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The bonded abrasives market size is forecast to increase by USD 3.2 billion at a CAGR of 3.26% between 2023 and 2028. The market is experiencing significant growth due to the increasing demand for these materials in various industries, including automotive and metal fabrication. In the automotive sector, bonded abrasives are used extensively for cleaning, grinding, scouring, and abrading solid materials. In the metal fabrication industry, they are employed for impact and rubbing actions to shape and finish metals. The electrical & electronics industry also utilizes bonded abrasives for precise grinding applications. However, improper storage of bonded abrasives can lead to technical issues, such as premature wear and damage to the tools. This challenge is particularly relevant for resin grinding wheels and coated abrasives.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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