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Cutting Tool Inserts-Global Market Insights and Sales Trends 2025

Cutting Tool Inserts-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1825931

No of Pages : 122

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Synopsis
In the context of machining, Cutting Tool Inserts are 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, plaining and similar operations, and remove material by means of one cutting edge. Milling and drilling tools are often multipoint tools.
The global Cutting Tool Inserts market size is expected to reach US$ 17500 million by 2029, growing at a CAGR of 5.8% from 2023 to 2029. The market is mainly driven by the significant applications of Cutting Tool Inserts in various end use industries. The expanding demands from the Machinery, Automotive, Aerospace and Energy, are propelling Cutting Tool Inserts market. Carbide, 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 Ceramics segment is estimated at % CAGR for the next seven-year period.
Europe is the largest Cutting Tool Inserts market with about 29% market share. China is follower, accounting for about 25% market share.The key manufacturers are Sandvik, Kennametal, Iscar, Mitsubishi, Kyocera, Sumitomo, Mapal, Korloy, YG-1, Hitachi, ZCCCT, Shanghai Tool, Ingersoll Cutting Tools, Ceratizit, Guhring, Xiamen Golden Erge, North American Carbide, Sandhog, Lovejoy Tool, Certrix-EG, Aloris etc. Top 3 companies occupied about 29% market share.
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 Inserts, 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 Inserts 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 Inserts market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Cutting Tool Inserts 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 Inserts covered in this report include Sandvik, Kennametal, IMC Group, Mitsubishi, Kyocera, Sumitomo, Mapal, Korloy and YG-1, etc.
The global Cutting Tool Inserts 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
Kennametal
IMC Group
Mitsubishi
Kyocera
Sumitomo
Mapal
Korloy
YG-1
Hitachi
ZCCCT
Shanghai Tool
Ingersoll Cutting Tools
Ceratizit
Guhring
Xiamen Golden Erge
North American Carbide
Sandhog
Lovejoy Tool
Certrix-EG
Aloris
Zhuzhou Cemented Carbide Group
OKE
Zhuzhou Huarui
Beijing Worldia Diamond Tools
Global Cutting Tool Inserts 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 Inserts market, Segment by Type:
Carbide
Ceramics
CBN
Others
Global Cutting Tool Inserts market, by Application
Machinery
Automotive
Aerospace
Energy
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 Inserts 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 Inserts 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 Inserts Market Overview
1.1 Cutting Tool Inserts Product Overview
1.2 Cutting Tool Inserts Market Segment by Type
1.2.1 Carbide
1.2.2 Ceramics
1.2.3 CBN
1.2.4 Others
1.3 Global Cutting Tool Inserts Market Size by Type
1.3.1 Global Cutting Tool Inserts Market Size Overview by Type (2018-2029)
1.3.2 Global Cutting Tool Inserts Historic Market Size Review by Type (2018-2023)
1.3.3 Global Cutting Tool Inserts Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Cutting Tool Inserts Sales Breakdown by Type (2018-2023)
1.4.2 Europe Cutting Tool Inserts Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Cutting Tool Inserts Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Cutting Tool Inserts Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Cutting Tool Inserts Sales Breakdown by Type (2018-2023)
2 Global Cutting Tool Inserts Market Competition by Company
2.1 Global Top Players by Cutting Tool Inserts Sales (2018-2023)
2.2 Global Top Players by Cutting Tool Inserts Revenue (2018-2023)
2.3 Global Top Players by Cutting Tool Inserts Price (2018-2023)
2.4 Global Top Manufacturers Cutting Tool Inserts Manufacturing Base Distribution, Sales Area, Product Type
2.5 Cutting Tool Inserts Market Competitive Situation and Trends
2.5.1 Cutting Tool Inserts Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Cutting Tool Inserts 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 Inserts as of 2022)
