Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Tile Drill Bits Market by Type (Tungsten Carbide, Diamond), By Application (Tile, Porcelain, Glass, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Tile Drill Bits Market by Type (Tungsten Carbide, Diamond), By Application (Tile, Porcelain, Glass, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 156362 3300 Machinery & Equipment 377 250 Pages 4.9 (41)
                                          

Market Overview:


The global tile drill bits 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 tiles and other construction materials across the globe. Additionally, technological advancements in tile drill bits are also propelling the growth of this market. The global tile drill bits market is segmented on the basis of type, application, and region. On the basis of type, it is divided into tungsten carbide and diamond drill bits. Tungsten carbide drill bits are more popular than diamond ones as they are cheaper and durable. However, diamond-coated drills offer superior performance as they can cut through tougher materials such as porcelain or glass with ease. On the basis of application, it is segmented into tiles, porcelain tiles, glass tiles, and others (marble/granite/stone).


Global Tile Drill Bits Industry Outlook


Product Definition:


A tile drill bit is a type of drill bit specifically designed for drilling through ceramic tiles. Tile drill bits are typically made of tungsten carbide, the same material used in other types of drill bits. They come in a variety of shapes and sizes, depending on the size and thickness of the tiles to be drilled. Tile drill bits are important because they allow homeowners to install ceramic tile without having to use expensive tools such as a wet saw.


Tungsten Carbide:


Tungsten carbide is a material that consists of tungsten and carbon. Tungsten carbide has high density, which makes it suitable for use in the manufacturing of drill bits used in floor tiles and other construction materials. The growing demand for concrete floors across the globe is expected to drive the global tiles drill bits market over the forecast period.


Diamond:


A diamond is a naturally occurring hard material, which is used as an abrasive in drilling tools. It consists of carbon atoms that are bonded together in a crystal structure. The hardness and toughness of the diamond are the two important properties that determine its use in drilling tools. The other important property of diamonds is its ability to drill at very high temperatures without getting damaged or melted.


Application Insights:


The tile application segment dominated the global tile drill bits market, accounting for a revenue share of more than 40.0% in 2017. Tile drilling is an essential process in the manufacturing of ceramic tiles and flooring products. The growing construction industry across the globe is expected to boost product demand over the forecast period.


The glass application segment accounted for a revenue share of more than 11.0% in 2017 owing to high demand from China and India where glass manufacturers are investing aggressively to expand their production capacities beyond 2020 as per schedule targets set by them selves under New Industrialization Plan (NIP).


Regional Analysis:


North America dominated the global market in terms of revenue with a share of over 35.0% in 2017. This is attributed to the presence of key manufacturers such as ExactEarth, Inc., and Sargent Metals CompANY, Inc. In addition, growing demand for energy-efficient products has resulted in increased sales volume for tile drills across this region.


Asia Pacific is expected to be the fastest-growing regional market from 2018 to 2030 owing to rapid industrialization and urbanization resulting from population growth along with rising disposable income levels among consumers especially in China and India are anticipated to drive product demand over the forecast period. Furthermore, favorable government policies encouraging domestic manufacturing activities are likely boost industry expansion over the coming years  (see also Make in India initiative).


The European region accounted for a significant share of revenue as well as volume on account of high consumption levels coupled with Tile’s application being dominant across this region (excluding Italy).


Growth Factors:


  • Increasing demand for tile drill bits in the construction industry as a result of the growth in construction activities.
  • Rising demand for tile drill bits from end-use industries such as automotive, aerospace, and defense due to the increasing use of tiles in these industries.
  • Growing popularity of tiling as a flooring option among homeowners and builders due to its durability and aesthetic appeal.
  • Technological advancements in tile drill bit design and manufacturing that have resulted in improved performance and longer life span of these tools.
  • Rising awareness about the benefits of using tile drill bits among consumers, which is resulting in an increase in their adoption across various applications

Scope Of The Report

Report Attributes

Report Details

Report Title

Tile Drill Bits Market Research Report

By Type

Tungsten Carbide, Diamond

By Application

Tile, Porcelain, Glass, Others

By Companies

DEWALT, Heller, Toolpak, Bosch, Mexco, RUBI, Hilti, Marcrist, Rothenberger, DIAGER

