Global Grinding Disc Market Overview:
Grinding disc or grinding wheel is used in grinding machines for cutting, grinding operations. These discs are typically made of abrasive particles bonded together. The main components that make up a grinding disc are abrasive grains and bonding materials. Grinding wheels are considered an efficient tool to shape and finish materials. The market for grinding discs is expected to grow in accordance with metal fabrication and machinery industries.
- Advancement in Abrasive Technology
- High Demand for Thinner Discs Since Thy Provide Improved Accuracy & More Control Over Grinding
- A Rise in the Construction Sector
- Increasing Production of Goods Leading To Increased Number of Manufacturing Units
Some of the key players profiled in the report are Robert Bosch, Osborn (United States), Saint-Gobain (France), Sterling Abrasives Limited (SAL) (India), DRONCO GmbH (Germany), CGW - Camel Grinding Wheels Ltd (Israel), Hindustan Abrasives (India), Precision Abrasives (India), IGC Abrasives (India) and NORITAKE (Japan). Additionally, following companies can also be profiled that are part of our coverage like CUMI (India), Pacific Industries (India), United Abrasives, Inc. (United States), JUMA ABRASIVE CO., LTD. (China), Pacer Industries (United States), Grinding Techniques (Pty) Ltd (South Africa) and Metabo (Germany). Analyst at AdvanceMarketAnalytics see Indians Manufacturers to retain maximum share of Global Grinding Disc market by 2024. Considering Market by End-User Industry, the sub-segment i.e. Automotive will boost the Grinding Disc market. Considering Market by Abrasive Grain Size, the sub-segment i.e. Coarse will boost the Grinding Disc market. Considering Market by Grade, the sub-segment i.e. Very Soft will boost the Grinding Disc market. Considering Market by Abrasive Type, the sub-segment i.e. Cubic Boron Nitride will boost the Grinding Disc market.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Grinding Disc market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Grinding Disc market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.