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Europe Carbide Tools Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Tool Type, Configuration, and End-User

  • ID: 5359945
  • Report
  • June 2021
  • Region: Europe
  • 116 pages
  • The Insight Partners
UP TO OFF
until Sep 30th 2021

FEATURED COMPANIES

  • CERATIZIT S.A.
  • DIMAR GROUP
  • GARR TOOL
  • KYOCERA Precision Tools
  • Makita Corporation
  • Sandvik Coromant
  • MORE
Machine-Based Segment to Dominate Europe Carbide Tools Market during 2020-2028



According to this research study titled “Europe Carbide Tools Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Tool Type, Configuration, and End-User,” the market is expected to reach US$ 4,196.53 million by 2028 from US$ 2,995.59 million in 2021. The market is estimated to grow at a CAGR of 4.9 % from 2021 to 2028.The report provides trends prevailing in the Europe carbide tools market along with the drivers and restraints pertaining to the market growth. Upgraded performance of carbide tools than their counterparts and mounting production in automotive sector are the major factor driving the growth of the Europe carbide tools market. However, availability of alternatives hinders the growth of Europe carbide tools market.

In case of COVID-19, Europe is highly affected specially France. It is expected to suffer an economic hit due to a lack of revenue from various industries. Additionally, with the outbreak of another variant of COVID-19 in the UK, the carbide tools market is expected to get hampered. The region is a significant manufacturing and industrial hub for sectors such as healthcare, aviation, manufacturing, automotive, energy and power, and others. However, due to COVID-19, many businesses in Europe face financial challenges as they had to reduce their activities substantially, owing to lack of workforce, government-imposed restrictions, and decreasing sales. The lockdown to minimize the transmission of virus has significantly disrupted the supply chain activities along with production volume across several manufacturers especially the small & medium enterprise owners. Moreover, the production activities in multiple industries has contracted significantly during the 2020 resulting in decline in the carbide tools market. However, with increasing need for healthcare products, there will be some positive trends for carbide tools in medical industries across Europe region.

The Europe carbide tools market is segmented into tool type, configuration, end-user, and country. Based on tool type, the market is further segmented into end mills, tipped bores, burrs, drills, cutters, and other tools. The end mills segment dominated the market in 2020 and drills segment is expected to be fastest growing during forecast period. In terms of configuration, the market is categorized into hand-based and machine-based. The machine-based segment dominated the market in 2020 and is also expected to be fastest growing during forecast period. Based on end-user, the market is segmented into automotive and transportation, metal fabrication, construction, oil and gas, heavy machinery, and other end-users. The automotive and transportation segment dominated the market in 2020 and heavy machinery segment is expected to be fastest growing during forecast period.

CERATIZIT S.A., DIMAR GROUP, GARR TOOL, Ingersoll Cutting Tool Company, KYOCERA Precision Tools, Makita Corporation, MITSUBISHI MATERIALS Corporation, and Sandvik Coromant are among the leading companies in the Europe carbide tools market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Makita Corporation announced the launch of new products at STAFDA.

The report segments the Europe Carbide Tools Market as follows:

Europe Carbide Tools Market - By Tool Type
  • End Mills
  • Tipped Bores
  • Burrs
  • Drills
  • Cutters
  • Other Tools
Europe Carbide Tools Market - By Configuration
  • Hand-Based
  • Machine-Based
Europe Carbide Tools Market - By End-User
  • Automotive and Transportation
  • Metal Fabrication
  • Construction
  • Oil and Gas
  • Heavy Machinery
  • Other End-user
Europe Carbide Tools Market - By Country
  • Germany
  • France
  • Italy
  • UK
  • Russia
  • Rest of Europe
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • CERATIZIT S.A.
  • DIMAR GROUP
  • GARR TOOL
  • KYOCERA Precision Tools
  • Makita Corporation
  • Sandvik Coromant
  • MORE
1. Introduction
1.1 Study Scope
1.2 The Publisher's Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Carbide Tools Market - By Tool Type
1.3.2 Europe Carbide Tools Market - By Configuration
1.3.3 Europe Carbide Tools Market - By End-User
1.3.4 Europe Carbide Tools Market - By Country

2. Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Europe Carbide Tools Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions

5. Europe Carbide Tools Market - Key Industry Dynamics
5.1 Market Drivers
5.1.1 Mounting production in automotive sector
5.1.2 Upgraded performance of carbide tools than their counterparts
5.2 Market Restraints
5.2.1 Availability of alternatives
5.3 Market Opportunities
5.3.1 Escalating demand for enhanced carbide cutting tools
5.4 Future Trends
5.4.1 Surging demand in various industries
5.5 Impact Analysis of Drivers and Restraints

6. Carbide Tools Market - Europe Analysis
6.1 Europe Carbide Tools Market Overview
6.2 Europe Carbide Tools Market Revenue and Forecast to 2028(US$ Million)

7. Europe Carbide Tools Market Analysis- By Tool Type
7.1 Overview
7.2 Europe Carbide Tools Market Breakdown, By Tool Type (2020 and 2028)
7.3 End Mills
7.3.1 Overview
7.3.2 End Mills: Carbide Tools Market Revenue and Forecast to 2028(US$ Million)
7.4 Tipped Bores
7.4.1 Overview
7.4.2 Tipped Bores: Carbide Tools Market Revenue and Forecast to 2028(US$ Million)
7.5 Burrs
7.5.1 Overview
7.5.2 Burrs: Carbide Tools Market Revenue and Forecast to 2028(US$ Million)
7.6 Drills
7.6.1 Overview
7.6.2 Drills: Carbide Tools Market Revenue and Forecast to 2028(US$ Million)
7.7 Cutters
7.7.1 Overview
7.7.2 Cutters: Carbide Tools Market Revenue and Forecast to 2028(US$ Million)
7.8 Other Tools
7.8.1 Overview
7.8.2 Other Tools: Carbide Tools Market Revenue and Forecast to 2028(US$ Million)

8. Europe Carbide Tools Market Analysis- By Configuration
8.1 Overview
8.2 Europe Carbide Tools Market Breakdown, By Configuration (2020 and 2028)
8.3 Hand-Based
8.3.1 Overview
8.3.2 Hand-Based: Carbide Tools Market Revenue and Forecast to 2028(US$ Million)
8.4 Machine-Based
8.4.1 Overview
8.4.2 Machine-Based: Carbide Tools Market Revenue and Forecast to 2028(US$ Million)

9. Europe Carbide Tools Market Analysis - By End-User
9.1 Overview
9.2 Europe Carbide Tools Market, By End-User (2020 and 2028)
9.3 Automotive and Transportation
9.3.1 Overview
9.3.2 Automotive and Transportation: Carbide Tools Market Revenue and Forecast to 2028(US$ Million)
9.4 Metal Fabrication
9.4.1 Overview
9.4.2 Metal Fabrication: Carbide Tools Market Revenue and Forecast to 2028(US$ Million)
9.5 Construction
9.5.1 Overview
9.5.2 Construction: Carbide Tools Market Revenue and Forecast to 2028(US$ Million)
9.6 Oil and Gas
9.6.1 Overview
9.6.2 Oil and Gas: Carbide Tools Market Revenue and Forecast to 2028(US$ Million)
9.7 Heavy Machinery
9.7.1 Overview
9.7.2 Heavy Machinery: Carbide Tools Market Revenue and Forecast to 2028(US$ Million)
9.8 Other End-User
9.8.1 Overview
9.8.2 Other End-User Industry: Carbide Tools Market Revenue and Forecast to 2028(US$ Million)

