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Global External Turning Tools Market Research Report 2025
Synopsis
External turning tools are the most commonly used tools for lathe machining since they are designed to remove material.
The global External Turning Tools market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for External Turning Tools is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for External Turning Tools is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of External Turning Tools include Sandvik, Mitsubishi Materials, WhizCut, Ingersoll Cutting Tool, KOMET, KYOCERA, Kennametal, Winstar Cutting and Widia, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for External Turning Tools, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding External Turning Tools.
Report Scope
The External Turning Tools market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global External Turning Tools market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the External Turning Tools manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Sandvik
Mitsubishi Materials
WhizCut
Ingersoll Cutting Tool
KOMET
KYOCERA
Kennametal
Winstar Cutting
Widia
IZAR CUTTING TOOLS
Arno
Sumitomo Electric
Swiss Tool Systems
ISCAR
Seco Tools
Shan Gin Cutting Tools
Palbit
Ceratizit
Segment by Type
Parting Off
Grooving
Threading
End Milling
Drilling
Segment by Application
Automotive
Construction
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of External Turning Tools manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of External Turning Tools by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of External Turning Tools in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
External turning tools are the most commonly used tools for lathe machining since they are designed to remove material.
The global External Turning Tools market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for External Turning Tools is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for External Turning Tools is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of External Turning Tools include Sandvik, Mitsubishi Materials, WhizCut, Ingersoll Cutting Tool, KOMET, KYOCERA, Kennametal, Winstar Cutting and Widia, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for External Turning Tools, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding External Turning Tools.
Report Scope
The External Turning Tools market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global External Turning Tools market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the External Turning Tools manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Sandvik
Mitsubishi Materials
WhizCut
Ingersoll Cutting Tool
KOMET
KYOCERA
Kennametal
Winstar Cutting
Widia
IZAR CUTTING TOOLS
Arno
Sumitomo Electric
Swiss Tool Systems
ISCAR
Seco Tools
Shan Gin Cutting Tools
Palbit
Ceratizit
Segment by Type
Parting Off
Grooving
Threading
End Milling
Drilling
Segment by Application
Automotive
Construction
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of External Turning Tools manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of External Turning Tools by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of External Turning Tools in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 External Turning Tools Market Overview
1.1 Product Definition
1.2 External Turning Tools Segment by Type
1.2.1 Global External Turning Tools Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Parting Off
1.2.3 Grooving
1.2.4 Threading
1.2.5 End Milling
1.2.6 Drilling
1.3 External Turning Tools Segment by Application
1.3.1 Global External Turning Tools Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Automotive
1.3.3 Construction
1.4 Global Market Growth Prospects
1.4.1 Global External Turning Tools Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global External Turning Tools Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global External Turning Tools Production Estimates and Forecasts (2019-2030)
1.4.4 Global External Turning Tools Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global External Turning Tools Production Market Share by Manufacturers (2019-2024)
2.2 Global External Turning Tools Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of External Turning Tools, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global External Turning Tools Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global External Turning Tools Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of External Turning Tools, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of External Turning Tools, Product Offered and Application
2.8 Global Key Manufacturers of External Turning Tools, Date of Enter into This Industry
2.9 External Turning Tools Market Competitive Situation and Trends
2.9.1 External Turning Tools Market Concentration Rate
2.9.2 Global 5 and 10 Largest External Turning Tools Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 External Turning Tools Production by Region
