openPR Logo
Press release

The Diamond Tools Market is estimated to reach a global value of more than US$ 22, Bn by 2028 end

Persistence Market Research has released a new market study, titled, 'Diamond Tools Market: Global Industry Analysis 2013-2017 and Forecast 2018-2028', which studies the global diamond tools market, and offers deep-dive analysis for the next ten years. The report on the global diamond tools market estimates the key macroeconomic and forecast factors that are projected to drive the growth of the diamond tools market.

The global diamond tools market was valued at US$ 7,921.0 Mn in 2013, and this value is expected to go above US$ 10,000 Mn at the end of 2018. The diamond tools market is expected to grow at a CAGR of around 8.0% between 2018 and 2028, and is estimated to reach a global value of more than US$ 22,000 Mn by 2028 end.

To remain 'ahead' of your competitors, request for a sample @https://www.persistencemarketresearch.com/samples/28519

Diamond Tools Market: Segmental Analysis

By tool type, the global diamond tools market is segmented as abrasive type (finishing-based & lapping-based), drilling tools, cutting tools, sawing tools, milling tools, diamond dressers, diamond gauging fingers, and files. Among these segments, the abrasive type and milling tools segments are projected to grow at sizable value shares in the global market, owing to the rising demand for these tools from end-use industries. Moreover, abrasive type tools are prominently used in the construction industry; finishing diamond tools are used for floor finishing. As such, the increasing number of multi-storey buildings being built across the world is promising to lead to lucrative growth of the global diamond tools market.

By manufacturing method, the global diamond tools market is segmented into metal-bonded, resin-bonded, and electroplated. The metal-bonded segment is expected to grow at a prominent rate in the global diamond tools market over the slated time period, owing to its increasing application in floor finishing. However, the electroplated segment is also expected to represent significant opportunity for the diamond tools market, owing to the rising application of electroplated diamond tools for machining material that cannot be economically ground with metal- or resin-bonded diamond tools.

For critical insights on this market, request for ask an expert here @ https://www.persistencemarketresearch.com/ask-an-expert/28519

By end use, the global diamond tools market is segmented into automotive, construction (glass, stone, & ceramic), fabrication & general manufacturing, healthcare & pharmaceuticals, and aerospace & defence. Among these segments, the construction, automotive, and aerospace & defence segments are estimated to grow at noteworthy rates in the global diamond tools market over the forecast period. In the automotive sector, diamond tools are used to make internal engine galleries and engine block holes, among other. Therefore, increasing automotive vehicle production across the world is projected to surge the demand for diamond tools in the next couple of years.

While, for aerospace, diamond tools are used to make wing tips, ducts and floor posts, among others, with CNC machines. Thus, for the safety and security of their nations, governments are outlaying significant money from their budgets in order to invest in research and development, which, in turn, is expected to boost the demand for diamond tools in the coming years. Moreover, diamond tools are also used in the healthcare industry to make accurate and lightweight medical equipment such as scissors, diamond-plated wheels, etc. As such, growth in these above mentioned industries is collectively expected to accelerate the sales of diamond tools across the globe over the stipulated time period.

For in-depth competitive analysis, buy now@https://www.persistencemarketresearch.com/checkout/28519

Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

About us:
Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The Diamond Tools Market is estimated to reach a global value of more than US$ 22, Bn by 2028 end here

News-ID: 2697440 • Views:

