Global and United States Polycrystalline Diamond Cutting Tool Market Report & Forecast 2022-2028

Polycrystalline Diamond Cutting Tool is short for PCD cutting tool. Polycrystalline Diamond (PCD) is a synthetic diamond product that is produced by sintering together selected diamond particles with a metal matrix, using sophisticated technology. The diamond and matrix, when sintered together under high temperatures and pressures, creates a PCD tool blank that is high in uniform hardness and is abrasive resistant in all directions. This PCD diamond layer is then bonded to a tungsten carbide substrate, which provides strength and a brazable base to permit bonding to other metals.
Market Analysis and Insights: Global and United States Polycrystalline Diamond Cutting Tool Market
This report focuses on global and United States Polycrystalline Diamond Cutting Tool market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Polycrystalline Diamond Cutting Tool market size is estimated to be worth US$ 929 million in 2022 and is forecast to a readjusted size of US$ 1370.8 million by 2028 with a CAGR of 6.7% during the review period. Fully considering the economic change by this health crisis, by Type, PCD Milling Tools accounting for % of the Polycrystalline Diamond Cutting Tool global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Automotive Industry was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
Global Polycrystalline Diamond Cutting Tool key players include Sandvik Group, Sumitomo Electric, Kennametal, Ceratizit, Mitsubishi Materials, etc. Global top five manufacturers hold a share over 45%.
Asia-Pacific is the largest market, with a share about 50%, followed by Europe and North America, both have a share about 40 percent.
In terms of product, PCD Turning Tools is the largest segment, with a share about 30%. And in terms of application, the largest application is Automotive Industry, followed by Aerospace Industry.
Global Polycrystalline Diamond Cutting Tool Scope and Market Size
Polycrystalline Diamond Cutting Tool market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Polycrystalline Diamond Cutting Tool market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Polycrystalline Diamond Cutting Tool market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
PCD Milling Tools
PCD Turning Tools
PCD Holemaking Tools
PCD Inserts
Segment by Application
Automotive Industry
Machinery Industry
Aerospace Industry
Electronics & Semiconductors
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Kennametal
Sandvik Group
Mapal
Preziss Tool
Wirutex
Ceratizit
Sumitomo Electric
Kyocera
Mitsubishi Materials
Union Tool
Asahi Diamond Industrial
Shinhan Diamond
EHWA
Halcyon Technology
TOP TECH Diamond Tools
Telcon Diamond
Beijing Worldia Diamond Tools
Shanghai Nagoya Precision Tools
Zhengzhou Diamond Precision Manufacturing
Shenzhen Junt
Weihai Weiying

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
Details
QYR-20992043

27-May-2022

129
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