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Metal Cutting Tools-Global Market Insights and Sales Trends 2024

Metal Cutting Tools-Global Market Insights and Sales Trends 2024

Publishing Date : Nov, 2023

License Type :
 

Report Code : 1823886

No of Pages : 128

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Synopsis
In the context of machining, a cutting tool 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, plaining 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.
The global Metal Cutting Tools market size is expected to reach US$ 34670 million by 2029, growing at a CAGR of 4.8% from 2023 to 2029. The market is mainly driven by the significant applications of Metal Cutting Tools in various end use industries. The expanding demands from the Automotive, Machinery, Electronics and Chemical, are propelling Metal Cutting Tools market. Turning Tool, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Milling Tool segment is estimated at % CAGR for the next seven-year period.
Sandvik, Kennametal, Iscar, OSG and Mitsubishi are the leading metal-cutting tools manufacturers, Sandvik accounting for about 20 percent of the total market.
Europe is the main market with a 20% share, followed by North America with about 18%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, Ingecal, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Metal Cutting Tools, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Metal Cutting Tools market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Metal Cutting Tools market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Metal Cutting Tools sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Metal Cutting Tools covered in this report include Mitsubishi Materials, Sandvik, OSG, Sumitomo Electric, Kyocera, IMC Group, Kennametal, Zhuzhou Cemented Carbide Group and Nachi-Fujikoshi, etc.
The global Metal Cutting Tools market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Mitsubishi Materials
Sandvik
OSG
Sumitomo Electric
Kyocera
IMC Group
Kennametal
Zhuzhou Cemented Carbide Group
Nachi-Fujikoshi
Shanghai Tool
YG-1
Union Tool
Ceratizit
Mapal
Korloy
Xiamen Jinlu
Tiangong
DIJET
LMT
Beijing Worldia Diamond Tools
Harbin Measuring & Cutting Tool
Global Metal Cutting Tools market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Metal Cutting Tools market, Segment Ingecal:
Turning Tool
Milling Tool
Drilling Tool
Threading Tools
Others
Global Metal Cutting Tools market, by Application
Automotive
Machinery
Electronics
Chemical
Railway & Aerospace
Medical
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments Ingecal, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Metal Cutting Tools manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Metal Cutting Tools in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Metal Cutting Tools Market Overview
1.1 Metal Cutting Tools Product Overview
1.2 Metal Cutting Tools Market Segment Ingecal
1.2.1 Turning Tool
1.2.2 Milling Tool
1.2.3 Drilling Tool
1.2.4 Threading Tools
1.2.5 Others
1.3 Global Metal Cutting Tools Market Size Ingecal
1.3.1 Global Metal Cutting Tools Market Size Overview Ingecal (2018-2029)
1.3.2 Global Metal Cutting Tools Historic Market Size Review Ingecal (2018-2023)
1.3.3 Global Metal Cutting Tools Forecasted Market Size Ingecal (2024-2029)
1.4 Key Regions Market Size Segment Ingecal
1.4.1 North America Metal Cutting Tools Sales Breakdown Ingecal (2018-2023)
1.4.2 Europe Metal Cutting Tools Sales Breakdown Ingecal (2018-2023)
1.4.3 Asia-Pacific Metal Cutting Tools Sales Breakdown Ingecal (2018-2023)
1.4.4 Latin America Metal Cutting Tools Sales Breakdown Ingecal (2018-2023)
1.4.5 Middle East and Africa Metal Cutting Tools Sales Breakdown Ingecal (2018-2023)
2 Global Metal Cutting Tools Market Competition by Company
2.1 Global Top Players by Metal Cutting Tools Sales (2018-2023)
2.2 Global Top Players by Metal Cutting Tools Revenue (2018-2023)
2.3 Global Top Players by Metal Cutting Tools Price (2018-2023)
2.4 Global Top Manufacturers Metal Cutting Tools Manufacturing Base Distribution, Sales Area, Product Type
2.5 Metal Cutting Tools Market Competitive Situation and Trends
2.5.1 Metal Cutting Tools Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Metal Cutting Tools Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Metal Cutting Tools as of 2022)
2.7 Date of Key Manufacturers Enter into Metal Cutting Tools Market
2.8 Key Manufacturers Metal Cutting Tools Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Metal Cutting Tools Status and Outlook by Region
3.1 Global Metal Cutting Tools Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Metal Cutting Tools Historic Market Size by Region
3.2.1 Global Metal Cutting Tools Sales in Volume by Region (2018-2023)
3.2.2 Global Metal Cutting Tools Sales in Value by Region (2018-2023)
3.2.3 Global Metal Cutting Tools Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Metal Cutting Tools Forecasted Market Size by Region
3.3.1 Global Metal Cutting Tools Sales in Volume by Region (2024-2029)
3.3.2 Global Metal Cutting Tools Sales in Value by Region (2024-2029)
