Global Cutting Tools Supply, Demand and Key Producers, 2024-2030

Description

The global Cutting Tools market size is expected to reach $ 36260 million by 2030, rising at a market growth of 5.6% CAGR during the forecast period (2024-2030).

Global cutting tools key players include Sandvik, IMC Group, Mitsubishi, Kennametal, OSG etc. Global top 5 manufacturers hold a share over 40%.

Europe is the largest market, with a share about 30%, followed by North America and China, both have a share over 48% percent.

In terms of product, high speed steel is the largest segment, with a share over 45%. And in terms of application, the largest application is machinery, followed by automotive.

In the context of machining, a cutting tool or cutter is any tool that is used to remove material from the workpiece by means of shear deformation. Cutting may be accomplished by single-point or multipoint tools. Single-point tools are used in turning, shaping, planing and similar operations, and remove material by means of one cutting edge. Machinery Industry and drilling tools are often multipoint tools. Energy Industry tools are also multipoint tools. Each grain of abrasive functions as a microscopic single-point cutting edge (although of high negative rake angle), and shears a tiny chip.

This report studies the global Cutting Tools production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Cutting Tools, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Cutting Tools that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Cutting Tools total production and demand, 2019-2030, (M Units)
Global Cutting Tools total production value, 2019-2030, (USD Million)
Global Cutting Tools production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (M Units)
Global Cutting Tools consumption by region & country, CAGR, 2019-2030 & (M Units)
U.S. VS China: Cutting Tools domestic production, consumption, key domestic manufacturers and share
Global Cutting Tools production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (M Units)
Global Cutting Tools production by Type, production, value, CAGR, 2019-2030, (USD Million) & (M Units)
Global Cutting Tools production by Application production, value, CAGR, 2019-2030, (USD Million) & (M Units).

This reports profiles key players in the global Cutting Tools market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Sandvik, IMC Group, Mitsubishi, Kennametal, OSG, Sumitomo Electric, Mapal, Kyocera and YG-1, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Cutting Tools market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (M Units) and average price (USD/K Units) by manufacturer, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global Cutting Tools Market, By Region:
    United States
    China
    Europe
    Japan
    South Korea
    ASEAN
    India
    Rest of World

Global Cutting Tools Market, Segmentation by Type
    Cemented Carbide
    High Speed Steel
    Ceramics
    Diamond
    Others

Global Cutting Tools Market, Segmentation by Application
    Machinery
    Automotive
    Aerospace
    Energy
    Others

Companies Profiled:
    Sandvik
    IMC Group
    Mitsubishi
    Kennametal
    OSG
    Sumitomo Electric
    Mapal
    Kyocera
    YG-1
    Nachi-Fujikoshi
    ZCC·CT
    Union Tool
    Korloy
    LMT
    Ceratizit
    Jiangsu Tiangong Tools Co., Ltd.
    Shanghai Tool Works Co., Ltd.
    OKE Precision Cutting Tools Co., Ltd.
    Guhring
    Tivoly

Key Questions Answered
1. How big is the global Cutting Tools market?
2. What is the demand of the global Cutting Tools market?
3. What is the year over year growth of the global Cutting Tools market?
4. What is the production and production value of the global Cutting Tools market?
5. Who are the key producers in the global Cutting Tools market?

Table of Contents

1 Supply Summary
    1.1 Cutting Tools Introduction
    1.2 World Cutting Tools Supply & Forecast
        1.2.1 World Cutting Tools Production Value (2019 & 2023 & 2030)
        1.2.2 World Cutting Tools Production (2019-2030)
        1.2.3 World Cutting Tools Pricing Trends (2019-2030)
    1.3 World Cutting Tools Production by Region (Based on Production Site)
        1.3.1 World Cutting Tools Production Value by Region (2019-2030)
        1.3.2 World Cutting Tools Production by Region (2019-2030)
        1.3.3 World Cutting Tools Average Price by Region (2019-2030)
        1.3.4 North America Cutting Tools Production (2019-2030)
        1.3.5 Europe Cutting Tools Production (2019-2030)
        1.3.6 China Cutting Tools Production (2019-2030)
        1.3.7 Japan Cutting Tools Production (2019-2030)
        1.3.8 South Korea Cutting Tools Production (2019-2030)
        1.3.9 Israel Cutting Tools Production (2019-2030)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Cutting Tools Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Cutting Tools Major Market Trends

