Global Carbide Tools Market – Industry Trends and Forecast to 2029

카바이드 도구 시장 분석 및 규모

주로 제조 응용 분야에서 카바이드 공구의 인기가 증가함에 따라 예측 기간 동안 시장 성장이 촉진될 가능성이 높습니다. 생산 효율성과 제조 설계 개발의 필요성은 제조업체가 더 나은 최종 제품을 조사할 수 있는 기반을 마련했습니다. 결과적으로 카바이드 공구에 대한 수요는 고려해야 할 힘입니다.

Data Bridge Market Research는 카바이드 공구 시장이 2021년에 11,187.04백만 달러로 평가되었으며, 예측 기간 동안 5.30%의 CAGR로 2029년까지 16,909.94백만 달러에 도달할 것으로 분석했습니다. 시장 가치, 성장률, 세분화, 지리적 범위, 주요 업체와 같은 시장 시나리오에 대한 통찰력 외에도 Data Bridge Market Research에서 큐레이팅한 시장 보고서에는 심층적인 전문가 분석, 지리적으로 표현된 회사별 생산 및 용량, 유통업체 및 파트너의 네트워크 레이아웃, 자세하고 업데이트된 가격 추세 분석, 공급망 및 수요의 적자 분석이 포함됩니다.

카바이드 도구 범위 및 세분화

시장 정의

카바이드 공구는 카바이드 팁 절삭 공구로도 알려져 있으며, 금속 절삭 공구로 널리 사용됩니다. 카바이드 공구는 고속, 재활용 시간 단축, 긴 작업 수명, 절삭 날의 뛰어난 내마모성 등과 같은 다양한 특징으로 인해 가공 응용 분야에 사용됩니다.

글로벌 카바이드 도구 시장 역학

운전자

• 가공 응용 분야에서 카바이드 공구에 대한 수요 증가

가공 응용 분야에서 카바이드 공구의 광범위한 사용은 시장에서 판매와 수요를 촉진할 것으로 예상됩니다. 이러한 공구는 사이클 타임 단축, 긴 작업 수명, 빠른 속도, 우수한 내마모성 및 높은 가공 온도에서 최첨단 유지와 같은 고유한 특징을 가지고 있어 시장에서 카바이드 공구의 판매가 계속 증가할 것입니다.

• 코팅제 사용 증가로 카바이드 공구 판매에 영향 미쳐

카바이드 코팅은 절삭 공구에서 가공 성능을 개선하기 위해 사용되고 있습니다. 코팅은 이러한 공구가 경도를 유지하고 많은 작업에서 고온을 견딜 수 있도록 합니다. 카바이드 공구에 코팅을 사용하는 것이 증가함에 따라 카바이드 공구 판매가 증가하고 시장 성장을 촉진할 것으로 예상됩니다.

• 전자상거래 부문의 성장

경쟁력 있는 가격을 제공하는 전자상거래 플랫폼 AT 카바이드 절삭 공구 시장은 시장 성장의 또 다른 주요 요인입니다. 예를 들어, Tool Kart는 번거로움 없이 산업 구매자가 온라인에서 절삭 공구를 구매할 수 있는 최신 온라인 전자상거래 시장을 공개했습니다. 또한 사용자는 새로운 웹사이트에서 표준 및 특수 절삭 공구와 같은 툴링 요구 사항을 소싱할 수 있습니다.

기회

• 제품 발전이 결정 요인으로 등장할 것입니다.

The growing demand for carbide tools led several manufacturers to focus on developing innovative, high-performance products. For instance, Ingersoll Cutting Tools, a Rockford-based turning, milling, and hole-making tool manufacturer in June 2021 has announced that it has enhanced its indexable deep hole drilling head. Thus, the surging product launches and other innovations by major market players will create numerous growth opportunities for the market.

Moreover, the rapid development of state-of-the-art manufacturing designs and the increasing need to achieve operational efficacy are other major factors that will create new and ample opportunities for the growth of the carbide tools market.

