India Grinding Wheels Market (2025-2031) Outlook | Trends, Companies, Revenue, Growth, Industry, Share, Value, Forecast, Size & Analysis

Market Forecast By Type (Straight, Cylinder, Tapered, Recessed, Others), By Material (Natural Abrasives, Artificial Abrasives), By Diameter (00 mm to 100 mm, 100 mm to 1000 mm, 1000 mm and above), By Applications (Cutting, Surface Treatment), By End-use (Construction, Aerospace, Automotive, Medical, Commercial Appliances, Others), By Price (Low, Medium, High), By Distribution Channel (Direct, Indirect) And Competitive Landscape
Product Code: ETC274884 Publication Date: Jul 2023 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

India Grinding Wheels Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India`s import shipments of grinding wheels in 2024 continued to be dominated by top exporting countries such as China, Japan, Germany, Thailand, and Austria. The market concentration, as indicated by the Herfindahl-Hirschman Index (HHI), remained at a very high level, underscoring the stronghold of these key players. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 11.26%, indicating a steady expansion of the market over the years.

India Grinding Wheels Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India Grinding Wheels Market Synopsis

The India grinding wheels market is a crucial segment of the country`s abrasives and surface finishing industry. Grinding wheels are used for various material removal applications, including metal grinding, cutting, and polishing. The market`s growth is driven by the expansion of manufacturing activities and the demand for precision grinding solutions. The rise in automotive production and industrial manufacturing also contributes to the demand for grinding wheels. Key players in the market offer a wide range of grinding wheels with different abrasive materials, grit sizes, and bonding agents to cater to diverse industrial applications and material types.

Market Drivers of the market

The India grinding wheels market is influenced by several key drivers. Firstly, the growth of the manufacturing and industrial sectors in the country fuels the demand for grinding wheels for metalworking, automotive, and construction applications. Grinding wheels are essential tools for abrasive machining and surface finishing processes. Secondly, the expansion of the automotive and aerospace industries drives the market for specialized grinding wheels used in precision grinding and tool sharpening applications. The focus on productivity and quality in manufacturing processes further contributes to the market`s expansion. Additionally, the adoption of advanced abrasive materials, such as superabrasives and ceramic-bonded grinding wheels, stimulates the development of high-performance grinding wheels in India.

Challenges of the Market

The India grinding wheels market encounters challenges associated with competition from alternative abrasive technologies and the demand for high-performance grinding solutions. As industries seek efficient and cost-effective grinding methods, manufacturers need to focus on product innovation and quality.

Covid-19 Impact on the Market

The India Grinding Wheels market encountered challenges during the Covid-19 pandemic, primarily due to disruptions in manufacturing and industrial activities. Grinding wheels are essential tools used in various industrial applications, including metalworking and woodworking. With industrial slowdowns and reduced demand for some products and processes, the demand for grinding wheels experienced a temporary decline. Additionally, supply chain disruptions and logistic challenges impacted the availability of raw materials and finished products. However, as industrial activities gradually resume and manufacturing processes regain momentum, the demand for grinding wheels is expected to recover. The emphasis on precision machining and surface finishing may drive the demand for advanced grinding wheels in India.

Key Players of the Market

The India grinding wheels market is driven by key players specializing in abrasives and grinding solutions. Some notable players include Carborundum Universal Limited (CUMI), Grindwell Norton Ltd., Wendt India Limited, and Saint-Gobain Abrasives (India). These companies offer a diverse range of grinding wheels used for cutting, grinding, and polishing applications in various industries. Their focus on product performance, application-specific solutions, and customer support has made them key players in the grinding wheels market in India.

Key Highlights of the Report:

  • India Grinding Wheels Market Outlook
  • Market Size of India Grinding Wheels Market, 2024
  • Forecast of India Grinding Wheels Market, 2031
  • Historical Data and Forecast of India Grinding Wheels Revenues & Volume for the Period 2021-2031
  • India Grinding Wheels Market Trend Evolution
  • India Grinding Wheels Market Drivers and Challenges
  • India Grinding Wheels Price Trends
  • India Grinding Wheels Porter's Five Forces
  • India Grinding Wheels Industry Life Cycle
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By Straight for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By Cylinder for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By Tapered for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By Recessed for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By Material for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By Natural Abrasives for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By Artificial Abrasives for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By Diameter for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By 00 mm to 100 mm for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By 100 mm to 1000 mm for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By 1000 mm and above for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By Applications for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By Cutting for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By Surface Treatment for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By End-use for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By Construction for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By Aerospace for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By Automotive for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By Medical for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By Commercial Appliances for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By Price for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By Low for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By Medium for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By High for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By Distribution Channel for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By Direct for the Period 2021-2031
  • Historical Data and Forecast of India Grinding Wheels Market Revenues & Volume By Indirect for the Period 2021-2031
  • India Grinding Wheels Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Material
  • Market Opportunity Assessment By Diameter
  • Market Opportunity Assessment By Applications
  • Market Opportunity Assessment By End-use
  • Market Opportunity Assessment By Price
  • Market Opportunity Assessment By Distribution Channel
  • India Grinding Wheels Top Companies Market Share
  • India Grinding Wheels Competitive Benchmarking By Technical and Operational Parameters
  • India Grinding Wheels Company Profiles
  • India Grinding Wheels Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Grinding Wheels Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Grinding Wheels Market Revenues & Volume, 2021 & 2031F

3.3 India Grinding Wheels Market - Industry Life Cycle

3.4 India Grinding Wheels Market - Porter's Five Forces

3.5 India Grinding Wheels Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 India Grinding Wheels Market Revenues & Volume Share, By Material, 2021 & 2031F

