Global and China Superabrasive Market Insights, Forecast to 2027

Superabrasives relates to grinding polishing or dressing tools manufactured using diamond or CBN as the abrasive. Due to their complementarity in the processing materials, diamond and CBN abrasives greatly expand the range of abrasive tools that can be used to cover almost all processed materials including high hardness, high brittle, high toughness materials.
Global Superabrasive key players include Sandvik, Zhongnan Diamond, Huanghe Whirlwind, etc. Global top three manufacturers hold a share over 55%.
Asia-Pacific is the largest market, with a share over 45%, followed by North America and Europe, both have a share over 40 percent.
In terms of product, Diamond is the largest segment, with a share about 80%. And in terms of application, the largest application is Automotive, followed by Machinery.

Market Analysis and Insights: Global and China Superabrasive Market
This report focuses on global and China Superabrasive market.
In 2020, the global Superabrasive market size was US$ 1298 million and it is expected to reach US$ 1650.9 million by the end of 2027, with a CAGR of 3.5% during 2021-2027. In China the Superabrasive market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Superabrasive Scope and Market Size
Superabrasive market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Superabrasive market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Superabrasive market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
Diamond
Cubic Boron Nitride (CBN)
Others

Segment by Application
Automotive
Machinery
Metal Fabrication
Aerospace
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Element Six
Sandvik
ILJIN Diamond
Zhongnan Diamond
Huanghe Whirlwind
Sino-Crystal Diamond
JINQU Superhard
CR GEMS
Anhui HongJing
Yalong Superhard Materials
Saint-Gobain
Sumitomo Electric Industries
Tomei Diamond
FUNIK
Famous Diamond
Besco Superabrasives