The global Resinoid Bond Grinding Wheels Market continues to demonstrate strong growth, with its valuation reaching USD 1.86 billion in 2024. According to the latest industry analysis, the market is projected to grow at a CAGR of 4.7%, reaching approximately USD 2.75 billion by 2032. This growth is largely fueled by increasing applications in automotive, aerospace, and metalworking sectors, particularly in emerging economies where demand for precision grinding tools, durable abrasives, and efficient manufacturing processes continues to rise.
Resinoid bond grinding wheels are integral to the production of precision components, surface finishing, and material removal in various industrial settings. Their versatility and heat resistance make them highly desirable in industries transitioning toward high-speed operations and advanced automation. As hybrid formulations and superabrasive integrations gain prominence, manufacturers and regulatory bodies are increasingly supporting innovation in sustainable and high-performance abrasive technologies.
Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/245462/global-resinoid-bond-grinding-wheels-market
Market Overview & Regional Analysis
Asia-Pacific dominates the global resinoid bond grinding wheels market with over 35% consumption share from China alone, driven by strong demand in metalworking, automotive, and electronics manufacturing. The region benefits from rapid industrialization, government initiatives like Made in China 2025, and expansion of local production facilities, fueling the need for cost-effective and high-volume grinding solutions in transport and steel industries.
North America’s growth is bolstered by advanced automation in aerospace and automotive sectors, with increasing investments in reshoring manufacturing. Europe leads with technological innovations and regulatory compliance, such as EU machinery safety directives pushing for low-dust formulations. Emerging regions like South America and the Middle East & Africa show promising growth potential, despite economic volatility and import dependencies.
Key Market Drivers and Opportunities
The market is driven by the global push toward industrial automation, rising demand in the automotive and construction industries, and advancements in abrasive grain technologies like CBN and hybrid bonds. The transport sector accounts for a significant portion of demand, supported by production of engine parts and transmission components that demand precise tolerances and high-speed grinding.
Opportunities also lie in the expansion of electric vehicle manufacturing, integration of smart sensors for predictive maintenance, and growth in emerging markets like Southeast Asia and Africa. The infrastructure projects in developing regions and the shift to sustainable formulations present untapped potential for manufacturers seeking to diversify and innovate.
Challenges & Restraints
The resinoid bond grinding wheels market faces challenges including raw material price volatility for phenolic resins and abrasives, stringent workplace safety regulations on dust emissions, and competition from alternative technologies like laser cutting. Supply chain disruptions from geopolitical tensions continue to impact availability, while environmental concerns over resin formulations limit traditional production methods. Trade barriers, such as tariffs on imported wheels, pose further risks to global distribution.
Market Segmentation by Type
- Al2O3 Phenolic Resin Grinding Wheel
- SiC Phenolic Resin Grinding Wheel
- MBD & CBN Phenolic Resin Grinding Wheel
- Others
Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/245462/global-resinoid-bond-grinding-wheels-market
Market Segmentation by Application
- Transport Industry
- Construction
- Bearing & Machinery
- Steel Industry
- Others
Market Segmentation and Key Players
- 3M Company
- Saint-Gobain Abrasives
- Klingspor AG
- Mirka Ltd
- Noritake Co., Limited
- Kure Grinding Wheel Co., Ltd.
- Camel Grinding Wheels
- Tyrolit Group
- SHIN-EI Grinding Wheels MFG. Co., Ltd.
- DSA Products Ltd
- Andre Abrasive Articles
- DK Holdings
- Elka Elektrokorund GmbH
Report Scope
This report presents a comprehensive analysis of the global and regional markets for Resinoid Bond Grinding Wheels, covering the period from 2024 to 2032. It includes detailed insights into the current market status and outlook across various regions and countries, with specific focus on:
-
Sales, sales volume, and revenue forecasts
-
Detailed segmentation by type and application
In addition, the report offers in-depth profiles of key industry players, including:
-
Company profiles
-
Product specifications
-
Production capacity and sales
-
Revenue, pricing, gross margins
-
Sales performance
It further examines the competitive landscape, highlighting the major vendors and identifying the critical factors expected to challenge market growth.
As part of this research, we surveyed Resinoid Bond Grinding Wheels companies and industry experts. The survey covered various aspects, including:
-
Revenue and demand trends
-
Product types and recent developments
-
Strategic plans and market drivers
-
Industry challenges, obstacles, and potential risks
Get Full Report Here: https://www.24chemicalresearch.com/reports/245462/global-resinoid-bond-grinding-wheels-market
About 24chemicalresearch
Founded in 2015, 24chemicalresearch has rapidly established itself as a leader in chemical market intelligence, serving clients including over 30 Fortune 500 companies. We provide data-driven insights through rigorous research methodologies, addressing key industry factors such as government policy, emerging technologies, and competitive landscapes.
- Plant-level capacity tracking
- Real-time price monitoring
- Techno-economic feasibility studies
With a dedicated team of researchers possessing over a decade of experience, we focus on delivering actionable, timely, and high-quality reports to help clients achieve their strategic goals. Our mission is to be the most trusted resource for market insights in the chemical and materials industries.
International: +1(332) 2424 294 | Asia: +91 9169162030
Website: https://www.24chemicalresearch.com/
Follow us on LinkedIn: https://www.linkedin.com/company/24chemicalresearch
- Globaland Regional Aluminium Sulphate Industry Status and Prospects Professional Market Research Report Standard Version 2021-2027 - October 3, 2025
- Top 10 Companies in the Controlled Expansion Alloys Industry (2025): Market Leaders Enabling Precision Engineering - October 3, 2025
- Automotive Chassis Material Market, Global Outlook and Forecast 2025-2032 - October 3, 2025