The Global Polishing Cloth Market was valued at US$ 529.7 million in 2022 and is projected to reach US$ 730.5 million by 2030
BURLINGAME, CALIFORNIA, UNITED STATES, July 26, 2024 /
EINPresswire.com/ -- Market Overview:
Polishing cloths are made from cotton or microfiber materials and are used to polish surfaces like wood, metal, glass, paint etc. to a high gloss or shine. They are used for polishing in applications like automotive, industrial equipment maintenance and household cleaning.
Market Dynamics:
The global polishing cloth market is expected to witness significant growth over the forecast period owing to rising automotive production and increasing industrial equipment maintenance activities. The automotive industry is growing globally which will drive the demand for polishing cloths that are used to polish and maintain the appearance of automotive bodies and components. Additionally, constant wear and tear of industrial machinery parts will also augment the replacement demand for polishing cloths that are used for equipment maintenance purposes. Growth in manufacturing sector worldwide is another factor fueling the sales of polishing cloths.
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Stringent Environmental Regulations Pose Challenge
One of the major challenges restraining the growth of polishing cloth market is the implementation of stringent environmental regulations regarding raw material procurement and disposal of used polishing cloths. This is because most commonly used polishing cloth materials like nylon, polyester and cotton release microplastic particles into waterways during the polishing process, posing threat to aquatic life. Similarly, landfilling or incineration of discarded polishing cloths also pollute the environment. Thus, manufacturers have to abide by various regulatory compliances around resource optimization and waste management which increases production costs.
Emergence of Organic and Biodegradable Polishing Cloths Offers Opportunity
The rising environmental consciousness among consumers and push for sustainability have opened up new opportunities for players engaged in development of eco-friendly polishing cloth variants. The introduction of organic and biodegradable polishing cloths made from natural fibers like bamboo, hemp and wood pulp address both environmental and health concerns. They are gaining popularity due to properties like minimum microplastics release and compostability. This fast growing niche segment within the polishing cloth market is attracting many new entrants and investments. Sustainable cloths made from agricultural waste could be a game changer and help revive the flagging fortunes amid stringent rules.
Increasing Automation and Robotics Foster Vision Processing Trend
Advanced automation through robotics and machine vision systems have became pervasive across many end-user industries including electronics and automotive manufacturing over last few years. An emerging trend benefiting polishing cloth industry is the shift towards polishing cloths specialized for vision processing applications in automated production lines. These cloths are engineered to leave very minimal fibers or residues, thus avoiding issues in optical inspection systems. Leading players are engaged in developing cloths that provide superior surface quality and clarity for precision robot polishing and inspection tasks. The proliferating implementation of Industry 4.0 technologies will further accentuate this trend.
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Top Companies Featured in This Report:
★ 3M Company
★ Saint-Gobain Abrasives
★ Mirka Ltd.
★ Keystone Abrasives
★ Hermes Abrasives Ltd.
★ Carborundum Universal Limited
★ KLINGSPOR Abrasives Inc.
★ ARC Abrasives Inc.
★ Indasa USA Inc.
★ Schaffner Manufacturing Company Inc.
★ Norton Abrasives
★ Meguiar's Inc.
★ Stanley Black & Decker Inc.
★ Deerfos Co., Ltd.,
★ sia Abrasives Industries AG
Market Segmentation:
By Product Type:
★ By Product Type: Woven Polishing Cloth and Non-Woven Polishing Cloth
★ By Material Type: Cotton, Microfiber, Synthetic Fiber, Wool, and Others
★ By End User: Automotive, Aerospace, Electronics, Metalworking, Healthcare and Medical, Construction, and Others
Key Regions/Countries Classified as Follows:
» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
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Report Highlights:
📈 Examination of navigation keyword market share at both country and regional levels
📈 Thorough analysis of the competitive landscape and emerging trends
📈 Detailed review of product advancements, technological developments, drivers, and limitations
📈 Strategic recommendations tailored for key business segments based on market insights
📈 Valuable guidance for newcomers venturing into the navigation keyword market
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Author Bio:
Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights.
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