Market News
Polishing Cloth Market Recent Developments
New product launches
- In 2021, 3M,is a company of conglomerate operating in the fields of industry, worker safety, healthcare, and consumer goods, launched a new line of Trizact abrasives for metal finishing applications, which includes polishing cloths designed for use in the automotive, aerospace, and other industries
- In 2021, Mirka, a Finland-based company, launched a new line of microfiber polishing cloths with enhanced properties for efficient and effective surface preparation and finishing
- In 2021, Keystone Abrasives, a quality manufacturer of coated abrasive products, launched a new line of cotton polishing cloths designed for use in various industries including metalworking, automotive, and electronics
Acquisition and partnerships
- In April 2021, Mirka, a Finland-based company, announced the acquisition of the Italy-based polishing cloth manufacturer, Cafro S.p.A. The acquisition is aimed at expanding Mirka's product portfolio and strengthening its position in the polishing cloth market.
- In March 2021, 3M announced a partnership with BMW Group to develop and test new technologies for automotive painting and polishing applications including the use of innovative polishing cloths
- In February 2021, Saint-Gobain Abrasives announced a partnership with Norton Abrasives to expand their product offerings in the industrial abrasives market including polishing cloths and other surface preparation and finishing products