Rubber Bonded Abrasive
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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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