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Global Cutting Tools Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Industry: Machinery & Equipment
Published Date: 2025-03-19
Pages: 101 Pages
Report ld: 4680094
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Cutting Tools Market Size(US$)
CAGR 2025-2031
5.9%
Market Size,2031
USD 39,410
Million
Market Snapshot
Market Size in 2025 (Value)
US$ 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 Cutting Tools market size was 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.
The global Cutting Tools market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2020-2031.
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
CHAPTER OUTLINE
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of Cutting Tools market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., High Speed Steel in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Automotive in India).
Chapter 6: Regional sales and revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
WHY THIS REPORT
Beyond standard market data, this analysis provides a clear profitability roadmap, empowering you to:
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Cutting Tools value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
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
We identify regional market threats and growth prospects to guide your overseas layout.
Product mix optimization based on local practices
We adjust product portfolios in line with local consumption habits.
Competitor tactics in fragmented vs. consolidated markets
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
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.
19 Years Industry Expertise
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
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.
Localized Strategic Analysis
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
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.
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.
TABLE OF CONTENTS
1 Market Overview
1.1 Cutting Tools Product Scope
1.2 Cutting Tools by Type
1.2.1 Global Cutting Tools Sales by Type (2020 & 2024 & 2031)
1.2.2 Cemented Carbide
1.2.3 High Speed Steel
1.2.4 Ceramics
1.2.5 Diamond
1.2.6 Others
1.3 Cutting Tools by Application
1.3.1 Global Cutting Tools Sales Comparison by Application (2020 & 2024 & 2031)
1.3.2 Machinery
1.3.3 Automotive
1.3.4 Aerospace
1.3.5 Energy
1.3.6 Others
1.4 Global Cutting Tools Market Estimates and Forecasts (2020-2031)
1.4.1 Global Cutting Tools Market Size in Value Growth Rate (2020-2031)
1.4.2 Global Cutting Tools Market Size in Volume Growth Rate (2020-2031)
1.4.3 Global Cutting Tools Price Trends (2020-2031)
1.5 Assumptions and Limitations
2 Market Size and Prospective by Region
2.1 Global Cutting Tools Market Size by Region: 2020 VS 2024 VS 2031
2.2 Global Cutting Tools Retrospective Market Scenario by Region (2020-2025)
2.2.1 Global Cutting Tools Sales Market Share by Region (2020-2025)
2.2.2 Global Cutting Tools Revenue Market Share by Region (2020-2025)
2.3 Global Cutting Tools Market Estimates and Forecasts by Region (2026-2031)
2.3.1 Global Cutting Tools Sales Estimates and Forecasts by Region (2026-2031)
2.3.2 Global Cutting Tools Revenue Forecast by Region (2026-2031)
2.4 Major Region and Emerging Market Analysis
2.4.1 North America Cutting Tools Market Size and Prospective (2020-2031)
2.4.2 Europe Cutting Tools Market Size and Prospective (2020-2031)
2.4.3 China Cutting Tools Market Size and Prospective (2020-2031)
2.4.4 Japan Cutting Tools Market Size and Prospective (2020-2031)
2.4.5 South Korea Cutting Tools Market Size and Prospective (2020-2031)
