Super Abrasives Market Size, Share, By Material Type (Diamond and Cubic Boron Nitride), By Product (Bonded, Coated, and Others), By Application (Powertrain, Bearing, Gear, Tool Grinding, Turbine), By End-User Industry (Aerospace, Automotive, Medical, Electronics, Oil and Gas), and By Region – Market Trends, Analysis and Forecast till 2034

Report Code: PMI416520 | Publish Date: May 2024 | No. of Pages: 168

Global Super Abrasives Market Overview

Super Abrasives Market Size was valued at US$ 6.2 billion in 2024 and is projected to grow at a CAGR of 6.4%to reach US$ 10.9 billion by 2034.

Super abrasive term is applied to the abrasive grit type: cubic boron nitride or diamond abrasive tools; sometimes the term also designates tools made from these abrasives. Diamond represents the hardest material in nature, featuring a very high resistance against compaction, Knoop hardness 7,000 - 8,000, resulting from the opposite structure of carbon atoms with their regular, symmetrical order and rich energy covalent atomic bonds. There are different types of abrasives for grinding wheels; the type of abrasive in use classifies the best use of the tool. Abrasives are classified as bonded, coated, and non-woven grit. Bonded abrasives use some type of binder to bond it to the material in the shape of the wheel. Such super abrasive products – either as correction tools or grinding wheels – are used for the shaping of materials that are too hard or too fragile to be worked with traditional abrasives: glass-bevelling in the automotive and building sectors, as well as for high-precision grinding.

Crystal and ceramic Material Types cut silicon wafers, and sharpen circular saws, and woodworking tools. These super abrasives find use in various precision grinding applications, such as the automotive industry, architectural or crystal glass, and ceramic Material Types. They are also employed for the shaping of engine and transmission parts, including cams and crankshafts. Other uses include slicing silicon wafers or sharpening circular saws and woodworking tools. Aluminium oxide is considered the best abrasive, coming in many forms, and its versatility makes it the most commonly used abrasive; however, white fused aluminium oxide is softer or more delicate than other abrasives. There exist two types of abrasives, natural and manufactured; the important ones among the natural ones are emery, corundum, and diamond, which are used only in special kinds of grinding wheels and honing.

Super Abrasives Market Size

Global Super Abrasives Market Drivers & Restraints

Super Abrasives Market Drivers:   

Growing Demand for Durable and High-Performance Products

  • This includes the need for faster material removal rates, longer tool life, and reduced downtime, all of which contribute to improved cost-effectiveness in machining operations. The development of new materials, such as hard-to-machine composites and ceramics, as well as the increasing use of advanced alloys, is creating new opportunities for super abrasives. This trend is particularly evident in the medical and dental industries, where there is a growing demand for biocompatible materials.

Evolving Material Science and Machinability Challenges

  • Modern development of new and advanced materials has primarily puzzled conventional grinding methods. Super abrasives continue to develop and grind such hard-to-machine materials like composites and high-strength alloys. Super abrasives are constantly evolving to address these challenges and effectively grind hard-to-machine materials. Researchers are developing new super abrasive grits and bonds that combine exceptional hardness and wear resistance with improved thermal properties to minimize heat generation during grinding.

Restrains in the Super Abrasives Market:

High Cost of Super Abrasives

  • Diamond and CBN are intrinsically costly to mine, process, and synthesize—the very basic materials used in super abrasives. This means a higher cost per unit compared to traditional abrasives, such as aluminum oxide or silicon carbide. Designing new super abrasive products with added functionalities or enhanced performance usually includes extra research and development costs, which pump up their price. While super abrasives offer better life and, therefore, a lesser overall cost for grinding due to improved performance and lower tool wear, the initial investment can be high for some manufacturers, particularly smaller and medium-sized enterprises.

Stringent Regulations Regarding Recycling and Disposal

  • Super abrasives can be hazardous in case their recycling or disposal is not proper, as those containing diamond or CBN are related to.  this has introduced variable and costly legislation that now controls the recycling and disposal of such materials. For instance, diamond particles may contaminate waterways if disposed off irresponsibly. There are strict regulations that are enacted to ensure that the natural and work-related hazards are kept at a minimum while dumping such material. This introduces further costs and complexities of compliance for manufacturers in ensuring adherence to such regulations.

