A grinding wheel is a wheel composed of an abrasive compound and used for various grinding (abrasive cutting) and abrasive machining operations. Such wheels are used in grinding machines.
The wheels are generally made from a composite material consisting of coarse-particle aggregate pressed and bonded together by a cementing matrix (called the bond in grinding wheel terminology) to form a solid, circular shape. Various profiles and cross sections are available depending on the intended usage for the wheel. They may also be made from a solid steel or aluminium disc with particles bonded to the surface. Today most grinding wheels are artificial composites made with artificial aggregates, but the history of grinding wheels began with natural composite stones, such as those used for millstones.
The Grinding Wheels industry can be broken down into several segments, Resinoid Bond Grinding Wheels, Vitrified Bond Grinding Wheels, Other, etc.
Across the world, the major players cover Klingspor, 3M, Mirka, Noritake, Saint-Gobain, Kure Grinding Wheel (JP), Camel Grinding Wheels (Israel), Tyrolit Group, SHIN-EI Grinding Wheels (JP), DSA Products (England), etc.
Global Grinding Wheels key players include Saint-Gobain, 3M, Noritake, Tyrolit Group, etc. Global top four manufacturers hold a share about 25%.
Europe is the largest market, with a share over 25%, followed by United States and China, both have a share about 40 percent.
In terms of product, Resinoid Bond is the largest segment, with a share over 50%. And in terms of application, the largest application is Bearing & Machinery, followed by Transport Industry, Construction, Steel Industry, etc.

Market Analysis and Insights: Global Grinding Wheels Market
In 2020, the global Grinding Wheels market size was US$ 8888 million and it is expected to reach US$ 10660 million by the end of 2027, with a CAGR of 2.6% during 2021-2027.
Global Grinding Wheels Scope and Market Size
Grinding Wheels market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Grinding Wheels market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

Segment by Materials, the Grinding Wheels market is segmented into
Resinoid Bond Grinding Wheels
Vitrified Bond Grinding Wheels

Segment by Application, the Grinding Wheels market is segmented into
Transport Industry
Construction
Bearing & Machinery
Steel Industry
Other

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape and Grinding Wheels Market Share Analysis
Grinding Wheels market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Grinding Wheels product introduction, recent developments, Grinding Wheels sales by region, type, application and by sales channel.

The major companies include:
Klingspor
3M
Mirka
Noritake
Saint-Gobain
Kure Grinding Wheel
Camel Grinding Wheels
Tyrolit Group
SHIN-EI Grinding Wheels
DSA Products
Andre Abrasive
DK Holdings
Elka
Keihin Kogyosho Co., Ltd
Northern Grinding Wheels