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Market players in the non-woven abrasives sector are adopting several key strategies to enhance their competitive edge. These include product innovation, focusing on advanced abrasive materials and eco-friendly solutions to meet evolving industry demands. Companies are also investing in automation technology to cater to growing demand from industries like automotive and metal fabrication, where precision is critical.
Expansion into emerging markets, particularly in Asia-Pacific, is another common strategy, leveraging industrial growth in these regions. Additionally, strategic mergers, acquisitions, and partnerships help firms broaden their product portfolios, strengthen distribution networks, and gain market share in both domestic and global markets.
Major players operating in the non-woven abrasives industry are: