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The global Paper-Backing Abrasive Adhesive Discs market was valued at 35.77 Million USD in 2020 and will grow with a CAGR of 2.94% from 2020 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Paper-backing abrasive adhesive discs is a kind of paper disc sandpaper used in polishing process.First, the paper-backing abrasive adhesive discs industry is concentrated, top 10 companies takes more than 64% share of global market. Saint-Gobain, Klingspor and 3M are the leading players in this industry which takes more than 28% of global production. Regionally, China, Europe and USA are the main production base of sand paper, with Japan also well-known for the premier quality of products. Second, currently, the sand paper industry has been highly mature, especially in developed countries. The growth rate of sand paper production in Europe, USA and Japan has been under 4% for the past years, while growth rate in developing countries like China has been in rapid growth. Regionally, China, Europe (Western Europe, Northern Europe and Germany), USA and Japan are the major production area of paper-backing abrasive adhesive discs. Third, as a kind of coated abrasive, paper-backing abrasive adhesive discs can be used to polish materials. The major applications of paper-backing abrasive adhesive discs are for wood, metal, paint, wall, etc., among which wood and metal abrasive are the major use. In 2015, metal hold about 40% application share. Fourth, the import and export business of paper-backing abrasive adhesive discs industry is frequent. USA and Europe are the main exporter of sand paper, while USA is the major importer. The products of China are well-known for the stable quality and cheap price, while products of Europe and Japan are superior in performance. Fifth, price of different kinds of sand paper differs from each other. The price of velvet backed sandpaper is more than 15% higher than price of adhesive backed sandpaper. Since the major factors affects price changes are raw material supply and labor cost, the price of paper-backing abrasive adhesive discs would be higher due to labor cost increasing. Sixth, the production of paper-backing abrasive adhesive discs in the coming years would be in 2%~4% of annual growth, and the major increase would be in developing countries. Additionally, as the development in India has been in fast growth for the past years, it is estimating that India would be transforming as another major producer of sand paper in the future.

By Market Verdors:
Saint-Gobain
3M
Klingspor
Hermes Abrasives
Mirka
SIA Abrasives (Bosch)
Nihon Kenshi
Ekamant
Awuko
Gator
Sankyo-Rikagaku
Carborundum Universal
Keystone Abrasives
Kovax
Dongguan Jinyang
Sunmight
Guangdong Shunhui

By Types:
Adhesive backed sandpaper
Velvet backed sandpaper

By Applications:
Wood
Metal
Varnishing

Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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