Cutting Tool Inserts Market : Recent Industry Trends, Analysis and Forecast 2025 With Top Key Players - Sandvik AB,Sumitomo Electric Carbide Inc.,Saint Gobain,KennaMetal,KYOCERA Corporation,Mitsubishi Materials Corporation,Asahi Diamond Industrial Co. Ltd

Transportation industry to generate highest demand for cutting tool inserts during 2017-2025

Cutting tool inserts are mainly used for surface finishing and metal cutting operations. These inserts come in different material types and substrates. The cutting tool inserts are used in applications such as threading, milling & shearing, parting & grooving and drilling & boring. The cutting tool inserts find their place in various end use industries. This mainly includes transportation, woodworking, medical, die and mold. The process of threading done with the help of cutting tool inserts is used in industries such as automotive, construction, ship building etc. Drilling and boring is also an operation done with the help of cutting tool inserts which is used in manufacturing engine blocks.

However the global cutting tool inserts market analysis suggests that transportation is the most lucrative end use segment which is expected to reach a market value of over US$ 10,500 Mn by the end of 2025, growing at a CAGR of 7.2% during the forecast period. There are also various sub segments of transportation, which includes automotive, aerospace and marine. Among the sub segments, automotive is expected to contribute the most to the growth of the transportation segment by augmenting the demand for cutting tools inserts in this industry. Automotive sub segment is expected to reach a market value of over US$ 6,000 Mn by the end of 2025, growing at a value CAGR of 7.4% during the forecast period.

Growth of construction industry and transportation industry to boost the global cutting tool inserts market

The construction industry has been a major supporter of the cutting tool inserts market. In real value terms, the global industry is expected to have reached US$ 8.5 trillion in 2015, up from US$ 7.5 trillion in 2010. In the coming years, the pace of expansion is expected to further accelerate. In addition, many regions have also witnessed prevalence of new manufacturers, owing to industrial growth. China, and India are expected to witness strong growth driven by the country’s rapidly expanding manufacturing base and increasing investments in high-performance cutting tools.

In other developing countries such as Philippines and Bangladesh, the positive scenario and policies, infrastructure, and steps, which are being taken to promote business, especially in the manufacturing sector, will have a positive impact on the cutting tool inserts market offering huge opportunities for investors. With the fundamental growth in infrastructure-related industries including energy, railway and road construction, the automobile industry is also expanding. This will drive the overall cutting tool inserts market due to their requirement in the manufacture of transmission components, engines, brake rotors, gears, bearings, and other components. On the basis of these factors, it is expected that the market for cutting tool inserts will continue to grow at a significant pace in developing countries.

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Shortage of skilled labor may restrict the growth in demand for cutting tool inserts in some developing regions

The Asia Pacific region is considered as a focal point of modern creation and administrations, offering a high level of global industrial exports, especially for innovative and electrical merchandise. This has made the locale an alluring area for financial investors, as firms try to exploit low costs of labor and the available technical skills. However, there is an increasing deficiency of skilled labor as skills are lagging behind economic transition to highly service facing and industrialized economies.

Global Cutting Tool Inserts Market: Competitive Landscape

This comprehensive research report consists of a brief profile of all the major players in the industry. Some of these key players mentioned in the report are KYOCERA Corporation, Mitsubishi Materials Corporation, Asahi Diamond Industrial Co. Ltd., SHOWA DENKO K.K., ISCAR LTD., Knight Carbide, Inc., ILJIN DIAMOND CO., LTD., Tomei Diamond Co., Ltd., Sinter Sud S.p.A. etc.

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Cutting Tool Inserts Market : TOC

1. Executive Summary
1.1. Overview
1.2. Market Analysis
1.3. PMR Analysis and Recommendations
1.4. Wheel of Fortune

2. Market Introduction
2.1. Market Taxonomy
2.2. Market Definition
2.3. Parent Market Overview

3. Market Viewpoint
3.1. Macro-Economic Factors
3.2. Opportunity Analysis

4. Global Market Analysis 2012–2016 and Forecast 2017–2025
4.1. Introduction
4.1.1. Market Size and Y-o-Y Growth
4.1.2. Absolute $ Opportunity
4.2. Global Supply Demand Scenario
4.3. Product – Cost Structure Analysis
4.4. Value Chain

5. Forecast Factors: Relevance and Impact

6. Global Market Analysis 2012–2016 and Forecast 2017–2025 By Material Type
6.1. Introduction / Key Findings
6.2. Historical Market Size (US$ Mn) and Volume (Mn Units) Analysis By Material Type , 2012 - 2016
6.3. Current Market Size (US$ Mn) and Volume (Mn Units) Forecast By Material Type , 2017 - 2025
6.3.1. Diamond/DLC
6.3.2. Carbides
6.3.2.1. Boron Carbide
6.3.2.2. Titanium Carbide
6.3.2.3. Tungsten Carbide
6.3.2.4. Others
6.3.3. CBN (Cubic Boron Nitrides)
6.3.4. Ceramics
6.4. Key Trends / Developments
6.5. Market Attractiveness Analysis By Material Type

7. Global Market Analysis 2012–2016 and Forecast 2017–2025 By Substrate
7.1. Introduction / Key Findings
7.2. Historical Market Size (US$ Mn) and Volume (Mn Units) Analysis By Substrate, 2012 - 2016
7.3. Current Market Size (US$ Mn) and Volume (Mn Units) Forecast By Substrate, 2017 - 2025
7.3.1. Cast Iron
7.3.2. Stainless Steel
7.3.3. Hardened Steel
7.3.4. Non-Ferrous Materials
7.3.5. Titanium and HRSA (Heat Resistant Super Alloys)
7.4. Key Trends / Developments
7.5. Market Attractiveness Analysis By Substrate

8. Global Market Analysis 2012–2016 and Forecast 2017–2025 By Application
8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Mn) and Volume (Mn Units) Analysis By Application, 2012 - 2016
8.3. Current Market Size (US$ Mn) and Volume (Mn Units) Forecast By Application, 2017 - 2025
8.3.1. Threading
8.3.2. Milling & Shearing
8.3.3. Parting & Grooving
8.3.4. Drilling & Boring
8.4. Key Trends / Developments
8.5. Market Attractiveness Analysis By Application

9. Global Market Analysis 2012–2016 and Forecast 2017–2025 By End Use Sector
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn) and Volume (Mn Units) Analysis By End Use Sector, 2012 - 2016
9.3. Current Market Size (US$ Mn) and Volume (Mn Units) Forecast By End Use Sector, 2017 - 2025
9.3.1. Transportation
9.3.1.1. Automotive
9.3.1.2. Aerospace
9.3.1.3. Marine
9.3.2. Woodworking
9.3.3. Medical
9.3.4. Die & Mould
9.4. Key Trends / Developments
9.5. Market Attractiveness Analysis By Application

10. Global Market Analysis 2012–2016 and Forecast 2017–2025 By Region
10.1.Introduction / Key Findings
10.2.Historical Market Size (US$ Mn) and Volume (Mn Units) Analysis By Region, 2012 - 2016
10.3.Current Market Size (US$ Mn) and Volume (Mn Units) Forecast By Region, 2017 - 2025
10.3.1. North America
10.3.2. Latin America
10.3.3. Asia Pacific
10.3.4. Europe
10.3.5. Middle East and Africa
10.4.Market Attractiveness Analysis By Region

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