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Paper-Backing Abrasive Adhesive Discs Market Size (2024 - 2029)

The market size for paper-backing abrasive adhesive discs is anticipated to experience modest growth over the forecast period, driven primarily by the rising demand in the furniture industry. The expanding infrastructure sector presents potential opportunities for further market expansion. The Asia-Pacific region leads in market consumption, with significant activity in countries like China and India.

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Market Size of Paper-Backing Abrasive Adhesive Discs Industry

Paper-Backing Abrasive Adhesive Discs Market - Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR < 4.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

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*Disclaimer: Major Players sorted in no particular order

Paper Backing Abrasive Adhesive Discs Market Analysis

The market paper-backing abrasive adhesive discs is expected to grow at a CAGR of less than 4% during the forecast period. Major factors driving the market studied is increasing demand for furniture

  • Growing infrastructure sector is expected to act as an opportunity
  • Asia-Pacific dominated the market across the globe with the largest consumption in country such as China, India, etc.

Paper Backing Abrasive Adhesive Discs Industry Segmentation

The paper-backing abrasive adhesive discs market report includes:

Abrasive Grain
Aluminum Oxide
Silicon Carbide
Zirconium
Ceramic
Applicable Surface Type
Wood
Metal
Composite
Glass
Other Applicable Surface Types
End-use Application
Metal Working
Wood Working
Glass Working
Other End-use Applications
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Paper-Backing Abrasive Adhesive Discs Market Size Summary

The paper-backing abrasive adhesive discs market is poised for moderate growth, driven primarily by the increasing demand for furniture and the expanding infrastructure sector. This growth is supported by the robust development of the global metalworking industry, which benefits from a rising global population with enhanced purchasing power. The demand for improved infrastructure, both residential and commercial, is expected to boost the use of abrasive discs in various applications, including automotive weld shops, machine shops, and paint shops. These discs are essential for surface finishing and shaping, contributing to the overall demand in the market.

Asia-Pacific is anticipated to experience significant growth in the paper-backing abrasive adhesive discs market, fueled by the thriving automotive and infrastructure industries in the region. Countries like China, India, and Japan are emerging as key manufacturing hubs due to their cost-effective raw materials and labor. The region's high investments in construction and urbanization, coupled with increasing purchasing power, are likely to drive the demand for these discs. The market is characterized by its fragmented nature, with major players such as 3M, Saint-Gobain, and Mirka Ltd. playing pivotal roles in shaping its landscape.

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Paper-Backing Abrasive Adhesive Discs Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Demand for Furniture

      2. 1.1.2 Other Drivers

    2. 1.2 Restraints

    3. 1.3 Industry Value-Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Abrasive Grain

      1. 2.1.1 Aluminum Oxide

      2. 2.1.2 Silicon Carbide

      3. 2.1.3 Zirconium

      4. 2.1.4 Ceramic

    2. 2.2 Applicable Surface Type

      1. 2.2.1 Wood

      2. 2.2.2 Metal

      3. 2.2.3 Composite

      4. 2.2.4 Glass

      5. 2.2.5 Other Applicable Surface Types

    3. 2.3 End-use Application

      1. 2.3.1 Metal Working

      2. 2.3.2 Wood Working

      3. 2.3.3 Glass Working

      4. 2.3.4 Other End-use Applications

    4. 2.4 Geography

      1. 2.4.1 Asia-Pacific

        1. 2.4.1.1 China

        2. 2.4.1.2 India

        3. 2.4.1.3 Japan

        4. 2.4.1.4 South Korea

        5. 2.4.1.5 Rest of Asia-Pacific

      2. 2.4.2 North America

        1. 2.4.2.1 United States

        2. 2.4.2.2 Canada

        3. 2.4.2.3 Mexico

      3. 2.4.3 Europe

        1. 2.4.3.1 Germany

        2. 2.4.3.2 United Kingdom

        3. 2.4.3.3 Italy

        4. 2.4.3.4 France

        5. 2.4.3.5 Rest of Europe

      4. 2.4.4 South America

        1. 2.4.4.1 Brazil

        2. 2.4.4.2 Argentina

        3. 2.4.4.3 Rest of South America

      5. 2.4.5 Middle-East and Africa

        1. 2.4.5.1 Saudi Arabia

        2. 2.4.5.2 South Africa

        3. 2.4.5.3 Rest of Middle-East and Africa

Paper-Backing Abrasive Adhesive Discs Market Size FAQs

The Paper-Backing Abrasive Adhesive Discs Market is projected to register a CAGR of less than 4% during the forecast period (2024-2029)

3M, sia Abrasives Industries AG, Saint-Gobain, Sunmight USA Corporation and Mirka Ltd are the major companies operating in the Paper-Backing Abrasive Adhesive Discs Market.

Paper-Backing Abrasive Adhesive Discs Report Snapshots

Paper-Backing Abrasive Adhesive Discs Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)