결합 연마재 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the bonded abrasives market size is estimated at USD 25.23 billion in 2026, and is expected to reach USD 32.39 billion by 2031, at a CAGR of 5.12% during the forecast period (2026-2031).

This report is Segmented by Bond Type (Vitrified Bond, Resin Bond, Rubber Bond, and Others), Material Type (Aluminum Oxide, Boron Carbide, Silicon Carbide, and Others), End-User Industry (Automotive, Aerospace, Electrical and Electronics, and Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

Global Bonded Abrasives Market Trends and Insights

Infrastructure-Led Metal-Working Boom in Asia

Regional steel output is rising as India produced 144.3 million t in fiscal 2024, up 13.4% year on year, while new capacity in Vietnam and Indonesia adds flat-rolled output for construction projects. More steel means more billet grinding, structural-beam finishing, and rebar cutting, which directly lifts bonded abrasives market demand. Chinese mill utilization is softening, yet Wood Mackenzie expects India, Thailand, and the Philippines to absorb volume through 2031, shifting wheel consumption southward. Japan and South Korea remain buyers of CBN and diamond wheels for semiconductor wafer and micro-finishing work, underscoring a stable premium niche. Governments channel infrastructure budgets into metro rail, port dredging, and bridge expansion, locking in multi-year orders for aluminum-oxide wheels. The result is predictable long-cycle revenue visibility for both global and local producers.

Resinoid Wheels Supporting greater than 25 m/s Grinding Lines

Automotive crankshaft and aerospace turbine machining increasingly runs at peripheral speeds that vitrified wheels cannot safely withstand, so resin bonds with elastic phenolic matrices are preferred. Peer-reviewed trials show resin-bond diamond wheels sustain 125 m/s in production, slashing cycle time by 30% and reducing heat-affected zones on nickel superalloys. Aerospace OEMs therefore cut finishing passes while maintaining Ra <= 0.4 µm surface finishes. Electric-vehicle motor shafts require roundness within 5 µm, a tolerance easier to hit with shock-resistant resin wheels. Automotive tier-1 suppliers deploy these wheels to hit takt times below 60 s per shaft, protecting throughput. With peripheral speeds still climbing, demand elasticity favors suppliers able to certify wheels under ISO 21940 burst-test criteria.

Energy-Intensive Firing Furnaces and Carbon Taxes

Vitrified wheels fire above 1,200 °C, consuming 3-5 MWh per tonne and emitting significant CO2. The European Commission requires 55% emissions cuts by 2030, obliging ceramic plants to retrofit electric or hydrogen kilns that each cost more than EUR 10 million. U.S. industrial policy offers tax credits for electrified furnaces, yet smaller producers still face USD 8-12 million up-front capital. Chinese dual-control caps have already forced Henan and Shandong operations to curtail peak-season output, lengthening wheel lead times to eight weeks. Higher energy surcharges narrow operating margins and could delay capacity additions, moderating bonded abrasives market expansion where vitrified products dominate.

Other drivers and restraints analyzed in the detailed report include:

1. Precision Ceramics and CBN for EV Powertrains
2. AI-Driven Tool-Room Automation
3. Ti-Oxide and Phenolic-Resin Price Volatility greater than 18% YoY

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Vitrified bond secured 58.06% bonded abrasives market share in 2025 and is projected to register a 5.49% CAGR to 2031. Its rigid, porous structure resists burn and preserves geometry on crankshafts, camshafts, and turbine blades even under heavy normal forces. Vitrified variants also enable in-process conditioning that keeps surface integrity consistent during long production runs. Research partnerships such as Chalmers Grinding 4.0 lower tool cost per part by predicting dressing intervals, improving wheel utilization by 15 pp.

Resin bonds, cured below 200 °C, are capturing high-speed applications where elastic matrices absorb shock and limit catastrophic bursts. Automotive EV lines value that resilience for motor shaft grinding at peripheral speeds above 80 m/s. Rubber bonds, while niche at single-digit share, remain essential for thin cutting disks and centerless grinding where vibration damping improves finish. Metal and shellac bonds fill ultra-precision optics roles, rounding out a diverse bonded abrasives market.

Complete Report Scope:

• By Bond Type
  • Vitrified Bond
  • Resin Bond
  • Rubber bond
  • Others
• By Material Type
  • Aluminum Oxide
  • Boron Carbide
  • Silicon Carbide
  • Others
• By End-user Industry
  • Automotive
  • Aerospace
  • Medical
  • Electrical and Electronics
  • Industrial Machinery
  • Others (Furniture, Building and Construction, Etc.)
• By Geography
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • ASEAN Countries
    • Rest of Asia-Pacific
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • United Kingdom
    • Italy
    • France
    • Spain
    • NORDIC Countries
    • Rest of Europe
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle-East and Africa
    • Saudi Arabia
    • South Africa
    • Rest of Middle-East and Africa

Geography Analysis

Asia-Pacific commanded 56.48% bonded abrasives market revenue in 2025 and is forecast for a 5.71% CAGR to 2031, the quickest global pace. India is the swing consumer as crude steel output rose 13.4% to 144.3 million t in 2024, and capital spending on thin-wheel and silicon-carbide lines underscores local appetite. Tyrolit's new Pune plant strengthens regional access to CBN and diamond wheels, shrinking freight time from Europe to two weeks. Southeast Asia funnels public funds into bridges and rail corridors, pulling demand for cost-effective aluminum-oxide wheels on structural steel. Japan and South Korea hold premium niches in semiconductor wafer grinding, reliant on CBN and diamond grains.

