Market Overview:
The global bimetal band saw blade 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 bimetal band saw blades from various end-use industries, such as automotive, aerospace, and construction. In terms of type, the universal type segment is expected to hold a major share of the global market during the forecast period. This can be attributed to its ability to cut a wide range of materials with high accuracy and precision. In terms of application, alloy steel is projected to be one of the fastest-growing segments during the forecast period owing to its increasing use in various end-use industries such as automotive and aerospace.
Product Definition:
A bimetal band saw blade is a type of cutting tool that is composed of two different types of metal. The blade is usually made from high-carbon steel and chromium-molybdenum steel. This combination allows the blade to have both the strength and hardness to cut through tough materials, as well as the ability to resist wear and tear. Bimetal band saw blades are commonly used in metalworking applications, where they are able to quickly and easily cut through metals such as aluminum, brass, copper, and iron.
Universal Type:
The global bimetric type universal saw blade market size was valued at USD 5.0 billion in 2015 and is expected to witness significant growth over the forecast period owing to its rising demand from metal cutting applications in various end-use industries including construction, automotive, aerospace & defense and furniture. The growing demand for these products on account of their ability to cut both thick as well as thin materials with equal efficiency is expected to drive industry growth over the next seven years.
High Sensitivity Type:
High sensitivity type is a kind of steel that has been processed to increase the carbon content in it. It is used in making bimetal band saw blades, which are widely used for cutting metals and other engineering materials. The product helps to cut through tough material by increasing the speed of teeth on the blade and also reduces friction between blade and workpiece, thus improving efficiency.
The global high sensitivity type market size was valued at USD 1.5 billion in 2016.
Application Insights:
The global demand for bimetal band saw blades has witnessed a paradigm shift due to the growing awareness regarding energy conservation. The use of these products in residential, commercial and industrial construction activities has resulted in an increased demand across the globe. In addition, stringent government regulations on energy consumption have driven the market growth over the recent years.
Stainless steel is expected to be one of the prominent segments owing to its high resistance against corrosion caused by chlorides and sulfates in water and organic substances like blood or tissue fluids present in human body. These factors are anticipated to drive product demand from 2017 to 2030 as compared with other metals such as tool steel or alloy steel during this period which will result into higher revenue generation for BBSW globally over 2018-2030 period.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well. This can be attributed to increasing product demand from various sectors, including automotive, construction and manufacturing industries of India and China. In addition, rising disposable income coupled with rapid urbanization in these countries is anticipated to fuel product demand further.
Europe accounted for a significant share of global revenue in 2017 owing to high consumption rates of bimetal band saw blades across several end-use industries such as metal cutting, woodworking and drilling & blasting operations for steel molding applications among others). North America also holds a considerable share due to growing usage rates for drilling & blasting operations onsite or offsite with portable machines or fixed installations such as offshore platforms among others) across numerous industries including oil & gas industry (drilling), mining industry (blast furnace) among others).
Growth Factors:
- Increasing demand for bimetal band saw blades from the automotive and aerospace industries due to their high strength-to-weight ratio and corrosion resistance.
- Growing popularity of bimetal band saw blades among DIY enthusiasts and home handymen due to their superior cutting performance over conventional steel blades.
- Rising demand for customized bimetal band saw blades in order to meet specific application requirements.
- Technological advancements that have led to the development of new grades of bimetal alloys with improved wear resistance and toughness properties.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bimetal Band Saw Blade Market Research Report
By Type
Universal Type, High Sensitivity Type, Others
By Application
Alloy Steel, Mold Steel, Tool Steel, Stainless Steel, Other
By Companies
Bichamp, Fitcut, Share, Amada, NSS, YCC, BAHCO, Simonds, Reynolds, WIKUS
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
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Bimetal Band Saw Blade Market Report Segments:
The global Bimetal Band Saw Blade market is segmented on the basis of:
Types
Universal Type, High Sensitivity Type, 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.