2.4.6 Israel Cutting Tools Market Size and Prospective (2020-2031)
3 Global Market Size by Type
3.1 Global Cutting Tools Historic Market Review by Type (2020-2025)
3.1.1 Global Cutting Tools Sales by Type (2020-2025)
3.1.2 Global Cutting Tools Revenue by Type (2020-2025)
3.1.3 Global Cutting Tools Price by Type (2020-2025)
3.2 Global Cutting Tools Market Estimates and Forecasts by Type (2026-2031)
3.2.1 Global Cutting Tools Sales Forecast by Type (2026-2031)
3.2.2 Global Cutting Tools Revenue Forecast by Type (2026-2031)
3.2.3 Global Cutting Tools Price Forecast by Type (2026-2031)
3.3 Different Types Cutting Tools Representative Players
4 Global Market Size by Application
4.1 Global Cutting Tools Historic Market Review by Application (2020-2025)
4.1.1 Global Cutting Tools Sales by Application (2020-2025)
4.1.2 Global Cutting Tools Revenue by Application (2020-2025)
4.1.3 Global Cutting Tools Price by Application (2020-2025)
4.2 Global Cutting Tools Market Estimates and Forecasts by Application (2026-2031)
4.2.1 Global Cutting Tools Sales Forecast by Application (2026-2031)
4.2.2 Global Cutting Tools Revenue Forecast by Application (2026-2031)
4.2.3 Global Cutting Tools Price Forecast by Application (2026-2031)
4.3 New Sources of Growth in Cutting Tools Application
5 Competition Landscape by Players
5.1 Global Cutting Tools Sales by Players (2020-2025)
5.2 Global Top Cutting Tools Players by Revenue (2020-2025)
5.3 Global Cutting Tools Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Cutting Tools as of 2024)
5.4 Global Cutting Tools Average Price by Company (2020-2025)
5.5 Global Key Manufacturers of Cutting Tools, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of Cutting Tools, Product Type & Application
5.7 Global Key Manufacturers of Cutting Tools, Date of Enter into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments, Downstream and Major Customers
6.1.1 North America Cutting Tools Sales by Company
6.1.1.1 North America Cutting Tools Sales by Company (2020-2025)
6.1.1.2 North America Cutting Tools Revenue by Company (2020-2025)
6.1.2 North America Cutting Tools Sales Breakdown by Type (2020-2025)
6.1.3 North America Cutting Tools Sales Breakdown by Application (2020-2025)
6.1.4 North America Cutting Tools Major Customer
6.1.5 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments, Downstream and Major Customers
6.2.1 Europe Cutting Tools Sales by Company
6.2.1.1 Europe Cutting Tools Sales by Company (2020-2025)
6.2.1.2 Europe Cutting Tools Revenue by Company (2020-2025)
6.2.2 Europe Cutting Tools Sales Breakdown by Type (2020-2025)
6.2.3 Europe Cutting Tools Sales Breakdown by Application (2020-2025)
6.2.4 Europe Cutting Tools Major Customer
6.2.5 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments, Downstream and Major Customers
6.3.1 China Cutting Tools Sales by Company
6.3.1.1 China Cutting Tools Sales by Company (2020-2025)
6.3.1.2 China Cutting Tools Revenue by Company (2020-2025)
6.3.2 China Cutting Tools Sales Breakdown by Type (2020-2025)
6.3.3 China Cutting Tools Sales Breakdown by Application (2020-2025)
6.3.4 China Cutting Tools Major Customer
6.3.5 China Market Trend and Opportunities
6.4 Japan Market: Players, Segments, Downstream and Major Customers
6.4.1 Japan Cutting Tools Sales by Company
6.4.1.1 Japan Cutting Tools Sales by Company (2020-2025)
6.4.1.2 Japan Cutting Tools Revenue by Company (2020-2025)
6.4.2 Japan Cutting Tools Sales Breakdown by Type (2020-2025)
6.4.3 Japan Cutting Tools Sales Breakdown by Application (2020-2025)
6.4.4 Japan Cutting Tools Major Customer
6.4.5 Japan Market Trend and Opportunities
6.5 South Korea Market: Players, Segments, Downstream and Major Customers
