Diamond Tools Market Overview of Key Strategies with Size & Share Analysis and Forecast 2020-2030
Market Overview
Diamond is a crystalline stone that is made up of the purest form of carbon. A diamond tool is a cutting tool that is infused with diamonds on the functional section of the tool and is used on the toughest materials. The material may granulate at micro nanoscales due to the diamond infusion. High heat resistance, cutting edge sharpness, excessive hardness, excellent heat resistance, and thermal conductivity are all characteristics of this cutting tool. Diamond tools are extensively used in Optical manufacturing industries which include lenses and mirrors and also other glass drilling works. For dressing other grinding wheels and sharpening various cutting tools, diamond abrasive wheels are used in the Abrasive Machining process.
Market Highlights
Diamond Tools market is expected to project a notable CAGR of 4.74% in 2031
Diamond Tools market to surpass USD 26.56 billion by 2031 from USD 16.72 billion in 2021 at a CAGR of 4.74% in the coming years, i.e., 2022-31. There is a massive rise in construction activity and the trend is set to continue over the forecast period. Owing to the increasing investments in the construction industry, the demand for the diamond saw blades in rising extensively and thereby, driving the growth of the diamond tools market.
Diamond Tools market: Segments
segment to grow with the highest CAGR during 2021-31
Diamond Tools market is segmented by Type into Abrasive, Sawing Tool, Drilling Tool, Cutting Tool and Others. The abrasives tool category has the greatest market share and is expected to grow at the fastest rate during the projected period. The elements that contribute to increased demand for floor finishing in the building sector.
Construction segment to grow with the highest CAGR during 2021-31
Diamond Tools market is segmented by End-use industry into Stone Processing, Transportation, Geological Prospecting, Machining, Construction, Woodworking, and Others. For the projection period, the construction industry segment is expected to have the greatest CAGR. The market for this sector is being fueled by variables that may be related to the rising desire for higher construction spending throughout the world.
Diamond Tools Market: Key Players
Husqvarna Group
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Ehwa
Industrial Co., Ltd.
Asahi Diamond Industrial Co., Ltd.
Tyrolit, Hilti Corporation
Blount International Inc.
Saint Gobain
Robert Bosch
Diamond Tools market: Regions
Diamond Tools market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. Diamond Tools market in North America held the largest market share in the year 2020 and is also expected to have the highest market size in the forecast period owing to high construction activity in the region and expansion of the automotive industry, strong governmental initiatives, and ongoing projects will boost the market in this region.
Segmentation
By Type
Abrasive
Sawing Tool
Drilling Tool
Cutting Tool
Others
By Manufacturing Methods
Metal Bonded
Resin Bonded
Plated
Ceramic Bonding
PCD
PDC
Others
By Applications
Turning
Fly Cutting
Multi-Axis Milling
Groving
Borinog
Others
By End-User Industry
Stone Processing
Transportation
Geological Prospecting
Machining
Construction
Woodworking
Others
Diamond Tools Market Dynamics
Diamond Tools Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Diamond is a crystalline stone that is made up of the purest form of carbon. A diamond tool is a cutting tool that is infused with diamonds on the functional section of the tool and is used on the toughest materials. The material may granulate at micro nanoscales due to the diamond infusion. High heat resistance, cutting edge sharpness, excessive hardness, excellent heat resistance, and thermal conductivity are all characteristics of this cutting tool. Diamond tools are extensively used in Optical manufacturing industries which include lenses and mirrors and also other glass drilling works. For dressing other grinding wheels and sharpening various cutting tools, diamond abrasive wheels are used in the Abrasive Machining process.
Market Highlights
Diamond Tools market is expected to project a notable CAGR of 4.74% in 2031
Diamond Tools market to surpass USD 26.56 billion by 2031 from USD 16.72 billion in 2021 at a CAGR of 4.74% in the coming years, i.e., 2022-31. There is a massive rise in construction activity and the trend is set to continue over the forecast period. Owing to the increasing investments in the construction industry, the demand for the diamond saw blades in rising extensively and thereby, driving the growth of the diamond tools market.
Diamond Tools market: Segments
segment to grow with the highest CAGR during 2021-31
Diamond Tools market is segmented by Type into Abrasive, Sawing Tool, Drilling Tool, Cutting Tool and Others. The abrasives tool category has the greatest market share and is expected to grow at the fastest rate during the projected period. The elements that contribute to increased demand for floor finishing in the building sector.
Construction segment to grow with the highest CAGR during 2021-31
Diamond Tools market is segmented by End-use industry into Stone Processing, Transportation, Geological Prospecting, Machining, Construction, Woodworking, and Others. For the projection period, the construction industry segment is expected to have the greatest CAGR. The market for this sector is being fueled by variables that may be related to the rising desire for higher construction spending throughout the world.
Diamond Tools Market: Key Players
Husqvarna Group
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Ehwa
Industrial Co., Ltd.
Asahi Diamond Industrial Co., Ltd.
Tyrolit, Hilti Corporation
Blount International Inc.
Saint Gobain
Robert Bosch
Diamond Tools market: Regions
Diamond Tools market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. Diamond Tools market in North America held the largest market share in the year 2020 and is also expected to have the highest market size in the forecast period owing to high construction activity in the region and expansion of the automotive industry, strong governmental initiatives, and ongoing projects will boost the market in this region.
