In the context of machining, a cutting tool or cutter is any tool that is used to remove material from the workpiece by means of shear deformation. Cutting may be accomplished by single-point or multipoint tools. Single-point tools are used in turning, shaping, planing and similar operations, and remove material by means of one cutting edge. Machinery Industry and drilling tools are often multipoint tools. Energy Industry tools are also multipoint tools. Each grain of abrasive functions as a microscopic single-point cutting edge (although of high negative rake angle), and shears a tiny chip.
The latest research study released by Market IntelliX evaluates market size and forecasts of Cutting Tools in global, including the following market information:
Global Cutting Tools Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Cutting Tools Market Sales, 2017-2022, 2023-2028, (M Units)
Global top five Cutting Tools companies in 2021 (%)
The global Cutting Tools market was valued at 24690 million in 2021 and is projected to reach US$ 36260 million by 2028, at a CAGR of 5.6% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Cemented Carbide Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Cutting Tools include Sandvik, IMC Group, Mitsubishi, Kennametal, OSG, Sumitomo Electric, Mapal, Kyocera and YG-1, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MI has surveyed the Cutting Tools manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Market Segmentations:
Global Cutting Tools Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (M Units)
Global Cutting Tools Market Segment Percentages, by Type, 2021 (%)
Cemented Carbide
High Speed Steel
Ceramics
Diamond
Others
Global Cutting Tools Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (M Units)
Global Cutting Tools Market Segment Percentages, by Application, 2021 (%)
Machinery
Automotive
Aerospace
Energy
Others
Global Cutting Tools Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (M Units)
Global Cutting Tools Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Cutting Tools revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Cutting Tools revenues share in global market, 2021 (%)
Key companies Cutting Tools sales in global market, 2017-2022 (Estimated), (M Units)
Key companies Cutting Tools sales share in global market, 2021 (%)
The report presents profiles of competitors in the market Some of the prominent key players covered:
Sandvik
IMC Group
Mitsubishi
Kennametal
OSG
Sumitomo Electric
Mapal
Kyocera
YG-1
Nachi-Fujikoshi
ZCC·CT
Union Tool
Korloy
LMT
Ceratizit
Jiangsu Tiangong Tools Co., Ltd.
Shanghai Tool Works Co., Ltd.
OKE Precision Cutting Tools Co., Ltd.
Guhring
Tivoly
Key Takeaways from this Report
Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
1 Introduction to Research & Analysis Reports
1.1 Cutting Tools Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Cutting Tools Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Cutting Tools Overall Market Size
2.1 Global Cutting Tools Market Size: 2021 VS 2028
2.2 Global Cutting Tools Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Cutting Tools Sales: 2017-2028
3 Company Landscape
3.1 Top Cutting Tools Players in Global Market
3.2 Top Global Cutting Tools Companies Ranked by Revenue
3.3 Global Cutting Tools Revenue by Companies
3.4 Global Cutting Tools Sales by Companies
3.5 Global Cutting Tools Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Cutting Tools Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Cutting Tools Product Type
3.8 Tier 1, Tier 2 and Tier 3 Cutting Tools Players in Global Market
