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Comprehensive Circular Saw Blades Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
Circular Saw Blades Market
The anticipated surge in wood use in the construction and building sectors is set to accelerate the expansion of the circular saw blades market. The utilization of wood, a raw material with a wide range of applications, including in construction activities, is pertinent in this aspect. Circular saw blades are indispensable tools in the construction and building sectors, specifically for their precision in cutting wood, and their efficacy. They facilitate the accurate shaping and sizing of various materials like wood and wood-based products tailored for construction needs. Take for example, the forecast made by the Department of Agriculture, Fisheries and Forestry (ABARES), an Australian government organization, in September 2022, which anticipates a roughly 10% rise in the worldwide consumption of roundwood, reaching 2.2 billion cubic meters by 2030. Consequently, escalating need for wood in the building and construction sectors propels the growth of the circular saw blades market.
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What is the future CAGR of the circular saw blades market, and how will it impact industry expansion?
In recent times, there has been a stable increase in the market size of circular saw blades. It is projected to rise from $10.41 billion in 2024 to $10.68 billion in 2025 with a compound annual growth rate (CAGR) of 2.6%. Factors contributing to the growth during the historic period include expansion in construction and woodworking sectors, industrialization and urban growth, the launch of dedicated blades, heightened use of power tools, and the worldwide expansion of manufacturing.
The market size for circular saw blades is anticipated to enjoy robust growth in the coming years, reaching a valuation of $14.35 billion in 2029, with a compound annual growth rate (CAGR) of 7.7%. The expansion throughout the forecasted period can be connected to the rising demand for sustainable materials, the advent of smart manufacturing, heightened emphasis on safety measures, and focus on lighter and ergonomically designed products. Major trends within the forecasted period encompass the incorporation of IoT into cutting tools, product innovation, cooperative efforts and partnerships, customization and specialization.
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What are the most significant trends transforming the circular saw blades market today?
The circular saw blade market is notably impacted by the trend of technological enhancements. Prominent companies in the circular saw blade sector are emphasising on technological evolution to fulfill customer needs and maintain their market dominance. An example of this is LENOX tools, associated with Stanley Black & Decker and based in India, which launched WAVE EDGE - a cutting-edge reciprocating saw blade technology - in August 2022. The innovative WAVE EDGE technology has a unique tooth shape and layout, developed to improve the cutting process and generate more refined outcomes with the saw. The firm additionally rolled out new products including METALWOLF.
Which key market segments comprise the circular saw blades market and drive its revenue growth?
The circular saw blades market covered in this report is segmented -
1) By Type: Carbide Saw Blades, Diamond Saw Blades, Other Types
2) By Blade Diameter: 5-1/2 Inches, 7-1/4 Inches, Other Blade Diameters
3) By Application: Wood And Wood-Based Materials Cutting, Metal Materials Cutting, Stone Cutting, Other Applications
Subsegments:
1) By Carbide Saw Blades: General-Purpose Carbide Blades, Specialty Carbide Blades
2) By Diamond Saw Blades: Segmented Diamond Blades, Continuous Rim Diamond Blades, Turbo Diamond Blades
3) By Other Types: High-Speed Steel (HSS) Blades, Bi-Metal Blades, Abrasive Blades
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What regions are at the forefront of circular saw blades market expansion?
North America was the largest region in the circular saw blades market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the circular saw blades market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the circular saw blades market?
Major companies operating in the circular saw blades market include Robert Bosch GmbH, Stanley Black and Decker Inc., General Saw Corporation, Makita Corporation, Festool Group GmbH & Co. KG, The Milwaukee Electric Tool Corporation, Ridge Carbide Tool, Henan Huanghe Whirlwind Co. Ltd., Lenox Corporation, Leitz Tooling Systems LP, Simonds International Corporation, KANEFUSA CORPORATION, Tenryu Saw Mfg Co. Ltd., Irwin Industrial Tools, The Leitz Group, Amana Tool Corporation, Jiangsu Fengtai Tools Co. Ltd., SKIL tools, Kinkelder BV, Diamond Products Limited, Everede Tool Co., Dimar Cutting Tools Ltd., Hangzhou Wagen Precision Tooling Co. Ltd., Stark S.p.A, LEUCO AG, Tangshan Metallurgical Saw Blade Co. Ltd., AKE Knebel GmbH & Co. KG, Freud Produzioni Industriali S.P.A., PILANA a.s.
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What Is Covered In The Circular Saw Blades Global Market Report?
• Market Size Forecast: Examine the circular saw blades market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the circular saw blades market for a structured understanding.
• Key Players Overview: Analyze major players in the circular saw blades market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the circular saw blades market.
• Segment Contributions: Evaluate how different segments drive overall growth in the circular saw blades market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the circular saw blades market.
• Industry Challenges: Identify potential risks and obstacles affecting the circular saw blades market.
• Competitive Landscape: Review strategic developments in the circular saw blades market, including expansions, agreements, and new product launches.
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