Report Scope:
This study provides figures for 2019 and CAGR projections for 2021 to 2025 for the global and regional markets. The projections are based on primary contacts and our understanding of the key market drivers and their impact from historical and analytical perspectives.
This study presents both quantitative and qualitative analyses. In quantitative analysis, we included market-related information like market value. In the qualitative analysis, the study covers market dynamics, macroeconomic industrial scenario, market definition, and other factors that impact the global market for carbide tools.
This report also considers the impact of COVID-19 on end-user industries.
The global market for carbide tools is segmented into three categories: tool type, coating type and end-use industries.
- Type of tool.
- Drilling tools
- Flat drills.
- Twist drills.
- Step and gun drills.
- Burnishing and core drills.
- Others
- Cutting tools.
- Milling tools.
- End mills.
- Face mills.
- Reamers.
- Steps reamers.
- Taper reamers.
- Chucking reamers.
- Others.
- Burrs.
- Boring tools.
- Inserts.
- Countersinks.
- Engraving tools.
- Counterbores.
- Routers.
- Others.
- Coating type.
- Coated.
- Noncoated.
- End-user industry.
- Automotive and transportation.
- Automotive.
- Aerospace.
- Railway.
- Marine.
- Construction.
- General manufacturing.
- Furniture and carpentry.
- Oil and gas.
- Power and energy.
- Mining.
- Electronics.
- Defense and military.
- Healthcare and medical.
- Others.
This report defines various market sectors, identifies key companies, and analyzes the markets to provide a five-year market forecast. In the final section, the study profiles companies, their key developments and overall market strategy for the market for carbide tools.
Report Includes:
- 33 data tables and 13 additional tables
- An overview of the global markets for carbide tools or cemented carbide tools, extensively used in metal working operations
- Analyses of the global market trends, with data corresponding to market size for 2019, estimated data for 2020-2024 and projections of compound annual growth rates (CAGRs) through 2025
- Information on market dynamics, macroeconomic industrial scenario, market value & pricing, value chain analysis, and other factors that stimulus and impact the global carbide tools market
- Insight into the COVID-19 pandemic impact on end use industries of carbide cutting tools
- Discussion of viable technology drivers through a comprehensive look at Industry 4.0 controlling tools within the industrial network infrastructure, end users and applications of these CNC machines across workshops
- Assessment of the global competitive landscape featuring leading manufacturers and suppliers of carbide tools and their corresponding market share analysis
- Review of approved patents and allotments of patents for carbide tools
- Descriptive company profiles of major vendor companies, including ARCH Cutting Tools, Carbide Cutting Tools SC Inc., Forbes & Co. Ltd., Mitsubishi Materials Corp., and Sandvik AB
Summary:
The global market for carbide tools, which reached $REDACTED billion in 2019, is estimated to reach $REDACTED billion by 2025, with a CAGR of REDACTED% during 2021-2025, the forecast period.
In the tool type segment, drilling, milling, and inserts segment are expected to account for REDACTED% share of the global market for carbide tools in 2020. Inserts and milling tools are expected to grow significantly during the forecast period due to rising demand from the automotive and aerospace industry. Milling tools as a segment is expected to reach $REDACTED billion by 2025. Inserts as a segment is expected to reach $REDACTED billion by 2025. Routers as a segment should grow at a CAGR of REDACTED%.
Asia Pacific as a region is projected to dominate the global market for carbide tools during the forecast period, reaching $REDACTED billion in 2025. Europe as a region expected to reach $REDACTED billion during the forecast period. The automotive and transportation segment is a key contributor of global market growth.
The increasing number of alternative fuel vehicles and technological advancements of the cutting tool industry may hamper the demand for carbide tools during the forecast period. The market is mature in developed countries such as the U.S. and Germany, but in developing countries such as India and China the market should continue expand as it gradually figures to replace conventional vehicles completely.
Carbide Tools: Global Markets
Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Information Sources
Intended Audience
Methodology
Geographic Breakdown
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market and Technology Background
Market Definition
Primary Carbide Tools
Drilling Tools
Cutting Tools
Milling Tools
Reamers
Burrs
Boring Tools
Inserts
Countersinks
Engraving Tools
Counterbores
Router Bits
Other
Type of Coating
End-User Industries
Industrial Machinery and Equipment Industry
Automotive Industry
Aerospace Industry
Rolling Stock Industry
Marine and Shipbuilding Industry
Wood Furniture Industry
Oil and Gas Industry
Mining Industry
Semiconductor Industry
Military and Defense Industry
Medical and Healthcare Industry
Machine Tools Industry (Parent Industry)
Chapter 4 Competitive Landscape
Market Trends
Coating of Innovative Material Over Carbide Tools
Rising Preference for Indexable Type of Tools Instead of Solid Tools
Coolant through Tools is a Win-Win Trend in the Global Market
Market Drivers
Rising Demand from End-User Industries for Precise and Accurate Operations
Rising Automation in Machinery Operations is Driving the Global Market
Wide Variety of Carbide Tools Are Available in The Global Market
Recycling of Used Carbide Tools Will Boost the New Sales
Market Restraints
Sluggish Production of Automotive Vehicles and Ride Sharing Could Hinder Global Demand
Rising Innovations in Cutting Tools Could Be an Alternative to Carbide Tools
Comparative Analysis of Carbide Tools
Carbide Tipped versus High Speed Steel (HSS)
Carbide Tipped versus Solid Carbide
Carbide Tipped versus Carbide Inserts
Porter's Five Forces Analysis
Chapter 5 Global Markets for Carbide Tools
Global Market Breakdown by Type of Tool
Global Market Breakdown by Type of Coating
Global Market Breakdown by End-User Industry
Global Market Breakdown by Region
North American Market for Carbide Tools
South American Market for Carbide Tools
European Market for Carbide Tools
Asia-Pacific (APAC) Market for Carbide Tools
MEA Market for Carbide Tools
Chapter 6 Company Profiles
Company Profiles
ADDISON & CO. LTD.
ALFA TOOLINGS
ARCH CUTTING TOOLS
BALAX INC.
CARBIDE CUTTING TOOLS SC INC.
CERATIZIT S.A.
C.G.T. CARBIDE & HSS CUTTING TOOLS
FRAISA HOLDING AG
FORBES & CO. LTD.
FULLERTON TOOL CO. INC.
GARR TOOL
GUHRING INC.
HALCYON TECHNOLOGY PUBLIC CO. LTD.
HANNIBAL CARBIDE TOOL INC.
HARVEY PERFORMANCE CO. LLC
HERRAMIENTAS PREZISS S.L.
INGERSOLL CUTTING TOOL CO.
KENNAMETAL INC.
KNIGHT CARBIDE INC.
KYOCERA CORP.
MAKITA CORP.
MANAR TOOLS PVT. LTD.
MAPAL DR. KRESS KG
MESON CUTTING TOOLS
MITSUBISHI MATERIALS CORP.
OSG CORP.
ROBERT BOSCH GMBH
SAMTEC TOOLS and ACCESSORIES PVT. LTD.
SANDVIK AB
SANYO TOOL MFG, CO., LTD.
SMICUT AB
SOWA TOOL & MACHINE CO. LTD.
TRUCUT PRECISION TOOLS PVT. LTD.
TSUNE SEIKI CO., LTD.
TUNGALOY CORP.
UNION TOOL CO.
XTREME TOOLING INDIA
YG-1 CO. LTD.
ZHUZHOU MEETYOU CEMENTED CARBIDE CO. LTD.
ZHUZHOU UKO PRECISION CARBIDE CO. LTD.
Contact Details for Carbide Tools Companies in Japan
Contact Details for Carbide Tools Companies in India
U.S. Machine Tool Manufacturers
Chapter 7 Appendix
Acronyms
List of Tables
Summary Table : Global Market for Carbide Tools, by Type of Tool, Through 2025
Table 1 : Top Global Exporters, by Country and Machinery Sector, 2015
Table 2 : Top Global Importers, by Country and Machinery Sector, 2015
Table 3 : Top 10 Countries in Global Aerospace Industry
Table 4 : Top Companies in the Rolling Stock Industry
Table 5 : Global Rolling Stock Projects
Table 6 : Demolitions vs. Deliveries of Vessels, 2014-2018
Table 7 : Demolitions Weight, by Vessel Type, 2013-2018
Table 8 : Top Mining Companies
Table 9 : Top 5 Military Spenders in Europe, Including Russia, 2017
Table 10 : Top 5 Military Spenders in the Americas, 2017
Table 11 : Top 5 Military Spenders in Asia and Oceania, 2017
Table 12 : Global Market for Carbide Tools, by Type of Tool, Through 2025
Table 13 : Global Market for Carbide Tools, by Type of Coating, Through 2025
Table 14 : Global Market for Carbide Tools, by End-User Industry, Through 2025
Table 15 : Global Market for Carbide Tools, by Region, Through 2025
Table 16 : North American Market for Carbide Tools, by Type of Tool, Through 2025
Table 17 : North American Market for Carbide Tools, by Type of Coating, Through 2025
Table 18 : North American Market for Carbide Tools, by End-User Industry, Through 2025
Table 19 : North American Market for Carbide Tools, by Country, Through 2025
Table 20 : Vehicles Manufactured in Canada, as of December 2018
Table 21 : North American Shares of Global General Aviation Airplane Shipments by Type, 2007-2016
Table 22 : North American Fleet Capacity, by Aircraft Type, 2018-2028
Table 23 : International Passenger Railcar Manufacturers: U.S. Assembly Locations
Table 24 : Top Furniture Producers, Retailers in U.S.
