Cutting Tool Inserts Market by Type, Application, and Geography - Forecast and Analysis 2023-2027

Published: Feb 2023 Pages: 176 SKU: IRTNTR46523

The cutting tool inserts market is estimated to grow at a CAGR of 5.93% between 2022 and 2027. The size of the market is forecast to increase by USD 2,046.36 million. The growth of the market depends on several factors, including growth in demand for fabricated parts, the rise in construction activities in emerging nations of APAC, and the increasing need to develop superior quality products.

This report extensively covers market segmentation by application (milling tool inserts, drilling tool inserts, rotary tool inserts, turning tool inserts, and others), type (carbide tool inserts, Cubic Boron Nitride inserts, ceramic inserts, and others), and geography (APAC, Europe, North America, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the Cutting Tool Inserts Market During the Forecast Period?

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Parent Market Analysis

Technavio categorizes the global cutting tool inserts market as a part of the global electrical components and equipment market within the global electrical equipment market. The parent global electrical components and equipment market cover companies engaged in the manufacturing of electric cables and wires, electrical components, and electrical equipment.  Our research report has extensively covered external factors influencing the parent market growth during the forecast period.

Cutting Tool Inserts Market: Key Drivers, Trends, Challenges, and Customer Landscape

The rise in construction activities in emerging nations of APAC is notably driving the market growth, although factors such as fluctuating raw material prices may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Cutting Tool Inserts Market Driver

The rise in construction activities in emerging nations of APAC is notably driving market growth. The global construction market is witnessing huge growth across various regions. The number of smart cities is expected to rise significantly by 2025. It is expected that a total of 67 new smart cities will be built during the forecast period. The rising population density in urban areas is expected to drive the demand for new cities to accommodate the growing number of people. 

The Smart Cities Mission, the Make in India initiative, and the Housing for All program are expected to trigger construction activities in India. The Government of India started its Smart Cities Mission in 2015, which aims at building new smart cities across the country. The Government of India allocated close to USD 880 million for the Smart Cities Mission for 2019-2020. Such development initiatives have provided high growth opportunities to the vendors in the cutting tool inserts market. Thus, such factors are anticipated to boost the growth of the global market during the forecast period.

Significant Cutting Tool Inserts Market Trend

Additive manufacturing is an emerging trend in market growth. The manufacturing industry has witnessed the advent of a revolutionary technology known as 3D printing. 3D printing, also known as additive manufacturing, is the process of creating three-dimensional objects using a digital file. The process usually involves building the product in thin layers one by one. 3D printing enables the production of complex geometries that are either arduous or impossible with traditional manufacturing techniques.

The additive nature of 3D printing, unlike traditional printing technologies, optimizes the use of the material and therefore minimizes the wastage of material. Replacing traditional manufacturing techniques with 3D printing will result in a significant reduction of capital costs, raw material costs, and costs to reclaim scrap. The use of 3D printing can result in the manufacturing of parts that are significantly cheaper than the ones manufactured traditionally, thus offsetting the high initial costs. Therefore, further improvements in 3D printing technology and its increased adoption will lead to a complete shift in the way manufacturing is done. All these factors will boost the growth of the global market during the forecast period.

Major Cutting Tool Inserts Market Challenge

Fluctuating raw material prices are a major challenge impeding market growth. Turning tool manufacturers require to invest a high amount of capital to provide advanced and innovative tools in the market, which has grown considerably. Inputs such as iron and steel, aluminum, stainless steel, titanium, brass, copper, and other alloys are necessary to manufacture machine tools for drilling, boring, lathes, gear cutting, grinding, and polishing machines. These raw materials account for about 48% of the overall manufacturing cost of machine tools, while labor costs account for about 27%.

The fluctuating raw material prices disrupt the pricing strategy of machine tool manufacturers. In addition, the necessity to train the workforce increases the cost to the company. Manufacturers also incur additional costs when hiring consultants or design specialists. All these factors add to the manufacturing costs, which will hinder the growth of the global market during the forecast period.

