Table of Content - Metal Cutting Tools Market Size, Share, Growth | Report, 2032

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1 Executive Summary

1.1 Market Attractiveness Analysis 17

1.2 Global Metal Cutting Tools Market, By Material Type 17

1.3 Global Metal Cutting Tools Market, By Application 18

1.4 Global Metal Cutting Tools Market, By Industry 19

1.5 Global Metal Cutting Tools Market, By Region 20

2 Market Introduction

2.1 Definition 21

2.2 Scope Of The Study 21

2.3 Market Structure 22

2.4 Key Buying Criteria 22

3 Research Methodology

3.1 Research Process 23

3.2 Primary Research 24

3.3 Secondary Research 25

3.4 Market Size Estimation 25

3.5 Top-Down & Bottom-Up Approaches 26

3.6 Forecast Model 26

3.7 List Of Assumptions 27

4 Market Insights

5 Market Dynamics

5.1 Introduction 30

5.2 Drivers 31

5.2.1 Growing Demand From Industries 31

5.2.2 Growing Market For High-Speed Steel Cutting Tools 32

5.2.3 Rising Demand In End-Use Industries 32

5.2.4 Drivers Impact Analysis 32

5.3 Restraint 33

5.3.1 Lack Of Skilled Labor 33

5.3.2 High Cost Of Cutting Tool 33

5.3.3 Restraints Impact Analysis 33

5.4 Opportunity 34

5.4.1 Broader Scope In Developing Nations 34

5.5 Porter’s Five Forces Model 34

5.5.1 Threat Of New Entrants 35

5.5.2 Bargaining Power Of Suppliers 35

5.5.3 Bargaining Power Of Buyers 35

5.5.4 Threat Of Substitutes 35

5.5.5 Rivalry 35

5.6 Supply Chain Analysis 36

5.6.1 Raw Material Supply 36

5.6.2 Manufacturing 36

5.6.3 Supply And Distribution 36

5.6.4 End Use 36

6 Global Metal Cutting Tools Market, By Material Type

6.1 Overview 37

6.1.1 Cemented Carbide 37

6.1.2 High-Speed Steel 37

6.1.3 Ceramics 37

6.1.4 Polycrystalline Diamond 38

6.1.5 Others 38

7 Global Metal Cutting Tools Market, By Application

7.1 Overview 41

7.1.1 Milling 41

7.1.2 Turning 41

7.1.3 Drilling 41

7.1.4 Others 41

8 Global Metal Cutting Tools Market, By Industry

8.1 Overview 43

8.1.1 Automotive 43

8.1.2 Aerospace & Defense 43

8.1.3 Construction 43

8.1.4 Oil & Gas 44

8.1.5 Power Generation 44

8.1.6 Others 44

9 Global Metal Cutting Tools Market, By Region

9.1 Overview 46

9.2 Asia-Pacific 47

9.2.1 China 49

9.2.1.1 China, By Material Type 49

9.2.1.2 China, By Application 50

9.2.1.3 China, By Industry 50

9.2.2 Japan 51

9.2.2.1 Japan, By Material Type 51

9.2.2.2 Japan, By Application 51

9.2.2.3 Japan, By Industry 52

9.2.3 India 52

9.2.3.1 India, By Material Type 52

9.2.3.2 India, By Application 53

9.2.3.3 India, By Industry 53

9.2.4 Rest Of Asia-Pacific 54

9.2.4.1 Rest Of Asia-Pacific, By Material Type 54

9.2.4.2 Rest Of Asia-Pacific, By Application 54

9.2.4.3 Rest Of Asia-Pacific, By Industry 55

9.3 North America 56

9.3.1 US 58

9.3.1.1 US, By Material Type 58

9.3.1.2 US, By Application 59

9.3.1.3 US, By Industry 59

9.3.2 Canada 60

9.3.2.1 Canada, By Material Type 60

