Report Offers Analysis Of Abrasives Industry

The Abrasive Engineering Society has released the 6th edition of the 'Abrasives Industry in Europe and North America: A Market/Technology Report'. The 2009 update offers an analysis of the two largest markets for bonded abrasives (including superabrasives), coated abrasives, and loose abrasives (blasting media, etc) industry sectors. The 550-page publication provides the latest data on production, trade, and technologies for abrasive products and raw materials.

Details within the 300-plus tables, charts and graphs show a USD4.8bn (GBP2.9bn) business in the US, where coated and related products hold a share of USD2.1bn followed by bonded products (including superabrasives) at USD1.3bn. The sharp decline in markets in 2008 was replaced by a slow recovery beginning in the second half of 2009. An analysis of major end-use sectors shows the recovery will continue through 2012.

The total abrasives market in the European Union (EU) was valued at EUR3.4bn (GBP3bn) in 2008 and is expected to decline to EUR2.9bn by 2010 before entering positive but slow growth again. The European bonded abrasives market, excluding superabrasives, was valued at EUR850m in 2008 and is projected to continue shrinking until 2010, when positive growth will resume. The coated abrasives business in Europe, which was valued at EUR950m in 2008, is forecast to shrink to EUR836m by 2010 followed by growth around three per cent per year.

Superabrasives accounted for EUR1.3bn in 2008. The report includes details of production, markets, and trends for base materials such as silicon carbide, fused aluminium oxide, industrial diamond and CBN, which have a combined value of EUR220m, excluding single-point cutting tools and large stones. Manufacturers in the EU consumed around 400 million carats of diamond and CBN in 2008.

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