Bonded abrasives are natural or synthetic abrasive grains bonded into a solid form, usually in the shape of a wheel. The difference between the hardness of the material and the abrasive based on this abrasion depends. Abrasives are used in a wide variety of industrial, domestic, and technological applications. The abrasive products are used for various applications such as cutting, grinding, drilling, polishing, lapping, honing, and buffing.

MARKET DYNAMIC- EUROPE BONDED ABRASIVES MARKET

The factors that elevating the bonded abrasives market growth are regular maintenance of workshops has growing and demand for construction industry has increased. Likewise, increasing requirement for bonded abrasives from the upcoming automotive industry along with increasing demand for the advanced technology-based machineries will fuel market growth. Nevertheless, downfall in the automotive industry and negative impact of the COVID-19 pandemic are the major restraining factor that could hamper the growth of the market.

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COVID 19 IMPACT ON EUROPE BONDED ABRASIVES MARKET REPORT 

Due to COVID 19 outbreak lead to shut down of many industries. During this COVID 19 pandemic all the construction and manufacturing activities were declined due to supply chain disruptions and labor shortages. This leads to disturbance in the production of abrasives products. Also demand for abrasives products has decreased in marine and automotive industry will affect the growth of the market. Due to this scenario, COVID 19 negatively affect the bonded abrasive market.

EUROPE BONDED ABRASIVES MARKET SEGMENTAL OVERVIEW

The study analyses Europe Bonded Abrasives Market based on product type, application, end user and country.

BONDED ABRASIVES MARKET BY PRODUCT TYPE

The various types, mentioned in the bonded adhesive market has been bifurcated into depressed center wheels, cup-shaped wheels, recessed or relieved wheels, and tapered body wheel. The depressed center wheels segment is expected to drive the bonded abrasives market in 2020 and is expected to maintain its dominance during the forecast period 2021-2027. The factors boosting the market growth are this wheels are designed to handle tough right angle grinding applications on metal, masonry and other building materials, hence demand for depressed centerwheels has increased. 

BONDED ABRASIVES MARKET BY APPLICATION

By the application Bonded Abrasives market is Grinding, Fabrication, Polishing, Cutting and Others (lapping, honing, and buffing). The grinding segment held the largest market share of global bonded abrasives market in 2020. The factors driving market growth are, rising demand for bonded abrasives products in grinding technique. As the abrasive grains act as grinding tools, removing material from a work piece to shape and refine it because of, bonded abrasives are used to provide smooth finish to various tools and machineries.

BONDED ABRASIVES MARKET BY END USER

By various end user included in bonded abrasives market are segmented into Automotive, Marine, Aerospace, Construction, Metal Working and Others. The automotive segment is expected to account for the largest share of the market owing to great applications in metal finishing or cutting applications. Hence, demand for bonded abrasives in automotive industry has increased. 

BONDED ABRASIVES MARKET BY COUNTRY

Country wise, the study is comprised of the key countries such as the UK, Germany, France, Italy, Spain and Rest of Europe. The UK held the largest market share of Europe bonded abrasives market and is likely to dominate the market over the estimated time frame. Owing to the factors responsible for the market growth in UK are rise in developing construction sector.

EUROPE BONDED ABRASIVES MARKET KEY PLAYERS 

The major key players of market includes 3M, Baystate, Tyrolit, Treibacher, Noritake, NIPPON RESIBON CORPORATION, Carborundum Universal Limited, Buffalo Abrasives, Abrasives Manhattan, Marrose Abrasives, Grinding Techniques Ltd , SAK Abrasives Limited, Sia Abrasives Industries AG Flexovit, Saint-Gobain , Robert Bosch GmbH, DRONCO GmbH, KWH Mirka, Fujimi Incorporated, Osborn (DRONCO), Precision Abrasives Pvt. Ltd and Asahi Diamond Industrial Co. Ltd.

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