Sales in the global carbide tools market are slated to top US$ 7.6 Billion in 2023. Expanding at a healthy 7.1% CAGR, the market size is projected to total US$ 15 Billion by 2033.
| Attribute | Details |
|---|---|
| Carbide Tools Market Estimated Size 2023 | US$ 7.6 Billion |
| Carbide Tools Market Value-based CAGR (2023 to 2033) | 7.1% CAGR |
| Carbide Tools Market Size in Projected 2033 | US$ 15 Billion |
The ability of carbide-based machine tools and tool holders to provide durability is set to drive the market forward. Carbide parting tools help in maintaining the edges of cutting equipment and offer a longer service life.
The extensive usage of carbide lathe tools in machining applications is anticipated to propel sales. These tools have unique characteristics such as long working life, fast speed, superior wear resistance, reduced cycle time, and cutting-edge retention at high machining temperatures, which is likely to continue pushing sales.
Sales are likely to continue to increase as a result of the tool's distinctive qualities, which include long working life, quick speed, improved wear resistance, shorter cycle times, and cutting-edge retention at high machining temperatures.
Several industrial aspects, coupled with a few developments that affect the perspectives of the concerned manufacturers and customers, are promoting industrial progress. This is projected to boost the demand for carbide tools.
Despite some encouraging industry trends, there are several unfavorable market developments that might affect the forecast for growth. The internal strain of the carbide tools tends to build up, restricting their forms and frequency of cutting edges while still utilizing extremely sharp cutting edges. Carbide tools cost more to replace than high-speed tools because they are more delicate and brittle.
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The carbide tools market is expected to register a 7.1% CAGR between 2023 and 2033, up from a 6.5% CAGR recorded from 2017 to 2022, predicts Future Market Insights (FMI).
Sales of carbide lathe tools are expected to remain high, as compared to High-Speed Steel (HSS) cutting tools. These tools are used to machine or shape metal or other stiff materials via cutting, grinding shearing, and boring methods.
With an increasing demand for these tools, various manufacturers are focusing on the development of high-performance and innovative products. For instance, in June 2021, Ingersoll Cutting Tools, a Rockford-based manufacturer of milling, turning, and hole-making tools announced that it had improved its indexable deep hole drilling head.
To do so, the company provided novel wear-resistant grades for more endurance and expanded the diameter range of the drilling head. Hence, constant upgradation of existing product lines by key players is projected to boost the demand for carbide grinding bits in the forthcoming years.
| Attribute | Projected Value |
|---|---|
| 2025 | US$ 8.78 Billion |
| 2028 | US$ 10.91 Billion |
| 2032 | US$ 14.57 Billion |
| Historical CAGR (2017 to 2022) | 6.5% |
|---|---|
| Forecast CAGR (2023 to 2033) | 7.1% |
The growing popularity of carbide lathe tools across various industries is likely to accelerate market growth. Rapid deployment of these tools in multiple industries to operate either automatically or manually is expected to bode well for the market.
Carbide coatings are being utilized in cutting tools to enhance their machining performance. Coatings enable these tools to withstand high temperatures and maintain their hardness throughout numerous operations. Driven by the aforementioned factors, the carbide tools market is projected to grow at a steady pace in the forthcoming years.
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An increasing number of mergers and acquisitions among regional and international manufacturers is expected to create lucrative opportunities for carbide tool players. These strategies are not only helping to create novel prospects in emerging markets but are also providing access to new untapped markets.
