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Abrasive Product Manufacturing in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Abrasive Product Manufacturing Market Research Report | SIC C23.910 | Mar 2016

Rough going: Difficult operating conditions have pushed the industry into decline

IBISWorld’s Abrasive Product Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Saint-Gobain Abrasives Limited Saint-Gobain Abrasives Limited market share
Sia Abrasives Holding AG Sia Abrasives Holding AG market share
Washington Mills Electro Minerals Limited Washington Mills Electro Minerals Limited market share
Industry Statistics & Market Size
Revenue
£143m
Annual Growth 11-16
-3.4%
Annual Growth 16-21
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Profit
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Employment
1,697
Businesses
70
Industry Analysis & Industry Trends

The Abrasive Product Manufacturing industry produces abrasives for a range of applications from sanding to sawing. Subdued economic conditions in the early part of the five-year period through 2015-16 negatively affected demand for industry products as downstream markets suffered. Stagnating building production activity in the construction and manufacturing sectors led to curtailed expenditure and demand from these downstream industries. As economic conditions improved, key downstream markets eventually strengthened, and robust demand from both manufacturing and construction sectors is expected to drive industry revenue growth in 2015-16. However, the industry remains dogged by fluctuating foreign exchange conditions, volatile input costs and import competition... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Abrasive Product Manufacturing industry is estimated to be in the decline phase of its life cycle. Key indicators of decline include its falling contribution to the economy, squeezed revenue and a dwindling number of industry enterprises. Industry value added, which measures its contribution to the wider economy, is expected to decline at an estimated compound annual rate of 1.6% over the 10 years through 2020-21. Over the same period the UK economy is expected to grow at a compound annual rate of 2.1%. This suggests the industry is shrinking as a proportion of the overall economy, marking decline.

The industry suffered under the strain of the economic downturn; however it was declining long before this. The.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Abrasive Product Manufacturing Industry?

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

Industry Products
Abrasive grainsBonded abrasivesCoated abrasivesSuperabrasives
 
Industry Activities
Coated abrasivesAbrasive grainsBonded abrasivesSuperabrasives


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