Latest Report Update: May 28, 2019

U.S. Abrasive Product Market. Analysis And Forecast to 2025

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U.S.: Abrasive Product Market Overview 2019

Abrasive Product Market Size in the U.S.

The revenue of the abrasive product market in the U.S. amounted to $X in 2018, picking up by X% against the previous year. Over the period under review, abrasive product 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.

Abrasive Product Production in the U.S.

In value terms, abrasive product 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, abrasive product production attained its peak level of $X. From 2015 to 2018, abrasive product production growth remained at a lower figure.

Abrasive Product Exports

Exports from the U.S.

In 2018, abrasive product exports from the U.S. stood at X tonnes, reducing by -X% against the previous year. Overall, abrasive product exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2017, when exports increased by X% y-o-y. Exports peaked at X tonnes in 2014; however, from 2015 to 2018, exports remained at a lower figure.

In value terms, abrasive product exports totaled $X in 2018. Overall, abrasive product exports continue to indicate a mild decline. The pace of growth appeared the most rapid in 2014, when exports increased by X% y-o-y. In that year, abrasive product exports attained their peak of $X. From 2015 to 2018, the growth of abrasive product exports remained at a somewhat lower figure.

Exports by Country

China (X tonnes), Austria (X tonnes) and Germany (X tonnes) were the main destinations of abrasive product 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 abrasive product exported from the U.S. were China ($X), Germany ($X) and Austria ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Austria (+X% per year) recorded the highest growth rate of exports, over the last five year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average abrasive product export price stood at $X per tonne in 2018, surging by X% against the previous year. In general, the export price indicated abuoyant 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. Based on 2018 figures, the abrasive product export price increased by +X% against 2015 indices. The growth pace was the most rapid in 2016, an increase of X% against the previous year. 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 ($X per tonne), while the average price for exports to Belgium ($X per tonne) 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.

Abrasive Product Imports

Imports into the U.S.

Abrasive product imports into the U.S. amounted to X tonnes in 2018, surging by X% against the previous year. Overall, abrasive product imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018, with an increase of X% against the previous year. Imports peaked at X tonnes in 2015; however, from 2016 to 2018, imports remained at a lower figure.

In value terms, abrasive product imports stood at $X in 2018. The total import value increased at an average annual rate of +X% over the period from 2013 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017, with an increase of X% y-o-y. Over the period under review, abrasive product imports attained their maximum in 2018, and are expected to retain its growth in the immediate term.

Imports by Country

In 2018, 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, China, Hong Kong SAR (X tonnes), fivefold. India (X tonnes) 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 ($X) constituted the largest supplier of abrasive product to the U.S., comprising X% of total abrasive product imports. The second position in the ranking was occupied by South Africa ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2013 to 2018, the average annual rate of growth in terms of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+X% per year) and Germany (-X% per year).

Import Prices by Country

In 2018, the average abrasive product import price amounted to $X per tonne, going up by X% against the previous year. Over the last five year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017, when the average import price increased by X% y-o-y. Over the period under review, the average import prices for abrasive products reached their peak figure in 2018, and is likely to see steady growth in the immediate term.

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 ($X per tonne), while the price for China, Hong Kong SAR ($X per tonne) 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.

Source: IndexBox AI Platform

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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2025
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 2013–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2018
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 2018
Table 2:
Market Volume, In Physical Terms, 2013–2018
Table 3:
Market Value, 2013–2018
Table 4:
Per Capita Consumption In 2013–2018
Table 5:
Imports, In Physical Terms, By Country, 2013–2018
Table 6:
Imports, In Value Terms, By Country, 2013–2018
Table 7:
Import Prices, By Country Of Origin, 2013–2018
Table 8:
Exports, In Physical Terms, By Country, 2013–2018
Table 9:
Exports, In Value Terms, By Country, 2013–2018
Table 10:
Export Prices, By Country Of Destination, 2013–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2018
Figure 2:
Market Value, 2013–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013–2018
Figure 5:
Trade Balance, In Physical Terms, 2013–2018
Figure 6:
Trade Balance, In Value Terms, 2013–2018
Figure 7:
Per Capita Consumption, 2013–2018
Figure 8:
Market Forecast To 2025
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, 2013–2018
Figure 21:
Production, In Value Terms, 2013–2018
Figure 22:
Imports, In Physical Terms, 2013–2018
Figure 23:
Imports, In Value Terms, 2013–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2013–2018
Figure 26:
Imports, In Value Terms, By Country, 2013–2018
Figure 27:
Import Prices, By Country Of Origin, 2013–2018
Figure 28:
Exports, In Physical Terms, 2013–2018
Figure 29:
Exports, In Value Terms, 2013–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2013–2018
Figure 32:
Exports, In Value Terms, By Country, 2013–2018
Figure 33:
Export Prices, By Country Of Destination, 2013–2018
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