PUNE, India, January 13, 2017 /PRNewswire/ --
The report "Rubber Bonded Abrasives Market by Application (Heavy Industries, Transportation Components, Electrical & Electronic Equipment, Medical Equipment), and Region - Global Forecast to 2026", published by MarketsandMarkets, the market is projected to reach USD 1.47 Billion by 2026, at a CAGR of 3.1% from 2016 to 2026.
Browse 80 market data Tables and 43 Figures spread through 130 Pages and in-depth TOC on "Rubber Bonded Abrasives Market"
Early buyers will receive 10% customization on this report.
The market is driven by increased demand for rubber bonded abrasives for auto ancillaries, aerospace, construction, cleaning & maintenance, medical, food packaging, and heavy industries.
Based on application, the heavy industries segment accounted for the largest share of the rubber bonded abrasives market in 2015
Based on application, the heavy industries segment is estimated to account for the largest share of the rubber bonded abrasives market in 2015. Rubber bonded abrasives are used for cutting and grinding small tools such as screwdrivers, plumbing tools, and other specialty tools, as they do not hamper the quality of metals and are softer as compared to other types of bonded abrasives. In addition, rubber bonded abrasives are used in the steel industry for removing scale or defects from the surface of slabs and in different grinding processes for different kinds of rolls.
Ask for PDF of the Report at http://www.marketsandmarkets.com/pdfdownload.asp?id=21093606
Rising demand for rubber bonded abrasives in the Asia-Pacific region is expected to drive the market during the forecast period
Asia-Pacific accounted for the largest share of the Rubber Bonded Abrasives Market in 2015 and is expected to grow at the highest rate from 2016 to 2026. China is currently the largest market in Asia-Pacific region for rubber bonded abrasives and is expected to lead the market during the forecast period. India is the fastest-growing market for rubber bonded abrasives. Increasing demand for rubber bonded abrasives from auto ancillaries, aerospace, metal, construction, cleaning & maintenance, medical, food packaging, and heavy industries for precision cutting and grinding of tools such as screwdrivers, plumbing tools, and other specialty tools is expected to drive the rubber bonded abrasives market in these countries.
Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=21093606
Key companies profiled in the rubber bonded abrasives market research report are 3M Company (U.S.), Tyrolit Group (Austria), PFERD INC (Germany), Y.IKEMURA Co. LTD. (Japan), Abrasivos Manhattan SA (Spain), PACER Industries Inc. (U.S.), Buffalo Abrasives Inc. (U.S.), Schwarzhaupt GmbH & co. (Germany), Saint Gobain (France), Cratex Manufacturing Co. (U.S.), Marrose Abrasives (U.K.), Atto Abrasive Ltd (Ireland), Lowton Abrasive Ltd (U.K.), Buehler (U.S.), and Artifex Dr Lohmann Gmbh & Co KG (Germany).
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets