| Source: Rationalstat LLC Rationalstat LLC
Wilmington, Delaware, UNITED STATES
Wilmington,Delaware, Aug. 14, 2023 (GLOBE NEWSWIRE) — Sandblasting media demand is being driven by the rise of industries such as manufacturing, construction, and automotive. To assure high-quality finishes and coatings, these industries require effective surface preparation and cleaning processes, which sandblasting delivers. Continuous R&D efforts are resulting in the development of more efficient and effective abrasives, which improve the performance of sandblasting operations and drive adoption.
Market Scope and Report Overview
Global sandblasting media market is estimated at US$ 6.2 billion in 2022 and is expected to grow at a significant CAGR of over 7.6% over the forecast period of 2019-2028, analysis by RationalStat
Market intelligence for the global sandblasting media market covers market sizes on the basis of market value (US$/EUR Million) and volume (units/tons) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
In addition, the long-term sector and products/services 10-year outlook and its implications on the sandblasting media market. It also includes the industry’s current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
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Global Sandblasting Media Market: Segmental and Market Share Analysis
On the basis of product, aluminum oxide is dominating the market share. Because of its hardness and endurance, is a common abrasive substance used for surface preparation in a variety of applications.
On the basis of industry, more than a fifth of the global market was dominated by the metalworking industry. Metallic abrasives are important for cleaning mill scale residues, casting dirt, pressing & welding or heat treatment work piece, and cleaning non-metal item surfaces.
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Competition Analysis and Market Structure
These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global sandblasting media market include,
Some of the prominent players that contribute significantly to the sandblasting media market growth include Abrasives Inc., ATI Black Diamond Granules Inc., Barton International, Blastech, Crystal Mark Inc., Eisenwerk Würth GmbH, GMA Garnet, Harsco Metals & Minerals, Opta Minerals Inc., and The Chemours Company, among others.
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RationalStat has segmented the global sandblasting media market based on product, industry, and region
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Key Questions Answered in the Sandblasting Media Report:
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About RationalStat LLC
RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client’s needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
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| Source: Rationalstat LLC Rationalstat LLC