Demand for manufactured industrial products

Demand for manufactured industrial products is the major driver of sales for abrasives. The profitability of individual companies depends on efficient operations, as many products are considered commodities. Large companies enjoy economies of scale in purchasing. Small companies can compete effectively by specializing in products for particular manufacturing functions. The US industry is highly concentrated: the 50 largest companies generate about 90% of revenue.

Imports account for about 30% of the US market. The largest suppliers to the US are China, Canada, Mexico, and Germany. Exports, which make up 25% of US production, go mainly to Mexico, Canada, and Germany.