For Immediate Release

Ceramics and Superabrasives Dominate the Global Abrasives Market From 2008 to 2013

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Bonded Abrasives Expected to Lead in Market Demand from 2008 onward

New York City, NY, July 25, 2009 – Dedalus Consulting (www.dedalusconsulting.com) recently released new research on Abrasives, Superabrasives and Abrasive Products, as part of its Advanced Materials Series. The report contains data on the world market by product type and grade in the following end-user industries: Aerospace, Automotive, Chemical Processing, Communications, Construction, Defense/Military, Electronic, Equipment/Machinery, Medical/Research, Metal Working, Optic, Opto-Electronic, Paper & Pulp, and Power Generation.

In 2008, ceramics, superabrasives and cemented carbides made up over just under 75% of the total market for abrasive products. By 2009, ceramics were the most highly demanded at just over 36%, and will continue to lead the industry at close to 37% of total demand in 2013. Totaling nearly 23% in 2009, the market for superabrasives is the largest area of growth throughout the forecast period, followed closely by ceramics. (See Chart 2.3A below.)

Ceramics considered in this report are: oxide ceramics (aluminum oxide-Al2O3, zirconium oxide, aluminum titanate, piezoceramics); non-oxide ceramics (silicon carbide-SiC, silicon nitride-SiN, aluminum nitride, borides); cermets; composites (metal matrix, ceramic matrix, fiber/ceramic); and other (sapphire, beryllium oxide). Superabrasives include industrial diamonds and cBN.

The main driving factors in the growth of the abrasives industry continues to be the decrease in the cost of synthetic diamonds, increasing efficiencies in diamond tool manufacturing, and advances in materials sciences.

Using 2007 as the base year, the report assesses the overall growth potential for abrasive materials and products and forecasts growth by product type, grade and end-use market through 2013. It includes extensive information on the competitive environment, including recent market entrants, types of suppliers, differentiation points, general warranty standards, service contracts and barriers to market entry.

Exhibit One: Abrasive Products by Grade ($MM): 2009

Source: Dedalus Consulting

For more information, please contact DCI at info@dedalusconsulting.com, call (718) 622-0830 or fax (718) 622-0831. The 306-page report, which contains 400 tables and charts, is priced at USD$2,995 (PDF format).

Dedalus Consulting Inc. (DCI) is a privately owned and independently operated market research publisher and consultancy. Our research focuses on both emerging and mature markets in high-technology sectors, including advanced materials, life sciences, nanotechnology, electronic components, mobile communications and photonics. Research is continually updated through a methodology that is based on primary interviews with market participants, including research institutions, equipment suppliers, distribution channel representatives and service providers.

Our clients range from Fortune 500 companies to academic research organizations engaged in the research, development and manufacturing of advanced technology products and services.

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