NEW YORK, May 23, 2022 /PRNewswire/ -- The Rubber Bonded Abrasive Market Share is expected to increase by USD 345.92 million from 2021 to 2026, according to the recent market study by Technavio.

Segmentation by Material (In-Scope/Out-of-Scope)

• In-Scope:
• Synthetic Rubber:

The rubber bonded abrasive market share growth by the synthetic rubber segment will be significant during the forecast period. The largest application of synthetic rubber bonded abrasives is in wheels for grinding carbides and ceramics. Rubber-bonded abrasive wheels are formed by selecting the abrasive grain, then sieving it, and kneading the grain into synthetic rubber. A vulcanizing agent such as sulfur is added, and then the mix is rolled between steel calendar rolls to form a sheet of the required thickness. These characteristics of synthetic rubber bonded abrasive is a major factor that drives its widespread use in several industries such as transport, oil and gas, steel and metal, electrical and electronics due to its high tensile strength, longevity, and high resistance to temperature. 

• Out-of-Scope:
• Natural Rubber

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Highlights-

• Segmentation- The report extensively covers market segmentation by Material (synthetic rubber and natural rubber) and Geography (APAC, Europe, North America, South America, and Middle East and Africa)
• Key Companies- 3M Corp., Abrasives Manhattan SA, ARTIFEX Dr. Lohmann GmbH and Co. KG, atto Abrasives Ltd., Carborundum Universal Ltd., Compagnie de Saint Gobain SA, CRATEX Manufacturing Co., Illinois Tool Works Inc., Lowton Abrasive Ltd., Marrose Abrasives, MISUMI Group Inc., PACER Industries Inc., PFERD Inc., SAK ABRASIVES Ltd., Schwarzhaupt GmbH and Co. KG, Super Abrasives, and Tyrolit Schleifmittelwerke Swarovski KG among others
• Driver- Increasing demand for rubber bonded abrasives in heavy industries to drive the market
• Challenge- Machine parameter constraints to hamper the market growth 

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Vendor Insights-

The rubber bonded abrasive market is fragmented and the vendors are deploying growth strategies such as joining dominant and strong competitors through investments in R and D and continuous efforts to improve their product visibility to compete in the market.

• 3M Corp. - The company offers rubber bonded abrasives that are used for all applications and materials including quick change discs, flap wheels, cartridge rolls, fibre discs and non-woven wheels, brushes, flap discs, hand pads, belts and more to fit needs, under the brand name of 3M. Moreover, it is a public company headquartered in US. It is a global company generating $35,355 million in revenues and has around 95,000 employees. Its revenue from the global rubber bonded abrasive market contributes to its overall revenues along with its other offerings, but it is not a key revenue stream for the company. 

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Learn More about Key Drivers & Challenges of the Market-

• Rubber Bonded Abrasive Market Driver:
• Increasing demand for rubber bonded abrasives in heavy industries:

Rubber bonded abrasives are utilized in heavy industry applications for unique needs that range from initial metal processing to finished product manufacturing. Rubber bonded abrasives are most commonly used in heavy industries. The global rubber bonded abrasive market is expanding with the emergence of new applications and technologies such as the abrasive belt grinding technique which is useful in shipbuilding, aerospace, mining, steel production industries. Several governments introduced schemes to promote the growth of heavy industries in their region. For instance, the "Make in India" scheme aims to attract huge investments in the manufacturing sector in India. Furthermore, according to the National Steel Policy 2017, the government of India has set a target to ramp up the crude steel production output to 300 million tons by 2030. Therefore, the introduction of such policies has the potential to drive the growth of the global rubber bonded abrasive market is driven by their expanding applications in heavy industries.

• Rubber Bonded Abrasive Market Challenge:
• Machine parameter constraints:

A wide range of industrial grinding operations and requirements need the use of different types of abrasive tools with accurately adjusted parameters. The appropriate selection of abrasive tool features is essential to meet the requirements and is a prerequisite for their smooth operation. The major parameters of loose abrasive machining, including lapping and polishing, are systematically viewed so that no error occurs during the operation. Every machine has different its own dimensions, and hence, it is difficult to design abrasives exclusively for each machine. Different loose abrasive processes require diverse treatment, such as the honing process, the lapping process, and the application of lubricants, to obtain the desired results. The obtained parameters are used to generate a basic data and information structure to achieve a knowledge warehouse system in finishing processes. Therefore, it is a restraining factor for the growth of the global rubber bonded abrasive market.

