Global PCD and PCBN Tool Material Market Growth 2025-2031

The global PCD and PCBN Tool Material market size is predicted to grow from US$ 307 million in 2025 to US$ 430 million in 2031; it is expected to grow at a CAGR of 5.8% from 2025 to 2031.

PCD (Polycrystalline Diamond) and PCBN (Polycrystalline Cubic Boron Nitride) tool materials are advanced superhard materials widely used in precision machining and high-performance cutting applications. Both materials can significantly extend tool life and improve machining efficiency in demanding industries such as automotive, aerospace and electronics.

The market for PCD (Polycrystalline Diamond) and PCBN (Polycrystalline Cubic Boron Nitride) tool materials is showing a steady growth trend. This is mainly due to the increasing demand for high-performance cutting tools in industries such as automobiles, aerospace and machinery manufacturing. Especially when processing difficult-to-process materials such as high-strength alloys and composite materials, PCD and PCBN tools show incomparable advantages. With the improvement of the degree of automation in the manufacturing industry and the improvement of production efficiency and product quality requirements, the market demand for these two superhard materials continues to expand.

In the future, the market for PCD and PCBN tool materials is expected to continue to maintain a good development momentum. With the development of electric vehicles, intelligent manufacturing and green manufacturing technologies, the demand for efficient and precision processing will further increase, providing new application scenarios and development opportunities for PCD and PCBN tools.

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

This Insight Report provides a comprehensive analysis of the global PCD and PCBN Tool Material 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 and PCBN Tool Material portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global PCD and PCBN Tool Material market.

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

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

Segmentation by Type:
PCD
PCBN

Segmentation by Application:
Automotive
Machinery Industry
Aerospace
Electronic
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
Hyperion Materials & Technologies
ILJIN GROUP
SF Diamond
ZhengZhou New Asia
Tomei Diamond
Resonac
Huanghe Whirlwind
Zhongnan Diamond
CR GEMS
Henan Funik
Henan Yalong Diamond Tools

Key Questions Addressed in this Report

What is the 10-year outlook for the global PCD and PCBN Tool Material market?

What factors are driving PCD and PCBN Tool Material market growth, globally and by region?

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

How do PCD and PCBN Tool Material market opportunities vary by end market size?

How does PCD and PCBN Tool Material break out by Type, by Application?

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