3.7 India Grinding Wheels Market Revenues & Volume Share, By Diameter, 2021 & 2031F

3.8 India Grinding Wheels Market Revenues & Volume Share, By Applications, 2021 & 2031F

3.9 India Grinding Wheels Market Revenues & Volume Share, By End-use, 2021 & 2031F

3.10 India Grinding Wheels Market Revenues & Volume Share, By Price, 2021 & 2031F

3.11 India Grinding Wheels Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F

4 India Grinding Wheels Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing industrialization in India leading to higher demand for grinding wheels

4.2.2 Growing automotive and manufacturing sectors in India driving the market for grinding wheels

4.2.3 Technological advancements in grinding wheel materials and manufacturing processes improving product efficiency and quality

4.3 Market Restraints

4.3.1 Fluctuating raw material prices impacting production costs of grinding wheels

4.3.2 Intense competition among grinding wheel manufacturers leading to pricing pressures

4.3.3 Environmental regulations and sustainability concerns affecting the production and disposal of grinding wheels

5 India Grinding Wheels Market Trends

6 India Grinding Wheels Market, By Types

6.1 India Grinding Wheels Market, By Type

6.1.1 Overview and Analysis

6.1.2 India Grinding Wheels Market Revenues & Volume, By Type, 2021-2031F

6.1.3 India Grinding Wheels Market Revenues & Volume, By Straight, 2021-2031F

6.1.4 India Grinding Wheels Market Revenues & Volume, By Cylinder, 2021-2031F

6.1.5 India Grinding Wheels Market Revenues & Volume, By Tapered, 2021-2031F

6.1.6 India Grinding Wheels Market Revenues & Volume, By Recessed, 2021-2031F

6.1.7 India Grinding Wheels Market Revenues & Volume, By Others, 2021-2031F

6.2 India Grinding Wheels Market, By Material

6.2.1 Overview and Analysis

6.2.2 India Grinding Wheels Market Revenues & Volume, By Natural Abrasives, 2021-2031F

6.2.3 India Grinding Wheels Market Revenues & Volume, By Artificial Abrasives, 2021-2031F

6.3 India Grinding Wheels Market, By Diameter

6.3.1 Overview and Analysis

6.3.2 India Grinding Wheels Market Revenues & Volume, By 00 mm to 100 mm, 2021-2031F

6.3.3 India Grinding Wheels Market Revenues & Volume, By 100 mm to 1000 mm, 2021-2031F

6.3.4 India Grinding Wheels Market Revenues & Volume, By 1000 mm and above, 2021-2031F

6.4 India Grinding Wheels Market, By Applications

6.4.1 Overview and Analysis

6.4.2 India Grinding Wheels Market Revenues & Volume, By Cutting, 2021-2031F

6.4.3 India Grinding Wheels Market Revenues & Volume, By Surface Treatment, 2021-2031F

6.5 India Grinding Wheels Market, By End-use

6.5.1 Overview and Analysis

6.5.2 India Grinding Wheels Market Revenues & Volume, By Construction, 2021-2031F

6.5.3 India Grinding Wheels Market Revenues & Volume, By Aerospace, 2021-2031F

6.5.4 India Grinding Wheels Market Revenues & Volume, By Automotive, 2021-2031F

6.5.5 India Grinding Wheels Market Revenues & Volume, By Medical, 2021-2031F

6.5.6 India Grinding Wheels Market Revenues & Volume, By Commercial Appliances, 2021-2031F

6.5.7 India Grinding Wheels Market Revenues & Volume, By Others, 2021-2031F

6.6 India Grinding Wheels Market, By Price

6.6.1 Overview and Analysis

6.6.2 India Grinding Wheels Market Revenues & Volume, By Low, 2021-2031F

6.6.3 India Grinding Wheels Market Revenues & Volume, By Medium, 2021-2031F

6.6.4 India Grinding Wheels Market Revenues & Volume, By High, 2021-2031F

6.7 India Grinding Wheels Market, By Distribution Channel

6.7.1 Overview and Analysis

6.7.2 India Grinding Wheels Market Revenues & Volume, By Direct, 2021-2031F

6.7.3 India Grinding Wheels Market Revenues & Volume, By Indirect, 2021-2031F

7 India Grinding Wheels Market Import-Export Trade Statistics

7.1 India Grinding Wheels Market Export to Major Countries

7.2 India Grinding Wheels Market Imports from Major Countries

8 India Grinding Wheels Market Key Performance Indicators

8.1 Average order value per customer indicating the value derived from each sale

8.2 Customer satisfaction score reflecting the level of satisfaction with the product quality and service

8.3 Rate of new product adoption showcasing the market acceptance of innovative grinding wheel products

8.4 Percentage of repeat customers demonstrating loyalty and retention in the customer base

8.5 Manufacturing efficiency metrics such as production yield and defect rates showing operational effectiveness and product quality

9 India Grinding Wheels Market - Opportunity Assessment

9.1 India Grinding Wheels Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 India Grinding Wheels Market Opportunity Assessment, By Material, 2021 & 2031F

9.3 India Grinding Wheels Market Opportunity Assessment, By Diameter, 2021 & 2031F

9.4 India Grinding Wheels Market Opportunity Assessment, By Applications, 2021 & 2031F

9.5 India Grinding Wheels Market Opportunity Assessment, By End-use, 2021 & 2031F

9.6 India Grinding Wheels Market Opportunity Assessment, By Price, 2021 & 2031F

9.7 India Grinding Wheels Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F

10 India Grinding Wheels Market - Competitive Landscape

10.1 India Grinding Wheels Market Revenue Share, By Companies, 2024

10.2 India Grinding Wheels Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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