Report Detail
Global Cutting Tools Market Research Report 2019
- RnM2909226 |
- 08 February, 2019 |
- Global |
- 112 Pages |
- QYResearch |
- Machinery & Equipment
In the context of machining, a cutting tool or cutter is any tool that is used to remove material from the workpiece by means of shear deformation. Cutting may be accomplished by single-point or multipoint tools. Single-point tools are used in turning, shaping, planing and similar operations, and remove material by means of one cutting edge. Milling and drilling tools are often multipoint tools. Grinding tools are also multipoint tools. Each grain of abrasive functions as a microscopic single-point cutting edge (although of high negative rake angle), and shears a tiny chip.
In the Metal Cutting Tools market, Sandvik, Kennametal, Iscar, OSG respectively account for 3.88%, 1.62%, 1.24%, 1.06% market share in 2017, and the sum of the market share percentage held by the largest number of firms in this industry is less than 50%, which indicate that the Metal Cutting Tools industry is perfectly competitive and is considered low concentration. The reason is the manufacturing technology of Metal Cutting Tools is relatively more mature than some high-tech equipment.
In the coming years there is an increasing demand for Metal Cutting Tools in the regions of USA and Europe that is expected to drive the market for more advanced Metal Cutting Tools. Increasing of automotive fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Metal Cutting Tools will drive growth in China markets.
The Revenue of Metal Cutting Tools is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Metal Cutting Tools industry may not keep that fast. But it is surely forecasted that the market of Metal Cutting Tools is still promising.
The impact on the cost and availability of raw materials and certain components is uncertain due to potential supply changes. The costs of raw materials have a significant impact on the level of expenses. If the prices of raw materials and related factors such as energy prices increase, and if new companies cannot pass those price increases on to customers, their results of operations and financial condition would suffer.
With emerging economies growing faster, a strategy has been adopted by most leading vendors in the Metal Cutting Tools market to approach these areas. QYR analysis of the Metal Cutting Tools market indicated that Asia would account for the highest consumption in 2022 with close to 25.97 percent of global revenue coming from this region, and it’s keeping grow as the increasing of the market. Vendors recognize the importance of this region, particularly in China, and are working towards penetrating this market by strengthening their sales and distribution networks.
Although the market competition of Metal Cutting Tools is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of Metal Cutting Tools and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.
The global Cutting Tools market is valued at 34000 million US$ in 2018 is expected to reach 41400 million US$ by the end of 2025, growing at a CAGR of 2.5% during 2019-2025.
This report focuses on Cutting Tools volume and value at global level, regional level and company level. From a global perspective, this report represents overall Cutting Tools market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Sandvik
Kennametal
Iscar
OSG
Mitsubishi
Kyocera
Sumitomo
Mapal
Nachi-Fujikoshi
LMT
ZCCCT
YG-1
Shanghai Tool
Korloy
Union Tool
Tiangong
Guhring
Harbin No.1 Tool
Tivoly
Ceratizit
Hitachi
Feidadrills
Chengdu Chengliang
BIG Kaiser
Addison
Hanjiang
EST Tools
Xiamen Golden Erge
AHNO
Sandhog
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Cemented Carbide
High Speed Steel
Ceramics
Diamond
Others
Segment by Application
Milling
Turning
Drilling
Grinding
Others
Table of Contents
Executive Summary
1 Cutting Tools Market Overview
- 1.1 Product Overview and Scope of Cutting Tools
- 1.2 Cutting Tools Segment by Type
- 1.2.1 Global Cutting Tools Production Growth Rate Comparison by Type (2014-2025)
- 1.2.2 Cemented Carbide
- 1.2.3 High Speed Steel
- 1.2.4 Ceramics
- 1.2.5 Diamond
- 1.2.6 Others
- 1.3 Cutting Tools Segment by Application
- 1.3.1 Cutting Tools Consumption Comparison by Application (2014-2025)
- 1.3.2 Milling
- 1.3.3 Turning
- 1.3.4 Drilling
- 1.3.5 Grinding
