The Global Non-Woven Abrasives Market held USD 132.6 million in 2020 and is to grow with a CAGR of 5.5% from 2020-2030. Non- woven abrasive provides the surface with final finish. Non-woven abrasives are also known as 3D abrasives. Abrasive grains under the non-woven abrasives are coupled with synthetic resins and flexible nylon fibers such as phenolic and epoxy to ensure consistent and controlled finish. The petrochemical derivatives are synthetic resins such as epoxies and phenolic. The prices of those resins depend on the prices of crude oil. Therefore, fluctuations in the prices of crude oil greatly influence the prices of resin, which will affect the global non-woven abrasives market growth.  In addition, this influences the prices of nonwoven abrasives. However, increased use of non-woven abrasives in the transport sector is likely to drive the global non-woven abrasives market demand in the near future.

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Market Dynamics and Factors

Growing demand from major end uses such as building & manufacturing, textiles, transportation, electrical & electronics, industrial machinery, and others are major factors responsible for  non- woven abrasives market growth. In addition , the increase in global industrial output led by the emerging economies is boosting demand and will be a considerable factor to fuel the global non-woven abrasives market size. Rising disposable income in developing countries coupled with growing industrial and manufacturing activities under Central Governments such as the initiative 'Make in India' also drive non-woven abrasives market growth. However, fluctuations in crude oil prices, affect the resin prices , which in turn influence the prices of non-woven abrasives, which will hamper the non-woven abrasives market growth. In addition , the increase in the use of non-woven abrasives in the transportation industry is generating an opportunity for non-woven abrasives market growth in the coming years.

Market Segmentation:

Global Non-Woven Abrasives Market – By Resin Product
Hand Pads and Rolls
Belts, Discs
Rolls
Wheels
Global Non-Woven Abrasives Market – By Application
Household
Electronics & Semiconductors
Transportation
Construction
Industrial
Global Non-Woven Abrasives Market – By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Italy
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
Rest of Asia Pacific
ROW
Latin America
Middle East
Africa

Geographic Analysis

Asia Pacific holds the major non-woven abrasives market share and is predicted to dominate the global non woven abrasives market over the forecast period. Due to increase in production demand from sectors like automotives, electronics and building and construction, India and China also holds a leading share in  non woven abrasives market. Also, North America is forecast to be the second largest growing share holder in global market of non-woven abrasives.

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Competitive Scenario

The global non-woven abrasives industry is extremely competitive in nature and  consists few major players. In terms of global non-woven abrasives market share, few of the major players currently dominating the market of non-woven abrasives are The key players of global non-woven abrasives market are DEWALT, Mirka Ltd., sia Abrasives Industries, The 3M Company,  AG, ARC ABRASIVES, INC., Ltd., Kanai Juyo Kogyo Co. Ltd,, NIHON KENSHI Co., Jiangsu Sanling Abrasive Co., Ltd.,Hermes Schleifmittel GmbH, Zhengzhou Kingshark Abrasives Co., LTD,

How will this Market Intelligence Report Benefit You?

The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.
Exclusive insight into the key trends affecting the Non-Woven Abrasives industry, although key threats, opportunities and disruptive technologies that could shape the Non-Woven Abrasives Market supply and demand.
The report tracks the leading market players that will shape and impact the Non-Woven Abrasives Market most.
The data analysis present in the Non-Woven Abrasives Market report is based on the combination of both primary and secondary resources.
The report helps you to understand the real effects of key market drivers or retainers on Non-Woven Abrasives Market business.

The 2021 Annual Non-Woven Abrasives Market offers:

100+ charts exploring and analysing the Non-Woven Abrasives Market from critical angles including retail forecasts, consumer demand, production and more
15+ profiles of top producing states, with highlights of market conditions and retail trends
Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
Benchmark wholesale prices, market position, plus prices for raw materials involved in Non-Woven Abrasives Market type

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