Rubber Bonded Abrasive Market 2019 By Regional Trend & Growth Forecast To 2025

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Rubber Bonded Abrasive Market Growth Outlook with
Industry Review and Forecast 2019-2025
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Global Market Scenario of Rubber Bonded Abrasive
Industry

• Rubber bonded abrasive market size from heavy
  industries should generate favorable growth. U.S.
  heavy engineering construction market size was
  USD 31 billion in 2015, register close to 6.
  Heavy industries comprise of mechanical,
  electrical and construction sector such as
  shipbuilding, industrial robotics, heavy
  machinery, heavy construction equipment,
  railways, and heavy electrical machineries.
• Global industrial rubber market size generated
  over USD 90 billion in 2015 and may surpass USD
  165 billion by 2024, with gains at over 7.
• It is widely used for cutting and grinding small
  tools floor polishing, precision grinding and
  fabrication applications, thereby increasing
  steel, metal, electrical electronics, medical,
  and transportation industries demand.
• Rubber bonded abrasives can be manufactured by
  using various other compounds including talc,
  gypsum, calcite, fluorite, apatite, quartz,
  topaz, corundum, aluminum oxide, silicon carbide,
  borazon and diamond.
• Rubber bonded abrasive market from medical
  devices may register significant gains over the
  forecast timeframe. Global medical devices market
  was valued at over USD 310 billion in 2015.

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• Regional Trends-
• Asia Pacific, driven by India, South Korea,
  Japan, and China rubber bonded abrasive market
  size, may grow significantly over the forecast
  timeframe. Asia Pacific natural rubber production
  was over 11 million tons in 2015. Increasing
  steel, metal, medical, transportation and
  electrical electronics industry should
  contribute towards regional market growth.
• North America, led by the U.S. rubber bonded
  abrasive market may witness significant gains by
  2024. Many manufacturing companies provide
  products which are used for polishing and
  architectural glass edges.
• Europe, driven by UK, France, Italy, and Germany
  rubber bonded abrasive market share, may account
  for significant gains by 2024. Most of the
  companies produces and provide products which are
  used in engineering, medical, and aerospace
  industries.

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Market Research Reports Key Analytical Components
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• Competitive Trends
• Global rubber bonded abrasive market share is
  fragmented. Key market players include Saint
  Gobain, Abrasivos Manhattan, PFERD, Schwarzhaupt,
  and Tyrolit Group. Other industrial participants
  include 3M Company, Pacer Industries, Buehler,
  and Crartex.

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