New

Cutting Tools Market

2021

Cutting Tools Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Type (Turning Tools, Drilling Tools, Milling Tools, Threading and Grooving Tools, Others); Material (High Speed Steel (HSS), Carbides, Ceramics, Others); End-user (Manufacturing, Automotive, Aerospace and Defense, Marine, Others) and Geography

| Report Code: TIPRE00012273 | No. of Pages: 150 | Category: Manufacturing and Construction | Status: Upcoming

Market Insights

Cutting Tools Market 2028 By Type, Material, End-user and Geography | The Insight Partners

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MARKET INTRODUCTION

The cutting tool is used to remove material from the metallic workpiece by the removal of material. Cutting tools can be a single-point tool or multi-point tool based on the cutting edges available. These tools can be used in machining processes such as drilling, milling, reaming, boring, threading, broaching, tapping, and among other operations. Thus, a wide range of applications of tools is driving the growth of the cutting tools market during the forecast period.

MARKET DYNAMICS

The essentiality of cutting tools for the manufacturing of components or products, continuous requirement of replacement of tools with new units due to wear and tear, and an increased production demand to capitalize on the burgeoning global requirements are rising demand for the various tools which anticipating in the growth of the cutting tools market. Further, rapid industrialization in the developing and the developed countries such as the UK, US, China, India, Brazil, Japan, Germany, and Canada has boosted the growth of various industries such as manufacturing, aerospace & defense, automotive, and marine are expected to fuel the demand for cutting tools market.

MARKET SCOPE

The Global Cutting Tools Market Analysis to 2028 is a specialized and in-depth study of the Cutting tools industry with a special focus on the global market trend analysis. The report aims to provide an overview cutting tools market with detailed market segmentation as type, material, end-user, and geography. The global Cutting tools market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cutting tools market players and offers key trends and opportunities in the cutting tools market.

MARKET SEGMENTATION

The global cutting tools market is segmented on the basis of type, material, end-user. On the basis of type the market is segmented as turning tools, drilling tools, milling tools, threading and grooving tools, others. On the basis of material the market is segmented as high speed steel (HSS), carbides, ceramics, others. On the basis of end-user the market is segmented as manufacturing, automotive, aerospace and defense, marine, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global cutting tools market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The cutting tools market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting cutting tools market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the cutting tools market in these regions.



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MARKET PLAYERS


The reports cover key developments in the cutting tools market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from cutting tools market are anticipated to lucrative growth opportunities in the future with the rising demand for cutting tools in the global market. Below mentioned is the list of few companies engaged in the cutting tools market.

The report also includes the profiles of key cutting tools companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.


  •   BIG KAISER Precision Tooling Inc.
  •   Ingersoll Cutting Tool Company
  •   Kennametal
  •   KYOCERA Corporation
  •   MISUMI Corporation
  •   Mitsubishi Materials Corporation
  •   Nachi-Fujikoshi Corp.
  •   NTK Cutting Tools U.S.A.
  •   Sandvik Coromant
  •   Sumitomo Electric Industries, Ltd.


The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.


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TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1Cutting Tools Market - By Type
1.3.2Cutting Tools Market - By Material
1.3.3Cutting Tools Market - By End-user
1.3.4Cutting Tools Market - By Region
1.3.4.1By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4.CUTTING TOOLS MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS

5.CUTTING TOOLS MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6.CUTTING TOOLS MARKET - GLOBAL MARKET ANALYSIS
6.1.CUTTING TOOLS - GLOBAL MARKET OVERVIEW
6.2.CUTTING TOOLS - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE

