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Industry Research Reports

Cutting Tools- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031

Cutting Tools- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031

Industry: Machinery & Equipment

Published Date: 2025-01-16

Pages: 138 Pages

Report ld: 3477047

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Cutting Tools Market Size(US$)

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cagr

CAGR 2025-2031

5.9%

marketSize

Market Size,2031

USD 39,410

Million

Market Snapshot

Market Size in 2025 (Value)
US$ 27,940 million
Market Forecast in 2031(Value)
US$ 39,410 million
CAGR
5.9%
Years Considered
2020-2031
Base Year
2025
Forecast Period
2025-2031

Source: Secondary research, interviews with experts, and QYResearch analysis

The global market for Cutting Tools was estimated to be worth US$ 26530 million in 2024 and is forecast to a readjusted size of US$ 39410 million by 2031 with a CAGR of 5.9% during the forecast period 2025-2031.

In the context of machining, a cutting tool or cutter is any tool that is used to remove material from the workpiece by means of shear deformation. Cutting may be accomplished by single-point or multipoint tools. Single-point tools are used in turning, shaping, planing and similar operations, and remove material by means of one cutting edge. Machinery Industry and drilling tools are often multipoint tools. Energy Industry tools are also multipoint tools. Each grain of abrasive functions as a microscopic single-point cutting edge (although of high negative rake angle), and shears a tiny chip.

Global cutting tools key players include Sandvik, IMC Group, Mitsubishi, Kennametal, OSG etc. Global top 5 manufacturers hold a share over 40%.

Europe is the largest market, with a share about 30%, followed by North America and China, both have a share over 48% percent.

In terms of product, high speed steel is the largest segment, with a share over 45%. And in terms of application, the largest application is machinery, followed by automotive.

This report aims to provide a comprehensive presentation of the global market for Cutting Tools, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Cutting Tools by region & country, by Type, and by Application.

The Cutting Tools market size, estimations, and forecasts are provided in terms of sales volume (M Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cutting Tools.

MARKET SEGMENTATION

By Company

  • Sandvik
  • IMC Group
  • Mitsubishi
  • Kennametal
  • OSG
  • Sumitomo Electric
  • Mapal
  • Kyocera
  • YG-1
  • Nachi-Fujikoshi
  • ZCC·CT
  • Union Tool
  • Korloy
  • LMT
  • Ceratizit
  • Jiangsu Tiangong Tools Co., Ltd.
  • Shanghai Tool Works Co., Ltd.
  • OKE Precision Cutting Tools Co., Ltd.
  • Guhring
  • Tivoly

Consumption by Region

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • Southeast Asia
    • India
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Netherlands
    • Nordic Countries
    • Rest of Europe
  • Latin America
    • Mexico
    • Brazil
    • Rest of Latin America
  • Middle East & Africa
    • Turkey
    • Saudi Arabia
    • UAE
    • Rest of MEA

Segment by Type

  • Cemented Carbide
  • High Speed Steel
  • Ceramics
  • Diamond
  • Others

Segment by Application

  • Machinery
  • Automotive
  • Aerospace
  • Energy
  • Others

biaoTi CHAPTER OUTLINE

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Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

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Chapter 2: Detailed analysis of Cutting Tools manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

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Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

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Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

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Chapter 5: Sales, revenue of Cutting Tools in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

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Chapter 6: Sales, revenue of Cutting Tools in country level. It provides sigmate data by Type, and by Application for each country/region.

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Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

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Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

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Chapter 9: Conclusion.

biaoTi QYRESEARCH'S STRENGTHS

Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:

Market entry risks/opportunities by region
Market entry risks/opportunities by region

We identify regional market threats and growth prospects to guide your overseas layout.

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Product mix optimization based on local practices
Product mix optimization based on local practices

We adjust product portfolios in line with local consumption habits.

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Competitor tactics in fragmented vs. consolidated markets
Competitor tactics in fragmented vs. consolidated markets

We unpack rivals’ operation strategies for scattered and highly concentrated industries.

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Full Research Coverage
Full Research Coverage

We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.

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19 Years Industry Expertise
19 Years Industry Expertise

We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.

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24/7 Fast Report Delivery
24/7 Fast Report Delivery

Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.

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Localized Strategic Analysis
Localized Strategic Analysis

We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.

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Market entry risks/opportunities by region
Market entry risks/opportunities by region

All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.

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Market entry risks/opportunities by region
Market entry risks/opportunities by region

We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.