Key Cutting Tool Inserts Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Cutting Tool Inserts Market Customer Landscape

Who are the Major Cutting Tool Inserts Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Nano Diamond Products DAC - The company operates under one segment. The company under this segment focuses on developing diamond products, cBN products, and polycrystalline products. The key offerings of the company include cutting tools. 

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Asahi Diamond Industrial Co. Ltd.
  • CERATIZIT SA
  • Element Six UK Ltd.
  • ILJIN Diamond Co. Ltd.
  • IMC BV
  • Kennametal Inc.
  • Knight Carbide Inc.
  • KYOCERA corp.
  • LOVEJOY Tool Co. Inc.
  • Mitsubishi Materials Corp.
  • NACHI FUJIKOSHI Corp.
  • Compagnie de Saint Gobain S.A.
  • Sandvik AB
  • Sumitomo Corp.
  • Tyrolit Schleifmittelwerke Swarovski KG

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Cutting Tool Inserts Market?

The market share growth by the milling tool inserts segment will be significant during the forecast period. Milling tools, often known as milling cutters, are used in milling machines to perform various types of milling operations. Milling cutters are available in various types, such as slitting cutters, milling cutters, end mills, and gear cutters. They all are used for different sets of applications.

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The milling tool inserts segment was valued at USD 1,285.05 million in 2017 and continue to grow by 2021. Milling cutters and gear cutters are majorly adopted in the automotive, aerospace, shipbuilding, and industrial machinery industries owing to their high precision. The cold forging dies, die-casting molds, aluminum aerospace parts, and cutting tool insert parts are milled using milling tool inserts. Although there are different types of milling tool inserts available in the market, the high strength and toughness provided by carbide and CBN inserts make them an efficient choice for milling operations in the mass production process in the end-user industry. Thus, owing to such factors the segment is expected to grow during the forecast period.

Which are the Key Regions for the Cutting Tool Inserts Market?

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APAC is estimated to contribute 57% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The increasing number of construction activities in emerging countries and the rising government spending on the development of infrastructure will drive the growth of the market in APAC during the forecast period. The exponential population growth in APAC is leading to an increase in demand for new residential houses in the region. Increasing urbanization in this region has increased the need for smart and sustainable infrastructure solutions. As a result, various enterprises in this region are investing in the construction of residential buildings. Such infrastructure projects rely on structural metal fabrication to make various structural metal products. Metal machining allows the easy fabrication of mezzanines, access platforms, columns, trusses, beams, industrial stairs, and handrails. These factors will positively impact the market growth during the forecast period. 

The market in APAC was negatively impacted in 2020 due to the COVID-19 outbreak. However, in 2021, vaccines were introduced across the region, which resulted in the lifting of lockdown restrictions. The operations of the market gradually resumed owing to the ease in lockdown restrictions, as most automotive manufacturing units were reopened in the region. Construction activities were restarted in 2021, which surged the demand for cutting tool inserts. The regional market is expected to grow during the forecast period, owing to the need for new residential and commercial infrastructure for the expanding urban population base.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook (USD Million, 2017 - 2027)
    • Milling tool inserts
    • Drilling tool inserts
    • Rotary tool inserts
    • Turning tool inserts
    • Others
  • Type Outlook (USD Million, 2017 - 2027)
    • Carbide tool inserts
    • CBN inserts
    • Ceramic inserts
    • Others
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Brazil
      • Argentina

Cutting Tool Inserts Market Scope

Report Coverage

Details

Page number

176

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.93%

Market growth 2023-2027

USD 2,046.36 million

Market structure

Fragmented

YoY growth 2022-2023(%)