6.5.1 South Korea Cutting Tools Sales by Company
6.5.1.1 South Korea Cutting Tools Sales by Company (2020-2025)
6.5.1.2 South Korea Cutting Tools Revenue by Company (2020-2025)
6.5.2 South Korea Cutting Tools Sales Breakdown by Type (2020-2025)
6.5.3 South Korea Cutting Tools Sales Breakdown by Application (2020-2025)
6.5.4 South Korea Cutting Tools Major Customer
6.5.5 South Korea Market Trend and Opportunities
6.6 Israel Market: Players, Segments, Downstream and Major Customers
6.6.1 Israel Cutting Tools Sales by Company
6.6.1.1 Israel Cutting Tools Sales by Company (2020-2025)
6.6.1.2 Israel Cutting Tools Revenue by Company (2020-2025)
6.6.2 Israel Cutting Tools Sales Breakdown by Type (2020-2025)
6.6.3 Israel Cutting Tools Sales Breakdown by Application (2020-2025)
6.6.4 Israel Cutting Tools Major Customer
6.6.5 Israel Market Trend and Opportunities
7 Company Profiles and Key Figures
7.1 Sandvik
7.1.1 Sandvik Company Information
7.1.2 Sandvik Business Overview
7.1.3 Sandvik Cutting Tools Sales, Revenue and Gross Margin (2020-2025)
7.1.4 Sandvik Cutting Tools Products Offered
7.1.5 Sandvik Recent Development
7.2 IMC Group
7.2.1 IMC Group Company Information
7.2.2 IMC Group Business Overview
7.2.3 IMC Group Cutting Tools Sales, Revenue and Gross Margin (2020-2025)
7.2.4 IMC Group Cutting Tools Products Offered
7.2.5 IMC Group Recent Development
7.3 Mitsubishi
7.3.1 Mitsubishi Company Information
7.3.2 Mitsubishi Business Overview
7.3.3 Mitsubishi Cutting Tools Sales, Revenue and Gross Margin (2020-2025)
7.3.4 Mitsubishi Cutting Tools Products Offered
7.3.5 Mitsubishi Recent Development
7.4 Kennametal
7.4.1 Kennametal Company Information
7.4.2 Kennametal Business Overview
7.4.3 Kennametal Cutting Tools Sales, Revenue and Gross Margin (2020-2025)
7.4.4 Kennametal Cutting Tools Products Offered
7.4.5 Kennametal Recent Development
7.5 OSG
7.5.1 OSG Company Information
7.5.2 OSG Business Overview
7.5.3 OSG Cutting Tools Sales, Revenue and Gross Margin (2020-2025)
7.5.4 OSG Cutting Tools Products Offered
7.5.5 OSG Recent Development
7.6 Sumitomo Electric
7.6.1 Sumitomo Electric Company Information
7.6.2 Sumitomo Electric Business Overview
7.6.3 Sumitomo Electric Cutting Tools Sales, Revenue and Gross Margin (2020-2025)
7.6.4 Sumitomo Electric Cutting Tools Products Offered
7.6.5 Sumitomo Electric Recent Development
7.7 Mapal
7.7.1 Mapal Company Information
7.7.2 Mapal Business Overview
7.7.3 Mapal Cutting Tools Sales, Revenue and Gross Margin (2020-2025)
7.7.4 Mapal Cutting Tools Products Offered
7.7.5 Mapal Recent Development
7.8 Kyocera
7.8.1 Kyocera Company Information
7.8.2 Kyocera Business Overview
7.8.3 Kyocera Cutting Tools Sales, Revenue and Gross Margin (2020-2025)
7.8.4 Kyocera Cutting Tools Products Offered
7.8.5 Kyocera Recent Development
7.9 YG-1
7.9.1 YG-1 Company Information
7.9.2 YG-1 Business Overview
7.9.3 YG-1 Cutting Tools Sales, Revenue and Gross Margin (2020-2025)
7.9.4 YG-1 Cutting Tools Products Offered
7.9.5 YG-1 Recent Development
7.10 Nachi-Fujikoshi
7.10.1 Nachi-Fujikoshi Company Information
7.10.2 Nachi-Fujikoshi Business Overview
7.10.3 Nachi-Fujikoshi Cutting Tools Sales, Revenue and Gross Margin (2020-2025)
7.10.4 Nachi-Fujikoshi Cutting Tools Products Offered
7.10.5 Nachi-Fujikoshi Recent Development
7.11 ZCC·CT
7.11.1 ZCC·CT Company Information
7.11.2 ZCC·CT Business Overview
7.11.3 ZCC·CT Cutting Tools Sales, Revenue and Gross Margin (2020-2025)
7.11.4 ZCC·CT Cutting Tools Products Offered
7.11.5 ZCC·CT Recent Development
7.12 Union Tool
7.12.1 Union Tool Company Information
7.12.2 Union Tool Business Overview
7.12.3 Union Tool Cutting Tools Sales, Revenue and Gross Margin (2020-2025)
7.12.4 Union Tool Cutting Tools Products Offered
