Global Metal Cutting Tools Supply, Demand and Key Producers, 2023-2029

Global Metal Cutting Tools Supply, Demand and Key Producers, 2023-2029

The global Metal Cutting Tools market size is expected to reach $ 42970 million by 2029, rising at a market growth of 4.0% CAGR during the forecast period (2023-2029).

Global key players of Metal Cutting Tools include Sandvik, IMC Group, Mitsubishi and Kennametal, etc. The top four players hold a share over 30%. Asia-Pacific is the largest market, has a share about 37%. In terms of product type, Turning Tool is the largest segment, occupied for a share of about 45%, and in terms of application, Automotive has a share about 30 percent.

This report studies the global Metal Cutting Tools production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Metal Cutting Tools, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Metal Cutting Tools that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Metal Cutting Tools total production and demand, 2018-2029, (M Units)

Global Metal Cutting Tools total production value, 2018-2029, (USD Million)

Global Metal Cutting Tools production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (M Units)

Global Metal Cutting Tools consumption by region & country, CAGR, 2018-2029 & (M Units)

U.S. VS China: Metal Cutting Tools domestic production, consumption, key domestic manufacturers and share

Global Metal Cutting Tools production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (M Units)

Global Metal Cutting Tools production by Type, production, value, CAGR, 2018-2029, (USD Million) & (M Units)

Global Metal Cutting Tools production by Application production, value, CAGR, 2018-2029, (USD Million) & (M Units).

This reports profiles key players in the global Metal Cutting Tools market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Mitsubishi Materials, Sandvik, OSG, Sumitomo Electric, Kyocera, IMC Group, Kennametal, Zhuzhou Cemented Carbide Group and Nachi-Fujikoshi, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Metal Cutting Tools market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (M Units) and average price (US$/K Units) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Metal Cutting Tools Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Metal Cutting Tools Market, Segmentation by Type
Turning Tool
Milling Tool
Drilling Tool
Threading Tools
Others

Global Metal Cutting Tools Market, Segmentation by Application
Automotive
Machinery
Electronics
Railway & Aerospace
Others

Companies Profiled:
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

Key Questions Answered

1. How big is the global Metal Cutting Tools market?

2. What is the demand of the global Metal Cutting Tools market?

3. What is the year over year growth of the global Metal Cutting Tools market?

4. What is the production and production value of the global Metal Cutting Tools market?

5. Who are the key producers in the global Metal Cutting Tools market?