One of the market's key driving factors is growth in the metal fabrication industry as a result of rising demand for pre-engineered buildings and components, as well as developments in the manufacturing sector. Metal fabrication industry growth is also being fueled by rising demand from various end-use industries such as medical, agriculture, automotive, and aerospace. Furthermore, the market is constantly evolving as a result of changing technologies and a scarcity of skilled labor.
Another profitable application for the product is in electrical and electronic equipment, where it is used for slicing and grinding electronic components and various hard materials, such as glass, silicon, zirconia, and quartz, to produce circuit components and compact discs.
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Source:
https://www.coherentmarketinsights.com/ongoing-insight/abrasives-market-2348