7.12.5 Union Tool Recent Development
7.13 Korloy
7.13.1 Korloy Company Information
7.13.2 Korloy Business Overview
7.13.3 Korloy Cutting Tools Sales, Revenue and Gross Margin (2020-2025)
7.13.4 Korloy Cutting Tools Products Offered
7.13.5 Korloy Recent Development
7.14 LMT
7.14.1 LMT Company Information
7.14.2 LMT Business Overview
7.14.3 LMT Cutting Tools Sales, Revenue and Gross Margin (2020-2025)
7.14.4 LMT Cutting Tools Products Offered
7.14.5 LMT Recent Development
7.15 Ceratizit
7.15.1 Ceratizit Company Information
7.15.2 Ceratizit Business Overview
7.15.3 Ceratizit Cutting Tools Sales, Revenue and Gross Margin (2020-2025)
7.15.4 Ceratizit Cutting Tools Products Offered
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. Business Overview
7.16.3 Jiangsu Tiangong Tools Co., Ltd. Cutting Tools Sales, Revenue and Gross Margin (2020-2025)
7.16.4 Jiangsu Tiangong Tools Co., Ltd. Cutting Tools Products Offered
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. Business Overview
7.17.3 Shanghai Tool Works Co., Ltd. Cutting Tools Sales, Revenue and Gross Margin (2020-2025)
7.17.4 Shanghai Tool Works Co., Ltd. Cutting Tools Products Offered
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. Business Overview
7.18.3 OKE Precision Cutting Tools Co., Ltd. Cutting Tools Sales, Revenue and Gross Margin (2020-2025)
7.18.4 OKE Precision Cutting Tools Co., Ltd. Cutting Tools Products Offered
7.18.5 OKE Precision Cutting Tools Co., Ltd. Recent Development
7.19 Guhring
7.19.1 Guhring Company Information
7.19.2 Guhring Business Overview
7.19.3 Guhring Cutting Tools Sales, Revenue and Gross Margin (2020-2025)
7.19.4 Guhring Cutting Tools Products Offered
7.19.5 Guhring Recent Development
7.20 Tivoly
7.20.1 Tivoly Company Information
7.20.2 Tivoly Business Overview
7.20.3 Tivoly Cutting Tools Sales, Revenue and Gross Margin (2020-2025)
7.20.4 Tivoly Cutting Tools Products Offered
7.20.5 Tivoly Recent Development
8 Cutting Tools Manufacturing Cost Analysis
8.1 Cutting Tools Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Cutting Tools
8.4 Cutting Tools Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Cutting Tools Distributors List
9.3 Cutting Tools Customers
10 Cutting Tools Market Dynamics
10.1 Cutting Tools Industry Trends
10.2 Cutting Tools Market Drivers
10.3 Cutting Tools Market Challenges
10.4 Cutting Tools Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer
TABLE OF FIGURES
List of Tables
Table 1. Global Cutting Tools Sales (US$ Million) Growth Rate by Type (2020 & 2024 & 2031)
Table 2. Global Cutting Tools Sales (US$ Million) Comparison by Application (2020 & 2024 & 2031)
Table 3. Global Market Cutting Tools Market Size (US$ Million) by Region:2020 VS 2024 VS 2031
Table 4. Global Cutting Tools Sales (M Units) by Region (2020-2025)
Table 5. Global Cutting Tools Sales Market Share by Region (2020-2025)
Table 6. Global Cutting Tools Revenue (US$ Million) Market Share by Region (2020-2025)
Table 7. Global Cutting Tools Revenue Share by Region (2020-2025)
Table 8. Global Cutting Tools Sales (M Units) Forecast by Region (2026-2031)
Table 9. Global Cutting Tools Sales Market Share Forecast by Region (2026-2031)
Table 10. Global Cutting Tools Revenue (US$ Million) Forecast by Region (2026-2031)
Table 11. Global Cutting Tools Revenue Share Forecast by Region (2026-2031)
Table 12. Global Cutting Tools Sales by Type (M Units) & (2020-2025)
Table 13. Global Cutting Tools Sales Share by Type (2020-2025)
Table 14. Global Cutting Tools Revenue by Type (US$ Million) & (2020-2025)
Table 15. Global Cutting Tools Price by Type (USD/K Units) & (2020-2025)
Table 16. Global Cutting Tools Sales by Type (M Units) & (2026-2031)