- 1.3.6 Others
- 1.3 Global Cutting Tools Market by Region
- 1.3.1 Global Cutting Tools Market Size Region
- 1.3.2 North America Status and Prospect (2014-2025)
- 1.3.3 Europe Status and Prospect (2014-2025)
- 1.3.4 China Status and Prospect (2014-2025)
- 1.3.5 Japan Status and Prospect (2014-2025)
- 1.3.6 Southeast Asia Status and Prospect (2014-2025)
- 1.3.7 India Status and Prospect (2014-2025)
- 1.4 Global Cutting Tools Market Size
- 1.4.1 Global Cutting Tools Revenue (2014-2025)
- 1.4.2 Global Cutting Tools Production (2014-2025)
2 Global Cutting Tools Market Competition by Manufacturers
- 2.1 Global Cutting Tools Production Market Share by Manufacturers (2014-2019)
- 2.2 Global Cutting Tools Revenue Share by Manufacturers (2014-2019)
- 2.3 Global Cutting Tools Average Price by Manufacturers (2014-2019)
- 2.4 Manufacturers Cutting Tools Production Sites, Area Served, Product Types
- 2.5 Cutting Tools Market Competitive Situation and Trends
- 2.5.1 Cutting Tools Market Concentration Rate
- 2.5.2 Cutting Tools Market Share of Top 3 and Top 5 Manufacturers
- 2.5.3 Mergers & Acquisitions, Expansion
3 Global Cutting Tools Production Market Share by Regions
- 3.1 Global Cutting Tools Production Market Share by Regions
- 3.2 Global Cutting Tools Revenue Market Share by Regions (2014-2019)
- 3.3 Global Cutting Tools Production, Revenue, Price and Gross Margin (2014-2019)
- 3.4 North America Cutting Tools Production
- 3.4.1 North America Cutting Tools Production Growth Rate (2014-2019)
- 3.4.2 North America Cutting Tools Production, Revenue, Price and Gross Margin (2014-2019)
- 3.5 Europe Cutting Tools Production
- 3.5.1 Europe Cutting Tools Production Growth Rate (2014-2019)
- 3.5.2 Europe Cutting Tools Production, Revenue, Price and Gross Margin (2014-2019)
- 3.6 China Cutting Tools Production (2014-2019)
- 3.6.1 China Cutting Tools Production Growth Rate (2014-2019)
- 3.6.2 China Cutting Tools Production, Revenue, Price and Gross Margin (2014-2019)
- 3.7 Japan Cutting Tools Production (2014-2019)
- 3.7.1 Japan Cutting Tools Production Growth Rate (2014-2019)
- 3.7.2 Japan Cutting Tools Production, Revenue, Price and Gross Margin (2014-2019)
4 Global Cutting Tools Consumption by Regions
- 4.1 Global Cutting Tools Consumption by Regions
- 4.2 North America Cutting Tools Consumption (2014-2019)
- 4.3 Europe Cutting Tools Consumption (2014-2019)
- 4.4 China Cutting Tools Consumption (2014-2019)
- 4.5 Japan Cutting Tools Consumption (2014-2019)
5 Global Cutting Tools Production, Revenue, Price Trend by Type
- 5.1 Global Cutting Tools Production Market Share by Type (2014-2019)
- 5.2 Global Cutting Tools Revenue Market Share by Type (2014-2019)
- 5.3 Global Cutting Tools Price by Type (2014-2019)
- 5.4 Global Cutting Tools Production Growth by Type (2014-2019)
6 Global Cutting Tools Market Analysis by Applications
- 6.1 Global Cutting Tools Consumption Market Share by Application (2014-2019)
- 6.2 Global Cutting Tools Consumption Growth Rate by Application (2014-2019)
7 Company Profiles and Key Figures in Cutting Tools Business
- 7.1 Sandvik
- 7.1.1 Sandvik Cutting Tools Production Sites and Area Served
- 7.1.2 Cutting Tools Product Introduction, Application and Specification
- 7.1.3 Sandvik Cutting Tools Production, Revenue, Price and Gross Margin (2014-2019)
- 7.1.4 Main Business and Markets Served
- 7.2 Kennametal
- 7.2.1 Kennametal Cutting Tools Production Sites and Area Served
- 7.2.2 Cutting Tools Product Introduction, Application and Specification
- 7.2.3 Kennametal Cutting Tools Production, Revenue, Price and Gross Margin (2014-2019)
- 7.2.4 Main Business and Markets Served
- 7.3 Iscar
- 7.3.1 Iscar Cutting Tools Production Sites and Area Served
- 7.3.2 Cutting Tools Product Introduction, Application and Specification
- 7.3.3 Iscar Cutting Tools Production, Revenue, Price and Gross Margin (2014-2019)
- 7.3.4 Main Business and Markets Served
- 7.4 OSG
- 7.4.1 OSG Cutting Tools Production Sites and Area Served
- 7.4.2 Cutting Tools Product Introduction, Application and Specification
- 7.4.3 OSG Cutting Tools Production, Revenue, Price and Gross Margin (2014-2019)
- 7.4.4 Main Business and Markets Served
- 7.5 Mitsubishi
- 7.5.1 Mitsubishi Cutting Tools Production Sites and Area Served
- 7.5.2 Cutting Tools Product Introduction, Application and Specification
