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Market Research Report
Carbide Tools: Global Markets |
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Published by | BCC Research | Product code | 950821 | ||||
Published | Content info | 131 Pages Delivery time: 1-2 business days |
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Carbide Tools: Global Markets | ||
Published: July 23, 2020 | Content info: 131 Pages |
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The global market for carbide tools was valued at $11.9 billion in 2019, this market is expected to grow from $11.5 billion in 2021 to $16.0 billion by 2025 with a compound annual growth rate (CAGR) of 8.5% for the period of 2020-2025.
Milling tools market was valued at $2.6 billion in 2019, this market is expected to grow from $2.7 billion in 2021 to $3.9 billion by 2025 with a compound annual growth rate (CAGR) of 9.3% for the period of 2020-2025.
Drilling tools market was valued at $2.6 billion in 2019, this market is expected to grow from $2.4 billion in 2021 to $3.2 billion by 2025 with a compound annual growth rate (CAGR) of 8.1% for the period of 2020-2025.
This study provides figures for 2019 and CAGR projections for 2021 to 2025 for the global and regional markets. The projections are based on primary contacts and our understanding of the key market drivers and their impact from historical and analytical perspectives.
This study presents both quantitative and qualitative analyses. In quantitative analysis, we included market-related information like market value. In the qualitative analysis, the study covers market dynamics, macroeconomic industrial scenario, market definition, and other factors that impact the global market for carbide tools.
This report also considers the impact of COVID-19 on end-user industries.
The global market for carbide tools is segmented into three categories: tool type, coating type and end-use industries.
This report defines various market sectors, identifies key companies, and analyzes the markets to provide a five-year market forecast. In the final section, the study profiles companies, their key developments and overall market strategy for the market for carbide tools.