9.3.2.2 Canada, By Application 61

9.3.2.3 Canada, By Industry 61

9.3.3 Mexico 62

9.3.3.1 Mexico, By Material Type 62

9.3.3.2 Mexico, By Application 63

9.3.3.3 Mexico, By Industry 63

9.4 Europe 64

9.4.1 Germany 66

9.4.1.1 Germany, By Material Type 66

9.4.1.2 Germany, By Application 67

9.4.1.3 Germany, By Industry 67

9.4.2 UK 68

9.4.2.1 UK, By Material Type 68

9.4.2.2 UK, By Application 68

9.4.2.3 UK, By Industry 69

9.4.3 France 69

9.4.3.1 France, By Material Type 69

9.4.3.2 France, By Application 70

9.4.3.3 France, By Industry 70

9.4.4 Italy 71

9.4.4.1 Italy, By Material Type 71

9.4.4.2 Italy, By Application 71

9.4.4.3 Italy, By Industry 72

9.4.5 Rest Of Europe 72

9.4.5.1 Rest Of Europe, By Material Type 72

9.4.5.2 Rest Of Europe, By Application 73

9.4.5.3 Rest Of Europe, By Industry 73

9.5 Rest Of The World (RoW) 74

9.5.1 Middle East & Africa 76

9.5.1.1 Middle East & Africa, By Material Type 76

9.5.1.2 Middle East & Africa, By Application 76

9.5.1.3 Middle East & Africa, By Industry 77

9.5.2 South America 77

9.5.2.1 South America, By Material Type 77

9.5.2.2 South America, By Application 78

9.5.2.3 South America, By Industry 78

10 Competitive Landscape

10.1 Competitive Overview 79

10.2 Competitor Dashboard 79

10.3 Major Growth Strategy In The Global Metal Cutting Tool Market 80

10.4 Competitive Benchmarking 81

10.5 Market Share Analysis 82

10.6 Leading Player In Terms Of Number Of Developments In Global Metal Cutting Tool Market 83

10.7 Key Developments & Growth Strategies 83

10.7.1 Merger & Acquisition 83

10.7.2 New Product Launch 84

10.7.3 Expansions And Investments 85

10.7.4 Partnership 85

11 Company Profiles

11.1 Sandvik AB 86

11.1.1 Company Overview 86

11.1.2 Financial Overview 86

11.1.3 Products/Services Offered 87

11.1.4 Key Developments 87

11.1.5 SWOT Analysis 87

11.1.6 Key Strategies 88

11.2 Kennametal Inc. 89

11.2.1 Company Overview 89

11.2.2 Financial Overview 89

11.2.3 Products/Services Offered 90

11.2.4 Key Developments 91

11.2.5 SWOT Analysis 91

11.2.6 Key Strategies 92

11.3 OSG Corporation 93

11.3.1 Company Overview 93

11.3.2 Financial Overview 93

11.3.3 Products/Services Offered 94

11.3.4 Key Developments 95

11.3.5 SWOT Analysis 95

11.3.6 Key Strategies 96

11.4 Zhuzhou Cemented Carbide Cutting Tool Co. Ltd (ZCCCT) 97

11.4.1 Company Overview 97

11.4.2 Financial Overview 97

11.4.3 Products/Services Offered 97

11.4.4 Key Developments 98

11.4.5 SWOT Analysis 98

11.4.6 Key Strategies 98

11.5 Kyocera Corporation 99

11.5.1 Company Overview 99

11.5.2 Financial Overview 99

11.5.3 Products/Services Offered 100

11.5.4 Key Developments 100

11.5.5 SWOT Analysis 101

11.5.6 Key Strategies 101

11.6 MAPAL Dr. Kress KG 102

11.6.1 Company Overview 102

11.6.2 Financial Overview 102

11.6.3 Products/Services Offered 102

11.6.4 Key Developments 102

