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Cutting Tools Global Market 2018 Top Key Players – Elaphe , Brab Global , Ntn , Haiyinciman and Forecast to 2023

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. Milling and drilling tools are often multipoint tools. Grinding 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.

Scope of the Report:

This report focuses on the Cutting Tools in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

In the Metal Cutting Tools market, Sandvik, Kennametal, Iscar, OSG respectively account for 3.88%, 1.62%, 1.24%, 1.06% market share in 2017, and the sum of the market share percentage held by the largest number of firms in this industry is less than 50%, which indicate that the Metal Cutting Tools industry is perfectly competitive and is considered low concentration. The reason is the manufacturing technology of Metal Cutting Tools is relatively more mature than some high-tech equipment.

In the coming years there is an increasing demand for Metal Cutting Tools in the regions of USA and Europe that is expected to drive the market for more advanced Metal Cutting Tools. Increasing of automotive fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Metal Cutting Tools will drive growth in China markets.

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The Revenue of Metal Cutting Tools is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Metal Cutting Tools industry may not keep that fast. But it is surely forecasted that the market of Metal Cutting Tools is still promising.

The impact on the cost and availability of raw materials and certain components is uncertain due to potential supply changes. The costs of raw materials have a significant impact on the level of expenses. If the prices of raw materials and related factors such as energy prices increase, and if new companies cannot pass those price increases on to customers, their results of operations and financial condition would suffer.

With emerging economies growing faster, a strategy has been adopted by most leading vendors in the Metal Cutting Tools market to approach these areas. QYR analysis of the Metal Cutting Tools market indicated that Asia would account for the highest consumption in 2022 with close to 25.97 percent of global revenue coming from this region, and it’s keeping grow as the increasing of the market. Vendors recognize the importance of this region, particularly in China, and are working towards penetrating this market by strengthening their sales and distribution networks.

Although the market competition of Metal Cutting Tools is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of Metal Cutting Tools and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.

The worldwide market for Cutting Tools is expected to grow at a CAGR of roughly 2.4% over the next five years, will reach 39200 million US$ in 2023, from 34000 million US$ in 2017, according to a new GIR (Global Info Research) study.

Market Segment by Manufacturers, this report covers
Sandvik
Kennametal
Iscar
OSG
Mitsubishi
Kyocera
Sumitomo
Mapal
Nachi-Fujikoshi
LMT
ZCCCT
YG-1
Shanghai Tool
Korloy
Union Tool
Tiangong
Guhring
Harbin No.1 Tool
Tivoly
Ceratizit
Hitachi
Feidadrills
Chengdu Chengliang
BIG Kaiser
Addison
Hanjiang
EST Tools
Xiamen Golden Erge
AHNO
Sandhog

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Cemented Carbide
High Speed Steel
Ceramics
Diamond
Others

Market Segment by Applications, can be divided into
Milling
Turning
Drilling
Grinding
Others

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Table of Contents -Major Key Points

1 Market Overview
1.1 Cutting Tools Introduction
1.2 Market Analysis by Type
1.2.1 Cemented Carbide
1.2.2 High Speed Steel
1.2.3 Ceramics
1.2.4 Diamond
1.2.5 Others
1.3 Market Analysis by Applications
1.3.1 Milling
1.3.2 Turning
1.3.3 Drilling
1.3.4 Grinding
1.3.5 Others
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook (2013-2023)
1.4.1.2 Canada Market States and Outlook (2013-2023)
1.4.1.3 Mexico Market States and Outlook (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook (2013-2023)
1.4.2.2 France Market States and Outlook (2013-2023)
1.4.2.3 UK Market States and Outlook (2013-2023)
1.4.2.4 Russia Market States and Outlook (2013-2023)
1.4.2.5 Italy Market States and Outlook (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook (2013-2023)
1.4.3.2 Japan Market States and Outlook (2013-2023)
1.4.3.3 Korea Market States and Outlook (2013-2023)
1.4.3.4 India Market States and Outlook (2013-2023)
1.4.3.5 Southeast Asia Market States and Outlook (2013-2023)
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market States and Outlook (2013-2023)
1.4.4.2 Egypt Market States and Outlook (2013-2023)
1.4.4.3 Saudi Arabia Market States and Outlook (2013-2023)
1.4.4.4 South Africa Market States and Outlook (2013-2023)
1.4.4.5 Nigeria Market States and Outlook (2013-2023)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force

