Chemical Industry Updates

  Sanding blocks are used to smooth wood surfaces and remove excess material during wood finishing or repair processes. They consist of a resin-bonded abrasive paper or cloth attached to a wood or plastic backing for uniform pressure distribution. Sanding blocks enable precise sanding of flat and contoured surfaces as compared to loose abrasive papers. They produce better surface finishes and are safer to handle. The global Sanding Block Market is estimated to be valued at US$ 450 million in 2023 and is expected to exhibit a CAGR of 3.5% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing demand from the manufacturing industry is one of the key trends accelerating the growth of the sanding block market. Sanding blocks are extensively used in woodworking, furniture manufacturing, shipbuilding, and automotive industries for smoothing surfaces and achieving the desired finish. They provide better...

  Market Overview: Sanding blocks are hand-held tools used for smoothing surfaces during woodworking, metalworking, and other similar activities. They are available in a variety of shapes, sizes and materials to suit different sanding applications. Market Dynamics: The growth of the  sanding block market  is attributed to increasing construction activity globally. According to World Bank estimates, the global construction industry market size was valued at US$ 7.8 trillion in 2020 and is projected to reach US$ 15.2 trillion by 2030, growing at a CAGR of 6.4% during the forecast period. As construction output rises, demand for sanding blocks from various end-use industries such as furniture, fixtures manufacturing, among others is also expected to increase considerably over the coming years. In addition, growing DIY culture has been fueling the sales of sanding blocks through multiple distribution channels. Consumers are increasingly taking up do-it-yourself projects at ho...