The report "Rubber Bonded Abrasives Market by Application (Heavy Industries, Transportation Components, Electrical & Electronic Equipment, Medical Equipment), and Region - Global Forecast to 2026", The rubber bonded abrasives market is projected to reach USD 1.47 Billion by 2026, at a CAGR of 3.1% from 2016 to 2026. The market is driven by increased demand for rubber bonded abrasives for auto ancillaries, aerospace, construction, cleaning & maintenance, medical, food packaging, and heavy industries.

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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
Challenges

Substitution from superior bonded abrasives
Key companies profiled in the rubber bonded abrasives market research report are 3M Company (U.S.), Tyrolit Group (Austria), PFERD INC (Germany), Y.IKEMURA Co. LTD. (Japan), Abrasivos Manhattan SA (Spain), PACER Industries Inc. (U.S.), Buffalo Abrasives Inc. (U.S.), Schwarzhaupt GmbH & co. (Germany), Saint Gobain (France), Cratex Manufacturing Co. (U.S.), Marrose Abrasives (U.K.), Atto Abrasive Ltd (Ireland), Lowton Abrasive Ltd (U.K.), Buehler (U.S.), and Artifex Dr Lohmann Gmbh & Co KG (Germany).

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Major Market Developments
In July 2016, Atto Abrasive launched the new Atto Alpha Superfinishing range. Which includes bonded mounted points, quick change disks, and polishing wheels. Its application include surface preparation, deburring, and polishing.
In July 2016, Atto Abrasive launched new range of Axiom range of polishing wheels for the saw blade industry. It is available in both rubber and cork bond also it is available in a number of grit types and grit sizes. It is used for polishing of saw blades.
In June 2016, Saint Gobain abrasive launched new line of centerless grinding wheels, these newly developed wheels reduce cycle time up to 50 percent improves stock removal up to 30 percent & increases wheel life.