Super Abrasive Market By Material Type (Diamond, Cubic Boron Nitride [CBN], Others [e.g., polycrystalline super abrasives]); By Product Type (Grinding Wheels, Cutting Tools, Lapping Compounds, Polishing Wheels, Others [e.g., honing stones, drilling bits]); By Application (Automotive, Aerospace, Electronics & Semiconductors, Medical Devices, Oil & Gas, Construction, Metalworking, Others [e.g., ceramics, mining]); By End-use Industry (Industrial Manufacturing, Healthcare, Consumer Goods, Energy & Power); By Geography, Segment revenue estimation, Forecast, 2024-2032.

The super abrasives market was worth USD 6.5 billion in 2023 and will be worth USD 9.8 billion by 2030, growing at a CAGR of 6.1% during the forecast period.

 

The Super Abrasives market has been growing because of the need for more accurate products and advanced industry materials. According to the automotive industry, in 2023, the automobile manufacturing industry experienced a great growth period, up to 85 million units of automobile production per year, creating a great demand for super abrasives, especially for the grinding and cutting tools for automobile engines and precise auto parts. Products, including diamond and CBN super abrasives, are extremely durable and useful in applications requiring higher tolerance standards. One such advancement is the use of super abrasives in the semiconductor industry since the need for ultra-precision manufacturing can be seen due to the increased use of smaller and more intricate electronic devices. For instance, the electronics industry, where manufacturers are applying super abrasive grinding wheels on wafer dicing, is increasing the demand for super abrasives as grinding tools and high-tech tools.

 

One of the big opportunities that exist in the Super Abrasives market is in the growing semiconductor electronics industries, where accuracy and hardness are paramount. The semiconductor market is expected to increase by more than 8% per year globally and needs durable tools, such as super abrasive tools for slicing, grinding, and polishing wafers. For example, diamond-based super abrasives are increasingly used in manufacturing silicon wafers for microchips, as they offer superior cutting precision and longevity compared to conventional materials. A recent development includes super abrasives in producing 5G and AI components, increasing the demand for ultra-precision tools in these rapidly advancing industries.

 

 

Market Segmentation

By Material Type:

• Diamond

• Cubic Boron Nitride (CBN)

• Others (e.g., polycrystalline super abrasives)

 

By Product Type:

• Grinding Wheels

• Cutting Tools

• Lapping Compounds

• Polishing Wheels

• Others (e.g., honing stones, drilling bits)

 

By Application:

• Automotive

• Aerospace

• Electronics & Semiconductors

• Medical Devices

• Oil & Gas

• Construction

• Metalworking

• Others (e.g., ceramics, mining)

 

By End-use Industry:

• Industrial Manufacturing

• Healthcare

• Consumer Goods

• Energy & Power

 

By Region

North America

• US

• Mexico

• Canada

• Rest of North America

 

Europe

• Switzerland

• Russia

• France

• Germany

• U.K

• Finland

• Turkey

• Netherlands

• Belgium

• Spain

• Italy

• Rest of Europe

 

Asia Pacific

• India

• China

• South Korea

• Japan

• Singapore

• Thailand

• Indonesia

• Malaysia

• Philippines

• Australia

• Rest of Asia-Pacific

 

LAMEA

• Brazil

• Argentina

• Uruguay

• Saudi Arabia

• Rest of LAMEA

 

Segment Analysis for the Super Abrasives Market

By Material Type:

Leading Segment: Diamond

Diamond-based super abrasives dominate the market, holding over 50% of the revenue share. This is attributed to their superior hardness, durability & thermal conductivity, making them ideal for applications such as grinding, cutting & polishing in precision industries like aerospace & electronics. Diamond grinding wheels are extensively used in semiconductor wafer manufacturing due to their high precision & efficiency.

Fastest-Growing Segment: Cubic Boron Nitride (CBN)

CBN is growing at a CAGR of 9.5%, driven by its effectiveness in cutting ferrous materials where diamonds are less effective. The material’s high thermal stability & wear resistance make it a preferred choice for automotive & aerospace applications. CBN cutting tools are widely used in machining components like engine blocks & transmission systems in the automotive sector.