7.CUTTING TOOLS MARKET - REVENUE AND FORECASTS TO 2028- TYPE
7.1.OVERVIEW
7.2.TYPE MARKET FORECASTS AND ANALYSIS
7.3.TURNING TOOLS
7.3.1.Overview
7.3.2.Turning Tools Market Forecast and Analysis
7.4.DRILLING TOOLS
7.4.1.Overview
7.4.2.Drilling Tools Market Forecast and Analysis
7.5.MILLING TOOLS
7.5.1.Overview
7.5.2.Milling Tools Market Forecast and Analysis
7.6.THREADING AND GROOVING TOOLS
7.6.1.Overview
7.6.2.Threading and Grooving Tools Market Forecast and Analysis
7.7.OTHERS
7.7.1.Overview
7.7.2.Others Market Forecast and Analysis
8.CUTTING TOOLS MARKET - REVENUE AND FORECASTS TO 2028- MATERIAL
8.1.OVERVIEW
8.2.MATERIAL MARKET FORECASTS AND ANALYSIS
8.3.HIGH SPEED STEEL (HSS)
8.3.1.Overview
8.3.2.High Speed Steel (HSS) Market Forecast and Analysis
8.4.CARBIDES
8.4.1.Overview
8.4.2.Carbides Market Forecast and Analysis
8.5.CERAMICS
8.5.1.Overview
8.5.2.Ceramics Market Forecast and Analysis
8.6.OTHERS
8.6.1.Overview
8.6.2.Others Market Forecast and Analysis
9.CUTTING TOOLS MARKET - REVENUE AND FORECASTS TO 2028- END-USER
9.1.OVERVIEW
9.2.END-USER MARKET FORECASTS AND ANALYSIS
9.3.MANUFACTURING
9.3.1.Overview
9.3.2.Manufacturing Market Forecast and Analysis
9.4.AUTOMOTIVE
9.4.1.Overview
9.4.2.Automotive Market Forecast and Analysis
9.5.AEROSPACE AND DEFENSE
9.5.1.Overview
9.5.2.Aerospace and Defense Market Forecast and Analysis
9.6.MARINE
9.6.1.Overview
9.6.2.Marine Market Forecast and Analysis
9.7.OTHERS
9.7.1.Overview
9.7.2.Others Market Forecast and Analysis