2 Demand Summary
    2.1 World Cutting Tools Demand (2019-2030)
    2.2 World Cutting Tools Consumption by Region
        2.2.1 World Cutting Tools Consumption by Region (2019-2024)
        2.2.2 World Cutting Tools Consumption Forecast by Region (2025-2030)
    2.3 United States Cutting Tools Consumption (2019-2030)
    2.4 China Cutting Tools Consumption (2019-2030)
    2.5 Europe Cutting Tools Consumption (2019-2030)
    2.6 Japan Cutting Tools Consumption (2019-2030)
    2.7 South Korea Cutting Tools Consumption (2019-2030)
    2.8 ASEAN Cutting Tools Consumption (2019-2030)
    2.9 India Cutting Tools Consumption (2019-2030)

3 World Cutting Tools Manufacturers Competitive Analysis
    3.1 World Cutting Tools Production Value by Manufacturer (2019-2024)
    3.2 World Cutting Tools Production by Manufacturer (2019-2024)
    3.3 World Cutting Tools Average Price by Manufacturer (2019-2024)
    3.4 Cutting Tools Company Evaluation Quadrant
    3.5 Industry Rank and Concentration Rate (CR)
        3.5.1 Global Cutting Tools Industry Rank of Major Manufacturers
        3.5.2 Global Concentration Ratios (CR4) for Cutting Tools in 2023
        3.5.3 Global Concentration Ratios (CR8) for Cutting Tools in 2023
    3.6 Cutting Tools Market: Overall Company Footprint Analysis
        3.6.1 Cutting Tools Market: Region Footprint
        3.6.2 Cutting Tools Market: Company Product Type Footprint
        3.6.3 Cutting Tools Market: Company Product Application Footprint
    3.7 Competitive Environment
        3.7.1 Historical Structure of the Industry
        3.7.2 Barriers of Market Entry
        3.7.3 Factors of Competition
    3.8 New Entrant and Capacity Expansion Plans
    3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
    4.1 United States VS China: Cutting Tools Production Value Comparison
        4.1.1 United States VS China: Cutting Tools Production Value Comparison (2019 & 2023 & 2030)
        4.1.2 United States VS China: Cutting Tools Production Value Market Share Comparison (2019 & 2023 & 2030)
    4.2 United States VS China: Cutting Tools Production Comparison
        4.2.1 United States VS China: Cutting Tools Production Comparison (2019 & 2023 & 2030)
        4.2.2 United States VS China: Cutting Tools Production Market Share Comparison (2019 & 2023 & 2030)
    4.3 United States VS China: Cutting Tools Consumption Comparison
        4.3.1 United States VS China: Cutting Tools Consumption Comparison (2019 & 2023 & 2030)
        4.3.2 United States VS China: Cutting Tools Consumption Market Share Comparison (2019 & 2023 & 2030)
    4.4 United States Based Cutting Tools Manufacturers and Market Share, 2019-2024
        4.4.1 United States Based Cutting Tools Manufacturers, Headquarters and Production Site (States, Country)
        4.4.2 United States Based Manufacturers Cutting Tools Production Value (2019-2024)
        4.4.3 United States Based Manufacturers Cutting Tools Production (2019-2024)
    4.5 China Based Cutting Tools Manufacturers and Market Share
        4.5.1 China Based Cutting Tools Manufacturers, Headquarters and Production Site (Province, Country)
        4.5.2 China Based Manufacturers Cutting Tools Production Value (2019-2024)
        4.5.3 China Based Manufacturers Cutting Tools Production (2019-2024)
    4.6 Rest of World Based Cutting Tools Manufacturers and Market Share, 2019-2024
        4.6.1 Rest of World Based Cutting Tools Manufacturers, Headquarters and Production Site (State, Country)
        4.6.2 Rest of World Based Manufacturers Cutting Tools Production Value (2019-2024)
        4.6.3 Rest of World Based Manufacturers Cutting Tools Production (2019-2024)

5 Market Analysis by Type
    5.1 World Cutting Tools Market Size Overview by Type: 2019 VS 2023 VS 2030
    5.2 Segment Introduction by Type
        5.2.1 Cemented Carbide
        5.2.2 High Speed Steel
        5.2.3 Ceramics
        5.2.4 Diamond
        5.2.5 Others
    5.3 Market Segment by Type
        5.3.1 World Cutting Tools Production by Type (2019-2030)
        5.3.2 World Cutting Tools Production Value by Type (2019-2030)
        5.3.3 World Cutting Tools Average Price by Type (2019-2030)

6 Market Analysis by Application
    6.1 World Cutting Tools Market Size Overview by Application: 2019 VS 2023 VS 2030
    6.2 Segment Introduction by Application
        6.2.1 Machinery
        6.2.2 Automotive
        6.2.3 Aerospace
        6.2.4 Energy
        6.2.5 Others
    6.3 Market Segment by Application
        6.3.1 World Cutting Tools Production by Application (2019-2030)
        6.3.2 World Cutting Tools Production Value by Application (2019-2030)
        6.3.3 World Cutting Tools Average Price by Application (2019-2030)

