Market Overview:
The global diamond cutting tool 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 cutting tools in general metal fabrication, construction, heavy metal fabrication, shipbuilding & offshore, automotive and other applications. Asia Pacific is expected to be the fastest growing region during the forecast period followed by Europe and North America.
Product Definition:
A diamond tool is a cutting tool that employs diamonds as the primary cutting medium. Diamond tools are used in a wide range of applications, including mining, construction, quarrying and metalworking.
Solid:
Solid is a material that has consistent properties through all its phases. The most common solid materials are ceramics, metals and ice. Some other examples of solid are sugar, sand, and water; whereas some materials which appear solid at certain temperatures or pressures are gases such as nitrogen and hydrogen.
Usage: Solid is used in cutting tools for various applications such as metal cutting (such as steel), glass ( windshields & windows ), stone ( granite ) ice etc.
Indexable:
An indexable cutting tool is one which can be adjusted to any desired cutting edge or point by means of a handle, lever, or screw. The main function of these tools is to allow the user to make fine adjustments while using the same tool for different cuts. These are mostly used in applications where high accuracy and precision are required such as engraving and diamond cutting among others.
Application Insights:
The general metal fabricationation application segment led the global diamond cutting tool market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for high-performance tools from various general metal fabrications industries, such as automotive, construction and heavy machinery manufacturing.
Diamond tools are widely used in heavy machinery & equipment manufacturing owing to their ability to cut hard materials with precision and accuracy. They also have higher resistance against wear & tear resulting in lower maintenance costs over the long term which makes them highly advantageous compared with conventional machining techniques such as grinding or drilling processes. These factors are anticipated to drive product demand from heavy machinery applications over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing foreign investments in India, China, Japan, South Korea, Singapore and Malaysia. In 2015-2016, India received USD X billion FDI from various sectors including automotive and others. This investment is anticipated to boost production activities across several industries such as aerospace components manufacturing for domestic consumption as well as export purposes; heavy machinery manufacturing; oil & gas exploration activities etc.
The demand for diamond tools in Europe was valued at over USD X billion in 2017 owing to growing application scope across several industries including construction industry; shipbuilding sector etc., which requires large quantities of steel plate cutting operations on a regular basis. North America accounted for a significant share of revenue generation owing to presence of prominent players operating within U.S.
Growth Factors:
- Increasing demand for diamond cutting tools from the automotive and aerospace industries due to the growth of these sectors.
- Rising demand for diamond cutting tools in the construction industry due to the growth of infrastructure development projects around the world.
- Growing use of diamond cutting tools in medical applications such as dentistry and laparoscopic surgery.
- Increasing popularity of natural diamonds over synthetic diamonds, which is driving demand for diamond cutting tools used in jewelry making and other luxury applications.
Scope Of The Report
Report Attributes
Report Details
Report Title
Diamond Cutting Tool Market Research Report
By Type
Solid, Indexable
By Application
General Metal Fabrication, Construction, Heavy Metal Fabrication, Shipbuilding & Offshore, Automotive, Others
By Companies
Dixie Diamond, Mastertech Diamond, Abrasives, Gandtrack Ltd, Kyocera Corporation, OX Tools, ZENO TOOLS, Champion Cutting Tools, Bosun Tools, Noritake
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Diamond Cutting Tool Market Report Segments:
The global Diamond Cutting Tool market is segmented on the basis of:
Types
Solid, Indexable
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
General Metal Fabrication, Construction, Heavy Metal Fabrication, Shipbuilding & Offshore, Automotive, Others
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:
- Dixie Diamond
- Mastertech Diamond
- Abrasives
- Gandtrack Ltd
- Kyocera Corporation
- OX Tools
- ZENO TOOLS
- Champion Cutting Tools
- Bosun Tools
- Noritake
Highlights of The Diamond Cutting Tool 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:
- Solid
- Indexable
- By Application:
- General Metal Fabrication
- Construction
- Heavy Metal Fabrication
- Shipbuilding & Offshore
- Automotive
- Others
- 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 Cutting Tool 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 cutting tool is a special type of diamond saw that is used to cut diamonds.
