Phenolic Resin Grinding Wheel Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030 (Recession Impact Analysis)
ID : MRU_
115179 | Date :
Feb, 2023 | Pages :
186 | Region : Global |
Publisher : Ri research
The report offers detailed coverage of Phenolic Resin Grinding Wheel industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Phenolic Resin Grinding Wheel by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Phenolic Resin Grinding Wheel is the grinding wheel in which the phenolic resin is used as the Binding agent. Phenolic Resin Grinding wheel is the bond (Phenolic Resin) will be ordinary abrasive consolidation into a certain shape (most of the circular, the central through hole), and has a certain strength of the bonded abrasive. It is generally composed of abrasive, bonding agent and porosity, these three parts are often referred to as the three elements of the bonded abrasive tools.
Figure Phenolic Resin Grinding Wheel product picture
In 2015, global Phenolic Resin Grinding Wheel total production reached 901939 Ton. China, North American and Europe were the major production regions. As the markets for Phenolic Resin Grinding Wheel mature, Phenolic Resin Grinding Wheel industry revenue growth is declining from 9.88 percent year over year in 2012 to 1.83 percent in 2015. And due to the China market is mature and the government policy, China market\'s production is declining slowly.
In consumption market China and North America are still the mainly consumption regions. For the developing country, China to grow at a fast pace annually and may become the largest region in the future in terms of Phenolic Resin Grinding Wheel consumption. The price of Phenolic Resin Grinding Wheel is still declining.
According to this Phenolic Resin Grinding Wheel market research, there is a slowly rise in production capacities worldwide, especially in India and the Southeast Asian, where small organizations are spearheading the efforts to install new production capacities.
Finally, we tend to believe that this industry is now close to mature, and the consumption increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in future too, as competition intensifies, prices gap between different brands will go on narrowing. Similarly, there will be fluctuation in gross margin.
The report forecast global Phenolic Resin Grinding Wheel market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.
First, this report covers the present status and the future prospects of the global Phenolic Resin Grinding Wheel market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Norton (Saint Gobain)
3M (US)
Kuretoishi (JP)
Camel grinding wheels discs and abrasives (US)
Tyrolit Group
SHIN-EI Grinding Wheels (JP)
DSA Products (US)
Andre Abrasive
DK Holdings (UK)
Elka (DE)
Thai GCI Resitop Co (TH)
At the same time, we classify Phenolic Resin Grinding Wheel according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows: Market by Order Type
Al2O3 Phenolic Resin Grinding Wheel
SiC Phenolic Resin Grinding Wheel
MBD & CBN Phenolic Resin Grinding Wheel
Others Market by Application
Metal
Stones
Steel
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Phenolic Resin Grinding Wheel market for the forecast period 2023 - 2030?
• What are the driving forces in the Phenolic Resin Grinding Wheel market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Phenolic Resin Grinding Wheel industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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