7 Company Profiles
    7.1 Sandvik
        7.1.1 Sandvik Details
        7.1.2 Sandvik Major Business
        7.1.3 Sandvik Cutting Tools Product and Services
        7.1.4 Sandvik Cutting Tools Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.1.5 Sandvik Recent Developments/Updates
        7.1.6 Sandvik Competitive Strengths & Weaknesses
    7.2 IMC Group
        7.2.1 IMC Group Details
        7.2.2 IMC Group Major Business
        7.2.3 IMC Group Cutting Tools Product and Services
        7.2.4 IMC Group Cutting Tools Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.2.5 IMC Group Recent Developments/Updates
        7.2.6 IMC Group Competitive Strengths & Weaknesses
    7.3 Mitsubishi
        7.3.1 Mitsubishi Details
        7.3.2 Mitsubishi Major Business
        7.3.3 Mitsubishi Cutting Tools Product and Services
        7.3.4 Mitsubishi Cutting Tools Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.3.5 Mitsubishi Recent Developments/Updates
        7.3.6 Mitsubishi Competitive Strengths & Weaknesses
    7.4 Kennametal
        7.4.1 Kennametal Details
        7.4.2 Kennametal Major Business
        7.4.3 Kennametal Cutting Tools Product and Services
        7.4.4 Kennametal Cutting Tools Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.4.5 Kennametal Recent Developments/Updates
        7.4.6 Kennametal Competitive Strengths & Weaknesses
    7.5 OSG
        7.5.1 OSG Details
        7.5.2 OSG Major Business
        7.5.3 OSG Cutting Tools Product and Services
        7.5.4 OSG Cutting Tools Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.5.5 OSG Recent Developments/Updates
        7.5.6 OSG Competitive Strengths & Weaknesses
    7.6 Sumitomo Electric
        7.6.1 Sumitomo Electric Details
        7.6.2 Sumitomo Electric Major Business
        7.6.3 Sumitomo Electric Cutting Tools Product and Services
        7.6.4 Sumitomo Electric Cutting Tools Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.6.5 Sumitomo Electric Recent Developments/Updates
        7.6.6 Sumitomo Electric Competitive Strengths & Weaknesses
    7.7 Mapal
        7.7.1 Mapal Details
        7.7.2 Mapal Major Business
        7.7.3 Mapal Cutting Tools Product and Services
        7.7.4 Mapal Cutting Tools Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.7.5 Mapal Recent Developments/Updates
        7.7.6 Mapal Competitive Strengths & Weaknesses
    7.8 Kyocera
        7.8.1 Kyocera Details
        7.8.2 Kyocera Major Business
        7.8.3 Kyocera Cutting Tools Product and Services
        7.8.4 Kyocera Cutting Tools Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.8.5 Kyocera Recent Developments/Updates
        7.8.6 Kyocera Competitive Strengths & Weaknesses
    7.9 YG-1
        7.9.1 YG-1 Details
        7.9.2 YG-1 Major Business
        7.9.3 YG-1 Cutting Tools Product and Services
        7.9.4 YG-1 Cutting Tools Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.9.5 YG-1 Recent Developments/Updates
        7.9.6 YG-1 Competitive Strengths & Weaknesses
    7.10 Nachi-Fujikoshi
        7.10.1 Nachi-Fujikoshi Details
        7.10.2 Nachi-Fujikoshi Major Business
        7.10.3 Nachi-Fujikoshi Cutting Tools Product and Services
        7.10.4 Nachi-Fujikoshi Cutting Tools Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.10.5 Nachi-Fujikoshi Recent Developments/Updates
        7.10.6 Nachi-Fujikoshi Competitive Strengths & Weaknesses
    7.11 ZCC·CT
        7.11.1 ZCC·CT Details
        7.11.2 ZCC·CT Major Business
        7.11.3 ZCC·CT Cutting Tools Product and Services
        7.11.4 ZCC·CT Cutting Tools Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.11.5 ZCC·CT Recent Developments/Updates
        7.11.6 ZCC·CT Competitive Strengths & Weaknesses
    7.12 Union Tool
        7.12.1 Union Tool Details
        7.12.2 Union Tool Major Business
        7.12.3 Union Tool Cutting Tools Product and Services