3.8.1 List of Global Tier 1 Cutting Tools Companies
3.8.2 List of Global Tier 2 and Tier 3 Cutting Tools Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Cutting Tools Market Size Markets, 2021 & 2028
4.1.2 Cemented Carbide
4.1.3 High Speed Steel
4.1.4 Ceramics
4.1.5 Diamond
4.1.6 Others
4.2 By Type - Global Cutting Tools Revenue & Forecasts
4.2.1 By Type - Global Cutting Tools Revenue, 2017-2022
4.2.2 By Type - Global Cutting Tools Revenue, 2023-2028
4.2.3 By Type - Global Cutting Tools Revenue Market Share, 2017-2028
4.3 By Type - Global Cutting Tools Sales & Forecasts
4.3.1 By Type - Global Cutting Tools Sales, 2017-2022
4.3.2 By Type - Global Cutting Tools Sales, 2023-2028
4.3.3 By Type - Global Cutting Tools Sales Market Share, 2017-2028
4.4 By Type - Global Cutting Tools Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global Cutting Tools Market Size, 2021 & 2028
5.1.2 Machinery
5.1.3 Automotive
5.1.4 Aerospace
5.1.5 Energy
5.1.6 Others
5.2 By Application - Global Cutting Tools Revenue & Forecasts
5.2.1 By Application - Global Cutting Tools Revenue, 2017-2022
5.2.2 By Application - Global Cutting Tools Revenue, 2023-2028
5.2.3 By Application - Global Cutting Tools Revenue Market Share, 2017-2028
5.3 By Application - Global Cutting Tools Sales & Forecasts
5.3.1 By Application - Global Cutting Tools Sales, 2017-2022
5.3.2 By Application - Global Cutting Tools Sales, 2023-2028
5.3.3 By Application - Global Cutting Tools Sales Market Share, 2017-2028
5.4 By Application - Global Cutting Tools Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global Cutting Tools Market Size, 2021 & 2028
6.2 By Region - Global Cutting Tools Revenue & Forecasts
6.2.1 By Region - Global Cutting Tools Revenue, 2017-2022
6.2.2 By Region - Global Cutting Tools Revenue, 2023-2028
6.2.3 By Region - Global Cutting Tools Revenue Market Share, 2017-2028
6.3 By Region - Global Cutting Tools Sales & Forecasts
6.3.1 By Region - Global Cutting Tools Sales, 2017-2022
6.3.2 By Region - Global Cutting Tools Sales, 2023-2028
6.3.3 By Region - Global Cutting Tools Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America Cutting Tools Revenue, 2017-2028
6.4.2 By Country - North America Cutting Tools Sales, 2017-2028
6.4.3 US Cutting Tools Market Size, 2017-2028
6.4.4 Canada Cutting Tools Market Size, 2017-2028
6.4.5 Mexico Cutting Tools Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe Cutting Tools Revenue, 2017-2028
6.5.2 By Country - Europe Cutting Tools Sales, 2017-2028
6.5.3 Germany Cutting Tools Market Size, 2017-2028
6.5.4 France Cutting Tools Market Size, 2017-2028
6.5.5 U.K. Cutting Tools Market Size, 2017-2028
6.5.6 Italy Cutting Tools Market Size, 2017-2028
6.5.7 Russia Cutting Tools Market Size, 2017-2028
6.5.8 Nordic Countries Cutting Tools Market Size, 2017-2028
6.5.9 Benelux Cutting Tools Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia Cutting Tools Revenue, 2017-2028
6.6.2 By Region - Asia Cutting Tools Sales, 2017-2028
6.6.3 China Cutting Tools Market Size, 2017-2028
6.6.4 Japan Cutting Tools Market Size, 2017-2028
6.6.5 South Korea Cutting Tools Market Size, 2017-2028
6.6.6 Southeast Asia Cutting Tools Market Size, 2017-2028
6.6.7 India Cutting Tools Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America Cutting Tools Revenue, 2017-2028
6.7.2 By Country - South America Cutting Tools Sales, 2017-2028
6.7.3 Brazil Cutting Tools Market Size, 2017-2028
6.7.4 Argentina Cutting Tools Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Cutting Tools Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa Cutting Tools Sales, 2017-2028