Segmentation
By Type
Abrasive
Sawing Tool
Drilling Tool
Cutting Tool
Others
By Manufacturing Methods
Metal Bonded
Resin Bonded
Plated
Ceramic Bonding
PCD
PDC
Others
By Applications
Turning
Fly Cutting
Multi-Axis Milling
Groving
Borinog
Others
By End-User Industry
Stone Processing
Transportation
Geological Prospecting
Machining
Construction
Woodworking
Others
Diamond Tools Market Dynamics
Diamond Tools Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
1. EXECUTIVE SUMMARY
2. DIAMOND TOOLS MARKET
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. RESEARCH METHODOLOGY
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. AVERAGE PRICING ANALYSIS
5. MACRO-ECONOMIC INDICATORS
6. MARKET DYNAMICS
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. CORRELATION & REGRESSION ANALYSIS
7.1. Correlation Matrix
7.2. Regression Matrix
8. RECENT DEVELOPMENT, POLICIES & REGULATORY LANDSCAPE
9. RISK ANALYSIS
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. DIAMOND TOOLS MARKET ANALYSIS
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. DIAMOND TOOLS MARKET
11.1. Market Size & forecast, 2020A-2030F
11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. DIAMOND TOOLS MARKET: MARKET SEGMENTATION
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.2. Europe: (Germany, UK, France, Italy, Spain, and Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.3. Asia-Pacific: (China, India, Japan, Australia and Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.4. Latin America: (Brazil, Mexico, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.5. Middle East and Africa, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2. By Type: Market Share (2020-2030F)
12.2.1. Abrasive, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.2. Sawing Tool, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.3. Drilling Tool, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.4. Cutting Tool, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.5. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3. By Manufacturing Methods: Market Share (2020-2030F)
12.3.1. Metal Bonded, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.2. Resin Bonded, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.3. Plated, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.4. Ceramic Bonding, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.5. PCD, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.6. PDC, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.7. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4. By Applications: Market Share (2020-2030F)
12.4.1. Turning, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.2. Fly Cutting, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.3. Multi-Axis Milling, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.4. Grooving, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.5. Boring, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.6. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5. By End User Industry: Market Share (2020-2030F)
12.5.1. Stone Processing, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.2. Transportation, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.3. Geological Prospecting, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.4. Machining, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.5. Construction, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.6. Woodworking, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.7. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
13. COMPANY PROFILE
13.1. Husqvarna Group
13.1.1. Company Overview
13.1.2. Company Total Revenue (Financials)
13.1.3. Market Potential
13.1.4. Global Presence
13.1.5. Key Performance Indicators
13.1.6. SWOT Analysis
13.1.7. Product Launch
13.2. Ehwa
13.3. Industrial Co., Ltd.
13.4. Asahi Diamond Industrial Co., Ltd.
13.5. Tyrolit, Hilti Corporation
13.6. Blount International Inc.
13.7. Saint Gobain
13.8. Robert Bosch
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
2. DIAMOND TOOLS MARKET
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. RESEARCH METHODOLOGY
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. AVERAGE PRICING ANALYSIS
5. MACRO-ECONOMIC INDICATORS
6. MARKET DYNAMICS
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. CORRELATION & REGRESSION ANALYSIS
7.1. Correlation Matrix
7.2. Regression Matrix
8. RECENT DEVELOPMENT, POLICIES & REGULATORY LANDSCAPE
9. RISK ANALYSIS
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. DIAMOND TOOLS MARKET ANALYSIS
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. DIAMOND TOOLS MARKET
11.1. Market Size & forecast, 2020A-2030F
11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. DIAMOND TOOLS MARKET: MARKET SEGMENTATION
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.2. Europe: (Germany, UK, France, Italy, Spain, and Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.3. Asia-Pacific: (China, India, Japan, Australia and Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.4. Latin America: (Brazil, Mexico, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.5. Middle East and Africa, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2. By Type: Market Share (2020-2030F)
12.2.1. Abrasive, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.2. Sawing Tool, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.3. Drilling Tool, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.4. Cutting Tool, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.5. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3. By Manufacturing Methods: Market Share (2020-2030F)
12.3.1. Metal Bonded, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.2. Resin Bonded, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.3. Plated, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.4. Ceramic Bonding, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.5. PCD, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.6. PDC, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.7. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4. By Applications: Market Share (2020-2030F)
12.4.1. Turning, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.2. Fly Cutting, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.3. Multi-Axis Milling, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.4. Grooving, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.5. Boring, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.6. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5. By End User Industry: Market Share (2020-2030F)
12.5.1. Stone Processing, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.2. Transportation, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.3. Geological Prospecting, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.4. Machining, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.5. Construction, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.6. Woodworking, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.7. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
13. COMPANY PROFILE
13.1. Husqvarna Group
13.1.1. Company Overview
13.1.2. Company Total Revenue (Financials)
13.1.3. Market Potential
13.1.4. Global Presence
13.1.5. Key Performance Indicators
13.1.6. SWOT Analysis
13.1.7. Product Launch
13.2. Ehwa
13.3. Industrial Co., Ltd.
13.4. Asahi Diamond Industrial Co., Ltd.
13.5. Tyrolit, Hilti Corporation
13.6. Blount International Inc.
13.7. Saint Gobain
13.8. Robert Bosch
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
