Press release
Cutting Tool Inserts Market 8.83% CAGR by 2021 Driven by Growth of Fabricated Parts in the Automotive Industry
The report covers the present scenario and the growth prospects of the global cutting tool inserts market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
Complete Report available at http://www.reportsnreports.com/reports/1002862-global-cutting-tool-inserts-market-2017-2021.html
The cutting edge in the cutting tool consists of a separate piece of material called a tool insert, which is either brazed or clamped on the tool body. The insert is generally made of materials such as carbide, CBN, and ceramic inserts.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Key vendors
• North American Carbide
• Kennametal Foundation
• ISCAR
• Ingersoll Cutting Tools
• Sandvik
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Other prominent vendors
• KOMET
• LOVEJOY Tool
• Seco
• TYROLIT
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Market driver
• Growth of fabricated parts in the automotive industry
• For a full, detailed list, view our report
Market challenge
• Slowdown in Chinese economy
• For a full, detailed list, view our report
Market trend
• Enhanced growth of fabricated metal products
• For a full, detailed list, view our report
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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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