- 7.5.3 Mitsubishi Cutting Tools Production, Revenue, Price and Gross Margin (2014-2019)
- 7.5.4 Main Business and Markets Served
- 7.6 Kyocera
- 7.6.1 Kyocera Cutting Tools Production Sites and Area Served
- 7.6.2 Cutting Tools Product Introduction, Application and Specification
- 7.6.3 Kyocera Cutting Tools Production, Revenue, Price and Gross Margin (2014-2019)
- 7.6.4 Main Business and Markets Served
- 7.7 Sumitomo
- 7.7.1 Sumitomo Cutting Tools Production Sites and Area Served
- 7.7.2 Cutting Tools Product Introduction, Application and Specification
- 7.7.3 Sumitomo Cutting Tools Production, Revenue, Price and Gross Margin (2014-2019)
- 7.7.4 Main Business and Markets Served
- 7.8 Mapal
- 7.8.1 Mapal Cutting Tools Production Sites and Area Served
- 7.8.2 Cutting Tools Product Introduction, Application and Specification
- 7.8.3 Mapal Cutting Tools Production, Revenue, Price and Gross Margin (2014-2019)
- 7.8.4 Main Business and Markets Served
- 7.9 Nachi-Fujikoshi
- 7.9.1 Nachi-Fujikoshi Cutting Tools Production Sites and Area Served
- 7.9.2 Cutting Tools Product Introduction, Application and Specification
- 7.9.3 Nachi-Fujikoshi Cutting Tools Production, Revenue, Price and Gross Margin (2014-2019)
- 7.9.4 Main Business and Markets Served
- 7.10 LMT
- 7.10.1 LMT Cutting Tools Production Sites and Area Served
- 7.10.2 Cutting Tools Product Introduction, Application and Specification
- 7.10.3 LMT Cutting Tools Production, Revenue, Price and Gross Margin (2014-2019)
- 7.10.4 Main Business and Markets Served
- 7.11 ZCCCT
- 7.12 YG-1
- 7.13 Shanghai Tool
- 7.14 Korloy
- 7.15 Union Tool
- 7.16 Tiangong
- 7.17 Guhring
- 7.18 Harbin No.1 Tool
- 7.19 Tivoly
- 7.20 Ceratizit
- 7.21 Hitachi
- 7.22 Feidadrills
- 7.23 Chengdu Chengliang
- 7.24 BIG Kaiser
- 7.25 Addison
- 7.26 Hanjiang
- 7.27 EST Tools
- 7.28 Xiamen Golden Erge
- 7.29 AHNO
- 7.30 Sandhog
8 Cutting Tools Manufacturing Cost Analysis
- 8.1 Cutting Tools Key Raw Materials Analysis
- 8.1.1 Key Raw Materials
- 8.1.2 Price Trend of Key Raw Materials
- 8.1.3 Key Suppliers of Raw Materials
- 8.2 Proportion of Manufacturing Cost Structure
- 8.3 Manufacturing Process Analysis of Cutting Tools
- 8.4 Cutting Tools Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
- 9.1 Marketing Channel
- 9.1.1 Direct Marketing
- 9.1.2 Indirect Marketing
- 9.2 Cutting Tools Distributors List
- 9.3 Cutting Tools Customers
10 Market Dynamics
- 10.1 Market Trends
- 10.2 Opportunities
- 10.3 Market Drivers
- 10.4 Challenges
- 10.5 Influence Factors
11 Global Cutting Tools Market Forecast
- 11.1 Global Cutting Tools Production, Revenue Forecast
- 11.1.1 Global Cutting Tools Production Growth Rate Forecast (2019-2025)
- 11.1.2 Global Cutting Tools Revenue and Growth Rate Forecast (2019-2025)
- 11.1.3 Global Cutting Tools Price and Trend Forecast (2019-2025)
- 11.2 Global Cutting Tools Production Forecast by Regions (2019-2025)
- 11.2.1 North America Cutting Tools Production, Revenue Forecast (2019-2025)
- 11.2.2 Europe Cutting Tools Production, Revenue Forecast (2019-2025)
- 11.2.3 China Cutting Tools Production, Revenue Forecast (2019-2025)
- 11.2.4 Japan Cutting Tools Production, Revenue Forecast (2019-2025)
- 11.3 Global Cutting Tools Consumption Forecast by Regions (2019-2025)
- 11.3.1 North America Cutting Tools Consumption Forecast (2019-2025)
- 11.3.2 Europe Cutting Tools Consumption Forecast (2019-2025)
- 11.3.3 China Cutting Tools Consumption Forecast (2019-2025)
- 11.3.4 Japan Cutting Tools Consumption Forecast (2019-2025)
- 11.4 Global Cutting Tools Production, Revenue and Price Forecast by Type (2019-2025)
- 11.5 Global Cutting Tools Consumption Forecast by Application (2019-2025)
12 Research Findings and Conclusion
13 Methodology and Data Source
- 13.1 Methodology/Research Approach
- 13.1.1 Research Programs/Design
- 13.1.2 Market Size Estimation
- 13.1.3 Market Breakdown and Data Triangulation
- 13.2 Data Source
- 13.2.1 Secondary Sources
- 13.2.2 Primary Sources
- 13.3 Author List
Summary:
Get latest Market Research Reports on Cutting Tools . Industry analysis & Market Report on Cutting Tools is a syndicated market report, published as Global Cutting Tools Market Research Report 2019. It is complete Research Study and Industry Analysis of Cutting Tools market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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