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Machinery & Equipment Global Carbide Cutting Tools Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

  • RnM4564049
    • |
  • 07 November, 2023
    • |
  • Global
    • |
  • 119 Pages
    • |
  • GIR (Global Info Research)
    • |
  • Machinery & Equipment

According to our (Global Info Research) latest study, the global Carbide Cutting Tools market size was valued at USD 12370 million in 2022 and is forecast to a readjusted size of USD 18880 million by 2029 with a CAGR of 6.2% during review period.
The development trend of cemented carbide cutting tools may be reflected in the following aspects:
High-end development: With the upgrading of manufacturing industry, the demand for cutting tools in high-end manufacturing industry is increasing day by day. The high-end development of coated blades and carbide blades will be further accelerated, and the process of domestic substitution of imported blades will also be further accelerated. The rapid rise of China's high-end intelligent manufacturing will drive the rapid growth of demand for carbide cutting tools and related supporting products.
The process of domestic substitution and high-endization is accelerating: With the transformation and upgrading of the domestic manufacturing industry, the demand for high-end cutting tools is also growing. The localization rate of the domestic tool market is gradually increasing, and domestic tools have achieved stable substitution for some imported tool markets. This trend is expected to continue, and as technology and quality improve, domestic cutting tools will be widely used in more fields.
Technological innovation: Technological innovation of cemented carbide cutting tools is a key factor promoting their development. Future development directions may include the development of harder coating materials, finer cutting edge grinding technology, more effective cooling methods, etc. These technological innovations will improve the durability of tools and reduce the frequency of tool replacement, thereby reducing production costs and improving production efficiency.
Green environmental protection: With the improvement of environmental awareness, green environmental protection will become an important trend in the development of cemented carbide cutting tools. Future development directions may include developing environmentally friendly cutting fluids and reducing the generation of cutting waste. These measures will help reduce environmental pollution and achieve green production.
International development: With the international development of China's manufacturing industry, cemented carbide cutting tools will gradually become internationalized. Chinese tool companies need to further improve their brand awareness, expand overseas markets, cooperate with internationally renowned tool companies, and promote Chinese cutting tools to the world.
The Global Info Research report includes an overview of the development of the Carbide Cutting Tools industry chain, the market status of Machinery Industry (Turning Tool, Drill), Automobile Industry (Turning Tool, Drill), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Carbide Cutting Tools.
Regionally, the report analyzes the Carbide Cutting Tools markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Carbide Cutting Tools market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Carbide Cutting Tools market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Carbide Cutting Tools industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Turning Tool, Drill).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Carbide Cutting Tools market.
Regional Analysis: The report involves examining the Carbide Cutting Tools market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Carbide Cutting Tools market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Carbide Cutting Tools:
Company Analysis: Report covers individual Carbide Cutting Tools manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Carbide Cutting Tools This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Machinery Industry, Automobile Industry).
Technology Analysis: Report covers specific technologies relevant to Carbide Cutting Tools. It assesses the current state, advancements, and potential future developments in Carbide Cutting Tools areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Carbide Cutting Tools market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Carbide Cutting Tools market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Turning Tool
Drill
Reamer
Broach
Milling Cutter
Thread Cutter
Market segment by Application
Machinery Industry
Automobile Industry
Aerospace
Energy Industry
Others
Major players covered
Sandvik
IMC Group
Mitsubishi
Kennametal
OSG
Sumitomo Electric
Mapal
YG-1
Zhuzhou Cemented Carbide Cutting Tools
Union Tool
Korloy
LMT
Ceratizit
Shanghai Tool Works
Oke Precision Cutting Tools
Guhring
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Carbide Cutting Tools product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Carbide Cutting Tools, with price, sales, revenue and global market share of Carbide Cutting Tools from 2018 to 2023.
Chapter 3, the Carbide Cutting Tools competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Carbide Cutting Tools breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Carbide Cutting Tools market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Carbide Cutting Tools.
Chapter 14 and 15, to describe Carbide Cutting Tools sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope of Carbide Cutting Tools
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Carbide Cutting Tools Consumption Value by Type: 2018 Versus 2022 Versus 2029
    • 1.3.2 Turning Tool
    • 1.3.3 Drill
    • 1.3.4 Reamer
    • 1.3.5 Broach
    • 1.3.6 Milling Cutter
    • 1.3.7 Thread Cutter
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Carbide Cutting Tools Consumption Value by Application: 2018 Versus 2022 Versus 2029
    • 1.4.2 Machinery Industry
    • 1.4.3 Automobile Industry
    • 1.4.4 Aerospace
    • 1.4.5 Energy Industry
    • 1.4.6 Others
  • 1.5 Global Carbide Cutting Tools Market Size & Forecast
    • 1.5.1 Global Carbide Cutting Tools Consumption Value (2018 & 2022 & 2029)
    • 1.5.2 Global Carbide Cutting Tools Sales Quantity (2018-2029)
    • 1.5.3 Global Carbide Cutting Tools Average Price (2018-2029)

