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Cutting Tool Insert-Global Market Insights and Sales Trends 2025

Cutting Tool Insert-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1810262

No of Pages : 114

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Synopsis
Turning insert is a kind of insert used for turning processing. It is widely used in the fields of machinery manufacturing and maintenance. Turning inserts have the characteristics of high precision, high efficiency and economy, and are widely used in the processing processes of various lathes and milling machines.
Turning inserts are usually made of carbide, high-speed steel, carbon tool steel and other materials, and their shapes and sizes vary according to different processing needs. Common turning inserts are cylindrical, conical, arc-shaped, etc. Different insert shapes are suitable for different workpiece materials and processing requirements.
The global Cutting Tool Insert market size is expected to reach US$ 14390 million by 2029, growing at a CAGR of 3.1% from 2023 to 2029. The market is mainly driven by the significant applications of Cutting Tool Insert in various end use industries. The expanding demands from the Aerospace, Automotive, Energy & Power and Others, are propelling Cutting Tool Insert market. Cemented Carbide Cutting Tool Insert, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Cermet Cutting Tool Insert segment is estimated at % CAGR for the next seven-year period.
Turning inserts are tools with cutting functions used for turning. After the turning insert is fixed on the cutter body by welding or clamping, the turning tool can perform internal and external cylindrical surfaces, end faces, conical surfaces, and forming surfaces on metal workpieces such as non-ferrous metals, stainless steel, and hardened steel, depending on the blade material. and thread processing.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Cutting Tool Insert, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Cutting Tool Insert market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Cutting Tool Insert market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Cutting Tool Insert sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Cutting Tool Insert covered in this report include Sandvik Coromant, IMC, Kennametal, MITSUBISHI MATERIALS Corporation, KYOCERA, SUMITOMO, Seco Tools, Walter and Dormer Pramet, etc.
The global Cutting Tool Insert market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Sandvik Coromant
IMC
Kennametal
MITSUBISHI MATERIALS Corporation
KYOCERA
SUMITOMO
Seco Tools
Walter
Dormer Pramet
KORLOY
Haas
Fervi
OKE
Zhuzhou Huarui Precision Cutting Tools Co.,ltd.
Xiamen Tungsten Co., Ltd.
Funik
Worldia
WEIHAI WEIYING TOOL CO., LTD.
Global Cutting Tool Insert market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Cutting Tool Insert market, Segment by Type:
Cemented Carbide Cutting Tool Insert
Cermet Cutting Tool Insert
PCD Cutting Tool Insert
PCBN Cutting Tool Insert
Other Cutting Tool Insert
Global Cutting Tool Insert market, by Application
Aerospace
Automotive
Energy & Power
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Cutting Tool Insert manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Cutting Tool Insert in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Cutting Tool Insert Market Overview
1.1 Cutting Tool Insert Product Overview
1.2 Cutting Tool Insert Market Segment by Type
1.2.1 Cemented Carbide Cutting Tool Insert
1.2.2 Cermet Cutting Tool Insert
1.2.3 PCD Cutting Tool Insert
1.2.4 PCBN Cutting Tool Insert
1.2.5 Other Cutting Tool Insert
1.3 Global Cutting Tool Insert Market Size by Type
1.3.1 Global Cutting Tool Insert Market Size Overview by Type (2018-2029)
1.3.2 Global Cutting Tool Insert Historic Market Size Review by Type (2018-2023)
1.3.3 Global Cutting Tool Insert Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Cutting Tool Insert Sales Breakdown by Type (2018-2023)
1.4.2 Europe Cutting Tool Insert Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Cutting Tool Insert Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Cutting Tool Insert Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Cutting Tool Insert Sales Breakdown by Type (2018-2023)
2 Global Cutting Tool Insert Market Competition by Company
2.1 Global Top Players by Cutting Tool Insert Sales (2018-2023)
2.2 Global Top Players by Cutting Tool Insert Revenue (2018-2023)
2.3 Global Top Players by Cutting Tool Insert Price (2018-2023)
2.4 Global Top Manufacturers Cutting Tool Insert Manufacturing Base Distribution, Sales Area, Product Type
2.5 Cutting Tool Insert Market Competitive Situation and Trends
2.5.1 Cutting Tool Insert Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Cutting Tool Insert Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Cutting Tool Insert as of 2022)
2.7 Date of Key Manufacturers Enter into Cutting Tool Insert Market
2.8 Key Manufacturers Cutting Tool Insert Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Cutting Tool Insert Status and Outlook by Region
