Phenolic Resin Grinding Wheel is the grinding wheel in which the phenolic resin is used as the Binding agent. Phenolic Resin Grinding wheel is the bond (Phenolic Resin) will be ordinary abrasive consolidation into a certain shape (most of the circular, the central through hole), and has a certain strength of the bonded abrasive. It is generally composed of abrasive, bonding agent and porosity, these three parts are often referred to as the three elements of the bonded abrasive tools.
Figure Phenolic Resin Grinding Wheel product picture
In 2015, global Phenolic Resin Grinding Wheel total production reached 901939 Ton. China, North American and Europe were the major production regions. As the markets for Phenolic Resin Grinding Wheel mature, Phenolic Resin Grinding Wheel industry revenue growth is declining from 9.88 percent year over year in 2012 to 1.83 percent in 2015. And due to the China market is mature and the government policy, China market’s production is declining slowly.
In consumption market China and North America are still the mainly consumption regions. For the developing country, China to grow at a fast pace annually and may become the largest region in the future in terms of Phenolic Resin Grinding Wheel consumption. The price of Phenolic Resin Grinding Wheel is still declining.
According to this Phenolic Resin Grinding Wheel market research, there is a slowly rise in production capacities worldwide, especially in India and the Southeast Asian, where small organizations are spearheading the efforts to install new production capacities.
Finally, we tend to believe that this industry is now close to mature, and the consumption increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in future too, as competition intensifies, prices gap between different brands will go on narrowing. Similarly, there will be fluctuation in gross margin.
The global Phenolic Resin Grinding Wheel market was 5270 million US$ in 2018 and is expected to 4930 million US$ by the end of 2025, growing at a CAGR of -0.8% between 2019 and 2025.
This report studies the Phenolic Resin Grinding Wheel market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Phenolic Resin Grinding Wheel in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Norton (Saint Gobain)
Camel grinding wheels discs and abrasives (US)
SHIN-EI Grinding Wheels (JP)
DSA Products (US)
DK Holdings (UK)
Thai GCI Resitop Co (TH)
By the product type, the market is primarily split into
Al2O3 Phenolic Resin Grinding Wheel
SiC Phenolic Resin Grinding Wheel
MBD & CBN Phenolic Resin Grinding Wheel
By the end users/application, this report covers the following segments
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Phenolic Resin Grinding Wheel market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Phenolic Resin Grinding Wheel market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Phenolic Resin Grinding Wheel manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Phenolic Resin Grinding Wheel with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Phenolic Resin Grinding Wheel submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Phenolic Resin Grinding Wheel are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Phenolic Resin Grinding Wheel market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Phenolic Resin Grinding Wheel market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.