Market Overview:
The global diamond core drill rods market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for diamond core drill rods in mining and construction applications. In terms of type, bonded diamond core drill rods are expected to dominate the market during the forecast period, owing to their high wear resistance and superior performance as compared to other types of diamond core drill rods. In terms of region, North America is expected to lead the global diamond core drill rods market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
Diamond core drill rods are used to create a hole in a material by using a rotating drill bit. The bit is attached to the end of the rod, which is then inserted into the material. As the bit rotates, it removes material from the hole, creating a cylindrical hole.
Bonded:
Bonded is a high strength, durable core drill rod used in applications where high torque and speed are required. It has the ability to cut through hard rocks with ease due to its higher density. Bonded drill rods are manufactured using either synthetic or natural fibers depending on the type of rock drilling operation being carried out.
Sintered:
Sintered diamond core drill rods are made of extremely pure and high-quality industrial diamonds. These products have a very high degree of hardness, around 9 on the Mohs scale, which is much higher than natural diamonds. The product has several advantages over conventional ones including low thermal expansion and better wear resistance among others. Sintered products also display superior electrical properties as compared to their counterparts which makes them highly suitable for applications such as electric drills or saw blades among others.
Application Insights:
The mining application segment accounted for the largest revenue share of over 40% in 2017. The demand for diamond core drill rods is expected to increase at a significant pace owing to its ability to penetrate hard rocks with low thermal conductivity, which helps in avoiding excess heat dissipation and drilling fluid circulation around the rod. Furthermore, these products are used as replacement of carbide-tipped steel drills due to their high penetration rate and toughness that aids in reducing machining time by half while increasing productivity.
The construction application segment is expected to expand at a CAGR of XX% from 2018 to 2030 owingto an increase in infrastructure development across the globe on account of rising population coupled with urbanization has led constructions activities across various projects including office buildings, residential complexes, hotels and restaurants etc., which requires large number of core samples for planning purposes or designing new structures according to client requirements.
Regional Analysis:
Asia Pacific dominated the global diamond core drill rods market in 2017. The region is expected to continue its dominance over the forecast period as well owing to increasing mining activities and rapid urbanization in emerging economies such as China, India, and Indonesia. In addition, rising government spending on infrastructure development is anticipated to drive demand for core drilling machines across these countries over the next eight years.
The North America regional market held a revenue share of around 15% in 2017 owing to high demand from oil & gas exploration activities coupled with stringent regulatory scenario pertaining to environment protection acts against carbon emission which has led operators toward using less harmful fuel sources for drilling operations including natural gas-powered machines instead of diesel-powered ones. This factor is also projected to have a positive impact on industry growth over the coming years.
Growth Factors:
- Increasing demand for diamond core drill rods from the construction and mining industries as they offer high performance and durability.
- Rising awareness about the benefits of using diamond core drill rods in various applications is propelling their demand across the globe.
- The increasing use of diamond core drill rods in horizontal drilling is contributing to their growth in the market.
- Growing investments by key players in research and development activities to develop innovative products is fueling the growth of this market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Diamond Core Drill Rods Market Research Report
By Type
Bonded, Sintered
By Application
Mining, Construction
By Companies
Sandvik, Tube Technologies, Matrix, DATC, Technidrill, Boart Longyear, MBI Drilling Products, Taesung, NLC Company, Di-Corp, Barkom, Atlas Copco (Epiroc), Fordia, Xuanhua Jinke Drilling Machinery
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Diamond Core Drill Rods Market Report Segments:
The global Diamond Core Drill Rods market is segmented on the basis of:
Types
Bonded, Sintered
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mining, Construction
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sandvik
- Tube Technologies
- Matrix
- DATC
- Technidrill
- Boart Longyear
- MBI Drilling Products
- Taesung
- NLC Company
- Di-Corp
- Barkom
- Atlas Copco (Epiroc)
- Fordia
- Xuanhua Jinke Drilling Machinery
Highlights of The Diamond Core Drill Rods Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bonded
- Sintered
- By Application:
- Mining
- Construction
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Diamond Core Drill Rods Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Diamond core drill rods are a type of drill rod made from diamond-tipped bits. They are used to make holes in hard materials, such as stone or metal.
