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Cutting Wheels Market to Witness Huge Growth by 2031 | Forney Industries, Inc., Makita Corporation, DEWALT and more

04-23-2021 02:41 PM CET | Tourism, Cars, Traffic

Press release from: Fact.MR

With a steady estimated growth rate of the cutting wheels market in the foreseeable future, manufacturers are focusing on demand-driven machine developments that deliver optimum cutting duration, changeover frequency, and lower time to perform cutting wheel changeover.

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As end-users give preference to higher productivity, lower downtime and lower overall production cost, preference for high-priced and high-performance cutting wheels dominates the market.

With the frequent amalgamation across industries, the versatility of cutting wheels has become a prerequisite for cutting different types of materials.

To accommodate these evolving industry standards, manufacturers in the cutting wheels market deliver one-size-fits-all options along with the exclusive material cutting wheels.

Leading market players such as Precision and Telematics Solutions are delivering training programs and specialized services for operators as cutting techniques affect the cutting wheel performance.

Introduction of novel products is frequent in the cutting wheels market. For instance, Weiler Abrasives Group, a leading player in the cutting wheels market has launched a new series of Tiger® Aluminum cutting wheels, grinding wheels and combo wheels with reduced changeover time and lower cost.

Further, with the increasing importance of metallographic processes where cutting plays a vital role, cutting wheels market is set to grow steadily in the future.

Cutting Wheels Market: Introduction

Cutting wheels are thin metal wheels with sharp circumferential edges. These wheels are made from various materials, such as cast iron, steel, nickel, alloy, titanium, aluminum, etc. as well as stones and ceramics.

The material is chosen on the basis of application. Cutting wheels are broadly used in many industries, such as aerospace, automotive, foundries, fabrication, ship-building and construction.

These cutting tools are of great help in areas where parting of metal sheets or pipes is required. Cutting and grinding wheels are normally arbor-mounted and are of various types, such as diamond, metal & abrasive cutting wheels.

Abrasives are used to coat cutting wheels. The type of abrasive used and the shape and grit of the wheel help define which material can be best cut using the applied formats.

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Cutting Wheels Market: Segmentation

On the basis of Cutting Wheel type, the Global Cutting Wheels Market can be segmented into:

Straight Cutting Wheel
Depressed Center Cutting Wheel
On the basis of Disc Material, the Global Cutting Wheels Market can be segmented into:

Cast Iron
Steel
Other Materials (Nickel, alloy, Titanium, Aluminium)
On the basis of Abrasive type, the Global Cutting Wheels Market can be segmented into:

Aluminum Oxide
Silicon Carbide
Aluminum Zirconium
Seeded Gel
Diamond
On the basis of Grit Size, the Global Cutting Wheels Market can be segmented into:

Coarse (8-24 CAMI Units)
Medium (30-60)
Fine (70-180)
Very Fine (220-600)
On the Basis of applications, the Global Cutting Wheels Market can be segmented into:

Metal Cutting
Masonry
Ceramic Cutting
Notching
On the basis of End Use Industry, the Global Cutting Wheels Market can be segmented into:

Transportation
Automotive
Aerospace
Marine
Construction
Metal Working
Ship Building

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Cutting Wheels Market: Regional Outlook

Cutting wheels are anticipated to find usage in all regions globally. The most promising markets for cutting wheels are expected to be the developing countries in regions, such as Middle East and Africa, Latin America and Asia Pacific.

This is due to the expansion of construction and metal industries in these regions. With the growing automotive and aerospace sectors in Europe and North America, the scope for better sales of cutting wheels is anticipated to increase significantly. Overall, the market is all set to witness good prospects in the coming years.

Cutting Wheels Market: Key Players

Some of the key players identified across the value chain of the Cutting Wheels Market are:

Forney Industries, Inc.
Makita Corporation
DEWALT
Grindwell Norton Ltd
Walter Surface Technologies Inc.
Dremel

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About Fact.MR
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