Pune, India -- (SBWIRE) -- 03/26/2018 -- Asia Pacific, Europe, and North America are the major markets in the Global Non-Woven Abrasive Market. Other important regions include the Middle East & Africa. Among the major regions in this market, Asia Pacific is leading the Global Non- Woven Abrasive Market due to surging demand from major end users in the region. The region accounts for nearly 43% share of the global non-woven abrasive market owing to the presence of major key players and a number of end use industries. The major end use industries in this region responsible for driving demand of the product include transportation and building & construction. India, China, and Japan are the leading markets in this region. The governments of developing countries in this region are simplifying the investment laws and streamlining the process to give boost to foreign direct investment (FDI). This, in turn is anticipated to help the region to witness rapid industrialization, which is projected to fuel demand of the product in coming years. There is growing use of abrasives in numerous household applications, along with increasing demand of portable electronic devices such as mobile phone, microwave oven, and refrigerators, among the others. In addition to this, construction activities are steadily rising in this region to cater need of shelter for growing population in developing countries in this region. Collectively, the growing demand of Non-Woven Abrasive from major end use industries in Asia Pacific is driving the regional market forward.

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North America is a substantial region in the Global Non-Woven Abrasive Market, wherein U.S the largest market. An increasing reconstruction activities and well-established automotive industry are favoring the demand of non-woven abrasive in this region. U.S. and Canada are the major contributors to the market in this region.

Europe is another significant region in the Global Non-Woven Abrasive Market, Germany, U.K., and France holding considerable share of the regional market owing to the presence of well-established automotive industry and vast industrialization. The region accounts for world's largest automobile production and this trend is likely to continue throughout the forecast period, which is projected to fuel the demand of non-woven abrasive in this region.

The Middle East & Africa is witnessing steady growth of construction and sports industry. This is attributed to forthcoming FIFA world cup the region is going to host in 2022.

Key Players

3M (U.S.)
Saint-Gobain 1998-2017 (U.S.)
Mirka Ltd. (Canada)
sia Abrasives Industries AG (U.K.)
DEWALT (U.S.)
Hermes Schleifmittel GmbH (Germany)
ARC ABRASIVES, INC. (U.S.)
Zhengzhou Kingshark Abrasives Co., Ltd. (China)
NIHON KENSHI Co., LTD (Japan)
Kanai Juyo Kogyo Co.,Ltd (Japan)
Jiangsu Sanling Abrasive Co., Ltd. (China)
Tailin (Philippines)

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