        7.12.4 Union Tool Cutting Tools Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.12.5 Union Tool Recent Developments/Updates
        7.12.6 Union Tool Competitive Strengths & Weaknesses
    7.13 Korloy
        7.13.1 Korloy Details
        7.13.2 Korloy Major Business
        7.13.3 Korloy Cutting Tools Product and Services
        7.13.4 Korloy Cutting Tools Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.13.5 Korloy Recent Developments/Updates
        7.13.6 Korloy Competitive Strengths & Weaknesses
    7.14 LMT
        7.14.1 LMT Details
        7.14.2 LMT Major Business
        7.14.3 LMT Cutting Tools Product and Services
        7.14.4 LMT Cutting Tools Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.14.5 LMT Recent Developments/Updates
        7.14.6 LMT Competitive Strengths & Weaknesses
    7.15 Ceratizit
        7.15.1 Ceratizit Details
        7.15.2 Ceratizit Major Business
        7.15.3 Ceratizit Cutting Tools Product and Services
        7.15.4 Ceratizit Cutting Tools Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.15.5 Ceratizit Recent Developments/Updates
        7.15.6 Ceratizit Competitive Strengths & Weaknesses
    7.16 Jiangsu Tiangong Tools Co., Ltd.
        7.16.1 Jiangsu Tiangong Tools Co., Ltd. Details
        7.16.2 Jiangsu Tiangong Tools Co., Ltd. Major Business
        7.16.3 Jiangsu Tiangong Tools Co., Ltd. Cutting Tools Product and Services
        7.16.4 Jiangsu Tiangong Tools Co., Ltd. Cutting Tools Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.16.5 Jiangsu Tiangong Tools Co., Ltd. Recent Developments/Updates
        7.16.6 Jiangsu Tiangong Tools Co., Ltd. Competitive Strengths & Weaknesses
    7.17 Shanghai Tool Works Co., Ltd.
        7.17.1 Shanghai Tool Works Co., Ltd. Details
        7.17.2 Shanghai Tool Works Co., Ltd. Major Business
        7.17.3 Shanghai Tool Works Co., Ltd. Cutting Tools Product and Services
        7.17.4 Shanghai Tool Works Co., Ltd. Cutting Tools Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.17.5 Shanghai Tool Works Co., Ltd. Recent Developments/Updates
        7.17.6 Shanghai Tool Works Co., Ltd. Competitive Strengths & Weaknesses
    7.18 OKE Precision Cutting Tools Co., Ltd.
        7.18.1 OKE Precision Cutting Tools Co., Ltd. Details
        7.18.2 OKE Precision Cutting Tools Co., Ltd. Major Business
        7.18.3 OKE Precision Cutting Tools Co., Ltd. Cutting Tools Product and Services
        7.18.4 OKE Precision Cutting Tools Co., Ltd. Cutting Tools Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.18.5 OKE Precision Cutting Tools Co., Ltd. Recent Developments/Updates
        7.18.6 OKE Precision Cutting Tools Co., Ltd. Competitive Strengths & Weaknesses
    7.19 Guhring
        7.19.1 Guhring Details
        7.19.2 Guhring Major Business
        7.19.3 Guhring Cutting Tools Product and Services
        7.19.4 Guhring Cutting Tools Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.19.5 Guhring Recent Developments/Updates
        7.19.6 Guhring Competitive Strengths & Weaknesses
    7.20 Tivoly
        7.20.1 Tivoly Details
        7.20.2 Tivoly Major Business
        7.20.3 Tivoly Cutting Tools Product and Services
        7.20.4 Tivoly Cutting Tools Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.20.5 Tivoly Recent Developments/Updates
        7.20.6 Tivoly Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Cutting Tools Industry Chain
    8.2 Cutting Tools Upstream Analysis
        8.2.1 Cutting Tools Core Raw Materials
        8.2.2 Main Manufacturers of Cutting Tools Core Raw Materials
    8.3 Midstream Analysis
    8.4 Downstream Analysis
    8.5 Cutting Tools Production Mode
    8.6 Cutting Tools Procurement Model
    8.7 Cutting Tools Industry Sales Model and Sales Channels
        8.7.1 Cutting Tools Sales Model
        8.7.2 Cutting Tools Typical Customers

