Grinding Wheels - Bonded: Market Size & Forecast 2026

The global bonded grinding wheels market sits at approximately USD 4.4 billion in 2026, built on a USD 4.2 billion base year in 2025. We project the category to USD 5.8 billion by 2032 on a 4.8 percent CAGR [Claight estimate: segment-weighted average across aluminium oxide 42 percent, silicon carbide 25 percent, CBN 18 percent, and diamond 15 percent product shares]. The market is structurally tight: aluminum oxide abrasive grains, which account for roughly 45 percent of finished wheel cost, have traded at USD 2,150-2,850/MT across Asia and the United States in Q2 2026 [industry pricing reports], and Section 301 List 3 duties at 25 percent on Chinese-origin bonded abrasives stack with the Section 122 15 percent surcharge to create an effective 35 percent ad valorem barrier for the lowest-cost origin. > **Analyst Take.** The call is not whether aluminium oxide prices will re-rate again, b

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