Market Forecast By Type (Pneumatic Angle Grinders, Pneumatic Straight Grinders), By Application (Metal Processing, Wood Processing, Construction, Others) And Competitive Landscape
Product Code: ETC428608 | Publication Date: Nov 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Bangladesh Pneumatic Grinders Market is anticipated to grow during the forecast period. The market is witnessing an increase in demand owing to their increasing use in various industrial sectors such as fertilizer production, construction, and mining. The market is also being driven by the entry of new players, increase in industrial activity, rising awareness about the benefits of using pneumatic grinders, and infrastructure development. Bangladesh is one of the world’s top users of pneumatic. Additionally, high demand for pneumatic grinders is fuelling the Bangladesh Pneumatic Grinders Market growth. However, high cost associated with raw materials, and lack of highly trained labor are hampering the growth of this market.
According to 6Wresearch, Bangladesh Pneumatic Grinders Market is expected to grow during 2022-2028. The Bangladesh Pneumatic Grinders Market which is a major part of Asia Pacific Pneumatic Grinders Market is witnessing significant growth in the forthcoming years. The key drivers of this market are increasing use of pneumatic grinders in various sectors such as construction and mining, increasing demand for precision tools and equipment, rising awareness about health hazards associated with manual sanding operations, and increasing investment in infrastructure development such as railways and highways. However, high cost of raw materials, limited availability of skilled workforce, and stringent safety regulations hindering the growth of this market.
The COVID-19 pandemic impacted the Bangladesh Pneumatic Grinders Industry in numerous challenging ways. Unlike other industries, the pneumatic grinders also suffered during the pandemic era. The widespread disease halted the production units, factories, and construction industries owing to the lockdown measures and others safety regulations. The pneumatic grinders market is mainly driven by construction industry and this industry is worst-affected by the epidemic.
In terms of Type, the market is bifurcated into Pneumatic Angle Grinders and Pneumatic Straight Grinders. Each type of grinders is growing rapidly.
Based on Application, the market is segmented into Metal Processing, Wood Processing, Construction, and Others. All these segments are growing due to increasing demand for pneumatic grinders.
The market for pneumatic grinders is highly competitive and fragmented with various players competing for Bangladesh Pneumatic Grinders Market share. The Bangladesh Pneumatic Grinder Market is growing steadily during the forecast period. The market is driven by the increasing demand for small and medium-sized businesses, especially in the construction industry, which requires high precision grinding. Furthermore, the increasing number of manufacturing units is also contributing to the growth of the Bangladesh Pneumatic Grinder Market.
The report offers a comprehensive study of the subsequent market segments:
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 Bangladesh Pneumatic Grinders Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Pneumatic Grinders Market Revenues & Volume, 2021 & 2028F |
3.3 Bangladesh Pneumatic Grinders Market - Industry Life Cycle |
3.4 Bangladesh Pneumatic Grinders Market - Porter's Five Forces |
3.5 Bangladesh Pneumatic Grinders Market Revenues & Volume Share, By Type, 2021 & 2028F |
3.6 Bangladesh Pneumatic Grinders Market Revenues & Volume Share, By Application, 2021 & 2028F |
4 Bangladesh Pneumatic Grinders Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bangladesh Pneumatic Grinders Market Trends |
6 Bangladesh Pneumatic Grinders Market, By Types |
6.1 Bangladesh Pneumatic Grinders Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Pneumatic Grinders Market Revenues & Volume, By Type, 2018 - 2028F |
6.1.3 Bangladesh Pneumatic Grinders Market Revenues & Volume, By Pneumatic Angle Grinders, 2018 - 2028F |
6.1.4 Bangladesh Pneumatic Grinders Market Revenues & Volume, By Pneumatic Straight Grinders, 2018 - 2028F |
6.2 Bangladesh Pneumatic Grinders Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Pneumatic Grinders Market Revenues & Volume, By Metal Processing, 2018 - 2028F |
6.2.3 Bangladesh Pneumatic Grinders Market Revenues & Volume, By Wood Processing, 2018 - 2028F |
6.2.4 Bangladesh Pneumatic Grinders Market Revenues & Volume, By Construction, 2018 - 2028F |
6.2.5 Bangladesh Pneumatic Grinders Market Revenues & Volume, By Others, 2018 - 2028F |
7 Bangladesh Pneumatic Grinders Market Import-Export Trade Statistics |
7.1 Bangladesh Pneumatic Grinders Market Export to Major Countries |
7.2 Bangladesh Pneumatic Grinders Market Imports from Major Countries |
8 Bangladesh Pneumatic Grinders Market Key Performance Indicators |
9 Bangladesh Pneumatic Grinders Market - Opportunity Assessment |
9.1 Bangladesh Pneumatic Grinders Market Opportunity Assessment, By Type, 2021 & 2028F |
9.2 Bangladesh Pneumatic Grinders Market Opportunity Assessment, By Application, 2021 & 2028F |
10 Bangladesh Pneumatic Grinders Market - Competitive Landscape |
10.1 Bangladesh Pneumatic Grinders Market Revenue Share, By Companies, 2021 |
10.2 Bangladesh Pneumatic Grinders Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |