Twist Drill Market 2025 : Rapidly Rising Trends Expected to Drive Strong Growth by 2031 | Sandvik Coromant, OSG, Kennametal, SECO, Stanley Black & Decker, Mitsubishi

Los Angeles, United States - QY Research has unveiled its latest study titled "Global Twist Drill Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031." This newly released report delivers a comprehensive overview of the global Twist Drill market, analyzing the forces shaping its growth trajectory and providing valuable insights for stakeholders, investors, and industry professionals. the research covers key areas including market dynamics, segmentation, regional performance, competitive landscape, and emerging technology trends that are redefining industry standards. Backed by reliable data and expert analysis, the report serves as a trusted guide to understanding both microeconomic and macroeconomic factors driving market evolution.

The global market for Twist Drill was estimated to be worth US$ 4742 million in 2024 and is forecast to a readjusted size of US$ 6129 million by 2031 with a CAGR of 3.4% during the forecast period 2025-2031.

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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.

Global Twist Drill key players include Sandvik Coromant, OSG, Kennametal, SECO, Stanley Black & Decker, Mitsubishi, etc. Global top five manufacturers hold a share over 21%.

The main consumption regions are North America, Europe, China, Japan, Southeast Asia, India, and other countries and regions with industrial development systems. These regions account for the majority of the global market. In terms of sales, China is currently the largest market for twist drills, holding over 48% of the global market share, followed by the United States and Europe. At the same time, with the development of technology, customers have raised more quality requirements and higher technical standards for twist drills. Specifications and functions are becoming increasingly diversified. Twist drill manufacturers should actively improve product quality to make their products more attractive in the market.

Competitive Landscape: -

Sandvik Coromant
OSG
Kennametal
SECO
Stanley Black & Decker
Mitsubishi
Guhring Group
Nachi
ISCAR
Sumitomo
Walter AG
Bosch
Mapal
Korloy
Triumph
Tiangong International
Kyocera
TDC Cutting Tool
Shanggong
Feida
Chengdu Chenliang
Harbin Measuring & Cutting Tool

Market Drivers -

Growing Industrialization: The industrialization in emerging markets, particularly in Asia and Africa, has been a significant driver for the growth of the twist drill market. As these regions continue to industrialize, the demand for drilling tools, including twist drills, has been on the rise, especially in sectors like construction, automotive, and manufacturing.

Increase in Construction and Infrastructure Projects: The construction sector is one of the key consumers of twist drills, especially in concrete drilling applications. With the global rise in infrastructure development, urbanization, and construction activities, the demand for drilling tools has increased. Twist drills are essential in tasks such as creating holes for anchors, bolts, and other fasteners in concrete and other construction materials.

Automotive and Aerospace Sectors: Both the automotive and aerospace industries require high-precision drilling tools for manufacturing components. The demand for twist drills in these sectors has been growing due to the increasing need for precise hole-making in materials such as high-strength metals, alloys, and composites.

Demand for Metalworking: As mentioned, the metalworking industry holds a dominant position in the twist drill market, accounting for over 64% of the global market share. Metalworking processes such as drilling, milling, and turning require high-performance twist drills that can handle tough materials, including steel, aluminum, and other metals. The growth of manufacturing and metal processing industries worldwide continues to drive demand for these tools.

Market Barriers -

Price Sensitivity: The price sensitivity of customers is one of the significant barriers to the growth of the twist drill market. While customers seek high-quality and advanced drilling tools, they are also highly cost-conscious, especially in developing regions. The high cost of advanced twist drills with specialized coatings and materials can limit their adoption in cost-sensitive markets.

Competition from Alternative Drilling Technologies: While twist drills remain one of the most popular drilling tools, there are alternative technologies, such as laser cutting, water jet cutting, and EDM (Electrical Discharge Machining), that can be used in some applications. The growth of these alternative methods, especially for precision drilling, could pose a threat to the twist drill market.

Conclusion -

The twist drill market is poised for continued growth due to rising industrial demand across multiple sectors, including metalworking, construction, automotive, and aerospace. Technological advancements, a focus on high-quality products, and diversification of applications are major factors driving this growth. However, challenges such as price sensitivity, competition from alternative drilling methods, and environmental concerns must be addressed for manufacturers to remain competitive. Companies that invest in innovation, quality improvement, and sustainability will be better positioned to meet the evolving needs of the market.

Regional Insights -

The report takes readers on a journey through four key regions: United States, Asia-Pacific, and EMEA. Key nations like the United States, Germany, the United Kingdom, China, Japan, South Korea, and more are thoroughly examined. The data is presented in a timeline from 2024 as the base year, with projections extending to 2031.

North America: United States, Canada, Mexico

Latin America: Brazil and other key markets

Asia Pacific: China, Japan, South Korea, India, ASEAN countries

Europe, Middle East & Africa (EMEA): Major European economies, GCC countries, and African nations

The report provides a region-wise breakdown of market share, consumption trends, and future prospects.

Detailed of Twist Drill Market Segmentation -

The report offers great insights into important segments of the global Twist Drill market while concentrating on their CAGR, market size, market share, and future growth potential. The global Twist Drill market is mainly segmented according to type of product, application, and region. Each segment in these categories is extensively researched to become familiar with their growth prospects and key trends. Segmental analysis is highly important to identify key growth pockets of a global market. The report provides specific information on the market growth and demand of different products and applications to help players to focus on profitable areas of the global Twist Drill market.

Segmentation By Type :-

Straight Shank Twist Drill
Taper Shank Twist Drill
Double-End Twist Drill
Others

Segmentation By Application -

Metal
Wood
Concrete
Plastic
Others

This segmentation helps identify high-growth opportunities and niche segments for investors and businesses.

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Why This Report is a Must-Have -

ᗒ Historical Analysis (2020-2024) & Forecasts (2025-2031): Gain a clear understanding of market trends and future growth potential.

ᗒ Comprehensive Market Segmentation: Detailed breakdown by Type, Application, and Region to identify lucrative opportunities.

ᗒ Competitive Landscape: Insights into key players, their market share, and strategic developments like mergers, acquisitions, and expansion plans.

ᗒ Drivers & Restraints: Understand the factors shaping the market's growth and the challenges that could impact your strategy.

ᗒ Expert Opinions & Market Dynamics: Benefit from expert analysis to navigate market risks and capitalize on emerging trends.

Twist Drill Market Report Objectives -

(1) Analyzing the size of the global Twist Drill market on the basis of value and volume

(2) Accurately calculating the market shares, consumption, and other vital factors of different segments of the global Twist Drill market

(3) Exploring key dynamics of the global Twist Drill market

(4) Highlighting important trends of the global Twist Drill market in terms of production, revenue, and sales

(5) Deeply profiling top players of the global Twist Drill market and showing how they compete in the industry

(6) Studying manufacturing processes and costs, product pricing, and various trends related to them

(7) Showing the performance of different regions and countries in the global Twist Drill market

(8) Forecasting the market size and share of all segments, regions, and the global market.

Important Questions Answered included in the Report:-

(A) What is the market size and growth rate of the global and regional market by various segments?

(B) What is the market size and growth rate of the market for selective Countries?

(C) Which region or sub-segment is expected to drive the market in the forecast period?

(D) What factors are estimated to drive and restrain the market growth?

(E) What are the key technology and market trends shaping the market?

(F) what are the key opportunity in the market?

(G) Who are the leading manufacturers operating in the global Twist Drill market?

(H) Which key player accounted for the highest market share?

(I) What are the growth opportunities for the new entrants in the global Twist Drill market?

Table of Contents - Major Key Points:

1 Market Overview
1.1 Twist Drill Product Introduction
1.2 Global Twist Drill Market Size Forecast
1.2.1 Global Twist Drill Sales Value (2020-2031)
1.2.2 Global Twist Drill Sales Volume (2020-2031)
1.2.3 Global Twist Drill Sales Price (2020-2031)
1.3 Twist Drill Market Trends & Drivers
1.3.1 Twist Drill Industry Trends
1.3.2 Twist Drill Market Drivers & Opportunity
1.3.3 Twist Drill Market Challenges
1.3.4 Twist Drill Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Twist Drill Players Revenue Ranking (2024)
2.2 Global Twist Drill Revenue by Company (2020-2025)
2.3 Global Twist Drill Players Sales Volume Ranking (2024)
2.4 Global Twist Drill Sales Volume by Company Players (2020-2025)
2.5 Global Twist Drill Average Price by Company (2020-2025)
2.6 Key Manufacturers Twist Drill Manufacturing Base and Headquarters
2.7 Key Manufacturers Twist Drill Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Twist Drill
2.9 Twist Drill Market Competitive Analysis
2.9.1 Twist Drill Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Twist Drill Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Twist Drill as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Straight Shank Twist Drill
3.1.2 Taper Shank Twist Drill
3.1.3 Double-End Twist Drill
3.1.4 Others
3.2 Global Twist Drill Sales Value by Type
3.2.1 Global Twist Drill Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Twist Drill Sales Value, by Type (2020-2031)
3.2.3 Global Twist Drill Sales Value, by Type (%) (2020-2031)
3.3 Global Twist Drill Sales Volume by Type
3.3.1 Global Twist Drill Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Twist Drill Sales Volume, by Type (2020-2031)
3.3.3 Global Twist Drill Sales Volume, by Type (%) (2020-2031)
3.4 Global Twist Drill Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Metal
4.1.2 Wood
4.1.3 Concrete
4.1.4 Plastic
4.1.5 Others
4.2 Global Twist Drill Sales Value by Application
4.2.1 Global Twist Drill Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Twist Drill Sales Value, by Application (2020-2031)
4.2.3 Global Twist Drill Sales Value, by Application (%) (2020-2031)
4.3 Global Twist Drill Sales Volume by Application
4.3.1 Global Twist Drill Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Twist Drill Sales Volume, by Application (2020-2031)
4.3.3 Global Twist Drill Sales Volume, by Application (%) (2020-2031)
4.4 Global Twist Drill Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Twist Drill Sales Value by Region
5.1.1 Global Twist Drill Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Twist Drill Sales Value by Region (2020-2025)
5.1.3 Global Twist Drill Sales Value by Region (2026-2031)
5.1.4 Global Twist Drill Sales Value by Region (%), (2020-2031)
5.2 Global Twist Drill Sales Volume by Region
5.2.1 Global Twist Drill Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Twist Drill Sales Volume by Region (2020-2025)
5.2.3 Global Twist Drill Sales Volume by Region (2026-2031)
5.2.4 Global Twist Drill Sales Volume by Region (%), (2020-2031)
5.3 Global Twist Drill Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Twist Drill Sales Value, 2020-2031
5.4.2 North America Twist Drill Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Twist Drill Sales Value, 2020-2031
5.5.2 Europe Twist Drill Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Twist Drill Sales Value, 2020-2031
5.6.2 Asia Pacific Twist Drill Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Twist Drill Sales Value, 2020-2031
5.7.2 South America Twist Drill Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Twist Drill Sales Value, 2020-2031
5.8.2 Middle East & Africa Twist Drill Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Twist Drill Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Twist Drill Sales Value and Sales Volume
6.2.1 Key Countries/Regions Twist Drill Sales Value, 2020-2031
6.2.2 Key Countries/Regions Twist Drill Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Twist Drill Sales Value, 2020-2031
6.3.2 United States Twist Drill Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Twist Drill Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Twist Drill Sales Value, 2020-2031
6.4.2 Europe Twist Drill Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Twist Drill Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Twist Drill Sales Value, 2020-2031
6.5.2 China Twist Drill Sales Value by Type (%), 2024 VS 2031
6.5.3 China Twist Drill Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Twist Drill Sales Value, 2020-2031
6.6.2 Japan Twist Drill Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Twist Drill Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Twist Drill Sales Value, 2020-2031
6.7.2 South Korea Twist Drill Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Twist Drill Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Twist Drill Sales Value, 2020-2031
6.8.2 Southeast Asia Twist Drill Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Twist Drill Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Twist Drill Sales Value, 2020-2031
6.9.2 India Twist Drill Sales Value by Type (%), 2024 VS 2031
6.9.3 India Twist Drill Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Sandvik Coromant
7.1.1 Sandvik Coromant Company Information
7.1.2 Sandvik Coromant Introduction and Business Overview
7.1.3 Sandvik Coromant Twist Drill Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Sandvik Coromant Twist Drill Product Offerings
7.1.5 Sandvik Coromant Recent Development
7.2 OSG
7.2.1 OSG Company Information
7.2.2 OSG Introduction and Business Overview
7.2.3 OSG Twist Drill Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 OSG Twist Drill Product Offerings
7.2.5 OSG Recent Development
7.3 Kennametal
7.3.1 Kennametal Company Information
7.3.2 Kennametal Introduction and Business Overview
7.3.3 Kennametal Twist Drill Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Kennametal Twist Drill Product Offerings
7.3.5 Kennametal Recent Development
7.4 SECO
7.4.1 SECO Company Information
7.4.2 SECO Introduction and Business Overview
7.4.3 SECO Twist Drill Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 SECO Twist Drill Product Offerings
7.4.5 SECO Recent Development
7.5 Stanley Black & Decker
7.5.1 Stanley Black & Decker Company Information
7.5.2 Stanley Black & Decker Introduction and Business Overview
7.5.3 Stanley Black & Decker Twist Drill Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Stanley Black & Decker Twist Drill Product Offerings
7.5.5 Stanley Black & Decker Recent Development
7.6 Mitsubishi
7.6.1 Mitsubishi Company Information
7.6.2 Mitsubishi Introduction and Business Overview
7.6.3 Mitsubishi Twist Drill Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Mitsubishi Twist Drill Product Offerings
7.6.5 Mitsubishi Recent Development
7.7 Guhring Group
7.7.1 Guhring Group Company Information
7.7.2 Guhring Group Introduction and Business Overview
7.7.3 Guhring Group Twist Drill Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Guhring Group Twist Drill Product Offerings
7.7.5 Guhring Group Recent Development
7.8 Nachi
7.8.1 Nachi Company Information
7.8.2 Nachi Introduction and Business Overview
7.8.3 Nachi Twist Drill Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Nachi Twist Drill Product Offerings
7.8.5 Nachi Recent Development
7.9 ISCAR
7.9.1 ISCAR Company Information
7.9.2 ISCAR Introduction and Business Overview
7.9.3 ISCAR Twist Drill Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 ISCAR Twist Drill Product Offerings
7.9.5 ISCAR Recent Development
7.10 Sumitomo
7.10.1 Sumitomo Company Information
7.10.2 Sumitomo Introduction and Business Overview
7.10.3 Sumitomo Twist Drill Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Sumitomo Twist Drill Product Offerings
7.10.5 Sumitomo Recent Development
7.11 Walter AG
7.11.1 Walter AG Company Information
7.11.2 Walter AG Introduction and Business Overview
7.11.3 Walter AG Twist Drill Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Walter AG Twist Drill Product Offerings
7.11.5 Walter AG Recent Development
7.12 Bosch
7.12.1 Bosch Company Information
7.12.2 Bosch Introduction and Business Overview
7.12.3 Bosch Twist Drill Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Bosch Twist Drill Product Offerings
7.12.5 Bosch Recent Development
7.13 Mapal
7.13.1 Mapal Company Information
7.13.2 Mapal Introduction and Business Overview
7.13.3 Mapal Twist Drill Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Mapal Twist Drill Product Offerings
7.13.5 Mapal Recent Development
7.14 Korloy
7.14.1 Korloy Company Information
7.14.2 Korloy Introduction and Business Overview
7.14.3 Korloy Twist Drill Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 Korloy Twist Drill Product Offerings
7.14.5 Korloy Recent Development
7.15 Triumph
7.15.1 Triumph Company Information
7.15.2 Triumph Introduction and Business Overview
7.15.3 Triumph Twist Drill Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 Triumph Twist Drill Product Offerings
7.15.5 Triumph Recent Development
7.16 Tiangong International
7.16.1 Tiangong International Company Information
7.16.2 Tiangong International Introduction and Business Overview
7.16.3 Tiangong International Twist Drill Sales, Revenue, Price and Gross Margin (2020-2025)
7.16.4 Tiangong International Twist Drill Product Offerings
7.16.5 Tiangong International Recent Development
7.17 Kyocera
7.17.1 Kyocera Company Information
7.17.2 Kyocera Introduction and Business Overview
7.17.3 Kyocera Twist Drill Sales, Revenue, Price and Gross Margin (2020-2025)
7.17.4 Kyocera Twist Drill Product Offerings
7.17.5 Kyocera Recent Development
7.18 TDC Cutting Tool
7.18.1 TDC Cutting Tool Company Information
7.18.2 TDC Cutting Tool Introduction and Business Overview
7.18.3 TDC Cutting Tool Twist Drill Sales, Revenue, Price and Gross Margin (2020-2025)
7.18.4 TDC Cutting Tool Twist Drill Product Offerings
7.18.5 TDC Cutting Tool Recent Development
7.19 Shanggong
7.19.1 Shanggong Company Information
7.19.2 Shanggong Introduction and Business Overview
7.19.3 Shanggong Twist Drill Sales, Revenue, Price and Gross Margin (2020-2025)
7.19.4 Shanggong Twist Drill Product Offerings
7.19.5 Shanggong Recent Development
7.20 Feida
7.20.1 Feida Company Information
7.20.2 Feida Introduction and Business Overview
7.20.3 Feida Twist Drill Sales, Revenue, Price and Gross Margin (2020-2025)
7.20.4 Feida Twist Drill Product Offerings
7.20.5 Feida Recent Development
7.21 Chengdu Chenliang
7.21.1 Chengdu Chenliang Company Information
7.21.2 Chengdu Chenliang Introduction and Business Overview
7.21.3 Chengdu Chenliang Twist Drill Sales, Revenue, Price and Gross Margin (2020-2025)
7.21.4 Chengdu Chenliang Twist Drill Product Offerings
7.21.5 Chengdu Chenliang Recent Development
7.22 Harbin Measuring & Cutting Tool
7.22.1 Harbin Measuring & Cutting Tool Company Information
7.22.2 Harbin Measuring & Cutting Tool Introduction and Business Overview
7.22.3 Harbin Measuring & Cutting Tool Twist Drill Sales, Revenue, Price and Gross Margin (2020-2025)
7.22.4 Harbin Measuring & Cutting Tool Twist Drill Product Offerings
7.22.5 Harbin Measuring & Cutting Tool Recent Development
8 Industry Chain Analysis
8.1 Twist Drill Industrial Chain
8.2 Twist Drill Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Twist Drill Sales Model
8.5.2 Sales Channel
8.5.3 Twist Drill Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

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