The Abrasive Paper Market is Predict to reach USD 6.1 Billion by 2031, at a CAGR of 4.2%

Abrasive Paper Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Abrasive Paper Market size is expected to reach $6.1 billion by 2031, rising at a market growth of 4.2% CAGR during the forecast period. In the year 2023, the market attained a volume of 5,156.28 kilo tonnes, experiencing a growth of 19.08% (2020-2023).

The Metal Polishing segment is registering a CAGR of 4.6% during (2024 - 2031). Abrasive paper is compatible with various metal alloys, including steel, aluminum, brass, copper, titanium, and stainless steel. This versatility makes it suitable for polishing various metal components and assemblies used in automotive, aerospace, marine, and manufacturing industries.

The Aluminium Oxide segment is leading the Global Abrasive Paper Market by Abrasive Grain in 2023; thereby, achieving a market value of $2.2 billion by 2031. Aluminum oxide abrasive paper is highly versatile and suitable for various applications. It can be used for sanding various materials such as wood, metal, plastics, ceramics, and composites, making it a preferred choice for both industrial and consumer markets. Aluminum oxide abrasive paper offers a good balance between performance and cost. It provides efficient material removal and long-lasting abrasion capabilities at a relatively affordable price compared to other abrasive materials.

The Wet Abrasive Paper segment would exhibit a CAGR of 4.8% during (2024 - 2031). Wet sanding with abrasive paper helps to contain dust and debris, improving the working environment and reducing health risks associated with airborne particles. This makes wet abrasive paper particularly popular in industries and applications where dust control is essential, such as automotive refinishing and woodworking.

Full Report: https://www.kbvresearch.com/abrasive-paper-market/

The Asia Pacific region dominated the Global Abrasive Paper Market by Region in 2023; thereby, achieving a market value of $2.6 billion by 2031. The Europe region is poised to grow at a CAGR of 3.7% during (2024 - 2031). Additionally, The North America region would witness a CAGR of 4% during (2024 - 2031).

List of Key Companies Profiled

• FFLUO
• Saint-Gobain Group
• Robert Bosch GmbH
• Henkel AG & Company, KGaA
• Hermes Schleifwerkzeuge GmbH & Co. KG
• Mirka Ltd. (KWH Group Ltd.)
• sia Abrasives Industries AG (sia Abrasives Holding AG)
• VSM Vereinigte Schmirgel- und Maschinen-Fabriken AG
• Klingspor AG
• Tyrolit Schleifmittelwerke Swarovski AG & Co KG

Abrasive Paper Market Report Segmentation

By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)

• Wood Processing
• Metal Polishing
• Automotive Polishing
• Painting & Finishing
• Electronic Product
• Others

By Abrasive Grain (Volume, Kilo Tonnes, USD Billion, 2020-2031)

• Aluminium Oxide
• Silicon Carbide
• Diamond
• Zirconia Alumina
• Others

By Type (Volume, Kilo Tonnes, USD Billion, 2020-2031)

• Dry Abrasive Paper
• Wet Abrasive Paper
• Sponge Abrasive Paper
• Dust Free
• Others

By Geography (Volume, Kilo Tonnes, USD Billion, 2020-2031)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Related Reports:

North America Abrasive Paper Market Size | Share Report 2031

• July-2024
• 139 Pages

LAMEA Abrasive Paper Market Size, Trends Report 2031

• July-2024
• 159 Pages

Europe Abrasive Paper Market Size & Growth Analysis 2031

• July-2024
• 159 Pages

Asia Pacific Abrasive Paper Market Size, Share Report 2031

• July-2024
• 163 Pages