DuPont, 3M and Robert Bosch GmbH are Dominating in the Global Abrasives Market in 2020

Global Abrasives Market is expected to grow with the CAGR of 5.3% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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Global abrasives market is a highly consolidated market which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in global abrasives market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, in October 2020, 3M launched visual Attention Software Plugin at the Creativity Conference 2020. The software is designed with fingerprints. This will help rise in sales and revenue of 3M.

DuPont is the dominating player in the global abrasives market. The other key players existing in the abrasives market are Saint-Gobain, 3M, VSM AG, NORITAKE CO.,LIMITED, NIPPON RESIBON CORPORATION, Robert Bosch GmbH, DRONCO, Asahi Diamond Industrial Co.,Ltd., Fujimi Incorporated, WASHINGTON MILLS, Domill Abrasives, GMA Garnet Pty Ltd, WINOA GROUP, Asia Abrasives Industries AG, Sankyo-Rikagaku Co., Ltd., Mirka Ltd., Henkel AG & Co. KGaA, SAIT ABRASIVI S.p.A. and Radiac Abrasive among others.

Abrasives MarketDuPont:

DuPont is headquartered in Delaware, U.S. and was founded in 1802. The company is engaged in the manufacturing of innovative business solutions serving many industries helping in the betterment of the world. The company deals in multiple business segments such as electronics & imaging, nutrition & biosciences, transportation & industrial, safety & construction and non–core among which electronics & imaging is the market focused segment. The company offers various products under categories such as adhesives, advanced printing solutions, animal nutrition, biomaterials, clean technologies, construction materials, consumer products, dietary supplements, electronic solutions, fabrics, fibers & nonwovens, food & beverage ingredients, home garden & car care, industrial enzymes & bioactives, industrial films, medical devices & materials, microbial control solutions, packaging materials & solutions, pharmaceutical ingredients, personal care ingredients, personal protective equipment, resins, solar / photovoltaic solutions and water solutions among which electronic solutions is the market focused category.  

For instance,

  • In July 2020, Electronics and Imaging business segment of DuPont has received a supplier excellence award. The award has been received by Nanya Technology Corporation which is a solution provider of dynamic random access memory (DRAM) solution situated in Taiwan. This will help in rise in goodwill and value of sales and revenue of DuPont.

The company has wide global presence across the globe in Asia-Pacific, Europe, North America, South America and Middle East and Africa generating revenue through various subsidiaries such as Danisco (Denmark), DuPont (U.K.) Ltd. (U.K.), Solae LLC (U.S.), DuPont Danisco (U.S.), DuPont Sustainable Solutions (U.S.), DuPont (Australia) Ltd (Australia), Specialty Products G.K. (Japan), Finnfeeds Finland Oy (Finland) and others. 

3M:

3M is headquartered in Minnesota, U.S. and was founded in 1902. The company is engaged in manufacturing of technical and innovative products that can improve the life of the customers. The company deals in multiple business segments such as safety and industrial, transportation and electronics, health care and consumer among which safety and industrial is the market focused segment. The company offers various products under categories such as abrasives, adhesives & tapes, advanced materials, aerospace & aircraft maintenance, animal & pet care, architecture & construction, automotive, car & boat care, chemicals, decorating, organizing & crafts, dental, electronics materials, facility & site safety, facility cleaning & maintenance, films, filtration, food safety & microbiology, food service & hospitality, hand hygiene, home care & cleaning, home improvement, home office & school supplies, medical tapes, orthodontic, painting equipment & supplies, patient monitoring, personal health care, personal protective equipment, power storage and conversion, signs & displays, skin & wound care, sports & recreation, sterilization monitoring, surgical solutions, traffic & vehicle safety and wire & cable among which abrasives is the market focused category.   

For instance,

  • In November 2020, 3M announced partnership with Safran Cabin for the designing of interior of the aircraft. The designing was done considering the safety and connectivity of the flyers. This will help in expansion of the business with rise in sales and revenue of 3M.

The company has wide global presence in Asia-Pacific, Europe, Americas, Middle East and Africa and Asia-Pacific generating revenue through various subsidiaries such as 3M Japan Ltd (Japan), Kinetic Concepts (U.S.), 3M Thailand ltd (Thailand), 3M Scott Fire and Safety (U.S.), 3M Nederland B.V. (Netherlands), Ceradyne (U.S.), CUNO Inc (U.S.), 3M Taiwan ltd (Taiwan) and others.

Robert Bosch GmbH:

Robert Bosch GmbH is headquartered in Stuttgart, Germany and was founded in 1886. The company is engaged in manufacturing precision mechanics and electrical engineering with different innovative strength and social commitment. The company deals in multiple business segments such as mobility solutions, industrial technology, consumer goods and energy and building technology among which energy and building technology is the market focused segment. The company offers various products under categories such as saw blades & hole cutters, chisels, router bits &  planer knives, abrasives, screwdriver bits & nutsetters & sockets, cutting discs, grinding discs, wire brushes, diamond accessories, drill bits, accessories for multi- cutters, sets and machine accessories among which abrasives is the market focused category.   

For instance,

  • In September 2020, Robert Bosch GmbH has launched Electromobility to reduce the amount of CO2 released. Robert Bosch GmbH has launched power hydrogen which is based on renewable energy enabling climate-neutral transportation of goods and commodities. This will increase the sales and revenue of Robert Bosch GmbH.

The company has wide global presence in Europe, Americas, Asia, Middle East and Africa, Australia and Oceania generating revenue through various subsidiaries such as BSH Hausgeräte GmbH (Germany), Bosch Power Tools B.V. (U.S.), Bosch Rexroth AG (Germany), Bosch Thermotechnik GmbH (Germany), Bosch Security Systems, LLC (U.S.), Bosch Fren Sistemleri Sanayi ve Ticaret AS (Turkey), Bosch Engineering GmbH (Germany) and many others.