Carbide Tools Market 2018 – Global Industry Size, Industry Share, Market Trends, Growth and Forecast to 2026

Carbide Tools Market 2018 – Global Industry Size, Industry Share, Market Trends, Growth and Forecast to 2026

According to a new market research report published by Credence Research “Carbide Tools Market (by Carbide Type: Calcium Carbide, Silicon Carbide, Tungsten Carbide, Aluminum Carbide, Iron Carbide, and Titanium Carbide; by Carbide Grade: Cast-iron Grade Carbide and Steel Grade Carbide; by Application: Turning, Milling, Drilling and Other (Engraving, Threading, Grooving, etc.)- Growth, Future Prospects, and Competitive Landscape, 2018-2026”, the carbide tools market registered market value of US$ 5,723.49 Mn estimated to grow with a CAGR of 6.75% during the forecast period from 2018 to 2026.

The complete report is available at https://www.credenceresearch.com/report/carbide-tools-market

Market Insights

Cutting tools have always played a vital role in industrial manufacturing and processing sector as selection of proper cutting tool regulates the quality of final output. The global production of machine tools market reached a market value of approximately US$ 81 Bn in 2017 and expected to grow even further in coming years. With consistently growing demand for enhanced cutting tools, tool manufacturers have engaged themselves in reinventing new breed of tools to meet the high expectation of modern machining industry.

Carbide emerged as a powerful tool in machining industry from past few decades. Carbide tool has excellent strength and toughness which allows the tool to machine metals with precision with longer service life. Consequently, carbide tools are extensively preferred over its alternatives such as high-speed steel (HSS) and thus encouraging the market growth in coming years.

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Based on binder material, carbide tools are classified into six different types including Calcium Carbide, Silicon Carbide, Tungsten Carbide, Aluminum Carbide, Iron Carbide, and Titanium Carbide. All the aforementioned carbide tools are extensively used for different application according to the material to be machines. Besides, carbide tools are further classified according to the grades into cast-iron grade carbide and steel grade carbide.

As the name suggests cast-iron grade carbides are used to machines cast iron material and steel grade for machining different compositions of steel. Carbide tools are used across several machining application including turning and other lathe operations, milling, drilling & boring and several other machining methods. Versatility, cost-effectiveness, and reliability are the prime features allowed the carbide tools to become irreplaceable and hence the market for carbide tool expected to register serious growth in years to come.

Competitive Insights:

The research analysis covers exhaustive analysis of leading shipping containers vendors including Mitsubishi Materials Corporation, SGS Tool Company Pvt. Ltd., Advent Tool & Manufacturing, Inc., Best Carbide Cutting Tools, Inc., Ingersoll Cutting Tool Company, Garr Tool Company, Vora Industries, Rock River Tool, Inc., Carbide Tools Manufacturing, Inc., PROMAX Tools, Global Excel Tools Manufacturing Sdn and vhf camfacture AG.

Carbide tool manufacturers are well versed with the changing machining industry and hence dedicated themselves to develop new class of carbide tools. Manufacturing of high standard carbide inserts especially for CNC machine tool for precession machining is the key for manufacturers in order to develop their brand value.

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The aforementioned companies have to face fierce competition amongst each other and other local players to stay forth in market. With exponential growth in manufacturing industry, carbide tool market holds tremendous potential for the leading as well as local manufacturers to claim their share of market.

TOC :