For instance, in February 2021, Mitsubishi Materials Corporation successfully completed the acquisition of a 30% stake in the Mantoverde copper mine located in Chile for US$ 275 Million. MMC is set to take part in the construction of building facilities to support the processing and extraction of sulfide ore as part of the Mantoverde Development Project (MVDP). The engagement of renowned companies in similar strategies is projected to drive the market.
| Country | The United States of America |
|---|---|
| CAGR (2023 to 2033) | 6.9% |
| Market Size (2033) | US$ 2 Billion |
| Country | The United Kingdom |
|---|---|
| CAGR (2023 to 2033) | 7.2% |
| Market Size (2033) | US$ 557.6 Million |
| Country | China |
|---|---|
| CAGR (2023 to 2033) | 8.7% |
| Market Size (2033) | US$ 3.6 Billion |
| Country | Japan |
|---|---|
| CAGR (2023 to 2033) | 4.4% |
| Market Size (2033) | US$ 875 Million |
| Country | India |
|---|---|
| CAGR (2023 to 2033) | 9.6% |
| Market Size (2033) | US$ 642.1 Million |
| Attributes | Details |
|---|---|
| Market Size (2033) | US$ 3.6 Billion |
| Market Absolute Dollar Growth (US$ Million/Billion) | US$ 2 Billion |
The China carbide tools market is projected to reign the global market in the span of the next 10 years. The economy is likely to demonstrate a CAGR of 8.7% to reach US$ 3.6 Billion by 2033. The market is gaining momentum as a result of dedicated efforts by key players to expand in the region so as to enjoy a wider geographic presence. Additionally, the thriving construction landscape and overall enhanced machinery processing are spurring the demand for carbide tools in the coming years. As a result, the increasing facilities in China to meet the regional demand is leading to market expansion.
In July 2021, Sandvik AB signed an agreement to acquire a significant portion of Chuzhou Yongpu Carbide Tools Co., Ltd., which is a China-based company offering premium solid round tools. The agreement has a call option to acquire the remaining portion within three years. The latter’s capacity includes the manufacturing of full solid round tools, cutting tools, covering blanks, reconditioning, and coating services.
| Historical CAGR (2017 to 2022) | 6.9% |
|---|---|
| Forecast CAGR (2023 to 2033) | 8.7% |
| Attributes | Details |
|---|---|
| Market Size (2033) | US$ 2 Billion |
| Market Absolute Dollar Growth (US$ Million/Billion) | US$ 959.8 Million |
The presence of multiple manufacturers in the USA is set to drive the market in the assessment period. As per FMI, the North American carbide tools market is projected to hold more than 14.7% of the share in 2023.
In February 2022, for instance, Peak Toolworks acquired Tooling Concepts Inc., an Elkhart-based tooling solutions company. This acquisition would help the former in improving its presence in the Midwest.
The company will also add an Elkhart plant to gain new growth opportunities and to serve its customers who are engaged in machining and cutting metal, composites, plastics, and wood. As more and more key players are participating in acquisitions, the sales of carbide tools are expected to surge.
| Historical CAGR (2017 to 2022) | 7.4% |
|---|---|
| Forecast CAGR (2023 to 2033) | 6.9% |
| Attributes | Details |
|---|---|
| Market Size (2033) | US$ 642.1 Million |
| Market Absolute Dollar Growth (US$ Million/Billion) | US$ 385.7 Million |
India is a significant market for carbide tools in terms of CAGR. The market is estimated to expand at a CAGR of 9.6% over the forecast period, driven by the cross-sectoral demand for sophisticated cutting tools. By the end of 2033, the market is projected to arrive at a value of US$ 642.1 Million. The country is intensely seeking ways to strengthen its position in the global manufacturing hub. In addition to this, the country’s ambitious plans pertaining to infrastructure are also expected to augment market demand for carbide tools in the forecast period.
India is a land of opportunities, and key players are ready to capitalize on this growing economy. Positive growth prospects for market players due to the highly diverse end markets for boring and drilling tools are stimulating the overall market growth. Increasing demand from varied sectors like energy and transportation is predicted to boost sales of advanced carbide tools. Additionally, the use of carbide tools reduces the overall cost of manufacturing, thereby propelling its demand from end users.
