Sanding Pads Market 2018
Sanding Pad Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2023. Sanding Pad Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2023
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
Global sanding pads market is projected to reach USD 2,764 million by 2023, with a CAGR of 4.19% from 2017 to 2023.
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.
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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.
Industry/ Innovation/ Related News:
February, 2013 – 3M continued its expansion of manufacturing capacity in key growth markets. The company also invests across 3M’s many businesses such as abrasives, industrial adhesives and tapes, advanced materials, electronics-related, infection prevention and other businesses.
November, 2012– 3M introduces 3M Trizact 5000 Sanding Discs and Hand Sheets. The 3M Trizact 5000 Sanding Discs and Hand Sheets are an innovation that changed the process for paint repair and gave painters better results and improve cycle time and customer satisfaction.
May, 2017 – Saint Gobain launched Cyclonic; for a range of sanding products under the Norton brand. It Includes sanding discs, pre-cut rolls and accessories for both hand and machine sanding.
August, 2013 – Saint-Gobain Abrasives has launched a new range of sandpaper under the Norton brand. The company offeres the highest quality abrasive types in a range of shapes, whole configurations and grit sizes for all sanding needs.
September, 2016 – Klindpor established of State of art diamond production facility at Ukraine. This extremely powerful plant is built alongside the already existing abrasive mop facility, to meet the growing demands of the abrasive market.
Sanding Pads Market – Segmentation
The Global Sanding Pads Market is segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Product : Comprises Disc, Wheels, Rolls, and Others.
Segmentation by Backing Material : Comprises Velcro / Hook and Loop, Pressure Sensitive Adhesive, and Others
Segmentation by End User : Comprises Automotive, Construction, Metal Fabrication and Others
Segmentation by Regions : Comprises Geographical regions – North America, Europe, APAC and Rest of the World.
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.
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