Wilmington,Delaware, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Sandblasting media demand is being driven by the rise of industries such as manufacturing, construction, and automotive. To assure high-quality finishes and coatings, these industries require effective surface preparation and cleaning processes, which sandblasting delivers. Continuous R&D efforts are resulting in the development of more efficient and effective abrasives, which improve the performance of sandblasting operations and drive adoption.
Market Scope and Report Overview
Global sandblasting media market is estimated at US$ 6.2 billion in 2022 and is expected to grow at a significant CAGR of over 7.6% over the forecast period of 2019-2028, analysis by RationalStat
Market intelligence for the global sandblasting media market covers market sizes on the basis of market value (US$/EUR Million) and volume (units/tons) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
In addition, the long-term sector and products/services 10-year outlook and its implications on the sandblasting media market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
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Global Sandblasting Media Market: Segmental and Market Share Analysis
On the basis of product, aluminum oxide is dominating the market share. Because of its hardness and endurance, is a common abrasive substance used for surface preparation in a variety of applications.
On the basis of industry, more than a fifth of the global market was dominated by the metalworking industry. Metallic abrasives are important for cleaning mill scale residues, casting dirt, pressing & welding or heat treatment work piece, and cleaning non-metal item surfaces.
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Competition Analysis and Market Structure
These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global sandblasting media market include,
- In May 2021, Abrasive Technologies (AT), a manufacturer of super abrasive solutions for the medical, aerospace, dentistry, and industrial end sectors, received an investment from Blue Sea Capital, an abrasive supplier. Blue Sea’s goods will be combined with abrasive technology to focus on Aerospace and Defense, Healthcare, and Industrial Growth.
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- This acquisition of Abrasive Technologies gained access to the company's advanced manufacturing capabilities, as well as its professional team of engineers and technicians, as a result of the acquisition.
- This has allowed Abrasive Technologies to broaden its product and service offerings, as well as better meet the needs of its customers in the metalworking, woodworking, glass, and stone industries.
Some of the prominent players that contribute significantly to the sandblasting media market growth include Abrasives Inc., ATI Black Diamond Granules Inc., Barton International, Blastech, Crystal Mark Inc., Eisenwerk Würth GmbH, GMA Garnet, Harsco Metals & Minerals, Opta Minerals Inc., and The Chemours Company, among others.
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RationalStat has segmented the global sandblasting media market based on product, industry, and region
- Global Sandblasting Media Market Value (US$ Million), Volume (‘000 units/tons), and Market Share (2019-2028) Analysis by Product
- Aluminum Oxide
- Silicon Carbide
- Steel Grit
- Sodium Bicarbonate
- Steel Shot
- Glass
- Others (Staurolite, Nut Shells, etc)
- Global Sandblasting Media Market Value (US$ Million), Volume (‘000 units/tons), and Market Share (2019-2028) Analysis by Industry
- Automotive
- Construction
- Oil & Gas
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- Leading Companies and Market Players
- Abrasives Inc.
- ATI Black Diamond Granules Inc.
- Barton International
- Blastech
- Crystal Mark Inc.
- Eisenwerk Würth GmbH
- GMA Garnet
- Harsco Metals & Minerals
- Opta Minerals Inc.
- The Chemours Company
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Key Questions Answered in the Sandblasting Media Report:
- What will be the market value of the global sandblasting media market by 2028?
- What is the market size of the global sandblasting media Market?
- What are the market drivers of the global sandblasting media Market?
- What are the key trends in the global sandblasting media Market?
- Which is the leading region in the global sandblasting media Market?
- What are the major companies operating in the global sandblasting media Market?
- What are the market shares by key segments in the global sandblasting media Market?
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