Global Superfinishing Stones Market Size was $104.29 Million in 2023

Global Superfinishing Stones Market Overview

According to Global Market Monitor, the global superfinishing stones market size was $104.29 million in 2023 with a CAGR of 4.58% from 2023 to 2028. Superfinishing stones are usually vitrified bonded grindstones, treated with different materials for better performance. The manufacturing process of superfinishing stones includes vitrified bonding, rubber bonding, resin bonding, and flexible PVA bonding. Superfinishing stones are also commonly used in the ultra-precision processing of consumer electronic products, precision mechanical parts, and automotive parts that require ultra-precision and high precision.

Global Superfinishing Stones Market Size

With the rapid development of electronic information, automobiles, home appliances, aerospace, and other emerging industries, as well as machine tools, tools, and other industries, the demand for superfinishing stone applications, which are indispensable in these industries, has grown rapidly. Throughout the development of the industry, as the technology and market have matured, the absolute performance difference has become smaller and smaller, and the production cost factor has begun to be highlighted. Because superfinishing stones can increase the life of parts, reduce wear, smaller tolerances, higher bearing surfaces, better sealing capabilities, and eliminate the interruption of the construction period, and the growth of demand for advanced technology-based machinery, these are expected to promote the market. Super-finished stone is used to provide a smooth surface for various tools and machinery, so regular maintenance of various instruments in the workshop will promote the market.

The main raw materials of superfinishing stones are aluminum oxide, silicon carbide, cubic boron nitride, diamond, and other materials. Raw materials account for a large proportion of product costs, and fluctuations in raw material prices have a greater impact on product profitability. There is still a certain technological gap between the scientific research capabilities and research results of superfinishing stones in less developed countries and the international advanced level, which hinders the development of new superfinishing stones.

By Type

Aluminum Oxide

Silicon Carbide

Cubic Boron Nitride

Diamond

The diamond segment contributesthe largest market share.

By Application

Gear Machining

Shaft

Bearing

Others (Grinding wheels, Superfinishing film

The gear machining segment occupies the biggest share.


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