The expansion of the e-commerce sales channel in India is expected to bode well for the carbide tools industry. In July 2020, ToolKart unveiled its latest online e-commerce marketplace for industrial buyers to select and purchase cutting tools online in a hassle-free manner. The marketplace allows users to source all their tooling requirements, including special and standard cutting tools, from the new website.
| Historical CAGR (2017 to 2022) | 7.3% |
|---|---|
| Forecast CAGR (2023 to 2033) | 9.6% |
| Attributes | Details |
|---|---|
| Market Size (2033) | US$ 875 Million |
| Market Absolute Dollar Growth (US$ Million/Billion) | US$ 308.7 Million |
The Japan carbide tools market is estimated to attain US$ 875 Million by 2033, expanding at a CAGR of 4.4% in the meantime. The major trend in the market includes the move towards enhancements in both toughness and hardness. Simultaneously, a significant transition from softer to harder materials has also been observed. This has been done to meet the demands for cutting harder workpieces, higher reliability of tools, and longer life.
The key players in the market have currently raised the prices of carbide and high-speed steel (HSS) tools up to 25%. The reason behind the price hike includes soaring prices of cobalt and tungsten, rising steel prices, energy prices, and logistics costs. Post the unsuccessful attempt to cover price hikes like business efficiency and cost reductions. The manufacturers have presently increased the prices. This trend is projected to influence market growth.
| Historical CAGR (2017 to 2022) | 3.9% |
|---|---|
| Forecast CAGR (2023 to 2033) | 4.4% |
| Attributes | Details |
|---|---|
| Market Size (2033) | US$ 557.6 Million |
| Market Absolute Dollar Growth (US$ Million/Billion) | US$ 280.2 Million |
The ongoing development of several new products in the United Kingdom by leading companies is anticipated to spur the market. Horn Cutting Tools Ltd. (UK.), for instance, introduced IG6 and SG3, their two unique high-performance coatings for carbide inserts, in December 2021. These are best suited for turning applications and can extend the service life of inserts by a factor of 10 or more, unlike uncoated inserts.
The increasing number of new product launches in the United Kingdom is set to drive the demand for carbide tools in the forthcoming years.
| Historical CAGR (2017 to 2022) | 7.8% |
|---|---|
| Forecast CAGR (2023 to 2033) | 7.2% |
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| Taxonomy | Configuration |
|---|---|
| Top Segment | Machine Based |
| Forecast CAGR | 7.1% |
| Taxonomy | Tool Type |
|---|---|
| Top Segment | Drills |
| Forecast CAGR | 8.1% |
Machine-based Coated Carbide Grinding Bits to Exhibit Growth
In terms of fabrication, the coated segment is projected to dominate the carbide tools market in the future. The usage of coated carbide grinding bits helps in improving the cutting efficiency and cutting output of various tools.
By configuration, the machine-based segment is likely to generate a lucrative share of the global carbide tools market. Growth is attributable to the growing usage of tools in high-speed cutting machines, especially CNC machines.
| Historical CAGR for Machine Based Configuration | 6.6% |
|---|---|
| Forecast CAGR for Machine-Based Configuration | 7.1% |
Based on tool type, the mill's segment is gaining significance. These mills are used in high-speed applications to cut very hard materials, such as non-ferrous metals, plastics, alloys, and cast iron, owing to their heat-resistant property. Mills are also capable of cutting materials rotationally in a lateral and horizontal direction. The growing usage of mills for cutting jewelry designs, wood engravings, and machine parts is set to bolster sales in the segment.
Carbide Turning Tools Are Extensively Used in the Transportation Sector
By end-use, the transportation segment is expected to remain at the forefront in the global carbide tools market. The increasing usage of carbide turning tools in operations such as hole-making, face milling, and crankshaft metal machining required in the manufacturing of automotive parts is set to drive the segment.
The usage of tungsten carbide in crankshafts, brakes, and ball joints provides excellent weather resistance properties to performance vehicles. The growing production and sales of hybrid electric vehicles in developed countries is a key factors boosting sales in the segment.
Leading players operating in the carbide tools market are striving to gain a competitive edge by participating in multiple organic and inorganic strategies. They are conducting exhaustive research and development activities to introduce cutting-edge carbide parting tools for various applications. They are also engaging in partnerships, joint ventures, mergers, and acquisitions to broaden their presence in the market. For instance:
In February 2022, Horn USA, Inc., a leading supplier of grooving tools based in the USA, launched new tools to produce narrower grooves. This would allow the company to expand its circular interpolation system for slot milling. The exchangeable inserts are available in various coatings to suit the material that is being machined. The solid carbide tool shank is capable of damping vibration throughout the milling process owing to its mass.
In January 2022, Guhring, Inc., a prominent manufacturer of round shank cutting tools headquartered in Brookfield, announced that it will be launching its novel product range at the Birmingham NEC in March. It will also debut its sharpest solid carbide milling tool, named RF100 Sharp Series. It is considered to be ideal for applications such as trochoid cutting, finishing, helical milling, roughing, ramping, and slotting.
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2017 to 2022 |
| Market Analysis | US$ Million/Billion for Value |
| Key Regions Covered | North America; Latin America; Europe; South Asia; East Asia; and the Middle East & Africa. |
| Key Countries Covered | The USA, Canada, Brazil, Mexico, Germany, the UK, France, Italy, Spain, Nordic, Russia, Poland, China, India, Thailand, Indonesia, Australia and New Zealand, Japan, GCC countries, North Africa, South Africa, and others. |
| Key Market Segments Covered | Tool Type, Configuration, Fabrication, End Use, and Region |
| Key Companies Profiled | KYOCERA Corporation; Sandvik AB; YG-1 Co., Ltd.; Makita Corporation; CERATIZIT S.A.; Mitsubishi Materials Corporation; Guhring Limited; Allied Machine & Engineering Corp.; IMC Group; OSG Corporation; Kennametal Inc.; Elementos de Mecanismos; S.A. de C.V. - Elmec; Fullerton Tool Company; Sumitomo Electric Hartmetall GmbH; Xinrui Industry Co., Ltd.; Sorma S.p.A.; Fratelli Vergnano Srl; TDC Cutting Tools Inc.; TSUNE SEIKI CO., LTD.; Cutoutil Hardware Tools Co., Ltd. |
| Pricing | Available upon Request |
The global market is estimated to accrue around US$ 7.6 billion in revenue in 2023.
The United States led with over 30% share of the global market in 2022.
The regional market in China is poised to exhibit a growth opportunity of US$ 2 billion by 2033.
The overall market value is estimated to reach US$ 15 billion by 2033.
Massive developments in construction and infrastructure activity are driving the market.
1. Executive Summary | Carbide Tools Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyers
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Analysis 2017 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2017 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Analysis 2017 to 2022 and Forecast 2023 to 2033, By Tool Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Tool Type, 2017 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Tool Type, 2023 to 2033
5.3.1. Burrs
5.3.1.1. Internal Grinding Based
5.3.1.2. Pointed End Based
5.3.1.3. Radius End Based
5.3.2. Countersinks
5.3.2.1. 3 Flute Based
5.3.2.2. 6 Flute Based
5.3.2.3. Multiflute Based
5.3.2.4. Piston Drill Based
5.3.2.5. Single Flute Based
5.3.3. Cutters
5.3.3.1. Ball End Cutters
5.3.3.2. Corner Rounding Cutter
5.3.3.3. Deburring Cutter
5.3.3.4. Routing Cutters
5.3.3.5. Sinking Cutters
5.3.4. Drills
5.3.4.1. Centre Drills
5.3.4.2. Dream Drills
5.3.4.3. Slot Drills
5.3.4.4. Spade Drills
5.3.4.5. Spot Drills
5.3.5. Engraving Blanks
5.3.6. Mills
5.3.6.1. Chamfer Mill
5.3.6.2. Conical Tapered End Mill
5.3.6.3. Threaded Mills
5.3.7. Non-tipped Reamers
5.3.7.1. Chucking Reamers
5.3.7.2. Helical
5.3.7.3. Luer
5.3.7.4. Straight Flute
5.3.8. Routers
5.3.8.1. Helix Router
5.3.8.2. PCB Routers
5.3.8.3. Spiral Router
5.3.8.4. Straight Router
5.3.9. Tipped Bores
5.3.10. Tipped Centres
5.3.11. Tipped Reamers
5.4. Y-o-Y Growth Trend Analysis By Tool Type, 2017 to 2022
5.5. Absolute $ Opportunity Analysis By Tool Type, 2023 to 2033
6. Global Analysis 2017 to 2022 and Forecast 2023 to 2033, By Configuration
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Configuration, 2017 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Configuration, 2023 to 2033
