Global Cutting Tools Competitive Landscape Professional Research Report 2025
Description
Global Cutting Tools Competitive Landscape Professional Research Report 2025
Research Summary
Cutting tools are specialized tools used in various machining and metalworking processes to remove material from a workpiece, shaping it into the desired form. These tools come in a wide range of types, including drills, end mills, turning tools, milling cutters, reamers, and taps, each designed for specific cutting operations. They are typically made from high-quality materials such as high-speed steel, carbide, or ceramic, chosen for their hardness, wear resistance, and ability to withstand high temperatures generated during cutting. Cutting tools are mounted onto machine tools, such as lathes, milling machines, and drills, and interact with the workpiece to remove material through cutting, grinding, or shearing actions. The correct selection and use of cutting tools are essential for achieving precise and efficient metal removal, ensuring dimensional accuracy, surface finish, and overall productivity in manufacturing and industrial processes across various sectors, including automotive, aerospace, engineering, and metal fabrication.
According to DIResearch's in-depth investigation and research, the global Cutting Tools market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.
The major global manufacturers of Cutting Tools include Sandvik, IMC Group, Mitsubishi, Kennametal, OSG, Sumitomo Electric, Mapal, Kyocera, Nachi-Fujikoshi, YG-1, ZCC·CT, Union Tool, Korloy, LMT, Jiangsu Tiangong Tools, Ceratizit, Shanghai Tool Works., OKE Precision Cutting Tools, Guhring, Tivoly etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Cutting Tools. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Cutting Tools market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Cutting Tools market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Cutting Tools industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Cutting Tools Include:
Sandvik
IMC Group
Mitsubishi
Kennametal
OSG
Sumitomo Electric
Mapal
Kyocera
Nachi-Fujikoshi
YG-1
ZCC·CT
Union Tool
Korloy
LMT
Jiangsu Tiangong Tools
Ceratizit
Shanghai Tool Works.
OKE Precision Cutting Tools
Guhring
Tivoly
Cutting Tools Product Segment Include:
Cemented Carbide Cutting Tools
High Speed Steel Cutting Tools
Ceramics Cutting Tools
Diamond Cutting Tools
Others
Cutting Tools Product Application Include:
Machinery
Automotive
Aerospace
Energy
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global Cutting Tools Industry PESTEL Analysis
Chapter 3: Global Cutting Tools Industry Porter’s Five Forces Analysis
Chapter 4: Global Cutting Tools Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis
Chapter 5: Global Cutting Tools Market Size and Forecast by Type and Application Analysis
Chapter 6: North America Cutting Tools Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 7: Europe Cutting Tools Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: China Cutting Tools Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: APAC (Excl. China) Cutting Tools Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: Latin America Cutting Tools Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Middle East and Africa Cutting Tools Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Global Cutting Tools Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 15: Research Findings and Conclusion
Chapter 16: Methodology and Data Sources
Table of Contents
170 Pages
- 1 Cutting Tools Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Cutting Tools Product by Type
- 1.2.1 Cemented Carbide Cutting Tools
- 1.2.2 High Speed Steel Cutting Tools
- 1.2.3 Ceramics Cutting Tools
- 1.2.4 Diamond Cutting Tools
- 1.2.5 Others
- 1.3 Cutting Tools Product by Application
- 1.3.1 Machinery
- 1.3.2 Automotive
- 1.3.3 Aerospace
- 1.3.4 Energy
- 1.3.5 Others
- 1.4 Global Cutting Tools Market Revenue and Sales Analysis
- 1.4.1 Global Cutting Tools Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Cutting Tools Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Cutting Tools Market Sales Price Trend Analysis (2020-2032)
- 1.5 Cutting Tools Industry Trends and Innovation
- 1.5.1 Cutting Tools Industry Trends and Innovation
- 1.5.2 Cutting Tools Market Drivers and Challenges
- 2 Cutting Tools Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 Cutting Tools Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global Cutting Tools Market Analysis by Regions
- 4.1 Cutting Tools Overall Market: 2024 VS 2025 VS 2032
- 4.2 Global Cutting Tools Revenue and Forecast Analysis (2020-2032)
- 4.2.1 Global Cutting Tools Revenue and Market Share by Region (2020-2025)
- 4.2.2 Global Cutting Tools Revenue and Market Share Forecast by Region (2026-2032)
- 4.3 Global Cutting Tools Sales and Forecast Analysis (2020-2032)
- 4.3.1 Global Cutting Tools Sales and Market Share by Region (2020-2025)
- 4.3.2 Global Cutting Tools Sales and Market Share Forecast by Region (2026-2032)
- 4.4 Global Cutting Tools Sales Price Trend Analysis (2020-2032)
- 5 Global Cutting Tools Market Size by Type and Application
- 5.1 Global Cutting Tools Market Size by Type
- 5.1.1 Global Cutting Tools Revenue and Forecast Analysis by Type (2020-2032)
- 5.1.2 Global Cutting Tools Sales and Forecast Analysis by Type (2020-2032)
- 5.2 Global Cutting Tools Market Size by Application
- 5.2.1 Global Cutting Tools Revenue and Forecast Analysis by Application (2020-2032)
- 5.2.2 Global Cutting Tools Sales and Forecast Analysis by Application (2020-2032)
- 6 North America
- 6.1 North America Cutting Tools Market Size and Growth Rate Analysis (2020-2032)
- 6.2 North America Key Manufacturers Analysis
- 6.3 North America Cutting Tools Market Size by Type
- 6.3.1 North America Cutting Tools Sales by Type (2020-2032)
- 6.3.2 North America Cutting Tools Revenue by Type (2020-2032)
- 6.4 North America Cutting Tools Market Size by Application
- 6.4.1 North America Cutting Tools Sales by Application (2020-2032)
- 6.4.2 North America Cutting Tools Revenue by Application (2020-2032)
- 6.5 North America Cutting Tools Market Size by Country
- 6.5.1 US
- 6.5.2 Canada
- 7 Europe
- 7.1 Europe Cutting Tools Market Size and Growth Rate Analysis (2020-2032)
- 7.2 Europe Key Manufacturers Analysis
- 7.3 Europe Cutting Tools Market Size by Type
- 7.3.1 Europe Cutting Tools Sales by Type (2020-2032)
- 7.3.2 Europe Cutting Tools Revenue by Type (2020-2032)
- 7.4 Europe Cutting Tools Market Size by Application
- 7.4.1 Europe Cutting Tools Sales by Application (2020-2032)
- 7.4.2 Europe Cutting Tools Revenue by Application (2020-2032)
- 7.5 Europe Cutting Tools Market Size by Country
- 7.5.1 Germany
- 7.5.2 France
- 7.5.3 United Kingdom
- 7.5.4 Italy
- 7.5.5 Spain
- 7.5.6 Benelux
- 8 China
- 8.1 China Cutting Tools Market Size and Growth Rate Analysis (2020-2032)
- 8.2 China Key Manufacturers Analysis
- 8.3 China Cutting Tools Market Size by Type
- 8.3.1 China Cutting Tools Sales by Type (2020-2032)
- 8.3.2 China Cutting Tools Revenue by Type (2020-2032)
- 8.4 China Cutting Tools Market Size by Application
- 8.4.1 China Cutting Tools Sales by Application (2020-2032)
- 8.4.2 China Cutting Tools Revenue by Application (2020-2032)
- 9 APAC (excl. China)
- 9.1 APAC (excl. China) Cutting Tools Market Size and Growth Rate Analysis (2020-2032)
- 9.2 APAC (excl. China) Key Manufacturers Analysis
- 9.3 APAC (excl. China) Cutting Tools Market Size by Type
- 9.3.1 APAC (excl. China) Cutting Tools Sales by Type (2020-2032)
- 9.3.2 APAC (excl. China) Cutting Tools Revenue by Type (2020-2032)
- 9.4 APAC (excl. China) Cutting Tools Market Size by Application
- 9.4.1 APAC (excl. China) Cutting Tools Sales by Application (2020-2032)
- 9.4.2 APAC (excl. China) Cutting Tools Revenue by Application (2020-2032)
- 9.5 APAC (excl. China) Cutting Tools Market Size by Country
- 9.5.1 Japan
- 9.5.2 South Korea
- 9.5.3 India
- 9.5.4 Australia
- 9.5.5 Southeast Asia
- 10 Latin America
- 10.1 Latin America Cutting Tools Market Size and Growth Rate Analysis (2020-2032)
- 10.2 Latin America Key Manufacturers Analysis
- 10.3 Latin America Cutting Tools Market Size by Type
- 10.3.1 Latin America Cutting Tools Sales by Type (2020-2032)
- 10.3.2 Latin America Cutting Tools Revenue by Type (2020-2032)
- 10.4 Latin America Cutting Tools Market Size by Application
- 10.4.1 Latin America Cutting Tools Sales by Application (2020-2032)
- 10.4.2 Latin America Cutting Tools Revenue by Application (2020-2032)
- 10.5 Latin America Cutting Tools Market Size by Country
- 10.6 Latin America Cutting Tools Market Size by Country
- 10.6.1 Mexico
- 10.6.2 Brazil
- 11 Middle East & Africa
- 11.1 Middle East & Africa Cutting Tools Market Size and Growth Rate Analysis (2020-2032)
- 11.2 Middle East & Africa Key Manufacturers Analysis
- 11.3 Middle East & Africa Cutting Tools Market Size by Type
- 11.3.1 Middle East & Africa Cutting Tools Sales by Type (2020-2032)
- 11.3.2 Middle East & Africa Cutting Tools Revenue by Type (2020-2032)
- 11.4 Middle East & Africa Cutting Tools Market Size by Application
- 11.4.1 Middle East & Africa Cutting Tools Sales by Application (2020-2032)
- 11.4.2 Middle East & Africa Cutting Tools Revenue by Application (2020-2032)
- 11.5 Middle East Cutting Tools Market Size by Country
- 11.5.1 Saudi Arabia
- 11.5.2 South Africa
- 12 Competition by Manufacturers
- 12.1 Global Cutting Tools Market Sales, Revenue and Price by Key Manufacturers (2021-2025)
- 12.1.1 Global Cutting Tools Market Sales by Key Manufacturers (2021-2025)
- 12.1.2 Global Cutting Tools Market Revenue by Key Manufacturers (2021-2025)
- 12.1.3 Global Cutting Tools Average Sales Price by Manufacturers (2021-2025)
- 12.2 Cutting Tools Competitive Landscape Analysis and Market Dynamic
- 12.2.1 Cutting Tools Competitive Landscape Analysis
- 12.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales
- 12.2.3 Market Dynamic
- 13 Key Companies Analysis
- 13.1 Sandvik
- 13.1.1 Sandvik Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.1.2 Sandvik Cutting Tools Product Portfolio
- 13.1.3 Sandvik Cutting Tools Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.2 IMC Group
- 13.2.1 IMC Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.2.2 IMC Group Cutting Tools Product Portfolio
- 13.2.3 IMC Group Cutting Tools Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.3 Mitsubishi
- 13.3.1 Mitsubishi Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.3.2 Mitsubishi Cutting Tools Product Portfolio
- 13.3.3 Mitsubishi Cutting Tools Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.4 Kennametal
- 13.4.1 Kennametal Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.4.2 Kennametal Cutting Tools Product Portfolio
- 13.4.3 Kennametal Cutting Tools Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.5 OSG
- 13.5.1 OSG Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.5.2 OSG Cutting Tools Product Portfolio
- 13.5.3 OSG Cutting Tools Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.6 Sumitomo Electric
- 13.6.1 Sumitomo Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.6.2 Sumitomo Electric Cutting Tools Product Portfolio
- 13.6.3 Sumitomo Electric Cutting Tools Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.7 Mapal
- 13.7.1 Mapal Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.7.2 Mapal Cutting Tools Product Portfolio
- 13.7.3 Mapal Cutting Tools Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.8 Kyocera
- 13.8.1 Kyocera Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.8.2 Kyocera Cutting Tools Product Portfolio
- 13.8.3 Kyocera Cutting Tools Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.9 Nachi-Fujikoshi
- 13.9.1 Nachi-Fujikoshi Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.9.2 Nachi-Fujikoshi Cutting Tools Product Portfolio
- 13.9.3 Nachi-Fujikoshi Cutting Tools Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.10 YG-1
- 13.10.1 YG-1 Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.10.2 YG-1 Cutting Tools Product Portfolio
- 13.10.3 YG-1 Cutting Tools Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.11 ZCC·CT
- 13.11.1 ZCC·CT Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.11.2 ZCC·CT Cutting Tools Product Portfolio
- 13.11.3 ZCC·CT Cutting Tools Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.12 Union Tool
- 13.12.1 Union Tool Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.12.2 Union Tool Cutting Tools Product Portfolio
- 13.12.3 Union Tool Cutting Tools Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.13 Korloy
- 13.13.1 Korloy Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.13.2 Korloy Cutting Tools Product Portfolio
- 13.13.3 Korloy Cutting Tools Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.14 LMT
- 13.14.1 LMT Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.14.2 LMT Cutting Tools Product Portfolio
- 13.14.3 LMT Cutting Tools Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.15 Jiangsu Tiangong Tools
- 13.15.1 Jiangsu Tiangong Tools Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.15.2 Jiangsu Tiangong Tools Cutting Tools Product Portfolio
- 13.15.3 Jiangsu Tiangong Tools Cutting Tools Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.16 Ceratizit
- 13.16.1 Ceratizit Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.16.2 Ceratizit Cutting Tools Product Portfolio
- 13.16.3 Ceratizit Cutting Tools Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.17 Shanghai Tool Works.
- 13.17.1 Shanghai Tool Works. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.17.2 Shanghai Tool Works. Cutting Tools Product Portfolio
- 13.17.3 Shanghai Tool Works. Cutting Tools Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.18 OKE Precision Cutting Tools
- 13.18.1 OKE Precision Cutting Tools Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.18.2 OKE Precision Cutting Tools Cutting Tools Product Portfolio
- 13.18.3 OKE Precision Cutting Tools Cutting Tools Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.19 Guhring
- 13.19.1 Guhring Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.19.2 Guhring Cutting Tools Product Portfolio
- 13.19.3 Guhring Cutting Tools Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.20 Tivoly
- 13.20.1 Tivoly Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.20.2 Tivoly Cutting Tools Product Portfolio
- 13.20.3 Tivoly Cutting Tools Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14 Industry Chain Analysis
- 14.1 Cutting Tools Industry Chain Analysis
- 14.2 Cutting Tools Industry Raw Material and Suppliers Analysis
- 14.2.1 Cutting Tools Key Raw Material Supply Analysis
- 14.2.2 Raw Material Suppliers and Contact Information
- 14.3 Cutting Tools Typical Downstream Customers
- 14.4 Cutting Tools Sales Channel Analysis
- 15 Research Findings and Conclusion
- 16 Methodology and Data Source
- 16.1 Methodology/Research Approach
- 16.2 Research Scope
- 16.3 Benchmarks and Assumptions
- 16.4 Date Source
- 16.4.1 Primary Sources
- 16.4.2 Secondary Sources
- 16.5 Data Cross Validation
- 16.6 Disclaimer
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