| Product Code: ETC7538560 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s bonded abrasives import market in 2024 continued to see significant contributions from top exporting countries including China, Thailand, USA, Japan, and Austria. Despite a slight decline in growth rate from 2023 to 2024, the industry maintained a high level of market concentration, as indicated by the high HHI value. With a strong compound annual growth rate (CAGR) of 19.01% from 2020 to 2024, the bonded abrasives sector in India remains a dynamic and competitive market for international suppliers.

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 India Bonded Abrasives Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Bonded Abrasives Market Revenues & Volume, 2021 & 2031F |
3.3 India Bonded Abrasives Market - Industry Life Cycle |
3.4 India Bonded Abrasives Market - Porter's Five Forces |
3.5 India Bonded Abrasives Market Revenues & Volume Share, By Bond Type, 2021 & 2031F |
3.6 India Bonded Abrasives Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Bonded Abrasives Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 India Bonded Abrasives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for precision grinding in industries such as automotive, aerospace, and metal fabrication |
4.2.2 Growth in the construction and manufacturing sectors in India |
4.2.3 Technological advancements leading to improved product quality and efficiency |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Competition from substitute products such as diamond abrasives |
4.3.3 Environmental regulations impacting manufacturing processes |
5 India Bonded Abrasives Market Trends |
6 India Bonded Abrasives Market, By Types |
6.1 India Bonded Abrasives Market, By Bond Type |
6.1.1 Overview and Analysis |
6.1.2 India Bonded Abrasives Market Revenues & Volume, By Bond Type, 2021- 2031F |
6.1.3 India Bonded Abrasives Market Revenues & Volume, By Vitrified Bond, 2021- 2031F |
6.1.4 India Bonded Abrasives Market Revenues & Volume, By Resin Bond, 2021- 2031F |
6.1.5 India Bonded Abrasives Market Revenues & Volume, By Rubber Bond, 2021- 2031F |
6.1.6 India Bonded Abrasives Market Revenues & Volume, By Others, 2021- 2031F |
6.2 India Bonded Abrasives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Bonded Abrasives Market Revenues & Volume, By Polishing, 2021- 2031F |
6.2.3 India Bonded Abrasives Market Revenues & Volume, By Cutting, 2021- 2031F |
6.2.4 India Bonded Abrasives Market Revenues & Volume, By Grinding, 2021- 2031F |
6.2.5 India Bonded Abrasives Market Revenues & Volume, By Others, 2021- 2031F |
6.3 India Bonded Abrasives Market, By End-user Industry |
6.3.1 Overview and Analysis |
6.3.2 India Bonded Abrasives Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.3 India Bonded Abrasives Market Revenues & Volume, By Marine, 2021- 2031F |
6.3.4 India Bonded Abrasives Market Revenues & Volume, By Aerospace, 2021- 2031F |
6.3.5 India Bonded Abrasives Market Revenues & Volume, By Construction, 2021- 2031F |
6.3.6 India Bonded Abrasives Market Revenues & Volume, By Metal Working, 2021- 2031F |
6.3.7 India Bonded Abrasives Market Revenues & Volume, By Others, 2021- 2031F |
7 India Bonded Abrasives Market Import-Export Trade Statistics |
7.1 India Bonded Abrasives Market Export to Major Countries |
7.2 India Bonded Abrasives Market Imports from Major Countries |
8 India Bonded Abrasives Market Key Performance Indicators |
8.1 Average order value per customer |
8.2 Percentage of repeat customers |
8.3 Customer satisfaction index |
8.4 Product innovation rate |
8.5 Market penetration rate in emerging industries |
9 India Bonded Abrasives Market - Opportunity Assessment |
9.1 India Bonded Abrasives Market Opportunity Assessment, By Bond Type, 2021 & 2031F |
9.2 India Bonded Abrasives Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Bonded Abrasives Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 India Bonded Abrasives Market - Competitive Landscape |
10.1 India Bonded Abrasives Market Revenue Share, By Companies, 2024 |
10.2 India Bonded Abrasives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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