10. Europe Carbide Tools Market - Country Analysis
10.1 Overview
10.1.1 Europe: Carbide Tools Market, by Key Country
10.1.1.1 Germany: Carbide Tools Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Germany: Carbide Tools Market, by Tool Type
10.1.1.1.2 Germany: Carbide Tools Market, by Configuration
10.1.1.1.3 Germany: Carbide Tools Market, by End-User
10.1.1.2 France: Carbide Tools Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 France: Carbide Tools Market, by Tool Type
10.1.1.2.2 France: Carbide Tools Market, by Configuration
10.1.1.2.3 France: Carbide Tools Market, by End-User
10.1.1.3 Italy: Carbide Tools Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Italy: Carbide Tools Market, by Tool Type
10.1.1.3.2 Italy: Carbide Tools Market, by Configuration
10.1.1.3.3 Italy: Carbide Tools Market, by End-User
10.1.1.4 UK: Carbide Tools Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 UK: Carbide Tools Market, by Tool Type
10.1.1.4.2 UK: Carbide Tools Market, by Configuration
10.1.1.4.3 UK: Carbide Tools Market, by End-User
10.1.1.5 Russia: Carbide Tools Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 Russia: Carbide Tools Market, by Tool Type
10.1.1.5.2 Russia: Carbide Tools Market, by Configuration
10.1.1.5.3 Russia: Carbide Tools Market, by End-User
10.1.1.6 Rest of Europe: Carbide Tools Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Europe: Carbide Tools Market, by Tool Type
10.1.1.6.2 Rest of Europe: Carbide Tools Market, by Configuration
10.1.1.6.3 Rest of Europe: Carbide Tools Market, by End-User

11. Europe Carbide Tools Market- COVID-19 Impact Analysis
11.1 Europe

12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Development
12.4 Merger and Acquisition

13. Company Profiles
13.1 CERATIZIT S.A.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 GARR TOOL
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Ingersoll Cutting Tool Company
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 KYOCERA Precision Tools
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 DIMAR GROUP
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 MITSUBISHI MATERIALS Corporation
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Sandvik Coromant
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Makita Corporation
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments

14. Appendix
14.1 About the Publisher
14.2 Word Index

List of Tables
Table 1. Europe Carbide Tools Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. Europe Carbide Tools Market, by Country - Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany: Carbide Tools Market, by Tool Type - Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany: Carbide Tools Market, by Configuration - Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany: Carbide Tools Market, by End-User - Revenue and Forecast to 2028 (US$ Million)
Table 6. France: Carbide Tools Market, by Tool Type - Revenue and Forecast to 2028 (US$ Million)
Table 7. France: Carbide Tools Market, by Configuration - Revenue and Forecast to 2028 (US$ Million)
Table 8. France: Carbide Tools Market, by End-User - Revenue and Forecast to 2028 (US$ Million)
Table 9. Italy: Carbide Tools Market, by Tool Type - Revenue and Forecast to 2028 (US$ Million)
Table 10. Italy: Carbide Tools Market, by Configuration - Revenue and Forecast to 2028 (US$ Million)
Table 11. Italy: Carbide Tools Market, by End-User - Revenue and Forecast to 2028 (US$ Million)
Table 12. UK: Carbide Tools Market, by Tool Type - Revenue and Forecast to 2028 (US$ Million)
Table 13. UK: Carbide Tools Market, by Configuration - Revenue and Forecast to 2028 (US$ Million)
Table 14. UK: Carbide Tools Market, by End-User - Revenue and Forecast to 2028 (US$ Million)
Table 15. Russia: Carbide Tools Market, by Tool Type - Revenue and Forecast to 2028 (US$ Million)
Table 16. Russia: Carbide Tools Market, by Configuration - Revenue and Forecast to 2028 (US$ Million)
Table 17. Russia: Carbide Tools Market, by End-User - Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of Europe: Carbide Tools Market, by Tool Type - Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of Europe: Carbide Tools Market, by Configuration - Revenue and Forecast to 2028 (US$ Million)
Table 20. Rest of Europe: Carbide Tools Market, by End-User - Revenue and Forecast to 2028 (US$ Million)
Table 21. List of Abbreviation

