Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Form Milling Cutters Market by Type (Carbide, Diamond, High-speed Steel, Others), By Application (Machinery, Automobile, Airplane, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Form Milling Cutters Market by Type (Carbide, Diamond, High-speed Steel, Others), By Application (Machinery, Automobile, Airplane, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 157817 3300 Machinery & Equipment 377 246 Pages 4.7 (47)

Market Overview:

The global form milling cutters market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for form milling cutters in various applications such as machinery, automobile, and airplane. Additionally, the growing demand for high-speed steel form milling cutters is also contributing to the growth of this market. However, factors such as volatility in raw material prices and stringent government regulations are restraining the growth of this market. On the basis of type, carbide form milling cutters are expected to dominate the global market during the forecast period from 2018 to 2030. This can be attributed to their superior properties such as hardness and wear resistance when compared with other types of form milling cutters available in the market.

Global Form Milling Cutters Industry Outlook

Product Definition:

Form milling cutters are used to produce a variety of shapes in the workpiece. They are typically used in high-speed machining operations.


Carbide is a solid, crystalline, and extremely hard material. It is produced by the slow combustion of hydrocarbons such as coal, petroleum oil or natural gas. The chemical formula for carbide is CaC2. Carbides are used in numerous applications ranging from cutting tools to abrasives and cement materials; they are also used as fuel additives in steel manufacturing and as catalysts in petroleum refining processes.


The diamond is a naturally occurring solid material, which is made up of carbon atoms. It can be categorized as an industrial abrasive and cutting tool. The hardness or toughness of the diamond depends on its chemical properties and size. The small or fine diamonds have low toughness whereas large ones have high toughness owing to internal friction caused due to their shape and structure.

Application Insights:

The machinery application segment accounted for the largest revenue share of over 50% in 2017. The global form milling cutters market is witnessing significant growth on account of increasing demand from construction, mining and metal processing industries. Form mills are widely used to produce high-quality steel sheets with accurate thicknesses that meet various industrial standards.

Form mills have a large number of applications in the automobile industry as they provide higher precision while machining complex parts with tight tolerances, such as gear tooth profiles and camshafts. They also find extensive usage across the aerospace industry to produce critical components that are required by different aircraft models, including engine cams, bearing bushes for jet engines and air guides for turbines blades among others.

Regional Analysis:

Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, and Japan. These countries are among the largest consumers of form milling cutters owing to their increasing industrialization along with rapid growth in automotive production.

The European region accounted for a significant share of global revenue in 2017 due to high demand from numerous end-use industries across Germany, Italy, France, U.K., and other Eastern European countries. North America emerged as the second-largest regional market on account of rising product adoption across various application segments including aerospace & defense industry coupled with growing machinery manufacturing sector within U.S.

Latin America also holds immense potential for industry expansion owing to presence of major automobile manufacturers such as Volkswagen Group; BMW Group; Daimler AG; Mercedes Benz AG DaimlerChrysler LLC.

Growth Factors:

  • Increasing demand for miniaturized components in various industries
  • Growing trend of using machining instead of traditional manufacturing processes
  • Rising demand for high-precision components in the automotive and aerospace industries
  • Proliferation of 3D printing technology and its increasing adoption by manufacturers
  • Growing popularity of Form Milling Cutters among small- and medium-sized businesses

Scope Of The Report

Report Attributes

Report Details

Report Title

Form Milling Cutters Market Research Report

By Type

Carbide, Diamond, High-speed Steel, Others

By Application

Machinery, Automobile, Airplane, Others

By Companies

FRAISA, Friedrich Gloor AG, ZPS - FREZOVACI NASTROJE, Carmon, Leitz, Makina Takim Endüstrisi A.S, EMUGE FRANKEN, Hufschmied Zerspanungssysteme, FREZITE

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Form Milling Cutters Market Report Segments:

The global Form Milling Cutters market is segmented on the basis of:


Carbide, Diamond, High-speed Steel, Others

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.


Machinery, Automobile, Airplane, 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:

  2. Friedrich Gloor AG
  4. Carmon
  5. Leitz
  6. Makina Takim Endüstrisi A.S
  8. Hufschmied Zerspanungssysteme

Global Form Milling Cutters Market Overview

Highlights of The Form Milling Cutters Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Carbide
    2. Diamond
    3. High-speed Steel
    4. Others
  1. By Application:

    1. Machinery
    2. Automobile
    3. Airplane
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Form Milling Cutters 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

Global Form Milling Cutters Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Form milling cutters are used to create intricate shapes from a variety of materials, including metals and plastics. They are typically powered by a motor and have various cutting edges that can be adjusted to create different shapes.

