Market Overview:
The global solid 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 end mills from various industries, such as automotive, aerospace & defense, and medical & dental. In terms of type, the carbide end mills segment is expected to hold a major share of the global solid end mills market during the forecast period. This can be attributed to their high wear resistance and toughness properties as compared with other types of materials used for manufacturing end mills.
Product Definition:
A Solid End Mill is a milling cutter that has a solid body. This cutter can be used to machine both the internal and external surfaces of a workpiece.
Carbide End Mills:
Carbide end mills are cutting tools that are made of carbon and silicon carbide. They have applications in drilling, machining, turning, broaching and reamining among others. Carbide end mills can be used with hand-held or power-driven machines. The primary application is to cut hard materials like metals such as steel and titanium but they also find applications in cutting softer materials like plastics & aluminum easily.
Ceramic End Mills:
Ceramic end mills are cutting tools that are used to cut a cylindrical surface. They can be made of various materials such as silicon carbide, alumina, zirconia and hafnia. Ceramic end mills have applications in industries such as aerospace & defense, automotive and energy sector among others.
Application Insights:
The other applications include side milling, face milling, slotting, and others. Side-milling application is projected to be the fastest-growing application segment over the forecast period owing to its benefits such as less material consumption and cost savings. The use of solid end mills in side-milling process reduces the waste generated during machining as compared to conventional cutting processes such as CNC turning or grinding.
Solid end mills can also be used for facing applications which require high accuracy and surface finish on difficult materials like steel, hardwood & softwood plywood composites where conventional cutting processes cannot be used due to their limitations in accuracy & surface finish requirements.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, and Japan. Increasing demand for metal cutting tools from these countries coupled with growing industrialization is anticipated to drive the regional market growth. In addition, rising investments by major players in developing countries of Asia Pacific are projected to further fuel industry expansion.
The Latin American regional market accounted for a significant share owing to increasing penetration of machine shops in Brazil and Argentina as a result of high economic development along with growing automotive industry across these nations. Moreover, rising government initiatives encouraging domestic manufacturing activities are likely to support product demand over the next eight years.
Europe was estimated at USD X million in 2017.
Growth Factors:
- Increasing demand for miniaturization in the electronics industry is expected to drive the growth of the solid end mills market.
- The increasing use of 3D printing technology is also anticipated to fuel the demand for solid end mills in the near future.
- Rising adoption of advanced machining processes across various industries is projected to boost the growth of this market in years to come.
- Growing investments by key players in research and development activities are likely to propel the expansion of this market during forecast period. 5) The increasing use of composites and alloys across various industries is expected to create lucrative opportunities for players operating in this market over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Solid End Mills Market Research Report
By Type
Carbide End Mills, Ceramic End Mills
By Application
Side Milling, Face Milling, Slot Milling, Plunge Milling, Others
By Companies
Kyocera, Sandvik, Mitsubishi Materials Corporation, WIDIA, NTK, Haimer GmbH, FRAISA SA, Kennametal Inc, SECO, Emuge Corporation, Garr Tool, Guhring, Inc, Forbes (Totem), Zhejiang ShenGang SaiOu Technology Co, Li Hsing Precision Tool Co
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Solid End Mills Market Report Segments:
The global Solid End Mills market is segmented on the basis of:
Types
Carbide End Mills, Ceramic 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
Side Milling, Face Milling, Slot Milling, Plunge Milling, 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:
- Kyocera
- Sandvik
- Mitsubishi Materials Corporation
- WIDIA
- NTK
- Haimer GmbH
- FRAISA SA
- Kennametal Inc
- SECO
- Emuge Corporation
- Garr Tool
- Guhring, Inc
- Forbes (Totem)
- Zhejiang ShenGang SaiOu Technology Co
- Li Hsing Precision Tool Co
Highlights of The Solid 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:
- Carbide End Mills
- Ceramic End Mills
- By Application:
- Side Milling
- Face Milling
- Slot Milling
- Plunge Milling
- 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 Solid 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?
