Global Superhard Cutting Tool Market Growth 2025-2031

The global Superhard Cutting Tool market size is predicted to grow from US$ 1199 million in 2025 to US$ 1751 million in 2031; it is expected to grow at a CAGR of 6.5% from 2025 to 2031.

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%.

LP Information, Inc. (LPI) ' newest research report, the “Superhard Cutting Tool Industry Forecast” looks at past sales and reviews total world Superhard Cutting Tool sales in 2024, providing a comprehensive analysis by region and market sector of projected Superhard Cutting Tool sales for 2025 through 2031. With Superhard Cutting Tool sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Superhard Cutting Tool industry.

This Insight Report provides a comprehensive analysis of the global Superhard Cutting Tool landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Superhard Cutting Tool portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Superhard Cutting Tool market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Superhard Cutting Tool and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Superhard Cutting Tool.

This report presents a comprehensive overview, market shares, and growth opportunities of Superhard Cutting Tool market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

CBN

PCD

Segmentation by Application:

Metal Processing

Aerospace

Automobile Manufacturing

Electronics and Semiconductors

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Superhard Cutting Tool market?

What factors are driving Superhard Cutting Tool market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Superhard Cutting Tool market opportunities vary by end market size?

How does Superhard Cutting Tool break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.