Smooth out: Residential construction activity will grow and modestly expand industry revenue

Over the past five years, a slight expansion in Canadian industrial production combined with robust demand from international markets has helped lead to improving industry performance, and overall industry revenue has risen. The Abrasive and Sandpaper Manufacturing industry in Canada is closely connected to the US economy due to its proximity and the sheer size of downstream markets in the United States. As a result, the industry has experienced a lift over the last five years due to strong growth from US residential housing markets. Further, a depreciating domestic currency has made industry products more competitive abroad, and alongside strong demand from US products this has led to rising export figures and a corresponding increase in industry revenue...read more.

Industry Statistics & Market Size
Revenue
$417m
Annual Growth 13-18
1.7%
Forecast Growth 18-23
Profit
Employment
1,069
Businesses
55

Industry Threats & Opportunities

  • The industry will benefit from greater construction activity, but will continue to endure pressure from imports
  • Rising construction markets increased demand for abrasives in the building markets
  • Operators will benefit from continued growth in the construction sector
  • Industry Report - Industry Analysis Chapter

    Abrasives are used for grinding, cutting, blending, sanding and finishing processes in a variety of industries, including custom wood construction, metal fabrication and automotive and aerospace manufacturing. As a result, revenue for the Abrasive and Sandpaper Manufacturing industry in Canada is ultimately dependent on construction, industrial and manufacturing activity. International trade also plays a key role for this industry, as due to the size and scale of these downstream markets in the United States, exports have historically accounted for over half of total industry revenue.In the years leading up to the reporting period, the industry expanded, with a rising number of industry facilities leading to increased employment and output. Ove...purchase to read more.

    Additional Insights for the Abrasive & Sandpaper Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Abrasive & Sandpaper Manufacturing Industry are

  • Access to high quality inputs
  • Effective quality control
  • Proximity to key markets
  • IBISWorld analysts also discuss how external factors such as Industrial capacity utilization and Canadian-dollar effective exchange rate index in the Abrasive & Sandpaper Manufacturing industry impact industry performance..

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    What's in this report

    What is the Abrasive & Sandpaper Manufacturing Industry?

    This industry manufactures natural and synthetic abrasive products including grinding wheels; coated or bonded materials; sandpaper and other abrasives. Abrasive products are made from a variety of raw materials (e.g. diamonds, garnet and silica sand); manufactured minerals (e.g. fused alumina and silicon carbide); superabrasives (e.g. synthetic diamond) and metal abrasives (e.g. steel shot, grit and sand).

    Industry Products
  • Coated abrasives
  • Bonded abrasives
  • Abrasive grains
  • Metal abrasives
  • Other abrasive products
  • Industry Activities
  • Polishing and grinding wheels
  • Buffing wheels, polishing wheels and laps
  • Sandpaper
  • Textile-backed abrasive product
  • Nonmetallic abrasive product including diamond abrasives
  • Nonmetallic sized grains, powders and flour abrasives
  • Metal abrasives
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Industrial capacity utilization
  • Canadian-dollar effective exchange rate index
  • Value of nonresidential construction
  • Value of residential construction
  • Demand from car and automobile manufacturing
  • Demand from mining (except oil and gas)

  • Current Performance
  • Downstream domestic markets
  • Importance of trade
  • Industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Downstream demand
  • Trade activity winds down
  • Profit and participation
  • Table: Abrasive & Sandpaper Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Abrasive & Sandpaper Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Mining In Canada
  • Construction In Canada
  • Wood Panelling Manufacturing in Canada
  • Metal Pipe & Tube Manufacturing in Canada
  • Machine Shop Services in Canada
  • Car & Automobile Manufacturing in Canada
  • Car Body Shops in Canada

  • Key Selling Industries
  • Adhesive Manufacturing in Canada
  • Mining In Canada
  • Paper Mills in Canada
  • Sand & Gravel Mining in Canada
  • Stone Mining in Canada
  • Textile Mills in Canada

  • Products & Services
  • Coated abrasives
  • Bonded abrasives
  • Abrasive grains
  • Metal abrasives
  • Other abrasive products
  • Chart: Abrasive & Sandpaper Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Exports
  • Manufacturing
  • Construction markets
  • Mining and stone cutting
  • Chart: Major Market Segmentation for the Abrasive & Sandpaper Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Abrasive & Sandpaper Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Abrasive & Sandpaper Manufacturing Industry

  • Industry Globalization
    The 3M Company, Compagnie de Saint-Gobain,
  • Table: The 3M Company - financial performance
  • Table: Compagnie de Saint-Gobain - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Abrasive & Sandpaper Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Abrasive & Sandpaper Manufacturing Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)
  • Canadian-dollar effective exchange rate index (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Abrasives
  • Extremely hard materials which are used to shape other materials by grinding and used either as coatings on cloth or paper, as loose grains or as grinding wheels.
  • Bonded Abrasives
  • Abrasives commonly founded in grinding wheels and used for applications, such as grinding, sharpening and cutting.
  • Coated Abrasives
  • Abrasives commonly used in sanding belts, discs and sheets and used in a range of surface treatment applications, such as woodworking and floor sanding.
  • Ferrous
  • Metals that include the presence of iron.
  • Nonferrous
  • Metals other than iron and alloys that do not contain an appreciable amount of iron.
  • What Our Customers Say

    Why buy this report?

    The Abrasive & Sandpaper Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Abrasive & Sandpaper Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Abrasive & Sandpaper Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Abrasive & Sandpaper Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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