Report Description
Polishing powders are a crucial requirement in the finishing of a wide range of products. They are vital in smoothing the etch marks
and wear patterns caused by the manufacturing process and providing an aesthetic, smooth finish to the manufactured product. Apart
from enhancing the aesthetic properties of the manufactured product, polishing powders can also be designed to impart other benefits
such as durability and resistance to physical as well as microbial contaminants. Most polishing powders are chemically inert, but some
application-specific products may contain chemically active substances.
Due to the constant need for polishing operations in the finishing stages of manufacturing in various industries, the global polishing
powders market is likely to grow smoothly in the coming years. The almost universal need for polishing powders has also created a
plethora of end use industries for the polishing powders market, which is likely to remain a key driver for the global polishing
powders market in the coming years.
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Global Polishing Powders Market: Drivers and Restraints
The prime driver for the global polishing powders market is the large number of its end use segments and the steady growth of several
end users. The construction industry has become a key consumer in the global polishing powders market in recent years due to the
rising demand for premium flooring options such as marble. The rising disposable income of consumers following the 2008-09
economic crisis has resulted in a steady rise in the demand for residential housing, while rising commercial construction has also
played a key role in the growing demand from the global polishing powders market.
The rising demand from the booming automotive industry is also a major driver for the global polishing powders market. The
finishing of the exterior as well as interior surfaces of cars has always been a key part of automotive design due to the significant
aesthetic appeal it holds. The rising demand for premium cars has led to steady demand from the polishing powders market in recent
years. The presence of established car brands in North America and Europe has driven the demand from the polishing powders market
in these regions, while the strengthening automotive industry in emerging regions, especially Asia Pacific, holds strong promise for the
polishing powders market in coming years. The rising use of polishing powders to strengthen automotive glasswork is also a key
driver for the global polishing powders market.
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