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TABLE OF CONTENTS

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1 Market Overview

1.1 Cutting Tools Product Introduction

1.2 Global Cutting Tools Market Size Forecast

1.2.1 Global Cutting Tools Sales Value (2020-2031)

1.2.2 Global Cutting Tools Sales Volume (2020-2031)

1.2.3 Global Cutting Tools Sales Price (2020-2031)

1.3 Cutting Tools Market Trends & Drivers

1.3.1 Cutting Tools Industry Trends

1.3.2 Cutting Tools Market Drivers & Opportunity

1.3.3 Cutting Tools Market Challenges

1.3.4 Cutting Tools Market Restraints

1.4 Assumptions and Limitations

1.5 Study Objectives

1.6 Years Considered

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2 Competitive Analysis by Company

2.1 Global Cutting Tools Players Revenue Ranking (2024)

2.2 Global Cutting Tools Revenue by Company (2020-2025)

2.3 Global Cutting Tools Players Sales Volume Ranking (2024)

2.4 Global Cutting Tools Sales Volume by Company Players (2020-2025)

2.5 Global Cutting Tools Average Price by Company (2020-2025)

2.6 Key Manufacturers Cutting Tools Manufacturing Base and Headquarters

2.7 Key Manufacturers Cutting Tools Product Offered

2.8 Key Manufacturers Time to Begin Mass Production of Cutting Tools

2.9 Cutting Tools Market Competitive Analysis

2.9.1 Cutting Tools Market Concentration Rate (2020-2025)

2.9.2 Global 5 and 10 Largest Manufacturers by Cutting Tools Revenue in 2024

2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Cutting Tools as of 2024)

2.10 Mergers & Acquisitions, Expansion

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3 Segmentation by Type

3.1 Introduction by Type

3.1.1 Cemented Carbide

3.1.2 High Speed Steel

3.1.3 Ceramics

3.1.4 Diamond

3.1.5 Others

3.2 Global Cutting Tools Sales Value by Type

3.2.1 Global Cutting Tools Sales Value by Type (2020 VS 2024 VS 2031)

3.2.2 Global Cutting Tools Sales Value, by Type (2020-2031)

3.2.3 Global Cutting Tools Sales Value, by Type (%) (2020-2031)

3.3 Global Cutting Tools Sales Volume by Type

3.3.1 Global Cutting Tools Sales Volume by Type (2020 VS 2024 VS 2031)

3.3.2 Global Cutting Tools Sales Volume, by Type (2020-2031)

3.3.3 Global Cutting Tools Sales Volume, by Type (%) (2020-2031)

3.4 Global Cutting Tools Average Price by Type (2020-2031)

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4 Segmentation by Application

4.1 Introduction by Application

4.1.1 Machinery

4.1.2 Automotive

4.1.3 Aerospace

4.1.4 Energy

4.1.5 Others

4.2 Global Cutting Tools Sales Value by Application

4.2.1 Global Cutting Tools Sales Value by Application (2020 VS 2024 VS 2031)

4.2.2 Global Cutting Tools Sales Value, by Application (2020-2031)

4.2.3 Global Cutting Tools Sales Value, by Application (%) (2020-2031)

4.3 Global Cutting Tools Sales Volume by Application

4.3.1 Global Cutting Tools Sales Volume by Application (2020 VS 2024 VS 2031)

4.3.2 Global Cutting Tools Sales Volume, by Application (2020-2031)

4.3.3 Global Cutting Tools Sales Volume, by Application (%) (2020-2031)

4.4 Global Cutting Tools Average Price by Application (2020-2031)

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5 Segmentation by Region

5.1 Global Cutting Tools Sales Value by Region

5.1.1 Global Cutting Tools Sales Value by Region: 2020 VS 2024 VS 2031

5.1.2 Global Cutting Tools Sales Value by Region (2020-2025)

5.1.3 Global Cutting Tools Sales Value by Region (2026-2031)

5.1.4 Global Cutting Tools Sales Value by Region (%), (2020-2031)

5.2 Global Cutting Tools Sales Volume by Region

5.2.1 Global Cutting Tools Sales Volume by Region: 2020 VS 2024 VS 2031

5.2.2 Global Cutting Tools Sales Volume by Region (2020-2025)

5.2.3 Global Cutting Tools Sales Volume by Region (2026-2031)

5.2.4 Global Cutting Tools Sales Volume by Region (%), (2020-2031)

5.3 Global Cutting Tools Average Price by Region (2020-2031)

5.4 North America

5.4.1 North America Cutting Tools Sales Value, 2020-2031

5.4.2 North America Cutting Tools Sales Value by Country (%), 2024 VS 2031

5.5 Europe

5.5.1 Europe Cutting Tools Sales Value, 2020-2031

5.5.2 Europe Cutting Tools Sales Value by Country (%), 2024 VS 2031

5.6 Asia Pacific

5.6.1 Asia Pacific Cutting Tools Sales Value, 2020-2031

5.6.2 Asia Pacific Cutting Tools Sales Value by Region (%), 2024 VS 2031

5.7 South America

5.7.1 South America Cutting Tools Sales Value, 2020-2031

5.7.2 South America Cutting Tools Sales Value by Country (%), 2024 VS 2031

5.8 Middle East & Africa

5.8.1 Middle East & Africa Cutting Tools Sales Value, 2020-2031

5.8.2 Middle East & Africa Cutting Tools Sales Value by Country (%), 2024 VS 2031

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6 Segmentation by Key Countries/Regions

6.1 Key Countries/Regions Cutting Tools Sales Value Growth Trends, 2020 VS 2024 VS 2031

6.2 Key Countries/Regions Cutting Tools Sales Value

6.2.1 Key Countries/Regions Cutting Tools Sales Value, 2020-2031

6.2.2 Key Countries/Regions Cutting Tools Sales Volume, 2020-2031

6.3 United States

6.3.1 United States Cutting Tools Sales Value, 2020-2031

6.3.2 United States Cutting Tools Sales Value by Type (%), 2024 VS 2031

6.3.3 United States Cutting Tools Sales Value by Application, 2024 VS 2031

6.4 Europe

6.4.1 Europe Cutting Tools Sales Value, 2020-2031

6.4.2 Europe Cutting Tools Sales Value by Type (%), 2024 VS 2031

6.4.3 Europe Cutting Tools Sales Value by Application, 2024 VS 2031

6.5 China

6.5.1 China Cutting Tools Sales Value, 2020-2031

6.5.2 China Cutting Tools Sales Value by Type (%), 2024 VS 2031

6.5.3 China Cutting Tools Sales Value by Application, 2024 VS 2031

6.6 Japan

6.6.1 Japan Cutting Tools Sales Value, 2020-2031

6.6.2 Japan Cutting Tools Sales Value by Type (%), 2024 VS 2031

6.6.3 Japan Cutting Tools Sales Value by Application, 2024 VS 2031

6.7 South Korea

6.7.1 South Korea Cutting Tools Sales Value, 2020-2031

6.7.2 South Korea Cutting Tools Sales Value by Type (%), 2024 VS 2031

6.7.3 South Korea Cutting Tools Sales Value by Application, 2024 VS 2031

6.8 Southeast Asia

6.8.1 Southeast Asia Cutting Tools Sales Value, 2020-2031

6.8.2 Southeast Asia Cutting Tools Sales Value by Type (%), 2024 VS 2031

6.8.3 Southeast Asia Cutting Tools Sales Value by Application, 2024 VS 2031

6.9 India

6.9.1 India Cutting Tools Sales Value, 2020-2031

6.9.2 India Cutting Tools Sales Value by Type (%), 2024 VS 2031

6.9.3 India Cutting Tools Sales Value by Application, 2024 VS 2031

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7 Company Profiles

7.1 Sandvik

7.1.1 Sandvik Company Information

7.1.2 Sandvik Introduction and Business Overview

7.1.3 Sandvik Cutting Tools Sales, Revenue, Price and Gross Margin (2020-2025)

7.1.4 Sandvik Cutting Tools Product Offerings

7.1.5 Sandvik Recent Development

7.2 IMC Group

7.2.1 IMC Group Company Information

7.2.2 IMC Group Introduction and Business Overview

7.2.3 IMC Group Cutting Tools Sales, Revenue, Price and Gross Margin (2020-2025)

7.2.4 IMC Group Cutting Tools Product Offerings

7.2.5 IMC Group Recent Development

7.3 Mitsubishi

7.3.1 Mitsubishi Company Information

7.3.2 Mitsubishi Introduction and Business Overview

7.3.3 Mitsubishi Cutting Tools Sales, Revenue, Price and Gross Margin (2020-2025)

7.3.4 Mitsubishi Cutting Tools Product Offerings

7.3.5 Mitsubishi Recent Development

7.4 Kennametal

7.4.1 Kennametal Company Information

7.4.2 Kennametal Introduction and Business Overview

7.4.3 Kennametal Cutting Tools Sales, Revenue, Price and Gross Margin (2020-2025)

7.4.4 Kennametal Cutting Tools Product Offerings

7.4.5 Kennametal Recent Development

7.5 OSG

7.5.1 OSG Company Information

7.5.2 OSG Introduction and Business Overview

7.5.3 OSG Cutting Tools Sales, Revenue, Price and Gross Margin (2020-2025)

7.5.4 OSG Cutting Tools Product Offerings

7.5.5 OSG Recent Development

7.6 Sumitomo Electric

7.6.1 Sumitomo Electric Company Information

7.6.2 Sumitomo Electric Introduction and Business Overview

7.6.3 Sumitomo Electric Cutting Tools Sales, Revenue, Price and Gross Margin (2020-2025)

7.6.4 Sumitomo Electric Cutting Tools Product Offerings

7.6.5 Sumitomo Electric Recent Development

7.7 Mapal

7.7.1 Mapal Company Information

7.7.2 Mapal Introduction and Business Overview

7.7.3 Mapal Cutting Tools Sales, Revenue, Price and Gross Margin (2020-2025)

7.7.4 Mapal Cutting Tools Product Offerings

7.7.5 Mapal Recent Development

7.8 Kyocera

7.8.1 Kyocera Company Information

7.8.2 Kyocera Introduction and Business Overview

7.8.3 Kyocera Cutting Tools Sales, Revenue, Price and Gross Margin (2020-2025)

7.8.4 Kyocera Cutting Tools Product Offerings

7.8.5 Kyocera Recent Development

7.9 YG-1

7.9.1 YG-1 Company Information

7.9.2 YG-1 Introduction and Business Overview