3.1 Global Cutting Tool Insert Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Cutting Tool Insert Historic Market Size by Region
3.2.1 Global Cutting Tool Insert Sales in Volume by Region (2018-2023)
3.2.2 Global Cutting Tool Insert Sales in Value by Region (2018-2023)
3.2.3 Global Cutting Tool Insert Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Cutting Tool Insert Forecasted Market Size by Region
3.3.1 Global Cutting Tool Insert Sales in Volume by Region (2024-2029)
3.3.2 Global Cutting Tool Insert Sales in Value by Region (2024-2029)
3.3.3 Global Cutting Tool Insert Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Cutting Tool Insert by Application
4.1 Cutting Tool Insert Market Segment by Application
4.1.1 Aerospace
4.1.2 Automotive
4.1.3 Energy & Power
4.1.4 Others
4.2 Global Cutting Tool Insert Market Size by Application
4.2.1 Global Cutting Tool Insert Market Size Overview by Application (2018-2029)
4.2.2 Global Cutting Tool Insert Historic Market Size Review by Application (2018-2023)
4.2.3 Global Cutting Tool Insert Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Cutting Tool Insert Sales Breakdown by Application (2018-2023)
4.3.2 Europe Cutting Tool Insert Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Cutting Tool Insert Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Cutting Tool Insert Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Cutting Tool Insert Sales Breakdown by Application (2018-2023)
5 North America Cutting Tool Insert by Country
5.1 North America Cutting Tool Insert Historic Market Size by Country
5.1.1 North America Cutting Tool Insert Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Cutting Tool Insert Sales in Volume by Country (2018-2023)
5.1.3 North America Cutting Tool Insert Sales in Value by Country (2018-2023)
5.2 North America Cutting Tool Insert Forecasted Market Size by Country
5.2.1 North America Cutting Tool Insert Sales in Volume by Country (2024-2029)
5.2.2 North America Cutting Tool Insert Sales in Value by Country (2024-2029)
6 Europe Cutting Tool Insert by Country
6.1 Europe Cutting Tool Insert Historic Market Size by Country
6.1.1 Europe Cutting Tool Insert Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Cutting Tool Insert Sales in Volume by Country (2018-2023)
6.1.3 Europe Cutting Tool Insert Sales in Value by Country (2018-2023)
6.2 Europe Cutting Tool Insert Forecasted Market Size by Country
6.2.1 Europe Cutting Tool Insert Sales in Volume by Country (2024-2029)
6.2.2 Europe Cutting Tool Insert Sales in Value by Country (2024-2029)
7 Asia-Pacific Cutting Tool Insert by Region
7.1 Asia-Pacific Cutting Tool Insert Historic Market Size by Region
7.1.1 Asia-Pacific Cutting Tool Insert Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Cutting Tool Insert Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Cutting Tool Insert Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Cutting Tool Insert Forecasted Market Size by Region
7.2.1 Asia-Pacific Cutting Tool Insert Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Cutting Tool Insert Sales in Value by Region (2024-2029)
8 Latin America Cutting Tool Insert by Country
8.1 Latin America Cutting Tool Insert Historic Market Size by Country
8.1.1 Latin America Cutting Tool Insert Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Cutting Tool Insert Sales in Volume by Country (2018-2023)
8.1.3 Latin America Cutting Tool Insert Sales in Value by Country (2018-2023)
8.2 Latin America Cutting Tool Insert Forecasted Market Size by Country
8.2.1 Latin America Cutting Tool Insert Sales in Volume by Country (2024-2029)
8.2.2 Latin America Cutting Tool Insert Sales in Value by Country (2024-2029)
9 Middle East and Africa Cutting Tool Insert by Country
9.1 Middle East and Africa Cutting Tool Insert Historic Market Size by Country
9.1.1 Middle East and Africa Cutting Tool Insert Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Cutting Tool Insert Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Cutting Tool Insert Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Cutting Tool Insert Forecasted Market Size by Country
9.2.1 Middle East and Africa Cutting Tool Insert Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Cutting Tool Insert Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Sandvik Coromant
10.1.1 Sandvik Coromant Company Information
10.1.2 Sandvik Coromant Introduction and Business Overview
10.1.3 Sandvik Coromant Cutting Tool Insert Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Sandvik Coromant Cutting Tool Insert Products Offered
10.1.5 Sandvik Coromant Recent Development
10.2 IMC
10.2.1 IMC Company Information
10.2.2 IMC Introduction and Business Overview
10.2.3 IMC Cutting Tool Insert Sales, Revenue and Gross Margin (2018-2023)
10.2.4 IMC Cutting Tool Insert Products Offered
10.2.5 IMC Recent Development
10.3 Kennametal
10.3.1 Kennametal Company Information
10.3.2 Kennametal Introduction and Business Overview
10.3.3 Kennametal Cutting Tool Insert Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Kennametal Cutting Tool Insert Products Offered
10.3.5 Kennametal Recent Development
10.4 MITSUBISHI MATERIALS Corporation
