| Product Code: ETC423465 | Publication Date: Oct 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Nigeria continued to rely heavily on imports of artificial abrasives, with top exporters including China, South Korea, Italy, Turkey, and the USA. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). Despite a notable decline in the compound annual growth rate (CAGR) from 2020 to 2024, the industry saw a significant rebound in growth from 2023 to 2024, indicating a potential resurgence in demand for artificial abrasives in the Nigerian market.

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 Nigeria Artificial Abrasives Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Artificial Abrasives Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Artificial Abrasives Market - Industry Life Cycle |
3.4 Nigeria Artificial Abrasives Market - Porter's Five Forces |
3.5 Nigeria Artificial Abrasives Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Nigeria Artificial Abrasives Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Nigeria Artificial Abrasives Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Nigeria Artificial Abrasives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction and infrastructure projects in Nigeria, leading to increased demand for artificial abrasives. |
4.2.2 Expansion of manufacturing sector in Nigeria, driving the need for artificial abrasives in various applications. |
4.2.3 Adoption of advanced technologies and automation in industries, boosting the usage of artificial abrasives for precision manufacturing processes. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the production cost of artificial abrasives. |
4.3.2 Lack of skilled labor for handling and operating advanced artificial abrasive machinery. |
4.3.3 Regulatory challenges and environmental concerns related to the disposal of used artificial abrasives. |
5 Nigeria Artificial Abrasives Market Trends |
6 Nigeria Artificial Abrasives Market, By Types |
6.1 Nigeria Artificial Abrasives Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Artificial Abrasives Market Revenues & Volume, By Product, 2021 - 2031F |
6.1.3 Nigeria Artificial Abrasives Market Revenues & Volume, By Synthetic Diamond, 2021 - 2031F |
6.1.4 Nigeria Artificial Abrasives Market Revenues & Volume, By Cbn, 2021 - 2031F |
6.1.5 Nigeria Artificial Abrasives Market Revenues & Volume, By Silicon Nitride, 2021 - 2031F |
6.1.6 Nigeria Artificial Abrasives Market Revenues & Volume, By Carbides, 2021 - 2031F |
6.1.7 Nigeria Artificial Abrasives Market Revenues & Volume, By Ceramic Metal Oxides, 2021 - 2031F |
6.1.8 Nigeria Artificial Abrasives Market Revenues & Volume, By Steel Abrasive, 2021 - 2031F |
6.2 Nigeria Artificial Abrasives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Artificial Abrasives Market Revenues & Volume, By Raw Abrasives, 2021 - 2031F |
6.2.3 Nigeria Artificial Abrasives Market Revenues & Volume, By Coatings, Cutting & Grinding, 2021 - 2031F |
6.2.4 Nigeria Artificial Abrasives Market Revenues & Volume, By Lapping & Polishing, 2021 - 2031F |
6.2.5 Nigeria Artificial Abrasives Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Nigeria Artificial Abrasives Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Artificial Abrasives Market Revenues & Volume, By Machinery, 2021 - 2031F |
6.3.3 Nigeria Artificial Abrasives Market Revenues & Volume, By Electrical & Electronic Equipment, 2021 - 2031F |
6.3.4 Nigeria Artificial Abrasives Market Revenues & Volume, By Transportation, 2021 - 2031F |
6.3.5 Nigeria Artificial Abrasives Market Revenues & Volume, By Metal Fabrication, 2021 - 2031F |
6.3.6 Nigeria Artificial Abrasives Market Revenues & Volume, By Others, 2021 - 2031F |
7 Nigeria Artificial Abrasives Market Import-Export Trade Statistics |
7.1 Nigeria Artificial Abrasives Market Export to Major Countries |
7.2 Nigeria Artificial Abrasives Market Imports from Major Countries |
8 Nigeria Artificial Abrasives Market Key Performance Indicators |
8.1 Average utilization rate of artificial abrasives in key industries in Nigeria. |
8.2 Rate of adoption of advanced artificial abrasive technologies in manufacturing sectors. |
8.3 Percentage of revenue invested in research and development for improving artificial abrasive products. |
8.4 Efficiency ratio of artificial abrasive usage in manufacturing processes. |
9 Nigeria Artificial Abrasives Market - Opportunity Assessment |
9.1 Nigeria Artificial Abrasives Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Nigeria Artificial Abrasives Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Nigeria Artificial Abrasives Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Nigeria Artificial Abrasives Market - Competitive Landscape |
10.1 Nigeria Artificial Abrasives Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Artificial Abrasives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |