Bonded abrasives are the combination of fillers, grains, and bonding substances. With this, a bonding medium is also required that offers bulk strength to the structure. The bonding agent is generally transparent rubber, resin, epoxy, shellac, magnesite, and more. Over the years, manufacturing companies have been focused on developments of different types of abrasive grains and bond in order to enhance the performance of the product. Every product is specially designed to offer finishing, cutting requirements, and stock removal. Market Industry Reports (MIR) has published a new report titled "Rubber Bonded Abrasives Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030." According to the report, the global rubber-bonded abrasives market is estimated to be over US$ 1284.50 Mn in 2018. It is anticipated to grow at a steady CAGR from 2019 to 2030.
The substantial market growth can be attributed to a growing demand for rubber-bonded abrasives in automotive and heavy industries. The demand for rubber-bonded abrasives in heavy industries is increasing due to its flexible properties such as longer durability and material removal abilities. Materials such as steel bars, coiled steel, iron castings, and pipes require the most durable abrasives with the fastest stock removal. Moreover, rubber-bonded abrasive wheels have replaced steel saws in heavy materials due to the abrasive wheels having the capacity to cut through nearly every material known at a faster rate than that of metal saws and with lesser heat generation and better cut surface.
Major Key Players of the Rubber Bonded Abrasives Market are:
Saint-Gobain, Tyrolit Group, PFERD (August Rüggeberg GmbH & Co. KG), CUMI (Murugappa Group), ABRASIVOS MANHATTAN, S.A., Pacer Industries, Inc., atto Abrasives Limited, Schwarzhaupt GmbH & Co. Kg, Marrose Abrasives, Cratex, and others.
Read More @ http://www.sbwire.com/press-releases/rubber-bonded-abrasives-market-to-witness-an-outstanding-growth-during-2019-2030-saint-gobain-tyrolit-group-pferd-1280964.htm
The substantial market growth can be attributed to a growing demand for rubber-bonded abrasives in automotive and heavy industries. The demand for rubber-bonded abrasives in heavy industries is increasing due to its flexible properties such as longer durability and material removal abilities. Materials such as steel bars, coiled steel, iron castings, and pipes require the most durable abrasives with the fastest stock removal. Moreover, rubber-bonded abrasive wheels have replaced steel saws in heavy materials due to the abrasive wheels having the capacity to cut through nearly every material known at a faster rate than that of metal saws and with lesser heat generation and better cut surface.
Major Key Players of the Rubber Bonded Abrasives Market are:
Saint-Gobain, Tyrolit Group, PFERD (August Rüggeberg GmbH & Co. KG), CUMI (Murugappa Group), ABRASIVOS MANHATTAN, S.A., Pacer Industries, Inc., atto Abrasives Limited, Schwarzhaupt GmbH & Co. Kg, Marrose Abrasives, Cratex, and others.
Read More @ http://www.sbwire.com/press-releases/rubber-bonded-abrasives-market-to-witness-an-outstanding-growth-during-2019-2030-saint-gobain-tyrolit-group-pferd-1280964.htm
Rubber-bonded abrasives are widely used in the automotive industry due to its versatile properties such as uniformity, widespread usage range, economic advantage, low heat transfer, hardness, and others. In the automotive industry, rubber-bonded abrasives are used to manufacture transportation components such as auto ancillaries, auto OEMs, bearing & gears, and other transpiration components.
However, factor such as the presence of alternative products is anticipated to hinder market growth over the forecast period. Rubber, shellac, resin or epoxy are bonding materials that are commonly used to manufacture bonded abrasives. Among these, resin bonded abrasives have many advantages over rubber-bonded abrasives including high efficiency, low temperature during operations, and others. Therefore, the presence of alternative products for rubber-bonded abrasives and new product innovations across multiple verticals have been limiting market growth.
Major Applications of Rubber Bonded Abrasives Market covered are:
Heavy Industries
Transportation Components
Electrical & Electronic Equipment
Medical Equipment
However, factor such as the presence of alternative products is anticipated to hinder market growth over the forecast period. Rubber, shellac, resin or epoxy are bonding materials that are commonly used to manufacture bonded abrasives. Among these, resin bonded abrasives have many advantages over rubber-bonded abrasives including high efficiency, low temperature during operations, and others. Therefore, the presence of alternative products for rubber-bonded abrasives and new product innovations across multiple verticals have been limiting market growth.
Major Applications of Rubber Bonded Abrasives Market covered are:
Heavy Industries
Transportation Components
Electrical & Electronic Equipment
Medical Equipment
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