11.6.5 SWOT Analysis 103

11.6.6 Key Strategies 103

11.7 SUMITOMO ELECTRIC HARTMETALL GMBH 104

11.7.1 Company Overview 104

11.7.2 Financial Overview 104

11.7.3 Products/Services Offered 104

11.7.4 Key Development 105

11.7.5 SWOT Analysis 105

11.7.6 Key Strategies 105

11.8 Nachi-Fujikoshi Corp. 106

11.8.1 Company Overview 106

11.8.2 Financial Overview 106

11.8.3 Products/Services Offered 107

11.8.4 Key Development 107

11.8.5 SWOT Analysis 108

11.8.6 Key Strategies 108

11.9 Mitsubishi Materials Corporation 109

11.9.1 Company Overview 109

11.9.2 Financial Overview 109

11.9.3 Products/Services Offered 110

11.9.4 Key Developments 110

11.9.5 SWOT Analysis 111

11.9.6 Key Strategies 111

11.10 Hitachi Metals, Ltd 112

11.10.1 Company Overview 112

11.10.2 Financial Overview 112

11.10.3 Products/Services Offered 113

11.10.4 Key Developments 113

11.10.5 SWOT Analysis 114

11.10.6 Key Strategies 114

11.11 Other Prominent Players 115

11.11.1 Addison & Co., Ltd 115

11.11.2 Suzhou Ahno Precision Cutting Tool Technology Co., Ltd. 116

11.11.3 Big Kaiser Precision Tooling Inc. 117

11.11.4 CERATIZIT S.A. 118

11.11.5 Chengdu Chengliang Tools Group Co Ltd 119

11.11.6 EST Tools Co., Ltd 120

11.11.7 Guhring, Inc. 121

11.11.8 Hanjiang Tools Co., Ltd 122

11.11.9 Harbin First Tools Manufacturing Co., Ltd. 123

11.11.10 ISCAR Ltd. 124

11.11.11 Jiangsu Feida Drills Co. Ltd. 126

11.11.12 Korloy 127

11.11.13 LMT Tools 128

11.11.14 Ningbo Sanhan Alloy Material Co., Ltd. 129

11.11.15 Shanghai Tool Works Co., Ltd. 130

11.11.16 Tiangong International Co., Ltd. 132

11.11.17 Tivoly 133

11.11.18 UNION TOOL CO. 135

11.11.19 Xiamen Golden Egret Special Alloy Co., Ltd (GESAC) 136

11.11.20 YG-1 Co., Ltd. 137

12 List Of Tables

TABLE 1 LIST OF ASSUMPTIONS 27

TABLE 2 GLOBAL METAL CUTTING TOOLS MARKET, BY MATERIAL TYPE, 2023–2032(USD MILLION) 39

TABLE 3 METAL CUTTING TOOLS TYPES FOR MANUFACTURERS 40

TABLE 4 GLOBAL METAL CUTTING TOOLS MARKET, BY APPLICATION, 2023–2032(USD MILLION) 42

TABLE 5 GLOBAL METAL CUTTING TOOLS MARKET, BY INDUSTRY, 2023–2032(USD MILLION) 44

TABLE 6 GLOBAL METAL CUTTING TOOLS MARKET, BY REGION, 2023–2032(USD MILLION) 46

TABLE 7 ASIA-PACIFIC: METAL CUTTING TOOLS MARKET, BY COUNTRY, 2023–2032(USD MILLION) 47

TABLE 8 ASIA-PACIFIC METAL CUTTING TOOLS MARKET, BY MATERIAL TYPE, 2023–2032(USD MILLION) 48

TABLE 9 ASIA-PACIFIC METAL CUTTING TOOLS MARKET, BY APPLICATION, 2023–2032(USD MILLION) 48

TABLE 10 ASIA-PACIFIC METAL CUTTING TOOLS MARKET, BY INDUSTRY, 2023–2032(USD MILLION) 49

TABLE 11 CHINA: METAL CUTTING TOOLS MARKET, BY MATERIAL TYPE, 2023–2032(USD MILLION) 49

TABLE 12 CHINA METAL CUTTING TOOLS MARKET, BY APPLICATION, 2023–2032(USD MILLION) 50

TABLE 13 CHINA METAL CUTTING TOOLS MARKET, BY INDUSTRY, 2023–2032(USD MILLION) 50

TABLE 14 JAPAN: METAL CUTTING TOOLS MARKET, BY MATERIAL TYPE, 2023–2032(USD MILLION) 51

