1h Free Analyst Time
The global cutting tool inserts market is forecasted to grow by USD 2.43 billion during 2025-2030, accelerating at a CAGR of 6.0% during the forecast period. The report on the global cutting tool inserts market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advancements in coating technologies and substrate innovations, resurgence and expansion of aerospace and defense sector, integration of digital manufacturing and sustainability initiatives.
The study identifies the advancement of high-performance materials and coating technologies as one of the prime reasons driving the global cutting tool inserts market growth during the next few years. Also, imperative of sustainability and circular supply chains and evolution of high-performance grades for strategic industries will lead to sizable demand in the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The global cutting tool inserts market is segmented as below:
By Application
- Milling tool inserts
- Drilling tool inserts
- Rotary tool inserts
- Turning tool inserts
- Others
By Type
- Carbide tool inserts
- CBN inserts
- Ceramic inserts
- Others
By Product Type
- Metal machining
- Plastic machining
- Woodworking
- Composite materials
By Region
- APAC
- Europe
- North America
- South America
- Middle East and Africa
- Rest of World (RoW)
The report covers the following areas:
- Global cutting tool inserts market sizing
- Global cutting tool inserts market forecast
- Global cutting tool inserts market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Application
9 Market Segmentation by Type
10 Market Segmentation by Product Type
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global global cutting tool inserts market: ARCH Cutting Tools, Asahi Diamond Industrial Ltd., B.R. Meccanica Italy, CERATIZIT SA, Element Six UK Ltd., ILJIN Diamond Co. Ltd., International Metalworking Co, ISCAR Ltd., Kennametal Inc., Knight Carbide Inc., KYOCERA Corp., LOVEJOY Tool Co. Inc., Mitsubishi Materials Corp., NACHI FUJIKOSHI Corp., Sandvik AB, Seco Tools AB, Sumitomo Corp., Tungaloy Corp., Tyrolit Schleifmittelwerke KG.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is advancement of high-performance materials and coating technologies."
According to the report, one of the major drivers for this market is the advancements in coating technologies and substrate innovations.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ARCH Cutting Tools
- Asahi Diamond Industrial Ltd.
- B.R. Meccanica Italy
- CERATIZIT SA
- Element Six UK Ltd.
- ILJIN Diamond Co. Ltd.
- International Metalworking Co
- ISCAR Ltd.
- Kennametal Inc.
- Knight Carbide Inc.
- KYOCERA Corp.
- LOVEJOY Tool Co. Inc.
- Mitsubishi Materials Corp.
- NACHI FUJIKOSHI Corp.
- Sandvik AB
- Seco Tools AB
- Sumitomo Corp.
- Tungaloy Corp.
- Tyrolit Schleifmittelwerke KG
