According to the report, the global abrasive paper market was valued at $4,404.21 million in 2022, and is projected to reach $6,583.65 million by 2032, registering a CAGR of 4.32% from 2023 to 2032.   

Allied Market Research published a report, titled, "Abrasive Paper Market by Type (Dry Abrasive Paper, Sponge Abrasive Paper, Wet Abrasive Paper, Dust Free, Others),  Abrasive Grain (Aluminum Oxide, Silicon Carbide, Zirconia Alumina, Diamond, Others), and Application (Wood Processing, Automotive Polishing, Metal Polishing, Painting and Finishing, Electronic Product, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032".   

Access Full Summary Report: https://www.alliedmarketresearch.com/abrasive-paper-market-A62588   

Prime determinants of growth  

The global abrasive paper market is experiencing growth due to several factors such as surge in metal fabrication and metalworking industries, and expansion in automotive and aerospace sectors However, raw material price volatility in abrasive paper hinders the market growth to some extent. Moreover, the abrasive paper market is witnessing promising opportunities propelled by ongoing advancements in abrasive technology. These innovations represent a pivotal force that drive the market growth and offers enhanced performance, efficiency, and versatility in abrasive paper applications across various industries. In addition, the continuous evolution of abrasive materials and manufacturing processes contributes to the development of high-performance abrasive papers which meets the evolving needs of end-users.  

Leading Market Players:  

3M  

Bosch Limited  

Deerfos  

Hermes Schleifmittel GmbH  

Klingspor AG  

Mirka Ltd  

MISUMI Corporation  

Saint-Gobain  

sia Abrasives Industries AG  

VSM AG