Some of the major companies in the form milling cutters market are FRAISA, Friedrich Gloor AG, ZPS - FREZOVACI NASTROJE, Carmon, Leitz, Makina Takim EndƒÂ¼strisi A.S, EMUGE FRANKEN, Hufschmied Zerspanungssysteme, FREZITE.

The form milling cutters 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. Form Milling Cutters 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. Form Milling Cutters Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Form Milling Cutters Market - Supply Chain
   4.5. Global Form Milling Cutters Market Forecast
      4.5.1. Form Milling Cutters Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Form Milling Cutters Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Form Milling Cutters Market Absolute $ Opportunity

5. Global Form Milling Cutters 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. Form Milling Cutters Market Size and Volume Forecast by Type
      5.3.1. Carbide
      5.3.2. Diamond
      5.3.3. High-speed Steel
      5.3.4. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Form Milling Cutters 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. Form Milling Cutters Market Size and Volume Forecast by Application
      6.3.1. Machinery
      6.3.2. Automobile
      6.3.3. Airplane
      6.3.4. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Form Milling Cutters 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. Form Milling Cutters 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 Form Milling Cutters 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. Form Milling Cutters 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 Form Milling Cutters Demand Share Forecast, 2019-2026

9. North America Form Milling Cutters 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 Form Milling Cutters 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 Form Milling Cutters Market Size and Volume Forecast by Application
      9.4.1. Machinery
      9.4.2. Automobile
      9.4.3. Airplane
      9.4.4. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Form Milling Cutters Market Size and Volume Forecast by Type
      9.7.1. Carbide
      9.7.2. Diamond
      9.7.3. High-speed Steel
      9.7.4. Others
   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 Form Milling Cutters Demand Share Forecast, 2019-2026

10. Latin America Form Milling Cutters 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 Form Milling Cutters 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 Form Milling Cutters Market Size and Volume Forecast by Application
      10.4.1. Machinery
      10.4.2. Automobile
      10.4.3. Airplane
      10.4.4. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Form Milling Cutters Market Size and Volume Forecast by Type
      10.7.1. Carbide
      10.7.2. Diamond
      10.7.3. High-speed Steel
      10.7.4. Others
   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 Form Milling Cutters Demand Share Forecast, 2019-2026

11. Europe Form Milling Cutters 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 Form Milling Cutters 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 Form Milling Cutters Market Size and Volume Forecast by Application
      11.4.1. Machinery
      11.4.2. Automobile
      11.4.3. Airplane
      11.4.4. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Form Milling Cutters Market Size and Volume Forecast by Type
      11.7.1. Carbide
      11.7.2. Diamond
      11.7.3. High-speed Steel
      11.7.4. Others
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Grwth 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 Form Milling Cutters Demand Share, 2019-2026

12. Asia Pacific Form Milling Cutters 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 Form Milling Cutters 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 Form Milling Cutters Market Size and Volume Forecast by Application
      12.4.1. Machinery
      12.4.2. Automobile
      12.4.3. Airplane
      12.4.4. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Form Milling Cutters Market Size and Volume Forecast by Type
      12.7.1. Carbide
      12.7.2. Diamond
      12.7.3. High-speed Steel
      12.7.4. Others
   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 Form Milling Cutters Demand Share, 2019-2026

13. Middle East & Africa Form Milling Cutters 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 Form Milling Cutters 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 Form Milling Cutters Market Size and Volume Forecast by Application
      13.4.1. Machinery
      13.4.2. Automobile
      13.4.3. Airplane
      13.4.4. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Form Milling Cutters Market Size and Volume Forecast by Type
      13.7.1. Carbide
      13.7.2. Diamond
      13.7.3. High-speed Steel
      13.7.4. Others
   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 Form Milling Cutters Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Form Milling Cutters Market: Market Share Analysis
   14.2. Form Milling Cutters Distributors and Customers
   14.3. Form Milling Cutters Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. FRAISA Overview Financials Developments Strategic Outlook
      14.4.2. Friedrich Gloor AG Overview Financials Developments Strategic Outlook
      14.4.3. ZPS - FREZOVACI NASTROJE Overview Financials Developments Strategic Outlook
      14.4.4. Carmon Overview Financials Developments Strategic Outlook
      14.4.5. Leitz Overview Financials Developments Strategic Outlook
      14.4.6. Makina Takim Endüstrisi A.S Overview Financials Developments Strategic Outlook
      14.4.7. EMUGE FRANKEN Overview Financials Developments Strategic Outlook
      14.4.8. Hufschmied Zerspanungssysteme Overview Financials Developments Strategic Outlook
      14.4.9. FREZITE Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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