The Market Reports

Synopsis
The global market for Phenolic Resin Grinding Wheel was estimated to be worth US$ 3519 million in 2024 and is forecast to a readjusted size of US$ 4035 million by 2031 with a CAGR of 2.0% during the forecast period 2025-2031.
Phenolic resin grinding wheels are abrasive tools made using phenolic resin as a binder. Known for their excellent heat resistance, wear resistance, and mechanical strength, phenolic resins are widely used to manufacture high-performance grinding wheels. These wheels are commonly used for machining materials such as metals, ceramics, glass, and wood, maintaining high stability and durability during high-speed grinding operations. Phenolic resin grinding wheels are available in various types, including flat wheels, cylindrical wheels, and internal grinding wheels, to cater to different machining needs. The binder composition ensures that these wheels possess excellent resistance to thermal expansion and aging, even during high-temperature, high-speed grinding.
The key drivers for the phenolic resin grinding wheel market include the growing demand from the manufacturing industry for efficient and high-performance grinding tools, particularly in sectors like automotive, aerospace, and precision machining. As precision machining technologies evolve and automation in production accelerates, the demand for phenolic resin grinding wheels continues to rise, especially in applications involving high-speed operations in high-temperature environments. Additionally, phenolic resin grinding wheels are known for their relatively better environmental performance compared to other types, with lower emissions and better sustainability, making them a significant driver for market growth.
However, the market also faces several risks. Firstly, fluctuations in the price of raw materials for phenolic resin production can lead to increased production costs. Secondly, while phenolic resin grinding wheels offer many advantages, they may sometimes be less durable or have slightly lower hardness compared to other types of wheels, which limits their use in some ultra-precision machining applications. In terms of market concentration, a few large companies dominate the market, but with technological advancements and the entry of new players, competition is gradually intensifying.
The downstream demand trend indicates an increasing need for high-performance, environmentally friendly, and customized grinding wheel products. As industries place more emphasis on efficient, low-emission tools, the demand for phenolic resin grinding wheels with better environmental features and higher machining precision continues to rise, driving technological innovations within the industry.
This report aims to provide a comprehensive presentation of the global market for Phenolic Resin Grinding Wheel, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Phenolic Resin Grinding Wheel by region & country, by Type, and by Application.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Phenolic Resin Grinding Wheel cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
The Phenolic Resin Grinding Wheel market size, estimations, and forecasts are provided in terms of sales volume (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 Phenolic Resin Grinding Wheel.
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 Type
Al2O3 Phenolic Resin Grinding Wheel
SiC Phenolic Resin Grinding Wheel
MBD and CBN Phenolic Resin Grinding Wheel
Others
Segment by Application
Metalworking and Fabrication
Tool Manufacturing
Construction and Heavy Machinery
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 Phenolic Resin Grinding Wheel 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 Type, 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 Phenolic Resin Grinding Wheel 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 Phenolic Resin Grinding Wheel in country level. It provides sigmate data by Type, 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