10.CUTTING TOOLS MARKET REVENUE AND FORECASTS TO 2028- GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Cutting Tools Market Overview
10.1.2North America Cutting Tools Market Forecasts and Analysis
10.1.3North America Cutting Tools Market Forecasts and Analysis - By Type
10.1.4North America Cutting Tools Market Forecasts and Analysis - By Material
10.1.5North America Cutting Tools Market Forecasts and Analysis - By End-user
10.1.6North America Cutting Tools Market Forecasts and Analysis - By Countries
10.1.6.1United States Cutting Tools Market
10.1.6.1.1United States Cutting Tools Market by Type
10.1.6.1.2United States Cutting Tools Market by Material
10.1.6.1.3United States Cutting Tools Market by End-user
10.1.6.2Canada Cutting Tools Market
10.1.6.2.1Canada Cutting Tools Market by Type
10.1.6.2.2Canada Cutting Tools Market by Material
10.1.6.2.3Canada Cutting Tools Market by End-user
10.1.6.3Mexico Cutting Tools Market
10.1.6.3.1Mexico Cutting Tools Market by Type
10.1.6.3.2Mexico Cutting Tools Market by Material
10.1.6.3.3Mexico Cutting Tools Market by End-user
10.2.EUROPE
10.2.1Europe Cutting Tools Market Overview
10.2.2Europe Cutting Tools Market Forecasts and Analysis
10.2.3Europe Cutting Tools Market Forecasts and Analysis - By Type
10.2.4Europe Cutting Tools Market Forecasts and Analysis - By Material
10.2.5Europe Cutting Tools Market Forecasts and Analysis - By End-user
10.2.6Europe Cutting Tools Market Forecasts and Analysis - By Countries
10.2.6.1Germany Cutting Tools Market
10.2.6.1.1Germany Cutting Tools Market by Type
10.2.6.1.2Germany Cutting Tools Market by Material
10.2.6.1.3Germany Cutting Tools Market by End-user
10.2.6.2France Cutting Tools Market
10.2.6.2.1France Cutting Tools Market by Type
10.2.6.2.2France Cutting Tools Market by Material
10.2.6.2.3France Cutting Tools Market by End-user
10.2.6.3Italy Cutting Tools Market
10.2.6.3.1Italy Cutting Tools Market by Type
10.2.6.3.2Italy Cutting Tools Market by Material
10.2.6.3.3Italy Cutting Tools Market by End-user
10.2.6.4United Kingdom Cutting Tools Market
10.2.6.4.1United Kingdom Cutting Tools Market by Type
10.2.6.4.2United Kingdom Cutting Tools Market by Material
10.2.6.4.3United Kingdom Cutting Tools Market by End-user
10.2.6.5Russia Cutting Tools Market
10.2.6.5.1Russia Cutting Tools Market by Type
10.2.6.5.2Russia Cutting Tools Market by Material
10.2.6.5.3Russia Cutting Tools Market by End-user
10.2.6.6Rest of Europe Cutting Tools Market
10.2.6.6.1Rest of Europe Cutting Tools Market by Type
10.2.6.6.2Rest of Europe Cutting Tools Market by Material
10.2.6.6.3Rest of Europe Cutting Tools Market by End-user
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Cutting Tools Market Overview
10.3.2Asia-Pacific Cutting Tools Market Forecasts and Analysis
10.3.3Asia-Pacific Cutting Tools Market Forecasts and Analysis - By Type
10.3.4Asia-Pacific Cutting Tools Market Forecasts and Analysis - By Material
10.3.5Asia-Pacific Cutting Tools Market Forecasts and Analysis - By End-user
10.3.6Asia-Pacific Cutting Tools Market Forecasts and Analysis - By Countries
10.3.6.1Australia Cutting Tools Market
10.3.6.1.1Australia Cutting Tools Market by Type
10.3.6.1.2Australia Cutting Tools Market by Material
10.3.6.1.3Australia Cutting Tools Market by End-user
10.3.6.2China Cutting Tools Market
10.3.6.2.1China Cutting Tools Market by Type
10.3.6.2.2China Cutting Tools Market by Material
10.3.6.2.3China Cutting Tools Market by End-user
10.3.6.3India Cutting Tools Market
10.3.6.3.1India Cutting Tools Market by Type
10.3.6.3.2India Cutting Tools Market by Material
10.3.6.3.3India Cutting Tools Market by End-user
10.3.6.4Japan Cutting Tools Market
10.3.6.4.1Japan Cutting Tools Market by Type
10.3.6.4.2Japan Cutting Tools Market by Material
10.3.6.4.3Japan Cutting Tools Market by End-user
10.3.6.5South Korea Cutting Tools Market
10.3.6.5.1South Korea Cutting Tools Market by Type
10.3.6.5.2South Korea Cutting Tools Market by Material
10.3.6.5.3South Korea Cutting Tools Market by End-user
10.3.6.6Rest of Asia-Pacific Cutting Tools Market
10.3.6.6.1Rest of Asia-Pacific Cutting Tools Market by Type
10.3.6.6.2Rest of Asia-Pacific Cutting Tools Market by Material
10.3.6.6.3Rest of Asia-Pacific Cutting Tools Market by End-user
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa Cutting Tools Market Overview
10.4.2Middle East and Africa Cutting Tools Market Forecasts and Analysis
10.4.3Middle East and Africa Cutting Tools Market Forecasts and Analysis - By Type
10.4.4Middle East and Africa Cutting Tools Market Forecasts and Analysis - By Material
10.4.5Middle East and Africa Cutting Tools Market Forecasts and Analysis - By End-user
10.4.6Middle East and Africa Cutting Tools Market Forecasts and Analysis - By Countries
10.4.6.1South Africa Cutting Tools Market
10.4.6.1.1South Africa Cutting Tools Market by Type
10.4.6.1.2South Africa Cutting Tools Market by Material
10.4.6.1.3South Africa Cutting Tools Market by End-user
10.4.6.2Saudi Arabia Cutting Tools Market
10.4.6.2.1Saudi Arabia Cutting Tools Market by Type
10.4.6.2.2Saudi Arabia Cutting Tools Market by Material
10.4.6.2.3Saudi Arabia Cutting Tools Market by End-user
10.4.6.3U.A.E Cutting Tools Market
10.4.6.3.1U.A.E Cutting Tools Market by Type
10.4.6.3.2U.A.E Cutting Tools Market by Material
10.4.6.3.3U.A.E Cutting Tools Market by End-user
10.4.6.4Rest of Middle East and Africa Cutting Tools Market
10.4.6.4.1Rest of Middle East and Africa Cutting Tools Market by Type
10.4.6.4.2Rest of Middle East and Africa Cutting Tools Market by Material
10.4.6.4.3Rest of Middle East and Africa Cutting Tools Market by End-user
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America Cutting Tools Market Overview
10.5.2South and Central America Cutting Tools Market Forecasts and Analysis
10.5.3South and Central America Cutting Tools Market Forecasts and Analysis - By Type
10.5.4South and Central America Cutting Tools Market Forecasts and Analysis - By Material
10.5.5South and Central America Cutting Tools Market Forecasts and Analysis - By End-user
10.5.6South and Central America Cutting Tools Market Forecasts and Analysis - By Countries
10.5.6.1Brazil Cutting Tools Market
10.5.6.1.1Brazil Cutting Tools Market by Type
10.5.6.1.2Brazil Cutting Tools Market by Material
10.5.6.1.3Brazil Cutting Tools Market by End-user
10.5.6.2Argentina Cutting Tools Market
10.5.6.2.1Argentina Cutting Tools Market by Type
10.5.6.2.2Argentina Cutting Tools Market by Material
10.5.6.2.3Argentina Cutting Tools Market by End-user
10.5.6.3Rest of South and Central America Cutting Tools Market
10.5.6.3.1Rest of South and Central America Cutting Tools Market by Type
10.5.6.3.2Rest of South and Central America Cutting Tools Market by Material
10.5.6.3.3Rest of South and Central America Cutting Tools Market by End-user