2.7 Date of Key Manufacturers Enter into Cutting Tool Inserts Market
2.8 Key Manufacturers Cutting Tool Inserts Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Cutting Tool Inserts Status and Outlook by Region
3.1 Global Cutting Tool Inserts Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Cutting Tool Inserts Historic Market Size by Region
3.2.1 Global Cutting Tool Inserts Sales in Volume by Region (2018-2023)
3.2.2 Global Cutting Tool Inserts Sales in Value by Region (2018-2023)
3.2.3 Global Cutting Tool Inserts Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Cutting Tool Inserts Forecasted Market Size by Region
3.3.1 Global Cutting Tool Inserts Sales in Volume by Region (2024-2029)
3.3.2 Global Cutting Tool Inserts Sales in Value by Region (2024-2029)
3.3.3 Global Cutting Tool Inserts Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Cutting Tool Inserts by Application
4.1 Cutting Tool Inserts Market Segment by Application
4.1.1 Machinery
4.1.2 Automotive
4.1.3 Aerospace
4.1.4 Energy
4.1.5 Others
4.2 Global Cutting Tool Inserts Market Size by Application
4.2.1 Global Cutting Tool Inserts Market Size Overview by Application (2018-2029)
4.2.2 Global Cutting Tool Inserts Historic Market Size Review by Application (2018-2023)
4.2.3 Global Cutting Tool Inserts Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Cutting Tool Inserts Sales Breakdown by Application (2018-2023)
4.3.2 Europe Cutting Tool Inserts Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Cutting Tool Inserts Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Cutting Tool Inserts Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Cutting Tool Inserts Sales Breakdown by Application (2018-2023)
5 North America Cutting Tool Inserts by Country
5.1 North America Cutting Tool Inserts Historic Market Size by Country
5.1.1 North America Cutting Tool Inserts Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Cutting Tool Inserts Sales in Volume by Country (2018-2023)
5.1.3 North America Cutting Tool Inserts Sales in Value by Country (2018-2023)
5.2 North America Cutting Tool Inserts Forecasted Market Size by Country
5.2.1 North America Cutting Tool Inserts Sales in Volume by Country (2024-2029)
5.2.2 North America Cutting Tool Inserts Sales in Value by Country (2024-2029)
6 Europe Cutting Tool Inserts by Country
6.1 Europe Cutting Tool Inserts Historic Market Size by Country
6.1.1 Europe Cutting Tool Inserts Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Cutting Tool Inserts Sales in Volume by Country (2018-2023)
6.1.3 Europe Cutting Tool Inserts Sales in Value by Country (2018-2023)
6.2 Europe Cutting Tool Inserts Forecasted Market Size by Country
6.2.1 Europe Cutting Tool Inserts Sales in Volume by Country (2024-2029)
6.2.2 Europe Cutting Tool Inserts Sales in Value by Country (2024-2029)
7 Asia-Pacific Cutting Tool Inserts by Region
7.1 Asia-Pacific Cutting Tool Inserts Historic Market Size by Region
7.1.1 Asia-Pacific Cutting Tool Inserts Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Cutting Tool Inserts Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Cutting Tool Inserts Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Cutting Tool Inserts Forecasted Market Size by Region
7.2.1 Asia-Pacific Cutting Tool Inserts Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Cutting Tool Inserts Sales in Value by Region (2024-2029)
8 Latin America Cutting Tool Inserts by Country
8.1 Latin America Cutting Tool Inserts Historic Market Size by Country
8.1.1 Latin America Cutting Tool Inserts Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Cutting Tool Inserts Sales in Volume by Country (2018-2023)
8.1.3 Latin America Cutting Tool Inserts Sales in Value by Country (2018-2023)
8.2 Latin America Cutting Tool Inserts Forecasted Market Size by Country
8.2.1 Latin America Cutting Tool Inserts Sales in Volume by Country (2024-2029)
8.2.2 Latin America Cutting Tool Inserts Sales in Value by Country (2024-2029)
9 Middle East and Africa Cutting Tool Inserts by Country
9.1 Middle East and Africa Cutting Tool Inserts Historic Market Size by Country
