The Metal Cutting Tools Global Market Report 2023, provides comprehensive information on the metal cutting tools market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Metal Cutting Tools Global Market Report 2023, the global metal cutting tools market size is expected to grow from $61.41 billion in 2022 to $66.11 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The metal cutting tools market size is expected to grow to $86.4 billion in 2027 at a CAGR of 6.9%.
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The metal cutting tools market is segmented:
1) By Product: Machining Centers, Lathe Machines, Boring Machines, Grinding Machines, Milling Machines, Other Products
2) By Material: Cemented Carbide, Ceramics, Polycrystalline Diamond, Cubic Boron Nitride, Exotic Materials, Other Materials
3) By Process: Milling, Turning, Drilling, Rotary, Other Process
4) By End-User: Automotive, Aerospace and Defense, Construction, Electronics, Power Generation, Other End-Users
Top 5 Major Key Players
North America was the largest region in the metal cutting tools market in 2022.
The table of contents in TBRC’s metal cutting tools market report includes:
- Executive Summary
- Metal Cutting Tools Market Characteristics
- Metal Cutting Tools Market Trends And Strategies
- Metal Cutting Tools Market – Macro Economic Scenario
- Metal Cutting Tools Market Size And Growth
…..
- Africa Metal Cutting Tools Market
- Metal Cutting Tools Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Metal Cutting Tools Market
- Metal Cutting Tools Market Future Outlook and Potential Analysis
- Appendix
List Of Tables
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Metal Cutting Tools Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Metal Cutting Tools Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Metal Cutting Tools Market, Segmentation By Process, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
…..
Table 47: BIG KAISER Precision Tooling Inc Financial Performance
Table 48: Kennametal Ltd Financial Performance
Table 49: Nachi-Fujikoshi Corp Financial Performance
Table 50: OSG USA INC Financial Performance
Table 51: Sandvik AB Financial Performance
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