Global PCD & PCBN for Cutting Tools Market Growth 2025-2031

The global PCD & PCBN for Cutting Tools market size is predicted to grow from US$ 338 million in 2025 to US$ 481 million in 2031; it is expected to grow at a CAGR of 6.0% from 2025 to 2031.

PCD (Polycrystalline Diamond) and PCBN (Polycrystalline Cubic Boron Nitride) for cutting tools are composite inserts. PCD inserts have a cemented carbide substrate with a sintered polycrystalline diamond layer. They excel in machining non - ferrous metals and non - metals due to high hardness and wear resistance. PCBN inserts feature a carbide base with a sintered PCBN layer, suitable for machining hard ferrous metals like hardened steel and chilled cast iron, boosting cutting performance in machining.

United States market for PCD & PCBN for 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 PCD & PCBN for 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 PCD & PCBN for 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 PCD & PCBN for Cutting Tools players cover Element Six, ILJIN, Hyperion, ZhengZhou New Asia, SF Diamond, 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 “PCD & PCBN for Cutting Tools Industry Forecast” looks at past sales and reviews total world PCD & PCBN for Cutting Tools sales in 2024, providing a comprehensive analysis by region and market sector of projected PCD & PCBN for Cutting Tools sales for 2025 through 2031. With PCD & PCBN for Cutting Tools sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world PCD & PCBN for Cutting Tools industry.

This Insight Report provides a comprehensive analysis of the global PCD & PCBN for 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 analyzes the strategies of leading global companies with a focus on PCD & PCBN for Cutting Tools portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global PCD & PCBN for Cutting Tools market.

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

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

Segmentation by Type:
PCD
PCBN

Segmentation by Application:
Automotive
Aerospace
Oil and Gas
Machinery
Wood
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.
Element Six
ILJIN
Hyperion
ZhengZhou New Asia
SF Diamond
Tomei Diamond
Resonac
Huanghe Whirlwind
Zhongnan Diamond
CR GEMS
Henan Funik
Henan Yalong Diamond Tools
ADICO

Key Questions Addressed in this Report

What is the 10-year outlook for the global PCD & PCBN for Cutting Tools market?

What factors are driving PCD & PCBN for Cutting Tools market growth, globally and by region?

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

How do PCD & PCBN for Cutting Tools market opportunities vary by end market size?

How does PCD & PCBN for Cutting Tools break out by Type, by Application?

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