Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Grooving Tools Market by Type (Internal Grooving Tools, External Grooving Tools), By Application (Metal Materials, Nonmetal Work Pieces) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Grooving Tools Market by Type (Internal Grooving Tools, External Grooving Tools), By Application (Metal Materials, Nonmetal Work Pieces) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 156169 3300 Machinery & Equipment 377 237 Pages 4.9 (48)

Market Overview:

The global grooving tools 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 grooving tools from various end-use industries, such as metal materials and nonmetal work pieces. In terms of type, the internal grooving tools segment is expected to hold a major share of the global market during the forecast period, owing to its growing demand from various end-use industries. However, external grooving tools are also witnessing high growth due to their increasing use in automotive and aerospace applications.

Global Grooving Tools Industry Outlook

Product Definition:

Grooving tools are used to produce grooves in a workpiece. The grooves can be used for a variety of purposes, such as providing a location for the retention of a fastener or sealant, or to guide the flow of fluid or material. Grooving tools can be made from various materials, such as steel, aluminum, and brass.

Internal Grooving Tools:

Internal grooving tools are used to cut internal threads in metal. The tool consists of a handle, which is connected to the spindle by a shaft. A cutting edge is mounted on the end of the shaft and can be turned by hand or with an electric motor. Internal grooving tools have applications in various industries such as automotive, aerospace & defense, construction equipment etc.

External Grooving Tools:

External grooving tools are used for creating external threads on the work piece. The work piece can be a block of wood, metal or plastic. It is mostly used in woodworking but it can also be applied to plastic and metal parts where strength is required.

The tool consists of two steel blades which are revolved by an arbor (hole in middle) with the help of a handle or not depending upon the type of operation to be performed by it.

Application Insights:

Metal materials grooving application led the global market in 2017. Grooves are used for a variety of applications including cold-forming, extrusion, and welding. Metal materials require deep grooves to provide sufficient strength to the component while maintaining lightweight properties. The metal material segment is anticipated to continue its dominance over the forecast period owing to various advantages associated with deep grooves such as enhanced mechanical strength and high surface quality of metals on account of which this segment accounted for more than half of the revenue share in 2017.

Nonmetal workpieces include plastic & rubber, wood & composites, glass fiber reinforced polymers (GFRP), ceramic tiles adhesive backed vinyl tile adhesives foam core material concrete masonry cladding systems etcetera wherein groove depth is not so important but other factors such as size.

Regional Analysis:

Asia Pacific dominated the global grooving tools market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. Increasing construction activities and metal materials production are anticipated to drive product demand in Asia Pacific. In addition, rising automotive industry is projected to fuel product demand further over the coming years.

Europe accounted for a significant share of global revenue in 2017 owing to growing application industries across several countries including Germany, U.K.

North America also held a considerable market share due to increasing use of metal materials as an alternative for forged parts which are manufactured using traditional methods that consume large amounts of energy.

Growth Factors:

  • Increasing demand for automobiles and heavy equipment
  • Growing construction and infrastructure activities
  • Rising demand from the metalworking industry
  • Increasing penetration of groove tools in developing countries
  • Technological advancements in groove tool manufacturing

Scope Of The Report

Report Attributes

Report Details

Report Title

Grooving Tools Market Research Report

By Type

Internal Grooving Tools, External Grooving Tools

By Application

Metal Materials, Nonmetal Work Pieces

By Companies

Guhring KG, WALTER, Worldia Diamond Tools, CeramTec, Echaintool Industry, EHWA Diamond, ISCAR Tools, KANEFUSA, Kennametal, Leitz GmbH, MARMOELETTROMECCANICA, Mitsubishi Carbide, Paul Horn, REMS, Sandvik Coromant, TUNGALOY, URGELES DIAMANT, Vargus, Widia

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 Grooving Tools Market Report Segments:

The global Grooving Tools market is segmented on the basis of:


Internal Grooving Tools, External Grooving Tools

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.


Metal Materials, Nonmetal Work Pieces

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. Guhring KG
  3. Worldia Diamond Tools
  4. CeramTec
  5. Echaintool Industry
  6. EHWA Diamond
  7. ISCAR Tools
  9. Kennametal
  10. Leitz GmbH
  12. Mitsubishi Carbide
  13. Paul Horn
  14. REMS
  15. Sandvik Coromant
  18. Vargus
  19. Widia

Global Grooving Tools Market Overview

Highlights of The Grooving Tools 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. Internal Grooving Tools
    2. External Grooving Tools
  1. By Application:

    1. Metal Materials
    2. Nonmetal Work Pieces
  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 Grooving Tools 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 Grooving Tools 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?

Grooving tools are a type of hand tool used to create grooves in wood. They are typically made from metal or plastic and have a series of ridges along their length. The user places the tool against the wood and presses down, creating the groove.