2 Manufacturers Profiles

  • 2.1 Sandvik
    • 2.1.1 Sandvik Details
    • 2.1.2 Sandvik Major Business
    • 2.1.3 Sandvik Carbide Cutting Tools Product and Services
    • 2.1.4 Sandvik Carbide Cutting Tools Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.1.5 Sandvik Recent Developments/Updates
  • 2.2 IMC Group
    • 2.2.1 IMC Group Details
    • 2.2.2 IMC Group Major Business
    • 2.2.3 IMC Group Carbide Cutting Tools Product and Services
    • 2.2.4 IMC Group Carbide Cutting Tools Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.2.5 IMC Group Recent Developments/Updates
  • 2.3 Mitsubishi
    • 2.3.1 Mitsubishi Details
    • 2.3.2 Mitsubishi Major Business
    • 2.3.3 Mitsubishi Carbide Cutting Tools Product and Services
    • 2.3.4 Mitsubishi Carbide Cutting Tools Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.3.5 Mitsubishi Recent Developments/Updates
  • 2.4 Kennametal
    • 2.4.1 Kennametal Details
    • 2.4.2 Kennametal Major Business
    • 2.4.3 Kennametal Carbide Cutting Tools Product and Services
    • 2.4.4 Kennametal Carbide Cutting Tools Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.4.5 Kennametal Recent Developments/Updates
  • 2.5 OSG
    • 2.5.1 OSG Details
    • 2.5.2 OSG Major Business
    • 2.5.3 OSG Carbide Cutting Tools Product and Services
    • 2.5.4 OSG Carbide Cutting Tools Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.5.5 OSG Recent Developments/Updates
  • 2.6 Sumitomo Electric
    • 2.6.1 Sumitomo Electric Details
    • 2.6.2 Sumitomo Electric Major Business
    • 2.6.3 Sumitomo Electric Carbide Cutting Tools Product and Services
    • 2.6.4 Sumitomo Electric Carbide Cutting Tools Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.6.5 Sumitomo Electric Recent Developments/Updates
  • 2.7 Mapal
    • 2.7.1 Mapal Details
    • 2.7.2 Mapal Major Business
    • 2.7.3 Mapal Carbide Cutting Tools Product and Services
    • 2.7.4 Mapal Carbide Cutting Tools Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.7.5 Mapal Recent Developments/Updates
  • 2.8 YG-1
    • 2.8.1 YG-1 Details
    • 2.8.2 YG-1 Major Business
    • 2.8.3 YG-1 Carbide Cutting Tools Product and Services
    • 2.8.4 YG-1 Carbide Cutting Tools Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.8.5 YG-1 Recent Developments/Updates
  • 2.9 Zhuzhou Cemented Carbide Cutting Tools
    • 2.9.1 Zhuzhou Cemented Carbide Cutting Tools Details
    • 2.9.2 Zhuzhou Cemented Carbide Cutting Tools Major Business
    • 2.9.3 Zhuzhou Cemented Carbide Cutting Tools Carbide Cutting Tools Product and Services
    • 2.9.4 Zhuzhou Cemented Carbide Cutting Tools Carbide Cutting Tools Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.9.5 Zhuzhou Cemented Carbide Cutting Tools Recent Developments/Updates
  • 2.10 Union Tool
    • 2.10.1 Union Tool Details
    • 2.10.2 Union Tool Major Business
    • 2.10.3 Union Tool Carbide Cutting Tools Product and Services
    • 2.10.4 Union Tool Carbide Cutting Tools Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.10.5 Union Tool Recent Developments/Updates
  • 2.11 Korloy
    • 2.11.1 Korloy Details
    • 2.11.2 Korloy Major Business
    • 2.11.3 Korloy Carbide Cutting Tools Product and Services
    • 2.11.4 Korloy Carbide Cutting Tools Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.11.5 Korloy Recent Developments/Updates
  • 2.12 LMT
    • 2.12.1 LMT Details
    • 2.12.2 LMT Major Business
    • 2.12.3 LMT Carbide Cutting Tools Product and Services
    • 2.12.4 LMT Carbide Cutting Tools Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.12.5 LMT Recent Developments/Updates
  • 2.13 Ceratizit
    • 2.13.1 Ceratizit Details
    • 2.13.2 Ceratizit Major Business
    • 2.13.3 Ceratizit Carbide Cutting Tools Product and Services
    • 2.13.4 Ceratizit Carbide Cutting Tools Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.13.5 Ceratizit Recent Developments/Updates
  • 2.14 Shanghai Tool Works
    • 2.14.1 Shanghai Tool Works Details
    • 2.14.2 Shanghai Tool Works Major Business
    • 2.14.3 Shanghai Tool Works Carbide Cutting Tools Product and Services
    • 2.14.4 Shanghai Tool Works Carbide Cutting Tools Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.14.5 Shanghai Tool Works Recent Developments/Updates
  • 2.15 Oke Precision Cutting Tools
    • 2.15.1 Oke Precision Cutting Tools Details
    • 2.15.2 Oke Precision Cutting Tools Major Business
    • 2.15.3 Oke Precision Cutting Tools Carbide Cutting Tools Product and Services
    • 2.15.4 Oke Precision Cutting Tools Carbide Cutting Tools Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.15.5 Oke Precision Cutting Tools Recent Developments/Updates
  • 2.16 Guhring
    • 2.16.1 Guhring Details
    • 2.16.2 Guhring Major Business
    • 2.16.3 Guhring Carbide Cutting Tools Product and Services
    • 2.16.4 Guhring Carbide Cutting Tools Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.16.5 Guhring Recent Developments/Updates

