Carbide cutting tools also known as carbide tipped cutting tools are widely used as metal cutting tool.
This report contains market size and forecasts of Carbide Tools in global, including the following market information:
- Global Carbide Tools Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Carbide Tools Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Carbide Tools companies in 2021 (%)
The global Carbide Tools market was valued at 5155.6 million in 2021 and is projected to reach US$ 6631.8 million by 2028, at a CAGR of 3.7% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Aluminium Carbide Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Carbide Tools include Advent Tool & Manufacturing, Best Carbide Cutting Tools, Garr Tool, Mitsubishi Materials, Ingersoll Cutting Tool, Ceratizit, Vhf Camfacture, Rock River Tool and SGS Tool, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Carbide 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.
Total Market by Segment:
Global Carbide Tools Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Carbide Tools Market Segment Percentages, by Type, 2021 (%)
- Aluminium Carbide
- Calcium Carbide
- Silicon Carbide
- Tungsten Carbide
- Iron Carbide
Global Carbide Tools Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Carbide Tools Market Segment Percentages, by Application, 2021 (%)
- Engraving
- Chamfering
- Cutting
- Drilling
- Grooving
- Milling
- Machining of Threads
Global Carbide Tools Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Carbide 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 Carbide Tools revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Carbide Tools revenues share in global market, 2021 (%)
- Key companies Carbide Tools sales in global market, 2017-2022 (Estimated), (K Units)
- Key companies Carbide Tools sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Advent Tool & Manufacturing
- Best Carbide Cutting Tools
- Garr Tool
- Mitsubishi Materials
- Ingersoll Cutting Tool
- Ceratizit
- Vhf Camfacture
- Rock River Tool
- SGS Tool
- Carbide Tools Manufacturing
- Tunco Manufacturing
- Global Excel Tools Manufacturing
- Promax Tools
