Close Lucintel Chat
Didn't Find What You're Looking for?
Call us at +1972 636 5056 or write at helpdesk@Lucintel.com
Ask an Expert Provide Custom Requirements Download Sample Report Search Available Reports
  • helpdesk@Lucintel.com
  • |
  • Call Lucintel +1 972 636 5056
  • |
  • Login
  • |
  • Register
  • |
  • Search
  • |
'
...

The Impact of COVID-19 is included in Superabrasive Wheel Market in Thailand. Buy it today to get an advantage.

Request the impact of COVID-19 on your product or industry


Superabrasive Wheel in Thailand Trends and Forecast

The future of the superabrasive wheel market in Thailand looks promising with opportunities in the automobile, aerospace, medical, electronic, and energy markets. The global superabrasive wheel market is expected to grow with a CAGR of 5.8% from 2025 to 2031. The superabrasive wheel market in Thailand is also forecasted to witness strong growth over the forecast period. The major drivers for this market are the increasing demand for precision machining in aerospace, automotive, and electronics industries, the continuous advancements in materials science and manufacturing technologies, and the growing emphasis on efficiency and productivity in manufacturing processes.

• Lucintel forecasts that, within the type category, the diamond wheel is expected to witness a higher growth over the forecast period.
• Within the application category, the automobile is expected to witness the highest growth.

Superabrasive Wheel Market in Thailand Trends and Forecast

Emerging Trends in the Superabrasive Wheel Market in Thailand

Thailand’s superabrasive wheel market is witnessing vibrant growth fueled by technological developments, growing demand from major industrial sectors, and a greater focus on sustainability. Thailand’s growing automotive, aerospace, and electronics manufacturing industries demand more precision and efficiency, driving innovations in superabrasive materials and manufacturing processes. Moreover, the implementation of Industry 4.0 technologies and sustainable practices is transforming the market. These trends are enabling manufacturers to meet high-performance requirements while minimizing environmental impact, ultimately making Thailand a competitive base for precision grinding solutions.

• Industry 4.0 and Smart Manufacturing Adoption: Thai manufacturers are increasingly adopting IoT, AI, and automation into their production lines. This improves real-time monitoring, predictive maintenance, and operational efficiency. Smart manufacturing reduces downtime and increases the accuracy of superabrasive wheels, leading to higher product quality and lower production costs.
• Sustainability and Eco-friendly Materials: There is a growing focus on producing superabrasive wheels using recyclable and less toxic materials. Companies are embracing green manufacturing techniques to minimize waste and energy usage, driven by both regulatory pressure and rising customer demand for sustainable products.
• Customization for Specialized Applications: Demand is rising for wheels tailored to specific materials such as ceramics, composites, and advanced alloys. These specialized wheels improve grinding efficiency, surface finish, and tool longevity, addressing the unique needs of industries such as aerospace and electronics.
• Composite and Hybrid Wheel Advances: Technological improvements in combining diamond and cubic boron nitride abrasives are resulting in composite wheels with greater cutting speed and durability. Hybrid wheels allow for multi-material grinding in a single cycle, enhancing productivity and reducing tooling costs.
• Automation in Grinding Systems: The use of robotic grinding systems is increasing to address labor shortages and improve product consistency. Automation boosts throughput and precision, particularly in high-volume manufacturing industries such as automotive component production.

These emerging trends—smart manufacturing, sustainability, customization, composite innovation, and automation—are reshaping Thailand’s superabrasive wheel industry. Together, they are driving improvements in performance, cost-efficiency, and environmental responsibility, allowing Thai manufacturers to better respond to evolving industrial demands and strengthen their competitive standing in global markets.

Recent Developments in the Superabrasive Wheel Market in Thailand

Recent trends in Thailand’s superabrasive wheel market show significant advancements in technology, production capacity, and sustainability initiatives. Increased investment in research and development, bonding innovation, and the growing use of automation are addressing the rising demand for precision grinding in the automotive, aerospace, and electronics sectors. The expansion of domestic production capabilities is reducing reliance on imports and promoting greater collaboration between manufacturers and end-users. These advancements are enabling the industry to deliver more efficient, durable, and eco-friendly solutions, positioning Thailand as a growing hub in the global superabrasive wheel market.

