It is estimated that in 2013, the global demand for abrasive products will increase by 5.9%, exceeding US$38 billion to US$38.2 billion. The demand for products from China, Eastern Europe, the Middle East, Africa, and Latin America will far exceed the demand for products from the United States, Western Europe, and Japan, and the big curtain of industrial competition will begin.
For developing countries, the use of abrasives as an accessory in industrial construction, and the increase in the sales of abrasive products are also conducive to promoting the industrialization process and the healthy growth of the economy. As a result, a larger manufacturing output chain has also been formed. In recent years, China's abrasive industry has taken off at a high speed and is gradually on the right track. Although the economic downturn in 2009 caused a major impact on some abrasive abrasive exporters, most companies have no losses, but production and sales have increased slightly. With the economic recovery in 2010, the abrasive industry in China is about to present a prosperous and prosperous scene. In the coming days, China, India, and Russia will become the countries with the largest sales growth in the abrasives industry. By 2013, China will also surpass the United States to become the world's largest producer of abrasives. Production and sales will account for two-thirds of the world's demand for additional products, and Indonesia and Thailand will also have good development.
(The above information is collected by Freedonia Industrial Surveys.)
For developing countries, the use of abrasives as an accessory in industrial construction, and the increase in the sales of abrasive products are also conducive to promoting the industrialization process and the healthy growth of the economy. As a result, a larger manufacturing output chain has also been formed. In recent years, China's abrasive industry has taken off at a high speed and is gradually on the right track. Although the economic downturn in 2009 caused a major impact on some abrasive abrasive exporters, most companies have no losses, but production and sales have increased slightly. With the economic recovery in 2010, the abrasive industry in China is about to present a prosperous and prosperous scene. In the coming days, China, India, and Russia will become the countries with the largest sales growth in the abrasives industry. By 2013, China will also surpass the United States to become the world's largest producer of abrasives. Production and sales will account for two-thirds of the world's demand for additional products, and Indonesia and Thailand will also have good development.
(The above information is collected by Freedonia Industrial Surveys.)