New York, United States, July 27, 2024 (GLOBE NEWSWIRE) — The global abrasive blasting media market size is expected to grow from US$ 7.64 billion in 2023 to US$ 16.71 billion in 2033, registering a compound annual growth rate (CAGR) of 8.14% during the forecast period.
Sandblasting, often referred to as grit blasting, is the process of projecting abrasive materials onto a surface to remove contaminants, paint, coatings, and other substances. It is also used to prepare surfaces for powder coating, etch surfaces, and create creative designs or graphics for specific projects. The sandblasting market is growing rapidly as automation technologies are widely used in various industries. Advanced technologies that are driving the market expansion include automatic data collection and recovery, automatic sandblasting control, and robotic sandblasting. Key features such as automatic data collection, computerized media flow control, automatic recovery, and automatic blast control have expanded the use of sandblasting equipment and increased the demand for abrasives. Due to the strict quality and precision standards in the aerospace and military industries, sandblasting materials are in high demand for critical surface preparation and component finishing. Another driving factor is that sandblasting is environmentally friendly and non-toxic. People can quickly dispose of waste with minimal harm to local ecosystems. In addition, the use of abrasives, especially traditional materials such as silica sand, has created health and safety concerns due to the risk of silicosis and other respiratory diseases, leading to tighter restrictions on sandblasting and a move to safer alternatives.
The alumina segment is expected to hold the largest market share in the sandblasting media market during the forecast period.
Based on product, the sandblasting media market is segmented into alumina, silicon carbide, steel grit, steel shot, glass beads, and others. Among them, alumina is expected to hold the largest share of the sandblasting media market during the forecast period. Alumina’s flexibility and efficiency have cemented its leadership in the industry by catering to the diverse needs of a wide range of industries. Its exceptional qualities, including high hardness and wear resistance, make it suitable for a wide range of applications, including cleaning, deburring, and surface preparation.
The metalworking segment is expected to grow at the highest CAGR in the sandblasting materials market during the forecast period.
Based on end-use, the abrasive blasting media market is segmented into automotive, marine, aerospace, construction, metalworking and others. Among them, the metalworking segment is expected to grow at the highest CAGR in the abrasive blasting media market during the forecast period. Abrasive blasting is required for procedures such as cleaning, deburring and precise surface preparation of metal parts. The company’s ability to perform these key roles strengthens its position as a market hub catering to the broad and complex needs of metalworking operations.
The Asia Pacific region is expected to hold the largest share in the abrasive blasting media market during the forecast period. This dominance is mainly attributed to the widespread application of abrasive blasting media in various applications. Notably, key industries such as automotive, infrastructure, construction, and aerospace are driving the demand for abrasive blasting media in the region. The huge presence of the Chinese market is a significant factor in the region’s dominance, contributing significantly to both global production and total revenue. The region has tremendous growth potential owing to rising industrialization, infrastructure development, and greater focus on surface treatment in the manufacturing industry.
The North America abrasive blasting media market is expected to grow at the fastest rate during the forecast period. The North American market has a clear preference for portable blasting equipment, with demand growth primarily coming from the home appliances and automotive industries. Mature markets such as Europe and North America are generating more revenue than emerging markets. This is partly due to rising production costs in these regions, which account for the majority of the global abrasive blasting media market revenue.
The report provides a proper analysis of the key organizations/companies participating in the global market and provides a comparative assessment based on their product offerings, business profile, geography, corporate strategies, market segment share, and SWOT analysis. The report also provides a detailed analysis of the latest company news and developments including product development, innovation, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and more. It enables one to assess the overall competition in the market. The major vendors in the Abrasive Blasting Materials market are Blastrite, MHG Strahlanlagen GmbH, Barton International, Opta Minerals Inc., Ensio Resources Inc., Industrial Quick Search Inc., Kramer Industries Inc., Midwest Finishing Systems Inc., Opta Group LLC, PAUL. AUER GMBH, 3M Company, Saint-Gobain Abrasives, Abrasive Products & Equipment, LLC, Robert Bosch GmbH. and others.
Post time: Dec-24-2024