Table 17. Global Cutting Tools Revenue by Type (US$ Million) & (2026-2031)
Table 18. Global Cutting Tools Price by Type (USD/K Units) & (2026-2031)
Table 19. Representative Players of Each Type
Table 20. Global Cutting Tools Sales by Application (M Units) & (2020-2025)
Table 21. Global Cutting Tools Sales Share by Application (2020-2025)
Table 22. Global Cutting Tools Revenue by Application (US$ Million) & (2020-2025)
Table 23. Global Cutting Tools Price by Application (USD/K Units) & (2020-2025)
Table 24. Global Cutting Tools Sales by Application (M Units) & (2026-2031)
Table 25. Global Cutting Tools Revenue Market Share by Application (US$ Million) & (2026-2031)
Table 26. Global Cutting Tools Price by Application (USD/K Units) & (2026-2031)
Table 27. New Sources of Growth in Cutting Tools Application
Table 28. Global Cutting Tools Sales by Company (M Units) & (2020-2025)
Table 29. Global Cutting Tools Sales Share by Company (2020-2025)
Table 30. Global Cutting Tools Revenue by Company (US$ Million) & (2020-2025)
Table 31. Global Cutting Tools Revenue Share by Company (2020-2025)
Table 32. Global Cutting Tools by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Cutting Tools as of 2024)
Table 33. Global Market Cutting Tools Average Price by Company (USD/K Units) & (2020-2025)
Table 34. Global Key Manufacturers of Cutting Tools, Manufacturing Sites & Headquarters
Table 35. Global Key Manufacturers of Cutting Tools, Product Type & Application
Table 36. Global Key Manufacturers of Cutting Tools, Date of Enter into This Industry
Table 37. Manufacturers Mergers & Acquisitions, Expansion Plans
Table 38. North America Cutting Tools Sales by Company (2020-2025) & (M Units)
Table 39. North America Cutting Tools Sales Market Share by Company (2020-2025)
Table 40. North America Cutting Tools Revenue by Company (2020-2025) & (US$ Million)
Table 41. North America Cutting Tools Revenue Market Share by Company (2020-2025)
Table 42. North America Cutting Tools Sales by Type (2020-2025) & (M Units)
Table 43. North America Cutting Tools Sales Market Share by Type (2020-2025)
Table 44. North America Cutting Tools Sales by Application (2020-2025) & (M Units)
Table 45. North America Cutting Tools Sales Market Share by Application (2020-2025)
Table 46. Europe Cutting Tools Sales by Company (2020-2025) & (M Units)
Table 47. Europe Cutting Tools Sales Market Share by Company (2020-2025)
Table 48. Europe Cutting Tools Revenue by Company (2020-2025) & (US$ Million)
Table 49. Europe Cutting Tools Revenue Market Share by Company (2020-2025)
Table 50. Europe Cutting Tools Sales by Type (2020-2025) & (M Units)
Table 51. Europe Cutting Tools Sales Market Share by Type (2020-2025)
Table 52. Europe Cutting Tools Sales by Application (2020-2025) & (M Units)
Table 53. Europe Cutting Tools Sales Market Share by Application (2020-2025)
Table 54. China Cutting Tools Sales by Company (2020-2025) & (M Units)
Table 55. China Cutting Tools Sales Market Share by Company (2020-2025)
Table 56. China Cutting Tools Revenue by Company (2020-2025) & (US$ Million)
Table 57. China Cutting Tools Revenue Market Share by Company (2020-2025)
Table 58. China Cutting Tools Sales by Type (2020-2025) & (M Units)
Table 59. China Cutting Tools Sales Market Share by Type (2020-2025)
Table 60. China Cutting Tools Sales by Application (2020-2025) & (M Units)
Table 61. China Cutting Tools Sales Market Share by Application (2020-2025)
Table 62. Japan Cutting Tools Sales by Company (2020-2025) & (M Units)
Table 63. Japan Cutting Tools Sales Market Share by Company (2020-2025)
Table 64. Japan Cutting Tools Revenue by Company (2020-2025) & (US$ Million)
Table 65. Japan Cutting Tools Revenue Market Share by Company (2020-2025)