6.8.3 Turkey Cutting Tools Market Size, 2017-2028
6.8.4 Israel Cutting Tools Market Size, 2017-2028
6.8.5 Saudi Arabia Cutting Tools Market Size, 2017-2028
6.8.6 UAE Cutting Tools Market Size, 2017-2028
7 Manufacturers & Brands Profiles
7.1 Sandvik
7.1.1 Sandvik Corporate Summary
7.1.2 Sandvik Business Overview
7.1.3 Sandvik Cutting Tools Major Product Offerings
7.1.4 Sandvik Cutting Tools Sales and Revenue in Global (2017-2022)
7.1.5 Sandvik Key News
7.2 IMC Group
7.2.1 IMC Group Corporate Summary
7.2.2 IMC Group Business Overview
7.2.3 IMC Group Cutting Tools Major Product Offerings
7.2.4 IMC Group Cutting Tools Sales and Revenue in Global (2017-2022)
7.2.5 IMC Group Key News
7.3 Mitsubishi
7.3.1 Mitsubishi Corporate Summary
7.3.2 Mitsubishi Business Overview
7.3.3 Mitsubishi Cutting Tools Major Product Offerings
7.3.4 Mitsubishi Cutting Tools Sales and Revenue in Global (2017-2022)
7.3.5 Mitsubishi Key News
7.4 Kennametal
7.4.1 Kennametal Corporate Summary
7.4.2 Kennametal Business Overview
7.4.3 Kennametal Cutting Tools Major Product Offerings
7.4.4 Kennametal Cutting Tools Sales and Revenue in Global (2017-2022)
7.4.5 Kennametal Key News
7.5 OSG
7.5.1 OSG Corporate Summary
7.5.2 OSG Business Overview
7.5.3 OSG Cutting Tools Major Product Offerings
7.5.4 OSG Cutting Tools Sales and Revenue in Global (2017-2022)
7.5.5 OSG Key News
7.6 Sumitomo Electric
7.6.1 Sumitomo Electric Corporate Summary
7.6.2 Sumitomo Electric Business Overview
7.6.3 Sumitomo Electric Cutting Tools Major Product Offerings
7.6.4 Sumitomo Electric Cutting Tools Sales and Revenue in Global (2017-2022)
7.6.5 Sumitomo Electric Key News
7.7 Mapal
7.7.1 Mapal Corporate Summary
7.7.2 Mapal Business Overview
7.7.3 Mapal Cutting Tools Major Product Offerings
7.7.4 Mapal Cutting Tools Sales and Revenue in Global (2017-2022)
7.7.5 Mapal Key News
7.8 Kyocera
7.8.1 Kyocera Corporate Summary
7.8.2 Kyocera Business Overview
7.8.3 Kyocera Cutting Tools Major Product Offerings
7.8.4 Kyocera Cutting Tools Sales and Revenue in Global (2017-2022)
7.8.5 Kyocera Key News
7.9 YG-1
7.9.1 YG-1 Corporate Summary
7.9.2 YG-1 Business Overview
7.9.3 YG-1 Cutting Tools Major Product Offerings
7.9.4 YG-1 Cutting Tools Sales and Revenue in Global (2017-2022)
7.9.5 YG-1 Key News
7.10 Nachi-Fujikoshi
7.10.1 Nachi-Fujikoshi Corporate Summary
7.10.2 Nachi-Fujikoshi Business Overview
7.10.3 Nachi-Fujikoshi Cutting Tools Major Product Offerings
7.10.4 Nachi-Fujikoshi Cutting Tools Sales and Revenue in Global (2017-2022)
7.10.5 Nachi-Fujikoshi Key News
7.11 ZCC·CT
7.11.1 ZCC·CT Corporate Summary
7.11.2 ZCC·CT Cutting Tools Business Overview
7.11.3 ZCC·CT Cutting Tools Major Product Offerings
7.11.4 ZCC·CT Cutting Tools Sales and Revenue in Global (2017-2022)
7.11.5 ZCC·CT Key News
7.12 Union Tool
7.12.1 Union Tool Corporate Summary
7.12.2 Union Tool Cutting Tools Business Overview
7.12.3 Union Tool Cutting Tools Major Product Offerings
7.12.4 Union Tool Cutting Tools Sales and Revenue in Global (2017-2022)
7.12.5 Union Tool Key News
7.13 Korloy
7.13.1 Korloy Corporate Summary
7.13.2 Korloy Cutting Tools Business Overview
7.13.3 Korloy Cutting Tools Major Product Offerings
7.13.4 Korloy Cutting Tools Sales and Revenue in Global (2017-2022)
7.13.5 Korloy Key News
7.14 LMT
7.14.1 LMT Corporate Summary
7.14.2 LMT Business Overview
7.14.3 LMT Cutting Tools Major Product Offerings
7.14.4 LMT Cutting Tools Sales and Revenue in Global (2017-2022)
7.14.5 LMT Key News
7.15 Ceratizit
7.15.1 Ceratizit Corporate Summary
7.15.2 Ceratizit Business Overview
7.15.3 Ceratizit Cutting Tools Major Product Offerings
