Global Cutting Tool Inserts Market 2026-2030

Global Cutting Tool Inserts Market 2026-2030

The global cutting tool inserts market is forecasted to grow by USD 2439.3 mn during 2025-2030, accelerating at a CAGR of 6.0% during the forecast period. The report on the global cutting tool inserts market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advancements in coating technologies and substrate innovations, resurgence and expansion of aerospace and defense sector, integration of digital manufacturing and sustainability initiatives.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's global cutting tool inserts market is segmented as below:

By Application

• Milling tool inserts
• Drilling tool inserts
• Rotary tool inserts
• Turning tool inserts
• Others

By Type

• Carbide tool inserts
• CBN inserts
• Ceramic inserts
• Others

By Product Type

• Metal machining
• Plastic machining
• Woodworking
• Composite materials

Geography

• APAC
• China
• Japan
• India
• South Korea
• Taiwan
• Indonesia
• Europe
• Germany
• Italy
• France
• UK
• Spain
• The Netherlands
• North America
• US
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Colombia
• Middle East and Africa
• UAE
• South Africa
• Egypt
• Turkey
• Rest of World (ROW)

This study identifies the advancement of high-performance materials and coating technologies as one of the prime reasons driving the global cutting tool inserts market growth during the next few years. Also, imperative of sustainability and circular supply chains and evolution of high-performance grades for strategic industries will lead to sizable demand in the market.

The report on the global cutting tool inserts market covers the following areas:

• Global cutting tool inserts market sizing
• Global cutting tool inserts market forecast
• Global cutting tool inserts market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global cutting tool inserts market vendors that include ARCH Cutting Tools, Asahi Diamond Industrial Ltd., B.R. Meccanica Italy, CERATIZIT SA, Element Six UK Ltd., ILJIN Diamond Co. Ltd., International Metalworking Co, ISCAR Ltd., Kennametal Inc., Knight Carbide Inc., KYOCERA Corp., LOVEJOY Tool Co. Inc., Mitsubishi Materials Corp., NACHI FUJIKOSHI Corp., Sandvik AB, Seco Tools AB, Sumitomo Corp., Tungaloy Corp., Tyrolit Schleifmittelwerke KG. Also, the global cutting tool inserts market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth. Show more