Super Abrasives Market Statistics, Segmentation, Key Regions and Forecasts 2027
Market Highlights: Global super abrasives market is estimated to reach USD 14,681.1 million by the end of the year 2023 on account of increasing production and sale of automotive across the globe. Moreover, the extensive use of super abrasives in high-tech electronic devices coupled with the changing lifestyle has augmented the product demand. Segment Analysis: The Super Abrasives Market is segmented on the basis of product type, application, and region. Based on the product type, the market is segmented into vitrified diamond, vitrified CBN, resin bond diamond, resin bond CBN, metal/ hybrid bond CBN, metal/ hybrid bond diamond, electroplated diamond, electroplated CBN, rotary dressers, and stationary dressers. The vitrified diamond by product type accounted for 16.00% market share in overall sales revenue in 2016. The demand for vitrified diamond is increasing due to its superior edge quality and thermal stability over conventional abrasives. The global super abrasives ma