7.15.4 Ceratizit Cutting Tools Sales and Revenue in Global (2017-2022)
7.15.5 Ceratizit Key News
7.16 Jiangsu Tiangong Tools Co., Ltd.
7.16.1 Jiangsu Tiangong Tools Co., Ltd. Corporate Summary
7.16.2 Jiangsu Tiangong Tools Co., Ltd. Business Overview
7.16.3 Jiangsu Tiangong Tools Co., Ltd. Cutting Tools Major Product Offerings
7.16.4 Jiangsu Tiangong Tools Co., Ltd. Cutting Tools Sales and Revenue in Global (2017-2022)
7.16.5 Jiangsu Tiangong Tools Co., Ltd. Key News
7.17 Shanghai Tool Works Co., Ltd.
7.17.1 Shanghai Tool Works Co., Ltd. Corporate Summary
7.17.2 Shanghai Tool Works Co., Ltd. Business Overview
7.17.3 Shanghai Tool Works Co., Ltd. Cutting Tools Major Product Offerings
7.17.4 Shanghai Tool Works Co., Ltd. Cutting Tools Sales and Revenue in Global (2017-2022)
7.17.5 Shanghai Tool Works Co., Ltd. Key News
7.18 OKE Precision Cutting Tools Co., Ltd.
7.18.1 OKE Precision Cutting Tools Co., Ltd. Corporate Summary
7.18.2 OKE Precision Cutting Tools Co., Ltd. Business Overview
7.18.3 OKE Precision Cutting Tools Co., Ltd. Cutting Tools Major Product Offerings
7.18.4 OKE Precision Cutting Tools Co., Ltd. Cutting Tools Sales and Revenue in Global (2017-2022)
7.18.5 OKE Precision Cutting Tools Co., Ltd. Key News
7.19 Guhring
7.19.1 Guhring Corporate Summary
7.19.2 Guhring Business Overview
7.19.3 Guhring Cutting Tools Major Product Offerings
7.19.4 Guhring Cutting Tools Sales and Revenue in Global (2017-2022)
7.19.5 Guhring Key News
7.20 Tivoly
7.20.1 Tivoly Corporate Summary
7.20.2 Tivoly Business Overview
7.20.3 Tivoly Cutting Tools Major Product Offerings
7.20.4 Tivoly Cutting Tools Sales and Revenue in Global (2017-2022)
7.20.5 Tivoly Key News
8 Global Cutting Tools Production Capacity, Analysis
8.1 Global Cutting Tools Production Capacity, 2017-2028
8.2 Cutting Tools Production Capacity of Key Manufacturers in Global Market
8.3 Global Cutting Tools Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Cutting Tools Supply Chain Analysis
10.1 Cutting Tools Industry Value Chain
10.2 Cutting Tools Upstream Market
10.3 Cutting Tools Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Cutting Tools Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
List of Tables
Table 1. Key Players of Cutting Tools in Global Market
Table 2. Top Cutting Tools Players in Global Market, Ranking by Revenue (2021)
Table 3. Global Cutting Tools Revenue by Companies, (US$, Mn), 2017-2022
Table 4. Global Cutting Tools Revenue Share by Companies, 2017-2022
Table 5. Global Cutting Tools Sales by Companies, (M Units), 2017-2022
Table 6. Global Cutting Tools Sales Share by Companies, 2017-2022
Table 7. Key Manufacturers Cutting Tools Price (2017-2022) & (USD/K Units)
Table 8. Global Manufacturers Cutting Tools Product Type
Table 9. List of Global Tier 1 Cutting Tools Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Cutting Tools Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Cutting Tools Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Global Cutting Tools Revenue (US$, Mn), 2017-2022
Table 13. By Type - Global Cutting Tools Revenue (US$, Mn), 2023-2028
Table 14. By Type - Global Cutting Tools Sales (M Units), 2017-2022
Table 15. By Type - Global Cutting Tools Sales (M Units), 2023-2028
Table 16. By Application – Global Cutting Tools Revenue, (US$, Mn), 2021 & 2028
Table 17. By Application - Global Cutting Tools Revenue (US$, Mn), 2017-2022
Table 18. By Application - Global Cutting Tools Revenue (US$, Mn), 2023-2028
Table 19. By Application - Global Cutting Tools Sales (M Units), 2017-2022
