Global Superhard Cutting Tool Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Superhard Cutting Tool Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Superhard Cutting Tool market size was valued at US$ 1177 million in 2023 and is forecast to a readjusted size of USD 1802 million by 2030 with a CAGR of 6.1% during review period.

The core global superhard cutting tool (Superhard Cutting Tool) manufacturers include Sumitomo, Kennametal, Mitsubishi, Mapal, Sandvik and Beijing World Diamond Tools. The top three manufacturers account for approximately 27% of the global share. Europe is the world's largest market, accounting for nearly 31% of the market.

In terms of product type, PCD occupies a dominant position, accounting for 58% of the total. At the same time, in terms of application, automobile manufacturing is the largest application field, accounting for 59%.

This report is a detailed and comprehensive analysis for global Superhard Cutting Tool market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Superhard Cutting Tool market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Superhard Cutting Tool market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Superhard Cutting Tool market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Superhard Cutting Tool market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Superhard Cutting Tool

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Superhard Cutting Tool market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Sumitomo, Kennametal, Mitsubishi, Mapal, Sandvik, Beijing Worldia Diamond Tools, Iscar, Funik Ultrahard Material, Shanghai Nagoya Precision Tools, Ingersoll Cutting Tools, etc.

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

Market Segmentation

Superhard Cutting Tool market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
CBN
PCD

Market segment by Application
Metal Processing
Aerospace
Automobile Manufacturing
Electronics and Semiconductors
Others

Major players covered
Sumitomo
Kennametal
Mitsubishi
Mapal
Sandvik
Beijing Worldia Diamond Tools
Iscar
Funik Ultrahard Material
Shanghai Nagoya Precision Tools
Ingersoll Cutting Tools
YG-1
Kyocera
Weihai Weiying Tool
TaeguTec
Shenzhen Juntec Ultra-hard Tools
Preziss Tool
SF Diamond
Tungaloy
CERATIZIT S.A.
Zhuzhou Cemented Carbide Cutting Tools
ZhengZhou Diamond Precision Manufacturing
Wirutex S.r.l.
Korloy

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Superhard Cutting Tool product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Superhard Cutting Tool, with price, sales quantity, revenue, and global market share of Superhard Cutting Tool from 2019 to 2024.

Chapter 3, the Superhard Cutting Tool competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Superhard Cutting Tool breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Superhard Cutting Tool market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Superhard Cutting Tool.

Chapter 14 and 15, to describe Superhard Cutting Tool sales channel, distributors, customers, research findings and conclusion.