| 1. |
INTRODUCTION |
6 |
| 2. |
SUMMARY |
7 |
| 3. |
ECONOMIC ENVIRONMENT |
10 |
| 3.1 |
GDP |
10 |
| 3.2 |
INFLATION & INTEREST RATES |
11 |
| 3.3 |
STERLING |
12 |
| 3.4 |
CONCLUSIONS |
13 |
| 4. |
OVERVIEW OF THE MARKET FOR
ABRASIVE PRODUCTS |
14 |
| 4.1 |
MARKET DEFINITION |
14 |
| 4.2 |
MARKET SIZE |
15 |
| 4.2.1 |
Market Background |
15 |
| 4.2.2 |
Current Situation |
16 |
| 4.2.3 |
Future Prospects |
17 |
| 4.3 |
INTERNATIONAL TRADE IN ABRASIVE PRODUCTS |
19 |
| 4.4 |
KEY MARKET INFLUENCES |
22 |
| 4.4.1 |
Construction Output - Domestic and
Non-Domestic |
23 |
| 4.4.2 |
Production Industry Output |
26 |
| 4.4.3 |
The Railway Sector |
28 |
| 4.4.4 |
The Machine Tool Industry |
29 |
| 4.4.5 |
Automotive Production |
29 |
| 4.4.6 |
The Car Auto-Refinishing Trade |
31 |
| 4.4.7 |
Wood Working and Floor Coverings |
31 |
| 4.4.8 |
DIY Activity |
33 |
| 4.4.9 |
Paper and Packaging Industry |
34 |
| 4.4.10 |
Aerospace |
35 |
| 4.4.11 |
Power Generation |
36 |
| 5. |
PRODUCT SEGMENTATION |
37 |
| 5.1 |
DEFINITION |
37 |
| 5.1.1 |
'Coated Abrasive Products' |
37 |
| 5.1.2 |
'Bonded Abrasive Products' |
37 |
| 5.1.3 |
'Superabrasive Products' |
37 |
| 5.2 |
COATED ABRASIVE PRODUCTS |
38 |
| 5.2.1 |
Flexible Sheets |
39 |
| 5.2.2 |
Belts, Discs and Shaped Sheets for Mechanical
Abrading |
40 |
| 5.2.3 |
Non-Woven Web Abrasives |
43 |
| 5.3 |
BONDED ABRASIVE PRODUCTS |
44 |
| 5.3.1 |
Grinding Wheels |
44 |
| 5.3.2 |
Off Hand Grinding Wheels |
45 |
| 5.3.3 |
Bonded Grinding Wheels Attached to Machine
Tools |
48 |
| 5.3.4 |
"General-Purpose" Bench/Pedestal
Grinding Wheels |
50 |
| 5.4 |
SUPERABRASIVES |
50 |
| 6. |
DISTRIBUTION CHANNELS |
55 |
| 6.1 |
DISTRIBUTION OF ABRASIVE PRODUCTS |
55 |
| 6.1.1 |
Structure & Distribution |
55 |
| 6.1.2 |
Mix of Distribution Channels for Abrasive
Products |
57 |
| 6.2 |
INDUSTRIAL DISTRIBUTION CHANNEL |
59 |
| 6.2.1 |
Abrasives Stockists |
60 |
| 6.2.2 |
Factory/Industrial Supplies Stockists and
Engineers Merchants |
61 |
| 6.2.3 |
Others |
62 |
| 6.3 |
AUTOMOTIVE SECTOR |
63 |
| 6.4 |
BUILDING & DIY |
64 |
| 6.4.1 |
Builders Merchants |
64 |
| 6.4.2 |
Wholesalers |
65 |
| 6.4.3 |
Plant and Tool Hire |
66 |
| 6.4.4 |
DIY Multiples |
68 |
| 6.5 |
DIRECT, OEM AND OTHER CHANNELS |
70 |
| 7. |
MAJOR SUPPLIERS OF
ABRASIVE PRODUCTS |
73 |
| 7.1 |
SUPPLY STRUCTURE |
73 |
| 7.1.1 |
Market Shares |
73 |
| 7.1.2 |
Coated Products |
74 |
| 7.1.3 |
Bonded Products |
75 |
| 7.1.4 |
Superabrasives |
76 |
| 7.2 |
MAJOR SUPPLIERS |
77 |
| 7.3 |
FURTHER SUPPLIERS |
80 |
| 8. |
FUTURE PROSPECTS |
83 |
| TABLES