7.9.3 YG-1 Cutting Tools Sales, Revenue, Price and Gross Margin (2020-2025)

7.9.4 YG-1 Cutting Tools Product Offerings

7.9.5 YG-1 Recent Development

7.10 Nachi-Fujikoshi

7.10.1 Nachi-Fujikoshi Company Information

7.10.2 Nachi-Fujikoshi Introduction and Business Overview

7.10.3 Nachi-Fujikoshi Cutting Tools Sales, Revenue, Price and Gross Margin (2020-2025)

7.10.4 Nachi-Fujikoshi Cutting Tools Product Offerings

7.10.5 Nachi-Fujikoshi Recent Development

7.11 ZCC·CT

7.11.1 ZCC·CT Company Information

7.11.2 ZCC·CT Introduction and Business Overview

7.11.3 ZCC·CT Cutting Tools Sales, Revenue, Price and Gross Margin (2020-2025)

7.11.4 ZCC·CT Cutting Tools Product Offerings

7.11.5 ZCC·CT Recent Development

7.12 Union Tool

7.12.1 Union Tool Company Information

7.12.2 Union Tool Introduction and Business Overview

7.12.3 Union Tool Cutting Tools Sales, Revenue, Price and Gross Margin (2020-2025)

7.12.4 Union Tool Cutting Tools Product Offerings

7.12.5 Union Tool Recent Development

7.13 Korloy

7.13.1 Korloy Company Information

7.13.2 Korloy Introduction and Business Overview

7.13.3 Korloy Cutting Tools Sales, Revenue, Price and Gross Margin (2020-2025)

7.13.4 Korloy Cutting Tools Product Offerings

7.13.5 Korloy Recent Development

7.14 LMT

7.14.1 LMT Company Information

7.14.2 LMT Introduction and Business Overview

7.14.3 LMT Cutting Tools Sales, Revenue, Price and Gross Margin (2020-2025)

7.14.4 LMT Cutting Tools Product Offerings

7.14.5 LMT Recent Development

7.15 Ceratizit

7.15.1 Ceratizit Company Information

7.15.2 Ceratizit Introduction and Business Overview

7.15.3 Ceratizit Cutting Tools Sales, Revenue, Price and Gross Margin (2020-2025)

7.15.4 Ceratizit Cutting Tools Product Offerings

7.15.5 Ceratizit Recent Development

7.16 Jiangsu Tiangong Tools Co., Ltd.

7.16.1 Jiangsu Tiangong Tools Co., Ltd. Company Information

7.16.2 Jiangsu Tiangong Tools Co., Ltd. Introduction and Business Overview

7.16.3 Jiangsu Tiangong Tools Co., Ltd. Cutting Tools Sales, Revenue, Price and Gross Margin (2020-2025)

7.16.4 Jiangsu Tiangong Tools Co., Ltd. Cutting Tools Product Offerings

7.16.5 Jiangsu Tiangong Tools Co., Ltd. Recent Development

7.17 Shanghai Tool Works Co., Ltd.

7.17.1 Shanghai Tool Works Co., Ltd. Company Information

7.17.2 Shanghai Tool Works Co., Ltd. Introduction and Business Overview

7.17.3 Shanghai Tool Works Co., Ltd. Cutting Tools Sales, Revenue, Price and Gross Margin (2020-2025)

7.17.4 Shanghai Tool Works Co., Ltd. Cutting Tools Product Offerings

7.17.5 Shanghai Tool Works Co., Ltd. Recent Development

7.18 OKE Precision Cutting Tools Co., Ltd.

7.18.1 OKE Precision Cutting Tools Co., Ltd. Company Information

7.18.2 OKE Precision Cutting Tools Co., Ltd. Introduction and Business Overview

7.18.3 OKE Precision Cutting Tools Co., Ltd. Cutting Tools Sales, Revenue, Price and Gross Margin (2020-2025)

7.18.4 OKE Precision Cutting Tools Co., Ltd. Cutting Tools Product Offerings

7.18.5 OKE Precision Cutting Tools Co., Ltd. Recent Development

7.19 Guhring

7.19.1 Guhring Company Information

7.19.2 Guhring Introduction and Business Overview

7.19.3 Guhring Cutting Tools Sales, Revenue, Price and Gross Margin (2020-2025)

7.19.4 Guhring Cutting Tools Product Offerings

7.19.5 Guhring Recent Development

7.20 Tivoly

7.20.1 Tivoly Company Information

7.20.2 Tivoly Introduction and Business Overview

7.20.3 Tivoly Cutting Tools Sales, Revenue, Price and Gross Margin (2020-2025)

7.20.4 Tivoly Cutting Tools Product Offerings

7.20.5 Tivoly Recent Development

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8 Industry Chain Analysis

8.1 Cutting Tools Industrial Chain

8.2 Cutting Tools Upstream Analysis

8.2.1 Key Raw Materials

8.2.2 Raw Materials Key Suppliers

8.2.3 Manufacturing Cost Structure

8.3 Midstream Analysis

8.4 Downstream Analysis (Customers Analysis)

8.5 Sales Model and Sales Channels

8.5.1 Cutting Tools Sales Model

8.5.2 Sales Channel

8.5.3 Cutting Tools Distributors

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9 Research Findings and Conclusion