6.3.1. Hand Based
6.3.2. Machine Based
6.4. Y-o-Y Growth Trend Analysis By Configuration, 2017 to 2022
6.5. Absolute $ Opportunity Analysis By Configuration, 2023 to 2033
7. Global Analysis 2017 to 2022 and Forecast 2023 to 2033, By Fabrication
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Fabrication, 2017 to 2022
7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Fabrication, 2023 to 2033
7.3.1. Coated
7.3.2. Non-Coated
7.4. Y-o-Y Growth Trend Analysis By Fabrication, 2017 to 2022
7.5. Absolute $ Opportunity Analysis By Fabrication, 2023 to 2033
8. Global Analysis 2017 to 2022 and Forecast 2023 to 2033, By End Use
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End Use, 2017 to 2022
8.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End Use, 2023 to 2033
8.3.1. Construction
8.3.2. Furniture & Carpentry
8.3.3. Heavy Machinery
8.3.4. Metal Fabrication
8.3.5. Oil & Gas
8.3.6. Other Manufacturing
8.3.7. Transportation
8.3.7.1. Aerospace
8.3.7.2. Automotive
8.3.7.3. Marine
8.3.7.4. Railways
8.4. Y-o-Y Growth Trend Analysis By End Use, 2017 to 2022
8.5. Absolute $ Opportunity Analysis By End Use, 2023 to 2033
9. Global Analysis 2017 to 2022 and Forecast 2023 to 2033, By Region
9.1. Introduction
9.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2017 to 2022
9.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
9.3.1. North America
9.3.2. Latin America
9.3.3. Europe
9.3.4. East Asia
9.3.5. South Asia & Pacific
9.3.6. Middle East and Africa
9.4. Market Attractiveness Analysis By Region
10. North America Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2022
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. United States of America
10.2.1.2. Canada
10.2.2. By Tool Type
10.2.3. By Configuration
10.2.4. By Fabrication
10.2.5. By End Use
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Tool Type
10.3.3. By Configuration
10.3.4. By Fabrication
10.3.5. By End Use
10.4. Key Takeaways
11. Latin America Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2022
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Brazil
11.2.1.2. Mexico
11.2.1.3. Argentina
11.2.1.4. Rest of Latin America
11.2.2. By Tool Type
11.2.3. By Configuration
11.2.4. By Fabrication
11.2.5. By End Use
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Tool Type
11.3.3. By Configuration
11.3.4. By Fabrication
11.3.5. By End Use
11.4. Key Takeaways
12. Europe Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2022
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. Germany
12.2.1.2. Italy
12.2.1.3. France
12.2.1.4. United Kingdom
12.2.1.5. Spain
12.2.1.6. Benelux
12.2.1.7. Nordic
12.2.1.8. Rest of Europe
12.2.2. By Tool Type
12.2.3. By Configuration
12.2.4. By Fabrication
12.2.5. By End Use
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Tool Type
12.3.3. By Configuration
12.3.4. By Fabrication
12.3.5. By End Use
12.4. Key Takeaways
13. East Asia Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2022
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. China
13.2.1.2. Japan
13.2.1.3. South Korea
13.2.2. By Tool Type
13.2.3. By Configuration
13.2.4. By Fabrication
13.2.5. By End Use
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Tool Type
13.3.3. By Configuration
13.3.4. By Fabrication
