Press release
Twist Drill Market Share, Trends and Leading Players By 2025: Sandvik Coromant, OSG, Kennamtel, SECO, Stanley Black & Decker, Mitsubishi, Guhring Group
In terms of production side, this report researches the Twist Drill capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Twist Drill by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Twist Drill (also commonly referred to as twist bit) is a rotating cutting tool, used for cutting holes in rigid materials, that consists of an essentially conical point, relieved and fluted to form cutting lips, and spiral flutes which direct the chips away from the lips and toward ejection from the hole. Twist drills are the most common and easiest way to put a hole in steel, wood or other non-ferrous materials.
Click to view the full report TOC, figure and tables: https://www.qyresearch.com/index/detail/717541/global-twist-drill-industry-research-report-growth-trends-and-competitive-analysis-2018-2025
The global market of twist drill has mainly been driven by its downstream enterprises. Economic investment has large impact on research and national policies are also the main growth catalysts for the market. The global twist drill market is mainly occupied by the existing enterprises. OSG, Tiangong International, TDC Cutting Tool, Shanggong, Harbin No.1 Tool, Feida Chengdu Chenliang, Harbin Measuring & Cutting Tool and Fangda Holding are the global leading manufacturers with 28.18% of the production volume market in 2015.
The global consumption regions of twist drill market mainly concentrate in China, Europe, the USA and Japan. China is the largest consumption region by consumption volume.
Although the market competition of twist drill is fierce, there are many enterprises can obtain considerable profit form the manufacturing and marketing of twist drill and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.
The Twist Drill market was valued at 4120 Million US$ in 2017 and is projected to reach 4670 Million US$ by 2025, at a CAGR of 1.6% 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 Twist Drill.
Access PDF Version of this Report at: https://www.qyresearch.com/sample-form/form/717541/global-twist-drill-industry-research-report-growth-trends-and-competitive-analysis-
This report includes the following manufacturers; Sandvik Coromant, OSG, Kennamtel, SECO, Stanley Black & Decker, Mitsubishi, Guhring Group, Nachi, ISCAR, Sumitomo, Walter AG, Bosch, Mapal, Korloy, Triumph, Tiangong International, Kyocera, Irwin Tool, TDC Cutting Tool, Shanggong, Harbin No.1 Tool, Feida, Ceratizit, Greenfield Industries, Chengdu Chenliang, Harbin Measuring & Cutting Tool, Komet, Regal Cutting Tools, Alpen-Maykestag, Fangda Holding
Twist Drill Market Segment by Product Type
Straight Shank Twist Drill
Taper Shank Twist Drill
Double-End Twist Drill
Other
Twist Drill Market Segment by Application
Metal
Wood
Concrete
Plastic
Other
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