• Advanced Bonding Technologies: Recent breakthroughs in bonding materials and methods have increased wheel durability and thermal resistance. These enhancements support high-speed grinding in demanding industries such as aerospace, extending tool life and improving productivity while maintaining performance under high-stress conditions.
• Expansion of Automation and Robotics: The widespread implementation of robotic grinding systems has improved process control and reduced dependency on manual labor. Automated systems provide consistent quality and higher efficiency, which is essential in sectors like automotive and electronics manufacturing.
• Emphasis on Ultra-Precision Grinding: Research and development efforts focused on ultra-precision grinding wheels for applications such as semiconductors and optical components have led to better surface finishes and tighter tolerances. This focus boosts Thailand’s competitiveness in advanced manufacturing sectors.
• Green Manufacturing Practices: Manufacturers are adopting energy-efficient machinery and waste reduction techniques. The recycling of abrasives and the use of environmentally responsible materials help the industry comply with stricter environmental regulations while addressing consumer expectations for sustainability.
• Expansion of Domestic Manufacturing Capacity: Thailand is strengthening its local production of superabrasive wheels, reducing import dependence and enhancing responsiveness to market needs. Increased local manufacturing supports faster innovation cycles and encourages collaboration across industries.

These recent developments—bonding improvements, automation growth, focus on ultra-precision grinding, green manufacturing practices, and domestic production expansion—are advancing the performance, efficiency, and sustainability of Thailand’s superabrasive wheel market. Together, they position Thailand as a rising force in global precision grinding solutions.

Strategic Growth Opportunities for Superabrasive Wheel Market in Thailand

The Thai superabrasive wheel market is expected to grow considerably due to the needs of diversified industrial segments requiring precision and durability. Key applications, including automotive, aerospace, electronics, semiconductor, and medical devices, are driving demand for advanced grinding solutions. These industries require customized wheels capable of processing specific materials and complex geometries under high standards of quality and efficiency. Identifying growth opportunities in these sectors allows producers to innovate and capture market share by offering tailored, high-performance products that meet evolving industrial requirements.

• Automotive Precision Grinding Wheels: Thailand’s growing automotive industry, including electric vehicle production, requires durable and precise grinding wheels for engines, transmissions, and chassis components. These wheels must handle various materials and complex shapes while maintaining tight tolerances. Longer-lasting wheels reduce downtime and operating costs, allowing scalable production and improved quality. The rise in electric vehicles also drives demand for specialized wheels suitable for grinding new materials such as battery components and electric motors.
• Aerospace High-Temperature Resistant Wheels: Aerospace manufacturing in Thailand requires superabrasive wheels that can maintain sharpness and precision in extreme thermal environments. High-temperature resistant wheels enhance performance and safety when grinding turbine blades, structural parts, and composites. These wheels meet strict aerospace requirements, ensuring component reliability and durability. The increasing volume of aerospace activity in the region presents strong opportunities for high-performance grinding solutions that maximize throughput and reduce tool wear.
• Miniaturized Electronics Component Grinding: The miniaturization of electronic devices demands superabrasive wheels capable of grinding small, fragile components with high precision. These wheels must ensure fine surface finishes and dimensional stability to meet the needs of smartphone, semiconductor, and wearable technology manufacturers. Growth in Thailand’s electronics production offers a profitable market for ultra-precision grinding wheels, enabling manufacturers to improve yield rates while minimizing product defects.
• Ultra Smooth Finishing Wheels for the Semiconductor Industry: Semiconductor manufacturing needs grinding wheels that deliver ultra-smooth finishes with minimal surface defects to support device performance. These wheels are critical for wafer processing and packaging, where accuracy directly affects product yield and reliability. Thailand’s expanding semiconductor sector benefits from these advanced finishing wheels, which enhance production efficiency and help local manufacturers compete effectively in the global supply chain by reducing scrap and increasing process control.
• Precision Grinding Wheels for Medical Devices: The rising Thai healthcare technology sector requires superabrasive wheels that provide biocompatible and precise grinding for surgical tools, implants, and medical devices. These wheels must meet stringent quality standards and maintain surface integrity during long-term use. The growing production of medical equipment drives demand for innovations in wheel material and design, offering manufacturers opportunities to develop specialized products that comply with rigorous regulatory requirements.

Opportunities for strategic growth in automotive, aerospace, electronics, semiconductor, and medical device applications are accelerating innovation in Thailand superabrasive wheel industry. By delivering tailored solutions for specific industrial demands, manufacturers strengthen their competitive edge, support sustainable growth, and meet the precision requirements of sectors that are vital to Thailand economic advancement.

