Base Year
Historical Year
Forecast Year
The Australia abrasives market size was valued at USD 519.39 million in 2023. The market is further projected to grow at a CAGR of 3.40% between 2024 and 2032, reaching a value of USD 703.77 million by 2032.
The abrasives market is experiencing a surge in demand from the automotive and electronics sectors, driven by the need for paint preparation, precision manufacturing, surface finishing, and maintenance applications. This trend significantly impacts Australia abrasives market growth by creating opportunities for abrasives manufacturers to cater to the specific requirements of these industries.
Additionally, in the construction sector, abrasives are essential for tasks such as concrete grinding, surface preparation before painting or coating applications, and tile cutting, reflecting a growing demand for abrasive materials in these sectors. The metal manufacturing sectors are adopting abrasives for various applications such as grinding, cutting, and polishing, driving the demand for specialised abrasive products tailored to these industries' needs.
Furthermore, the oil and gas industry rely on abrasives for pipeline maintenance, weld cleaning, corrosion removal, and surface preparation in offshore and onshore operations. Meanwhile, in the electronics industry, abrasives are crucial for precision machining processes like wafer slicing in semiconductor manufacturing or polishing electronic components. These factors contribute to Australia abrasives market development by providing a steady source of demand for abrasives across various industries.
Australia Abrasives Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Raw Material
Market Breakup by Type
Market Breakup by Application
Market Breakup by End Use
Market Breakup by Region
Market players are focused on providing premium quality of abrasives across industries to stay ahead in the competition.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Raw Material |
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market reached an approximate value of USD 519.39 million.
The market is expected to grow at a CAGR of 3.40% between 2024 and 2032.
The abrasives market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 703.77 million by 2032.
The major drivers of the market include the growing metal fabrication industry, rising production of electric vehicles (EVs), and the growth of the manufacturing sector.
Key trends aiding the market expansion are rise in demand from automotive and electronics industries, increasing usage of abrasives in construction and infrastructure projects, and growing adoption in metal manufacturing and oil & gas industries.
Regions considered in the market are South Wales, Victoria, Queensland, Western Australia, and Australian Capital Territory, among others.
Different types of abrasives are super, bonded, and coated.
Based on raw material, the market segmentations include synthetic and natural abrasives.
End users like automotive, construction, metal manufacturing, oil and gas, aerospace, electronics are considered in the report.
Key players in the market are GMA Garnet Pty Ltd. (GMA Garnet Group), Saint-Gobain Abrasives Pty Ltd., CUMI (Australia), 3M Australia Pty Limited, Hermes Abrasives Australia Pty Ltd., PFERD Australia Pty Ltd., 111 Abrasives Australia Pty Ltd., and Sheffield Group, among others.
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Australia
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United Kingdom
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+44-753-713-2163
United States (Head Office)
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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