Abrasive files are small sticks or stones made of bonded abrasives or superabrasive coatings for deburring, finishing, lapping, and polishing in hard to reach places and recesses. They are used to remove surface materials such as metal, ceramics, glass, plastics, and paint .
Due to the COVID-19 pandemic, the global Abrasive Files market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Abrasive Files market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Abrasive Files landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Carbide accounting for % of the Abrasive Files global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Polishing segment is altered to an % CAGR throughout this forecast period and will hold a share about % in 2028.
The global major manufacturers of Abrasive Files include DME Company, S & G Tool Aid Corp., Titan Tool Supply, Inc., 3M Abrasive Systems Division, ABS Utensili Srl, AllFasteners (Mfg.), Armstrong Tool & Supply Company, Brandywine Abrasives, Inc. and Buffalo Abrasives, Inc., etc. In terms of revenue, the global 3 largest players have a % market share of Abrasive Files in 2021.
This report focuses on Abrasive Files volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Abrasive Files market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Abrasive Files Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Carbide
Hard Carbon Steels
Soft Carbon Steels
Tool Steels
Others
Segment by Application
Polishing
Cut
Drilling
Others
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
DME Company
S & G Tool Aid Corp.
Titan Tool Supply, Inc.
3M Abrasive Systems Division
ABS Utensili Srl
AllFasteners (Mfg.)
Armstrong Tool & Supply Company
Brandywine Abrasives, Inc.
Buffalo Abrasives, Inc.
C4 Carbides Limited
Diagrind, Inc.
DK Holdings Limited
Glendo Corporation
Heathway Products Division
Kemet International, Ltd.
Supercut Europe, GmbH
Xi’an Bangyu Tools Manufacture Co., Ltd.