Global Turning Tools Industrial Trend and Market Demand 2017-2021

"Global Turning Tools Market 2017-2021" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect.

Description-

-- About Turning Tools
Turning is a metal cutting process primarily used for generating cylindrical surfaces. In this process, mostly the workpiece is rotated on a spindle. The tool is fixed and fed into the piece both axially and radially to get the required surface, and it is frequently done with a single point tool. Turning tools consist of a replaceable insert in its body, and the insert can vary, based on shape, material, geometry, and coating. For instance, the round-shaped insert is used to maximize the edge strength, and the diamond shape insert provides a sharp point to cut fine features or to increase the number of edges. The insert used is generally made of materials such as carbide, although the materials such as ceramic and diamond inserts are used for demanding applications. In addition, a variety of protective coatings helps in increasing the process efficiency and to enhance the lifetime of the tool.

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** Technavios analysts forecast the global turning tools market to grow at a CAGR of 7.99% during the period 2017-2021.

-- Covered in this report
The report covers the present scenario and the growth prospects of the global turning tools market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of turning tools.

-- The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Turning Tools Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

-- Key vendors
Ingersoll Cutting Tool Company
ISCAR
Kennametal Foundation
Sandvik
Mikron Tool
NTK Cutting Tools
WNT tools

-- Other prominent vendors
CERATIZIT
CeramTec Group
DEWALT
FRAISA
Guhring
Hanjiang Tool
Jiangsu Feida Drills
KYOCERA UNIMERCO
Mitsubishi Materials
MAPAL
Shanghai Tool Works
SECO
SUMITOMO ELECTRIC Hartmetall
Samvardhana Motherson Group
STAR SU
Raymond
Travers Tool
Tiangong International
vhf
UNION TOOL
WNT Tools
ZCC Cutting Tools

-- Market driver
Growth of fabricated products in automotive industry
For a full, detailed list, view our report

-- Market challenge
Rise in popularity of electrical discharge and electrochemical machining
For a full, detailed list, view our report

-- Market trend
Use of rotary turning in high-temperature alloys in aerospace industry
For a full, detailed list, view our report

-- Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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