Table 20. By Application - Global Cutting Tools Sales (M Units), 2023-2028
Table 21. By Region – Global Cutting Tools Revenue, (US$, Mn), 2021 VS 2028
Table 22. By Region - Global Cutting Tools Revenue (US$, Mn), 2017-2022
Table 23. By Region - Global Cutting Tools Revenue (US$, Mn), 2023-2028
Table 24. By Region - Global Cutting Tools Sales (M Units), 2017-2022
Table 25. By Region - Global Cutting Tools Sales (M Units), 2023-2028
Table 26. By Country - North America Cutting Tools Revenue, (US$, Mn), 2017-2022
Table 27. By Country - North America Cutting Tools Revenue, (US$, Mn), 2023-2028
Table 28. By Country - North America Cutting Tools Sales, (M Units), 2017-2022
Table 29. By Country - North America Cutting Tools Sales, (M Units), 2023-2028
Table 30. By Country - Europe Cutting Tools Revenue, (US$, Mn), 2017-2022
Table 31. By Country - Europe Cutting Tools Revenue, (US$, Mn), 2023-2028
Table 32. By Country - Europe Cutting Tools Sales, (M Units), 2017-2022
Table 33. By Country - Europe Cutting Tools Sales, (M Units), 2023-2028
Table 34. By Region - Asia Cutting Tools Revenue, (US$, Mn), 2017-2022
Table 35. By Region - Asia Cutting Tools Revenue, (US$, Mn), 2023-2028
Table 36. By Region - Asia Cutting Tools Sales, (M Units), 2017-2022
Table 37. By Region - Asia Cutting Tools Sales, (M Units), 2023-2028
Table 38. By Country - South America Cutting Tools Revenue, (US$, Mn), 2017-2022
Table 39. By Country - South America Cutting Tools Revenue, (US$, Mn), 2023-2028
Table 40. By Country - South America Cutting Tools Sales, (M Units), 2017-2022
Table 41. By Country - South America Cutting Tools Sales, (M Units), 2023-2028
Table 42. By Country - Middle East & Africa Cutting Tools Revenue, (US$, Mn), 2017-2022
Table 43. By Country - Middle East & Africa Cutting Tools Revenue, (US$, Mn), 2023-2028
Table 44. By Country - Middle East & Africa Cutting Tools Sales, (M Units), 2017-2022
Table 45. By Country - Middle East & Africa Cutting Tools Sales, (M Units), 2023-2028
Table 46. Sandvik Corporate Summary
Table 47. Sandvik Cutting Tools Product Offerings
Table 48. Sandvik Cutting Tools Sales (M Units), Revenue (US$, Mn) and Average Price (USD/K Units) (2017-2022)
Table 49. IMC Group Corporate Summary
Table 50. IMC Group Cutting Tools Product Offerings
Table 51. IMC Group Cutting Tools Sales (M Units), Revenue (US$, Mn) and Average Price (USD/K Units) (2017-2022)
Table 52. Mitsubishi Corporate Summary
Table 53. Mitsubishi Cutting Tools Product Offerings
Table 54. Mitsubishi Cutting Tools Sales (M Units), Revenue (US$, Mn) and Average Price (USD/K Units) (2017-2022)
Table 55. Kennametal Corporate Summary
Table 56. Kennametal Cutting Tools Product Offerings
Table 57. Kennametal Cutting Tools Sales (M Units), Revenue (US$, Mn) and Average Price (USD/K Units) (2017-2022)
Table 58. OSG Corporate Summary
Table 59. OSG Cutting Tools Product Offerings
Table 60. OSG Cutting Tools Sales (M Units), Revenue (US$, Mn) and Average Price (USD/K Units) (2017-2022)
Table 61. Sumitomo Electric Corporate Summary
Table 62. Sumitomo Electric Cutting Tools Product Offerings
Table 63. Sumitomo Electric Cutting Tools Sales (M Units), Revenue (US$, Mn) and Average Price (USD/K Units) (2017-2022)
Table 64. Mapal Corporate Summary
Table 65. Mapal Cutting Tools Product Offerings
Table 66. Mapal Cutting Tools Sales (M Units), Revenue (US$, Mn) and Average Price (USD/K Units) (2017-2022)
Table 67. Kyocera Corporate Summary
Table 68. Kyocera Cutting Tools Product Offerings
Table 69. Kyocera Cutting Tools Sales (M Units), Revenue (US$, Mn) and Average Price (USD/K Units) (2017-2022)
