Sand paper is commonly used in wooden and furnishing industry to smoothen and even out surfaces. Growing inclination toward modern furniture has augmented the use of sand papers. Apart from that, other industries such as alloy metal industry uses it to clean the dust and smoothening color coats and surfaces.
The global sand paper market was worth US$1450 mn in 2018 and the report suggests that it will reach US$1660 mn by 2025, registering a steady CAGR of 1.9% during the period of 2018 to 2025. QY Research discusses the future of the market in its latest report, titled “Global Sand Paper Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application.”
Global Sand Paper Market: Drivers
The sand paper has a wide scope in various industries and sectors. However, the wooden furnishing industry has the primary driver of the global sand paper market. The works of clay and plaster of Paris also need the help of sand paper. Cleaning dirt, iron layers, and other metal surface require sand papers for better cleaning. The coated sandpaper is used for finishing and grinding applications in the transportation sector as well. The automobile industry requires the usage of sandpaper in sizing engine parts, cleaning and deburring. These usages are creating a growing market for global sand paper.
Global Sand Paper Market: Segment Analysis
The global sand paper market is segmented by type and application. In terms of type, the global sand paper market is segmented into silicon carbide (SiC)-SP, zirconia alumina-SP, aluminium oxide-SP, and ceramic aluminium oxide-SP. In terms of applications, the global sand paper market is segmented into wood, varnishing, metal, and others.
Global Sand Paper Market: Regional Analysis
On the basis of region, the global sand paper market is segmented into Latin America, North America, Asia Pacific, Europe, and the Middle East and Africa. Asia Pacific is the major region in the global sand paper market due to availability of cheap labor and persistent demand for wooden furniture. As the sandpaper market supporting different sectors in different regions including international, regional, and local vendors, thus the global sand paper market is well scattered all over the regions, globally.
Global Sand Paper Market: The Key Players
The key players studied in the global sand paper market are Klingspor, Saint-Gobain, 3M, Hermes, Mirka, Ekamant, SIA, Gator, Nihon Kenshi, Deerfos, Sankyo-Rikagaku, Carborundum Universal, Keystone, Kovax, Uneeda, Tun Jinn, Awuko, Malani, TOA-Sankyo, Dongguan Golden Sun, Taiyo Kenmazai, Fengmang Group, Luxin High-tech, Changzhou Kingcattle, Hubei Yuli, Guangdong Little Sun, Hubei Baota, Shandong Boss Abrasive, Dongguan Jinyang, Guangdong Shunhui, and Lifeng Sand Paper.
These companies are taking care of the global demand for the sand paper market. Though the market has a slow growth, it is growing in a steady manner. The upsurge in transport and industrial sector helping the market to reach a stable platform.
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