Market Overview:
The global roughing end mills 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 roughing end mills from various industries, such as automotive, aerospace, and others. In addition, the growing demand for titanium nitride (TiN) coated roughing end mills is also contributing to the growth of this market.
Product Definition:
Roughing end mills are used to remove a large amount of material quickly. They have a very wide cutting edge and are used for roughing out shapes in metal or plastic.
Titanium Nitride Coated Roughing End Mills:
Titanium nitride coated roughing end mills are used to cut hard materials like rocks and metals with high speed and efficiency. The titanium nitride coating helps in increasing the life of the end mill, reduces wear & tear of the cutting edge, increases its cutting capacity, provides better chip evacuation and allows for higher feed rates.
Titanium Carbonitride Coated Roughing End Mills:
Titanium carbonitride coated roughing end mills are used to increase the cutting speed of the end mill. The titanium coating on the end mill reduces its coefficient of friction with the work piece, which in turn increases its cutting speed.
The rapid growth in titanium-based materials and products is expected to have a positive impact on market growth over next seven years. Rising demand for titanium based materials from aerospace industry is likely to augment product demand over forecast period.
Application Insights:
The carbon steel processing application segment led the global roughing end mills market in 2017. The segment is projected to witness a CAGR of XX% over the forecast period owing to its dominance in the primary and secondary metallurgical processes across various regions, including North America, Europe, Asia Pacific and Middle East & Africa.
Carbon steel offers good wear resistance which helps extend machine life; however, it does not offer ductility or plasticity required for advanced cutting technologies. Hence, while processing carbon steel using conventional technology there are many challenges in terms of material consumption as well as energy consumption involved due to low efficiency rates associated with this process compared to other materials like alloy or non-ferrous metals that are used for these purposes globally.
Regional Analysis:
Asia Pacific dominated the global roughing end mills market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand for titanium nitride coated titanium carbonitride coated aluminum-bronze roughing end mills from various industries including automotive, aerospace, energy & power, heavy machinery etc. In addition, increasing infrastructure activities coupled with rapid industrialization in India and China are anticipated to drive product demand over the forecast period.
Europe was estimated as a significant region in terms of revenue share in 2017 owing to high penetration rates of Titanium Nitride (TiN) coatings used on milling machines across several industries including aerospace manufacturing, automotive manufacturing and heavy machinery manufacturing among others.
Growth Factors:
- Increasing demand for Roughing End Mills from the automotive and aerospace industries due to the growing need for high-precision machining.
- Rising demand for Roughing End Mills in the medical device industry due to the increasing use of these tools in surgical procedures.
- Growing popularity of Roughing End Mills among small and medium-sized businesses (SMBs) due to their low cost and ease of use.
- Increasing research and development spending by end users on new applications that can benefit from using Roughing End Mills tools 5 Increased adoption of computer numerical control (CNC) technology across various industrial sectors, which is driving demand for high-quality roughing end mills
Scope Of The Report
Report Attributes
Report Details
Report Title
Roughing End Mills Market Research Report
By Type
Titanium Nitride Coated Roughing End Mills, Titanium Carbonitride Coated Roughing End Mills, Aluminum Titanium Nitride Coated Roughing End Mills
By Application
Carbon Steel Processing, Alloy Steel Processing, Others
By Companies
ICS Cutting Tools, OSG Corporation, Izar Cutting Tools, Kennametal, Kyocera Unimerco, Lakeshore Carbide, Guhring, Somma Tool, Melin Tool Company, Contour360 Cutting tools, Universal Cutting Tools, CERATIZIT Sacramento, HAM Precision
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Roughing End Mills Market Report Segments:
The global Roughing End Mills market is segmented on the basis of:
Types
Titanium Nitride Coated Roughing End Mills, Titanium Carbonitride Coated Roughing End Mills, Aluminum Titanium Nitride Coated Roughing End Mills
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
Carbon Steel Processing, Alloy Steel Processing, 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:
- ICS Cutting Tools
- OSG Corporation
- Izar Cutting Tools
- Kennametal
- Kyocera Unimerco
- Lakeshore Carbide
- Guhring
- Somma Tool
- Melin Tool Company
- Contour360 Cutting tools
- Universal Cutting Tools
- CERATIZIT Sacramento
- HAM Precision
Highlights of The Roughing End Mills 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:
- Titanium Nitride Coated Roughing End Mills
- Titanium Carbonitride Coated Roughing End Mills
- Aluminum Titanium Nitride Coated Roughing End Mills
- By Application:
- Carbon Steel Processing
- Alloy Steel Processing
- 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 Roughing End Mills 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
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?