2 Manufacturers Profiles
2.1 Sandvik
2.1.1 Business Overview
2.1.1.1 Sandvik Description
2.1.1.2 Sandvik Headquarter, Main Business and Finance Overview
2.1.2 Sandvik Cutting Tools Product Introduction
2.1.2.1 Cutting Tools Production Bases, Sales Regions and Major Competitors
2.1.2.2 Cutting Tools Product Information
2.1.3 Sandvik Cutting Tools Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.1.3.1 Sandvik Cutting Tools Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.1.3.2 Global Sandvik Cutting Tools Market Share in 2017
2.2 Kennametal
2.2.1 Business Overview
2.2.1.1 Kennametal Description
2.2.1.2 Kennametal Headquarter, Main Business and Finance Overview
2.2.2 Kennametal Cutting Tools Product Introduction
2.2.2.1 Cutting Tools Production Bases, Sales Regions and Major Competitors
2.2.2.2 Cutting Tools Product Information
2.2.3 Kennametal Cutting Tools Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.2.3.1 Kennametal Cutting Tools Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.2.3.2 Global Kennametal Cutting Tools Market Share in 2017
2.3 Iscar
2.3.1 Business Overview
2.3.1.1 Iscar Description
2.3.1.2 Iscar Headquarter, Main Business and Finance Overview
2.3.2 Iscar Cutting Tools Product Introduction
2.3.2.1 Cutting Tools Production Bases, Sales Regions and Major Competitors
2.3.2.2 Cutting Tools Product Information
2.3.3 Iscar Cutting Tools Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.3.3.1 Iscar Cutting Tools Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.3.3.2 Global Iscar Cutting Tools Market Share in 2017
2.4 OSG
2.4.1 Business Overview
2.4.1.1 OSG Description
2.4.1.2 OSG Headquarter, Main Business and Finance Overview
2.4.2 OSG Cutting Tools Product Introduction
2.4.2.1 Cutting Tools Production Bases, Sales Regions and Major Competitors
2.4.2.2 Cutting Tools Product Information
2.4.3 OSG Cutting Tools Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.4.3.1 OSG Cutting Tools Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.4.3.2 Global OSG Cutting Tools Market Share in 2017
2.5 Mitsubishi
2.5.1 Business Overview
2.5.1.1 Mitsubishi Description
2.5.1.2 Mitsubishi Headquarter, Main Business and Finance Overview
2.5.2 Mitsubishi Cutting Tools Product Introduction
2.5.2.1 Cutting Tools Production Bases, Sales Regions and Major Competitors
2.5.2.2 Cutting Tools Product Information
2.5.3 Mitsubishi Cutting Tools Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.5.3.1 Mitsubishi Cutting Tools Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.5.3.2 Global Mitsubishi Cutting Tools Market Share in 2017
2.6 Kyocera
2.6.1 Business Overview
2.6.1.1 Kyocera Description
2.6.1.2 Kyocera Headquarter, Main Business and Finance Overview
2.6.2 Kyocera Cutting Tools Product Introduction
2.6.2.1 Cutting Tools Production Bases, Sales Regions and Major Competitors
2.6.2.2 Cutting Tools Product Information
2.6.3 Kyocera Cutting Tools Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.6.3.1 Kyocera Cutting Tools Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.6.3.2 Global Kyocera Cutting Tools Market Share in 2017

……..CONTINUED

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