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Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Material
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Material

• 5.1 Market segments
• Exhibit 24: Chart on Material - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Material - Market share 2021-2026 (%)

• 5.2 Comparison by Material
• Exhibit 26: Chart on Comparison by Material
• Exhibit 27: Data Table on Comparison by Material

• 5.3 Synthetic rubber - Market size and forecast 2021-2026
• Exhibit 28: Chart on Synthetic rubber - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Synthetic rubber - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Synthetic rubber - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Synthetic rubber - Year-over-year growth 2021-2026 (%)

• 5.4 Natural rubber - Market size and forecast 2021-2026
• Exhibit 32: Chart on Natural rubber - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Natural rubber - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Natural rubber - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Natural rubber - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Material
• Exhibit 36: Market opportunity by Material ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 APAC - Market size and forecast 2021-2026
• Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 North America - Market size and forecast 2021-2026
• Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 China - Market size and forecast 2021-2026
• Exhibit 62: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.9 US - Market size and forecast 2021-2026
• Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.10 Japan - Market size and forecast 2021-2026
• Exhibit 70: Chart on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 7.11 India - Market size and forecast 2021-2026
• Exhibit 74: Chart on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on India - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.12 Germany - Market size and forecast 2021-2026
• Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
• Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 88: Matrix on vendor position and classification

• 10.3 3M Corp.
• Exhibit 89: 3M Corp. - Overview
• Exhibit 90: 3M Corp. - Business segments
• Exhibit 91: 3M Corp. - Key news
• Exhibit 92: 3M Corp. - Key offerings
• Exhibit 93: 3M Corp. - Segment focus

• 10.4 Abrasives Manhattan SA
• Exhibit 94: Abrasives Manhattan SA - Overview
• Exhibit 95: Abrasives Manhattan SA - Product / Service
• Exhibit 96: Abrasives Manhattan SA - Key offerings

• 10.5 atto Abrasives Ltd.
• Exhibit 97: atto Abrasives Ltd. - Overview
• Exhibit 98: atto Abrasives Ltd. - Product / Service
• Exhibit 99: atto Abrasives Ltd. - Key offerings

• 10.6 Carborundum Universal Ltd.
• Exhibit 100: Carborundum Universal Ltd. - Overview
• Exhibit 101: Carborundum Universal Ltd. - Business segments
• Exhibit 102: Carborundum Universal Ltd. - Key offerings
• Exhibit 103: Carborundum Universal Ltd. - Segment focus

• 10.7 Compagnie de Saint Gobain SA
• Exhibit 104: Compagnie de Saint Gobain SA - Overview
• Exhibit 105: Compagnie de Saint Gobain SA - Business segments
• Exhibit 106: Compagnie de Saint Gobain SA - Key news
• Exhibit 107: Compagnie de Saint Gobain SA - Key offerings
• Exhibit 108: Compagnie de Saint Gobain SA - Segment focus

• 10.8 Illinois Tool Works Inc.
• Exhibit 109: Illinois Tool Works Inc. - Overview
• Exhibit 110: Illinois Tool Works Inc. - Business segments
• Exhibit 111: Illinois Tool Works Inc. - Key offerings
• Exhibit 112: Illinois Tool Works Inc. - Segment focus

• 10.9 Marrose Abrasives
• Exhibit 113: Marrose Abrasives - Overview
• Exhibit 114: Marrose Abrasives - Product / Service
• Exhibit 115: Marrose Abrasives - Key offerings

• 10.10 PACER Industries Inc.
• Exhibit 116: PACER Industries Inc. - Overview
• Exhibit 117: PACER Industries Inc. - Product / Service
• Exhibit 118: PACER Industries Inc. - Key offerings

• 10.11 PFERD Inc.
• Exhibit 119: PFERD Inc. - Overview
• Exhibit 120: PFERD Inc. - Product / Service
• Exhibit 121: PFERD Inc. - Key offerings

• 10.12 Tyrolit Schleifmittelwerke Swarovski KG
• Exhibit 122: Tyrolit Schleifmittelwerke Swarovski KG - Overview
• Exhibit 123: Tyrolit Schleifmittelwerke Swarovski KG - Product / Service
• Exhibit 124: Tyrolit Schleifmittelwerke Swarovski KG - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 125: Inclusions checklist
• Exhibit 126: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 127: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 128: Research methodology
• Exhibit 129: Validation techniques employed for market sizing
• Exhibit 130: Information sources

• 11.5 List of abbreviations
• Exhibit 131: List of abbreviations

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