Global Sanding Pads Market Research Report - Forecast to 2023
ID: MRFR/IA - E/2461-CRR | May, 2017 | Region: Global | 140 pages | Cooked Research Reports
Global Sanding Pads Market Information by Product (Disc, Wheels, Rolls, and Others), by Backing Material (Velcro / Hook and Loop, Pressure Sensitive Adhesive, and Others), by End-User (Automotive, Construction, Metal Fabrication and Others) and by Region - Forecast to 2023
Market Scenario
Sanding pads are coated abrasives that are used with sander power tool to smoothen surfaces. They are majorly used in industrial and commercial sanding applications. Different types of sanding pads are available for different surfaces. The growing construction industry across the globe, is the primary driving factor of the sanding pads market. Sanding pads are largely used in the construction industry for various applications such as smoothening a surface and scraping off layers of a surface, mainly during painting. Hence, the growth of construction industry across the globe has augmented the rise in global sanding pad market. However, stringent government regulations on the use of silica, is the factor that may hamper the growth of market.
Global sanding pads market is projected to reach USD 2,764 million by 2023, with a CAGR of 4.19% from 2017 to 2023.
Study Objectives of Global Sanding Pads Market
- To provide detailed analysis of the market structure along with forecast for the next five years of various segments and sub-segments of the global sanding pads market
- To provide insights about factors affecting the market growth
- To analyze the global sanding pads market based on various tools such as Price Analysis, Supply Chain Analysis, Porter’s Five Forces Analysis
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies, North America, Europe, APAC, & Rest of the World (ROW) and their countries
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market segmented, by type, by material, by applications, and by regions
- To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the sanding pads market
Segmentation
Regional Analysis of Global Sanding Pads Market
Asia-Pacific region dominates the global sanding pads market. It accounts for the largest share of 40% in the global sanding pads market in 2015. Rapid industrialization and urbanization, especially in India, China, and Japan are the key contributors of the market growth in the region. Asia-Pacific region is expected to grow at a CAGR of 3.82% during the forecast period. North America is expected to grow from a market size of USD 546.6 million in 2015 to USD 728 million by the end of 2023.
Key Players
The key players of global sanding pads market are Robert Bosch Tool Corporation (U.S.), 3M Company (U.S.), Saint-Gobain Abrasives (U.S.), SAIT Abrasivi S.p.A (Italy), Keystone Abrasives (U.S.), Klingspor AG (Germany), Mirka Ltd. (Finland), Abrasiflex Pty Ltd (Australia), Abcon industrial products Ltd (Ireland), Astro Pneumatic Tool Company (U.S.) and others.
Target Audience
- Manufacturing Organizations.
- Distributors & Suppliers
- Government as well as Independent Regulatory Authorities
- Research Institute / Education Institute
- Potential Investors
Product Analysis
- Product matrix which gives a detailed comparison of the market for different recycled product types
Additional Information
- Regulatory Landscape
- Pricing Analysis
- Macroeconomic Indicators
Geographic Analysis
- Geographical analysis across 15 countries
Company Information
- Profiling of 10 key market players
- In-depth analysis including SWOT analysis, and strategy information of related to report title
- Competitive landscape including emerging trends adopted by major companies
The report for Global Sanding Pads Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
