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Sanding Pads Market

Sanding Pads Market Size, Share & Segmentation by Product (Disc, Rolls, Wheels, Others), by Material (Pressure Sensitive Adhesive and Hook and Loop/Velcro) by End User (Metal Fabrication, Automotive, Construction, Others), by Regions and Global Market Forecast 2022-2028

Report Id: SNS/EQIP/1144 | May 2022 | Region: Global | 125 Pages

Report Scope & Overview:

The Sanding Pads Market Size was valued at USD 2.21 Bn in 2021 and is expected to reach USD 3.89 Bn by 2028, and grow at a CAGR of 5.13% over the forecast period 2022-2028.

For finishing, polishing, and grinding operations, the sanding sheet is a harsh and wear-resistant abrasive. Metal rust and stain cleaning, cutting, finishing, and lapping activities in building and construction, fabrication, and other industrial applications are all common uses for sanding sheets. In the projected future, the worldwide Sanding Pads market is predicted to grow at a substantial rate.

Sanding Pads Market Revenue Graph

The worldwide sanding pads market is quite active, and it is predicted to develop rapidly over the next several years. The rise has an impact on the market for sanding pads in worldwide industrial production, the building sector, and DIY activities. Sanding pads are widely used in the construction sector for a variety of tasks, including smoothing surfaces and scraping off layers of paint, primarily during painting. The worldwide construction industry's expansion has fueled the global sanding pad market's growth. Furthermore, the Asia-Pacific sanding pads market is predicted to rise significantly over the forecast period, owing to the rising population and fast infrastructure development.

MARKET DYNAMICS:

KEY DRIVERS:

  • Rising global industrial production

  • Rising construction industry.

  • Increase interest in (DIY)activities.

RESTRAINTS:

  • Increasing restrictions from the government on the use of silica.

  • uncertainty in the supply of basic resources

OPPORTUNITY:

  • Continuous government s favorable initiative for construction in the infrastructure and development sector.

IMPACT OF COVID-19:

The continuing COVID-19 epidemic has had a significant impact on every area of the global economy. During the pandemic, the chemicals and materials sectors were moderately affected. This is owing to the unabated need for chemicals in the healthcare, life science, and cleaning industries. Other chemical and material sectors, such as paints, industrial oil, and building materials, are experiencing a decrease in demand. Strict lockdown led in a reduction in raw material supply, which had a direct impact on the production process. Furthermore, the suspension of many end-use sectors had a direct impact on global chemical demand.

MARKET ESTIMATION:

The worldwide sanding pads market is divided into discs, wheels, rolls, and other products. The discs category led the worldwide market in 2021and is expected to continue to do so during the forecast period. Hard plating is done with sanding pad discs. Edger and drum sander starches mix smoothly with the vigorous cutting. On strip and plank flooring, the discs decrease springwood dish. The discs are typically used for final sanding to prevent softer grains from dishing. The discs are suitable for removing different residues from wood and concrete surfaces.

The market has been divided into Velcro/hook and loop, pressure sensitive adhesive, and others based on the material. Disposable gloves have the biggest market share among these goods, followed by reusable gloves. Velcro/hook and loop sanding discs often feature a fluffy back that allows them to be connected to the sander's backing pad's Velcro surface. Velour Backed Sanding Discs are another name for these discs. The Velcro disc has the benefit of being readily removed from the sander before it wears out, allowing it to be reused at a later time. Paint, wood, metal, varnish, roughcast, and composite materials are commonly sanded with Velcro/hook and loop sanding pads.

The worldwide sanding pads market has been divided into automotive, metal fabrication, construction, and other end users. Construction dominated the market in 2021 and is expected to continue to do so during the forecast period. Sanding pads are widely used in the construction sector for a variety of purposes, including smoothing surfaces and scraping off layers of a surface, particularly during painting. The worldwide sanding pad market is primarily driven by the construction industry. Construction project financing has also improved, resulting in technological advancements.