13.3.5. By End Use
13.4. Key Takeaways
14. South Asia & Pacific Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2022
14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. India
14.2.1.2. Thailand
14.2.1.3. Indonesia
14.2.1.4. Malaysia
14.2.1.5. Australia
14.2.1.6. New Zealand
14.2.1.7. Rest of South Asia & Pacific
14.2.2. By Tool Type
14.2.3. By Configuration
14.2.4. By Fabrication
14.2.5. By End Use
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Tool Type
14.3.3. By Configuration
14.3.4. By Fabrication
14.3.5. By End Use
14.4. Key Takeaways
15. Middle East and Africa Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country
15.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2022
15.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. Northern Africa
15.2.1.3. South Africa
15.2.1.4. Rest of Middle East and Africa
15.2.2. By Tool Type
15.2.3. By Configuration
15.2.4. By Fabrication
15.2.5. By End Use
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Tool Type
15.3.3. By Configuration
15.3.4. By Fabrication
15.3.5. By End Use
15.4. Key Takeaways
16. Key Countries Analysis
16.1. United States of America
16.1.1. Pricing Analysis
16.1.2. Market Share Analysis, 2022
16.1.2.1. By Tool Type
16.1.2.2. By Configuration
16.1.2.3. By Fabrication
16.1.2.4. By End Use
16.2. Canada
16.2.1. Pricing Analysis
16.2.2. Market Share Analysis, 2022
16.2.2.1. By Tool Type
16.2.2.2. By Configuration
16.2.2.3. By Fabrication
16.2.2.4. By End Use
16.3. Brazil
16.3.1. Pricing Analysis
16.3.2. Market Share Analysis, 2022
16.3.2.1. By Tool Type
16.3.2.2. By Configuration
16.3.2.3. By Fabrication
16.3.2.4. By End Use
16.4. Mexico
16.4.1. Pricing Analysis
16.4.2. Market Share Analysis, 2022
16.4.2.1. By Tool Type
16.4.2.2. By Configuration
16.4.2.3. By Fabrication
16.4.2.4. By End Use
16.5. Argentina
16.5.1. Pricing Analysis
16.5.2. Market Share Analysis, 2022
16.5.2.1. By Tool Type
16.5.2.2. By Configuration
16.5.2.3. By Fabrication
16.5.2.4. By End Use
16.6. Germany
16.6.1. Pricing Analysis
16.6.2. Market Share Analysis, 2022
16.6.2.1. By Tool Type
16.6.2.2. By Configuration
16.6.2.3. By Fabrication
16.6.2.4. By End Use
16.7. Italy
16.7.1. Pricing Analysis
16.7.2. Market Share Analysis, 2022
16.7.2.1. By Tool Type
16.7.2.2. By Configuration
16.7.2.3. By Fabrication
16.7.2.4. By End Use
16.8. France
16.8.1. Pricing Analysis
16.8.2. Market Share Analysis, 2022
16.8.2.1. By Tool Type
16.8.2.2. By Configuration
16.8.2.3. By Fabrication
16.8.2.4. By End Use
16.9. United Kingdom
16.9.1. Pricing Analysis
16.9.2. Market Share Analysis, 2022
16.9.2.1. By Tool Type
16.9.2.2. By Configuration
16.9.2.3. By Fabrication
16.9.2.4. By End Use
16.10. Spain
16.10.1. Pricing Analysis
16.10.2. Market Share Analysis, 2022
16.10.2.1. By Tool Type
16.10.2.2. By Configuration
16.10.2.3. By Fabrication
16.10.2.4. By End Use
16.11. Benelux
16.11.1. Pricing Analysis
16.11.2. Market Share Analysis, 2022
16.11.2.1. By Tool Type
16.11.2.2. By Configuration
16.11.2.3. By Fabrication
16.11.2.4. By End Use
16.12. Nordic
16.12.1. Pricing Analysis
16.12.2. Market Share Analysis, 2022
16.12.2.1. By Tool Type
16.12.2.2. By Configuration
16.12.2.3. By Fabrication
16.12.2.4. By End Use
16.13. China
16.13.1. Pricing Analysis
16.13.2. Market Share Analysis, 2022
