In 2023, the production of natural or artificial abrasive powder or grain on a base of woven textile fabric only in Germany stood at 19.4 million square meters. According to forecasts, production will rise steadily, hitting 20.226 million square meters by 2028. Year-on-year growth from 2024 to 2028 indicates a consistent increase, with an annual compound growth rate (CAGR) of approximately 0.84% over the five-year period.
Future trends to watch for:
- Technological advancements in production processes could improve efficiency and scale.
- Market demand fluctuations driven by industrial growth or decline in sectors using these materials.
- Environmental regulations might impact production methods and innovation in sustainable products.