Key Opportunities in Super Abrasives Market:

Automation and Industry 4.0 Integration

  • Increasing automation and Industry 4.0 propagate the development of super abrasives that can easily be taken up by an automated grinding process. This may involve super abrasive abrasives with incorporated means of sensors for performance and grinding parameter monitoring in Grinding or abrasives that enable optimum data collection of grinding processes in real-time. More importantly, super abrasives that would provide consistency and predictable wear patterns are very important to propagate continued results in automated grinding operations.

Increasing Efficiency and Productivity

  • Different industry manufacturers strive to enhance grinding efficiency and productivity. Advancements in super abrasive materials can further allow for increased speeds in grinding, defects-free performance, and integrity in workpieces. Super abrasives of excellent wear resistance make a minimum of frequent tool changeovers to prevent downtime and ensure productivity. One such super abrasive can assist manufacturers in getting the required surface finish on workpieces in a single grinding operation. This eliminates multiple grinding steps and thus improves overall efficiency.

Global Super Abrasives Market Segmentations & Regional Insights

Super Abrasives Market is segmented based on based on by Material Type, Product, Application, End-User Industry and Region.

Material Types Insight

  • Diamond - It is the most widely applied super abrasive, having very high hardness, wear resistance, and cutting ability. It is by far the best grinding tool for a host of materials, not excluding hard metals, ceramics, and composites.
  • Cubic Boron Nitride – Cubic boron nitride is the second hardest material next to diamond. This makes it excellent in grinding hardened steels and tool materials due to its extremely high level of thermal stability. Unlike diamond, CBN has maintained its cutting hardness at a high temperature. These qualities make it an ideal choice for grinding hardened tool steels, high-speed steels, and other materials that generate a lot of heat during the grinding process.

Product Insights

  • Bonded - These are grinding wheels where diamond or CBN grits are irrevocably bonded by a vitrified, resin, or metal bond. They offer good shape retention and durability in very wide ranges of grinding applications. Vitrified bond gives a wheel balance in strength and sharpness for a wide range of grinding tasks. Resin bond provides fast cutting action; recommended in high-speed grinding. Metal bond is highly durable at extremely high grinding pressures and rough stock removal.
  • Coated - These are abrasive tools with a thin layer of diamond or CBN grits deposited on a metallic or non-metallic base by electroplating, sputtering, or brazing techniques. They are used in precision grinding, machining, and polishing.
  • Others - This range includes other less-known abrasives, cubic boron carbide and sialon, used for certain grinding applications.

Application Insights

  • Powertrain - The requirements regarding super abrasives in the grinding of engine and transmission components, such as pistons, crankshafts, and valves, are for performance and fuel efficiency.
  • Bearing - The grinding and finishing of bearing races with super abrasives is done to provide smooth running without friction.   
  • Gear - These abrasives are used in achieving precise gear tooth profiles for efficient power transmission.
  • Tool Grinding – The sharpening and re-shaping of all types of industrial tools and dies used in connection with the working of metals and other materials in manufacturing.
  • Turbine – With super abrasives, very high surface finishes on the blades are obtained for efficient energy generation in gas turbines and jet engines.    

End-User Industry Insights

  • Aerospace – High-precision grinding of aircraft engine and airframe parts depends to a great extent on super abrasives.
  • Automotive The industries at automotive make a huge consumption of super abrasives to grind their engine parts, gears, and differential parts to assist in telling performance and fuel efficiency.
  • Medical - Making medical implants and surgical instruments with precision grinding and polishing of super abrasives demands biocompatibility and functionality.
  • Electronics - A lot of electronic devices require super abrasives in their processing in polishing delicate components, like smartphones and computers.
  • Oil and Gas - Many drilling tools and other associated equipment often undergo maintenance processes with the use of super abrasives in this industry.

Super Abrasives Market Regional Insights:

On region the Super Abrasives Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

  • North America- Currently, the continent holds the largest market share due to a large and well-established aerospace, automotive, and manufacturing industry. Besides, stringent regulations and high consumer awareness towards super abrasives act like driving factors.
  • Asia Pacific- Fast economic development and increasing industrialization will help this region grow at the fastest rate during this period. China is one of the biggest producers and consumers of super abrasives in the world.
  • Europe- It's a mature market where strong technological advancements and environmental regulations keep it completely on the forefront. European manufacturers remain at the leading edge for developing new and innovative super abrasive products.
  • Latin America- The market in this region is likely to grow at an increasing rate shortly, on account of improving disposable incomes and rising industrial activity.
  • Middle East & Africa- This will remain a relatively small market; however, in the future with improving infrastructure and economic diversification, there are very good chances of growth.

