Latest Report Update: Nov 28, 2021

U.S. Abrasive Product Market. Analysis And Forecast to 2025
Update: COVID-19 Impact

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U.S.: Abrasive Product Market Overview 2021

Abrasive Product Market Size in the U.S.

The U.S. abrasive product market reduced to $X in 2020, dropping by -X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. from 2019 to 2020, the growth of the market remained at a somewhat lower figure.

Abrasive Product Production in the U.S.

In value terms, abrasive product production dropped modestly to $X in 2020. Overall, production recorded a slight contraction. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. As a result, production attained the peak level of $X. from 2015 to 2020, production growth remained at a somewhat lower figure.

Abrasive Product Exports

Exports from the U.S.

In 2020, exports of abrasive products from the U.S. dropped markedly to X tonnes, which is down by -X% against 2019. Over the period under review, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. As a result, exports reached the peak of X tonnes. from 2015 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, abrasive product exports fell markedly to $X in 2020. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. Exports peaked at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

Canada (X tonnes), Mexico (X tonnes) and Germany (X tonnes) were the main destinations of abrasive product exports from the U.S., with a combined X% share of total exports. These countries were followed by China, Taiwan (Chinese), the UK, Japan, Austria, Poland, Brazil and India, which together accounted for a further X 2013 to 2020, the biggest increases were in Taiwan (Chinese), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for abrasive product exported from the U.S. were Canada ($X), Mexico ($X) and Germany ($X), together comprising X% of total exports. These countries were followed by China, Taiwan (Chinese), Japan, Poland, India, the UK, Brazil and Austria, which together accounted for a further X (Chinese) recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average abrasive product export price amounted to $X per tonne, rising by X% against the previous year. Overall, the export price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2016 an increase of X% y-o-y. Over the period under review, average export prices attained the peak figure in 2020 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Germany ($X per tonne), while the average price for exports to Austria ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Mexico, while the prices for the other major destinations experienced more modest paces of growth.

Abrasive Product Imports

Imports into the U.S.

In 2020, overseas purchases of abrasive products decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a noticeable decrease. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at X tonnes in 2015; however, from 2016 to 2020, imports remained at a lower figure.

In value terms, abrasive product imports contracted remarkably to $X in 2020. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X tonnes) constituted the largest abrasive product supplier to the U.S., with a X% share of total imports. Moreover, abrasive product imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X tonnes), fourfold. Canada (X tonnes) ranked third in terms of total imports with a X% share.

From 2013 to 2020, the average annual growth rate of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+X% per year) and Canada (-X% per year).

In value terms, China ($X), Canada ($X) and Mexico ($X) appeared to be the largest abrasive product suppliers to the U.S., with a combined X% share of total imports. Germany, South Korea, Austria, South Africa, Turkey, India, Brazil, Thailand and Hong Kong SAR lagged somewhat behind, together accounting for a further X terms of the main suppliers, Hong Kong SAR (+X% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average abrasive product import price stood at $X per tonne in 2020, surging by X% against the previous year. In general, the import price showed notable growth. The growth pace was the most rapid in 2017 an increase of X% y-o-y. Over the period under review, average import prices attained the peak figure in 2020 and is expected to retain growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while the price for Hong Kong SAR ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of abrasive products to the U.S.?
+
In value terms, China ($203M), Canada ($181M) and Mexico ($151M) constituted the largest abrasive product suppliers to the U.S., with a combined 46% share of total imports. These countries were followed by Germany, South Korea, Austria, South Africa, Turkey, India, Brazil, Thailand and Hong Kong SAR, which together accounted for a further 27%.
What are the leading importers of abrasive products from the U.S.?
+
In value terms, Canada ($184M), Mexico ($180M) and Germany ($116M) appeared to be the largest markets for abrasive product exported from the U.S. worldwide, with a combined 55% share of total exports. China, Taiwan (Chinese), Japan, Poland, India, the UK, Brazil and Austria lagged somewhat behind, together comprising a further 26%.
What is the average export price for abrasive products in the U.S.?
+
The average abrasive product export price stood at $11,690 per tonne in 2020, with an increase of 29% against the previous year.
What is the average import price for abrasive products in the U.S.?
+
In 2020, the average abrasive product import price amounted to $2,913 per tonne, picking up by 8.4% against the previous year.

Product coverage:
• NAICS 327910 - Abrasive product manufacturing

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 2025.


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:
• USA

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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2013–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2013–2020
Table 3:
Market Value, 2013–2020
Table 4:
Per Capita Consumption In 2013–2020
Table 5:
Imports, In Physical Terms, By Country, 2013–2020
Table 6:
Imports, In Value Terms, By Country, 2013–2020
Table 7:
Import Prices, By Country Of Origin, 2013–2020
Table 8:
Exports, In Physical Terms, By Country, 2013–2020
Table 9:
Exports, In Value Terms, By Country, 2013–2020
Table 10:
Export Prices, By Country Of Destination, 2013–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2020
Figure 2:
Market Value, 2013–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013–2020
Figure 5:
Trade Balance, In Physical Terms, 2013–2020
Figure 6:
Trade Balance, In Value Terms, 2013–2020
Figure 7:
Per Capita Consumption, 2013–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2013–2020
Figure 21:
Production, In Value Terms, 2013–2020
Figure 22:
Imports, In Physical Terms, 2013–2020
Figure 23:
Imports, In Value Terms, 2013–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2013–2020
Figure 26:
Imports, In Value Terms, By Country, 2013–2020
Figure 27:
Import Prices, By Country Of Origin, 2013–2020
Figure 28:
Exports, In Physical Terms, 2013–2020
Figure 29:
Exports, In Value Terms, 2013–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2013–2020
Figure 32:
Exports, In Value Terms, By Country, 2013–2020
Figure 33:
Export Prices, By Country Of Destination, 2013–2020
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