AND CHARTS |
| CHART 1 |
UK ABRASIVES MARKET 1998-2008 AT £M MSP |
7 |
| CHART 2 |
INTEREST RATES AND INFLATION (CPI) FROM 1990-2008 |
12 |
| TABLE 3 |
EXCHANGE RATE FLUCTUATIONS 2000-2007 - THE POUND STERLING TO
THE DOLLAR, AND THE EURO, SPOT RATES |
13 |
| TABLE 4 |
THE UK MARKET FOR ABRASIVES 1998-2008 £M MSP |
15 |
| CHART 5 |
THE UK ABRASIVES MARKET AT CONSTANT 2000 PRICES £M |
19 |
| TABLE 6 |
IMPORTS AND EXPORTS OF SELECTED CATEGORIES OF ABRASIVE
PRODUCTS FOR 2004 |
20 |
| TABLE 7 |
IMPORTS OF SELECTED CATEGORIES OF ABRASIVE PRODUCTS BY KEY
COUNTRY £M 1999 AND 2004 |
21 |
| TABLE 8 |
EXPORTS OF SELECTED CATEGORIES OF ABRASIVE PRODUCTS BY
COUNTRY £M 1999 AND 2004 |
22 |
| TABLE 9 |
CONTRACTORS HOUSING OUTPUT - NEW WORK AND RMI- CURRENT
PRICES (£ MILLION) 1998-2008 |
23 |
| TABLE 10 |
CONTRACTORS NON HOUSING OUTPUT - NEW WORK AND RMI - CURRENT
PRICES (£ MILLION) 1998-2004 |
25 |
| TABLE 11 |
OUTPUT OF THE PRODUCTION INDUSTRIES |
27 |
| TABLE 12 |
THE PRODUCTION OF CARS & COMMERCIAL VEHICLES IN THE UK
1998-2004 |
30 |
| TABLE 13 |
THE UK WOODWORKING MARKET £BN MSP 1997-2004 |
32 |
| CHART 14 |
WOOD FLOORCOVERINGS MARKET PRODUCT MIX 2004 - % BY VALUE |
33 |
| TABLE 15 |
NUMBER OF PROPERTY TRANSACTIONS IN ENGLAND AND WALES
1998-2004 |
34 |
| CHART 16 |
PAPER AND BOARD PRODUCTION 1994-2003 MILLION TONNES |
35 |
| CHART 17 |
SEGMENTATION OF THE UK ABRASIVES MARKET - 2004 |
38 |
| CHART 18 |
PRODUCT MIX FOR COATED ABRASIVES 2004 BY VALUE |
39 |
| CHART 19 |
PORTABLE POWER TOOLS MIX IN THE CUTTING & GRINDING
SECTOR |
45 |
| CHART 20 |
DIY AND TRADE/PROFESSIONAL PURCHASES OF PORTABLE GRINDERS |
46 |
| TABLE 21 |
MAIN TYPES OF SUPERABRASIVES AND THEIR APPLICATIONS |
51 |
| TABLE 22 |
2004 ESTIMATED SUPERABRASIVES SALES AT MSP UK MARKET |
52 |
| CHART 23 |
PRINCIPAL DISTRIBUTION CHANNELS AND OUTLETS FOR ABRASIVE
PRODUCTS |
56 |
| CHART 24 |
ESTIMATED % MIX OF DISTRIBUTION CHANNELS FOR ABRASIVES
PRODUCTS BY VALUE IN 2004 £M DSP |
58 |
| TABLE 25 |
INDUSTRIAL DISTRIBUTORS' SHARES OF THE DISTRIBUTION OF
ABRASIVE PRODUCTS IN 2004 |
59 |
| CHART 26 |
MARKET SHARE OF KEY SUPPLIERS 2004 |
65 |
| TABLE 27 |
MARKET SHARES OF THE UK PLANT HIRE OPERATORS - 2003 |
67 |
| TABLE 28 |
MARKET SHARES OF LEADING TOOL HIRE COMPANIES BY VALUE |
68 |
| CHART 29 |
DIY MULTIPLES MARKET SHARE 2003 |
69 |
| TABLE 30 |
MARKET SHARES OF THE ABRASIVE PRODUCTS MARKET IN 2004. |
74 |
| TABLE 31 |
KEY SUPPLIERS - COATED PRODUCTS 2004 |
75 |
| TABLE 32 |
KEY SUPPLIERS - BONDED PRODUCTS 2004 |
75 |
| TABLE 33 |
KEY SUPPLIERS - SUPERABRASIVE PRODUCTS 2004 |
76 |