Middle East and Africa Abrasives Market, By Raw Material (Natural and Synthetic), Type (Coated Abrasive, Bonded Abrasive, Super Abrasive and Others), Product (Disc, Cups, Cylinder and Others), Form (Block Form and Powdered Form), Application (Grinding, Cutting, Polishing, Drilling, Finishing and Others), End-User (Automotive, Machinery, Aerospace and Defence, Metal Fabrication, Building and Construction, Medical Devices, Oil and Gas, Electrical and Electronics and Others), Country (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel and Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Middle East and Africa Abrasives Market
Abrasives market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 4.8% in the forecast period of 2021 to 2028 and expected to reach USD 6199.22 million by 2028.
Increasing demand in building and construction industry with rising awareness about synthetic diamond-based abrasive are the factors for the market growth. Middle East and Africa region is dominating as countries like Saudi Arabia and UAE is dominating with rise in demand of abrasives in oil and gas industry. The growing demand of the abrasives is due to the increase in growth of abrasives in drilling, grinding and other applications.
Abrasives are materials that is been used for grinding, cutting, polishing, drilling of solid surface that are further used by different end users such as oil and gas, metal fabrication, aerospace, among others. Abrasives are basically considered for maximum as it gives smooth surface finish to the various parts of automobiles and among other industries equipment’s which are available to the individual that uses different raw materials such as natural and synthetic.
This abrasives market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Middle East and Africa Abrasives Market Scope and Market Size
The abrasives market is categorized into six notable segments which are raw materials, type, product, form, application and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of raw materials, the abrasives market is segmented into natural and synthetic. In 2021, synthetic are dominating due to rise in rise in demand of abrasives in building and construction industry with rapid urbanisation.
- On the basis of type, the abrasives market is segmented into coated abrasive, bonded abrasive, super abrasive and others. In 2021, coated abrasive segment is dominating with rise in per capita GDP of the region increasing demand in different industry.
- On the basis of product, the abrasives market is segmented into disc, cups, cylinder and others. In 2021, disc segment is dominating due to increase in usage of disc in oil and gas industry.
- On the basis of form, the abrasives market is segmented into block form and powdered form. In 2021, block form is dominating as block form can be used in smaller areas and regions by cutting into desired shapes.
- On the basis of application, the abrasives market is segmented into grinding, cutting, polishing, drilling, finishing and others. In 2021, polishing is dominating with rise in requirement of equipment of polishing in the building and construction industry.
- On the basis of end-user, the abrasives market is segmented into automotive, machinery, aerospace and defence, metal fabrication, building and construction, medical devices, oil and gas, electrical and electronics and others. In 2021, automotive is dominating with improvement in purchasing power and income of the individuals.
Abrasives Market Country Level Analysis
Middle East and Africa market is analysed and market size information is provided by country, raw materials, type, product, form, application and end-user as referenced above.
The countries covered in Middle East and Africa abrasives market report are South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel and Rest of Middle East and Africa.
South Africa in Middle East and Africa abrasives market is dominating the market due to increasing usage of abrasives in building and construction industry.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Rising Demand for Synthetic Diamond-Based Abrasive
Middle East and Africa abrasives market also provides you with detailed market analysis for every country growth in installed base of different kind of products for abrasives market, impact of technology using life line curves and changes in requirement of medical devices products, regulatory scenarios and their impact on the abrasives market. The data is available for historic period 2011 to 2019.
Competitive Landscape and Abrasives Market Share Analysis
Middle East and Africa abrasives market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to Middle East and Africa abrasives market.
The major players covered in the report are among Saint-Gobain, DuPont, 3M, VSM AG, Robert Bosch GmbH, GMA Garnet Pty Ltd, WINOA GROUP, Henkel AG & Co. KGaA, among other players domestic and global. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
- In January 2020, GMA Garnet Pty Ltd announced its participation in Petroleum Show. In the show, a technology and products which are related to oil and gas were displayed. This will increase the value of sales with improvement in technology of GMA Garnet Pty Ltd.
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