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On August 31, Xinxing Tools cited a report on the metal-cutting tool market published by QYResearch.

金属切削工具

Xingxing Tools Releases 2026 Mid-Year Report: Revenue of 262 million yuan; Global Cutting Tool Market Expected to Reach $41.50 billion by 2032

According to QYResearch statistics and forecasts, the global metal-cutting tool market reached $27.94 billion in 2025 and is projected to grow to $41.50 billion by 2032, with a compound annual growth rate (CAGR) of 5.90% from 2026 to 2032.

Source: Toutiao

More: https://www.toutiao.com/article/7680009800943534611/

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