Already a member? Login to access this report free.
Report Highlights
The global market for abrasives was valued at $55.0 billion in 2022. The market is estimated to grow from $57.8 billion in 2023 to reach $74.0 billion by 2028, at a compound annual growth rate (CAGR) of 5.1% from 2023 to 2028.
Report Includes
- 45 data tables and 53 additional tables
- Overview and an up-to-date analysis of the global abrasives market with emphasis on materials, products and applications
- Analyses of the global market trends, with historical market revenue data (sales figures) for 2022, estimates for 2023, forecasts for 2027, and projections of compound annual growth rates (CAGRs) through 2028
- Estimate of the actual market size and revenue forecast for the global abrasives market in USD millions, and a corresponding market share analysis based on type, application, end-use industry, and region
- In-depth information (facts and figures) pertaining to the market growth drivers, challenges, opportunities and prospects; the technologies and regulatory scenarios; and the impacts of COVID-19 and the Russia-Ukraine war on the market
- Discussion of the importance of ESG in the global abrasives market, including consumer attitudes, an assessment of risks and opportunities, and the ESG practices followed by manufacturers and suppliers of abrasives
- Review of new and existing U.S. patents issued for abrasive technologies
- A look at the major vendors in the global market for abrasives, and an analysis of the structure of this industry with respect to company market shares, venture fundings, and recent mergers and acquisitions (M&A) activity
- Identification of the major stakeholders and analysis of the competitive landscape based on recent developments, key financials and segmental revenues, and operational integration
- Profiles of the leading market players
Report Scope
The report contains comprehensive information regarding the abrasive industry and the users thereof. It includes details about various types of abrasives; materials used as abrasives; abrasive manufacturers’ most commonly used grains; manufacturers’ production with values; manufacturers of products using abrasive materials primarily for machine tools; users of abrasive tools and other applications; and users of loose abrasives. Estimated values are based on manufacturers’ total revenues. Projected and forecast revenue values are in constant U.S. dollars, unadjusted for inflation.
The abrasive market is segmented into the follow categories:
- Type (abrasive grains and abrasive products).
- Application (buffing, honing, drilling, grinding, polishing, cutting, and sharpening).
- End use (metal manufacturing, automotive, electronics, medical, energy, building and construction, and wood and composites).
- Region: North America, Europe, Asia-Pacific (APAC), and the Rest of the World (RoW).
Report Synopsis
| Report Metrics | Details | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2022 | ||||||||||||||
| Forecast period considered | 2023-2028 | ||||||||||||||
| Base year market size | $55.0 billion | ||||||||||||||
| Market size forecast | $74.0 billion | ||||||||||||||
| Growth rate | CAGR of 5.1% from 2023 to 2028 | ||||||||||||||
| Units considered | $ Millions and Metric Tons | ||||||||||||||
| Segments covered | By Type, Application, End-Use, and Region | ||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) | ||||||||||||||
| Key Market Drivers |
|
||||||||||||||
| Companies studied |
|
||||||||||||||
Frequently Asked Questions (FAQs)
- Growth of end-use industries such as Automobile, construction and metal fabricators.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Related Reports
Advanced Ceramics and Nanoceramic Powders
The global market for advanced ceramics and nanoceramic powders totaled $22.2 billion in 2023. It is expected to grow from $23.9 billion in 2024 to reach $35.1 billion by the end of 2029, at a compound annual growth rate (CAGR) of 8.0% from 2024 through 2029.
High-performance Ceramic Coatings: Global Markets and Technologies
The global market for high-performance ceramic coatings is expected to grow from $10.5 billion in 2024 and is projected to reach $13.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.8% during the forecast period of 2024 to 2029.
Sol-Gel Processed Ceramics and Glass: U.S. Markets to 2023
The U.S. market for sol-gel processing for ceramics and glass should grow from $816.9 million in 2018 to $1.2 billion by 2023 at a compound annual growth rate (CAGR) of 8.6% from 2018 through 2023.