9.1.1 Middle East and Africa Cutting Tool Inserts Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Cutting Tool Inserts Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Cutting Tool Inserts Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Cutting Tool Inserts Forecasted Market Size by Country
9.2.1 Middle East and Africa Cutting Tool Inserts Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Cutting Tool Inserts Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Sandvik
10.1.1 Sandvik Company Information
10.1.2 Sandvik Introduction and Business Overview
10.1.3 Sandvik Cutting Tool Inserts Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Sandvik Cutting Tool Inserts Products Offered
10.1.5 Sandvik Recent Development
10.2 Kennametal
10.2.1 Kennametal Company Information
10.2.2 Kennametal Introduction and Business Overview
10.2.3 Kennametal Cutting Tool Inserts Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Kennametal Cutting Tool Inserts Products Offered
10.2.5 Kennametal Recent Development
10.3 IMC Group
10.3.1 IMC Group Company Information
10.3.2 IMC Group Introduction and Business Overview
10.3.3 IMC Group Cutting Tool Inserts Sales, Revenue and Gross Margin (2018-2023)
10.3.4 IMC Group Cutting Tool Inserts Products Offered
10.3.5 IMC Group Recent Development
10.4 Mitsubishi
10.4.1 Mitsubishi Company Information
10.4.2 Mitsubishi Introduction and Business Overview
10.4.3 Mitsubishi Cutting Tool Inserts Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Mitsubishi Cutting Tool Inserts Products Offered
10.4.5 Mitsubishi 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 Inserts Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Kyocera Cutting Tool Inserts 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 Inserts Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Sumitomo Cutting Tool Inserts Products Offered
10.6.5 Sumitomo Recent Development
10.7 Mapal
10.7.1 Mapal Company Information
10.7.2 Mapal Introduction and Business Overview
10.7.3 Mapal Cutting Tool Inserts Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Mapal Cutting Tool Inserts Products Offered
10.7.5 Mapal Recent Development
10.8 Korloy
10.8.1 Korloy Company Information
10.8.2 Korloy Introduction and Business Overview
10.8.3 Korloy Cutting Tool Inserts Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Korloy Cutting Tool Inserts Products Offered
10.8.5 Korloy Recent Development
10.9 YG-1
10.9.1 YG-1 Company Information
10.9.2 YG-1 Introduction and Business Overview
10.9.3 YG-1 Cutting Tool Inserts Sales, Revenue and Gross Margin (2018-2023)
10.9.4 YG-1 Cutting Tool Inserts Products Offered
10.9.5 YG-1 Recent Development
10.10 Hitachi
10.10.1 Hitachi Company Information
10.10.2 Hitachi Introduction and Business Overview
10.10.3 Hitachi Cutting Tool Inserts Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Hitachi Cutting Tool Inserts Products Offered
10.10.5 Hitachi Recent Development
10.11 ZCCCT
10.11.1 ZCCCT Company Information
10.11.2 ZCCCT Introduction and Business Overview
10.11.3 ZCCCT Cutting Tool Inserts Sales, Revenue and Gross Margin (2018-2023)
10.11.4 ZCCCT Cutting Tool Inserts Products Offered
10.11.5 ZCCCT Recent Development
10.12 Shanghai Tool
10.12.1 Shanghai Tool Company Information
10.12.2 Shanghai Tool Introduction and Business Overview
10.12.3 Shanghai Tool Cutting Tool Inserts Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Shanghai Tool Cutting Tool Inserts Products Offered
10.12.5 Shanghai Tool Recent Development
10.13 Ingersoll Cutting Tools
10.13.1 Ingersoll Cutting Tools Company Information
10.13.2 Ingersoll Cutting Tools Introduction and Business Overview
10.13.3 Ingersoll Cutting Tools Cutting Tool Inserts Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Ingersoll Cutting Tools Cutting Tool Inserts Products Offered
10.13.5 Ingersoll Cutting Tools Recent Development
10.14 Ceratizit
10.14.1 Ceratizit Company Information
10.14.2 Ceratizit Introduction and Business Overview
10.14.3 Ceratizit Cutting Tool Inserts Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Ceratizit Cutting Tool Inserts Products Offered
