The Market Reports

Synopsis
The global market for Grinding Wheels was estimated to be worth US$ 6886 million in 2024 and is forecast to a readjusted size of US$ 9067 million by 2031 with a CAGR of 3.5% during the forecast period 2025-2031.
Grinding wheels are tools used for abrasive machining processes, primarily composed of hard abrasive particles, binders, and fillers. The primary function of a grinding wheel is to remove material from a workpiece by making contact with its surface at high speeds, achieving smooth, flat, or fine-tuned finishes. There are various types of grinding wheels, such as conventional wheels, ceramic wheels, diamond wheels, and resin wheels, each designed for specific applications. These wheels are extensively used in precision grinding and machining of materials such as metals, glass, ceramics, and stones. Due to their high efficiency, precision, and durability, grinding wheels have become an indispensable tool in modern industrial production.
The key drivers of the grinding wheel market include the continuous development of industrial automation, the growing demand for precision machining technologies, and the emergence of new materials, which are driving innovation and diversification in grinding wheel products. As global manufacturing shifts toward higher efficiency and lower-cost production, particularly in industries such as automotive, aerospace, and machining, the demand for grinding wheels is steadily increasing. Additionally, the widespread adoption of precision grinding techniques has expanded the application of grinding wheels in high-tech industries such as optoelectronics, medical devices, and semiconductors.
However, the grinding wheel market also faces several risks and challenges. Firstly, global economic uncertainty and trade tensions may affect production and supply chains, potentially impacting the stability of the grinding wheel market. Secondly, fluctuations in raw material prices, especially for high-end abrasives like diamond and cubic boron nitride, could affect production costs. The market concentration is relatively high, with a few major brands dominating, but competition is intensifying with the rise of smaller innovative companies.
The trend in downstream demand shows an increasing need for high-performance and environmentally friendly grinding wheels. With the growing emphasis on sustainability, there is a rising demand for low-emission, energy-efficient, and high-performance grinding wheel products. This has prompted companies to invest more in research and development to meet these market demands.
This report aims to provide a comprehensive presentation of the global market for Grinding Wheels, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Grinding Wheels by region & country, by Materials, and by Application.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Grinding Wheels cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
The Grinding Wheels market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Grinding Wheels.
Market Segmentation
By Company
Klingspor
3M
Mirka Abrasives
Noritake
Saint-Gobain
Kure Grinding Wheel
Camel Grinding Wheels
Tyrolit Group
SHIN-EI Grinding Wheels
DSA Products
Andre Abrasive
DK Holdings
ELKA-Elastic
Keihin Kogyosho Co., Ltd
Northern Grinding Wheels
Hebei Sanfeng Abrasives
Hindustan Abrasives
GRANIT Grinding Wheel Ltd
ATLANTIC GmbH
AWUKO Abrasives
Abrasivos Manhattan SA
Segment by Materials
Resinoid Bond
Vitrified Bond
Others
Segment by Application
Transport Industry
Bearing & Machinery
Construction
Steel Industry
Oil & Gas
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Grinding Wheels manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Materials, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Grinding Wheels in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Grinding Wheels in country level. It provides sigmate data by Materials, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index