Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Cut Off Wheel Market by Type (Aluminum Oxide Material, Zirconia Alumina Material, Silicon Carbide Material), By Application (Automotive, Machinery & Equipment, Aerospace & Defense, Metal Fabrication, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Cut Off Wheel Market by Type (Aluminum Oxide Material, Zirconia Alumina Material, Silicon Carbide Material), By Application (Automotive, Machinery & Equipment, Aerospace & Defense, Metal Fabrication, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 237289 4200 Chemical & Material 377 235 Pages 4.6 (49)
                                          

Market Overview:


The global cut off wheel 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 cut off wheels from various end-use industries, such as automotive, machinery & equipment, aerospace & defense, metal fabrication, and others. In terms of type, the global cut off wheel market is segmented into aluminum oxide material, zirconia alumina material, and silicon carbide material. Of these segments, aluminum oxide material held a major share of the global cut off wheel market in 2017 and is expected to continue its dominance during the forecast period. This can be attributed to its high durability and resistance against wear and tear as compared with other types of materials used for manufacturing cut off wheels.


Global Cut Off Wheel Industry Outlook


Product Definition:


A cut-off wheel is a circular saw blade typically used to cut metal. It is a thin, abrasive disk that is attached to a rotary tool such as a Dremel. The wheel can be used to quickly remove material from flat or curved surfaces.


Aluminum Oxide Material:


Aluminum oxide is a compound of aluminum and oxygen. It has a white powdery appearance. Aluminum oxide is used in various industries including ceramics, glass, construction, abrasives and mining among others.


Zirconia Alumina Material:


Zirconia alumina material is a new mineral that was discovered in 2016. It is a solid solution of zirconium and aluminum, which has the chemical formula of (ZrAl2Si2O8)2. The mineral was named after Zircon, the Greek word for turquoise, because of its resemblance to the gemstone.


Application Insights:


Automotive was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The global automotive industry is witnessing a paradigm shift due to rising awareness about electric vehicles. Countries such as China, U.S., and India are focusing on increasing their production capacities for electric vehicles, which is likely to drive product demand over the forecast period.


The machinery & equipment segment accounted for a share of 15% in 2017 owing to growing industrialization across developing countries like India and China along with high demand from other regional markets including South Africa, Brazil etcetera. Rising infrastructure spending in these regions coupled with increasing investments from companies manufacturing machines & equipment are expected to boost product consumption over the next seven years or so.


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 demand from end-use industries such as metal fabrication, automotive, machinery & equipment, aerospace & defense and others.


The growing population in Asia Pacific countries such as China and India coupled with rising disposable income will boost product demand from electrical & electronics industry for cut off wheel applications. In addition, rapid industrialization along with government support is contributing toward increased foreign direct investments are also expected to drive regional market growth over the next eight years.


Europe was valued at USD X million in 2017 owing to high production volume of electric motors along with other products used for manufacturing semiconductors mainly from Germany, U.K.


Growth Factors:


  • Increasing demand for Cut Off Wheel from construction and automotive industries
  • Rising popularity of abrasive cut-off wheels among DIY enthusiasts
  • Growing awareness about the benefits of using Cut Off Wheels over other cutting methods
  • Technological advancements in the manufacturing of Cut Off Wheels
  • Rising disposable income levels in developing countries

Scope Of The Report

Report Attributes

Report Details

Report Title

Cut Off Wheel Market Research Report

By Type

Aluminum Oxide Material, Zirconia Alumina Material, Silicon Carbide Material

By Application

Automotive, Machinery & Equipment, Aerospace & Defense, Metal Fabrication, Others

By Companies

3M, Saint-Gobain, Tyrolit Group, Pferd, Rhodius, Klingspor, Weiler Corporation, Bosch, Hermes Schleifmittel, Noritake, 3M, Camel Grinding Wheels, DRONCO, FUJI Grinding Wheel

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

235

Number of Tables & Figures

165

Customization Available

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


Global Cut Off Wheel Market Report Segments:

The global Cut Off Wheel market is segmented on the basis of:

Types

Aluminum Oxide Material, Zirconia Alumina Material, Silicon Carbide Material

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

Automotive, Machinery & Equipment, Aerospace & Defense, Metal Fabrication, 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:

  1. 3M
  2. Saint-Gobain
  3. Tyrolit Group
  4. Pferd
  5. Rhodius
  6. Klingspor
  7. Weiler Corporation
  8. Bosch
  9. Hermes Schleifmittel
  10. Noritake
  11. 3M
  12. Camel Grinding Wheels
  13. DRONCO
  14. FUJI Grinding Wheel

Global Cut Off Wheel Market Overview


Highlights of The Cut Off Wheel 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. Aluminum Oxide Material
    2. Zirconia Alumina Material
    3. Silicon Carbide Material
  1. By Application:

    1. Automotive
    2. Machinery & Equipment
    3. Aerospace & Defense
    4. Metal Fabrication
    5. 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 Cut Off Wheel 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:

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Global Cut Off Wheel 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?