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

250

Number of Tables & Figures

175

Customization Available

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


Global Tile Drill Bits Market Report Segments:

The global Tile Drill Bits market is segmented on the basis of:

Types

Tungsten Carbide, Diamond

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

Tile, Porcelain, Glass, 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. DEWALT
  2. Heller
  3. Toolpak
  4. Bosch
  5. Mexco
  6. RUBI
  7. Hilti
  8. Marcrist
  9. Rothenberger
  10. DIAGER

Global Tile Drill Bits Market Overview


Highlights of The Tile Drill Bits 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. Tungsten Carbide
    2. Diamond
  1. By Application:

    1. Tile
    2. Porcelain
    3. Glass
    4. 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 Tile Drill Bits 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 Tile Drill Bits 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?


Tile drill bits are specifically designed to drill through tile. They have a sharp point and a wide, flat head.

Some of the key players operating in the tile drill bits market are DEWALT, Heller, Toolpak, Bosch, Mexco, RUBI, Hilti, Marcrist, Rothenberger, DIAGER.

The tile drill bits market is expected to register a CAGR of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

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

5. Global Tile Drill Bits 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. Tile Drill Bits Market Size and Volume Forecast by Type
      5.3.1. Tungsten Carbide
      5.3.2. Diamond
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Tile Drill Bits 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. Tile Drill Bits Market Size and Volume Forecast by Application
      6.3.1. Tile
      6.3.2. Porcelain
      6.3.3. Glass
      6.3.4. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Tile Drill Bits 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. Tile Drill Bits 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 Tile Drill Bits 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. Tile Drill Bits 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 Tile Drill Bits Demand Share Forecast, 2019-2026

9. North America Tile Drill Bits 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 Tile Drill Bits 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 Tile Drill Bits Market Size and Volume Forecast by Application
      9.4.1. Tile
      9.4.2. Porcelain
      9.4.3. Glass
      9.4.4. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Tile Drill Bits Market Size and Volume Forecast by Type
      9.7.1. Tungsten Carbide
      9.7.2. Diamond
   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 Tile Drill Bits Demand Share Forecast, 2019-2026

10. Latin America Tile Drill Bits 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 Tile Drill Bits 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 Tile Drill Bits Market Size and Volume Forecast by Application
      10.4.1. Tile
      10.4.2. Porcelain
      10.4.3. Glass
      10.4.4. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Tile Drill Bits Market Size and Volume Forecast by Type
      10.7.1. Tungsten Carbide
      10.7.2. Diamond
   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 Tile Drill Bits Demand Share Forecast, 2019-2026

11. Europe Tile Drill Bits 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 Tile Drill Bits 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 Tile Drill Bits Market Size and Volume Forecast by Application
      11.4.1. Tile
      11.4.2. Porcelain
      11.4.3. Glass
      11.4.4. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Tile Drill Bits Market Size and Volume Forecast by Type
      11.7.1. Tungsten Carbide
      11.7.2. Diamond
   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 Tile Drill Bits Demand Share, 2019-2026

12. Asia Pacific Tile Drill Bits 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 Tile Drill Bits 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 Tile Drill Bits Market Size and Volume Forecast by Application
      12.4.1. Tile
      12.4.2. Porcelain
      12.4.3. Glass
      12.4.4. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Tile Drill Bits Market Size and Volume Forecast by Type
      12.7.1. Tungsten Carbide
      12.7.2. Diamond
   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 Tile Drill Bits Demand Share, 2019-2026

13. Middle East & Africa Tile Drill Bits 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 Tile Drill Bits 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 Tile Drill Bits Market Size and Volume Forecast by Application
      13.4.1. Tile
      13.4.2. Porcelain
      13.4.3. Glass
      13.4.4. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Tile Drill Bits Market Size and Volume Forecast by Type
      13.7.1. Tungsten Carbide
      13.7.2. Diamond
   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 Tile Drill Bits Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Tile Drill Bits Market: Market Share Analysis
   14.2. Tile Drill Bits Distributors and Customers
   14.3. Tile Drill Bits Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. DEWALT
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Heller
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Toolpak
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Bosch
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Mexco
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. RUBI
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Hilti
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Marcrist
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Rothenberger
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. DIAGER
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         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

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