Market Overview:
The global PCBN tooling market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for high precision and ultra high precision tools in various applications such as milling cutters, CNC blades, groove cutters, and others. In addition, the growing demand for PCBN tooling from the automotive and aerospace industries is also contributing to the growth of this market. North America is expected to lead the global PCBN tooling market during the forecast period followed by Europe and Asia Pacific.
 Tooling Industry Outlook.svg)
Product Definition:
PCBN tooling is a material made up of small, equilateral-shaped crystals that are bonded together. PCBN is used to make cutting tools and wear parts because it has a high hardness, good thermal conductivity, and resistance to wear.
Ultra high Precision Tooling:
Ultra high precision tooling (UHP) is a new term in the industry which was introduced to differentiate advanced manufacturing processes from standard high precision tooling. UHP tools have higher accuracy, repeatability and reliability as compared to standard HP tools. The major advantage of UHP over conventional HP is that it allows working with materials having larger radii of curvature without introducing significant errors into the part.
High Precision Tooling:
High precision tooling (HPT) is used to produce high tolerance components with tight tolerances in the manufacturing of polycrystalline cubic boron nitride (PCBN) tools. The material properties and processing parameters such as feed rates, temperatures, pressures, and speeds are critical for obtaining high quality PCBN products. High precision tooling techniques provide improved surface finish on parts with narrow tolerances which helps manufacturers to meet customer requirements for better efficiency in their product offerings.
Application Insights:
Milling cutters dominated the global polycrystalline cubic boron nitride (PCBN) tooling market in terms of revenue share in 2017. The segment is expected to witness significant growth over the forecast period owing to its high production rate and low cost as compared to other cutting tools. Milling cutters are used for various applications such as metal machining, plastic molding, woodworking, etc.
CNC blades are also anticipated to witness considerable growth over the forecast period due their increasing use in aerospace & defense industry along with growing demand from industrial users worldwide.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market over the forecast period. The growth of this region is attributed to rising product demand from several end-use industries, including aerospace & defense, automotive, energy & power. Increasing automobile production in China and India coupled with growing consumer spending on electronics has led to a surge in product demand from 2010 to 2017.
North America accounted for a significant share of global polycrystalline cubic boron nitride tooling market revenue owing to high investments in the manufacturing sector by governments of Canada and Mexico as well as increasing government support for innovation through research grants provided by U.S.-based agencies such as National Science Foundation (NSF). NSF supports various R&D activities related Boron Nitride Tools (BNTs) that include materials science, nanotechnology applications across different fields including medical devices and aerospace components among others which are expected to drive industry growth over the next eight years.
Growth Factors:
- Increasing demand for PCBN tooling from the automotive and aerospace industries due to its superior wear resistance and toughness.
- Growing popularity of PCBN tooling among manufacturers due to its ability to achieve high cutting speeds and longer tool life as compared to other materials such as carbide tools.
- Rising investments in research and development by leading players in the PCBN tooling market to develop new products that can cater to the specific needs of different industries.
- Proliferation of advanced manufacturing technologies such as 3D printing, which is helping small-scale manufacturers adopt PCBN tooling for producing high-quality components cost-effectively.
Scope Of The Report
Report Attributes
Report Details
Report Title
Polycrystalline Cubic Boron Nitride (PCBN) Tooling Market Research Report
By Type
Ultra high Precision Tooling, High Precision Tooling
By Application
Milling Cutters, CNC Blades, Groove Cutters, Others
By Companies
Kennametal, Halcyon Technology, Guhring KG, Hyperion, Mapal, Shinhan Diamond, Shape-Master Tool, Beijing Worldia Diamond Tools, Zhengzhou Berlt, Zhengzhou Realy, Kennametal
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
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Polycrystalline Cubic Boron Nitride (PCBN) Tooling Market Report Segments:
The global Polycrystalline Cubic Boron Nitride (PCBN) Tooling market is segmented on the basis of:
Types
Ultra high Precision Tooling, High Precision Tooling
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
Milling Cutters, CNC Blades, Groove Cutters, 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:
- Kennametal
- Halcyon Technology
- Guhring KG
- Hyperion
- Mapal
- Shinhan Diamond
- Shape-Master Tool
- Beijing Worldia Diamond Tools
- Zhengzhou Berlt
- Zhengzhou Realy
- Kennametal
 Tooling Market Overview.svg)
Highlights of The Polycrystalline Cubic Boron Nitride (PCBN) Tooling 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:
- Ultra high Precision Tooling
- High Precision Tooling
- By Application:
- Milling Cutters
- CNC Blades
- Groove Cutters
- 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 Polycrystalline Cubic Boron Nitride (PCBN) Tooling 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
 Tooling Market Statistics.svg)
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?
Polycrystalline Cubic Boron Nitride (PCBN) tooling is a type of manufacturing equipment used to produce semiconductor devices and other electronic components. It consists of a series of precision-machined blocks that are bonded together to create the finished product.
Some of the major players in the polycrystalline cubic boron nitride (pcbn) tooling market are Kennametal, Halcyon Technology, Guhring KG, Hyperion, Mapal, Shinhan Diamond, Shape-Master Tool, Beijing Worldia Diamond Tools, Zhengzhou Berlt, Zhengzhou Realy, Kennametal.