Technical and Advanced Structural Ceramics: North American Markets
The North American market for technical and advanced structural ceramics was $4.5 billion in 2014. The market is expected to reach nearly $6.7 billion by 2020 from $4.8 billion in 2015, increasing at a compound annual growth rate (CAGR) of 6.7% from 2015 through 2020.
Track the Latest Global Tariff Developments
In today's fast-paced global economy, tariffs are no longer static—they are dynamic levers shaped by geopolitical realignments, supply chain vulnerabilities, inflationary pressures, and sustainability-driven trade reforms. As governments worldwide recalibrate their trade strategies, businesses are left to navigate a maze of shifting rules, rising costs, and regulatory uncertainty.
Our analysis empowers you with real-time updates and in-depth expert analysis on all facets of global tariff activity. From new trade agreements and sanctions to abrupt tariff hikes and retaliatory duties, we monitor developments across borders, sectors, and industries—so you don't have to.
Whether it's the ongoing U.S.–China trade dynamics, the evolving EU Carbon Border Adjustment Mechanism (CBAM), or the emerging policies in India, ASEAN, and Latin America, we provide full-spectrum coverage. We also track multilateral trade negotiations, World Trade Organization (WTO) rulings, and sector-specific duty structures—ensuring you are always ahead of global trade shifts.
With our analysis, you can stay informed, identify risks, and confidently respond to tariff changes—no matter where you operate.
Ready to see what tariff means for your business?
Consult with our experts or request your custom Tariff Impact Brife today
Stay Informed, Stay Competitive
In today's interconnected and unpredictable global economy, staying ahead of tariff shifts is not just important—it's essential. BCC Research provides decision-makers with trusted, research-driven insights that turn uncertainty into opportunity.
Our in-depth market analysis and trade intelligence help you decode how tariff changes impact your specific sector—manufacturing, healthcare, technology, agriculture, or energy. We break down complex data into actionable knowledge through comprehensive reports, expert commentaries, and sector-focused forecasts.
Our analysis includes:
- Thorough breakdowns of current and proposed tariff policies and how they affect regional and global trade flows.
- Sector-specific implications, helping you understand the strategic impact on sourcing, pricing, and competitiveness.
- Forward-looking insights to support risk management, planning, and response strategies for evolving trade conditions.
With BCC Research, you gain more than just information—you gain clarity and confidence to make well-informed decisions in a volatile trade environment.
Don't let tariffs catch you off guard—let our insights guide your strategy.
Recent Reports
Nonwoven Filter Media: Global Markets
The global market for nonwoven filter media is expected to grow from $6.6 billion in 2024 to reach $8.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.2% from 2024 through 2029.
Global Green Steel Market
The global green steel market is expected to grow from $7.4 billion in 2024 to $19.4 billion by 2029, at a compound annual growth rate (CAGR) of 21.4% from 2024 through 2029.
Aerospace Ceramics: Global Markets to 2029
The global market for aerospace ceramics is expected to grow from $5.6 billion in 2024 to $8.2 billion by 2029, at a compound annual growth rate (CAGR) of 8.0% from 2024 through 2029.
2024 Advanced Materials Research Review
Research Reviews from BCC Research provide market professionals with concise market coverage within a specific research category. These Research Reviews include portions of several market research reports that were published in 2024.
Global Markets for Advanced Aerospace Materials
The global market for advanced aerospace materials is estimated to increase from $29.2 billion in 2024 to reach $42.9 billion by 2029, at a compound annual growth rate (CAGR) of 8.0% from 2024 through 2029.
Top Trending Reports
Next-Generation Advanced Batteries: Global Markets
The global market for next-generation advanced batteries is estimated to grow from $1.5 billion in 2024 to reach $5.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 28.5% from 2024 through 2029.
Global Pharmaceutical Drugs Industry: Competitive Landscape 2023
This report discusses the global pharmaceutical drugs industry and its competitive landscape in terms of significant player market ranking and top pharmaceutical drugs. Company profiles of the top 50 pharmaceutical companies, innovative products and technologies, trends and market dynamics, competitive intelligence, and regional trends are well-researched and analyzed in this report.
