Manufacturing Components

Abrasives: Market Size, Growth & Forecast to 2030

The Abrasives market is valued at about $52.02 billion (2026) and is projected to grow at a 4.7% CAGR through 2030. The largest cost driver is Raw Materials (Synthetic Alumina, Silicon Carbide, Diamond) (45% of spend). Asia Pacific leads demand at 48%.

Market size
$52.0 bn (2026)
CAGR to 2030
+4.7%
Buyer power
Favours buyers
Tracked suppliers
45

Projected market growth to 2030

Market size index, 2026 = 100, at the 4.7% CAGR.

1261171091001002026104.72027109.62028114.82029120.22030125.82031

Cost structure

Raw Materials (Synthetic Alumina, Silicon Carbide, Diamond)
45%
Energy and Processing Utilities
25%
Logistics and Ocean Freight
15%
Labor and Manufacturing Overhead
15%

Regional demand split

Asia Pacific demand
48%
Europe demand
22%
North America demand
20%
Rest of world demand
10%

Key suppliers

Compagnie de Saint-Gobain S.A. (Saint-Gobain Abrasives / Norton)3M CompanyRobert Bosch GmbHCarborundum Universal Ltd. (CUMI)Fujimi IncorporatedHenkel AG & Co. KGaAAsahi Diamond Industrial Co., Ltd.TYROLIT Schleifmittelwerke Swarovski KG
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Claight market analysis of proprietary and public data. Full report: /category-intelligence/abrasives