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10 Appendix

10.1 Research Methodology

10.1.1 Methodology/Research Approach

10.1.1.1 Research Programs/Design

10.1.1.2 Market Size Estimation

10.1.1.3 Market Breakdown and Data Triangulation

10.1.2 Data Source

10.1.2.1 Secondary Sources

10.1.2.2 Primary Sources

10.2 Author Details

10.3 Disclaimer

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TABLE OF FIGURES

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List of Tables

Table 1. Cutting Tools Market Trends
Table 2. Cutting Tools Market Drivers & Opportunity
Table 3. Cutting Tools Market Challenges
Table 4. Cutting Tools Market Restraints
Table 5. Global Cutting Tools Revenue by Company (2020-2025) & (US$ Million)
Table 6. Global Cutting Tools Revenue Market Share by Company (2020-2025)
Table 7. Global Cutting Tools Sales Volume by Company (2020-2025) & (M Units)
Table 8. Global Cutting Tools Sales Volume Market Share by Company (2020-2025)
Table 9. Global Market Cutting Tools Price by Company (2020-2025) & (USD/K Units)
Table 10. Key Manufacturers Cutting Tools Manufacturing Base and Headquarters
Table 11. Key Manufacturers Cutting Tools Product Type
Table 12. Key Manufacturers Time to Begin Mass Production of Cutting Tools
Table 13. Global Cutting Tools Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Cutting Tools as of 2024)
Table 15. Mergers & Acquisitions, Expansion Plans
Table 16. Global Cutting Tools Sales Value by Type: 2020 VS 2024 VS 2031 (US$ Million)
Table 17. Global Cutting Tools Sales Value by Type (2020-2025) & (US$ Million)
Table 18. Global Cutting Tools Sales Value by Type (2026-2031) & (US$ Million)
Table 19. Global Cutting Tools Sales Market Share in Value by Type (2020-2025)
Table 20. Global Cutting Tools Sales Market Share in Value by Type (2026-2031)
Table 21. Global Cutting Tools Sales Volume by Type: 2020 VS 2024 VS 2031 (M Units)
Table 22. Global Cutting Tools Sales Volume by Type (2020-2025) & (M Units)
Table 23. Global Cutting Tools Sales Volume by Type (2026-2031) & (M Units)
Table 24. Global Cutting Tools Sales Market Share in Volume by Type (2020-2025)
Table 25. Global Cutting Tools Sales Market Share in Volume by Type (2026-2031)
Table 26. Global Cutting Tools Price by Type (2020-2025) & (USD/K Units)
Table 27. Global Cutting Tools Price by Type (2026-2031) & (USD/K Units)
Table 28. Global Cutting Tools Sales Value by Application: 2020 VS 2024 VS 2031 (US$ Million)
Table 29. Global Cutting Tools Sales Value by Application (2020-2025) & (US$ Million)
Table 30. Global Cutting Tools Sales Value by Application (2026-2031) & (US$ Million)
Table 31. Global Cutting Tools Sales Market Share in Value by Application (2020-2025)
Table 32. Global Cutting Tools Sales Market Share in Value by Application (2026-2031)
Table 33. Global Cutting Tools Sales Volume by Application: 2020 VS 2024 VS 2031 (M Units)
Table 34. Global Cutting Tools Sales Volume by Application (2020-2025) & (M Units)
Table 35. Global Cutting Tools Sales Volume by Application (2026-2031) & (M Units)
Table 36. Global Cutting Tools Sales Market Share in Volume by Application (2020-2025)
Table 37. Global Cutting Tools Sales Market Share in Volume by Application (2026-2031)
Table 38. Global Cutting Tools Price by Application (2020-2025) & (USD/K Units)
Table 39. Global Cutting Tools Price by Application (2026-2031) & (USD/K Units)
Table 40. Global Cutting Tools Sales Value by Region, (2020 VS 2024 VS 2031) & (US$ Million)
Table 41. Global Cutting Tools Sales Value by Region (2020-2025) & (US$ Million)
Table 42. Global Cutting Tools Sales Value by Region (2026-2031) & (US$ Million)
Table 43. Global Cutting Tools Sales Value by Region (2020-2025) & (%)
Table 44. Global Cutting Tools Sales Value by Region (2026-2031) & (%)
Table 45. Global Cutting Tools Sales Volume by Region (M Units): 2020 VS 2024 VS 2031
Table 46. Global Cutting Tools Sales Volume by Region (2020-2025) & (M Units)
Table 47. Global Cutting Tools Sales Volume by Region (2026-2031) & (M Units)
Table 48. Global Cutting Tools Sales Volume by Region (2020-2025) & (%)
Table 49. Global Cutting Tools Sales Volume by Region (2026-2031) & (%)
Table 50. Global Cutting Tools Average Price by Region (2020-2025) & (USD/K Units)
Table 51. Global Cutting Tools Average Price by Region (2026-2031) & (USD/K Units)
Table 52. Key Countries/Regions Cutting Tools Sales Value Growth Trends, (US$ Million): 2020 VS 2024 VS 2031
Table 53. Key Countries/Regions Cutting Tools Sales Value, (2020-2025) & (US$ Million)
Table 54. Key Countries/Regions Cutting Tools Sales Value, (2026-2031) & (US$ Million)
Table 55. Key Countries/Regions Cutting Tools Sales Volume, (2020-2025) & (M Units)
Table 56. Key Countries/Regions Cutting Tools Sales Volume, (2026-2031) & (M Units)
Table 57. Sandvik Company Information
Table 58. Sandvik Introduction and Business Overview
Table 59. Sandvik Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 60. Sandvik Cutting Tools Product Offerings
Table 61. Sandvik Recent Development
Table 62. IMC Group Company Information
Table 63. IMC Group Introduction and Business Overview
Table 64. IMC Group Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 65. IMC Group Cutting Tools Product Offerings
