For Immediate Release — New York City, NY, August 2009 – Dedalus Consulting (www.dedalusconsulting.com) recently released its updated report entitled Abrasives, Superabrasives and Abrasive Products as part of its Machining & Materials Series. The report contains data on the world market by product type and grade in the following end-user industries: aerospace, automotive, chemical processing, communications, construction, defense/military, electronic, equipment/machinery, medical/research, metal working, optic, opto-electronic, paper & pulp, and, power generation.
In 2009, the metal working, automotive and industrial markets are the primary end-users for abrasive products, comprising 15.2%, 13.8% and 12.0% of the market respectively. They maintain their hold on the market, and in 2013, will make up 15.8%, 14.3% and 11.7% of the market respectively. Construction comes in fourth place at 9.6% in 2009 and 8.9% by 2013. The power generation, electronics and medical/research sectors will demonstrate the strongest growth rates from 2008-2013 with 8.6%, 8.5% and 8.1% respective growth annually.
Metal working, the largest end-user market throughout the forecast period, is subject to a number of trends: the growth of the use of stainless steel by approximately 5% annually; hot pressed grinding wheels being used more often in steel production; the trend to replace metal saw blades with cut off wheels; and greater heat resistance in grinding wheels which has resulted in the decreased cost of working steel by approximately 4%.
Exhibit One: Abrasive Products by End-Use Market ($MM): 2009
Using 2007 as the base year, the report assesses the overall growth potential for abrasive materials and products and forecasts growth by product type, grade and end-use market through 2013. It includes extensive information on the competitive environment, including recent market entrants, types of suppliers, differentiation points, general warranty standards, service contracts and barriers to market entry.
More Information & How to Order
For more information about this report including a brochure and table of contents contact Dedalus Consulting:
- by navigating to the report contents page: Abrasives & Abrasive Products;
- by email at ; or
- by phone at (212) 709-8352.
About Dedalus Consulting
Dedalus Consulting Inc. is a privately owned and independently operated market research publisher and consultancy. Our research focuses on both emerging and mature markets in high-technology sectors, including machining & materials, electronic components, life sciences, nanotechnology, mobile communications and photonics.
Research is continually updated through a methodology based on primary interviews with key executives. Companies interviewed include manufacturers, end-users, distributors, and research institutions.
Our clients include Fortune 500 companies, start-ups, financial analysts, and research organizations engaged in the development and manufacturing of advanced technology products and services.