Southeast Asia abrasives market
Most of the Southeast Asian countries do not have a complete abrasives industry. There is no large-scale abrasive production enterprises with a wide range of products. The characteristics of abrasive enterprises are small, scattered, and weak.
Vietnam Abrasives Market
The scale of Vietnam's industry is still in its infancy. It is far from meeting the needs of local social and economic development. More than 90% of industrial and mechanical equipment is completely dependent on foreign imports, which also need a large amount of abrasives. The hardware market in Vietnam has few franchise stores for abrasive products. Most of them are operated together with various hardware tools, but the demand for abrasive tools is very large.
Thai Abrasives Market
Thailand's market for super hard materials and bonded abrasives has a large share of polished abrasive materials, as well as higher precision requirements for processed products, and much higher after-sales service than Vietnam. There are some markets for customized products. In general, most abrasive products in Thailand rely on imports, but the market is relatively mature, the channels are relatively fixed, and the product quality requirements are relatively high. If grinding companies want to expand the Thai market, they must improve their competitiveness in quality and after-sales service.
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