More Releases from Persistence Market Research

Smart Container Market Expected to Surpass US$ 21.5 Bn in 2032 - Persistence Market Research
Smart Container Market Expected to Surpass US$ 21.5 Bn in 2032 - Persistence Mar …
In an era where digital transformation is reshaping every industry, logistics and supply chain management are undergoing one of the most significant shifts with the rise of smart container technology. Traditional shipping containers, once considered merely passive cargo carriers, are now being enhanced with advanced technologies such as IoT (Internet of Things), GPS tracking, temperature and humidity monitoring, and blockchain integration. These innovations are not just optimizing operational efficiency but
Automatic Labeling Machine Market to Reach US$4.0 Bn by 2032 - Persistence Market Research
Automatic Labeling Machine Market to Reach US$4.0 Bn by 2032 - Persistence Marke …
The automatic labeling machine market is witnessing steady growth as industries across food & beverage, pharmaceuticals, cosmetics, consumer goods, and logistics increasingly adopt automation to improve efficiency, reduce labor costs, and ensure labeling accuracy. In recent years, pressures such as regulatory compliance (e.g. traceability and serialization in pharma), branding demands, higher SKU complexity, and growth in e-commerce have pushed manufacturers to upgrade from manual or semi-automatic labeling to fully automatic
Solar Cells & Modules Market to Reach US$ 360.8 Billion by 2033, Driven by Global Clean Energy Demand
Solar Cells & Modules Market to Reach US$ 360.8 Billion by 2033, Driven by Globa …
The solar cells & modules market is witnessing unprecedented growth as nations accelerate their transition toward clean and renewable energy. According to the latest study by Persistence Market Research, the global solar cells & modules market size is projected to expand from US$ 163.7 billion in 2023 to US$ 360.8 billion by 2033. This reflects a robust CAGR of 8.2% during the forecast period, underscoring solar technology's role as the
Power Bank Market Size to Reach US$20.6 Bn by 2032, Growing at 7.4% CAGR - Persistence Market Research
Power Bank Market Size to Reach US$20.6 Bn by 2032, Growing at 7.4% CAGR - Persi …
The global power bank market has become one of the most dynamic segments within the consumer electronics ecosystem, driven by the increasing penetration of smartphones, digital devices, and mobile lifestyles. According to the latest study by Persistence Market Research, the power bank market size is projected to be valued at US$12.4 Bn in 2025 and is expected to reach US$20.6 Bn by 2032, growing at a healthy CAGR of 7.4%

All 5 Releases


More Releases for Diamond

Industrial Diamond Market Hits New High | Major Giants Sandvik, Zhongnan Diamond …
HTF MI just released the Global Industrial Diamond Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach. 𝐌𝐚𝐣𝐨𝐫 Giants in Industrial Diamond Market are: De Beers Group, Element Six,
Diamond Wire Rope Market 2023: Companies Revenue Analysis- Diamond WireTec, Asah …
The Diamond Wire Rope market research report is proficient and top to bottom research by specialists on the current state of the industry. This statistical surveying report gives the most up to date industry information and industry future patterns, enabling you to distinguish the items and end clients driving income development and benefit. It centres around the real drivers and restrictions for the key players and present challenge status with
Synthetic Diamond Market Seeking Excellent Growth | New Diamond Technology, Appl …
Advance Market Analytics published a new research publication on "Synthetic Diamond Market Insights, to 2027" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Synthetic Diamond market was mainly driven by the increasing R&D spending across the world. Get Free Exclusive PDF Sample Copy of
Jewelry Diamond Market is Booming Worldwide | Zhongnan Diamond, Jinqu Chaoying D …
Latest launched research document on Global Jewelry Diamond Market study of 115 Pages provides detailed analysis with presentable graphs, charts and tables. The Research Study presents a complete assessment of the Market and highlights future trend, growth factors & drivers, leaders opinions, facts, and primary validated market data. The research study provides estimates for Global Jewelry Diamond Forecast till 2026*. How to reach that market place and its associated audience with
Synthetic Diamond Market | Key Players - Include Element Six (E6), Applied Diamo …
As per the current market trends and the promising nature of the Global Synthetic Diamond Market, it can be estimated that the future holds positive outcomes. In order to provide a deep insight about the concerned market, Market Research Reports Search Engine would be publishing a resourceful analysis that will enclose knowledge about the regional market size, revenue and opportunity status. Readers will be offered the privilege to decode various
Global Industrial Diamond Sales Market 2017 - Advanced Diamond Solutions, Applie …
The Industrial Diamond Sales market research report distils the most essential aspects of the market and presents them in the form of a comprehensive and cohesive document. The findings of this report have been obtained via a balanced mix of both primary and secondary research. Interviews of C-level executives in the Industrial Diamond Sales market form a chunk of the qualitative analysis contained in this report. Download Sample Report @