  1. Global Carbide Tools Market Value, by Carbide Type, 2016 – 2026 (US$ Mn)
    4.1. Overview
    4.1.1. Global Carbide Tools Market Value Share, by Carbide Type, 2017 & 2026 (Value %)
    4.1.2. Global Carbide Tools Market Value, by Carbide Type, 2016 – 2026 (US$ Mn)
    4.2. Calcium Carbide
    4.2.1. Global Calcium Carbide Tools Market, 2016 – 2026 (US$ Mn)
    4.3. Silicon Carbide
    4.3.1. Global Silicon Carbide Tools Market, 2016 – 2026 (US$ Mn)
    4.4. Tungsten Carbide
    4.4.1. Global Tungsten Carbide Tools Market, 2016 – 2026 (US$ Mn)
    4.5. Aluminum Carbide
    4.5.1. Global Aluminum Carbide Tools Market, 2016 – 2026 (US$ Mn)
    4.6. Iron Carbide
    4.6.1. Global Iron Carbide Tools Market, 2016 – 2026 (US$ Mn)
    4.7. Titanium Carbide
    4.7.1. Global Titanium Carbide Tools Market, 2016 – 2026 (US$ Mn)
  2. Global Carbide Tools Market Value, by Carbide Grade, 2016 – 2026 (US$ Mn)
    5.1. Overview
    5.1.1. Global Carbide Tools Market Value Share, by Carbide Grade, 2017 & 2026 (Value %)
    5.1.2. Global Carbide Tools Market Value, by Carbide Grade, 2016 – 2026 (US$ Mn)
    5.2. Cast-iron Grade Carbide
    5.2.1. Global Cast-iron Grade Carbide Tools Market, 2016 – 2026 (US$ Mn)
    5.3. Steel Grade Carbide
    5.3.1. Global Steel Grade Carbide Tools Market, 2016 – 2026 (US$ Mn)
  3. Global Carbide Tools Market Value, by Application, 2016 – 2026 (US$ Mn)
    6.1. Overview
    6.1.1. Global Carbide Tools Market Value Share, by Application, 2017 & 2026 (Value %)
    6.1.2. Global Carbide Tools Market Value, by Application, 2016 – 2026 (US$ Mn)
    6.2. Turning
    6.2.1. Global Carbide Tools Market for Turning Application, 2016 – 2026 (US$ Mn)
    6.3. Milling
    6.3.1. Global Carbide Tools Market for Milling Application, 2016 – 2026 (US$ Mn)
    6.4. Drilling
    6.4.1. Global Carbide Tools Market for Drilling Application, 2016 – 2026 (US$ Mn)
    6.5. Other
    6.5.1. Global Carbide Tools Market for Other Application, 2016 – 2026 (US$ Mn)
  4. North America Carbide Tools Market Analysis, 2016 – 2026 (US$ Mn)
    7.1. Overview
    7.1.1. North America Carbide Tools Market Value, 2016 – 2026, (US$ Mn)
    7.2. North America Carbide Tools Market, by Carbide Type, 2016 – 2026 (US$ Mn)
    7.2.1. Comparative Analysis
    7.3. North America Carbide Tools Market, by Carbide Grade, 2016 – 2026 (US$ Mn)
    7.3.1. Comparative Analysis
    7.4. North America Carbide Tools Market, by Application, 2016 – 2026 (US$ Mn)
    7.4.1. Comparative Analysis
    7.5. North America Carbide Tools Market Value, by Country, 2016 – 2026 (US$ Mn)
    7.5.1. U.S.
    7.5.1.1. U.S. Carbide Tools Market, by Carbide Type, 2016 – 2026 (US$ Mn)
    7.5.1.2. U.S. Carbide Tools Market, by Carbide Grade, 2016 – 2026 (US$ Mn)
    7.5.1.3. U.S. Carbide Tools Market, by Application, 2016 – 2026 (US$ Mn)
    7.5.2. Canada
    7.5.2.1. Canada Carbide Tools Market, by Carbide Type, 2016 – 2026 (US$ Mn)
    7.5.2.2. Canada Carbide Tools Market, by Carbide Grade, 2016 – 2026 (US$ Mn)
    7.5.2.3. Canada Carbide Tools Market, by Application, 2016 – 2026 (US$ Mn)
  5. Europe Carbide Tools Market Analysis, 2016 – 2026 (US$ Mn)
    8.1. Overview