Superabrasive Wheel Market in Thailand Driver and Challenges

Thailand superabrasive wheel market is shaped by a combination of technological, economic, and regulatory drivers and challenges. Advances in abrasive materials and automation technologies are driving demand for higher precision and operational efficiency. Economic growth and the expansion of the manufacturing base further fuel market development. Simultaneously, stricter environmental regulations push companies to adopt sustainable practices. However, challenges such as fluctuating raw material prices, a shortage of skilled labor, and strong competition from both local and international firms threaten growth. Stakeholders must understand these forces to develop effective strategies for sustainable market success.

The factors responsible for driving the superabrasive wheel market in Thailand include:
• Technological Advancements in Abrasives: Ongoing developments in diamond and cubic boron nitride abrasives are increasing grinding accuracy, efficiency, and tool longevity. These innovations allow producers to meet the demands of high-tech industries such as aerospace and electronics, supporting Thailand position in global manufacturing.
• Diversification of Manufacturing Industries: The expansion of sectors including automotive, aerospace, electronics, and medical devices boosts demand for superabrasive wheels. As these industries adopt high-precision tooling, the market benefits from diversified product opportunities and sustained growth.
• Implementation of Automation and Industry 4.0: The use of robotics, automation, and smart technologies like IoT improves production consistency, scalability, and efficiency. These innovations reduce dependence on manual labor and enable predictive maintenance, optimizing operational costs and product quality.
• Strict Environmental Regulations: Government policies promoting energy efficiency and waste reduction encourage the use of eco-friendly materials and processes. Adopting greener practices enhances environmental compliance and responds to consumer expectations for sustainability.
• Growing Demand in High-Precision Applications: Industries such as semiconductor, aerospace, and medical devices require grinding wheels with extremely close tolerances and superior surface quality. This drives innovation and opens access to premium market segments demanding high-performance solutions.

Challenges in the superabrasive wheel market in Thailand are:
• Volatility in Raw Material Prices: Fluctuations in the costs of diamonds, cubic boron nitride, and other raw materials create financial pressure for manufacturers, reducing margins and requiring greater efficiency in production and procurement strategies.
• Skilled Labor Shortages: The limited availability of trained engineers and technicians affects the quality of output and hinders innovation. Addressing this challenge requires investment in workforce development and further adoption of automation to fill labor gaps.
• Intense Market Competition: A highly fragmented market with numerous domestic and foreign competitors drives down prices and makes it difficult for individual companies to maintain market share, impacting profitability and long-term growth potential.

Thailand superabrasive wheel industry benefits from a powerful mix of technological progress, industrial expansion, and environmental compliance efforts. However, growth is tempered by challenges such as unstable raw material costs, labor shortages, and intense competition. Companies that invest in innovation, sustainability, and automation are best positioned to seize future opportunities and maintain long-term competitiveness in this dynamic market.

List of Superabrasive Wheel Market in Thailand Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies, superabrasive wheel companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the superabrasive wheel companies profiled in this report include:
• Company 1
• Company 2
• Company 3
• Company 4
• Company 5
• Company 6
• Company 7
• Company 8
• Company 9
• Company 10

Superabrasive Wheel Market in Thailand by Segment

The study includes a forecast for the superabrasive wheel market in Thailand by type and application.

Superabrasive Wheel Market in Thailand by Type [Analysis by Value from 2019 to 2031]:


• Diamond Wheel
• CBN Wheel

Superabrasive Wheel Market in Thailand by Application [Analysis by Value from 2019 to 2031]:


• Automobile
• Aerospace
• Medical
• Electronic
• Energy
• Other

Lucintel Analytics Dashboard

Features of the Superabrasive Wheel Market in Thailand

Market Size Estimates: Superabrasive wheel in Thailand market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends and forecasts by various segments.
Segmentation Analysis: Superabrasive wheel in Thailand market size by type and application in terms of value ($B).
Growth Opportunities: Analysis of growth opportunities in different type and application for the superabrasive wheel in Thailand.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the superabrasive wheel in Thailand.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

If you are looking to expand your business in this or adjacent markets, then contact us. We have done hundreds of strategic consulting projects in market entry, opportunity screening, due diligence, supply chain analysis, M & A, and more.
Lucintel Consulting Services