10.4.1 MITSUBISHI MATERIALS Corporation Company Information
10.4.2 MITSUBISHI MATERIALS Corporation Introduction and Business Overview
10.4.3 MITSUBISHI MATERIALS Corporation Cutting Tool Insert Sales, Revenue and Gross Margin (2018-2023)
10.4.4 MITSUBISHI MATERIALS Corporation Cutting Tool Insert Products Offered
10.4.5 MITSUBISHI MATERIALS Corporation Recent Development
10.5 KYOCERA
10.5.1 KYOCERA Company Information
10.5.2 KYOCERA Introduction and Business Overview
10.5.3 KYOCERA Cutting Tool Insert Sales, Revenue and Gross Margin (2018-2023)
10.5.4 KYOCERA Cutting Tool Insert Products Offered
10.5.5 KYOCERA Recent Development
10.6 SUMITOMO
10.6.1 SUMITOMO Company Information
10.6.2 SUMITOMO Introduction and Business Overview
10.6.3 SUMITOMO Cutting Tool Insert Sales, Revenue and Gross Margin (2018-2023)
10.6.4 SUMITOMO Cutting Tool Insert Products Offered
10.6.5 SUMITOMO Recent Development
10.7 Seco Tools
10.7.1 Seco Tools Company Information
10.7.2 Seco Tools Introduction and Business Overview
10.7.3 Seco Tools Cutting Tool Insert Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Seco Tools Cutting Tool Insert Products Offered
10.7.5 Seco Tools Recent Development
10.8 Walter
10.8.1 Walter Company Information
10.8.2 Walter Introduction and Business Overview
10.8.3 Walter Cutting Tool Insert Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Walter Cutting Tool Insert Products Offered
10.8.5 Walter Recent Development
10.9 Dormer Pramet
10.9.1 Dormer Pramet Company Information
10.9.2 Dormer Pramet Introduction and Business Overview
10.9.3 Dormer Pramet Cutting Tool Insert Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Dormer Pramet Cutting Tool Insert Products Offered
10.9.5 Dormer Pramet Recent Development
10.10 KORLOY
10.10.1 KORLOY Company Information
10.10.2 KORLOY Introduction and Business Overview
10.10.3 KORLOY Cutting Tool Insert Sales, Revenue and Gross Margin (2018-2023)
10.10.4 KORLOY Cutting Tool Insert Products Offered
10.10.5 KORLOY Recent Development
10.11 Haas
10.11.1 Haas Company Information
10.11.2 Haas Introduction and Business Overview
10.11.3 Haas Cutting Tool Insert Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Haas Cutting Tool Insert Products Offered
10.11.5 Haas Recent Development
10.12 Fervi
10.12.1 Fervi Company Information
10.12.2 Fervi Introduction and Business Overview
10.12.3 Fervi Cutting Tool Insert Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Fervi Cutting Tool Insert Products Offered
10.12.5 Fervi Recent Development
10.13 OKE
10.13.1 OKE Company Information
10.13.2 OKE Introduction and Business Overview
10.13.3 OKE Cutting Tool Insert Sales, Revenue and Gross Margin (2018-2023)
10.13.4 OKE Cutting Tool Insert Products Offered
10.13.5 OKE Recent Development
10.14 Zhuzhou Huarui Precision Cutting Tools Co.,ltd.
10.14.1 Zhuzhou Huarui Precision Cutting Tools Co.,ltd. Company Information
10.14.2 Zhuzhou Huarui Precision Cutting Tools Co.,ltd. Introduction and Business Overview
10.14.3 Zhuzhou Huarui Precision Cutting Tools Co.,ltd. Cutting Tool Insert Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Zhuzhou Huarui Precision Cutting Tools Co.,ltd. Cutting Tool Insert Products Offered
10.14.5 Zhuzhou Huarui Precision Cutting Tools Co.,ltd. Recent Development
10.15 Xiamen Tungsten Co., Ltd.
10.15.1 Xiamen Tungsten Co., Ltd. Company Information
10.15.2 Xiamen Tungsten Co., Ltd. Introduction and Business Overview
10.15.3 Xiamen Tungsten Co., Ltd. Cutting Tool Insert Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Xiamen Tungsten Co., Ltd. Cutting Tool Insert Products Offered
10.15.5 Xiamen Tungsten Co., Ltd. Recent Development
10.16 Funik
10.16.1 Funik Company Information
10.16.2 Funik Introduction and Business Overview
10.16.3 Funik Cutting Tool Insert Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Funik Cutting Tool Insert Products Offered
10.16.5 Funik Recent Development
10.17 Worldia
10.17.1 Worldia Company Information
10.17.2 Worldia Introduction and Business Overview
10.17.3 Worldia Cutting Tool Insert Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Worldia Cutting Tool Insert Products Offered
10.17.5 Worldia Recent Development
10.18 WEIHAI WEIYING TOOL CO., LTD.
10.18.1 WEIHAI WEIYING TOOL CO., LTD. Company Information
10.18.2 WEIHAI WEIYING TOOL CO., LTD. Introduction and Business Overview
10.18.3 WEIHAI WEIYING TOOL CO., LTD. Cutting Tool Insert Sales, Revenue and Gross Margin (2018-2023)
10.18.4 WEIHAI WEIYING TOOL CO., LTD. Cutting Tool Insert Products Offered
10.18.5 WEIHAI WEIYING TOOL CO., LTD. Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Cutting Tool Insert Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Cutting Tool Insert Industrial Chain Analysis
11.4 Cutting Tool Insert Market Dynamics
11.4.1 Cutting Tool Insert Industry Trends
11.4.2 Cutting Tool Insert Market Drivers
11.4.3 Cutting Tool Insert Market Challenges
11.4.4 Cutting Tool Insert Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Cutting Tool Insert Distributors
12.3 Cutting Tool Insert Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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