Solid End Mills is a company that manufactures milling machines.
Some of the key players operating in the solid end mills market are Kyocera, Sandvik, Mitsubishi Materials Corporation, WIDIA, NTK, Haimer GmbH, FRAISA SA, Kennametal Inc, SECO, Emuge Corporation, Garr Tool, Guhring, Inc, Forbes (Totem), Zhejiang ShenGang SaiOu Technology Co, Li Hsing Precision Tool Co.
The solid 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. Solid 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. Solid 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. Solid End Mills Market - Supply Chain
4.5. Global Solid End Mills Market Forecast
4.5.1. Solid End Mills Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solid End Mills Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solid End Mills Market Absolute $ Opportunity
5. Global Solid 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. Solid End Mills Market Size and Volume Forecast by Type
5.3.1. Carbide End Mills
5.3.2. Ceramic End Mills
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solid 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. Solid End Mills Market Size and Volume Forecast by Application
6.3.1. Side Milling
6.3.2. Face Milling
6.3.3. Slot Milling
6.3.4. Plunge Milling
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solid 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. Solid 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 Solid 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. Solid 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 Solid End Mills Demand Share Forecast, 2019-2026
9. North America Solid 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 Solid 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 Solid End Mills Market Size and Volume Forecast by Application
9.4.1. Side Milling
9.4.2. Face Milling
9.4.3. Slot Milling
9.4.4. Plunge Milling
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Solid End Mills Market Size and Volume Forecast by Type
9.7.1. Carbide End Mills
9.7.2. Ceramic 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 Solid End Mills Demand Share Forecast, 2019-2026
10. Latin America Solid 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 Solid 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 Solid End Mills Market Size and Volume Forecast by Application
10.4.1. Side Milling
10.4.2. Face Milling
10.4.3. Slot Milling
10.4.4. Plunge Milling
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Solid End Mills Market Size and Volume Forecast by Type
10.7.1. Carbide End Mills
10.7.2. Ceramic 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 Solid End Mills Demand Share Forecast, 2019-2026
11. Europe Solid 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 Solid 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 Solid End Mills Market Size and Volume Forecast by Application
11.4.1. Side Milling
11.4.2. Face Milling
11.4.3. Slot Milling
11.4.4. Plunge Milling
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solid End Mills Market Size and Volume Forecast by Type
11.7.1. Carbide End Mills
11.7.2. Ceramic End Mills
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Markt 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 Solid End Mills Demand Share, 2019-2026
12. Asia Pacific Solid 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 Solid 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 Solid End Mills Market Size and Volume Forecast by Application
12.4.1. Side Milling
12.4.2. Face Milling
12.4.3. Slot Milling
12.4.4. Plunge Milling
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Solid End Mills Market Size and Volume Forecast by Type
12.7.1. Carbide End Mills
12.7.2. Ceramic 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 Solid End Mills Demand Share, 2019-2026
13. Middle East & Africa Solid 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 Solid 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 Solid End Mills Market Size and Volume Forecast by Application
13.4.1. Side Milling
13.4.2. Face Milling
13.4.3. Slot Milling
13.4.4. Plunge Milling
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Solid End Mills Market Size and Volume Forecast by Type
13.7.1. Carbide End Mills
13.7.2. Ceramic 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 Solid End Mills Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Solid End Mills Market: Market Share Analysis
14.2. Solid End Mills Distributors and Customers
14.3. Solid End Mills Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Kyocera
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sandvik
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mitsubishi Materials Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. WIDIA
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NTK
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Haimer GmbH
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. FRAISA SA
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kennametal Inc
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. SECO
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Emuge Corporation
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Garr Tool
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Guhring, Inc
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Forbes (Totem)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Zhejiang ShenGang SaiOu Technology Co
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Li Hsing Precision Tool Co
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