Table 70. YG-1 Corporate Summary
Table 71. YG-1 Cutting Tools Product Offerings
Table 72. YG-1 Cutting Tools Sales (M Units), Revenue (US$, Mn) and Average Price (USD/K Units) (2017-2022)
Table 73. Nachi-Fujikoshi Corporate Summary
Table 74. Nachi-Fujikoshi Cutting Tools Product Offerings
Table 75. Nachi-Fujikoshi Cutting Tools Sales (M Units), Revenue (US$, Mn) and Average Price (USD/K Units) (2017-2022)
Table 76. ZCC·CT Corporate Summary
Table 77. ZCC·CT Cutting Tools Product Offerings
Table 78. ZCC·CT Cutting Tools Sales (M Units), Revenue (US$, Mn) and Average Price (USD/K Units) (2017-2022)
Table 79. Union Tool Corporate Summary
Table 80. Union Tool Cutting Tools Product Offerings
Table 81. Union Tool Cutting Tools Sales (M Units), Revenue (US$, Mn) and Average Price (USD/K Units) (2017-2022)
Table 82. Korloy Corporate Summary
Table 83. Korloy Cutting Tools Product Offerings
Table 84. Korloy Cutting Tools Sales (M Units), Revenue (US$, Mn) and Average Price (USD/K Units) (2017-2022)
Table 85. LMT Corporate Summary
Table 86. LMT Cutting Tools Product Offerings
Table 87. LMT Cutting Tools Sales (M Units), Revenue (US$, Mn) and Average Price (USD/K Units) (2017-2022)
Table 88. Ceratizit Corporate Summary
Table 89. Ceratizit Cutting Tools Product Offerings
Table 90. Ceratizit Cutting Tools Sales (M Units), Revenue (US$, Mn) and Average Price (USD/K Units) (2017-2022)
Table 91. Jiangsu Tiangong Tools Co., Ltd. Corporate Summary
Table 92. Jiangsu Tiangong Tools Co., Ltd. Cutting Tools Product Offerings
Table 93. Jiangsu Tiangong Tools Co., Ltd. Cutting Tools Sales (M Units), Revenue (US$, Mn) and Average Price (USD/K Units) (2017-2022)
Table 94. Shanghai Tool Works Co., Ltd. Corporate Summary
Table 95. Shanghai Tool Works Co., Ltd. Cutting Tools Product Offerings
Table 96. Shanghai Tool Works Co., Ltd. Cutting Tools Sales (M Units), Revenue (US$, Mn) and Average Price (USD/K Units) (2017-2022)
Table 97. OKE Precision Cutting Tools Co., Ltd. Corporate Summary
Table 98. OKE Precision Cutting Tools Co., Ltd. Cutting Tools Product Offerings
Table 99. OKE Precision Cutting Tools Co., Ltd. Cutting Tools Sales (M Units), Revenue (US$, Mn) and Average Price (USD/K Units) (2017-2022)
Table 100. Guhring Corporate Summary
Table 101. Guhring Cutting Tools Product Offerings
Table 102. Guhring Cutting Tools Sales (M Units), Revenue (US$, Mn) and Average Price (USD/K Units) (2017-2022)
Table 103. Tivoly Corporate Summary
Table 104. Tivoly Cutting Tools Product Offerings
Table 105. Tivoly Cutting Tools Sales (M Units), Revenue (US$, Mn) and Average Price (USD/K Units) (2017-2022)
Table 106. Cutting Tools Production Capacity (M Units) of Key Manufacturers in Global Market, 2020-2022 (M Units)
Table 107. Global Cutting Tools Capacity Market Share of Key Manufacturers, 2020-2022
Table 108. Global Cutting Tools Production by Region, 2017-2022 (M Units)
Table 109. Global Cutting Tools Production by Region, 2023-2028 (M Units)
Table 110. Cutting Tools Market Opportunities & Trends in Global Market
Table 111. Cutting Tools Market Drivers in Global Market
Table 112. Cutting Tools Market Restraints in Global Market
Table 113. Cutting Tools Raw Materials
Table 114. Cutting Tools Raw Materials Suppliers in Global Market
Table 115. Typical Cutting Tools Downstream
Table 116. Cutting Tools Downstream Clients in Global Market
Table 117. Cutting Tools Distributors and Sales Agents in Global Market
List of Figures
Figure 1. Cutting Tools Segment by Type
Figure 2. Cutting Tools Segment by Application
