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Circular saw blades are designed for use with miter saws, table saws, radial arm saws, cut-off saws and standard circular saws. Tungsten carbide-tipped (TCT) is one of the materials of Circular saw blades.
As Global overall economic downward trend in the past few years, international economic situation is complicated, in the next few years there will be many uncertainties, and coupled with TCT Circular Saw Blades industry in oversupply on the market in the past few years, the current demand for TCT Circular Saw Blades product is relatively low, lack of demand, excess supply. Ordinary TCT Circular Saw Blades products on the market do not sell well; TCT Circular Saw Blades's price is lower than past years. The signal of market price change indicates the trend in the Circular Saw Blades industry, low-end product has excess capacity; high-end product is in short supply.
In the next five years, the global consumption of TCT Circular Saw Blades will maintain a 5% annual growth rate, consumption is expected in 2020 will 182772 K Pcs, Therefore, in the next five years, TCT Circular Saw Blades overcapacity situation will not change much; the average operating rate will remain at 80% to 90%.
With the global economy recovery, the wood processing industry's development create a new TCT Circular Saw Blades product demand market, but basically showing the scarcity of high-end products, low-end products, excess capacity, there is a large market demand for high-end products to seize market share of imports acts, local enterprises export more low-end products overcapacity or molding process basic Materials.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field.
Along with the development of Chinese domestic TCT Circular Saw Blades, China and other third world countries increase the R&D investment, the advanced TCT Circular Saw Blades technology begin moving to the third world countries. The third world countries are becoming the largest market for the TCT Circular Saw Blades.
As large demand of high-end products at home and abroad, many companies began to enter the field of high-end. Currently, the Chinese TCT Circular Saw Blades industry is not only begin to transit to high-end TCT Circular Saw Blades products, while still extend in the resource-rich land and downstream industry chain.
Although sales of TCT Circular Saw Blades brought a lot of opportunities, the study group recommends the new entrants had better cooperate with other manufacturer or introduce the core technology to enter into the TCT Circular Saw Blades field.
According to this study, over the next five years the TCT Circular Saw Blades market will register a 1.7% CAGR in terms of revenue, the global market size will reach US$ 3480 million by 2024, from US$ 3140 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in TCT Circular Saw Blades business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of TCT Circular Saw Blades market by product type, application, key manufacturers and key regions and countries.
This study considers the TCT Circular Saw Blades value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
- Minor diameter
- Medium diameter
- Large diameter
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
- Wood Cutting
- Metal cutting
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
- - United States
- - Canada
- - Mexico
- - Brazil
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- - Germany
- - France
- - UK
- - Italy
- - Russia
- - Spain
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
- STARK SpA
- Sun Rising Tools
- Xingshuo Saw
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
- To study and analyze the global TCT Circular Saw Blades consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of TCT Circular Saw Blades market by identifying its various subsegments.
- Focuses on the key global TCT Circular Saw Blades manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the TCT Circular Saw Blades with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of TCT Circular Saw Blades submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.