Restraints

• Disadvantages associated with carbide tools will challenge the growth

High prices associated with the tools and lack of research and development proficiencies will be a market restraint during the forecast period. The carbide tools can severely cause health issues and accidents, which will further hinder the growth rate of the carbide tools market. Large-scale technological restrictions in undeveloped countries will further challenge the growth rate of the carbide tools market.

This carbide tools market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the carbide tools market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Carbide Tools Market

The outbreak of COVID-19 has adversely affected the global carbide tools market. The disrupted supply chains have adversely impacted many industries during the pandemic. This carbide tool is used in several industries, such as woodworking, oil and natural gas, electricity generation, and die-and-molding. However, due to the lockdown, there was a dramatic decline in sales of the material. Thus, COVID-19 left a significant impact on the growth of the carbide tools market.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

• In February 2022, Horn, a leading supplier of grooving tools, launched new tools to manufacture narrower grooves. This would allow the company to increase its circular interpolation system for slot milling.
• In January 2022, Guhring, Inc., a majormanufacturer of round shank cutting tools, announced that it would introduce its novel product range at the Birmingham NEC. It will also introduce its sharpest solid carbide milling tool, RF100 Sharp Series. It is considered perfect for trochoidal cutting, roughing, ramping, finishing, helical milling, and slotting.
• In November 2020, GARR TOOL entered a partnership with Mastercam to provide a complete tool library to consumers natively inside the Mastercam platform. This partnership will be of remarkable value for future and current consumers because the manufacturing process becomes easier to access data and rely on the instant.

 Global Carbide Tools Market Scope

The carbide tools market is segmented based on material type, grade type, configuration, application, type of tool, coating type and end-user industry. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Material Type

• Aluminum Carbide
• Calcium Carbide
• Silicon Carbide
• Tungsten Carbide
• Iron Carbide
• Titanium Carbide

Grade Type

• Cast-Iron Carbides
• Steel-Grade Carbide

Application

• Engraving
• Chamfering
• Cutting
• Drilling
• Grooving
• Milling
• Machining of Threads
• Others

 Type of Tool

• Drilling Tools
• Cutting Tools
• Milling Tools
• Reamers
• Burrs
• Boring Tools
• Inserts
• Countersinks
• Engraving Tools
• Counterbores
• Routers
• Others

Coating Type

• Coated
• Non-coated

 End User Industry

• Automotive and Transportation
• Construction
• General Manufacturing
• Furniture and Carpentry
• Oil and Gas
• Power and Energy
• Mining
• Electronics
• Defense and Military
• Healthcare and Medical
• Others

Configuration

• Hand Based
• Machine Based

Carbide Tools Market Regional Analysis/Insights

The carbide tools market is analysed and market size insights and trends are provided by country, material type, grade type, application, type of tool, configuration, coating type and end user industry as referenced above.

The countries covered in the carbide tools market report are report  U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Europe dominates the carbide tools market in terms of revenue growth and market share owing to the presence of major manufacturers in this region.

Asia-Pacific is projected to be the fastest developing region during the forecast period of 2022-2029 due to the growth and expansion of several end-user verticals in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Carbide Tools Market Share Analysis

The carbide tools market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to carbide tools market.

Some of the major players operating in the carbide tools market are:

• Zhuzhou tony carbide co.,ltd (China)
• West Ohio Tool (U.S.)
• GARR TOOL (U.S.)
• MITSUBISHI MATERIALS Corporation (Japan)
• Ingersoll Cutting Tool Company (U.S.)
• CERATIZIT S.A. (Luxembourg)
• vhf (Germany)
• Rock River Tool, Inc (U.S.)
• KYOCERA SGS Precision Tools Europe Ltd (U.K.)
• Vora Group Of Industries (India))
• Tunco Manufacturing Inc.(U.S.)
• Global Excel Tools Manufacturing Sdn. Bhd.(Malaysia)
• 3M (U.S.)
• ABB (Switzerland)
• Robert Bosch GmbH (Germany)

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