Press release
Global Diamond Tools Market is projected to reach 16000 Million US$ by 2025
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Diamond tools are cutting tool with diamond grains fixed on the functional parts of the tool via a bonding material or another method. Diamond tools have unique advantage, such as high hardness, heat resistance, cutting edge sharpness, good thermal conductivity, etc. It is widely used in stone processing industry, transportation industry, geological prospecting industry, machining, etc.
Diamond tools is the best hardness materials processing tools, which has the unique advantage (good processing quality, high efficiency). It can significantly reduce processing costs and improve working conditions. So, it is widely used in stone processing industry, transportation industry, geological prospecting industry and machining. Stone processing industry is its largest downstream market, which take up 30.87% of the consumption in 2016
At present, the production of diamond tools is distributed in United States, Europe, China, Japan and South Korea. China is the largest production country of diamond tools in the world in the past few years and it will keep the same position in the next few years. The diamond tools market concentration is not high. The China market will take up about 28.68% in the global production market in 2016.
Asahi Diamond Industrial, Husqvarna AB, Tyrolit, ICS, Blount amd Ehwa are the key suppliers in the global diamond tools. The market of diamond tools is dispersed. So, top five company production will take up about 7.98% of the global market in 2016.
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The Diamond Tools market was valued at 13000 Million US$ in 2017 and is projected to reach 16000 Million US$ by 2025, at a CAGR of 2.6% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Diamond Tools.
The following manufacturers are covered in this report:
Asahi Diamond Industrial
Husqvarna AB
Tyrolit
Ehwa
Hilti
ICS, Blount
Bosun
Saint Gobain
Disco
Hebei XMF Tools
Gangyan Diamond
Reliable Diamond Tool
Makita
Bosch
Shibuya Company
Syntec Diamond Tools
OX Group International
Nanjing Sanchao Advanced Materials
MK Diamond Products
Lackmond
Metabo Power Tools
Billon Power Diamond Tools
Diamond Tools Breakdown Data by Type
Abrasives Type
Diamond Sawing Tools
Diamond Drilling Tools
Diamond Cutting Tools
Others
Diamond Tools Breakdown Data by Application
Stone Processing Industry
Transportation Industry
Geological Prospecting Industry
Machining
Other
Diamond Tools Production by Region
United States
Europe
China
Japan
Other Regions
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