TABLE 15 JAPAN METAL CUTTING TOOLS MARKET, BY APPLICATION, 2023–2032(USD MILLION) 51

TABLE 16 JAPAN METAL CUTTING TOOLS MARKET, BY INDUSTRY, 2023–2032(USD MILLION) 52

TABLE 17 INDIA: METAL CUTTING TOOLS MARKET, BY MATERIAL TYPE, 2023–2032(USD MILLION) 52

TABLE 18 INDIA METAL CUTTING TOOLS MARKET, BY APPLICATION, 2023–2032(USD MILLION) 53

TABLE 19 INDIA METAL CUTTING TOOLS MARKET, BY INDUSTRY, 2023–2032(USD MILLION) 53

TABLE 20 REST OF ASIA-PACIFIC: METAL CUTTING TOOLS MARKET, BY MATERIAL TYPE, 2023–2032(USD MILLION) 54

TABLE 21 REST OF ASIA-PACIFIC METAL CUTTING TOOLS MARKET, BY APPLICATION, 2023–2032(USD MILLION) 54

TABLE 22 REST OF ASIA-PACIFIC METAL CUTTING TOOLS MARKET, BY INDUSTRY, 2023–2032(USD MILLION) 55

TABLE 23 NORTH AMERICA: METAL CUTTING TOOLS MARKET, BY COUNTRY, 2023–2032(USD MILLION) 56

TABLE 24 NORTH AMERICA METAL CUTTING TOOLS MARKET, BY MATERIAL TYPE, 2023–2032(USD MILLION) 57

TABLE 25 NORTH AMERICA METAL CUTTING TOOLS MARKET, BY APPLICATION, 2023–2032(USD MILLION) 57

TABLE 26 NORTH AMERICA METAL CUTTING TOOLS MARKET, BY INDUSTRY, 2023–2032(USD MILLION) 58

TABLE 27 US: METAL CUTTING TOOLS MARKET, BY MATERIAL TYPE, 2023–2032(USD MILLION) 58

TABLE 28 US METAL CUTTING TOOLS MARKET, BY APPLICATION, 2023–2032(USD MILLION) 59

TABLE 29 US METAL CUTTING TOOLS MARKET, BY INDUSTRY, 2023–2032(USD MILLION) 59

TABLE 30 CANADA: METAL CUTTING TOOLS MARKET, BY MATERIAL TYPE, 2023–2032(USD MILLION) 60

TABLE 31 CANADA METAL CUTTING TOOLS MARKET, BY APPLICATION, 2023–2032(USD MILLION) 61

TABLE 32 CANADA METAL CUTTING TOOLS MARKET, BY INDUSTRY, 2023–2032(USD MILLION) 61

TABLE 33 MEXICO: METAL CUTTING TOOLS MARKET, BY MATERIAL TYPE, 2023–2032(USD MILLION) 62

TABLE 34 MEXICO METAL CUTTING TOOLS MARKET, BY APPLICATION, 2023–2032(USD MILLION) 63

TABLE 35 MEXICO METAL CUTTING TOOLS MARKET, BY INDUSTRY, 2023–2032(USD MILLION) 63

TABLE 36 EUROPE: METAL CUTTING TOOLS MARKET, BY COUNTRY, 2023–2032(USD MILLION) 64

TABLE 37 EUROPE METAL CUTTING TOOLS MARKET, BY MATERIAL TYPE, 2023–2032(USD MILLION) 65

TABLE 38 EUROPE METAL CUTTING TOOLS MARKET, BY APPLICATION, 2023–2032(USD MILLION) 65

TABLE 39 EUROPE METAL CUTTING TOOLS MARKET, BY INDUSTRY, 2023–2032(USD MILLION) 66

TABLE 40 GERMANY: METAL CUTTING TOOLS MARKET, BY MATERIAL TYPE, 2023–2032(USD MILLION) 66

TABLE 41 GERMANY METAL CUTTING TOOLS MARKET, BY APPLICATION, 2023–2032(USD MILLION) 67

TABLE 42 GERMANY METAL CUTTING TOOLS MARKET, BY INDUSTRY, 2023–2032(USD MILLION) 67

TABLE 43 UK: METAL CUTTING TOOLS MARKET, BY MATERIAL TYPE, 2023–2032(USD MILLION) 68

TABLE 44 UK METAL CUTTING TOOLS MARKET, BY APPLICATION, 2023–2032(USD MILLION) 68

TABLE 45 UK METAL CUTTING TOOLS MARKET, BY INDUSTRY, 2023–2032(USD MILLION) 69

TABLE 46 FRANCE: METAL CUTTING TOOLS MARKET, BY MATERIAL TYPE, 2023–2032(USD MILLION) 69

TABLE 47 FRANCE METAL CUTTING TOOLS MARKET, BY APPLICATION, 2023–2032(USD MILLION) 70

