Global Cutting Tools of Cemented Carbide Market Growth 2025-2031

The global Cutting Tools of Cemented Carbide market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Cutting Tools of Cemented Carbide, also known as carbide tools or carbide inserts, are blades made of a carbide material that are commonly used for cutting, milling, drilling and other operations in metal cutting and machining processes. Carbide is usually co-fired with tungsten carbide (WC) particles and metal powders such as cobalt (Co) or nickel (Ni) to form a blade with high hardness and wear resistance.

United States market for Cutting Tools of Cemented Carbide is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Cutting Tools of Cemented Carbide is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Cutting Tools of Cemented Carbide is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Cutting Tools of Cemented Carbide players cover Kennametal, Mapal, Sandvik, OSG, Kyocera, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Cutting Tools of Cemented Carbide Industry Forecast” looks at past sales and reviews total world Cutting Tools of Cemented Carbide sales in 2024, providing a comprehensive analysis by region and market sector of projected Cutting Tools of Cemented Carbide sales for 2025 through 2031. With Cutting Tools of Cemented Carbide sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cutting Tools of Cemented Carbide industry.

This Insight Report provides a comprehensive analysis of the global Cutting Tools of Cemented Carbide landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cutting Tools of Cemented Carbide portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cutting Tools of Cemented Carbide market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cutting Tools of Cemented Carbide and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cutting Tools of Cemented Carbide.

This report presents a comprehensive overview, market shares, and growth opportunities of Cutting Tools of Cemented Carbide market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Carbide End Mills
Carbide Inserts
Carbide Drills
Others

Segmentation by Application:
Automotive
Aerospace
Machinery
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Kennametal
Mapal
Sandvik
OSG
Kyocera
IMC Group
Mitsubishi
Sumitomo Electric
LMT
YG-1
Union Tool
Nachi-Fujikoshi
Ceratizit
Korloy
OKE Precision Cutting Tools
Jiangsu Tiangong Tools
Shanghai Tool Works

Key Questions Addressed in this Report

What is the 10-year outlook for the global Cutting Tools of Cemented Carbide market?

What factors are driving Cutting Tools of Cemented Carbide market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Cutting Tools of Cemented Carbide market opportunities vary by end market size?

How does Cutting Tools of Cemented Carbide break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.