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In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Non-Woven Abrasive Locking Discs market for 2018-2023.
Non-Woven Abrasive Locking Discs is a kind of disc sandpaper with non-woven fabric substrate used in polishing process.
First, the non-woven abrasive locking discs industry is concentrated, top 10 companies takes nearly 63% share of global market. Saint-Gobain and 3M are the leading players in this industry which takes more than 29% of global production. The global production of non-woven abrasive locking discs was 31.23 million pieces in 2011 and it reached 39.22 million pieces in 2015. The CAGR is about 5.86%.
Second, Europe and USA are the main production base of non-woven abrasive locking discs. They each takes 47.55% and 34.98% of total production market share in 2015. China take 2.47% and Japan take 3.60% production market share in 2015.
Third, the world consumption value of non-woven abrasive locking discs in 2015 is about 84.90 million USD. Europe and USA are the largest consumption region of non-woven abrasive locking discs in 2015 by volume. The consumption of non-woven abrasive locking discs in Europe in 2015 is 13.10 million pieces. It is about 33.40% of total consumption market. The USA consumed about 23.30% of total consumption market share. China and Japan each consumed 13.21% and 10.15% of total consumption market share.
Over the next five years, LPI(LP Information) projects that Non-Woven Abrasive Locking Discs will register a 4.5% CAGR in terms of revenue, reach US$ 88 million by 2023, from US$ 70 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Non-Woven Abrasive Locking Discs market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
- Quick Change Type
- Arbor Hole Type
Segmentation by application:
This report also splits the market by region:
- - United States
- - Canada
- - Mexico
- - Brazil
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- - Germany
- - France
- - UK
- - Italy
- - Russia
- - Spain
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
- SIA Abrasives (Bosch)
- Hermes Abrasives
- Nihon Kenshi
- ARC Abrasives
- The LBA Innovation Way
- Zhengzhou KINGSHARK Abrasives
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
- To study and analyze the global Non-Woven Abrasive Locking Discs consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
- To understand the structure of Non-Woven Abrasive Locking Discs market by identifying its various subsegments.
- Focuses on the key global Non-Woven Abrasive Locking Discs manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Non-Woven Abrasive Locking Discs with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Non-Woven Abrasive Locking Discs submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.