11.INDUSTRY LANDSCAPE
11.1.MERGERS AND ACQUISITIONS
11.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3.NEW PRODUCT LAUNCHES
11.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

12.CUTTING TOOLS MARKET, KEY COMPANY PROFILES
12.1.BIG KAISER PRECISION TOOLING INC.
12.1.1.Key Facts
12.1.2.Business Description
12.1.3.Products and Services
12.1.4.Financial Overview
12.1.5.SWOT Analysis
12.1.6.Key Developments
12.2.INGERSOLL CUTTING TOOL COMPANY
12.2.1.Key Facts
12.2.2.Business Description
12.2.3.Products and Services
12.2.4.Financial Overview
12.2.5.SWOT Analysis
12.2.6.Key Developments
12.3.KENNAMETAL
12.3.1.Key Facts
12.3.2.Business Description
12.3.3.Products and Services
12.3.4.Financial Overview
12.3.5.SWOT Analysis
12.3.6.Key Developments
12.4.KYOCERA CORPORATION
12.4.1.Key Facts
12.4.2.Business Description
12.4.3.Products and Services
12.4.4.Financial Overview
12.4.5.SWOT Analysis
12.4.6.Key Developments
12.5.MISUMI CORPORATION
12.5.1.Key Facts
12.5.2.Business Description
12.5.3.Products and Services
12.5.4.Financial Overview
12.5.5.SWOT Analysis
12.5.6.Key Developments
12.6.MITSUBISHI MATERIALS CORPORATION
12.6.1.Key Facts
12.6.2.Business Description
12.6.3.Products and Services
12.6.4.Financial Overview
12.6.5.SWOT Analysis
12.6.6.Key Developments
12.7.NACHI-FUJIKOSHI CORP.
12.7.1.Key Facts
12.7.2.Business Description
12.7.3.Products and Services
12.7.4.Financial Overview
12.7.5.SWOT Analysis
12.7.6.Key Developments
12.8.NTK CUTTING TOOLS U.S.A.
12.8.1.Key Facts
12.8.2.Business Description
12.8.3.Products and Services
12.8.4.Financial Overview
12.8.5.SWOT Analysis
12.8.6.Key Developments
12.9.SANDVIK COROMANT
12.9.1.Key Facts
12.9.2.Business Description
12.9.3.Products and Services
12.9.4.Financial Overview
12.9.5.SWOT Analysis
12.9.6.Key Developments
12.10.SUMITOMO ELECTRIC INDUSTRIES, LTD.
12.10.1.Key Facts
12.10.2.Business Description
12.10.3.Products and Services
12.10.4.Financial Overview
12.10.5.SWOT Analysis
12.10.6.Key Developments

13.APPENDIX
13.1.ABOUT THE INSIGHT PARTNERS
13.2.GLOSSARY OF TERMS
The List of Companies

1. BIG KAISER Precision Tooling Inc.
2. Ingersoll Cutting Tool Company
3. Kennametal
4. KYOCERA Corporation
5. MISUMI Corporation
6. Mitsubishi Materials Corporation
7. Nachi-Fujikoshi Corp.
8. NTK Cutting Tools U.S.A.
9. Sandvik Coromant
10. Sumitomo Electric Industries, Ltd.
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