Bumpy ride: Fluctuating exchange rates and volatile input costs have affected the industry

The Abrasive Product Manufacturing industry produces different abrasives (coated, bonded, grain and superabrasives) for a range of applications. Downstream construction and manufacturing activity significantly affect industry demand. The industry is fragmented into a few large companies and more small and medium-size businesses. The four largest players are: Saint-Gobain High Performance Materials UK Ltd, 3M United Kingdom plc, Washington Mills Electro Minerals Ltd, and Sia Abrasives, which collectively account for an estimated 44.9% of industry revenue.Over the five years through 2018-19, industry revenue is estimated to increase at a compound annual rate of 5%...read more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24

Industry Threats & Opportunities

  • Import competition and volatile input costs have constrained the industry’s expansion
  • Government defence spending contributed to increased sales of high-performance products
  • Continued investment in infrastructure is expected to contribute to industry growth
  • Industry Report - Industry Key Buyers Chapter

    The Abrasive Product Manufacturing industry exhibits a medium level of market share concentration, with the four largest firms estimated to account for 44.9% of industry revenue in 2018-19. The four largest players in the industry are all foreign-owned conglomerates: Saint-Gobain High Performance Materials, 3M United Kingdom, Washington Mills Electro Minerals, and Sia Abrasives.The nature of the industry allows small enterprises to target niche markets and compete with more established companies. However, volatile prices of raw materials and high import competition significantly affect smaller operators, as they are less able to invest in improving efficiency and reducing costs. The...purchase to read more.

    Additional Insights for the Abrasive Product Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Abrasive Product Manufacturing Industry are

  • Ability to provide goods/services in diverse locations
  • Effective quality control
  • Establishment of brand names
  • IBISWorld analysts also discuss how external factors such as Demand from motor vehicle manufacturing and Industrial production index in the Abrasive Product Manufacturing industry impact industry performance..

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    What's in this report

    What is the Abrasive Product Manufacturing Industry?

    Firms in this industry manufacture abrasive products such as sanding and grinding discs, coated sanding blocs and sandpaper.

    Industry Products
  • Abrasive grains
  • Bonded abrasives
  • Coated abrasives
  • Superabrasives
  • Industry Activities
  • Coated abrasives
  • Abrasive grains
  • Bonded abrasives
  • Superabrasives
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from motor vehicle manufacturing
  • Industrial production index
  • Total value of construction
  • Real effective exchange rate

  • Current Performance
  • Construction markets
  • Industrial output
  • International trade
  • Profit and market structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Smoothing out construction
  • Other industrial output
  • Concerns
  • Market structure
  • Table: Abrasive Product Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Abrasive Product Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Motor Vehicle Manufacturing
  • Aircraft, Engine & Parts Manufacturing
  • Commercial Building Construction
  • Construction Supplies Wholesaling

  • Key Selling Industries
  • Electricity Supply
  • Paper & Paperboard Manufacturing
  • Primary Form Plastics Manufacturing

  • Products & Services
  • Coated abrasives
  • Bonded abrasives
  • Abrasive grains
  • Superabrasives
  • Chart: Abrasive Product Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • General manufacturers
  • Construction sector
  • Motor vehicle manufacturers
  • Aerospace manufacturers
  • Retailers
  • Chart: Major Market Segmentation for the Abrasive Product Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesDepreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Abrasive Product Manufacturing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Abrasive Product Manufacturing Industry

  • Industry Globalization
    Saint-Gobain High Performance Materials UK Ltd, 3M United Kingdom plc, Washington Mills Electro Minerals Ltd, Sia Abrasives (GB) Ltd,
  • Table: Saint-Gobain High Performance Materials UK Ltd - financial performance
  • Table: 3M United Kingdom plc - financial performance
  • Table: Washington Mills Electro Minerals Ltd - financial performance
  • Table: Sia Abrasives (GB) Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Abrasive Product Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Abrasive Product Manufacturing Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • Removing unwanted edges or pieces of material from a workpiece.
  • Electroplated Products
  • Electroplated products consist of a single layer of diamond or cubic boron nitride (CBN) superabrasive particles that have been bonded to a metal surface in a nickel electroplated bath.
  • Grit
  • A dominant component to abrasive products. The small, coarse abrasive particles or granules, such as of sand.
  • Superabrasive
  • An abrasive that is manufactured using diamond or cubic boron nitride (CBN), and is used to machine a broad range of materials, especially those otherwise difficult to handle.
  • Vitrified
  • Glass-based; made via vitrification of clays and feldspar (rock).
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Abrasive Product Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Abrasive Product Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Abrasive Product Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Abrasive Product Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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