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Home » Chemicals and Materials » Super Abrasive Market Size, Share Report

Super Abrasive Market By Material Type (Diamond, Cubic Boron Nitride [CBN], Others [e.g., polycrystalline super abrasives]); By Product Type (Grinding Wheels, Cutting Tools, Lapping Compounds, Polishing Wheels, Others [e.g., honing stones, drilling bits]); By Application (Automotive, Aerospace, Electronics & Semiconductors, Medical Devices, Oil & Gas, Construction, Metalworking, Others [e.g., ceramics, mining]); By End-use Industry (Industrial Manufacturing, Healthcare, Consumer Goods, Energy & Power); By Geography, Segment revenue estimation, Forecast, 2024-2032.

Published On: SEP-2024   |   Base Year: 2022   |   No Of Pages: 150   |   Historical Data: 2017-2021   |   Formats: PDF   |   Report ID: 41387182

The super abrasive market was worth USD 6.5 billion in 2023 and will be worth USD 9.8 billion by 2030, growing at a CAGR of 6.1% during the forecast period.

 

The Super Abrasive market has been growing because of the need for more accurate products and advanced industry materials. According to the automotive industry, in 2023, the automobile manufacturing industry experienced a great growth period, up to 85 million units of automobile production per year, creating a great demand for super abrasives, especially for the grinding and cutting tools for automobile engines and precise auto parts. Products, including diamond and CBN super abrasives, are extremely durable and useful in applications requiring higher tolerance standards. One such advancement is the use of super abrasives in the semiconductor industry since the need for ultra-precision manufacturing can be seen due to the increased use of smaller and more intricate electronic devices. For instance, the electronics industry, where manufacturers are applying super abrasive grinding wheels on wafer dicing, is increasing the demand for super abrasives as grinding tools and high-tech tools.

 

One of the big opportunities that exist in the Super Abrasive market is in the growing semiconductor electronics industries, where accuracy and hardness are paramount. The semiconductor market is expected to increase by more than 8% per year globally and needs durable tools, such as super abrasive tools for slicing, grinding, and polishing wafers. For example, diamond-based super abrasives are increasingly used in manufacturing silicon wafers for microchips, as they offer superior cutting precision and longevity compared to conventional materials. A recent development includes super abrasives in producing 5G and AI components, increasing the demand for ultra-precision tools in these rapidly advancing industries.

 

super-abrasive-market-infographics

 

Market Segmentation

By Material Type:

  • Diamond

  • Cubic Boron Nitride (CBN)

  • Others (e.g., polycrystalline super abrasives)

 

By Product Type:

  • Grinding Wheels

  • Cutting Tools

  • Lapping Compounds

  • Polishing Wheels

  • Others (e.g., honing stones, drilling bits)

 

By Application:

  • Automotive

  • Aerospace

  • Electronics & Semiconductors

  • Medical Devices

  • Oil & Gas

  • Construction

  • Metalworking

  • Others (e.g., ceramics, mining)

 

By End-use Industry:

  • Industrial Manufacturing

  • Healthcare

  • Consumer Goods

  • Energy & Power

 

By Region

North America

  • US

  • Mexico

  • Canada

  • Rest of North America

 

Europe

  • Switzerland

  • Russia

  • France

  • Germany

  • U.K

  • Finland

  • Turkey

  • Netherlands

  • Belgium

  • Spain

  • Italy

  • Rest of Europe

 

Asia Pacific

  • India

  • China

  • South Korea

  • Japan

  • Singapore

  • Thailand

  • Indonesia

  • Malaysia

  • Philippines

  • Australia

  • Rest of Asia-Pacific

 

LAMEA

  • Brazil

  • Argentina

  • Uruguay

  • Saudi Arabia

  • Rest of LAMEA

 

Asia-Pacific is the largest revenue-generating region in the Super Abrasive market due to a robust industrial structure in automotive, electronics, and aerospace, among others. In 2023, Asia-Pacific dominated the largest global market share, especially in electronics manufacturing nations such as China, Japan, and South Korea, and automotive production. For example, China accounts for over 25 million vehicle production annually, implying a huge market for super abrasives used in precision machining and grinding. The development that has emerged recently is the application of super abrasives in semiconductors across Taiwan and South Korea, regions where electronics and the 5G technology continue to grow quickly. Large manufacturing investments in high-technology manufacturing and high-performance materials for industrial uses further support this region’s strength.

 

Key Players

  • 3M

  • Saint-Gobain

  • Asahi Diamond Industrial Co., Ltd.

  • Element Six

  • Tyrolit Schleifmittelwerke Swarovski K.G.

  • Henan Huanghe Whirlwind Co., Ltd.

  • Hyperion Materials & Technologies

  • Carborundum Universal Limited (CUMI)

  • Sandeep Engineers

  • Diacut Inc.