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World Cutting Tools Production Value by Region (2019, 2023 and 2030) & (USD Million)
    Table 2. World Cutting Tools Production Value by Region (2019-2024) & (USD Million)
    Table 3. World Cutting Tools Production Value by Region (2025-2030) & (USD Million)
    Table 4. World Cutting Tools Production Value Market Share by Region (2019-2024)
    Table 5. World Cutting Tools Production Value Market Share by Region (2025-2030)
    Table 6. World Cutting Tools Production by Region (2019-2024) & (M Units)
    Table 7. World Cutting Tools Production by Region (2025-2030) & (M Units)
    Table 8. World Cutting Tools Production Market Share by Region (2019-2024)
    Table 9. World Cutting Tools Production Market Share by Region (2025-2030)
    Table 10. World Cutting Tools Average Price by Region (2019-2024) & (USD/K Units)
    Table 11. World Cutting Tools Average Price by Region (2025-2030) & (USD/K Units)
    Table 12. Cutting Tools Major Market Trends
    Table 13. World Cutting Tools Consumption Growth Rate Forecast by Region (2019 & 2023 & 2030) & (M Units)
    Table 14. World Cutting Tools Consumption by Region (2019-2024) & (M Units)
    Table 15. World Cutting Tools Consumption Forecast by Region (2025-2030) & (M Units)
    Table 16. World Cutting Tools Production Value by Manufacturer (2019-2024) & (USD Million)
    Table 17. Production Value Market Share of Key Cutting Tools Producers in 2023
    Table 18. World Cutting Tools Production by Manufacturer (2019-2024) & (M Units)
    Table 19. Production Market Share of Key Cutting Tools Producers in 2023
    Table 20. World Cutting Tools Average Price by Manufacturer (2019-2024) & (USD/K Units)
    Table 21. Global Cutting Tools Company Evaluation Quadrant
    Table 22. World Cutting Tools Industry Rank of Major Manufacturers, Based on Production Value in 2023
    Table 23. Head Office and Cutting Tools Production Site of Key Manufacturer
    Table 24. Cutting Tools Market: Company Product Type Footprint
    Table 25. Cutting Tools Market: Company Product Application Footprint
    Table 26. Cutting Tools Competitive Factors
    Table 27. Cutting Tools New Entrant and Capacity Expansion Plans
    Table 28. Cutting Tools Mergers & Acquisitions Activity
    Table 29. United States VS China Cutting Tools Production Value Comparison, (2019 & 2023 & 2030) & (USD Million)
    Table 30. United States VS China Cutting Tools Production Comparison, (2019 & 2023 & 2030) & (M Units)
    Table 31. United States VS China Cutting Tools Consumption Comparison, (2019 & 2023 & 2030) & (M Units)
    Table 32. United States Based Cutting Tools Manufacturers, Headquarters and Production Site (States, Country)
    Table 33. United States Based Manufacturers Cutting Tools Production Value, (2019-2024) & (USD Million)
    Table 34. United States Based Manufacturers Cutting Tools Production Value Market Share (2019-2024)
    Table 35. United States Based Manufacturers Cutting Tools Production (2019-2024) & (M Units)
    Table 36. United States Based Manufacturers Cutting Tools Production Market Share (2019-2024)
    Table 37. China Based Cutting Tools Manufacturers, Headquarters and Production Site (Province, Country)
    Table 38. China Based Manufacturers Cutting Tools Production Value, (2019-2024) & (USD Million)
    Table 39. China Based Manufacturers Cutting Tools Production Value Market Share (2019-2024)
    Table 40. China Based Manufacturers Cutting Tools Production (2019-2024) & (M Units)
    Table 41. China Based Manufacturers Cutting Tools Production Market Share (2019-2024)
    Table 42. Rest of World Based Cutting Tools Manufacturers, Headquarters and Production Site (States, Country)
    Table 43. Rest of World Based Manufacturers Cutting Tools Production Value, (2019-2024) & (USD Million)
    Table 44. Rest of World Based Manufacturers Cutting Tools Production Value Market Share (2019-2024)
    Table 45. Rest of World Based Manufacturers Cutting Tools Production (2019-2024) & (M Units)
    Table 46. Rest of World Based Manufacturers Cutting Tools Production Market Share (2019-2024)
    Table 47. World Cutting Tools Production Value by Type, (USD Million), 2019 & 2023 & 2030
    Table 48. World Cutting Tools Production by Type (2019-2024) & (M Units)
    Table 49. World Cutting Tools Production by Type (2025-2030) & (M Units)
    Table 50. World Cutting Tools Production Value by Type (2019-2024) & (USD Million)
    Table 51. World Cutting Tools Production Value by Type (2025-2030) & (USD Million)