In North America, aerospace reshoring stimulates CBN demand, yet carbon taxes and high electricity tariffs raise vitrified production costs. DOE tax credits encourage kiln electrification, but only large plants achieve the scale to invest. Tariff exposure remains acute because 91% of fused alumina imports originate in China, motivating alternative supply chains from Australia and Guyana.

Europe mirrors North American challenges. The EU Industrial Carbon Management strategy compels 55% CO2 reductions by 2030, so Saint-Gobain pilots hydrogen kilns in France while midsized Italian manufacturers weigh LNG-to-electric transitions. Germany, Italy, and France together sustain automotive and aerospace grinding volumes, but cost pressures shift some downstream machining to Eastern Europe.

South America and Middle East and Africa together represent low bonded abrasives market revenue. Brazil's vehicle assembly plants still grind crankshafts with vitrified aluminum-oxide wheels, while Saudi Arabian infrastructure projects buy cutting disks for pipeline fabrication. South African mining operations use resin-bond wheels for drill-bit sharpening where wheel life outweighs finish requirements.

1. 3M
2. Asahi Diamond Industrial (ADI)
3. August Ruggeberg GmbH & Co. KG
4. CUMI
5. Fujimi Incorporated.
6. Henan Huanghe Whirlwind CO.,Ltd.
7. Hermes Schleifmittel GmbH
8. Klingspor India Pvt. Ltd.
9. Marrose Abrasives
10. Mirka Ltd
11. Osborn (DRONCO)
12. Precision Abrasives Pvt. Ltd.
13. Rhodius
14. Robert Bosch Power Tools GmbH
15. Saint-Gobain
16. SAK ABRASIVES LIMITED
17. Tyrolit AG
18. VSM AG
19. Weiler Abrasives

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Infrastructure-Led Metal-Working Boom in Asia
  • 4.2.2 Resinoid Wheels Enabling greater than 25 M/S High-Speed Grinding Lines
  • 4.2.3 Shift To Precision Ceramics and CBN Grains in EV Power-Trains
  • 4.2.4 AI-Driven Tool-Room Automation (Self-Sharpening Set-Ups)
  • 4.2.5 Re-Shoring of US/EU Aerospace Machining Capacity
• 4.3 Market Restraints
  • 4.3.1 Energy-Intensive Firing Furnaces Facing Carbon Taxes
  • 4.3.2 Ti-Oxide And Phenolic-Resin Price Volatility greater than 18 % YoY
  • 4.3.3 Stricter PM2.5 Limits in India and China Grinding Shops
• 4.4 Value Chain Analysis
• 4.5 Porter's Five Forces
  • 4.5.1 Threat of New Entrants
  • 4.5.2 Bargaining Power of Suppliers
  • 4.5.3 Bargaining Power of Buyers
  • 4.5.4 Threat of Substitutes
  • 4.5.5 Competitive Rivalry

5 Market Size and Growth Forecasts (Value)

• 5.1 By Bond Type
  • 5.1.1 Vitrified Bond
  • 5.1.2 Resin Bond
  • 5.1.3 Rubber bond
  • 5.1.4 Others
• 5.2 By Material Type
  • 5.2.1 Aluminum Oxide
  • 5.2.2 Boron Carbide
  • 5.2.3 Silicon Carbide
  • 5.2.4 Others
• 5.3 By End-user Industry
  • 5.3.1 Automotive
  • 5.3.2 Aerospace
  • 5.3.3 Medical
  • 5.3.4 Electrical and Electronics
  • 5.3.5 Industrial Machinery
  • 5.3.6 Others (Furniture, Building and Construction, Etc.)
• 5.4 By Geography
  • 5.4.1 Asia-Pacific
    • 5.4.1.1 China
    • 5.4.1.2 India
    • 5.4.1.3 Japan
    • 5.4.1.4 South Korea
    • 5.4.1.5 ASEAN Countries
    • 5.4.1.6 Rest of Asia-Pacific
  • 5.4.2 North America
    • 5.4.2.1 United States
    • 5.4.2.2 Canada
    • 5.4.2.3 Mexico
  • 5.4.3 Europe
    • 5.4.3.1 Germany
    • 5.4.3.2 United Kingdom
    • 5.4.3.3 Italy
    • 5.4.3.4 France
    • 5.4.3.5 Spain
    • 5.4.3.6 NORDIC Countries
    • 5.4.3.7 Rest of Europe
  • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Rest of South America
  • 5.4.5 Middle-East and Africa
    • 5.4.5.1 Saudi Arabia
    • 5.4.5.2 South Africa
    • 5.4.5.3 Rest of Middle-East and Africa

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share/Ranking Analysis
• 6.4 Company Profiles {(includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)}
  • 6.4.1 3M
  • 6.4.2 Asahi Diamond Industrial (ADI)
  • 6.4.3 August Ruggeberg GmbH & Co. KG
  • 6.4.4 CUMI
  • 6.4.5 Fujimi Incorporated.
  • 6.4.6 Henan Huanghe Whirlwind CO.,Ltd.
  • 6.4.7 Hermes Schleifmittel GmbH
  • 6.4.8 Klingspor India Pvt. Ltd.
  • 6.4.9 Marrose Abrasives
  • 6.4.10 Mirka Ltd
  • 6.4.11 Osborn (DRONCO)
  • 6.4.12 Precision Abrasives Pvt. Ltd.
  • 6.4.13 Rhodius
  • 6.4.14 Robert Bosch Power Tools GmbH
  • 6.4.15 Saint-Gobain
  • 6.4.16 SAK ABRASIVES LIMITED
  • 6.4.17 Tyrolit AG
  • 6.4.18 VSM AG
  • 6.4.19 Weiler Abrasives

7 Market Opportunities and Future Outlook

• 7.1 White-space and Unmet-need Assessment