3.1 Global External Turning Tools Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global External Turning Tools Production Value by Region (2019-2030)
3.2.1 Global External Turning Tools Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of External Turning Tools by Region (2025-2030)
3.3 Global External Turning Tools Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global External Turning Tools Production by Region (2019-2030)
3.4.1 Global External Turning Tools Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of External Turning Tools by Region (2025-2030)
3.5 Global External Turning Tools Market Price Analysis by Region (2019-2024)
3.6 Global External Turning Tools Production and Value, Year-over-Year Growth
3.6.1 North America External Turning Tools Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe External Turning Tools Production Value Estimates and Forecasts (2019-2030)
3.6.3 China External Turning Tools Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan External Turning Tools Production Value Estimates and Forecasts (2019-2030)
4 External Turning Tools Consumption by Region
4.1 Global External Turning Tools Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global External Turning Tools Consumption by Region (2019-2030)
4.2.1 Global External Turning Tools Consumption by Region (2019-2024)
4.2.2 Global External Turning Tools Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America External Turning Tools Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America External Turning Tools Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe External Turning Tools Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe External Turning Tools Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific External Turning Tools Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific External Turning Tools Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa External Turning Tools Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa External Turning Tools Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global External Turning Tools Production by Type (2019-2030)
5.1.1 Global External Turning Tools Production by Type (2019-2024)
5.1.2 Global External Turning Tools Production by Type (2025-2030)
5.1.3 Global External Turning Tools Production Market Share by Type (2019-2030)
5.2 Global External Turning Tools Production Value by Type (2019-2030)
5.2.1 Global External Turning Tools Production Value by Type (2019-2024)
5.2.2 Global External Turning Tools Production Value by Type (2025-2030)
5.2.3 Global External Turning Tools Production Value Market Share by Type (2019-2030)
5.3 Global External Turning Tools Price by Type (2019-2030)
6 Segment by Application
6.1 Global External Turning Tools Production by Application (2019-2030)
6.1.1 Global External Turning Tools Production by Application (2019-2024)
6.1.2 Global External Turning Tools Production by Application (2025-2030)
6.1.3 Global External Turning Tools Production Market Share by Application (2019-2030)
6.2 Global External Turning Tools Production Value by Application (2019-2030)
6.2.1 Global External Turning Tools Production Value by Application (2019-2024)
6.2.2 Global External Turning Tools Production Value by Application (2025-2030)
6.2.3 Global External Turning Tools Production Value Market Share by Application (2019-2030)
6.3 Global External Turning Tools Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Sandvik
7.1.1 Sandvik External Turning Tools Corporation Information
7.1.2 Sandvik External Turning Tools Product Portfolio
7.1.3 Sandvik External Turning Tools Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Sandvik Main Business and Markets Served
7.1.5 Sandvik Recent Developments/Updates
7.2 Mitsubishi Materials
7.2.1 Mitsubishi Materials External Turning Tools Corporation Information
7.2.2 Mitsubishi Materials External Turning Tools Product Portfolio
7.2.3 Mitsubishi Materials External Turning Tools Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Mitsubishi Materials Main Business and Markets Served
7.2.5 Mitsubishi Materials Recent Developments/Updates
7.3 WhizCut
7.3.1 WhizCut External Turning Tools Corporation Information
7.3.2 WhizCut External Turning Tools Product Portfolio
7.3.3 WhizCut External Turning Tools Production, Value, Price and Gross Margin (2019-2024)
7.3.4 WhizCut Main Business and Markets Served
7.3.5 WhizCut Recent Developments/Updates
7.4 Ingersoll Cutting Tool
7.4.1 Ingersoll Cutting Tool External Turning Tools Corporation Information
7.4.2 Ingersoll Cutting Tool External Turning Tools Product Portfolio
7.4.3 Ingersoll Cutting Tool External Turning Tools Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Ingersoll Cutting Tool Main Business and Markets Served
7.4.5 Ingersoll Cutting Tool Recent Developments/Updates
7.5 KOMET
7.5.1 KOMET External Turning Tools Corporation Information
7.5.2 KOMET External Turning Tools Product Portfolio
7.5.3 KOMET External Turning Tools Production, Value, Price and Gross Margin (2019-2024)
