Saint-Gobain, 3M and CUMI are Dominating the U.S. Construction Abrasive in 2020

U.S. Construction Abrasive is expected to grow with the CAGR of 4.6% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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U.S. construction abrasive 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 U.S. construction abrasive are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.

For instance,

  • In August 2019, Weiler Abrasives have decided to launch the new website and display all the construction product. This development helps the company to reach every customer December 2020, RENOLIT SE was honoured with the tile "Leading Innovators in Facade System Design 2020" at "BUILD Construction and Engineering Awards 2020" and praised for its innovative products. The award helps the company to increase the sales which generates revenue of the company.

The major players covered in the report are Saint-Gobain, 3M, CUMI, Weiler Abrasives, metabo (As a Subsidiary of Kohlberg Kravis Roberts & Co. L.P.), SAK ABRASIVES LIMITED, Gemtex Abrasives, CS Unitec, Inc., Kowa abrasive K.k and United Abrasives among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

U.S. Construction Abrasive MarketSaint-Gobain

Saint-Gobain is headquartered in Courbevoie, France was founded in 1665 and as public ownership. The company is engaged in the production as well as distribution of wide range of materials and solutions that has wide range of infrastructural as well as industrial applications. The company have business segment which are High Performance Solutions, Northern Europe, Southern Europe - Middle East & Africa, Americas and Asia-Pacific under which High Performance Solutions is market focused segment. The company has product category which are Solutions Home, Residential Construction, Residential Renovation, Tertiary Buildings, Civil Engineering and Infrastructure, Automobile and Transportation, Aeronautical and Aerospace Industries, Security and Protection, Health and Biomedical, Industrial Equipment and Household Appliances out of which Industrial Equipment is market focused segment. The company has wide global presence in Northern Europe, Asia-Pacific, Americas, Southern Europe – Middle East. Company has subsidiaries which are Brødrene Dahl AS (Oslo-Bryn), Saint-Gobain India Pvt. Ltd. (India), Saint-Gobain Abrasives Australia Pty Ltd. (Australia), Les Menuiseries Francaises (France) among others. For instance,

  • In January 2018, Saint-Gobain had decided to connect with a large number of customers by becoming more social especially for Saint-Gobain Abrasives South-East Asia. The expansion helps in increasing the customer base of the company which leads to the sales of the business.

3M

3M is headquartered in Minnesota, U.S. and it was founded in year 1898 as public ownership. The company is engaged in manufacturing and operating in the field of industry, worker safety, health care and consumer goods. The company have business segment which are Safety and Industrial, Health Care, Transportation and Electronics and Consumer under which Safety and Industrial is market focused category. The company is engaged in the product category which are Automotive, Commercial Solutions, Communications, Consumer, Design & Construction, Electronics, Energy, Health Care, Manufacturing, Safety and Transportationunder which Design & Construction is market focused product category. The company has presence in a Asia-Pacific, Europe, Middle East and Africa and Americas. Company have subsidiaries which are 3M Japan Limited (Japan), 3M India Limited (India), 3M Canada Company (Canada), Meguiar's, Inc. (U.S.), Capital Safety (U.S.), Ceradyne, Inc (U.S.), 3M Unitek Corporation (U.S.) among others. For instance,

  • In September 2020, 3M have decided to take part in the IMTS 2020 and discus on robotic material removal and precision grinding and finishing. This development helps the company to increase revenue.

CUMI

CUMI headquartered in Chennai, India as public ownership and founded in 1954. The company is engaged in manufacturing of coated abrasives and bonded abrasives in India along with super refractories, electro minerals, industrial ceramics and ceramic fibres. The company have business segment which are Abrasives, Ceramics, Electrominerals, Power, IT Services under which Abrasives is our market focused segment. The company have wide product category Bonded Abrasives, Coated Abrasives, Cutting & Grinding Wheels and Non Woven Abrasives out of which our focused brand category is Bonded Abrasives, Coated Abrasives. The company has wide global presence across the Americas, Oceania, Asia, Africa, and Europe. Company have subsidiaries which are CUMI America Inc. (U.S.) CUMI Canada Inc. (Canada), Cumi International Limited (India), CUMI Middle East Fze (UAE), Net Access India Limited (India) among others. For instance,

  • In September 2016, CUMI had decided to set up the operation in the U.S. by the usage of various inorganic as well as organic modes to get entry in the country through which they are able to reach a wide range of customers. The expansion helps in increasing the sales of the company which leads to revenue generation.