Rubber Bonded Abrasive
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<strong>Rubber</strong> <strong>Bonded</strong> <strong>Abrasive</strong> Market forecast & competitive<br />
market share, 2017 - 2024: Global Market Insights, Inc.<br />
<strong>Rubber</strong> <strong>Bonded</strong> <strong>Abrasive</strong> Market size may witness significant gains over the forecast<br />
timeframe. Strong application scope in transportation and electrical & electronics industry<br />
should drive product demand. Low heat transfer, hardness, toughness, uniformity, extensive<br />
usage range, long life, economical advantage are key properties of this product over other<br />
counterparts.<br />
<strong>Rubber</strong> bonded abrasives can be manufactured by using various other compounds including<br />
talc, gypsum, calcite, fluorite, apatite, quartz, topaz, corundum, aluminium oxide, silicon<br />
carbide, borazon and diamond.<br />
<strong>Rubber</strong> bonded abrasive wheel is preferably applied in polishing and de-burring high carbon<br />
steel, precision grinding, and high temperature alloys mainly titanium, hastelloy, and Inconel<br />
which are used in automotive and aerospace industries. And Japan will drive the regional<br />
demand. Asia Pacific was the leading n-butanol market contributor accounting for more<br />
than 50% in 2015.<br />
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Rise in motor vehicles production has led to increase in various industrial products such as<br />
hoses, belts, and gaskets.<br />
Global industrial rubber market size generated over USD 90 billion in 2015 and may surpass<br />
USD 165 billion by 2024, with gains at over 7%. Positive application outlook in construction,<br />
automotive, and manufacturing industries should drive industry growth.<br />
Detailed table of contents of this research report@<br />
https://www.gminsights.com/request-toc/upcoming/1348<br />
<strong>Rubber</strong> bonded abrasive market is gaining importance in automobile industry on account of<br />
required surface finish and design to vehicles. Additionally, they find usage in medical sector<br />
as they are used to sharpen dental tools, which smoothen the edges.<br />
North America, led by the U.S. rubber bonded abrasive market may witness significant gains<br />
by 2024. Many manufacturing companies provide products which are used for polishing and<br />
architectural glass edges.<br />
Increasing steel, metal, medical, transportation and electrical & electronics industry should<br />
contribute towards regional market growth.<br />
Asia Pacific, driven by India, South Korea, Japan, and China rubber bonded abrasive market<br />
size, may grow significantly over the forecast timeframe. Asia Pacific natural rubber<br />
production was over 11 million tons in 2015.<br />
Europe, driven by UK, France, Italy, and Germany rubber bonded abrasive market share,<br />
may account for significant gains by 2024. Most of the companies produces and provide<br />
products which are used in engineering, medical, and aerospace industries.<br />
Companies are focused on enhancing their product portfolio to edge over other competitors<br />
and gain market share.<br />
Aluminium oxide, silicon carbide and zirconia alumina are key raw materials used for rubber<br />
bonded abrasive process. Fluctuating raw material costs may hinder industry profitability<br />
and affect rubber bonded abrasive market price trend.<br />
Saint Gobain has developed high performance centerless grinding wheel, Norton Century<br />
45, which is designed to improve product cost-competitiveness for large and small<br />
operations. It uses silicon carbide and aluminium oxide blends.<br />
Source Report:<br />
https://www.gminsights.com/industry-analysis/rubber-bonded-abrasive-market<br />
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About Global Market Insights<br />
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research<br />
and consulting service provider; offering syndicated and custom research reports along with<br />
growth consulting services. Our business intelligence and industry research reports offer<br />
clients with penetrative insights and actionable market data specially designed and<br />
presented to aid strategic decision making. These exhaustive reports are designed via a<br />
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