MRO Components, Consumables & Tooling · Indirect
Monitoring · monthlyProcurement Category Intelligence
Industrial Abrasives - Coated
Overview
Market size
$9,200
global, USD
CAGR
5.2%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
8
tracked players
Signals
12
6 high severity
Market outlook
2031$11854
What changed
Demand by region
Asia Pacific demand42%
North America demand26%
Europe demand22%
Latin America demand6%
Rest of world demand4%
share of global demandtotal 100%
Cost drivers
Raw Materials (Abrasive Grains, Resins, Backing)45%
Energy and Manufacturing Conversion25%
Logistics and Freight15%
Labor10%
Overhead and Packaging5%
share of delivered cost (analyst estimate)