    Table 52. World Cutting Tools Average Price by Type (2019-2024) & (USD/K Units)
    Table 53. World Cutting Tools Average Price by Type (2025-2030) & (USD/K Units)
    Table 54. World Cutting Tools Production Value by Application, (USD Million), 2019 & 2023 & 2030
    Table 55. World Cutting Tools Production by Application (2019-2024) & (M Units)
    Table 56. World Cutting Tools Production by Application (2025-2030) & (M Units)
    Table 57. World Cutting Tools Production Value by Application (2019-2024) & (USD Million)
    Table 58. World Cutting Tools Production Value by Application (2025-2030) & (USD Million)
    Table 59. World Cutting Tools Average Price by Application (2019-2024) & (USD/K Units)
    Table 60. World Cutting Tools Average Price by Application (2025-2030) & (USD/K Units)
    Table 61. Sandvik Basic Information, Manufacturing Base and Competitors
    Table 62. Sandvik Major Business
    Table 63. Sandvik Cutting Tools Product and Services
    Table 64. Sandvik Cutting Tools Production (M Units), Price (USD/K Units), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 65. Sandvik Recent Developments/Updates
    Table 66. Sandvik Competitive Strengths & Weaknesses
    Table 67. IMC Group Basic Information, Manufacturing Base and Competitors
    Table 68. IMC Group Major Business
    Table 69. IMC Group Cutting Tools Product and Services
    Table 70. IMC Group Cutting Tools Production (M Units), Price (USD/K Units), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 71. IMC Group Recent Developments/Updates
    Table 72. IMC Group Competitive Strengths & Weaknesses
    Table 73. Mitsubishi Basic Information, Manufacturing Base and Competitors
    Table 74. Mitsubishi Major Business
    Table 75. Mitsubishi Cutting Tools Product and Services
    Table 76. Mitsubishi Cutting Tools Production (M Units), Price (USD/K Units), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 77. Mitsubishi Recent Developments/Updates
    Table 78. Mitsubishi Competitive Strengths & Weaknesses
    Table 79. Kennametal Basic Information, Manufacturing Base and Competitors
    Table 80. Kennametal Major Business
    Table 81. Kennametal Cutting Tools Product and Services
    Table 82. Kennametal Cutting Tools Production (M Units), Price (USD/K Units), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 83. Kennametal Recent Developments/Updates
    Table 84. Kennametal Competitive Strengths & Weaknesses
    Table 85. OSG Basic Information, Manufacturing Base and Competitors
    Table 86. OSG Major Business
    Table 87. OSG Cutting Tools Product and Services
    Table 88. OSG Cutting Tools Production (M Units), Price (USD/K Units), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 89. OSG Recent Developments/Updates
    Table 90. OSG Competitive Strengths & Weaknesses
    Table 91. Sumitomo Electric Basic Information, Manufacturing Base and Competitors
    Table 92. Sumitomo Electric Major Business
    Table 93. Sumitomo Electric Cutting Tools Product and Services
    Table 94. Sumitomo Electric Cutting Tools Production (M Units), Price (USD/K Units), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 95. Sumitomo Electric Recent Developments/Updates
    Table 96. Sumitomo Electric Competitive Strengths & Weaknesses
    Table 97. Mapal Basic Information, Manufacturing Base and Competitors
    Table 98. Mapal Major Business
    Table 99. Mapal Cutting Tools Product and Services
    Table 100. Mapal Cutting Tools Production (M Units), Price (USD/K Units), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 101. Mapal Recent Developments/Updates
    Table 102. Mapal Competitive Strengths & Weaknesses
    Table 103. Kyocera Basic Information, Manufacturing Base and Competitors
    Table 104. Kyocera Major Business
    Table 105. Kyocera Cutting Tools Product and Services
    Table 106. Kyocera Cutting Tools Production (M Units), Price (USD/K Units), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 107. Kyocera Recent Developments/Updates
    Table 108. Kyocera Competitive Strengths & Weaknesses
    Table 109. YG-1 Basic Information, Manufacturing Base and Competitors
    Table 110. YG-1 Major Business
    Table 111. YG-1 Cutting Tools Product and Services
    Table 112. YG-1 Cutting Tools Production (M Units), Price (USD/K Units), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 113. YG-1 Recent Developments/Updates
    Table 114. YG-1 Competitive Strengths & Weaknesses
    Table 115. Nachi-Fujikoshi Basic Information, Manufacturing Base and Competitors
    Table 116. Nachi-Fujikoshi Major Business