Table 66. IMC Group Recent Development
Table 67. Mitsubishi Company Information
Table 68. Mitsubishi Introduction and Business Overview
Table 69. Mitsubishi Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 70. Mitsubishi Cutting Tools Product Offerings
Table 71. Mitsubishi Recent Development
Table 72. Kennametal Company Information
Table 73. Kennametal Introduction and Business Overview
Table 74. Kennametal Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 75. Kennametal Cutting Tools Product Offerings
Table 76. Kennametal Recent Development
Table 77. OSG Company Information
Table 78. OSG Introduction and Business Overview
Table 79. OSG Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 80. OSG Cutting Tools Product Offerings
Table 81. OSG Recent Development
Table 82. Sumitomo Electric Company Information
Table 83. Sumitomo Electric Introduction and Business Overview
Table 84. Sumitomo Electric Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 85. Sumitomo Electric Cutting Tools Product Offerings
Table 86. Sumitomo Electric Recent Development
Table 87. Mapal Company Information
Table 88. Mapal Introduction and Business Overview
Table 89. Mapal Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 90. Mapal Cutting Tools Product Offerings
Table 91. Mapal Recent Development
Table 92. Kyocera Company Information
Table 93. Kyocera Introduction and Business Overview
Table 94. Kyocera Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 95. Kyocera Cutting Tools Product Offerings
Table 96. Kyocera Recent Development
Table 97. YG-1 Company Information
Table 98. YG-1 Introduction and Business Overview
Table 99. YG-1 Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 100. YG-1 Cutting Tools Product Offerings
Table 101. YG-1 Recent Development
Table 102. Nachi-Fujikoshi Company Information
Table 103. Nachi-Fujikoshi Introduction and Business Overview
Table 104. Nachi-Fujikoshi Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 105. Nachi-Fujikoshi Cutting Tools Product Offerings
Table 106. Nachi-Fujikoshi Recent Development
Table 107. ZCC·CT Company Information
Table 108. ZCC·CT Introduction and Business Overview
Table 109. ZCC·CT Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 110. ZCC·CT Cutting Tools Product Offerings
Table 111. ZCC·CT Recent Development
Table 112. Union Tool Company Information
Table 113. Union Tool Introduction and Business Overview
Table 114. Union Tool Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 115. Union Tool Cutting Tools Product Offerings
Table 116. Union Tool Recent Development
Table 117. Korloy Company Information
Table 118. Korloy Introduction and Business Overview
Table 119. Korloy Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 120. Korloy Cutting Tools Product Offerings
Table 121. Korloy Recent Development
Table 122. LMT Company Information
Table 123. LMT Introduction and Business Overview
Table 124. LMT Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 125. LMT Cutting Tools Product Offerings
Table 126. LMT Recent Development
Table 127. Ceratizit Company Information
Table 128. Ceratizit Introduction and Business Overview
Table 129. Ceratizit Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 130. Ceratizit Cutting Tools Product Offerings
Table 131. Ceratizit Recent Development
Table 132. Jiangsu Tiangong Tools Co., Ltd. Company Information
Table 133. Jiangsu Tiangong Tools Co., Ltd. Introduction and Business Overview
Table 134. Jiangsu Tiangong Tools Co., Ltd. Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 135. Jiangsu Tiangong Tools Co., Ltd. Cutting Tools Product Offerings
Table 136. Jiangsu Tiangong Tools Co., Ltd. Recent Development
Table 137. Shanghai Tool Works Co., Ltd. Company Information
Table 138. Shanghai Tool Works Co., Ltd. Introduction and Business Overview
Table 139. Shanghai Tool Works Co., Ltd. Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 140. Shanghai Tool Works Co., Ltd. Cutting Tools Product Offerings
Table 141. Shanghai Tool Works Co., Ltd. Recent Development
Table 142. OKE Precision Cutting Tools Co., Ltd. Company Information
Table 143. OKE Precision Cutting Tools Co., Ltd. Introduction and Business Overview
Table 144. OKE Precision Cutting Tools Co., Ltd. Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 145. OKE Precision Cutting Tools Co., Ltd. Cutting Tools Product Offerings
Table 146. OKE Precision Cutting Tools Co., Ltd. Recent Development
Table 147. Guhring Company Information
Table 148. Guhring Introduction and Business Overview
Table 149. Guhring Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 150. Guhring Cutting Tools Product Offerings
Table 151. Guhring Recent Development
Table 152. Tivoly Company Information
Table 153. Tivoly Introduction and Business Overview
Table 154. Tivoly Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 155. Tivoly Cutting Tools Product Offerings
Table 156. Tivoly Recent Development
Table 157. Key Raw Materials Lists
Table 158. Raw Materials Key Suppliers Lists
Table 159. Cutting Tools Downstream Customers
Table 160. Cutting Tools Distributors List
Table 161. Research Programs/Design for This Report
Table 162. Key Data Information from Secondary Sources
Table 163. Key Data Information from Primary Sources
muLu