5.25

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 57%

Key countries

US, China, Japan, India, and Germany

Competitive landscape

 Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Asahi Diamond Industrial Co. Ltd., CERATIZIT SA, Element Six UK Ltd., ILJIN Diamond Co. Ltd., IMC BV, Kennametal Inc., Knight Carbide Inc., KYOCERA corp., LOVEJOY Tool Co. Inc., Mitsubishi Materials Corp., NACHI FUJIKOSHI Corp., NanoDiamond Products DAC, Compagnie de Saint Gobain S.A., Sandvik AB, Sumitomo Corp., Tyrolit Schleifmittelwerke Swarovski KG, YG 1, ARCH Cutting Tools, B.R. Meccanica Italy, and Tomei Diamond Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Cutting Tool Inserts Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the cutting tool inserts market between 2023 and 2027
  • Precise estimation of the size of the cutting tool inserts market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the industry across APAC, Europe, North America, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of cutting tool inserts market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global cutting tool inserts market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global cutting tool inserts market 2017 - 2021 ($ million)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Milling tool inserts - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Milling tool inserts - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Milling tool inserts - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Milling tool inserts - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Milling tool inserts - Year-over-year growth 2022-2027 (%)
    • 6.4 Drilling tool inserts - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Drilling tool inserts - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Drilling tool inserts - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Drilling tool inserts - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Drilling tool inserts - Year-over-year growth 2022-2027 (%)
    • 6.5 Rotary tool inserts - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Rotary tool inserts - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Rotary tool inserts - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Rotary tool inserts - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Rotary tool inserts - Year-over-year growth 2022-2027 (%)
    • 6.6 Turning tool inserts - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Turning tool inserts - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on Turning tool inserts - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on Turning tool inserts - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Turning tool inserts - Year-over-year growth 2022-2027 (%)
    • 6.7 Others - Market size and forecast 2022-2027
      • Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.8 Market opportunity by Application
      • Exhibit 54: Market opportunity by Application ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 55: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 56: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 57: Chart on Comparison by Type
      • Exhibit 58: Data Table on Comparison by Type
    • 7.3 Carbide tool inserts - Market size and forecast 2022-2027
      • Exhibit 59: Chart on Carbide tool inserts - Market size and forecast 2022-2027 ($ million)
      • Exhibit 60: Data Table on Carbide tool inserts - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Chart on Carbide tool inserts - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on Carbide tool inserts - Year-over-year growth 2022-2027 (%)
    • 7.4 CBN inserts - Market size and forecast 2022-2027
      • Exhibit 63: Chart on CBN inserts - Market size and forecast 2022-2027 ($ million)
      • Exhibit 64: Data Table on CBN inserts - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Chart on CBN inserts - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on CBN inserts - Year-over-year growth 2022-2027 (%)
    • 7.5 Ceramic inserts - Market size and forecast 2022-2027
      • Exhibit 67: Chart on Ceramic inserts - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Data Table on Ceramic inserts - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Chart on Ceramic inserts - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on Ceramic inserts - Year-over-year growth 2022-2027 (%)
    • 7.6 Others - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.7 Market opportunity by Type
      • Exhibit 75: Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 76: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 77: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 78: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 79: Chart on Geographic comparison
      • Exhibit 80: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 81: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 85: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 89: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 93: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 101: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 105: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 106: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 107: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 108: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 109: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 110: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 111: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 112: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 Japan - Market size and forecast 2022-2027