Applications
Alloy Steel, Mold Steel, Tool Steel, Stainless Steel, Other
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:
- Bichamp
- Fitcut
- Share
- Amada
- NSS
- YCC
- BAHCO
- Simonds
- Reynolds
- WIKUS
Highlights of The Bimetal Band Saw Blade 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:
- Universal Type
- High Sensitivity Type
- Others
- By Application:
- Alloy Steel
- Mold Steel
- Tool Steel
- Stainless Steel
- Other
- 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 Bimetal Band Saw Blade 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.
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- Correctly Positioning New Products
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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?
A bimetal band saw blade is a type of saw blade that has two different metals bonded together along one edge. This creates a stronger and more durable blade that can handle tougher cuts than traditional blades made from just one metal.
Some of the key players operating in the bimetal band saw blade market are Bichamp, Fitcut, Share, Amada, NSS, YCC, BAHCO, Simonds, Reynolds, WIKUS.
The bimetal band saw blade market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bimetal Band Saw Blade Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Bimetal Band Saw Blade Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Bimetal Band Saw Blade Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Bimetal Band Saw Blade Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Bimetal Band Saw Blade Market Size & Forecast, 2018-2028 4.5.1 Bimetal Band Saw Blade Market Size and Y-o-Y Growth 4.5.2 Bimetal Band Saw Blade Market Absolute $ Opportunity
Chapter 5 Global Bimetal Band Saw Blade Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bimetal Band Saw Blade Market Size Forecast by Type
5.2.1 Universal Type
5.2.2 High Sensitivity Type
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bimetal Band Saw Blade Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bimetal Band Saw Blade Market Size Forecast by Applications
6.2.1 Alloy Steel
6.2.2 Mold Steel
6.2.3 Tool Steel
6.2.4 Stainless Steel
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bimetal Band Saw Blade Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bimetal Band Saw Blade Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bimetal Band Saw Blade Analysis and Forecast
9.1 Introduction
9.2 North America Bimetal Band Saw Blade Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bimetal Band Saw Blade Market Size Forecast by Type
9.6.1 Universal Type
9.6.2 High Sensitivity Type
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bimetal Band Saw Blade Market Size Forecast by Applications
9.10.1 Alloy Steel
9.10.2 Mold Steel
9.10.3 Tool Steel
9.10.4 Stainless Steel
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bimetal Band Saw Blade Analysis and Forecast
10.1 Introduction
10.2 Europe Bimetal Band Saw Blade Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bimetal Band Saw Blade Market Size Forecast by Type
10.6.1 Universal Type
10.6.2 High Sensitivity Type
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bimetal Band Saw Blade Market Size Forecast by Applications
10.10.1 Alloy Steel
10.10.2 Mold Steel
10.10.3 Tool Steel
10.10.4 Stainless Steel
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bimetal Band Saw Blade Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bimetal Band Saw Blade Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bimetal Band Saw Blade Market Size Forecast by Type
11.6.1 Universal Type
11.6.2 High Sensitivity Type
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bimetal Band Saw Blade Market Size Forecast by Applications
11.10.1 Alloy Steel
11.10.2 Mold Steel
11.10.3 Tool Steel
11.10.4 Stainless Steel
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bimetal Band Saw Blade Analysis and Forecast
12.1 Introduction
12.2 Latin America Bimetal Band Saw Blade Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bimetal Band Saw Blade Market Size Forecast by Type
12.6.1 Universal Type
12.6.2 High Sensitivity Type
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bimetal Band Saw Blade Market Size Forecast by Applications
12.10.1 Alloy Steel
12.10.2 Mold Steel
12.10.3 Tool Steel
12.10.4 Stainless Steel
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bimetal Band Saw Blade Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bimetal Band Saw Blade Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bimetal Band Saw Blade Market Size Forecast by Type
13.6.1 Universal Type
13.6.2 High Sensitivity Type
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bimetal Band Saw Blade Market Size Forecast by Applications
13.10.1 Alloy Steel
13.10.2 Mold Steel
13.10.3 Tool Steel
13.10.4 Stainless Steel
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bimetal Band Saw Blade Market: Competitive Dashboard
14.2 Global Bimetal Band Saw Blade Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bichamp
14.3.2 Fitcut
14.3.3 Share
14.3.4 Amada
14.3.5 NSS
14.3.6 YCC
14.3.7 BAHCO
14.3.8 Simonds
14.3.9 Reynolds
14.3.10 WIKUS