    Table 117. Nachi-Fujikoshi Cutting Tools Product and Services
    Table 118. Nachi-Fujikoshi Cutting Tools Production (M Units), Price (USD/K Units), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 119. Nachi-Fujikoshi Recent Developments/Updates
    Table 120. Nachi-Fujikoshi Competitive Strengths & Weaknesses
    Table 121. ZCC·CT Basic Information, Manufacturing Base and Competitors
    Table 122. ZCC·CT Major Business
    Table 123. ZCC·CT Cutting Tools Product and Services
    Table 124. ZCC·CT Cutting Tools Production (M Units), Price (USD/K Units), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 125. ZCC·CT Recent Developments/Updates
    Table 126. ZCC·CT Competitive Strengths & Weaknesses
    Table 127. Union Tool Basic Information, Manufacturing Base and Competitors
    Table 128. Union Tool Major Business
    Table 129. Union Tool Cutting Tools Product and Services
    Table 130. Union Tool Cutting Tools Production (M Units), Price (USD/K Units), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 131. Union Tool Recent Developments/Updates
    Table 132. Union Tool Competitive Strengths & Weaknesses
    Table 133. Korloy Basic Information, Manufacturing Base and Competitors
    Table 134. Korloy Major Business
    Table 135. Korloy Cutting Tools Product and Services
    Table 136. Korloy Cutting Tools Production (M Units), Price (USD/K Units), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 137. Korloy Recent Developments/Updates
    Table 138. Korloy Competitive Strengths & Weaknesses
    Table 139. LMT Basic Information, Manufacturing Base and Competitors
    Table 140. LMT Major Business
    Table 141. LMT Cutting Tools Product and Services
    Table 142. LMT Cutting Tools Production (M Units), Price (USD/K Units), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 143. LMT Recent Developments/Updates
    Table 144. LMT Competitive Strengths & Weaknesses
    Table 145. Ceratizit Basic Information, Manufacturing Base and Competitors
    Table 146. Ceratizit Major Business
    Table 147. Ceratizit Cutting Tools Product and Services
    Table 148. Ceratizit Cutting Tools Production (M Units), Price (USD/K Units), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 149. Ceratizit Recent Developments/Updates
    Table 150. Ceratizit Competitive Strengths & Weaknesses
    Table 151. Jiangsu Tiangong Tools Co., Ltd. Basic Information, Manufacturing Base and Competitors
    Table 152. Jiangsu Tiangong Tools Co., Ltd. Major Business
    Table 153. Jiangsu Tiangong Tools Co., Ltd. Cutting Tools Product and Services
    Table 154. Jiangsu Tiangong Tools Co., Ltd. Cutting Tools Production (M Units), Price (USD/K Units), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 155. Jiangsu Tiangong Tools Co., Ltd. Recent Developments/Updates
    Table 156. Jiangsu Tiangong Tools Co., Ltd. Competitive Strengths & Weaknesses
    Table 157. Shanghai Tool Works Co., Ltd. Basic Information, Manufacturing Base and Competitors
    Table 158. Shanghai Tool Works Co., Ltd. Major Business
    Table 159. Shanghai Tool Works Co., Ltd. Cutting Tools Product and Services
    Table 160. Shanghai Tool Works Co., Ltd. Cutting Tools Production (M Units), Price (USD/K Units), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 161. Shanghai Tool Works Co., Ltd. Recent Developments/Updates
    Table 162. Shanghai Tool Works Co., Ltd. Competitive Strengths & Weaknesses
    Table 163. OKE Precision Cutting Tools Co., Ltd. Basic Information, Manufacturing Base and Competitors
    Table 164. OKE Precision Cutting Tools Co., Ltd. Major Business
    Table 165. OKE Precision Cutting Tools Co., Ltd. Cutting Tools Product and Services
    Table 166. OKE Precision Cutting Tools Co., Ltd. Cutting Tools Production (M Units), Price (USD/K Units), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 167. OKE Precision Cutting Tools Co., Ltd. Recent Developments/Updates
    Table 168. OKE Precision Cutting Tools Co., Ltd. Competitive Strengths & Weaknesses
    Table 169. Guhring Basic Information, Manufacturing Base and Competitors
    Table 170. Guhring Major Business
    Table 171. Guhring Cutting Tools Product and Services
    Table 172. Guhring Cutting Tools Production (M Units), Price (USD/K Units), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 173. Guhring Recent Developments/Updates
    Table 174. Tivoly Basic Information, Manufacturing Base and Competitors
    Table 175. Tivoly Major Business
    Table 176. Tivoly Cutting Tools Product and Services
