ABRASIVES MARKET ANALYSIS

Name: Abrasives Market News
Creator: Coherent Market Insights
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Abrasives Market, by Material Type (Natural and Synthetic), by Product Type (Bonded, Coated and Super Abrasives), by End-use Industry (Automotive, Machinery, Metal Fabrication, Construction, Electronic and Electrical Equipment, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

Key Developments:

In December 2017, Saint-Gobain Abrasives, global leader in manufacturing abrasives, launched a new product named Ultra-Thin Grinding Wheel. The Ultra-thin grinding wheels will extend the company’s high performance grinding range, of ceramic abrasives which are long-lasting and delivers high material removal rates.
In June 2017, Saint-Gobain Abrasives signed a contract with Darex to supply small specialty abrasives belt. Darex is a manufacturer of custom tool sharpening machines, headquartered in Ashland, Oregon, United States.
Various companies are focusing on adopting strategies such as partnership and collaborations in order to increase their presence in the global market. For instance, in February 2016, Saint-Gobain Abrasives had partnered with Detroit Speed to supply their Norton brand abrasives for refinishing applications in Detroit Speed. Detroit Speed is a high-quality automotive components and systems manufacturer. Moreover, Detroit Speed had also agreed to promote, display, and sell Saint-Gobain Norton brand of products at all the shows and events.
In November 2016, Robert Bosch GmbH, a Germany based multinational engineering and technology company, had launched a new product under their abrasives range of products. The new M480 net sanding sheet was an open net which enabled dust extraction across the surface owing to its open net structure.