List of Figures

Figure 1. Cutting Tools Product Picture
Figure 2. Global Cutting Tools Sales Value, 2020 VS 2024 VS 2031 (US$ Million)
Figure 3. Global Cutting Tools Sales Value (2020-2031) & (US$ Million)
Figure 4. Global Cutting Tools Sales Volume (2020-2031) & (M Units)
Figure 5. Global Cutting Tools Sales Price (2020-2031) & (USD/K Units)
Figure 6. Cutting Tools Report Years Considered
Figure 7. Global Cutting Tools Players Revenue Ranking (2024) & (US$ Million)
Figure 8. Global Cutting Tools Players Sales Volume Ranking (2024) & (M Units)
Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Cutting Tools Revenue in 2024
Figure 10. Cutting Tools Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 11. Cemented Carbide Picture
Figure 12. High Speed Steel Picture
Figure 13. Ceramics Picture
Figure 14. Diamond Picture
Figure 15. Others Picture
Figure 16. Global Cutting Tools Sales Value by Type (2020 VS 2024 VS 2031) & (US$ Million)
Figure 17. Global Cutting Tools Sales Value Market Share by Type, 2024 & 2031
Figure 18. Global Cutting Tools Sales Volume by Type (2020 VS 2024 VS 2031) & (M Units)
Figure 19. Global Cutting Tools Sales Volume Market Share by Type, 2024 & 2031
Figure 20. Global Cutting Tools Price by Type (2020-2031) & (USD/K Units)
Figure 21. Product Picture of Machinery
Figure 22. Product Picture of Automotive
Figure 23. Product Picture of Aerospace
Figure 24. Product Picture of Energy
Figure 25. Product Picture of Others
Figure 26. Global Cutting Tools Sales Value by Application (2020 VS 2024 VS 2031) & (US$ Million)
Figure 27. Global Cutting Tools Sales Value Market Share by Application, 2024 & 2031
Figure 28. Global Cutting Tools Sales Volume by Application (2020 VS 2024 VS 2031) & (M Units)
Figure 29. Global Cutting Tools Sales Volume Market Share by Application, 2024 & 2031
Figure 30. Global Cutting Tools Price by Application (2020-2031) & (USD/K Units)
Figure 31. North America Cutting Tools Sales Value (2020-2031) & (US$ Million)
Figure 32. North America Cutting Tools Sales Value by Country (%), 2024 VS 2031
Figure 33. Europe Cutting Tools Sales Value, (2020-2031) & (US$ Million)
Figure 34. Europe Cutting Tools Sales Value by Country (%), 2024 VS 2031
Figure 35. Asia Pacific Cutting Tools Sales Value, (2020-2031) & (US$ Million)
Figure 36. Asia Pacific Cutting Tools Sales Value by Region (%), 2024 VS 2031
Figure 37. South America Cutting Tools Sales Value, (2020-2031) & (US$ Million)
Figure 38. South America Cutting Tools Sales Value by Country (%), 2024 VS 2031
Figure 39. Middle East & Africa Cutting Tools Sales Value, (2020-2031) & (US$ Million)
Figure 40. Middle East & Africa Cutting Tools Sales Value by Country (%), 2024 VS 2031
Figure 41. Key Countries/Regions Cutting Tools Sales Value (%), (2020-2031)