    Table 177. Tivoly Cutting Tools Production (M Units), Price (USD/K Units), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 178. Global Key Players of Cutting Tools Upstream (Raw Materials)
    Table 179. Cutting Tools Typical Customers
    Table 180. Cutting Tools Typical Distributors
List of Figure
    Figure 1. Cutting Tools Picture
    Figure 2. World Cutting Tools Production Value: 2019 & 2023 & 2030, (USD Million)
    Figure 3. World Cutting Tools Production Value and Forecast (2019-2030) & (USD Million)
    Figure 4. World Cutting Tools Production (2019-2030) & (M Units)
    Figure 5. World Cutting Tools Average Price (2019-2030) & (USD/K Units)
    Figure 6. World Cutting Tools Production Value Market Share by Region (2019-2030)
    Figure 7. World Cutting Tools Production Market Share by Region (2019-2030)
    Figure 8. North America Cutting Tools Production (2019-2030) & (M Units)
    Figure 9. Europe Cutting Tools Production (2019-2030) & (M Units)
    Figure 10. China Cutting Tools Production (2019-2030) & (M Units)
    Figure 11. Japan Cutting Tools Production (2019-2030) & (M Units)
    Figure 12. South Korea Cutting Tools Production (2019-2030) & (M Units)
    Figure 13. Israel Cutting Tools Production (2019-2030) & (M Units)
    Figure 14. Cutting Tools Market Drivers
    Figure 15. Factors Affecting Demand
    Figure 16. World Cutting Tools Consumption (2019-2030) & (M Units)
    Figure 17. World Cutting Tools Consumption Market Share by Region (2019-2030)
    Figure 18. United States Cutting Tools Consumption (2019-2030) & (M Units)
    Figure 19. China Cutting Tools Consumption (2019-2030) & (M Units)
    Figure 20. Europe Cutting Tools Consumption (2019-2030) & (M Units)
    Figure 21. Japan Cutting Tools Consumption (2019-2030) & (M Units)
    Figure 22. South Korea Cutting Tools Consumption (2019-2030) & (M Units)
    Figure 23. ASEAN Cutting Tools Consumption (2019-2030) & (M Units)
    Figure 24. India Cutting Tools Consumption (2019-2030) & (M Units)
    Figure 25. Producer Shipments of Cutting Tools by Manufacturer Revenue ($MM) and Market Share (%): 2023
    Figure 26. Global Four-firm Concentration Ratios (CR4) for Cutting Tools Markets in 2023
    Figure 27. Global Four-firm Concentration Ratios (CR8) for Cutting Tools Markets in 2023
    Figure 28. United States VS China: Cutting Tools Production Value Market Share Comparison (2019 & 2023 & 2030)
    Figure 29. United States VS China: Cutting Tools Production Market Share Comparison (2019 & 2023 & 2030)
    Figure 30. United States VS China: Cutting Tools Consumption Market Share Comparison (2019 & 2023 & 2030)
    Figure 31. United States Based Manufacturers Cutting Tools Production Market Share 2023
    Figure 32. China Based Manufacturers Cutting Tools Production Market Share 2023
    Figure 33. Rest of World Based Manufacturers Cutting Tools Production Market Share 2023
    Figure 34. World Cutting Tools Production Value by Type, (USD Million), 2019 & 2023 & 2030
    Figure 35. World Cutting Tools Production Value Market Share by Type in 2023
    Figure 36. Cemented Carbide
    Figure 37. High Speed Steel
    Figure 38. Ceramics
    Figure 39. Diamond
    Figure 40. Others
    Figure 41. World Cutting Tools Production Market Share by Type (2019-2030)
    Figure 42. World Cutting Tools Production Value Market Share by Type (2019-2030)
    Figure 43. World Cutting Tools Average Price by Type (2019-2030) & (USD/K Units)
    Figure 44. World Cutting Tools Production Value by Application, (USD Million), 2019 & 2023 & 2030
    Figure 45. World Cutting Tools Production Value Market Share by Application in 2023
    Figure 46. Machinery
    Figure 47. Automotive
    Figure 48. Aerospace
    Figure 49. Energy
    Figure 50. Others
    Figure 51. World Cutting Tools Production Market Share by Application (2019-2030)
    Figure 52. World Cutting Tools Production Value Market Share by Application (2019-2030)
    Figure 53. World Cutting Tools Average Price by Application (2019-2030) & (USD/K Units)
    Figure 54. Cutting Tools Industry Chain
    Figure 55. Cutting Tools Procurement Model
    Figure 56. Cutting Tools Sales Model
    Figure 57. Cutting Tools Sales Channels, Direct Sales, and Distribution
    Figure 58. Methodology
    Figure 59. Research Process and Data Source

Companies Mentioned

Sandvik
IMC Group
Mitsubishi
Kennametal
OSG
Sumitomo Electric
Mapal
Kyocera
YG-1
Nachi-Fujikoshi
ZCC·CT
Union Tool
Korloy
LMT
Ceratizit
Jiangsu Tiangong Tools Co., Ltd.
Shanghai Tool Works Co., Ltd.
OKE Precision Cutting Tools Co., Ltd.
Guhring
Tivoly