TABLE 48 FRANCE METAL CUTTING TOOLS MARKET, BY INDUSTRY, 2023–2032(USD MILLION) 70

TABLE 49 ITALY: METAL CUTTING TOOLS MARKET, BY MATERIAL TYPE, 2023–2032(USD MILLION) 71

TABLE 50 ITALY METAL CUTTING TOOLS MARKET, BY APPLICATION, 2023–2032(USD MILLION) 71

TABLE 51 ITALY METAL CUTTING TOOLS MARKET, BY INDUSTRY, 2023–2032(USD MILLION) 72

TABLE 52 REST OF EUROPE: METAL CUTTING TOOLS MARKET, BY MATERIAL TYPE, 2023–2032(USD MILLION) 72

TABLE 53 REST OF EUROPE METAL CUTTING TOOLS MARKET, BY APPLICATION, 2023–2032(USD MILLION) 73

TABLE 54 REST OF EUROPE METAL CUTTING TOOLS MARKET, BY INDUSTRY, 2023–2032(USD MILLION) 73

TABLE 55 REST OF THE WORLD: METAL CUTTING TOOLS MARKET, BY COUNTRY, 2023–2032(USD MILLION) 74

TABLE 56 REST OF THE WORLD METAL CUTTING TOOLS MARKET, BY MATERIAL TYPE, 2023–2032(USD MILLION) 74

TABLE 57 REST OF THE WORLD METAL CUTTING TOOLS MARKET, BY APPLICATION, 2023–2032(USD MILLION) 75

TABLE 58 REST OF THE WORLD METAL CUTTING TOOLS MARKET, BY INDUSTRY, 2023–2032(USD MILLION) 75

TABLE 59 MIDDLE EAST & AFRICA: METAL CUTTING TOOLS MARKET, BY MATERIAL TYPE, 2023–2032(USD MILLION) 76

TABLE 60 MIDDLE EAST & AFRICA METAL CUTTING TOOLS MARKET, BY APPLICATION, 2023–2032(USD MILLION) 76

TABLE 61 MIDDLE EAST & AFRICA METAL CUTTING TOOLS MARKET, BY INDUSTRY, 2023–2032(USD MILLION) 77

TABLE 62 SOUTH AMERICA: METAL CUTTING TOOLS MARKET, BY MATERIAL TYPE, 2023–2032(USD MILLION) 77

TABLE 63 SOUTH AMERICA METAL CUTTING TOOLS MARKET, BY APPLICATION, 2023–2032(USD MILLION) 78

TABLE 64 SOUTH AMERICA METAL CUTTING TOOLS MARKET, BY INDUSTRY, 2023–2032(USD MILLION) 78

TABLE 65 THE MOST ACTIVE PLAYER IN THE GLOBAL METAL CUTTING TOOL METAL CUTTING TOOLS MARKET 83

TABLE 66 MERGER & ACQUISITION 83

TABLE 67 NEW PRODUCT LAUNCH 84

TABLE 68 EXPANSIONS AND INVESTMENTS 85

TABLE 69 PARTNERSHIP 85

TABLE 70 SANDVIK AB: PRODUCTS/SERVICES OFFERED 87

TABLE 71 SANDVIK AB: KEY DEVELOPMENTS 87

TABLE 72 KENNAMETAL INC.: PRODUCTS/SERVICES OFFERED 90

TABLE 73 KENNAMETAL INC.: KEY DEVELOPMENTS 91

TABLE 74 OSG CORPORATION: PRODUCTS/SERVICES OFFERED 94

TABLE 75 OSG CORPORATION: KEY DEVELOPMENTS 95

TABLE 76 ZCCCT: PRODUCTS/SERVICES OFFERED 97

TABLE 77 ZCCCT: KEY DEVELOPMENTS 98

TABLE 78 KYOCERA CORPORATION: PRODUCTS/SERVICES OFFERED 100

TABLE 79 KYOCERA CORPORATION: KEY DEVELOPMENTS 100

TABLE 80 MAPAL DR. KRESS KG: PRODUCTS/SERVICES OFFERED 102

TABLE 81 MAPAL DR. KRESS KG: KEY DEVELOPMENTS 102

TABLE 82 SUMITOMO ELECTRIC HARTMETALL GMBH: PRODUCTS/SERVICES OFFERED 104

TABLE 83 SUMITOMO ELECTRIC HARTMETALL GMBH: KEY DEVELOPMENTS 105

TABLE 84 NACHI-FUJIKOSHI CORP: PRODUCTS/SERVICES OFFERED 107

TABLE 85 NACHI-FUJIKOSHI CORP.: KEY DEVELOPMENTS 107

TABLE 86 MITSUBISHI MATERIALS CORPORATION: PRODUCTS/SERVICES OFFERED 110

TABLE 87 HITACHI METALS, LTD.: PRODUCTS/SERVICES OFFERED 113

13 List Of Figures