FAQ

Q1. What are the major drivers influencing the growth of the superabrasive wheel market in Thailand?
Answer: The major drivers for this market are the increasing demand for precision machining in aerospace, automotive, and electronics industries, the continuous advancements in materials science and manufacturing technologies, and the growing emphasis on efficiency and productivity in manufacturing processes.
Q2. What are the major segments for superabrasive wheel market in Thailand?
Answer: The future of the superabrasive wheel market in Thailand looks promising with opportunities in the automobile, aerospace, medical, electronic, and energy markets.
Q3. Which superabrasive wheel market segment in Thailand will be the largest in future?
Answer: Lucintel forecasts that diamond wheel is expected to witness the higher growth over the forecast period.
Q4. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 10 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the superabrasive wheel market in Thailand by type (diamond wheel and CBN wheel), and application (automobile, aerospace, medical, electronic, energy, and other)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.4. What are the business risks and competitive threats in this market?
Q.5. What are the emerging trends in this market and the reasons behind them?
Q.6. What are some of the changing demands of customers in the market?
Q.7. What are the new developments in the market? Which companies are leading these developments?
Q.8. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.9. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.10. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Superabrasive Wheel Market in Thailand, Superabrasive Wheel Market in Thailand Size, Superabrasive Wheel Market in Thailand Growth, Superabrasive Wheel Market in Thailand Analysis, Superabrasive Wheel Market in Thailand Report, Superabrasive Wheel Market in Thailand Share, Superabrasive Wheel Market in Thailand Trends, Superabrasive Wheel Market in Thailand Forecast, Superabrasive Wheel Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.

                                                            Table of Contents

            1. Executive Summary

            2. Superabrasive Wheel Market in Thailand: Market Dynamics
                        2.1: Introduction, Background, and Classifications
                        2.2: Supply Chain
                        2.3: Industry Drivers and Challenges

            3. Market Trends and Forecast Analysis from 2019 to 2031
                        3.1. Macroeconomic Trends (2019-2024) and Forecast (2025-2031)
                        3.2. Superabrasive Wheel Market in Thailand Trends (2019-2024) and Forecast (2025-2031)
                        3.3: Superabrasive Wheel Market in Thailand by Type
                                    3.3.1: Diamond Wheel
                                    3.3.2: CBN Wheel
                        3.4: Superabrasive Wheel Market in Thailand by Application
                                    3.4.1: Automobile
                                    3.4.2: Aerospace
                                    3.4.3: Medical
                                    3.4.4: Electronic
                                    3.4.5: Energy
                                    3.4.6: Other

            4. Competitor Analysis
                        4.1: Product Portfolio Analysis
                        4.2: Operational Integration
                        4.3: Porter’s Five Forces Analysis

            5. Growth Opportunities and Strategic Analysis
                        5.1: Growth Opportunity Analysis
                                    5.1.1: Growth Opportunities for the Superabrasive Wheel Market in Thailand by Type
                                    5.1.2: Growth Opportunities for the Superabrasive Wheel Market in Thailand by Application
                                   
                        5.2: Emerging Trends in the Superabrasive Wheel Market in Thailand
                        5.3: Strategic Analysis
                                    5.3.1: New Product Development
                                    5.3.2: Capacity Expansion of the Superabrasive Wheel Market in Thailand
                                    5.3.3: Mergers, Acquisitions, and Joint Ventures in the Superabrasive Wheel Market in Thailand
                                    5.3.4: Certification and Licensing

            6. Company Profiles of Leading Players
                        6.1: Company 1
                        6.2: Company 2
                        6.3: Company 3
                        6.4: Company 4
                        6.5: Company 5
                        6.6: Company 6
                        6.7: Company 7
                        6.8: Company 8
                        6.9: Company 9
                        6.10: Company 10
.

Buy full report or by chapter as follows

Limited Time offer

Price by License Type:
[-] Hide Chapter Details
[Chapter Number] [Chapter Name] [Chapter Number Of Pages] [Chapter Price]
Title/Chapter Name Pages Price
Full Report: Superabrasive Wheel Market in Thailand Full Report $ 2,990
150 - page report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

Please sign in below to get report brochure - Superabrasive Wheel Market in Thailand .

At Lucintel, we respect your privacy and maintain the confidentiality of information / data provided by you
(Please enter your corporate email. * These fields are mandatory )

Follow us on