Turning Tools Market 2017 Trend, Analysis and Forecast to 2021

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.

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

For more information about this report: http://www.reportsweb.com/global-turning-tools-market-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

Publisher'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

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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

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