Industry data shows that the global Cutting And Grinding Disc market is maintaining steady growth driven by the recovery and upgrading of the manufacturing industry. According to market research reports, the global market size of cutting and grinding discs reached 18.7 billion US dollars in 2024, with a year-on-year growth of 6.2%. Among them, the Asian-Pacific region, led by China, India, and Southeast Asian countries, contributed 45% of the global market share, becoming the largest consumption and production area. In China, the output of cutting and grinding discs reached 3.53 billion pieces in 2024, with a market size of 128.6 billion yuan. The downstream demand shows a structural growth trend: the demand for high-precision cutting and grinding discs in the new energy vehicle industry increased by 18.3% year-on-year, the semiconductor processing field maintained a compound annual growth rate of 22.7%, and the aerospace and medical device industries also showed strong demand momentum, driving the upgrading of high-end product segments.
Technological innovation and standardization are the core driving forces for the healthy development of the Cutting And Grinding Disc industry. At present, the industry has formed a sound technical standard system, including ISO 2834-1:2022 "Abrasive tools - Cutting-off wheels for cold cutting of steel" and GB/T 2494-2018 "Resin-bonded cutting-off wheels for metal" and other national and international standards. These standards clearly specify key indicators such as product dimensional deviation, hardness, tensile strength, and safety performance, providing important guarantees for standardized production and market circulation. Meanwhile, technological innovation in the industry is focusing on intelligent integration, green environmental protection, and extreme precision. Leading enterprises have launched intelligent sensing cutting and grinding discs embedded with micro-sensors, which can real-time monitor tool wear, grinding temperature, and processing pressure, providing data support for intelligent production lines. In terms of green manufacturing, degradable resin binders and water-based grinding technologies have been widely applied, reducing waste liquid emissions by 40% and energy consumption by 25% compared with traditional processes.