The polycrystalline cubic boron nitride (pcbn) tooling market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polycrystalline Cubic Boron Nitride (PCBN) Tooling 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 Polycrystalline Cubic Boron Nitride (PCBN) Tooling Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polycrystalline Cubic Boron Nitride (PCBN) Tooling 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 Polycrystalline Cubic Boron Nitride (PCBN) Tooling 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 Polycrystalline Cubic Boron Nitride (PCBN) Tooling Market Size & Forecast, 2018-2028
4.5.1 Polycrystalline Cubic Boron Nitride (PCBN) Tooling Market Size and Y-o-Y Growth
4.5.2 Polycrystalline Cubic Boron Nitride (PCBN) Tooling Market Absolute $ Opportunity
Chapter 5 Global Polycrystalline Cubic Boron Nitride (PCBN) Tooling 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 Polycrystalline Cubic Boron Nitride (PCBN) Tooling Market Size Forecast by Type
5.2.1 Ultra high Precision Tooling
5.2.2 High Precision Tooling
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Polycrystalline Cubic Boron Nitride (PCBN) Tooling 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 Polycrystalline Cubic Boron Nitride (PCBN) Tooling Market Size Forecast by Applications
6.2.1 Milling Cutters
6.2.2 CNC Blades
6.2.3 Groove Cutters
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polycrystalline Cubic Boron Nitride (PCBN) Tooling 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 Polycrystalline Cubic Boron Nitride (PCBN) Tooling 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 Polycrystalline Cubic Boron Nitride (PCBN) Tooling Analysis and Forecast
9.1 Introduction
9.2 North America Polycrystalline Cubic Boron Nitride (PCBN) Tooling 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 Polycrystalline Cubic Boron Nitride (PCBN) Tooling Market Size Forecast by Type
9.6.1 Ultra high Precision Tooling
9.6.2 High Precision Tooling
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 Polycrystalline Cubic Boron Nitride (PCBN) Tooling Market Size Forecast by Applications
9.10.1 Milling Cutters
9.10.2 CNC Blades
9.10.3 Groove Cutters
9.10.4 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 Polycrystalline Cubic Boron Nitride (PCBN) Tooling Analysis and Forecast
10.1 Introduction
10.2 Europe Polycrystalline Cubic Boron Nitride (PCBN) Tooling 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 Polycrystalline Cubic Boron Nitride (PCBN) Tooling Market Size Forecast by Type
10.6.1 Ultra high Precision Tooling
10.6.2 High Precision Tooling
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 Polycrystalline Cubic Boron Nitride (PCBN) Tooling Market Size Forecast by Applications
10.10.1 Milling Cutters
10.10.2 CNC Blades
10.10.3 Groove Cutters
10.10.4 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 Polycrystalline Cubic Boron Nitride (PCBN) Tooling Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Polycrystalline Cubic Boron Nitride (PCBN) Tooling 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 Polycrystalline Cubic Boron Nitride (PCBN) Tooling Market Size Forecast by Type
11.6.1 Ultra high Precision Tooling
11.6.2 High Precision Tooling
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 Polycrystalline Cubic Boron Nitride (PCBN) Tooling Market Size Forecast by Applications
11.10.1 Milling Cutters
11.10.2 CNC Blades
11.10.3 Groove Cutters
11.10.4 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 Polycrystalline Cubic Boron Nitride (PCBN) Tooling Analysis and Forecast
12.1 Introduction
12.2 Latin America Polycrystalline Cubic Boron Nitride (PCBN) Tooling 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 Polycrystalline Cubic Boron Nitride (PCBN) Tooling Market Size Forecast by Type
12.6.1 Ultra high Precision Tooling
12.6.2 High Precision Tooling
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 Polycrystalline Cubic Boron Nitride (PCBN) Tooling Market Size Forecast by Applications
12.10.1 Milling Cutters
12.10.2 CNC Blades
12.10.3 Groove Cutters
12.10.4 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) Polycrystalline Cubic Boron Nitride (PCBN) Tooling Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Polycrystalline Cubic Boron Nitride (PCBN) Tooling 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) Polycrystalline Cubic Boron Nitride (PCBN) Tooling Market Size Forecast by Type
13.6.1 Ultra high Precision Tooling
13.6.2 High Precision Tooling
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) Polycrystalline Cubic Boron Nitride (PCBN) Tooling Market Size Forecast by Applications
13.10.1 Milling Cutters
13.10.2 CNC Blades
13.10.3 Groove Cutters
13.10.4 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 Polycrystalline Cubic Boron Nitride (PCBN) Tooling Market: Competitive Dashboard
14.2 Global Polycrystalline Cubic Boron Nitride (PCBN) Tooling Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kennametal
14.3.2 Halcyon Technology
14.3.3 Guhring KG
14.3.4 Hyperion
14.3.5 Mapal
14.3.6 Shinhan Diamond
14.3.7 Shape-Master Tool
14.3.8 Beijing Worldia Diamond Tools
14.3.9 Zhengzhou Berlt
14.3.10 Zhengzhou Realy
14.3.11 Kennametal