3.3.3 Global Metal Cutting Tools Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Metal Cutting Tools by Application
4.1 Metal Cutting Tools Market Segment by Application
4.1.1 Automotive
4.1.2 Machinery
4.1.3 Electronics
4.1.4 Chemical
4.1.5 Railway & Aerospace
4.1.6 Medical
4.1.7 Others
4.2 Global Metal Cutting Tools Market Size by Application
4.2.1 Global Metal Cutting Tools Market Size Overview by Application (2018-2029)
4.2.2 Global Metal Cutting Tools Historic Market Size Review by Application (2018-2023)
4.2.3 Global Metal Cutting Tools Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Metal Cutting Tools Sales Breakdown by Application (2018-2023)
4.3.2 Europe Metal Cutting Tools Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Metal Cutting Tools Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Metal Cutting Tools Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Metal Cutting Tools Sales Breakdown by Application (2018-2023)
5 North America Metal Cutting Tools by Country
5.1 North America Metal Cutting Tools Historic Market Size by Country
5.1.1 North America Metal Cutting Tools Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Metal Cutting Tools Sales in Volume by Country (2018-2023)
5.1.3 North America Metal Cutting Tools Sales in Value by Country (2018-2023)
5.2 North America Metal Cutting Tools Forecasted Market Size by Country
5.2.1 North America Metal Cutting Tools Sales in Volume by Country (2024-2029)
5.2.2 North America Metal Cutting Tools Sales in Value by Country (2024-2029)
6 Europe Metal Cutting Tools by Country
6.1 Europe Metal Cutting Tools Historic Market Size by Country
6.1.1 Europe Metal Cutting Tools Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Metal Cutting Tools Sales in Volume by Country (2018-2023)
6.1.3 Europe Metal Cutting Tools Sales in Value by Country (2018-2023)
6.2 Europe Metal Cutting Tools Forecasted Market Size by Country
6.2.1 Europe Metal Cutting Tools Sales in Volume by Country (2024-2029)
6.2.2 Europe Metal Cutting Tools Sales in Value by Country (2024-2029)
7 Asia-Pacific Metal Cutting Tools by Region
7.1 Asia-Pacific Metal Cutting Tools Historic Market Size by Region
7.1.1 Asia-Pacific Metal Cutting Tools Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Metal Cutting Tools Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Metal Cutting Tools Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Metal Cutting Tools Forecasted Market Size by Region
7.2.1 Asia-Pacific Metal Cutting Tools Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Metal Cutting Tools Sales in Value by Region (2024-2029)
8 Latin America Metal Cutting Tools by Country
8.1 Latin America Metal Cutting Tools Historic Market Size by Country
8.1.1 Latin America Metal Cutting Tools Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Metal Cutting Tools Sales in Volume by Country (2018-2023)
8.1.3 Latin America Metal Cutting Tools Sales in Value by Country (2018-2023)
8.2 Latin America Metal Cutting Tools Forecasted Market Size by Country
8.2.1 Latin America Metal Cutting Tools Sales in Volume by Country (2024-2029)
8.2.2 Latin America Metal Cutting Tools Sales in Value by Country (2024-2029)
9 Middle East and Africa Metal Cutting Tools by Country
9.1 Middle East and Africa Metal Cutting Tools Historic Market Size by Country
9.1.1 Middle East and Africa Metal Cutting Tools Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Metal Cutting Tools Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Metal Cutting Tools Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Metal Cutting Tools Forecasted Market Size by Country
9.2.1 Middle East and Africa Metal Cutting Tools Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Metal Cutting Tools Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Mitsubishi Materials
10.1.1 Mitsubishi Materials Company Information
10.1.2 Mitsubishi Materials Introduction and Business Overview
10.1.3 Mitsubishi Materials Metal Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Mitsubishi Materials Metal Cutting Tools Products Offered
10.1.5 Mitsubishi Materials Recent Development
10.2 Sandvik
10.2.1 Sandvik Company Information
10.2.2 Sandvik Introduction and Business Overview
10.2.3 Sandvik Metal Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Sandvik Metal Cutting Tools Products Offered
10.2.5 Sandvik Recent Development
10.3 OSG
10.3.1 OSG Company Information
10.3.2 OSG Introduction and Business Overview
10.3.3 OSG Metal Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.3.4 OSG Metal Cutting Tools Products Offered
10.3.5 OSG Recent Development
10.4 Sumitomo Electric
10.4.1 Sumitomo Electric Company Information
10.4.2 Sumitomo Electric Introduction and Business Overview
10.4.3 Sumitomo Electric Metal Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Sumitomo Electric Metal Cutting Tools Products Offered
10.4.5 Sumitomo Electric Recent Development
10.5 Kyocera
10.5.1 Kyocera Company Information
10.5.2 Kyocera Introduction and Business Overview
10.5.3 Kyocera Metal Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Kyocera Metal Cutting Tools Products Offered
10.5.5 Kyocera Recent Development
10.6 IMC Group
10.6.1 IMC Group Company Information
