Product Code: ETC046327 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Singapore Abrasive Blasting Media market is estimated to reach a market value of USD 84 million in 2021 and is projected to register a CAGR of 5.6% during the forecast period (2021-2026). The abrasive blasting media are materials used for cleaning, smoothing, or polishing hard surfaces. It has been observed that this demand from end-users such as transportation, aerospace & defense, ETC, is rising due to increasing investments towards infrastructure development projects across the country. Moreover, rapid industrialization combined with shifting manufacturing operations offshore has enabled increased investment into machinery and equipment replacement activities which further drives the growth of abrasive blasting media in Singapore.
Rapid industrialization coupled with favorable government policies have enabled increased investment into machinery and equipment replacement activities which further drives the growth of abrasive blasting media in Singapore.Growing adoption by automotive industry owing to strict regulations regarding safety standards set by governing bodies like Automotive Industry Standards Committee (AISC).Increasing use of automation technologies leading to greater efficiency levels while sandblasting process for various applications
Volatility in prices raw material affecting product cost structures significantly
Some major players operating within Singapore Abrasive Blasting Media Market include 3M Company, Saint Gobain SA, PanBlast Pte Ltd, BlastOne International Pty Ltd amongst others.
The outbreak of Covid-19 virus pandemic globally had a significant impact on global markets including Singapore Abrasive Blasting Media Market resulting in steep decline primarily due to temporary disruption caused by shutdowns imposed by governments along with declining consumer confidence among customers resulted in reduced spending power. However long term impacts are expected to be relatively less severe as demand will gradually recover over time once situation normalizes completely worldwide.
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 Singapore Abrasive Blasting Media Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Abrasive Blasting Media Market Revenues & Volume, 2020 & 2030F |
3.3 Singapore Abrasive Blasting Media Market - Industry Life Cycle |
3.4 Singapore Abrasive Blasting Media Market - Porter's Five Forces |
3.5 Singapore Abrasive Blasting Media Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Singapore Abrasive Blasting Media Market Revenues & Volume Share, By Application, 2020 & 2030F |
3.7 Singapore Abrasive Blasting Media Market Revenues & Volume Share, By End-Use Industry, 2020 & 2030F |
4 Singapore Abrasive Blasting Media Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Abrasive Blasting Media Market Trends |
6 Singapore Abrasive Blasting Media Market, By Types |
6.1 Singapore Abrasive Blasting Media Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Abrasive Blasting Media Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 Singapore Abrasive Blasting Media Market Revenues & Volume, By Silica/Si Sand, 2020-2030F |
6.1.4 Singapore Abrasive Blasting Media Market Revenues & Volume, By Aluminum Oxide Grit, 2020-2030F |
6.1.5 Singapore Abrasive Blasting Media Market Revenues & Volume, By Coal Sag, 2020-2030F |
6.1.6 Singapore Abrasive Blasting Media Market Revenues & Volume, By Corn Cob Grit, 2020-2030F |
6.1.7 Singapore Abrasive Blasting Media Market Revenues & Volume, By Glass Beads, 2020-2030F |
6.1.8 Singapore Abrasive Blasting Media Market Revenues & Volume, By Acrylic, 2020-2030F |
6.1.9 Singapore Abrasive Blasting Media Market Revenues & Volume, By Silicon Carbide, 2020-2030F |
6.1.10 Singapore Abrasive Blasting Media Market Revenues & Volume, By Silicon Carbide, 2020-2030F |
6.2 Singapore Abrasive Blasting Media Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Singapore Abrasive Blasting Media Market Revenues & Volume, By Paint Spraying & Coating, 2020-2030F |
6.2.3 Singapore Abrasive Blasting Media Market Revenues & Volume, By Communication, 2020-2030F |
6.2.4 Singapore Abrasive Blasting Media Market Revenues & Volume, By Aircraft Maintenance, 2020-2030F |
6.2.5 Singapore Abrasive Blasting Media Market Revenues & Volume, By Construction, 2020-2030F |
6.2.6 Singapore Abrasive Blasting Media Market Revenues & Volume, By Metalworking, 2020-2030F |
6.2.7 Singapore Abrasive Blasting Media Market Revenues & Volume, By Home Appliances, 2020-2030F |
6.3 Singapore Abrasive Blasting Media Market, By End-Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Singapore Abrasive Blasting Media Market Revenues & Volume, By Automotive, 2020-2030F |
6.3.3 Singapore Abrasive Blasting Media Market Revenues & Volume, By Building & Construction, 2020-2030F |
6.3.4 Singapore Abrasive Blasting Media Market Revenues & Volume, By Industrial, 2020-2030F |
6.3.5 Singapore Abrasive Blasting Media Market Revenues & Volume, By Consumer, 2020-2030F |
6.3.6 Singapore Abrasive Blasting Media Market Revenues & Volume, By Aviation, 2020-2030F |
6.3.7 Singapore Abrasive Blasting Media Market Revenues & Volume, By Others, 2020-2030F |
7 Singapore Abrasive Blasting Media Market Import-Export Trade Statistics |
7.1 Singapore Abrasive Blasting Media Market Export to Major Countries |
7.2 Singapore Abrasive Blasting Media Market Imports from Major Countries |
8 Singapore Abrasive Blasting Media Market Key Performance Indicators |
9 Singapore Abrasive Blasting Media Market - Opportunity Assessment |
9.1 Singapore Abrasive Blasting Media Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Singapore Abrasive Blasting Media Market Opportunity Assessment, By Application, 2020 & 2030F |
9.3 Singapore Abrasive Blasting Media Market Opportunity Assessment, By End-Use Industry, 2020 & 2030F |
10 Singapore Abrasive Blasting Media Market - Competitive Landscape |
10.1 Singapore Abrasive Blasting Media Market Revenue Share, By Companies, 2023 |
10.2 Singapore Abrasive Blasting Media Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |