Abrasive Wheels Market Summary
The Global Abrasive Wheels Market is projected to grow from 41.05 USD Billion in 2024 to 65.86 USD Billion by 2035.
Key Market Trends & Highlights
Abrasive Wheels Key Trends and Highlights
- The market is expected to achieve a compound annual growth rate (CAGR) of 4.39 percent from 2025 to 2035.
- By 2035, the market valuation is anticipated to reach 65.9 USD Billion, indicating robust growth potential.
- in 2024, the market is valued at 41.05 USD Billion, reflecting a strong foundation for future expansion.
- Growing adoption of advanced manufacturing technologies due to increased demand for precision tools is a major market driver.
Market Size & Forecast
2024 Market Size | 41.05 (USD Billion) |
2035 Market Size | 65.86 (USD Billion) |
CAGR (2025-2035) | 4.39% |
Major Players
Saint-Gobain, 3M, Tyrolit, Carborundum Universal Ltd, Hitachi Ltd, Dronco Abrasives, KGS Diamond Products, SAM Abrasives, Norton Abrasives, Diamut Spa, Asahi Diamond Industrial, Hermes Schleifmittel, JSH Abrasives, RBG ITALIA