7.5.4 KOMET Main Business and Markets Served
7.5.5 KOMET Recent Developments/Updates
7.6 KYOCERA
7.6.1 KYOCERA External Turning Tools Corporation Information
7.6.2 KYOCERA External Turning Tools Product Portfolio
7.6.3 KYOCERA External Turning Tools Production, Value, Price and Gross Margin (2019-2024)
7.6.4 KYOCERA Main Business and Markets Served
7.6.5 KYOCERA Recent Developments/Updates
7.7 Kennametal
7.7.1 Kennametal External Turning Tools Corporation Information
7.7.2 Kennametal External Turning Tools Product Portfolio
7.7.3 Kennametal External Turning Tools Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Kennametal Main Business and Markets Served
7.7.5 Kennametal Recent Developments/Updates
7.8 Winstar Cutting
7.8.1 Winstar Cutting External Turning Tools Corporation Information
7.8.2 Winstar Cutting External Turning Tools Product Portfolio
7.8.3 Winstar Cutting External Turning Tools Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Winstar Cutting Main Business and Markets Served
7.7.5 Winstar Cutting Recent Developments/Updates
7.9 Widia
7.9.1 Widia External Turning Tools Corporation Information
7.9.2 Widia External Turning Tools Product Portfolio
7.9.3 Widia External Turning Tools Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Widia Main Business and Markets Served
7.9.5 Widia Recent Developments/Updates
7.10 IZAR CUTTING TOOLS
7.10.1 IZAR CUTTING TOOLS External Turning Tools Corporation Information
7.10.2 IZAR CUTTING TOOLS External Turning Tools Product Portfolio
7.10.3 IZAR CUTTING TOOLS External Turning Tools Production, Value, Price and Gross Margin (2019-2024)
7.10.4 IZAR CUTTING TOOLS Main Business and Markets Served
7.10.5 IZAR CUTTING TOOLS Recent Developments/Updates
7.11 Arno
7.11.1 Arno External Turning Tools Corporation Information
7.11.2 Arno External Turning Tools Product Portfolio
7.11.3 Arno External Turning Tools Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Arno Main Business and Markets Served
7.11.5 Arno Recent Developments/Updates
7.12 Sumitomo Electric
7.12.1 Sumitomo Electric External Turning Tools Corporation Information
7.12.2 Sumitomo Electric External Turning Tools Product Portfolio
7.12.3 Sumitomo Electric External Turning Tools Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Sumitomo Electric Main Business and Markets Served
7.12.5 Sumitomo Electric Recent Developments/Updates
7.13 Swiss Tool Systems
7.13.1 Swiss Tool Systems External Turning Tools Corporation Information
7.13.2 Swiss Tool Systems External Turning Tools Product Portfolio
7.13.3 Swiss Tool Systems External Turning Tools Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Swiss Tool Systems Main Business and Markets Served
7.13.5 Swiss Tool Systems Recent Developments/Updates
7.14 ISCAR
7.14.1 ISCAR External Turning Tools Corporation Information
7.14.2 ISCAR External Turning Tools Product Portfolio
7.14.3 ISCAR External Turning Tools Production, Value, Price and Gross Margin (2019-2024)
7.14.4 ISCAR Main Business and Markets Served
7.14.5 ISCAR Recent Developments/Updates
7.15 Seco Tools
7.15.1 Seco Tools External Turning Tools Corporation Information
7.15.2 Seco Tools External Turning Tools Product Portfolio
7.15.3 Seco Tools External Turning Tools Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Seco Tools Main Business and Markets Served
7.15.5 Seco Tools Recent Developments/Updates
7.16 Shan Gin Cutting Tools
7.16.1 Shan Gin Cutting Tools External Turning Tools Corporation Information
7.16.2 Shan Gin Cutting Tools External Turning Tools Product Portfolio
7.16.3 Shan Gin Cutting Tools External Turning Tools Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Shan Gin Cutting Tools Main Business and Markets Served
7.16.5 Shan Gin Cutting Tools Recent Developments/Updates
7.17 Palbit
7.17.1 Palbit External Turning Tools Corporation Information
7.17.2 Palbit External Turning Tools Product Portfolio
7.17.3 Palbit External Turning Tools Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Palbit Main Business and Markets Served
7.17.5 Palbit Recent Developments/Updates
7.18 Ceratizit
7.18.1 Ceratizit External Turning Tools Corporation Information
7.18.2 Ceratizit External Turning Tools Product Portfolio
7.18.3 Ceratizit External Turning Tools Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Ceratizit Main Business and Markets Served
7.18.5 Ceratizit Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 External Turning Tools Industry Chain Analysis
8.2 External Turning Tools Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 External Turning Tools Production Mode & Process
8.4 External Turning Tools Sales and Marketing
8.4.1 External Turning Tools Sales Channels
8.4.2 External Turning Tools Distributors
8.5 External Turning Tools Customers
9 External Turning Tools Market Dynamics
9.1 External Turning Tools Industry Trends
9.2 External Turning Tools Market Drivers
9.3 External Turning Tools Market Challenges
9.4 External Turning Tools Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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