Table 25 : South American Market for Carbide Tools, by Type of Tool, Through 2025
Table 26 : South American Market for Carbide Tools, by Type of Coating, Through 2025
Table 27 : South American Market for Carbide Tools, by End-User Industry, Through 2025
Table 28 : South American Market for Carbide Tools, by Country, Through 2025
Table 29 : European Market for Carbide Tools, by Type of Tool, Through 2025
Table 30 : European Market for Carbide Tools, by Type of Coating, Through 2025
Table 31 : European Market for Carbide Tools, by End-User Industry, Through 2025
Table 32 : European Market for Carbide Tools, by Country, Through 2025
Table 33 : German New Vehicle Registration, by Vehicle Type, 2018 and 2019
Table 34 : APAC Market for Carbide Tools, by Type of Tool, Through 2025
Table 35 : APAC Market for Carbide Tools, by Type of Coating, Through 2025
Table 36 : APAC Market for Carbide Tools, by End-User Industry, Through 2025
Table 37 : APAC Market for Carbide Tools, by Country, Through 2025
Table 38 : MEA Market for Carbide Tools, by Type of Tool, Through 2025
Table 39 : MEA Market for Carbide Tools, by Type of Coating, Through 2025
Table 40 : MEA Market for Carbide Tools, by End-User Industry, Through 2025
Table 41 : MEA Market for Carbide Tools, by Country, Through 2025
Table 42 : Carbide Tools Companies in Japan
Table 43 : Carbide Tools Companies in India
Table 44 : U.S. Machine Tool Manufacturers
Table 45 : Acronyms Used in the Report
List of Figures
Summary Figure : Global Market for Carbide Tools, 2019-2025
Figure 1 : Global Export of Machinery, 2011-2015
Figure 2 : Global Automotive Fleet, 2005-2015
Figure 3 : Global Automotive Production, by Country, 2017
Figure 4 : Global Aerospace Industry Outlook, by Segment, 2018
Figure 5 : Global Market Shares of the Rolling Stock Industry for New Vehicles and Aftersales, Including Services, by Business Segment, 2018
Figure 6 : Global Rolling Stock Industry
Figure 7 : Expected Deliveries of Ships Based on Order Books, by Country/Region, March 2018-2021
Figure 8 : Distribution of Scheduled Deliveries of Ships and Marine Vessels, by Type, 2018
Figure 9 : Global Market Shares of Ship and Marine Deliveries, by Country, 2013-2017
Figure 10 : Key Companies Shares, by Vessel Type, 2018
Figure 11 : Demolitions, by Vessel Type, 2018
Figure 12 : Global Market Shares of Furniture Production, by Type of Furniture, 2018
Figure 13 : Global Market Shares of Furniture Production, by Region, 2018
Figure 14 : Global Market for Furniture Production, 2008-2018
Figure 15 : Global Growth in Oil Demand, 2011-2025
Figure 16 : Global Growth in Gasoline Demand, 2001-2025
Figure 17 : Global Mining Capex, 2012-2017
Figure 18 : Global Market for Mining Production, 1985-2016
Figure 19 : Global Shares of Mining Production, by Mineral Group, 2016
Figure 20 : Global Shares of Mineral Production, by Region, 2016
Figure 21 : Global Shares of Mineral Production, by Mineral Type, 2016
Figure 22 : Global Semiconductor Sales, 2010-2018
Figure 23 : Global Shares of Semiconductor Demand, by End-User Industry, 2018
Figure 24 : Global Market Shares of Semiconductors, by Region, 2018
Figure 25 : Global Growth Rate of Semiconductor Sales, by Region, 2018
Figure 26 : Global Semiconductor Market, by Product Type, 2018
Figure 27 : Military Expenditures, by Country, 2015-2018
Figure 28 : Global Shares of Military Expenditures, by Country, 2017
Figure 29 : Global Medical Device Market, 2015-2030
Figure 30 : Global Market Shares of Medical Devices, by Country, 2017
Figure 31 : Global Market Shares of Medical Devices, by Application, 2017
Figure 32 : Global Market for Machine Tools Consumers and Producers, by Country, 2017-2018
Figure 33 : Global Market Shares of Cutting Tools, by Type of Tool, 2018
Figure 34 : Global Market Shares of Carbide Tool Manufacturers, 2019
Figure 35 : Analysis of Market Structure, 2019
Figure 36 : Porter's Five Force Analysis
Figure 37 : Automotive Manufacturer Location in Mexico
Figure 38 : North American Market Shares of Aerospace Industry Exports, by Segment, 2018
Figure 39 : Brazilian Aircraft Fleet, 2009-2018
Figure 40 : Kyocera Corp.: Regional Breakdown of Sales, 2019
Figure 41 : Makita Corp.: Regional Breakdown of Sales, 2019
Figure 42 : Mitsubishi Materials Corp.: Regional Breakdown of Sales, 2019
Figure 43 : OSG Corp.: Regional Breakdown of Sales, 2019
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