U.S. Abrasive Product Market. Analysis And Forecast to 2030
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View PricingU.S. Abrasives Market - Accelerating Consumption Growth Is Being Buoyed by Rising Imports From China
IndexBox has just published a new report: 'U.S. Abrasive Product Market. Analysis And Forecast to 2025'. Here is a summary of the report's key findings.
The revenue of abrasives market in the U.S. amounted to $X in 2018, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, abrasives consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014, with an increase of X% against the previous year. In that year, the abrasive product market reached its peak level of $X. From 2015 to 2018, the growth of the abrasive product market remained at a lower figure.
Abrasives Production in the U.S.
In value terms, abrasives production totaled $X in 2018. In general, abrasive product production continues to indicate a slight deduction. The growth pace was the most rapid in 2014, with an increase of X% y-o-y. In that year, abrasives production attained its peak level of $X. From 2015 to 2018, abrasives production growth remained at a lower figure.
Exports from the U.S.
In 2018, abrasives exports from the U.S. stood at X tons, reducing by -X% against the previous year. Overall, abrasives exports continue to indicate a deep contraction. In value terms, abrasives exports totaled $X (IndexBox estimates) in 2018.
Exports by Country
China (X tons), Austria (X tons) and Germany (X tons) were the main destinations of abrasives exports from the U.S., together accounting for X% of total exports.
From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Austria (+X% per year), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for abrasives exported from the U.S. were China ($X), Germany ($X) and Austria ($X), with a combined X% share of total exports.
Export Prices by Country
The average abrasives export price stood at $X per ton in 2018, surging by X% against the previous year. In general, the export price indicated a buoyant increase from 2013 to 2018: its price increased at an average annual rate of +X% over the last five year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Export price peaked in 2018, and is expected to retain its growth in the immediate term.
Export prices varied noticeably by the country of destination; the country with the highest export price was Japan ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.
From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to Japan, while the export prices for the other major destinations experienced more modest paces of growth.
Imports into the U.S.
Abrasives imports into the U.S. amounted to X tons in 2018, surging by X% against the previous year. In value terms, abrasives imports stood at $X (IndexBox estimates) in 2018.
Imports by Country
In 2018, China (X tons) constituted the largest abrasives supplier to the U.S., with a X% share of total imports. Moreover, abrasives imports from China exceeded the figures recorded by the second largest supplier, China, Hong Kong SAR (X tons), fivefold. India (X tons) ranked third in terms of total imports with a X% share.
From 2013 to 2018, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China, Hong Kong SAR (+X% per year) and India (-X% per year).
In value terms, China ($X) constituted the largest supplier of abrasives to the U.S., comprising X% of total abrasive product imports. The second position in the ranking was occupied by South Africa ($X), with a X% share of total imports. It was followed by Germany, with a X% share.
Import Prices by Country
In 2018, the average abrasives import price amounted to $X per ton, going up by X% against the previous year. Over the last five year period, it increased at an average annual rate of +X%. There were significant differences in the average import prices amongst the major supplying countries. In 2018, the country with the highest import price was South Africa ($X per ton), while the price for China, Hong Kong SAR ($X per ton) was amongst the lowest.
From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by South Africa, while the import prices for the other major suppliers experienced more modest paces of growth.
Companies Mentioned in the Report
Americo Manufacturing Co, Global Tungsten & Powders Corp., Abrasive Technology, Hec Investments, Carbo Ceramics, Diamond Innovations, Klingspor Abrasives, M. L. Smith, Jr., Magnum Oil Tools International, United Abrasives, Washington Mills Electro Minerals Corporation, Flexovit Usa, ACS Industries, Ervin Industries, Hermes Abrasives Ltd, A Limited Partnership, Aim Specialty Materials USA, V S M Abrasives Corporation, Uneeda Enterprizes Inc., Radiac Abrasives, Dimanco Inc., Fujimi Corporation, U.S. Minerals, Allison Abrasives Incorporated, Grier Abrasive Co., Washington Mills Tonawanda, The Jor-Mac Company , Schaffner Manufacturing Co , Basic Carbide Corporation, Saint-Gobain Abrasives, Ali Industries, Saint-Gobain Delaware Corporation, Washington Mills North Grafton, Severstal US Holdings II, US Test Company X, Washington Mills Group, Washington Mills Ceramic Corp
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This report provides an in-depth analysis of the abrasive product market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- NAICS 327910 - Abrasive product manufacturing
Companies mentioned:
- Americo Manufacturing Co
- Global Tungsten & Powders Corp.
- Abrasive Technology
- Hec Investments
- Carbo Ceramics
- Diamond Innovations
- Klingspor Abrasives
- M. L. Smith, Jr.
- Magnum Oil Tools International
- United Abrasives
- Washington Mills Electro Minerals Corporation
- Flexovit Usa
- ACS Industries
- Ervin Industries
- Hermes Abrasives Ltd
- A Limited Partnership
- Aim Specialty Materials USA
- V S M Abrasives Corporation
- Uneeda Enterprizes Inc.
- Radiac Abrasives
- Dimanco Inc.
- Fujimi Corporation
- U.S. Minerals
- Allison Abrasives Incorporated
- Grier Abrasive Co.
- Washington Mills Tonawanda
- The Jor-Mac Company
- Schaffner Manufacturing Co
- Basic Carbide Corporation
- Saint-Gobain Abrasives
- Ali Industries
- Saint-Gobain Delaware Corporation
- Washington Mills North Grafton
- Severstal US Holdings II
- US Test Company 369
- Washington Mills Group
- Washington Mills Ceramic Corp
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
