The overall rubber bonded abrasive market is expected to grow from USD 1.09 million in 2016 to USD 1.47 million by 2026, at a CAGR of 3.1% from 2016 to 2021. Rubber bonded abrasives are bonded by specific types of rubber, which allows a soft treatment of the piece. The bonding makes the grain only touch the piece very lightly, paving way to a fine removal without hampering the actual metal. In addition, they are extremely flexible. These properties of rubber bonded abrasives lead to their demand from end-use industries which in turn, help in the growth of the market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=21093606

Market Dynamics
Drivers

Rising demand from the precious metal industry
Flexibility in operations with rubber bonded abrasives
Restraints

Pollution causing manufacturers to shift base
Machine parameter constraints
Opportunities

Increasing demand from high speed applications
Key Players -

Key players considered in the analysis of the rubber bonded abrasive market are 3M (US), Tyrolit Group (Austria), PFERD (Germany), Y. IKEMURA & Co. LTD. (Japan), Abrasivos Manhattan (Spain), Pacer Industries (US), Buffalo Abrasives (U.S.), Schwarzhaupt GmbH & co. Kg (Germany), Saint Gobain (France), Cratex manufacturing Company (UK), Marrose Abrasives (UK), Atto Abrasives (Ireland), Lowton Abrasive (UK), Buehler (UK), and Artifex Dr Lohmann Gmbh & Co KG (Germany).

Request Free Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=21093606

Rising demand for rubber bonded abrasives in the Asia-Pacific region is expected to drive the market during the forecast period

Asia-Pacific accounted for the largest share of the rubber bonded abrasives market in 2015 and is expected to grow at the highest rate from 2016 to 2026. China is currently the largest market in Asia-Pacific region for rubber bonded abrasives and is expected to lead the market during the forecast period. India is the fastest-growing market for rubber bonded abrasives. Increasing demand for rubber bonded abrasives from auto ancillaries, aerospace, metal, construction, cleaning & maintenance, medical, food packaging, and heavy industries for precision cutting and grinding of tools such as screwdrivers, plumbing tools, and other specialty tools is expected to drive the rubber bonded abrasives market in these countries.