Diamond tools are cutting tool with diamond grains fixed on the functional parts of the tool via a bonding material or another method. Diamond tools have unique advantage, such as high hardness, heat resistance, cutting edge sharpness, good thermal conductivity, etc. It is widely used in stone processing industry, transportation industry, geological prospecting industry, machining, etc.
Diamond tools is the best hardness materials processing tools, which has the unique advantage (good processing quality, high efficiency). It can significantly reduce processing costs and improve working conditions. So, it is widely used in stone processing industry, transportation industry, geological prospecting industry and machining. Stone processing industry is its largest downstream market, which take up 30.87% of the consumption in 2016
At present, the production of diamond tools is distributed in United States, Europe, China, Japan and South Korea. China is the largest production country of diamond tools in the world in the past few years and it will keep the same position in the next few years. The diamond tools market concentration is not high. The China market will take up about 28.68% in the global production market in 2016.
Asahi Diamond Industrial, Husqvarna AB, Tyrolit, ICS, Blount amd Ehwa are the key suppliers in the global diamond tools. The market of diamond tools is dispersed. So, top five company production will take up about 7.98% of the global market in 2016.
According to this study, over the next five years the Diamond Tools market will register a 2.7% CAGR in terms of revenue, the global market size will reach USD 15200 million by 2024, from USD 13000 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Diamond Tools business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Diamond Tools market by product type, application, key manufacturers and key regions and countries.
This study considers the Diamond Tools value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Abrasives Type
Diamond Sawing Tools
Diamond Drilling Tools
Diamond Cutting Tools
Others
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Stone Processing Industry
Transportation Industry
Geological Prospecting Industry
Machining
Other
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Asahi Diamond Industrial
Husqvarna AB
Tyrolit
Ehwa
Hilti
ICS, Blount
Bosun
Saint Gobain
Disco
Hebei XMF Tools
Gangyan Diamond
Reliable Diamond Tool
Makita
Bosch
Shibuya Company
Syntec Diamond Tools
OX Group International
Nanjing Sanchao Advanced Materials
MK Diamond Products
Lackmond
Metabo Power Tools
Billon Power Diamond Tools
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Diamond Tools consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Diamond Tools market by identifying its various subsegments.
Focuses on the key global Diamond Tools manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Diamond Tools with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Diamond Tools submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
