The Market Reports

Synopsis

The global market for PCBN Indexable Inserts was estimated to be worth US$ 422 million in 2024 and is forecast to a readjusted size of US$ 618 million by 2031 with a CAGR of 5.2% during the forecast period 2025-2031.

PCBN indexable inserts are a key tool in modern efficient metal cutting, and are widely used in turning and other cutting operations of high hardness materials. These inserts are favored for their excellent wear resistance and heat resistance, and are particularly suitable for machining difficult-to-machine materials such as hardened steel, cast iron and high-temperature alloys.

The PCBN indexable insert market has great growth potential, thanks to technological advances and the demand for efficient and durable processing solutions. With the increasing demand for efficient cutting tools in industries such as automotive, aerospace, and heavy machinery manufacturing, especially the rising demand for processing high-hardness materials, PCBN inserts have become an ideal choice for these fields due to their excellent wear resistance, high-temperature stability, and high hardness.

At the same time, competition in the PCBN indexable insert market is also intensifying. Manufacturers are constantly innovating and upgrading technology to launch new products with better performance to seize market share. Major global manufacturers of PCBN indexable inserts include Sandvik, MAPAL, Ceratizit, Mitsubishi Materials, Sumitomo Electric, Funik, Iscar, Guhring, Kennametal, etc.

This report aims to provide a comprehensive presentation of the global market for PCBN Indexable Inserts, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of PCBN Indexable Inserts by region & country, by Type, and by Application.

The PCBN Indexable Inserts market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 PCBN Indexable Inserts.

Market Segmentation

By Company

• Sandvik
• MAPAL
• Ceratizit
• Mitsubishi Materials
• Sumitomo Electric
• Funik
• Iscar
• Guhring
• Kennametal
• CERAMTEC
• Kyocera
• Zhengzhou Berlt
• ZCCCT
• Beijing Worldia Diamond Tools
• Fives Group
• North American Carbide

Segment by Type

• Solid PCBN Inserts
• Solid Corner PCBN Inserts
• Others

Segment by Application

• Automotive
• Machinery Industry
• Aerospace
• Energy
• Others

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.