16.13.2.1. By Tool Type
16.13.2.2. By Configuration
16.13.2.3. By Fabrication
16.13.2.4. By End Use
16.14. Japan
16.14.1. Pricing Analysis
16.14.2. Market Share Analysis, 2022
16.14.2.1. By Tool Type
16.14.2.2. By Configuration
16.14.2.3. By Fabrication
16.14.2.4. By End Use
16.15. South Korea
16.15.1. Pricing Analysis
16.15.2. Market Share Analysis, 2022
16.15.2.1. By Tool Type
16.15.2.2. By Configuration
16.15.2.3. By Fabrication
16.15.2.4. By End Use
16.16. India
16.16.1. Pricing Analysis
16.16.2. Market Share Analysis, 2022
16.16.2.1. By Tool Type
16.16.2.2. By Configuration
16.16.2.3. By Fabrication
16.16.2.4. By End Use
16.17. Thailand
16.17.1. Pricing Analysis
16.17.2. Market Share Analysis, 2022
16.17.2.1. By Tool Type
16.17.2.2. By Configuration
16.17.2.3. By Fabrication
16.17.2.4. By End Use
16.18. Indonesia
16.18.1. Pricing Analysis
16.18.2. Market Share Analysis, 2022
16.18.2.1. By Tool Type
16.18.2.2. By Configuration
16.18.2.3. By Fabrication
16.18.2.4. By End Use
16.19. Malaysia
16.19.1. Pricing Analysis
16.19.2. Market Share Analysis, 2022
16.19.2.1. By Tool Type
16.19.2.2. By Configuration
16.19.2.3. By Fabrication
16.19.2.4. By End Use
16.20. Australia
16.20.1. Pricing Analysis
16.20.2. Market Share Analysis, 2022
16.20.2.1. By Tool Type
16.20.2.2. By Configuration
16.20.2.3. By Fabrication
16.20.2.4. By End Use
16.21. New Zealand
16.21.1. Pricing Analysis
16.21.2. Market Share Analysis, 2022
16.21.2.1. By Tool Type
16.21.2.2. By Configuration
16.21.2.3. By Fabrication
16.21.2.4. By End Use
16.22. GCC Countries
16.22.1. Pricing Analysis
16.22.2. Market Share Analysis, 2022
16.22.2.1. By Tool Type
16.22.2.2. By Configuration
16.22.2.3. By Fabrication
16.22.2.4. By End Use
16.23. Northern Africa
16.23.1. Pricing Analysis
16.23.2. Market Share Analysis, 2022
16.23.2.1. By Tool Type
16.23.2.2. By Configuration
16.23.2.3. By Fabrication
16.23.2.4. By End Use
16.24. South Africa
16.24.1. Pricing Analysis
16.24.2. Market Share Analysis, 2022
16.24.2.1. By Tool Type
16.24.2.2. By Configuration
16.24.2.3. By Fabrication
16.24.2.4. By End Use
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Regional
17.3.2. By Tool Type
17.3.3. By Configuration
17.3.4. By Fabrication
17.3.5. By End Use
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. KYOCERA Corporation
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.1.5.2. Product Strategy
18.1.1.5.3. Channel Strategy
18.1.2. Sandvik AB
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.2.5.2. Product Strategy
18.1.2.5.3. Channel Strategy
18.1.3. YG-1 Co., Ltd.
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.3.5.2. Product Strategy
18.1.3.5.3. Channel Strategy
18.1.4. Makita Corporation
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.4.5.2. Product Strategy
18.1.4.5.3. Channel Strategy
18.1.5. CERATIZIT S.A.
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.5.5.2. Product Strategy
18.1.5.5.3. Channel Strategy
18.1.6. Mitsubishi Materials Corporation
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.6.5.2. Product Strategy
18.1.6.5.3. Channel Strategy
18.1.7. Guhring Limited
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.7.5.2. Product Strategy
18.1.7.5.3. Channel Strategy
18.1.8. Allied Machine & Engineering Corp.
