Abrasive industry of the USA consists of about 300 companies with gross annual income of approximately 4 billion dollars, according to a press release of the “ Research and markets” (Research and Markets).
Abrasive industry is characterized by high concentration in which 50 of the largest companies provide more than 85% of the industry's profits..
the Share of imports of abrasives in the United States is 25%, while the largest suppliers are China, Canada and Germany. U.S. exports 15% of its production of abrasive materials, mainly in Canada, Mexico and Germany..
In this study, it is noted that the branch of manufacture of abrasives is a capital-intensive, in the USA the volume of sales per employee is about 300 thousand dollars a year.
the Annual income of the global industry abrasives is about 30 billion dollars. The leading countries-producers of abrasive materials are China, Germany and Japan.. The largest international companies are American 3M, Japanese Noritake, French Saint-Gobain, the Austrian Tyrolit.