Frequently Asked Question About This Report

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Table of Contents

1.    SUPER ABRASIVE MARKET – PRODUCTION VOLUME BY REGION, (2024 – 2030)
1.1. North America
1.2. Europe
1.3. Asia Pacific
1.4. Latin America
1.5. Middle East & Africa
2.    SUPER ABRASIVE MARKET – REVENUE ($MILLION), BY REGION, (2024 – 2030)
2.1. North America
2.2. Europe
2.3. Asia Pacific
2.4. Latin America
2.5. Middle East & Africa
3.    MARKET SHARE ANALYSIS – SUPER ABRASIVE MARKET
3.1. Top 20 Players with Product Mix, Revenue, and Sales Volume
3.2. Market Share, 2023
3.3. Market By Material Type of Super Abrasive and End Use Outlook Analysis
4.    HISTORIC TRENDS IN SUPER ABRASIVE MARKET
5.    EMERGING MARKET TRENDS
6.    NORTH AMERICA SUPER ABRASIVE MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
6.1. North America Super Abrasive Historical Market ($MILLION), (2017 – 2023)
6.2. North America Super Abrasive Market ($MILLION) and Forecasts (2024 – 2030)
6.3. North America Super Abrasive Market Type ($MILLION), and Forecasts (2024 – 2030), By Material Type
6.3.1. Diamond
6.3.2. Cubic Boron Nitride (CBN)
6.3.3. Others (e.g., polycrystalline super abrasives)
6.4. North America Super Abrasive Market Type ($MILLION), and Forecasts (2024 – 2030), By Application
6.4.1. Automotive
6.4.2. Aerospace
6.4.3. Electronics & Semiconductors
6.4.4. Medical Devices
6.4.5. Oil & Gas
6.4.6. Construction
6.4.7. Metalworking
6.4.8. Others (e.g., ceramics, mining)
6.5. North America Super Abrasive Market Type ($MILLION), and Forecasts (2024 – 2030), By Product Type
6.5.1. Grinding Wheels
6.5.2. Cutting Tools
6.5.3. Lapping Compounds
6.5.4. Polishing Wheels
6.5.5. Others (e.g., honing stones, drilling bits)
6.6. North America Super Abrasive Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use Industry
6.6.1. Industrial Manufacturing
6.6.2. Healthcare
6.6.3. Consumer Goods
6.6.4. Energy & Power
6.7. North America Super Abrasive Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
6.7.1. USA
6.7.2. Canada
6.7.3. Rest of North America
7.    USA SUPER ABRASIVE MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
8.    EUROPE SUPER ABRASIVE MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
8.1. Europe Super Abrasive Historical Market ($MILLION), (2017 – 2023)
8.2. Europe Super Abrasive Market ($MILLION) and Forecasts (2024 – 2030)
8.3. Europe Super Abrasive Market Type ($MILLION), and Forecasts (2024 – 2030), By Material Type
8.4. Europe Super Abrasive Market Type ($MILLION), and Forecasts (2024 – 2030), By Application
8.5. Europe Super Abrasive Market Type ($MILLION), and Forecasts (2024 – 2030), By Product Type
8.6. Europe Super Abrasive Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use Industry
8.7. Europe Super Abrasive Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
8.7.1. Germany
8.7.2. France
8.7.3. UK
8.7.4. Italy
8.7.5. Spain
8.7.6. Rest of Europe
9.    APAC SUPER ABRASIVE MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
9.1. APAC Super Abrasive Historical Market ($MILLION), (2017 – 2023)
9.2. APAC Super Abrasive Market ($MILLION) and Forecasts (2024 – 2030)
9.3. APAC Super Abrasive Market Type ($MILLION), and Forecasts (2024 – 2030), By Material Type
9.4. APAC Super Abrasive Market Type ($MILLION), and Forecasts (2024 – 2030), By Application
9.5. APAC Super Abrasive Market Type ($MILLION), and Forecasts (2024 – 2030), By Product Type
9.6. APAC Super Abrasive Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use Industry
9.7. APAC Super Abrasive Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
9.7.1. China
9.7.2. Japan
9.7.3. South Korea
9.7.4. India
9.7.5. Australia
9.7.6. Rest of APAC
10.    LATIN AMERICA SUPER ABRASIVE MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
10.1. Latin America Super Abrasive Historical Market ($MILLION), (2017 – 2023)
10.2. Latin America Super Abrasive Market ($MILLION) and Forecasts (2024 – 2030)
10.3. Latin America Super Abrasive Market Type ($MILLION), and Forecasts (2024 – 2030), By Material Type
10.4. Latin America Super Abrasive Market Type ($MILLION), and Forecasts (2024 – 2030), By Application
10.5. Latin America Super Abrasive Market Type ($MILLION), and Forecasts (2024 – 2030), By Product Type
10.6. Latin America Super Abrasive Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use Industry
10.7. Latin America Super Abrasive Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
10.7.1. Brazil
10.7.2. Argentina
10.7.3. Rest of Latin America
11.    COMPANY PROFILES:
11.1. 3M
11.1.1. Company Overview  
11.1.2. Company Snapshot  
11.1.3. Operating business segments
11.1.4. Product offered and Revenue
11.1.5. Production & Sales
11.2. Saint-Gobain
11.3. Asahi Diamond Industrial Co., Ltd.
11.4. Element Six
11.5. Tyrolit Schleifmittelwerke Swarovski K.G.
11.6. Henan Huanghe Whirlwind Co., Ltd.
11.7. Hyperion Materials & Technologies
11.8. Carborundum Universal Limited (CUMI)
11.9. OTHER MARKET PLAYERS