Some of the major companies in the diamond cutting tool market are Dixie Diamond, Mastertech Diamond, Abrasives, Gandtrack Ltd, Kyocera Corporation, OX Tools, ZENO TOOLS, Champion Cutting Tools, Bosun Tools, Noritake.
The diamond cutting tool market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Diamond Cutting Tool 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 Cutting Tool Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Diamond Cutting Tool Market - Supply Chain
4.5. Global Diamond Cutting Tool Market Forecast
4.5.1. Diamond Cutting Tool Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Diamond Cutting Tool Market Size (000 Units) and Y-o-Y Growth
4.5.3. Diamond Cutting Tool Market Absolute $ Opportunity
5. Global Diamond Cutting Tool 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 Cutting Tool Market Size and Volume Forecast by Type
5.3.1. Solid
5.3.2. Indexable
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Diamond Cutting Tool 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 Cutting Tool Market Size and Volume Forecast by Application
6.3.1. General Metal Fabrication
6.3.2. Construction
6.3.3. Heavy Metal Fabrication
6.3.4. Shipbuilding & Offshore
6.3.5. Automotive
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Diamond Cutting Tool 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 Cutting Tool 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 Cutting Tool 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 Cutting Tool 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 Cutting Tool Demand Share Forecast, 2019-2026
9. North America Diamond Cutting Tool 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 Cutting Tool 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 Cutting Tool Market Size and Volume Forecast by Application
9.4.1. General Metal Fabrication
9.4.2. Construction
9.4.3. Heavy Metal Fabrication
9.4.4. Shipbuilding & Offshore
9.4.5. Automotive
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Diamond Cutting Tool Market Size and Volume Forecast by Type
9.7.1. Solid
9.7.2. Indexable
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 Cutting Tool Demand Share Forecast, 2019-2026
10. Latin America Diamond Cutting Tool 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 Cutting Tool 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 Cutting Tool Market Size and Volume Forecast by Application
10.4.1. General Metal Fabrication
10.4.2. Construction
10.4.3. Heavy Metal Fabrication
10.4.4. Shipbuilding & Offshore
10.4.5. Automotive
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Diamond Cutting Tool Market Size and Volume Forecast by Type
10.7.1. Solid
10.7.2. Indexable
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 Cutting Tool Demand Share Forecast, 2019-2026
11. Europe Diamond Cutting Tool 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 Cutting Tool 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 Cutting Tool Market Size and Volume Forecast by Application
11.4.1. General Metal Fabrication
11.4.2. Construction
11.4.3. Heavy Metal Fabrication
11.4.4. Shipbuilding & Offshore
11.4.5. Automotive
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Diamond Cutting Tool Market Size and Volume Forecast by Type
11.7.1. Solid
11.7.2. Indexable
11.8. Basis Pint Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth 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 Cutting Tool Demand Share, 2019-2026
12. Asia Pacific Diamond Cutting Tool 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 Cutting Tool 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 Cutting Tool Market Size and Volume Forecast by Application
12.4.1. General Metal Fabrication
12.4.2. Construction
12.4.3. Heavy Metal Fabrication
12.4.4. Shipbuilding & Offshore
12.4.5. Automotive
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Diamond Cutting Tool Market Size and Volume Forecast by Type
12.7.1. Solid
12.7.2. Indexable
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 Cutting Tool Demand Share, 2019-2026
13. Middle East & Africa Diamond Cutting Tool 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 Cutting Tool 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 Cutting Tool Market Size and Volume Forecast by Application
13.4.1. General Metal Fabrication
13.4.2. Construction
13.4.3. Heavy Metal Fabrication
13.4.4. Shipbuilding & Offshore
13.4.5. Automotive
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Diamond Cutting Tool Market Size and Volume Forecast by Type
13.7.1. Solid
13.7.2. Indexable
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 Cutting Tool Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Diamond Cutting Tool Market: Market Share Analysis
14.2. Diamond Cutting Tool Distributors and Customers
14.3. Diamond Cutting Tool Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Dixie Diamond
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Mastertech Diamond
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Abrasives
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Gandtrack Ltd
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kyocera Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. OX Tools
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ZENO TOOLS
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Champion Cutting Tools
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Bosun Tools
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Noritake
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
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
