The North America Abrasive Paper Market would witness market growth of 4.0% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 708.00 kilo tonnes, showcasing a growth of 19.4% (2020-2023).
Abrasive paper tailored for automotive polishing is specifically engineered to address the unique requirements of this application, offering high-performance abrasive grains and durable backing materials. Thus, the Canada market is expected to utilize 33.89 kilo tonnes of abrasive paper in automotive polishing application by 2031.
The US market dominated the North America Abrasive Paper Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,010.7 million by 2031. The Canada market is experiencing a CAGR of 6.2% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 5.3% during (2024 - 2031).
The market refers to the industry involved in the manufacturing, distribution, and sale of abrasive paper products. It is also known as sandpaper, is a versatile abrasive material used for sanding, grinding, polishing, and finishing various surfaces in industries such as automotive, construction, metalworking, woodworking, and electronics. It finds extensive application across diverse industries, each leveraging its unique properties to achieve desired outcomes. In metalworking, abrasive paper is employed for deburring, polishing, and surface-finishing metallic components. Whether preparing a surface for painting or smoothing out imperfections in welded joints, abrasive paper ensures precision and quality in metal fabrication processes.
Similarly, abrasive paper is an indispensable tool for shaping, sanding, and polishing wood surfaces in woodworking. From rough sanding of raw lumber to fine finishing of furniture pieces, abrasive paper facilitates the transformation of wood into refined, smooth, and aesthetically pleasing products. Its ability to conform to various contours and surfaces makes it an ideal choice for woodworking artisans and manufacturers.
It is essential for sanding, smoothing, leveling, and polishing surfaces before painting, staining, or sealing. The higher construction activity in Canada increases the demand for its products to meet these surface finishing needs. According to Statistics Canada, building construction investment rose 1.7% to $19.8 billion in November 2023. The residential sector grew 2.2% to $13.7 billion, while non-residential sector investment increased 0.4% to $6.0 billion.
Free Valuable Insights: The Abrasive Paper Market is Predict to reach USD 6.1 Billion by 2031, at a CAGR of 4.2%
Based on Application, the market is segmented into Wood Processing, Metal Polishing, Automotive Polishing, Painting & Finishing, Electronic Product, and Others. Based on Abrasive Grain, the market is segmented into Aluminium Oxide, Silicon Carbide, Diamond, Zirconia Alumina, and Others. Based on Type, the market is segmented into Dry Abrasive Paper, Wet Abrasive Paper, Sponge Abrasive Paper, Dust Free, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Abrasive Grain (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Type (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)
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