A cut off wheel is a machine that removes material by cutting it off with a rotating blade.

Some of the major players in the cut off wheel market are 3M, Saint-Gobain, Tyrolit Group, Pferd, Rhodius, Klingspor, Weiler Corporation, Bosch, Hermes Schleifmittel, Noritake, 3M, Camel Grinding Wheels, DRONCO, FUJI Grinding Wheel.

The cut off wheel market is expected to register a CAGR of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cut Off Wheel 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 Cut Off Wheel Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Cut Off Wheel 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 Cut Off Wheel 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 Cut Off Wheel Market Size & Forecast, 2018-2028       4.5.1 Cut Off Wheel Market Size and Y-o-Y Growth       4.5.2 Cut Off Wheel Market Absolute $ Opportunity

Chapter 5 Global Cut Off Wheel 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 Cut Off Wheel Market Size Forecast by Type
      5.2.1 Aluminum Oxide Material
      5.2.2 Zirconia Alumina Material
      5.2.3 Silicon Carbide Material
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Cut Off Wheel 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 Cut Off Wheel Market Size Forecast by Applications
      6.2.1 Automotive
      6.2.2 Machinery & Equipment
      6.2.3 Aerospace & Defense
      6.2.4 Metal Fabrication
      6.2.5 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Cut Off Wheel 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 Cut Off Wheel 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 Cut Off Wheel Analysis and Forecast
   9.1 Introduction
   9.2 North America Cut Off Wheel 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 Cut Off Wheel Market Size Forecast by Type
      9.6.1 Aluminum Oxide Material
      9.6.2 Zirconia Alumina Material
      9.6.3 Silicon Carbide Material
   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 Cut Off Wheel Market Size Forecast by Applications
      9.10.1 Automotive
      9.10.2 Machinery & Equipment
      9.10.3 Aerospace & Defense
      9.10.4 Metal Fabrication
      9.10.5 Others
   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 Cut Off Wheel Analysis and Forecast
   10.1 Introduction
   10.2 Europe Cut Off Wheel 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 Cut Off Wheel Market Size Forecast by Type
      10.6.1 Aluminum Oxide Material
      10.6.2 Zirconia Alumina Material
      10.6.3 Silicon Carbide Material
   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 Cut Off Wheel Market Size Forecast by Applications
      10.10.1 Automotive
      10.10.2 Machinery & Equipment
      10.10.3 Aerospace & Defense
      10.10.4 Metal Fabrication
      10.10.5 Others
   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 Cut Off Wheel Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Cut Off Wheel 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 Cut Off Wheel Market Size Forecast by Type
      11.6.1 Aluminum Oxide Material
      11.6.2 Zirconia Alumina Material
      11.6.3 Silicon Carbide Material
   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 Cut Off Wheel Market Size Forecast by Applications
      11.10.1 Automotive
      11.10.2 Machinery & Equipment
      11.10.3 Aerospace & Defense
      11.10.4 Metal Fabrication
      11.10.5 Others
   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 Cut Off Wheel Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Cut Off Wheel 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 Cut Off Wheel Market Size Forecast by Type
      12.6.1 Aluminum Oxide Material
      12.6.2 Zirconia Alumina Material
      12.6.3 Silicon Carbide Material
   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 Cut Off Wheel Market Size Forecast by Applications
      12.10.1 Automotive
      12.10.2 Machinery & Equipment
      12.10.3 Aerospace & Defense
      12.10.4 Metal Fabrication
      12.10.5 Others
   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) Cut Off Wheel Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Cut Off Wheel 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) Cut Off Wheel Market Size Forecast by Type
      13.6.1 Aluminum Oxide Material
      13.6.2 Zirconia Alumina Material
      13.6.3 Silicon Carbide Material
   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) Cut Off Wheel Market Size Forecast by Applications
      13.10.1 Automotive
      13.10.2 Machinery & Equipment
      13.10.3 Aerospace & Defense
      13.10.4 Metal Fabrication
      13.10.5 Others
   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 Cut Off Wheel Market: Competitive Dashboard
   14.2 Global Cut Off Wheel Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 3M
      14.3.2 Saint-Gobain
      14.3.3 Tyrolit Group
      14.3.4 Pferd
      14.3.5 Rhodius
      14.3.6 Klingspor
      14.3.7 Weiler Corporation
      14.3.8 Bosch
      14.3.9 Hermes Schleifmittel
      14.3.10 Noritake
      14.3.11 3M
      14.3.12 Camel Grinding Wheels
      14.3.13 DRONCO
      14.3.14 FUJI Grinding Wheel

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