In 2013, the total amount of global abrasive consumption will exceed 38 billion U.S. dollars

It is predicted that the consumption of abrasives in the world will increase by 5.9 percent annually and will reach 38 billion U.S. dollars by 2013. The first regions to achieve growth are Asia, Middle East/Africa, Eastern Europe and Latin America. The demand for abrasives in the four regions will exceed that of the United States, Japan, and Western Europe. The consumption of abrasives is mainly due to the steady growth of the economy and the steady development of industries, which has led to the continuous expansion of the production of durable consumer goods and the increase in investment in fixed assets. China, India, and Russia account for a larger share of abrasive sales. In particular, China will replace the United States and become the world's largest abrasive consumer market. It is expected that by 2013 China's consumption of abrasives will account for two-thirds of the global demand for new products. Sales in Thailand and Indonesia in Southeast Asia will also show good growth.

The development of the world's abrasives market is not optimistic compared to developing countries. Its economic growth is weak, and the growth of durable consumer goods production scale is slow. It is estimated that the demand for abrasives in the United States, Italy and France will grow by less than 1% by 2013, and the consumption demand for abrasives in Japan, Germany and the United Kingdom will show a downward trend. The end result is that the per capita consumption of abrasives purchased will increase as the cost of production of various products increases. The sales of abrasives in Canada, South Korea, and Spain are expected to develop relatively steadily with the economy and increase demand. In industrialized regions, the industrial output of these three countries has been leading.

The global consumer demand for abrasives is mainly non-metallic abrasive products, including: bonded abrasives, coated abrasives and abrasives, and polishing powders. It is expected that non-metallic abrasive sales will account for most of the market by 2013 and will surpass sales of metal abrasives, such as steel shot blasting, steel sand, wire brushes and grinding wheels. The durable consumer goods market is undoubtedly the largest sales target for abrasives, accounting for two-thirds of the total demand for abrasive products. The above global grinding tool consumption trends and analysis are forecasted by the relevant statistical data made by an authoritative industry research institute in the United States.