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  • Product Name: Global CBN abrasive market demand trend prediction
  • Product ID: Global CBN abrasive market deman
  • Add time: 2017-06-08
  • Views : 324

A global market demand for cubic boron nitride (CBN) abrasives will reach $ 194 million by 2012, according to a report released by Global Industry Analysis at the beginning of 2009, that is, between 2008 and 2012, (CAGR) reached 3.6%, with demand for CBN abrasives growing fastest in the Asia-Pacific region, with CAGR reaching 5.2% during this period. Japan is the main regional market for CBN abrasives and is expected to have a market demand in 2008 $ 42.2 million.

        Although the current economic situation will certainly have some impact on the above forecast, but the report entitled "Global Strategic Business Report: CBN abrasive" report to determine the CBN's recent trend is still very meaningful. The report shows that in some major industries, the amount of CBN will increase. The report also provides a comprehensive review of CBN's global key markets, product innovation and recent industry activities. It also includes the United States, Canada, Japan, France, Germany, UK, Italy, Spain, Russia, Asia Pacific (excluding Japan), the Middle East, Latin America and the rest of the world market data and sales. Analysis of the end-user segmentation industry, including automotive, aerospace, bearings, molds, gears, and CBN in the home appliances, water, medical equipment and other fields.

        The report notes that CBN is becoming the preferred abrasive for most grinding applications because it helps to obtain accurate geometries and dimensions, better surface finish and surface integrity, and shorten processing time. Because it is very suitable for use in CNC grinding machines, so the amount is increasing. In order to take full advantage of the advantages of CBN grinding, get better parts surface finish, structural integrity and longer service life, more and more car manufacturers have chosen CBN grinding wheel to replace the traditional abrasive wheel.
Although the hardness of CBN is second only to diamonds, the excellent performance of CBN superhard abrasives has not been fully utilized due to the lack of understanding and awareness of many people, as well as its high cost and common concern about the adoption of a new product. However, this situation is changing, thanks in large part to the development of CBN grinding systems that can improve grinding efficiency, increase machine run times, shorten the grinding cycle, and improvements in CBN grinding wheel materials.
During the reporting period (2008 - 2012), the automotive industry remained the main end-user segment of the CBN abrasive industry (accounting for more than 27% of the global demand for CBN abrasives) and key growth areas (expected to be the highest 4.3% growth opportunities for CAGR). Of course, the decline in global car sales will reduce the forecast data.