3 Competitive Environment: Carbide Cutting Tools by Manufacturer

  • 3.1 Global Carbide Cutting Tools Sales Quantity by Manufacturer (2018-2023)
  • 3.2 Global Carbide Cutting Tools Revenue by Manufacturer (2018-2023)
  • 3.3 Global Carbide Cutting Tools Average Price by Manufacturer (2018-2023)
  • 3.4 Market Share Analysis (2022)
    • 3.4.1 Producer Shipments of Carbide Cutting Tools by Manufacturer Revenue ($MM) and Market Share (%): 2022
    • 3.4.2 Top 3 Carbide Cutting Tools Manufacturer Market Share in 2022
    • 3.4.2 Top 6 Carbide Cutting Tools Manufacturer Market Share in 2022
  • 3.5 Carbide Cutting Tools Market: Overall Company Footprint Analysis
    • 3.5.1 Carbide Cutting Tools Market: Region Footprint
    • 3.5.2 Carbide Cutting Tools Market: Company Product Type Footprint
    • 3.5.3 Carbide Cutting Tools Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Carbide Cutting Tools Market Size by Region
    • 4.1.1 Global Carbide Cutting Tools Sales Quantity by Region (2018-2029)
    • 4.1.2 Global Carbide Cutting Tools Consumption Value by Region (2018-2029)
    • 4.1.3 Global Carbide Cutting Tools Average Price by Region (2018-2029)
  • 4.2 North America Carbide Cutting Tools Consumption Value (2018-2029)
  • 4.3 Europe Carbide Cutting Tools Consumption Value (2018-2029)
  • 4.4 Asia-Pacific Carbide Cutting Tools Consumption Value (2018-2029)
  • 4.5 South America Carbide Cutting Tools Consumption Value (2018-2029)
  • 4.6 Middle East and Africa Carbide Cutting Tools Consumption Value (2018-2029)

5 Market Segment by Type

  • 5.1 Global Carbide Cutting Tools Sales Quantity by Type (2018-2029)
  • 5.2 Global Carbide Cutting Tools Consumption Value by Type (2018-2029)
  • 5.3 Global Carbide Cutting Tools Average Price by Type (2018-2029)

6 Market Segment by Application

  • 6.1 Global Carbide Cutting Tools Sales Quantity by Application (2018-2029)
  • 6.2 Global Carbide Cutting Tools Consumption Value by Application (2018-2029)
  • 6.3 Global Carbide Cutting Tools Average Price by Application (2018-2029)

