First Research US Industry Profile

Already a subscriber?  Login >>

View Sample
Abrasives Manufacturing
SIC Codes: 3291
NAICS Codes: 32791
Last Quarterly Update: 5/27/2024
Companies in this industry manufacture coated and bonded abrasive products, including grinding wheels, sandpaper, and abrasive grains. Major companies include 3M (US), Huanghe Whirlwind (China), Noritake (Japan), Robert Bosch (Germany), Saint-Gobain (France), and Tyrolit (Austria).
The global abrasives manufacturing industry is estimated to expand at a compound annual growth rate (CAGR) of 5.5% from 2021 to 2031, reaching about $100 billion by the end of the period, according to Transparency Research. The Asia Pacific region accounts for the largest share in the global abrasives market.
The US abrasives manufacturing industry includes about 300 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $5 billion.
Competitive Landscape
Demand for manufactured industrial products is the major driver of sales for abrasives. The profitability of individual companies depends on efficient operations, as many products are considered commodities. Large companies enjoy economies of scale in purchasing. Small companies can compete effectively by specializing in products for particular manufacturing functions. The US industry is highly concentrated: the 50 largest companies generate about 90% of revenue.
Imports account for about 30% of the US market. The largest suppliers to the US are China, Canada, Mexico, and Germany. Exports, which make up 25% of US production, go mainly to Mexico, Canada, and Germany.
Products, Operations & Technology
Abrasive products are made of hard mineral grains and are used to manufacture products including metal, plastics, glass, and wood. Abrasives are used to?shape?materials ... plus:
Sales & Marketing
,
Finance & Regulation
,
Regional & International Issues
,
Human Resources
Also includes the following chapters:
Quarterly Industry Update
,
Industry Indicators
,
Business Challenges
,
Trends and Opportunities
,
Call Preparation Questions
,
Financial Information
,
Industry Forecast
,
Industry Websites
,
Glossary of Acronyms

Historical Profiles (PDF format)

02/26/2024
11/20/2023
08/21/2023
05/15/2023
02/06/2023
12/09/2022
08/29/2022
05/16/2022
02/07/2022
11/08/2021
10/04/2021
06/28/2021
03/22/2021
11/23/2020
06/15/2020
02/24/2020
04/15/2019
02/18/2019
11/12/2018
08/20/2018
05/21/2018
02/19/2018
11/13/2017
08/14/2017
05/15/2017
02/20/2017
11/14/2016
08/15/2016
05/16/2016
02/15/2016
11/09/2015
08/10/2015
05/11/2015
02/09/2015
11/17/2014
08/25/2014
06/02/2014
03/10/2014
11/25/2013
09/02/2013
06/10/2013
03/18/2013
12/10/2012
09/17/2012
07/02/2012
04/09/2012
12/19/2011
09/26/2011
06/13/2011
03/14/2011
11/22/2010
08/30/2010
05/24/2010
02/22/2010