Super Abrasives Market Report Scope:

Attribute

Details

Market Size 2024

US$ 6.2 Billion

Projected Market Size 2034

US$ 10.9 Billion

CAGR Growth Rate

6.4%

Base year for estimation  

2023

Forecast period       

2024-2034

Market representation       

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Material Type - Diamond, and Cubic Boron Nitride

By Product - Bonded, Coated, and Others

By Application - Powertrain, Bearing, Gear, Tool Grinding, Turbine

By End-User Industry - Aerospace, Automotive, Medical, Electronics, Oil and Gas

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Super Abrasives Market report based on By Material Type, By Product, By Application, By End-User Industry and Region:

Super Abrasives Market, By Material Types:

  • Diamond
  • Cubic Boron Nitride

Super Abrasives Market, By Product:

  • Bonded
  • Coated
  • Others

Super Abrasives Market, By Application:

  • Powertrain
  • Bearing
  • Gear
  • Tool Grinding
  • Turbine

Super Abrasives Market, By End-User Industry:

  • Aerospace
  • Automotive
  • Medical
  • Electronics
  • Oil and Gas

Super Abrasives Market, By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Super Abrasives Market Competitive Landscape & Key Players

The key players operating the Super Abrasives Market includes 3M Company, Saint-Gobain, Asahi Diamond Industrial Co., Ltd., Element Six (De Beers Group), ILJIN Diamond Co., Ltd., Husqvarna AB, Hyperion Materials & Technologies, Zhengzhou Sino-Crystal Diamond Co., Ltd., Showa Denko K.K., Sumitomo Electric Industries, Ltd., Diamond Innovations (Sandvik Group), Shinhan Diamond, Tomei Diamond Co., Ltd., Ehwa Diamond Industrial Co., Ltd., BOSUN Tools Co., Ltd.

Super Abrasives Market Players

Global Super Abrasives Market Recent News

  • In August 2023, Abrasive Technology LLC, a leading creator and manufacturer of ultra-abrasive materials for the dentistry, aerospace, medical, and industrial markets, acquired Precision Swiss LLC (Cincinnati, OH), a Swiss machining and milling company. The purchase of Precision Swiss is a vital part of Abrasive Technology's future growth to expand our capabilities through enhanced functionality in our market area.
  • In November 2022, Scientists at IIT Madras developed a technique to make new generation super-abrasive tools. Amitava Ghosh's research team at IIT Madras used advanced chemical bonding technology with an application-specific innovative filler material formulation, as well as an indigenously created semi-automatic grit-printing system, to manage the spacing of grits on tools.  An indigenous technology developed at IIT Madras can now generate new-generation super-abrasive tools for advanced grinding applications, meeting high productivity and energy-efficient material removal needs.

Global Super Abrasives Market Company Profile

  • 3M Company*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Overview
    • Business Strategy Overview
  • Saint-Gobain
  • Asahi Diamond Industrial Co., Ltd.
  • Element Six (De Beers Group)
  • ILJIN Diamond Co., Ltd.
  • Husqvarna AB, Hyperion Materials & Technologies
  • Zhengzhou Sino-Crystal Diamond Co., Ltd.
  • Showa Denko K.K.
  • Sumitomo Electric Industries, Ltd.
  • Diamond Innovations (Sandvik Group)
  • Shinhan Diamond
  • Tomei Diamond Co., Ltd.
  • Ehwa Diamond Industrial Co., Ltd.
  • BOSUN Tools Co., Ltd.

“*” marked represents similar segmentation in other categories in the respective section.

FAQs

Super Abrasives Market was valued at US$ 6.2 Billion in 2024 and is projected to grow at a CAGR of 6.4% to reach US$ 10.9 Billion by 2034.

Super Abrasives Market is segmented into Material Type, Product, Application, End-User Industry and Region.

Factors driving the market includes growing demand for durable and high-performance products, evolving material science and machinability challenges.

Restraints of the Super Abrasives Market include high cost of super abrasives, stringent regulations regarding recycling and disposal.

The Key players operating in the Super Abrasives Market includes Asahi Diamond Industrial Co. Ltd, Saint-Gobain Abrasives Inc., 3M, Noritake Co. Limited, Protech Diamond Tools Inc., Radiac Abrasives Inc., American Superabrasives Corp., Action SuperAbrasive, Carborundum Universal Ltd, and Guangdong Gesellschafts Tesch GmbH.

Super Abrasives Market is segmented by region into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America is expected to dominate the Market.