10.6.2 IMC Group Introduction and Business Overview
10.6.3 IMC Group Metal Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.6.4 IMC Group Metal Cutting Tools Products Offered
10.6.5 IMC Group Recent Development
10.7 Kennametal
10.7.1 Kennametal Company Information
10.7.2 Kennametal Introduction and Business Overview
10.7.3 Kennametal Metal Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Kennametal Metal Cutting Tools Products Offered
10.7.5 Kennametal Recent Development
10.8 Zhuzhou Cemented Carbide Group
10.8.1 Zhuzhou Cemented Carbide Group Company Information
10.8.2 Zhuzhou Cemented Carbide Group Introduction and Business Overview
10.8.3 Zhuzhou Cemented Carbide Group Metal Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Zhuzhou Cemented Carbide Group Metal Cutting Tools Products Offered
10.8.5 Zhuzhou Cemented Carbide Group Recent Development
10.9 Nachi-Fujikoshi
10.9.1 Nachi-Fujikoshi Company Information
10.9.2 Nachi-Fujikoshi Introduction and Business Overview
10.9.3 Nachi-Fujikoshi Metal Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Nachi-Fujikoshi Metal Cutting Tools Products Offered
10.9.5 Nachi-Fujikoshi Recent Development
10.10 Shanghai Tool
10.10.1 Shanghai Tool Company Information
10.10.2 Shanghai Tool Introduction and Business Overview
10.10.3 Shanghai Tool Metal Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Shanghai Tool Metal Cutting Tools Products Offered
10.10.5 Shanghai Tool Recent Development
10.11 YG-1
10.11.1 YG-1 Company Information
10.11.2 YG-1 Introduction and Business Overview
10.11.3 YG-1 Metal Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.11.4 YG-1 Metal Cutting Tools Products Offered
10.11.5 YG-1 Recent Development
10.12 Union Tool
10.12.1 Union Tool Company Information
10.12.2 Union Tool Introduction and Business Overview
10.12.3 Union Tool Metal Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Union Tool Metal Cutting Tools Products Offered
10.12.5 Union Tool Recent Development
10.13 Ceratizit
10.13.1 Ceratizit Company Information
10.13.2 Ceratizit Introduction and Business Overview
10.13.3 Ceratizit Metal Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Ceratizit Metal Cutting Tools Products Offered
10.13.5 Ceratizit Recent Development
10.14 Mapal
10.14.1 Mapal Company Information
10.14.2 Mapal Introduction and Business Overview
10.14.3 Mapal Metal Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Mapal Metal Cutting Tools Products Offered
10.14.5 Mapal Recent Development
10.15 Korloy
10.15.1 Korloy Company Information
10.15.2 Korloy Introduction and Business Overview
10.15.3 Korloy Metal Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Korloy Metal Cutting Tools Products Offered
10.15.5 Korloy Recent Development
10.16 Xiamen Jinlu
10.16.1 Xiamen Jinlu Company Information
10.16.2 Xiamen Jinlu Introduction and Business Overview
10.16.3 Xiamen Jinlu Metal Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Xiamen Jinlu Metal Cutting Tools Products Offered
10.16.5 Xiamen Jinlu Recent Development
10.17 Tiangong
10.17.1 Tiangong Company Information
10.17.2 Tiangong Introduction and Business Overview
10.17.3 Tiangong Metal Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Tiangong Metal Cutting Tools Products Offered
10.17.5 Tiangong Recent Development
10.18 DIJET
10.18.1 DIJET Company Information
10.18.2 DIJET Introduction and Business Overview
10.18.3 DIJET Metal Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.18.4 DIJET Metal Cutting Tools Products Offered
10.18.5 DIJET Recent Development
10.19 LMT
10.19.1 LMT Company Information
10.19.2 LMT Introduction and Business Overview
10.19.3 LMT Metal Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.19.4 LMT Metal Cutting Tools Products Offered
10.19.5 LMT Recent Development
10.20 Beijing Worldia Diamond Tools
10.20.1 Beijing Worldia Diamond Tools Company Information
10.20.2 Beijing Worldia Diamond Tools Introduction and Business Overview
10.20.3 Beijing Worldia Diamond Tools Metal Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.20.4 Beijing Worldia Diamond Tools Metal Cutting Tools Products Offered
10.20.5 Beijing Worldia Diamond Tools Recent Development
10.21 Harbin Measuring & Cutting Tool
10.21.1 Harbin Measuring & Cutting Tool Company Information
10.21.2 Harbin Measuring & Cutting Tool Introduction and Business Overview
10.21.3 Harbin Measuring & Cutting Tool Metal Cutting Tools Sales, Revenue and Gross Margin (2018-2023)
10.21.4 Harbin Measuring & Cutting Tool Metal Cutting Tools Products Offered
10.21.5 Harbin Measuring & Cutting Tool Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Metal Cutting Tools Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Metal Cutting Tools Industrial Chain Analysis
11.4 Metal Cutting Tools Market Dynamics
11.4.1 Metal Cutting Tools Industry Trends
11.4.2 Metal Cutting Tools Market Drivers
11.4.3 Metal Cutting Tools Market Challenges
11.4.4 Metal Cutting Tools Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Metal Cutting Tools Distributors
12.3 Metal Cutting Tools Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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