Figure 3. Global Cutting Tools Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Cutting Tools Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Cutting Tools Revenue, 2017-2028 (US$, Mn)
Figure 7. Cutting Tools Sales in Global Market: 2017-2028 (M Units)
Figure 8. The Top 3 and 5 Players Market Share by Cutting Tools Revenue in 2021
Figure 9. By Type - Global Cutting Tools Sales Market Share, 2017-2028
Figure 10. By Type - Global Cutting Tools Revenue Market Share, 2017-2028
Figure 11. By Type - Global Cutting Tools Price (USD/K Units), 2017-2028
Figure 12. By Application - Global Cutting Tools Sales Market Share, 2017-2028
Figure 13. By Application - Global Cutting Tools Revenue Market Share, 2017-2028
Figure 14. By Application - Global Cutting Tools Price (USD/K Units), 2017-2028
Figure 15. By Region - Global Cutting Tools Sales Market Share, 2017-2028
Figure 16. By Region - Global Cutting Tools Revenue Market Share, 2017-2028
Figure 17. By Country - North America Cutting Tools Revenue Market Share, 2017-2028
Figure 18. By Country - North America Cutting Tools Sales Market Share, 2017-2028
Figure 19. US Cutting Tools Revenue, (US$, Mn), 2017-2028
Figure 20. Canada Cutting Tools Revenue, (US$, Mn), 2017-2028
Figure 21. Mexico Cutting Tools Revenue, (US$, Mn), 2017-2028
Figure 22. By Country - Europe Cutting Tools Revenue Market Share, 2017-2028
Figure 23. By Country - Europe Cutting Tools Sales Market Share, 2017-2028
Figure 24. Germany Cutting Tools Revenue, (US$, Mn), 2017-2028
Figure 25. France Cutting Tools Revenue, (US$, Mn), 2017-2028
Figure 26. U.K. Cutting Tools Revenue, (US$, Mn), 2017-2028
Figure 27. Italy Cutting Tools Revenue, (US$, Mn), 2017-2028
Figure 28. Russia Cutting Tools Revenue, (US$, Mn), 2017-2028
Figure 29. Nordic Countries Cutting Tools Revenue, (US$, Mn), 2017-2028
Figure 30. Benelux Cutting Tools Revenue, (US$, Mn), 2017-2028
Figure 31. By Region - Asia Cutting Tools Revenue Market Share, 2017-2028
Figure 32. By Region - Asia Cutting Tools Sales Market Share, 2017-2028
Figure 33. China Cutting Tools Revenue, (US$, Mn), 2017-2028
Figure 34. Japan Cutting Tools Revenue, (US$, Mn), 2017-2028
Figure 35. South Korea Cutting Tools Revenue, (US$, Mn), 2017-2028
Figure 36. Southeast Asia Cutting Tools Revenue, (US$, Mn), 2017-2028
Figure 37. India Cutting Tools Revenue, (US$, Mn), 2017-2028
Figure 38. By Country - South America Cutting Tools Revenue Market Share, 2017-2028
Figure 39. By Country - South America Cutting Tools Sales Market Share, 2017-2028
Figure 40. Brazil Cutting Tools Revenue, (US$, Mn), 2017-2028
Figure 41. Argentina Cutting Tools Revenue, (US$, Mn), 2017-2028
Figure 42. By Country - Middle East & Africa Cutting Tools Revenue Market Share, 2017-2028
Figure 43. By Country - Middle East & Africa Cutting Tools Sales Market Share, 2017-2028
Figure 44. Turkey Cutting Tools Revenue, (US$, Mn), 2017-2028
Figure 45. Israel Cutting Tools Revenue, (US$, Mn), 2017-2028
Figure 46. Saudi Arabia Cutting Tools Revenue, (US$, Mn), 2017-2028
Figure 47. UAE Cutting Tools Revenue, (US$, Mn), 2017-2028
Figure 48. Global Cutting Tools Production Capacity (M Units), 2017-2028
Figure 49. The Percentage of Production Cutting Tools by Region, 2021 VS 2028
Figure 50. Cutting Tools Industry Value Chain
Figure 51. Marketing Channels
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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Market Segments(by Application, by Type) |
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Total Market |
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