Global Markets and Manufacturing Technologies for Protein Drugs
The global protein drugs market is expected to grow from $441.7 billion in 2024 and is projected to reach $655.7 billion by the end of 2029, at a compound annual growth rate (CAGR) of 8.2% during the forecast period of 2024 to 2029.
Biologic Therapeutic Drugs: Technologies and Global Markets
The global market for biologic therapeutic drugs is estimated to increase from $499.2 billion in 2024 to reach $794.5 billion by 2029, at a compound annual growth rate (CAGR) of 9.7% from 2024 through 2029.
Global Markets for Emerging Medical Device Technologies
The global market for emerging medical devices is estimated to increase from $136.6 billion in 2024 to reach $223.9 billion by 2029, at a compound annual growth rate (CAGR) of 10.4% from 2024 through 2029.
Report Highlights
The global market for abrasives reached $38.2 billion in 2016. The market should reach $39.8 billion in 2017 and $51.9 billion by 2022, growing at a compound annual growth rate (CAGR) of 5.5% during 2017-2022.
Report Includes
- 72 data tables and 41 additional tables.
- An overview of the global market for abrasive products, which are materials used to cut, smooth, roughen, polish, or clean surfaces, or simply used to remove material to alter surface shapes or dimensions.
- Coverage of both abrasives and fine polishing markets.
- Analyses of global market trends, with data from 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2022.
- Abrasives and abrasive products industries, global market trends in each, mergers and acquisitions, and its impact in the marketplace.
- Alumina and silicon carbide markets, production capacities, trends, and geographic details.
- Comprehensive profiles of major players in the industry, including: 3M, Abra Beta, Abrasive Technology Inc., Allied High Tech Products Inc., Alpex Wheel Company, Alteo, AluChem Inc., Anchor Abrasives, Buehler Ltd.
Report Highlights
The global market for abrasive products and materials reached $36.6 billion in 2014. This market is expected to reach about $37.8 billion by 2015 and $44.2 billion by 2020, registering a compound annual growth rate (CAGR) of 3.2% from 2015 to 2020.
Report Includes
- An overview of the global market for abrasive products, which are materials used to cut, smooth, roughen, polish, or clean surfaces, or simply used to remove material to alter surface shapes or dimensions.
- Coverage of both abrasives and fine polishing markets.
- Analyses of global market trends, with data from 2014, estimates for 2015 and projections of CAGRs through 2020.
- Abrasives and abrasive products industries, global market trends in each, merger and acquisitions and its impact in the market place.
- Alumina and Silicon carbide marketplace, production capacities, trends, and geographical details.
- Comprehensive profiles of major players in the industry.
Report Highlights
The global abrasives market, sized at $33.4 billion in 2011, is expected to reach $43.8 billion by 2017 at a six-year compound annual growth rate (CAGR) of 4.6%.
Report Includes
- An overview of the global market for abrasive products, which are materials used to cut, smooth, roughen, polish, or clean surfaces, or simply used to remove material to alter surface shapes or dimensions.
- Coverage of both abrasives and fine polishing markets.
- Analyses of global market trends, with data from 2011, and projections of compound annual growth rates (CAGRs) through 2017.
- Abrasives and abrasive products industries, global market trends in each, merger and acquisitions and its impact in the market place.
- Alumina and Silicon carbide marketplace, production capacities, trends, and geographical details.
Report Highlights
REPORT HIGHLIGHTS
-
The abrasive industry has two defined sectors in the market. These are manufactured abrasive grains, which consist of natural and synthetic grains and highly expensive super-abrasives (also synthetic); and the users of abrasive grains such as in machine tools and as loose powders
-
There are limited numbers of abrasive grain manufacturing companies. But, there are large numbers of machine tool manufacturers. Some of the abrasive manufacturers make the traditional grains, such as fused alumina and silicon carbide; others manufacture super-abrasives such as synthetic diamond, cubic boron nitride (CBN) and boron carbide.
-
The market for abrasive grains has been steady, with declining trends in the U.S. and Canada. The major supplier (particularly of the regular and lower grade grains) has been China.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More