Paper-Backing Abrasive Adhesive Discs Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030
Report Overview
The market research report is created with a compilation of analytical research based on historic records, current statistics, and future predictions. The report contains details on the leading players operating in the Paper-Backing Abrasive Adhesive Discs market including various factors related to and dependent influencing the market growth.
Paper-backing abrasive adhesive discs is a kind of paper disc sandpaper used in polishing process.
First, the paper-backing abrasive adhesive discs industry is concentrated, top 10 companies takes more than 64% share of global market. Saint-Gobain, Klingspor and 3M are the leading players in this industry which takes more than 28% of global production. Regionally, China, Europe and USA are the main production base of sand paper, with Japan also well-known for the premier quality of products.
Second, currently, the sand paper industry has been highly mature, especially in developed countries. The growth rate of sand paper production in Europe, USA and Japan has been under 4% for the past years, while growth rate in developing countries like China has been in rapid growth. Regionally, China, Europe (Western Europe, Northern Europe and Germany), USA and Japan are the major production area of paper-backing abrasive adhesive discs.
Third, as a kind of coated abrasive, paper-backing abrasive adhesive discs can be used to polish materials. The major applications of paper-backing abrasive adhesive discs are for wood, metal, paint, wall, etc., among which wood and metal abrasive are the major use. In 2015, metal hold about 40% application share.
Fourth, the import and export business of paper-backing abrasive adhesive discs industry is frequent. USA and Europe are the main exporter of sand paper, while USA is the major importer. The products of China are well-known for the stable quality and cheap price, while products of Europe and Japan are superior in performance.
Fifth, price of different kinds of sand paper differs from each other. The price of velvet backed sandpaper is more than 15% higher than price of adhesive backed sandpaper. Since the major factors affects price changes are raw material supply and labor cost, the price of paper-backing abrasive adhesive discs would be higher due to labor cost increasing.
Sixth, the production of paper-backing abrasive adhesive discs in the coming years would be in 2%~4% of annual growth, and the major increase would be in developing countries. Additionally, as the development in India has been in fast growth for the past years, it is estimating that India would be transforming as another major producer of sand paper in the future.
Global Paper-Backing Abrasive Adhesive Discs market size will increase to 430 Million US$ by 2030, from 350 Million US$ in 2020, at a CAGR of 2.9% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for Paper-Backing Abrasive Adhesive Discs.
The report is prepared using analytical methods such as SWOT (strengths, weaknesses, opportunities, and threats)) analysis, PESTEL Analysis, Porter\'s Five Force Analysis, and value chain analysis. These methods provide a clear view of the market structure and analyze competition at a global level. They also provide detailed information on each segment in the global Paper-Backing Abrasive Adhesive Discs market.
The aim of the report is to interpret the market sizes of various segments and countries for the forecast period. The study includes the qualitative and quantitative analysis of the market. The report analyses the Paper-Backing Abrasive Adhesive Discs market on a regional and global level with a deep analysis of macro-and micro-economic factors impacting the growth of the market. This report also includes market information related to the latest industry trends, market developments, and analysis of products and end users contributing to market growth. An in-depth study of the current market scenario, major driving factors, and restraining factors for the market are also included in the report.
The Paper-Backing Abrasive Adhesive Discs market report includes information related to market segmentation, market size and revenue forecasts, and regional forecasts along with information about the leading market players operating in the market, company revenue shares and, their recent developments. The market is classified regionally on country-level into North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Scope of the Paper-Backing Abrasive Adhesive Discs Market:
The major competitors working in the market are:
, Saint-Gobain, 3M, Klingspor, Hermes Abrasives, Mirka, SIA Abrasives (Bosch), Nihon Kenshi, Ekamant, Awuko, Gator, Sankyo-Rikagaku, Carborundum Universal, Keystone Abrasives, Kovax, Dongguan Jinyang, Sunmight, Guangdong Shunhui
Market by Order Type
Adhesive backed sandpaper
Velvet backed sandpaper
Others
Paper-Backing Abrasive Adhesive Discs Data by Application
Wood
Metal
Varnishing
Others
Paper-Backing Abrasive Adhesive Discs Production Regions Covered in the Report are:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Rest of the World
The information about the Paper-Backing Abrasive Adhesive Discs market is obtained from several sources such as company websites, journals, annual reports, which were then assessed and verified by the industry experts. The information is represented in the form of diagrams, charts, pie charts, and infographics, which helps in a better understanding of the market.
Objectives of Paper-Backing Abrasive Adhesive Discs Market Report:
- To analyze the factors driving the market growth including supply chain analysis, price analysis along with other analytical methods
- To provide an in-depth analysis of the Paper-Backing Abrasive Adhesive Discs market with information on various segment and sub-segments
- To provide a regional analysis and global analysis for the Paper-Backing Abrasive Adhesive Discs market size and their forecasts
- To provide strategic profiles of the key players operating in the Paper-Backing Abrasive Adhesive Discs market, their key competencies, and market competition
- To provide a competitive scenario about the key factors driving, restraining, and challenging the market growth.
- The impact of COVID-19 pandemic on the Paper-Backing Abrasive Adhesive Discs market
Target Audiences for Paper-Backing Abrasive Adhesive Discs Market:
- Investors
- Investment Bankers
- Key Consulting Companies and Advisors
- Venture Capitalists
- Large, Medium-sized, and Small enterprises
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