Some of the major companies in the grooving tools market are Guhring KG, WALTER, Worldia Diamond Tools, CeramTec, Echaintool Industry, EHWA Diamond, ISCAR Tools, KANEFUSA, Kennametal, Leitz GmbH, MARMOELETTROMECCANICA, Mitsubishi Carbide, Paul Horn, REMS, Sandvik Coromant, TUNGALOY, URGELES DIAMANT, Vargus, Widia.

The grooving tools market is expected to register a CAGR of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Grooving Tools 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. Grooving Tools Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Grooving Tools Market - Supply Chain
   4.5. Global Grooving Tools Market Forecast
      4.5.1. Grooving Tools Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Grooving Tools Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Grooving Tools Market Absolute $ Opportunity

5. Global Grooving Tools 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. Grooving Tools Market Size and Volume Forecast by Type
      5.3.1. Internal Grooving Tools
      5.3.2. External Grooving Tools
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Grooving Tools 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. Grooving Tools Market Size and Volume Forecast by Application
      6.3.1. Metal Materials
      6.3.2. Nonmetal Work Pieces
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Grooving Tools 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. Grooving Tools 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 Grooving Tools 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. Grooving Tools 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 Grooving Tools Demand Share Forecast, 2019-2026

9. North America Grooving Tools 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 Grooving Tools 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 Grooving Tools Market Size and Volume Forecast by Application
      9.4.1. Metal Materials
      9.4.2. Nonmetal Work Pieces
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Grooving Tools Market Size and Volume Forecast by Type
      9.7.1. Internal Grooving Tools
      9.7.2. External Grooving Tools
   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 Grooving Tools Demand Share Forecast, 2019-2026

10. Latin America Grooving Tools 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 Grooving Tools 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 Grooving Tools Market Size and Volume Forecast by Application
      10.4.1. Metal Materials
      10.4.2. Nonmetal Work Pieces
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Grooving Tools Market Size and Volume Forecast by Type
      10.7.1. Internal Grooving Tools
      10.7.2. External Grooving Tools
   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 Grooving Tools Demand Share Forecast, 2019-2026

11. Europe Grooving Tools 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 Grooving Tools 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 Grooving Tools Market Size and Volume Forecast by Application
      11.4.1. Metal Materials
      11.4.2. Nonmetal Work Pieces
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Grooving Tools Market Size and Volume Forecast by Type
      11.7.1. Internal Grooving Tools
      11.7.2. External Grooving Tools
   11.8. Basis Point 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 Grooving Tools Demand Share, 2019-2026

12. Asia Pacific Grooving Tools 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 Grooving Tools 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 Grooving Tools Market Size and Volume Forecast by Application
      12.4.1. Metal Materials
      12.4.2. Nonmetal Work Pieces
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Grooving Tools Market Size and Volume Forecast by Type
      12.7.1. Internal Grooving Tools
      12.7.2. External Grooving Tools
   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 Grooving Tools Demand Share, 2019-2026

13. Middle East & Africa Grooving Tools 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 Grooving Tools 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 Grooving Tools Market Size and Volume Forecast by Application
      13.4.1. Metal Materials
      13.4.2. Nonmetal Work Pieces
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Grooving Tools Market Size and Volume Forecast by Type
      13.7.1. Internal Grooving Tools
      13.7.2. External Grooving Tools
   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 Grooving Tools Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Grooving Tools Market: Market Share Analysis
   14.2. Grooving Tools Distributors and Customers
   14.3. Grooving Tools Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Guhring KG Overview Financials Developments Strategic Outlook
      14.4.2. WALTER Overview Financials Developments Strategic Outlook
      14.4.3. Worldia Diamond Tools Overview Financials Developments Strategic Outlook
      14.4.4. CeramTec Overview Financials Developments Strategic Outlook
      14.4.5. Echaintool Industry Overview Financials Developments Strategic Outlook
      14.4.6. EHWA Diamond Overview Financials Developments Strategic Outlook
      14.4.7. ISCAR Tools Overview Financials Developments Strategic Outlook
      14.4.8. KANEFUSA Overview Financials Developments Strategic Outlook
      14.4.9. Kennametal Overview Financials Developments Strategic Outlook
      14.4.10. Leitz GmbH Overview Financials Developments Strategic Outlook
      14.4.11. MARMOELETTROMECCANICA Overview Financials Developments Strategic Outlook
      14.4.12. Mitsubishi Carbide Overview Financials Developments Strategic Outlook
      14.4.13. Paul Horn Overview Financials Developments Strategic Outlook
      14.4.14. REMS Overview Financials Developments Strategic Outlook
      14.4.15. Sandvik Coromant Overview Financials Developments Strategic Outlook
      14.4.16. TUNGALOY Overview Financials Developments Strategic Outlook
      14.4.17. URGELES DIAMANT Overview Financials Developments Strategic Outlook
      14.4.18. Vargus Overview Financials Developments Strategic Outlook
      14.4.19. Widia Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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