Market Research Report: Metal Polishing Materials
Metal Abrasives Market
According to the latest report from Grand View Research, the global metal abrasives market size is projected to record a CAGR of 4.8% during the forecast period, reaching 8.76 billion USD by 2030. It is anticipated that demand will increase from 2022 to 2030 due to the mass production of cast and forged parts. Investments in industries such as forging, die casting, and investment casting are expected to benefit the demand for metal abrasives, such as steel shot and grit, used in surface treatment processes. For example, in April 2022, Indian forging manufacturer Goodluck India announced an investment of 25 million USD (2,000 crore Indian Rupees) to expand its production capacity and enhance capabilities over the next 2-3 years. According to reports, the company installed a new press for the forging unit at its Ghaziabad plant in 2021, which is expected to improve production volume and reduce manual labor.
- Company：グローバルインフォメーション
- Price：500,000 yen-1 million yen