Figure 42. Key Countries/Regions Cutting Tools Sales Volume (%), (2020-2031)
Figure 43. United States Cutting Tools Sales Value, (2020-2031) & (US$ Million)
Figure 44. United States Cutting Tools Sales Value by Type (%), 2024 VS 2031
Figure 45. United States Cutting Tools Sales Value by Application (%), 2024 VS 2031
Figure 46. Europe Cutting Tools Sales Value, (2020-2031) & (US$ Million)
Figure 47. Europe Cutting Tools Sales Value by Type (%), 2024 VS 2031
Figure 48. Europe Cutting Tools Sales Value by Application (%), 2024 VS 2031
Figure 49. China Cutting Tools Sales Value, (2020-2031) & (US$ Million)
Figure 50. China Cutting Tools Sales Value by Type (%), 2024 VS 2031
Figure 51. China Cutting Tools Sales Value by Application (%), 2024 VS 2031
Figure 52. Japan Cutting Tools Sales Value, (2020-2031) & (US$ Million)
Figure 53. Japan Cutting Tools Sales Value by Type (%), 2024 VS 2031
Figure 54. Japan Cutting Tools Sales Value by Application (%), 2024 VS 2031
Figure 55. South Korea Cutting Tools Sales Value, (2020-2031) & (US$ Million)
Figure 56. South Korea Cutting Tools Sales Value by Type (%), 2024 VS 2031
Figure 57. South Korea Cutting Tools Sales Value by Application (%), 2024 VS 2031
Figure 58. Southeast Asia Cutting Tools Sales Value, (2020-2031) & (US$ Million)
Figure 59. Southeast Asia Cutting Tools Sales Value by Type (%), 2024 VS 2031
Figure 60. Southeast Asia Cutting Tools Sales Value by Application (%), 2024 VS 2031
Figure 61. India Cutting Tools Sales Value, (2020-2031) & (US$ Million)
Figure 62. India Cutting Tools Sales Value by Type (%), 2024 VS 2031
Figure 63. India Cutting Tools Sales Value by Application (%), 2024 VS 2031
Figure 64. Cutting Tools Industrial Chain
Figure 65. Cutting Tools Manufacturing Cost Structure
Figure 66. Channels of Distribution (Direct Sales, and Distribution)
Figure 67. Bottom-up and Top-down Approaches for This Report
Figure 68. Data Triangulation
Figure 69. Key Executives Interviewed
den_biaoTiZhungShi

KEY QUESTIONS ADDRESSED BY THE REPORT

What is the annual compound growth rate of the global Cutting Tools market size from 2025 to 2031?zhanKai
The annual compound growth rate of the global Cutting Tools market is 5.9% 2025 to 2031.
What was the global market size of Cutting Tools in 2025?shouQi
Which companies rank high in the global Cutting Tools market?shouQi
What was the global market size of Cutting Tools in 2031?shouQi
Which region is expected to have the highest market share?shouQi
den_biaoTiZhungShi

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Cutting Tools- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031

Industry: Machinery & Equipment

Published Date: 2025-01-16

Pages: 138 Pages

Report ld: 3477047

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