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.8.5.2. Product Strategy
18.1.8.5.3. Channel Strategy
18.1.9. IMC Group
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.9.5.2. Product Strategy
18.1.9.5.3. Channel Strategy
18.1.10. OSG Corporation
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
18.1.10.5.2. Product Strategy
18.1.10.5.3. Channel Strategy
18.1.11. Kennametal Inc.
18.1.11.1. Overview
18.1.11.2. Product Portfolio
18.1.11.3. Profitability by Market Segments
18.1.11.4. Sales Footprint
18.1.11.5. Strategy Overview
18.1.11.5.1. Marketing Strategy
18.1.11.5.2. Product Strategy
18.1.11.5.3. Channel Strategy
18.1.12. Elementos de Mecanismos, S.A. de C.V.
18.1.12.1. Overview
18.1.12.2. Product Portfolio
18.1.12.3. Profitability by Market Segments
18.1.12.4. Sales Footprint
18.1.12.5. Strategy Overview
18.1.12.5.1. Marketing Strategy
18.1.12.5.2. Product Strategy
18.1.12.5.3. Channel Strategy
18.1.13. Fullerton Tool Company
18.1.13.1. Overview
18.1.13.2. Product Portfolio
18.1.13.3. Profitability by Market Segments
18.1.13.4. Sales Footprint
18.1.13.5. Strategy Overview
18.1.13.5.1. Marketing Strategy
18.1.13.5.2. Product Strategy
18.1.13.5.3. Channel Strategy
18.1.14. Sumitomo Electric Hartmetall GmbH
18.1.14.1. Overview
18.1.14.2. Product Portfolio
18.1.14.3. Profitability by Market Segments
18.1.14.4. Sales Footprint
18.1.14.5. Strategy Overview
18.1.14.5.1. Marketing Strategy
18.1.14.5.2. Product Strategy
18.1.14.5.3. Channel Strategy
18.1.15. Xinrui Industry Co., Ltd.
18.1.15.1. Overview
18.1.15.2. Product Portfolio
18.1.15.3. Profitability by Market Segments
18.1.15.4. Sales Footprint
18.1.15.5. Strategy Overview
18.1.15.5.1. Marketing Strategy
18.1.15.5.2. Product Strategy
18.1.15.5.3. Channel Strategy
18.1.16. Sorma S.p.A.
18.1.16.1. Overview
18.1.16.2. Product Portfolio
18.1.16.3. Profitability by Market Segments
18.1.16.4. Sales Footprint
18.1.16.5. Strategy Overview
18.1.16.5.1. Marketing Strategy
18.1.16.5.2. Product Strategy
18.1.16.5.3. Channel Strategy
18.1.17. Fratelli Vergnano Srl
18.1.17.1. Overview
18.1.17.2. Product Portfolio
18.1.17.3. Profitability by Market Segments
18.1.17.4. Sales Footprint
18.1.17.5. Strategy Overview
18.1.17.5.1. Marketing Strategy
18.1.17.5.2. Product Strategy
18.1.17.5.3. Channel Strategy
18.1.18. TDC Cutting Tools Inc.
18.1.18.1. Overview
18.1.18.2. Product Portfolio
18.1.18.3. Profitability by Market Segments
18.1.18.4. Sales Footprint
18.1.18.5. Strategy Overview
18.1.18.5.1. Marketing Strategy
18.1.18.5.2. Product Strategy
18.1.18.5.3. Channel Strategy
18.1.19. TSUNE SEIKI CO., LTD.
18.1.19.1. Overview
18.1.19.2. Product Portfolio
18.1.19.3. Profitability by Market Segments
18.1.19.4. Sales Footprint
18.1.19.5. Strategy Overview
18.1.19.5.1. Marketing Strategy
18.1.19.5.2. Product Strategy
18.1.19.5.3. Channel Strategy
18.1.20. Cutoutil Hardware Tools Co., Ltd.
18.1.20.1. Overview
18.1.20.2. Product Portfolio
18.1.20.3. Profitability by Market Segments
18.1.20.4. Sales Footprint
18.1.20.5. Strategy Overview
18.1.20.5.1. Marketing Strategy
18.1.20.5.2. Product Strategy
18.1.20.5.3. Channel Strategy
19. Assumptions & Acronyms Used
20. Research Methodology
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Carbide Tools Market
