According to a recently published report, the Global Abrasives Market is expected to grow at the CAGR of 6% during 2015-2022. The Global Abrasives Market is segmented on the basis of product, end user and geography. The report on Global Abrasives Market forecast 2015-2022provides detailed overview and predictive analysis of the market.
The global abrasives market is expected to grow exponentially due to rise in electronic, automobile and medical device markets. Global rise in awareness for abrasives market and innovation in existing technologies are creating huge scope for the market. However, stringent government regulations may affect the growth of global abrasives market.
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Global abrasives market is expected to contribute highest in North America followed by Europe. Rise in adoption of Global abrasives market by product such as bonded abrasives, coated abrasives, raw super abrasives and so on are major drivers for the Global Abrasives Market. Saint Gobain SA, 3M, Robert Bosch GmbH, DuPont, TYROLIT Schleifmittelwerke Swarovski K.G. and Henkel AG & Co. KGaAare the key market players. Mergers and acquisition, partnerships are the key winning strategy of the market.
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