Table 66. Japan Cutting Tools Sales by Type (2020-2025) & (M Units)
Table 67. Japan Cutting Tools Sales Market Share by Type (2020-2025)
Table 68. Japan Cutting Tools Sales by Application (2020-2025) & (M Units)
Table 69. Japan Cutting Tools Sales Market Share by Application (2020-2025)
Table 70. South Korea Cutting Tools Sales by Company (2020-2025) & (M Units)
Table 71. South Korea Cutting Tools Sales Market Share by Company (2020-2025)
Table 72. South Korea Cutting Tools Revenue by Company (2020-2025) & (US$ Million)
Table 73. South Korea Cutting Tools Revenue Market Share by Company (2020-2025)
Table 74. South Korea Cutting Tools Sales by Type (2020-2025) & (M Units)
Table 75. South Korea Cutting Tools Sales Market Share by Type (2020-2025)
Table 76. South Korea Cutting Tools Sales by Application (2020-2025) & (M Units)
Table 77. South Korea Cutting Tools Sales Market Share by Application (2020-2025)
Table 78. Israel Cutting Tools Sales by Company (2020-2025) & (M Units)
Table 79. Israel Cutting Tools Sales Market Share by Company (2020-2025)
Table 80. Israel Cutting Tools Revenue by Company (2020-2025) & (US$ Million)
Table 81. Israel Cutting Tools Revenue Market Share by Company (2020-2025)
Table 82. Israel Cutting Tools Sales by Type (2020-2025) & (M Units)
Table 83. Israel Cutting Tools Sales Market Share by Type (2020-2025)
Table 84. Israel Cutting Tools Sales by Application (2020-2025) & (M Units)
Table 85. Israel Cutting Tools Sales Market Share by Application (2020-2025)
Table 86. Sandvik Company Information
Table 87. Sandvik Description and Business Overview
Table 88. Sandvik Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 89. Sandvik Cutting Tools Product
Table 90. Sandvik Recent Development
Table 91. IMC Group Company Information
Table 92. IMC Group Description and Business Overview
Table 93. IMC Group Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 94. IMC Group Cutting Tools Product
Table 95. IMC Group Recent Development
Table 96. Mitsubishi Company Information
Table 97. Mitsubishi Description and Business Overview
Table 98. Mitsubishi Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 99. Mitsubishi Cutting Tools Product
Table 100. Mitsubishi Recent Development
Table 101. Kennametal Company Information
Table 102. Kennametal Description and Business Overview
Table 103. Kennametal Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 104. Kennametal Cutting Tools Product
Table 105. Kennametal Recent Development
Table 106. OSG Company Information
Table 107. OSG Description and Business Overview
Table 108. OSG Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 109. OSG Cutting Tools Product
Table 110. OSG Recent Development
Table 111. Sumitomo Electric Company Information
Table 112. Sumitomo Electric Description and Business Overview
Table 113. Sumitomo Electric Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 114. Sumitomo Electric Cutting Tools Product
Table 115. Sumitomo Electric Recent Development
Table 116. Mapal Company Information
Table 117. Mapal Description and Business Overview
Table 118. Mapal Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 119. Mapal Cutting Tools Product
Table 120. Mapal Recent Development
Table 121. Kyocera Company Information
Table 122. Kyocera Description and Business Overview
Table 123. Kyocera Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 124. Kyocera Cutting Tools Product
Table 125. Kyocera Recent Development
Table 126. YG-1 Company Information
Table 127. YG-1 Description and Business Overview
Table 128. YG-1 Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 129. YG-1 Cutting Tools Product
Table 130. YG-1 Recent Development
Table 131. Nachi-Fujikoshi Company Information
Table 132. Nachi-Fujikoshi Description and Business Overview
Table 133. Nachi-Fujikoshi Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 134. Nachi-Fujikoshi Cutting Tools Product
Table 135. Nachi-Fujikoshi Recent Development
Table 136. ZCC·CT Company Information
Table 137. ZCC·CT Description and Business Overview
Table 138. ZCC·CT Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 139. ZCC·CT Cutting Tools Product
Table 140. ZCC·CT Recent Development
Table 141. Union Tool Company Information
Table 142. Union Tool Description and Business Overview
Table 143. Union Tool Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 144. Union Tool Cutting Tools Product
Table 145. Union Tool Recent Development
Table 146. Korloy Company Information
Table 147. Korloy Description and Business Overview
Table 148. Korloy Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 149. Korloy Cutting Tools Product
Table 150. Korloy Recent Development
Table 151. LMT Company Information
Table 152. LMT Description and Business Overview
Table 153. LMT Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 154. LMT Cutting Tools Product
Table 155. LMT Recent Development
Table 156. Ceratizit Company Information
Table 157. Ceratizit Description and Business Overview
Table 158. Ceratizit Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 159. Ceratizit Cutting Tools Product
Table 160. Ceratizit Recent Development
Table 161. Jiangsu Tiangong Tools Co., Ltd. Company Information
Table 162. Jiangsu Tiangong Tools Co., Ltd. Description and Business Overview
Table 163. Jiangsu Tiangong Tools Co., Ltd. Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 164. Jiangsu Tiangong Tools Co., Ltd. Cutting Tools Product
Table 165. Jiangsu Tiangong Tools Co., Ltd. Recent Development
Table 166. Shanghai Tool Works Co., Ltd. Company Information
Table 167. Shanghai Tool Works Co., Ltd. Description and Business Overview
Table 168. Shanghai Tool Works Co., Ltd. Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 169. Shanghai Tool Works Co., Ltd. Cutting Tools Product
Table 170. Shanghai Tool Works Co., Ltd. Recent Development
Table 171. OKE Precision Cutting Tools Co., Ltd. Company Information
Table 172. OKE Precision Cutting Tools Co., Ltd. Description and Business Overview
Table 173. OKE Precision Cutting Tools Co., Ltd. Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 174. OKE Precision Cutting Tools Co., Ltd. Cutting Tools Product
Table 175. OKE Precision Cutting Tools Co., Ltd. Recent Development
Table 176. Guhring Company Information
Table 177. Guhring Description and Business Overview
Table 178. Guhring Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 179. Guhring Cutting Tools Product
Table 180. Guhring Recent Development
Table 181. Tivoly Company Information
Table 182. Tivoly Description and Business Overview
Table 183. Tivoly Cutting Tools Sales (M Units), Revenue (US$ Million), Price (USD/K Units) and Gross Margin (2020-2025)
Table 184. Tivoly Cutting Tools Product
Table 185. Tivoly Recent Development
Table 186. Production Base and Market Concentration Rate of Raw Material
Table 187. Key Suppliers of Raw Materials
Table 188. Cutting Tools Distributors List
Table 189. Cutting Tools Customers List
Table 190. Cutting Tools Market Trends
Table 191. Cutting Tools Market Drivers
Table 192. Cutting Tools Market Challenges
Table 193. Cutting Tools Market Restraints
Table 194. Research Programs/Design for This Report
Table 195. Key Data Information from Secondary Sources
Table 196. Key Data Information from Primary Sources
List of Figures
Figure 1. Cutting Tools Product Picture
Figure 2. Global Cutting Tools Sales (US$ Million) by Type (2020 & 2024 & 2031)
Figure 3. Global Cutting Tools Sales Market Share by Type in 2024 & 2031
Figure 4. Cemented Carbide Product Picture
Figure 5. High Speed Steel Product Picture
Figure 6. Ceramics Product Picture
Figure 7. Diamond Product Picture
Figure 8. Others Product Picture
Figure 9. Global Cutting Tools Sales (US$ Million) by Application (2020 & 2024 & 2031)
Figure 10. Global Cutting Tools Sales Market Share by Application in 2024 & 2031
Figure 11. Machinery Examples
Figure 12. Automotive Examples
Figure 13. Aerospace Examples
Figure 14. Energy Examples
Figure 15. Others Examples
Figure 16. Global Cutting Tools Sales, (US$ Million), 2020 VS 2024 VS 2031
Figure 17. Global Cutting Tools Sales Growth Rate (2020-2031) & (US$ Million)
Figure 18. Global Cutting Tools Sales (M Units) Growth Rate (2020-2031)
Figure 19. Global Cutting Tools Price Trends Growth Rate (2020-2031) & (USD/K Units)
Figure 20. Cutting Tools Report Years Considered
Figure 21. Global Market Cutting Tools Market Size (US$ Million) by Region:2020 VS 2024 VS 2031
Figure 22. Global Cutting Tools Revenue Market Share by Region: 2020 VS 2024
Figure 23. North America Cutting Tools Revenue (US$ Million) Growth Rate (2020-2031)
Figure 24. North America Cutting Tools Sales (M Units) Growth Rate (2020-2031)
Figure 25. Europe Cutting Tools Revenue (US$ Million) Growth Rate (2020-2031)
Figure 26. Europe Cutting Tools Sales (M Units) Growth Rate (2020-2031)
Figure 27. China Cutting Tools Revenue (US$ Million) Growth Rate (2020-2031)
Figure 28. China Cutting Tools Sales (M Units) Growth Rate (2020-2031)
Figure 29. Japan Cutting Tools Revenue (US$ Million) Growth Rate (2020-2031)
Figure 30. Japan Cutting Tools Sales (M Units) Growth Rate (2020-2031)
Figure 31. South Korea Cutting Tools Revenue (US$ Million) Growth Rate (2020-2031)
Figure 32. South Korea Cutting Tools Sales (M Units) Growth Rate (2020-2031)
Figure 33. Israel Cutting Tools Revenue (US$ Million) Growth Rate (2020-2031)
Figure 34. Israel Cutting Tools Sales (M Units) Growth Rate (2020-2031)
Figure 35. Global Cutting Tools Revenue Share by Type (2020-2025)
Figure 36. Global Cutting Tools Sales Share by Type (2026-2031)
Figure 37. Global Cutting Tools Revenue Share by Type (2026-2031)
Figure 38. Global Cutting Tools Revenue Share by Application (2020-2025)
Figure 39. Global Cutting Tools Revenue Growth Rate by Application in 2020 & 2024
Figure 40. Global Cutting Tools Sales Share by Application (2026-2031)
Figure 41. Global Cutting Tools Revenue Share by Application (2026-2031)
Figure 42. Global Cutting Tools Sales Share by Company (2024)
Figure 43. Global Cutting Tools Revenue Share by Company (2024)
Figure 44. Global 5 Largest Cutting Tools Players Market Share by Revenue in Cutting Tools: 2020 & 2024
Figure 45. Cutting Tools Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 46. Manufacturing Cost Structure of Cutting Tools
Figure 47. Manufacturing Process Analysis of Cutting Tools
Figure 48. Cutting Tools Industrial Chain
Figure 49. Channels of Distribution (Direct Vs Distribution)
Figure 50. Distributors Profiles
Figure 51. Bottom-up and Top-down Approaches for This Report
Figure 52. Data Triangulation
Figure 53. Key Executives Interviewed
KEY QUESTIONS ADDRESSED BY THE REPORT
What was the global market size of Cutting Tools in 2025?
The global market size of Cutting Tools in 2025 was 27940 Million USD.
What was the global market size of Cutting Tools in 2031?
What is the annual compound growth rate of the global Cutting Tools market size from 2025 to 2031?
Which companies rank high in the global Cutting Tools market?
Which region is expected to have the highest market share?
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