List of Figures
Figure 1. Europe Carbide Tools Market Segmentation
Figure 2. Europe Carbide Tools Market Segmentation - By Country
Figure 3. Europe Carbide Tools Market Overview
Figure 4. End Mills Segment held the Largest Share of Europe Carbide Tools Market
Figure 5. Machine-Based Segment held the Largest Share of Europe Carbide Tools Market
Figure 6. Automotive and Transportation segment held the Largest Share of Europe Carbide Tools Market
Figure 7. UK to Show Great Traction During Forecast Period
Figure 8. Europe - PEST Analysis
Figure 9. Europe Carbide Tools Market, Ecosystem
Figure 10. Expert Opinions
Figure 11. Europe Carbide Tools Market Impact Analysis of Drivers and Restraints
Figure 12. Europe Carbide Tools Market Revenue and Forecast to 2028(US$ Million) (US$ Million)
Figure 13. Europe Carbide Tools Market Breakdown, By Tool Type (2020 and 2028)
Figure 14. Europe End Mills: Carbide Tools Market Revenue and Forecast to 2028(US$ Million)
Figure 15. Europe Tipped Bores: Carbide Tools Market Revenue and Forecast to 2028(US$ Million)
Figure 16. Europe Burrs: Carbide Tools Market Revenue and Forecast to 2028(US$ Million)
Figure 17. Europe Drills: Carbide Tools Market Revenue and Forecast to 2028(US$ Million)
Figure 18. Europe Cutters: Carbide Tools Market Revenue and Forecast to 2028(US$ Million)
Figure 19. Europe Other Tools: Carbide Tools Market Revenue and Forecast to 2028(US$ Million)
Figure 20. Europe Carbide Tools Market Breakdown, By Configuration (2020 and 2028)
Figure 21. Europe Hand-Based: Carbide Tools Market Revenue and Forecast to 2028(US$ Million)
Figure 22. Europe Machine-Based: Carbide Tools Market Revenue and Forecast to 2028(US$ Million)
Figure 23. Europe Carbide Tools Market Breakdown, By End-User (2020 and 2028)
Figure 24. Europe Automotive and Transportation: Carbide Tools Market Revenue and Forecast to 2028(US$ Million)
Figure 25. Europe Metal Fabrication: Carbide Tools Market Revenue and Forecast to 2028(US$ Million)
Figure 26. Europe Construction: Carbide Tools Market Revenue and Forecast to 2028(US$ Million)
Figure 27. Europe Oil and Gas: Carbide Tools Market Revenue and Forecast to 2028(US$ Million)
Figure 28. Europe Heavy Machinery Industry: Carbide Tools Market Revenue and Forecast to 2028(US$ Million)
Figure 29. Europe Other End-User: Carbide Tools Market Revenue and Forecast to 2028(US$ Million)
Figure 30. Europe: Carbide tools Market, by Key Country - Revenue (2020) (USD Million)
Figure 31. Europe: Carbide Tools Market Revenue Share, by Key Country (2020 and 2028)
Figure 32. Germany: Carbide Tools Market - Revenue and Forecast to 2028 (US$ Million)
Figure 33. France: Carbide Tools Market - Revenue and Forecast to 2028 (US$ Million)
Figure 34. Italy: Carbide Tools Market - Revenue and Forecast to 2028 (US$ Million)
Figure 35. UK: Carbide Tools Market - Revenue and Forecast to 2028 (US$ Million)
Figure 36. Russia: Carbide Tools Market - Revenue and Forecast to 2028 (US$ Million)
Figure 37. Rest of Europe: Carbide Tools Market - Revenue and Forecast to 2028 (US$ Million)
Figure 38. Impact of COVID-19 Pandemic in Europe Country Markets
Note: Product cover images may vary from those shown
  • CERATIZIT S.A.
  • DIMAR GROUP
  • GARR TOOL
  • Ingersoll Cutting Tool Company
  • KYOCERA Precision Tools
  • Makita Corporation
  • MITSUBISHI MATERIALS Corporation
  • Sandvik Coromant
Note: Product cover images may vary from those shown
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