Asia Pacific Market Statistics
Asia Pacific in non-woven abrasives market is set to dominate around 51.3% revenue share by the end of 2037. The rapid industrialization and investments in automotive, electronics, and construction industries with surface finishing requirements to improve product performance and aesthetics. The focus of the region on adopting advanced manufacturing technologies and a growing concern with efficiency and productivity is driving the requirement for non-woven abrasives. Asia Pacific, therefore, emerges as a crucial participant in the global scenario.
China remains a vividly growth-oriented market in non-woven abrasives, mainly on account of its manufacturing hub. Such an extensive base of industry creates a huge demand for top surface finishing solutions. A greater emphasis on product quality and efficiency along with innovations in manufacturing technologies, are the two factors that drive the adoption of the non-woven abrasives. Moreover, initiatives by the government to encourage innovation and sustainability focus on the development of advanced non-woven abrasive products, thus positioning China in a prominent position within the global market.
India is a rapidly evolving market driven predominantly by the increasing ambition of the manufactures to expand their operations and deliver the supreme materials. For Instance, in May 2023, Sak Abrasives announced the acquisition of Jowitt and Rodgers Co. The company produces resin-bonded grinding discs, wheels, automotive parts, cutlery, and bearings. This acquisition is anticipated to increase the market presence of the company in the U.S. brightening the prospect of India in the market.
North America Market Analysis
The non-woven abrasives market in North America is expected to be one of the emerging regions in the future, driven by the increasing demand for strong, durable products along with stringent governmental regulations involving manufacturing processes promote the necessity for reliable abrasive solutions. Moreover, an increased trend of automation in manufacturing operations further increases the need for non-woven abrasives, and that places North America in a very crucial position in global affairs.
The U.S., market exists under the auspices of an overwhelming demand from the advanced manufacturing sector primarily in aerospace, automotive, and metalworking industries. The emphasis on attaining good-quality surface finishes and high performance leads to the adoption of non-woven abrasives as their exceptional performance and versatility are at par with no other material. Moreover, environmentally friendly, recyclable abrasive materials are being adopted as a result of growing environmental concerns in the country.
In Canada, the non-woven abrasives market is primarily influenced by the expansion of the country's manufacturing sector. In addition, the approach toward sustainability and the eco-friendliness of the manufacturing processes is working for the implementation of non-woven abrasives and assisting Canada to be the emerging leader in the market. In addition, the ecosystem and regulatory environment supports the growth of Non-woven abrasives in the country.
Author Credits: Rajrani Baghel
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