Roughing end mills are used to rough the surface of a workpiece before finishing. They have a series of sharp, irregularly shaped cutting edges that create a rougher finish than standard end mills.
Some of the major companies in the roughing end mills market are ICS Cutting Tools, OSG Corporation, Izar Cutting Tools, Kennametal, Kyocera Unimerco, Lakeshore Carbide, Guhring, Somma Tool, Melin Tool Company, Contour360 Cutting tools, Universal Cutting Tools, CERATIZIT Sacramento, HAM Precision.
The roughing end mills 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. Roughing End Mills 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. Roughing End Mills Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Roughing End Mills Market - Supply Chain
4.5. Global Roughing End Mills Market Forecast
4.5.1. Roughing End Mills Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Roughing End Mills Market Size (000 Units) and Y-o-Y Growth
4.5.3. Roughing End Mills Market Absolute $ Opportunity
5. Global Roughing End Mills 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. Roughing End Mills Market Size and Volume Forecast by Type
5.3.1. Titanium Nitride Coated Roughing End Mills
5.3.2. Titanium Carbonitride Coated Roughing End Mills
5.3.3. Aluminum Titanium Nitride Coated Roughing End Mills
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Roughing End Mills 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. Roughing End Mills Market Size and Volume Forecast by Application
6.3.1. Carbon Steel Processing
6.3.2. Alloy Steel Processing
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Roughing End Mills 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. Roughing End Mills 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 Roughing End Mills 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. Roughing End Mills 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 Roughing End Mills Demand Share Forecast, 2019-2026
9. North America Roughing End Mills 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 Roughing End Mills 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 Roughing End Mills Market Size and Volume Forecast by Application
9.4.1. Carbon Steel Processing
9.4.2. Alloy Steel Processing
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Roughing End Mills Market Size and Volume Forecast by Type
9.7.1. Titanium Nitride Coated Roughing End Mills
9.7.2. Titanium Carbonitride Coated Roughing End Mills
9.7.3. Aluminum Titanium Nitride Coated Roughing End Mills
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 Roughing End Mills Demand Share Forecast, 2019-2026
10. Latin America Roughing End Mills 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 Roughing End Mills 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 Roughing End Mills Market Size and Volume Forecast by Application
10.4.1. Carbon Steel Processing
10.4.2. Alloy Steel Processing
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Roughing End Mills Market Size and Volume Forecast by Type
10.7.1. Titanium Nitride Coated Roughing End Mills
10.7.2. Titanium Carbonitride Coated Roughing End Mills
10.7.3. Aluminum Titanium Nitride Coated Roughing End Mills
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 Roughing End Mills Demand Share Forecast, 2019-2026
11. Europe Roughing End Mills 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 Roughing End Mills 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 Roughing End Mills Market Size and Volume Forecast by Application
11.4.1. Carbon Steel Processing
11.4.2. Alloy Steel Processing
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Roughing End Mills Market Size and Volume Forecast by Type
11.7.1. Titanium Nitride Coated Roughing End Mills
11.7.2. Titanium Carbonitride Coated Roughing End Mills
11.7.3. Aluminum Titanium Nitride Coated Roughing End Mills
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 Roughing End Mills Demand Share, 2019-2026
12. Asia Pacific Roughing End Mills 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 Roughing End Mills 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 Roughing End Mills Market Size and Volume Forecast by Application
12.4.1. Carbon Steel Processing
12.4.2. Alloy Steel Processing
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Roughing End Mills Market Size and Volume Forecast by Type
12.7.1. Titanium Nitride Coated Roughing End Mills
12.7.2. Titanium Carbonitride Coated Roughing End Mills
12.7.3. Aluminum Titanium Nitride Coated Roughing End Mills
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 Roughing End Mills Demand Share, 2019-2026
13. Middle East & Africa Roughing End Mills 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 Roughing End Mills 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 Roughing End Mills Market Size and Volume Forecast by Application
13.4.1. Carbon Steel Processing
13.4.2. Alloy Steel Processing
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Roughing End Mills Market Size and Volume Forecast by Type
13.7.1. Titanium Nitride Coated Roughing End Mills
13.7.2. Titanium Carbonitride Coated Roughing End Mills
13.7.3. Aluminum Titanium Nitride Coated Roughing End Mills
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 Roughing End Mills Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Roughing End Mills Market: Market Share Analysis
14.2. Roughing End Mills Distributors and Customers
14.3. Roughing End Mills Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ICS Cutting Tools
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. OSG Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Izar Cutting Tools
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kennametal
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kyocera Unimerco
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lakeshore Carbide
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Guhring
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Somma Tool
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Melin Tool Company
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Contour360 Cutting tools
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Universal Cutting Tools
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. CERATIZIT Sacramento
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. HAM Precision
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