    8.1.1. Europe Carbide Tools Market Value, 2016 – 2026, (US$ Mn)
    8.2. Europe Carbide Tools Market, by Carbide Type, 2016 – 2026 (US$ Mn)
    8.2.1. Comparative Analysis
    8.3. Europe Carbide Tools Market, by Carbide Grade, 2016 – 2026 (US$ Mn)
    8.3.1. Comparative Analysis
    8.4. Europe Carbide Tools Market, by Application, 2016 – 2026 (US$ Mn)
    8.4.1. Comparative Analysis
    8.5. Europe Carbide Tools Market Value, by Country, 2016 – 2026 (US$ Mn)
    8.5.1. U.K.
    8.5.1.1. U.K. Carbide Tools Market, by Carbide Type, 2016 – 2026 (US$ Mn)
    8.5.1.2. U.K. Carbide Tools Market, by Carbide Grade, 2016 – 2026 (US$ Mn)
    8.5.1.3. U.K. Carbide Tools Market, by Application, 2016 – 2026 (US$ Mn)
    8.5.2. Germany
    8.5.2.1. Germany Carbide Tools Market, by Carbide Type, 2016 – 2026 (US$ Mn)
    8.5.2.2. Germany Carbide Tools Market, by Carbide Grade, 2016 – 2026 (US$ Mn)
    8.5.2.3. Germany Carbide Tools Market, by Application, 2016 – 2026 (US$ Mn)
    8.5.3. France
    8.5.3.1. France Carbide Tools Market, by Carbide Type, 2016 – 2026 (US$ Mn)
    8.5.3.2. France Carbide Tools Market, by Carbide Grade, 2016 – 2026 (US$ Mn)
    8.5.3.3. France Carbide Tools Market, by Application, 2016 – 2026 (US$ Mn)
    8.5.4. Rest of Europe
    8.5.4.1. Rest of Europe Carbide Tools Market, by Carbide Type, 2016 – 2026 (US$ Mn)
    8.5.4.2. Rest of Europe Carbide Tools Market, by Carbide Grade, 2016 – 2026 (US$ Mn)
    8.5.4.3. Rest of Europe Carbide Tools Market, by Application, 2016 – 2026 (US$ Mn)
  6. Asia Pacific Carbide Tools Market Analysis, 2016 – 2026 (US$ Mn)
    9.1. Overview
    9.1.1. Asia Pacific Carbide Tools Market Value, 2016 – 2026, (US$ Mn)
    9.2. Asia Pacific Carbide Tools Market, by Carbide Type, 2016 – 2026 (US$ Mn)
    9.2.1. Comparative Analysis
    9.3. Asia Pacific Carbide Tools Market, by Carbide Grade, 2016 – 2026 (US$ Mn)
    9.3.1. Comparative Analysis
    9.4. Asia Pacific Carbide Tools Market, by Application, 2016 – 2026 (US$ Mn)
    9.4.1. Comparative Analysis
    9.5. Asia Pacific Carbide Tools Market Value, by Country, 2016 – 2026 (US$ Mn)
    9.5.1. China
    9.5.1.1. China Carbide Tools Market, by Carbide Type, 2016 – 2026 (US$ Mn)
    9.5.1.2. China Carbide Tools Market, by Carbide Grade, 2016 – 2026 (US$ Mn)
    9.5.1.3. China Carbide Tools Market, by Application, 2016 – 2026 (US$ Mn)
    9.5.2. Japan
    9.5.2.1. Japan Carbide Tools Market, by Carbide Type, 2016 – 2026 (US$ Mn)
    9.5.2.2. Japan Carbide Tools Market, by Carbide Grade, 2016 – 2026 (US$ Mn)
    9.5.2.3. Japan Carbide Tools Market, by Application, 2016 – 2026 (US$ Mn)
    9.5.3. India
    9.5.3.1. India Carbide Tools Market, by Carbide Type, 2016 – 2026 (US$ Mn)
    9.5.3.2. India Carbide Tools Market, by Carbide Grade, 2016 – 2026 (US$ Mn)
    9.5.3.3. India Carbide Tools Market, by Application, 2016 – 2026 (US$ Mn)
    9.5.4. Rest of Asia Pacific
    9.5.4.1. Rest of Asia Pacific Carbide Tools Market, by Carbide Type, 2016 – 2026 (US$ Mn)
    9.5.4.2. Rest of Asia Pacific Carbide Tools Market, by Carbide Grade, 2016 – 2026 (US$ Mn)
    9.5.4.3. Rest of Asia Pacific Carbide Tools Market, by Application, 2016 – 2026 (US$ Mn)

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