Report Overview

The Australia abrasives market size is estimated to be valued at AUD 768.70 Million in 2023. It is expected to grow at a CAGR of 3.40 % between 2024 and 2032 to reach almost AUD 1038.58 Million by 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • According to DTF, in 2022-2023, the economic output contribution of mining and manufacturing in Northern Territory was 31.6%.
  • As per LMI, the employment in the construction sector in 2021 was 1,143,600.
  • As per DTF, the employment increase in the mining industry was 99.5% in 2022-2023 in the Northern Territory.

Australia Abrasives Market Growth

Compound Annual Growth Rate

Value in AUD Million

3.4%

2024-2032


Australia Abrasives Market Outlook

*this image is indicative*

Based on raw material, the Australia abrasives market share is led by natural abrasives as they are available in abundance in many regions.
 
Due to their compatible property, they do not react chemically with materials such as ceramics, composites and others, thus causing no chemical contamination. Moreover, their manufacturing practices are environment-friendly due to the lesser usage of chemicals in production. They require less energy during production due to their extraction from naturally occurring minerals. Synthetic abrasives provide short machining cycle times due to their ability to remove materials with precision by their sharp cutting edge.

The Australia abrasives market growth is being guided by various trends and developments including the improvement of tool life by the incorporation of bonded technologies in abrasives. Moreover, the use of super abrasives in various applications is increasing and the abrasives are being customised to meet the specific machining applications and customers requirements. Further, to promote sustainability, environment-friendly manufacturing and the processing of abrasives are increasing. Features such as material removal capacity and superior surface finishes have increased due to the addition of nanoparticles in the abrasives.

Australia Abrasives Market Segmentation

Australia Abrasives Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Raw Material

  • Synthetic Abrasives
  • Breakup by Type
    • Aluminum Oxide
    • Metallic Abrasives
    • Silicon Carbide
    • Others
  • Natural Abrasives

Market Breakup by Type

  • Super Abrasives
  • Bonded Abrasives
  • Coated Abrasives
  • Others

Market Breakup by Application

  • Drilling
  • Cutting
  • Grinding
  • Polishing
  • Others

Market Breakup by End Use

  • Automotive
  • Construction
  • Metal Manufacturing
  • Oil and Gas
  • Aerospace
  • Electronics
  • Others

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others

The Australia Abrasives market key players are GMA Garnet Pty Ltd., Saint-Gobain Abrasives Pty Ltd., CUMI (Australia), 3M Australia Pty Limited, Hermes Abrasives Australia Pty Ltd., PFERD Australia Pty Ltd., 111 Abrasives Australia Pty Ltd., and Sheffield Group among others.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market was valued at AUD 768.70 Million in 2023.

The market is projected to grow at a CAGR of 3.40% between 2024 and 2032.

The revenue generated from the market is expected to reach AUD 1038.58 Million in 2032.

The abrasives market is growing with an increase in the addition of bonding technologies features, usage of super abrasives, sustainable manufacturing and the addition of nanoparticles.

Based on the raw material, the abrasives market is bifurcated into natural abrasives and synthetic abrasives.

Key players in the industry are GMA Garnet Pty Ltd., Saint-Gobain Abrasives Pty Ltd., CUMI (Australia), 3M Australia Pty Limited, Hermes Abrasives Australia Pty Ltd., PFERD Australia Pty Ltd., 111 Abrasives Australia Pty Ltd., and Sheffield Group among others.

Based on type, the market is divided into super abrasives, bonded abrasives, coated abrasives and others.

The different applications of abrasives include cutting, grilling, grinding, polishing and others.

The market is broken down into New South Wales, Victoria, Queensland, the Australia Capital Territory, Western Australia, and others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

Report Features Details
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Raw Material
  • Type
  • Application
  • End Use
  • Region
Breakup by Raw Material
  • Synthetic Abrasives
    • Aluminum Oxide
    • Metallic Abrasives
    • Silicon Carbide
    • Others
  • Natural Abrasives
Breakup by Type
  • Super Abrasives
  • Bonded Abrasives
  • Coated Abrasives
  • Others
Breakup by Application
  • Drilling
  • Cutting
  • Grinding
  • Polishing
  • Others
Breakup by End Use
  • Automotive
  • Construction
  • Metal Manufacturing
  • Oil and Gas
  • Aerospace
  • Electronics
  • Others
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australia Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Trade Data Analysis:
  • Major Exporting Countries
    • By Value
    • By Volume
  • Major Importing Countries
    • By Value
    • By Volume
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • GMA Garnet Pty Ltd. (GMA Garnet Group)
  • Saint-Gobain Abrasives Pty Ltd.
  • CUMI (Australia) 
  • 3M Australia Pty Limited 
  • Hermes Abrasives Australia Pty Ltd.
  • PFERD Australia Pty Ltd.
  • 111 Abrasives Australia Pty Ltd.
  • Sheffield Group
  • Others

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