7 North America

  • 7.1 North America Carbide Cutting Tools Sales Quantity by Type (2018-2029)
  • 7.2 North America Carbide Cutting Tools Sales Quantity by Application (2018-2029)
  • 7.3 North America Carbide Cutting Tools Market Size by Country
    • 7.3.1 North America Carbide Cutting Tools Sales Quantity by Country (2018-2029)
    • 7.3.2 North America Carbide Cutting Tools Consumption Value by Country (2018-2029)
    • 7.3.3 United States Market Size and Forecast (2018-2029)
    • 7.3.4 Canada Market Size and Forecast (2018-2029)
    • 7.3.5 Mexico Market Size and Forecast (2018-2029)

8 Europe

  • 8.1 Europe Carbide Cutting Tools Sales Quantity by Type (2018-2029)
  • 8.2 Europe Carbide Cutting Tools Sales Quantity by Application (2018-2029)
  • 8.3 Europe Carbide Cutting Tools Market Size by Country
    • 8.3.1 Europe Carbide Cutting Tools Sales Quantity by Country (2018-2029)
    • 8.3.2 Europe Carbide Cutting Tools Consumption Value by Country (2018-2029)
    • 8.3.3 Germany Market Size and Forecast (2018-2029)
    • 8.3.4 France Market Size and Forecast (2018-2029)
    • 8.3.5 United Kingdom Market Size and Forecast (2018-2029)
    • 8.3.6 Russia Market Size and Forecast (2018-2029)
    • 8.3.7 Italy Market Size and Forecast (2018-2029)

9 Asia-Pacific

  • 9.1 Asia-Pacific Carbide Cutting Tools Sales Quantity by Type (2018-2029)
  • 9.2 Asia-Pacific Carbide Cutting Tools Sales Quantity by Application (2018-2029)
  • 9.3 Asia-Pacific Carbide Cutting Tools Market Size by Region
    • 9.3.1 Asia-Pacific Carbide Cutting Tools Sales Quantity by Region (2018-2029)
    • 9.3.2 Asia-Pacific Carbide Cutting Tools Consumption Value by Region (2018-2029)
    • 9.3.3 China Market Size and Forecast (2018-2029)
    • 9.3.4 Japan Market Size and Forecast (2018-2029)
    • 9.3.5 Korea Market Size and Forecast (2018-2029)
    • 9.3.6 India Market Size and Forecast (2018-2029)
    • 9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
    • 9.3.8 Australia Market Size and Forecast (2018-2029)

10 South America

  • 10.1 South America Carbide Cutting Tools Sales Quantity by Type (2018-2029)
  • 10.2 South America Carbide Cutting Tools Sales Quantity by Application (2018-2029)
  • 10.3 South America Carbide Cutting Tools Market Size by Country
    • 10.3.1 South America Carbide Cutting Tools Sales Quantity by Country (2018-2029)
    • 10.3.2 South America Carbide Cutting Tools Consumption Value by Country (2018-2029)
    • 10.3.3 Brazil Market Size and Forecast (2018-2029)
    • 10.3.4 Argentina Market Size and Forecast (2018-2029)

11 Middle East & Africa

  • 11.1 Middle East & Africa Carbide Cutting Tools Sales Quantity by Type (2018-2029)
  • 11.2 Middle East & Africa Carbide Cutting Tools Sales Quantity by Application (2018-2029)
  • 11.3 Middle East & Africa Carbide Cutting Tools Market Size by Country
    • 11.3.1 Middle East & Africa Carbide Cutting Tools Sales Quantity by Country (2018-2029)
    • 11.3.2 Middle East & Africa Carbide Cutting Tools Consumption Value by Country (2018-2029)
    • 11.3.3 Turkey Market Size and Forecast (2018-2029)
    • 11.3.4 Egypt Market Size and Forecast (2018-2029)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
    • 11.3.6 South Africa Market Size and Forecast (2018-2029)

12 Market Dynamics

  • 12.1 Carbide Cutting Tools Market Drivers
  • 12.2 Carbide Cutting Tools Market Restraints
  • 12.3 Carbide Cutting Tools Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Carbide Cutting Tools and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Carbide Cutting Tools
  • 13.3 Carbide Cutting Tools Production Process
  • 13.4 Carbide Cutting Tools Industrial Chain

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Carbide Cutting Tools Typical Distributors
  • 14.3 Carbide Cutting Tools Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Carbide Cutting Tools. Industry analysis & Market Report on Carbide Cutting Tools is a syndicated market report, published as Global Carbide Cutting Tools Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Carbide Cutting Tools market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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