10.14.5 Ceratizit Recent Development
10.15 Guhring
10.15.1 Guhring Company Information
10.15.2 Guhring Introduction and Business Overview
10.15.3 Guhring Cutting Tool Inserts Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Guhring Cutting Tool Inserts Products Offered
10.15.5 Guhring Recent Development
10.16 Xiamen Golden Erge
10.16.1 Xiamen Golden Erge Company Information
10.16.2 Xiamen Golden Erge Introduction and Business Overview
10.16.3 Xiamen Golden Erge Cutting Tool Inserts Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Xiamen Golden Erge Cutting Tool Inserts Products Offered
10.16.5 Xiamen Golden Erge Recent Development
10.17 North American Carbide
10.17.1 North American Carbide Company Information
10.17.2 North American Carbide Introduction and Business Overview
10.17.3 North American Carbide Cutting Tool Inserts Sales, Revenue and Gross Margin (2018-2023)
10.17.4 North American Carbide Cutting Tool Inserts Products Offered
10.17.5 North American Carbide Recent Development
10.18 Sandhog
10.18.1 Sandhog Company Information
10.18.2 Sandhog Introduction and Business Overview
10.18.3 Sandhog Cutting Tool Inserts Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Sandhog Cutting Tool Inserts Products Offered
10.18.5 Sandhog Recent Development
10.19 Lovejoy Tool
10.19.1 Lovejoy Tool Company Information
10.19.2 Lovejoy Tool Introduction and Business Overview
10.19.3 Lovejoy Tool Cutting Tool Inserts Sales, Revenue and Gross Margin (2018-2023)
10.19.4 Lovejoy Tool Cutting Tool Inserts Products Offered
10.19.5 Lovejoy Tool Recent Development
10.20 Certrix-EG
10.20.1 Certrix-EG Company Information
10.20.2 Certrix-EG Introduction and Business Overview
10.20.3 Certrix-EG Cutting Tool Inserts Sales, Revenue and Gross Margin (2018-2023)
10.20.4 Certrix-EG Cutting Tool Inserts Products Offered
10.20.5 Certrix-EG Recent Development
10.21 Aloris
10.21.1 Aloris Company Information
10.21.2 Aloris Introduction and Business Overview
10.21.3 Aloris Cutting Tool Inserts Sales, Revenue and Gross Margin (2018-2023)
10.21.4 Aloris Cutting Tool Inserts Products Offered
10.21.5 Aloris Recent Development
10.22 Zhuzhou Cemented Carbide Group
10.22.1 Zhuzhou Cemented Carbide Group Company Information
10.22.2 Zhuzhou Cemented Carbide Group Introduction and Business Overview
10.22.3 Zhuzhou Cemented Carbide Group Cutting Tool Inserts Sales, Revenue and Gross Margin (2018-2023)
10.22.4 Zhuzhou Cemented Carbide Group Cutting Tool Inserts Products Offered
10.22.5 Zhuzhou Cemented Carbide Group Recent Development
10.23 OKE
10.23.1 OKE Company Information
10.23.2 OKE Introduction and Business Overview
10.23.3 OKE Cutting Tool Inserts Sales, Revenue and Gross Margin (2018-2023)
10.23.4 OKE Cutting Tool Inserts Products Offered
10.23.5 OKE Recent Development
10.24 Zhuzhou Huarui
10.24.1 Zhuzhou Huarui Company Information
10.24.2 Zhuzhou Huarui Introduction and Business Overview
10.24.3 Zhuzhou Huarui Cutting Tool Inserts Sales, Revenue and Gross Margin (2018-2023)
10.24.4 Zhuzhou Huarui Cutting Tool Inserts Products Offered
10.24.5 Zhuzhou Huarui Recent Development
10.25 Beijing Worldia Diamond Tools
10.25.1 Beijing Worldia Diamond Tools Company Information
10.25.2 Beijing Worldia Diamond Tools Introduction and Business Overview
10.25.3 Beijing Worldia Diamond Tools Cutting Tool Inserts Sales, Revenue and Gross Margin (2018-2023)
10.25.4 Beijing Worldia Diamond Tools Cutting Tool Inserts Products Offered
10.25.5 Beijing Worldia Diamond Tools Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Cutting Tool Inserts 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 Inserts Industrial Chain Analysis
11.4 Cutting Tool Inserts Market Dynamics
11.4.1 Cutting Tool Inserts Industry Trends
11.4.2 Cutting Tool Inserts Market Drivers
11.4.3 Cutting Tool Inserts Market Challenges
11.4.4 Cutting Tool Inserts Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Cutting Tool Inserts Distributors
12.3 Cutting Tool Inserts 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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