North America Abrasives Market to 2032
Overview
The North America Abrasives Market is expected to reach a 13.66 USD Billion by 2032 and is projected to grow at a CAGR of 7.43% from 2025 to 2032.
Revenue, 2024 (USD Billion)
9.11
Forecast, 2032 (USD Billion)
13.66
CAGR, 2024 - 2032
7.43%
Report Coverage
North America
North America Abrasives Market 2018-2032 USD Billion
North America Abrasives Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 9.11 USD Billion
- Projected Market Size (2032): 13.66 USD Billion
- CAGR (2025-2032): 7.43%
Key Findings of North America Abrasives Market
- The North America Abrasives Market was valued at 9.11 USD Billion in 2024.
- The North America Abrasives Market is likely to grow at a CAGR of 7.43% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Synthetic in Raw Material Segment accounted for the largest share of the market with a revenue of 5.35 USD Billion
- The fastest growing segment Automotive in End-User Segment grew Fastest with a CAGR of 10.60% during the forecast period from 2024 to 2032.
North America Abrasives Market Scope
North America Abrasives Market Segmentation & Scope
End-User
- Others
- Oil and Gas
- Medical Devices
- Electrical and Electronics
- Aerospace and Defense
- Building and Construction
- Metal Fabrication
- Machinery
- Automotive
Raw Material
- Natural
- Synthetic
Product
- Others
- Cups
- Cylinder
- Disc
Form
- Powdered Form
- Block Form
Application
- Others
- Drilling
- Grinding
- Cutting
- Finishing
- Polishing
Type
- Others
- Super Abrasive
- Bonded Abrasive
- Coated Abrasive
North America Abrasives Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 9.11 USD Billion |
| Market Value in 2032 | 13.66 USD Billion |
| CAGR (2025-2032) | 7.43% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End-User,Raw Material,Product,Form,Application,Type |
Regional Insights:
-
Leading Market (2024-2032): North America, leading in terms of revenue 9.11 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 5,271.07 USD Million in 2024.
Segments and Scope
-
North America Abrasives Market to 2032, By End-User
- Automotive is the largest segment in North America Abrasives Market to 2032 with a revenue of 2.20 USD Billion in the year 2024.
- Automotive is the Fastest growing segment in North America Abrasives Market to 2032 with a Growth rate of 10.60 % in forecast period 2025-2032.
-
North America Abrasives Market to 2032, By Raw Material
- Synthetic is the largest segment in North America Abrasives Market to 2032 with a revenue of 5.35 USD Billion in the year 2024.
- Synthetic is the Fastest growing segment in North America Abrasives Market to 2032 with a Growth rate of 7.86 % in forecast period 2025-2032.
-
North America Abrasives Market to 2032, By Product
- Disc is the largest segment in North America Abrasives Market to 2032 with a revenue of 4.59 USD Billion in the year 2024.
- Disc is the Fastest growing segment in North America Abrasives Market to 2032 with a Growth rate of 8.11 % in forecast period 2025-2032.
-
North America Abrasives Market to 2032, By Form
- Block Form is the largest segment in North America Abrasives Market to 2032 with a revenue of 5.35 USD Billion in the year 2024.
- Block Form is the Fastest growing segment in North America Abrasives Market to 2032 with a Growth rate of 7.97 % in forecast period 2025-2032.
-
North America Abrasives Market to 2032, By Application
- Polishing is the largest segment in North America Abrasives Market to 2032 with a revenue of 4.41 USD Billion in the year 2024.
- Polishing is the Fastest growing segment in North America Abrasives Market to 2032 with a Growth rate of 8.12 % in forecast period 2025-2032.
-
North America Abrasives Market to 2032, By Type
- Coated Abrasive is the largest segment in North America Abrasives Market to 2032 with a revenue of 3.83 USD Billion in the year 2024.
- Coated Abrasive is the Fastest growing segment in North America Abrasives Market to 2032 with a Growth rate of 8.22 % in forecast period 2025-2032.
North America Abrasives Market Company Share Analysis
North America Abrasives Market Geographical Sales Distribution, 2018-2032 USD Billion
North America Abrasives Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The North America Abrasives Market is segmented based on Segmentation End-User,Raw Material,Product,Form,Application,Type.
North America Abrasives Market was valued at USD 9.11(Revenue in USD Billion) in 2021.
North America Abrasives Market is projected to grow at a CAGR of 7.43% during the forecast period of 2024 to 2032.
The Synthetic segment is expected to dominate the North America Abrasives Market, holding a largest market share of 5.35 USD Billion in 2024
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North America Abrasives Market Scope
North America Abrasives Market Segmentation & Scope
End-User
- Others
- Oil and Gas
- Medical Devices
- Electrical and Electronics
- Aerospace and Defense
- Building and Construction
- Metal Fabrication
- Machinery
- Automotive
Raw Material
- Natural
- Synthetic
Product
- Others
- Cups
- Cylinder
- Disc
Form
- Powdered Form
- Block Form
Application
- Others
- Drilling
- Grinding
- Cutting
- Finishing
- Polishing
Type
- Others
- Super Abrasive
- Bonded Abrasive
- Coated Abrasive
Frequently Asked Questions
The North America Abrasives Market is segmented based on Segmentation End-User,Raw Material,Product,Form,Application,Type.
North America Abrasives Market was valued at USD 9.11(Revenue in USD Billion) in 2021.
North America Abrasives Market is projected to grow at a CAGR of 7.43% during the forecast period of 2024 to 2032.
The estimated market value of the North America Abrasives Market for final year is USD 13.66 (USD Billion).
North America Abrasives Market Company Profiling
Frequently Asked Questions
The North America Abrasives Market is segmented based on Segmentation End-User,Raw Material,Product,Form,Application,Type.
North America Abrasives Market was valued at USD 9.11(Revenue in USD Billion) in 2021.
North America Abrasives Market is projected to grow at a CAGR of 7.43% during the forecast period of 2024 to 2032.
The estimated market value of the North America Abrasives Market for final year is USD 13.66 (USD Billion).
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