      • Exhibit 113: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 114: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 115: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 116: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.12 India - Market size and forecast 2022-2027
      • Exhibit 117: Chart on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 118: Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 119: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 120: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 121: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 122: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 123: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 124: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 125: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 126: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 127: Matrix on vendor position and classification
            • 12.3 Asahi Diamond Industrial Co. Ltd.
              • Exhibit 128: Asahi Diamond Industrial Co. Ltd. - Overview
              • Exhibit 129: Asahi Diamond Industrial Co. Ltd. - Product / Service
              • Exhibit 130: Asahi Diamond Industrial Co. Ltd. - Key offerings
            • 12.4 B.R. Meccanica Italy
              • Exhibit 131: B.R. Meccanica Italy - Overview
              • Exhibit 132: B.R. Meccanica Italy - Product / Service
              • Exhibit 133: B.R. Meccanica Italy - Key offerings
            • 12.5 CERATIZIT SA
              • Exhibit 134: CERATIZIT SA - Overview
              • Exhibit 135: CERATIZIT SA - Product / Service
              • Exhibit 136: CERATIZIT SA - Key offerings
            • 12.6 Compagnie de Saint Gobain S.A.
              • Exhibit 137: Compagnie de Saint Gobain S.A. - Overview
              • Exhibit 138: Compagnie de Saint Gobain S.A. - Business segments
              • Exhibit 139: Compagnie de Saint Gobain S.A. - Key offerings
              • Exhibit 140: Compagnie de Saint Gobain S.A. - Segment focus
            • 12.7 Element Six UK Ltd.
              • Exhibit 141: Element Six UK Ltd. - Overview
              • Exhibit 142: Element Six UK Ltd. - Product / Service
              • Exhibit 143: Element Six UK Ltd. - Key offerings
            • 12.8 ILJIN Diamond Co. Ltd.
              • Exhibit 144: ILJIN Diamond Co. Ltd. - Overview
              • Exhibit 145: ILJIN Diamond Co. Ltd. - Product / Service
              • Exhibit 146: ILJIN Diamond Co. Ltd. - Key offerings
            • 12.9 IMC BV
              • Exhibit 147: IMC BV - Overview
              • Exhibit 148: IMC BV - Product / Service
              • Exhibit 149: IMC BV - Key offerings
            • 12.10 Kennametal Inc.
              • Exhibit 150: Kennametal Inc. - Overview
              • Exhibit 151: Kennametal Inc. - Business segments
              • Exhibit 152: Kennametal Inc. - Key offerings
              • Exhibit 153: Kennametal Inc. - Segment focus
            • 12.11 Knight Carbide Inc.
              • Exhibit 154: Knight Carbide Inc. - Overview
              • Exhibit 155: Knight Carbide Inc. - Product / Service
              • Exhibit 156: Knight Carbide Inc. - Key offerings
            • 12.12 LOVEJOY Tool Co. Inc.
              • Exhibit 157: LOVEJOY Tool Co. Inc. - Overview
              • Exhibit 158: LOVEJOY Tool Co. Inc. - Product / Service
              • Exhibit 159: LOVEJOY Tool Co. Inc. - Key offerings
            • 12.13 Mitsubishi Materials Corp.
              • Exhibit 160: Mitsubishi Materials Corp. - Overview
              • Exhibit 161: Mitsubishi Materials Corp. - Business segments
              • Exhibit 162: Mitsubishi Materials Corp. - Key offerings
              • Exhibit 163: Mitsubishi Materials Corp. - Segment focus
            • 12.14 NACHI FUJIKOSHI Corp.
              • Exhibit 164: NACHI FUJIKOSHI Corp. - Overview
              • Exhibit 165: NACHI FUJIKOSHI Corp. - Business segments
              • Exhibit 166: NACHI FUJIKOSHI Corp. - Key news
              • Exhibit 167: NACHI FUJIKOSHI Corp. - Key offerings
              • Exhibit 168: NACHI FUJIKOSHI Corp. - Segment focus
            • 12.15 NanoDiamond Products DAC
              • Exhibit 169: NanoDiamond Products DAC - Overview
              • Exhibit 170: NanoDiamond Products DAC - Product / Service
              • Exhibit 171: NanoDiamond Products DAC - Key offerings
            • 12.16 Sandvik AB
              • Exhibit 172: Sandvik AB - Overview
              • Exhibit 173: Sandvik AB - Business segments
              • Exhibit 174: Sandvik AB - Key news
              • Exhibit 175: Sandvik AB - Key offerings
              • Exhibit 176: Sandvik AB - Segment focus
            • 12.17 Sumitomo Corp.
              • Exhibit 177: Sumitomo Corp. - Overview
              • Exhibit 178: Sumitomo Corp. - Business segments
              • Exhibit 179: Sumitomo Corp. - Key news
              • Exhibit 180: Sumitomo Corp. - Key offerings
              • Exhibit 181: Sumitomo Corp. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 182: Inclusions checklist
                • Exhibit 183: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 184: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 185: Research methodology
                • Exhibit 186: Validation techniques employed for market sizing
                • Exhibit 187: Information sources
              • 13.5 List of abbreviations
                • Exhibit 188: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              cutting tool inserts market

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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