Some of the major companies in the diamond core drill rods market are Sandvik, Tube Technologies, Matrix, DATC, Technidrill, Boart Longyear, MBI Drilling Products, Taesung, NLC Company, Di-Corp, Barkom, Atlas Copco (Epiroc), Fordia, Xuanhua Jinke Drilling Machinery.
The diamond core drill rods market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Diamond Core Drill Rods Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Diamond Core Drill Rods Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Diamond Core Drill Rods Market - Supply Chain
4.5. Global Diamond Core Drill Rods Market Forecast
4.5.1. Diamond Core Drill Rods Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Diamond Core Drill Rods Market Size (000 Units) and Y-o-Y Growth
4.5.3. Diamond Core Drill Rods Market Absolute $ Opportunity
5. Global Diamond Core Drill Rods Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Diamond Core Drill Rods Market Size and Volume Forecast by Type
5.3.1. Bonded
5.3.2. Sintered
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Diamond Core Drill Rods Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Diamond Core Drill Rods Market Size and Volume Forecast by Application
6.3.1. Mining
6.3.2. Construction
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Diamond Core Drill Rods Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Diamond Core Drill Rods Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Diamond Core Drill Rods Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Diamond Core Drill Rods Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Diamond Core Drill Rods Demand Share Forecast, 2019-2026
9. North America Diamond Core Drill Rods Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Diamond Core Drill Rods Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Diamond Core Drill Rods Market Size and Volume Forecast by Application
9.4.1. Mining
9.4.2. Construction
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Diamond Core Drill Rods Market Size and Volume Forecast by Type
9.7.1. Bonded
9.7.2. Sintered
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Diamond Core Drill Rods Demand Share Forecast, 2019-2026
10. Latin America Diamond Core Drill Rods Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Diamond Core Drill Rods Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Diamond Core Drill Rods Market Size and Volume Forecast by Application
10.4.1. Mining
10.4.2. Construction
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Diamond Core Drill Rods Market Size and Volume Forecast by Type
10.7.1. Bonded
10.7.2. Sintered
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Diamond Core Drill Rods Demand Share Forecast, 2019-2026
11. Europe Diamond Core Drill Rods Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Diamond Core Drill Rods Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Diamond Core Drill Rods Market Size and Volume Forecast by Application
11.4.1. Mining
11.4.2. Construction
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Diamond Core Drill Rods Market Size and Volume Forecast by Type
11.7.1. Bonded
11.7.2. Sintered
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growh Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Diamond Core Drill Rods Demand Share, 2019-2026
12. Asia Pacific Diamond Core Drill Rods Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Diamond Core Drill Rods Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Diamond Core Drill Rods Market Size and Volume Forecast by Application
12.4.1. Mining
12.4.2. Construction
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Diamond Core Drill Rods Market Size and Volume Forecast by Type
12.7.1. Bonded
12.7.2. Sintered
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Diamond Core Drill Rods Demand Share, 2019-2026
13. Middle East & Africa Diamond Core Drill Rods Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Diamond Core Drill Rods Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Diamond Core Drill Rods Market Size and Volume Forecast by Application
13.4.1. Mining
13.4.2. Construction
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Diamond Core Drill Rods Market Size and Volume Forecast by Type
13.7.1. Bonded
13.7.2. Sintered
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Diamond Core Drill Rods Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Diamond Core Drill Rods Market: Market Share Analysis
14.2. Diamond Core Drill Rods Distributors and Customers
14.3. Diamond Core Drill Rods Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sandvik
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Tube Technologies
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Matrix
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. DATC
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Technidrill
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Boart Longyear
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. MBI Drilling Products
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Taesung
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. NLC Company
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Di-Corp
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Barkom
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Atlas Copco (Epiroc)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Fordia
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Xuanhua Jinke Drilling Machinery
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
