Rubber Bonded Abrasive Market Size to Grow by 5.1% Y-O-Y in 2023, Vendor Assessment by 2033
Research Viewpoint on Rubber Bonded Abrasive Market Outlook: The global rubber bonded abrasive market size is estimated to reach USD 3.6 billion by 2026, expanding at a CAGR of 5% over the forecast period. The market is driven by the growing demand from metalworking and automotive industries. Increasing industrialization across major economies has led to an increase in demand for rubber bonded abrasives in various applications such as grinding, cutting, and polishing. In terms of volume, Europe holds a dominant share in the global rubber bonded abrasives market due to strong presence of manufacturing industries such as automotive and aerospace…
- Date: January 4, 2023
- Author: Thomas Bretz
- Category: Taiwan News