 

By Product Type:

Leading Segment: Grinding Wheels

Grinding wheels account for approximately 40% of the market share, making them the leading product type. Their widespread application across industries like construction, metalworking & electronics for precision surface finishing contributes to their dominance. Companies such as Norton Abrasives provide a variety of diamond & CBN grinding wheels for industrial use.

Fastest-Growing Segment: Cutting Tools

Cutting tools are expanding rapidly at a CAGR of 10.2%, fueled by their growing adoption in high-precision manufacturing processes, especially in automotive & aerospace industries. For instance, advanced CBN cutting tools are extensively used in machining superalloys for turbine blades in aerospace.

 

By Application:

Leading Segment: Automotive

The automotive sector leads the market with a share exceeding 30%, driven by the need for precision machining & grinding in manufacturing critical components like gears, engine parts & brake systems. Automotive manufacturers like Ford & Toyota rely heavily on super abrasives for enhanced production efficiency & reduced tool wear.

Fastest-Growing Segment: Electronics & Semiconductors

The electronics and semiconductor segment is witnessing the highest growth, with a CAGR of 11.8%. This growth is propelled by the increasing demand for high-precision machining in semiconductor fabrication, where diamond lapping and polishing compounds are essential for wafer thinning and surface finishing. For example, companies like TSMC use diamond-based super abrasives in chip manufacturing.

 

By End-Use Industry:

Leading Segment: Industrial Manufacturing

Industrial manufacturing dominates with over 40% market share, as super abrasives are critical for machining hard materials in various industries, including metalworking, construction, and heavy equipment. Manufacturers like General Electric use super abrasives for machining turbine components and other industrial applications.

Fastest-Growing Segment: Healthcare

The healthcare sector is growing at a CAGR of 10.5%, driven by the rising adoption of super abrasives in medical device manufacturing. Applications include machining and polishing implants, surgical instruments, and dental tools. For example, diamond-tipped tools are used in manufacturing precision dental drills and orthopedic implants.

 

By Region:

Leading Region: Asia Pacific

Asia Pacific holds the largest market share, exceeding 40%, driven by the presence of manufacturing hubs in China, Japan & India. The region’s dominance is attributed to its booming automotive & electronics industries. For example, China’s rapid expansion in electric vehicle production has significantly boosted the demand for super abrasives in precision machining.

Fastest-Growing Region: North America

North America is growing at a CAGR of 9.8%, supported by advancements in aerospace, healthcare & energy sectors. The U.S. leads the regional market with increasing investments in superalloy machining for aerospace and renewable energy applications. For example, Boeing uses CBN-based grinding wheels for precision machining of aircraft components.

 

Key Players

• 3M

• Saint-Gobain

• Asahi Diamond Industrial Co., Ltd.

• Element Six

• Tyrolit Schleifmittelwerke Swarovski K.G.

• Henan Huanghe Whirlwind Co., Ltd.

• Hyperion Materials & Technologies

• Carborundum Universal Limited (CUMI)

• Sandeep Engineers

• Diacut Inc.

 

Super Abrasives Market Report Coverage

Report Attribute	Details
Forecast Period	2023 – 2030
Market Size Value in 2023	USD 6.5 billion
Revenue Forecast in 2030	USD 9.8 billion
Overall Growth Rate	CAGR of 6.1%
Base Year for Estimation	2022
Historical Data	2017 – 2021
Unit	USD Billion, CAGR (2023 - 2030)
Segmentation	By Material Type, By Product Type, By Application, By Region
By Material Type	Diamond, Cubic Boron Nitride (CBN)
By Product Type	Grinding Wheels, Cutting Tools, Lapping Compounds
By Application	Automotive, Electronics, Aerospace
By Region	North America, Europe, Asia-Pacific, LAMEA
Country Scope	US, Canada, UK, Germany, France, China, Japan, India, South Korea, Australia, etc.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs.