| Product Code: ETC5386516 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cape Verde continued to see a significant influx of artificial abrasives imports, with Portugal, China, Spain, the United States of America, and France emerging as the top exporting countries. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market landscape. The Compound Annual Growth Rate (CAGR) from 2020 to 2024 stood at a robust 6.5%, with a notable growth spurt of 34.02% from 2023 to 2024. This data underscores the strong demand for artificial abrasives in Cape Verde and highlights the diverse range of countries contributing to the market`s growth.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cape Verde Artificial Abrasives Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Artificial Abrasives Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Artificial Abrasives Market - Industry Life Cycle |
3.4 Cape Verde Artificial Abrasives Market - Porter's Five Forces |
3.5 Cape Verde Artificial Abrasives Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Cape Verde Artificial Abrasives Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cape Verde Artificial Abrasives Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Cape Verde Artificial Abrasives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry in Cape Verde, leading to increased demand for artificial abrasives in building and infrastructure projects. |
4.2.2 Expansion of the manufacturing sector in Cape Verde, driving the need for artificial abrasives for various production processes. |
4.2.3 Increasing focus on industrial automation and technological advancements, which may require artificial abrasives for precision manufacturing. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the production cost of artificial abrasives. |
4.3.2 Competition from natural abrasives in the market, posing a challenge to the growth of artificial abrasives. |
4.3.3 Regulatory constraints and environmental concerns related to the use and disposal of artificial abrasives. |
5 Cape Verde Artificial Abrasives Market Trends |
6 Cape Verde Artificial Abrasives Market Segmentations |
6.1 Cape Verde Artificial Abrasives Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Artificial Abrasives Market Revenues & Volume, By Synthetic Diamond, 2021-2031F |
6.1.3 Cape Verde Artificial Abrasives Market Revenues & Volume, By Cbn, 2021-2031F |
6.1.4 Cape Verde Artificial Abrasives Market Revenues & Volume, By Silicon Nitride, 2021-2031F |
6.1.5 Cape Verde Artificial Abrasives Market Revenues & Volume, By Carbides, 2021-2031F |
6.1.6 Cape Verde Artificial Abrasives Market Revenues & Volume, By Ceramic Metal Oxides, 2021-2031F |
6.1.7 Cape Verde Artificial Abrasives Market Revenues & Volume, By Steel Abrasive, 2021-2031F |
6.2 Cape Verde Artificial Abrasives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Artificial Abrasives Market Revenues & Volume, By Raw Abrasives, 2021-2031F |
6.2.3 Cape Verde Artificial Abrasives Market Revenues & Volume, By Coatings, Cutting & Grinding, 2021-2031F |
6.2.4 Cape Verde Artificial Abrasives Market Revenues & Volume, By Lapping & Polishing, 2021-2031F |
6.2.5 Cape Verde Artificial Abrasives Market Revenues & Volume, By Others, 2021-2031F |
6.3 Cape Verde Artificial Abrasives Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Artificial Abrasives Market Revenues & Volume, By Machinery, 2021-2031F |
6.3.3 Cape Verde Artificial Abrasives Market Revenues & Volume, By Electrical & Electronic Equipment, 2021-2031F |
6.3.4 Cape Verde Artificial Abrasives Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.5 Cape Verde Artificial Abrasives Market Revenues & Volume, By Metal Fabrication, 2021-2031F |
6.3.6 Cape Verde Artificial Abrasives Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Artificial Abrasives Market Import-Export Trade Statistics |
7.1 Cape Verde Artificial Abrasives Market Export to Major Countries |
7.2 Cape Verde Artificial Abrasives Market Imports from Major Countries |
8 Cape Verde Artificial Abrasives Market Key Performance Indicators |
8.1 Average selling price (ASP) of artificial abrasives in Cape Verde. |
8.2 Adoption rate of advanced manufacturing technologies in industries using artificial abrasives. |
8.3 Rate of investment in infrastructure development projects that require artificial abrasives. |
9 Cape Verde Artificial Abrasives Market - Opportunity Assessment |
9.1 Cape Verde Artificial Abrasives Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Cape Verde Artificial Abrasives Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cape Verde Artificial Abrasives Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Cape Verde Artificial Abrasives Market - Competitive Landscape |
10.1 Cape Verde Artificial Abrasives Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Artificial Abrasives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |