Global Diamond and CBN Cutting Tools Market Growth (Status and Outlook) 2025-2031

The global Diamond and CBN Cutting Tools market size is predicted to grow from US$ 1240 million in 2025 to US$ 1680 million in 2031; it is expected to grow at a CAGR of 5.2% from 2025 to 2031.

Diamond and CBN cutting tools are precision tools used in machining applications that require high hardness, wear resistance, and thermal stability. Diamond cutting tools, typically made from polycrystalline diamond (PCD) or single-crystal diamond (SCD), are ideal for cutting non-ferrous metals, composites, and ceramics. Cubic boron nitride (CBN) cutting tools, often made from polycrystalline CBN (PCBN), are used for machining hardened steels, cast irons, and superalloys due to their superior hardness and thermal resistance.

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

Global key Diamond and CBN Cutting Tools players cover Tokyo Diamond, A.L.M.T. Corp., EISEN, Ogura, Halcyon, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

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

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Diamond and CBN Cutting Tools 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 Diamond and CBN Cutting Tools.

This report presents a comprehensive overview, market shares, and growth opportunities of Diamond and CBN Cutting Tools market by product type, application, key players and key regions and countries.

Segmentation by Type:
Diamond Cutting Tools
CBN Cutting Tools

Segmentation by Application:
Optical, Lens and Resins
Electronics
Automotive
Medical and Aerospace
Other (e.g. Jewelry)

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 analyzing the company's coverage, product portfolio, its market penetration.
Tokyo Diamond
A.L.M.T. Corp.
EISEN
Ogura
Halcyon
Gold Technic
Contour Fine Tooling
Chardon Tool
Asahi Diamond Industrial
Shanghai Nagoya Precision Tools
Zhengzhou Diamond
Nachi Fujikoshi
Sumitomo Electric

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