KEY SEGMENTS:

ON THE BASIS OF PRODUCT

  • Disc

  • Rolls

  • Wheels

  • Others

ON THE BASIS OF MATERIAL

  •  Pressure Sensitive Adhesive

  •  Hook and Loop/Velcro

ON THE BASIS OF END USER

  • Metal Fabrication

  • Automotive

  • Construction

  • Others

Sanding Pads Market Segment Chart

KEY PLAYERS:

The key players of these market are Mirka USA Inc., VSM Abrasives Corp, Grindwell Company, Standard Abrasives, Inc., Precision Abrasives Corporation, Mirka USA Inc. Saint-Gobain Abrasives, Inc., The 3M Company, Klingspor Abrasives,Inc., Marvel Abrasive Products, Inc., Napoleon Abrasives S.P.A.

REGIONAL ANALYSIS:

In terms of revenue, North America controlled a large share, and it is expected to retain its dominance during the projection period. In North America, the United States is expected to be a major sanding sheet market. Similarly, the Asia Pacific market is expected to grow at a significant rate throughout the forecast period. The rising building and construction sector in India and China is credited with boosting the Asia Pacific sanding sheets market.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Sanding Pads Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 2.21  Billion
Market Size by 2028 US$ 3.89 Billion
CAGR CAGR of 5.13% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Product (Disc, Rolls, Wheels, Others)
• by Material (Pressure Sensitive Adhesive and Hook and Loop/Velcro)
• by End User (Metal Fabrication, Automotive, Construction, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Mirka USA Inc., VSM Abrasives Corp, Grindwell Company, Standard Abrasives, Inc., Precision Abrasives Corporation, Mirka USA Inc. Saint-Gobain Abrasives, Inc., The 3M Company, Klingspor Abrasives,Inc., Marvel Abrasive Products, Inc., Napoleon Abrasives S.P.A.
Key Drivers •Rising global industrial production

•Rising construction industry.

•Increase interest in (DIY)activities.
Restraints •Increasing restrictions from the government on the use of silica.

•uncertainty in the supply of basic resources


Frequently Asked Questions (FAQ) :

Ans: - The Sanding Pads Market Size was valued at USD 2.21 Bn in 2021.

Ans: - Continuous government s favorable initiative for construction in the infrastructure and development sector.

Ans: - The segments covered in the Sanding Pads Market report for study are on the basis of product, material, and End-use.

Ans: - In terms of revenue, North America controlled a large share.

Ans: - The primary growth tactics of Sanding Pads market participants include merger and acquisition, business expansion, and product launch.


Table of Contents

 

1. Introduction

1.1 Market Definition 

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges 

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5. Value Chain Analysis 

 

6. Porter’s 5 forces model

 

7. PEST Analysis

 

8. Sanding Pads Market Segmentation, by type

8.1 Disc

8.2 Rolls

8.3 Wheels

8.4 Others

 

9. Sanding Pads Market Segmentation, by application

9.1 Pressure Sensitive Adhesive

9.2 Hook and Loop/Velcro

 

10.Sanding Pads Market Segmentation, by end-user

10.1 Metal Fabrication

10.2 Automotive

10.3 Construction

10.4 Others

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

 

12. Company Profiles

12.1 Mirka USA Inc

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 VSM Abrasives Corp,

12.3 Grindwell Company,

12.4 Standard Abrasives, Inc

12.5 Precision Abrasives Corporation

12.6 Mirka USA Inc.

12. 7 Saint-Gobain Abrasives, Inc.

12.8 The 3M Company

12.9 Klingspor Abrasives,Inc

12.10 Marvel Abrasive Products, Inc

12.11 Napoleon Abrasives S.P.A

 

13. Competitive Landscape

13.1 Competitive Benchmarking

13.2 Market Share analysis

13.3 Recent Developments

 

14. Conclusion

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Secondary Research

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