Polycrystalline Diamond Cutting Tool is short for PCD cutting tool. Polycrystalline Diamond (PCD) is a synthetic diamond product that is produced by sintering together selected diamond particles with a metal matrix, using sophisticated technology. The diamond and matrix, when sintered together under high temperatures and pressures, creates a PCD tool blank that is high in uniform hardness and is abrasive resistant in all directions. This PCD diamond layer is then bonded to a tungsten carbide substrate, which provides strength and a brazable base to permit bonding to other metals.
The global market for Polycrystalline Diamond Cutting Tool is estimated to increase from US$ 879.3 million in 2021 to reach US$ 1417 million by 2028, exhibiting a CAGR of 7.1% during 2022-2028. Keeping in mind the uncertainties of COVID-19 and Russia-Ukraine War, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Global key players of polycrystalline diamond cutting tool include Sandvik Group, Sumitomo Electric, Kennametal, Ceratizit, Mitsubishi Materials, etc. Global top five manufacturers hold a share about 46%. China is the largest producer, holds a share around 36%, followed by Europe, with share 26%. The largest market is Asia-Pacific, holds a share about 51%, followed by Europe and North America, with around 24% and 16% market share respectively.
Report Coverage
This latest report provides a deep insight into the global Polycrystalline Diamond Cutting Tool market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, value chain analysis, etc.
This report aims to provide a comprehensive picture of the global Polycrystalline Diamond Cutting Tool market, with both quantitative and qualitative data, to help readers understand how the Polycrystalline Diamond Cutting Tool market scenario changed across the globe during the pandemic and Russia-Ukraine War.
The base year considered for analyses is 2021, while the market estimates and forecasts are given from 2022 to 2028. The market estimates are provided in terms of revenue in USD millions and volume in K Units.
Market Segmentation:
The study segments the Polycrystalline Diamond Cutting Tool market and forecasts the market size by Type (PCD Milling Tools, PCD Turning Tools and PCD Holemaking Tools), by Application (Automotive Industry, Machinery Industry, Aerospace Industry and Electronics and Semiconductor), and region (APAC, Americas, Europe, and Middle East & Africa).
Segmentation by type
PCD Milling Tools
PCD Turning Tools
PCD Holemaking Tools
PCD Inserts
Others
Segmentation by application
Automotive Industry
Machinery Industry
Aerospace Industry
Electronics and Semiconductor
Others
Segmentation by region
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Major companies covered
Kennametal
Sandvik Group
Mapal
Wirutex
Ceratizit
Sumitomo Electric
Kyocera
Mitsubishi Materials
Union Tool
Asahi Diamond Industrial
Shinhan Diamond
EHWA
Halcyon Technology
TOP TECH Diamond Tools
Telcon Diamond
Beijing Worldia Diamond Tools
Shanghai Nagoya Precision Tools
Zhengzhou Diamond Precision Manufacturing
Shenzhen Junt
Weihai Weiying
Chapter Introduction
Chapter 1: Scope of Polycrystalline Diamond Cutting Tool, Research Methodology, etc.
Chapter 2: Executive Summary, global Polycrystalline Diamond Cutting Tool market size (sales and revenue) and CAGR, Polycrystalline Diamond Cutting Tool market size by region, by type, by application, historical data from 2017 to 2022, and forecast to 2028.
Chapter 3: Polycrystalline Diamond Cutting Tool sales, revenue, average price, global market share, and industry ranking by company, 2017-2022
Chapter 4: Global Polycrystalline Diamond Cutting Tool sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global Polycrystalline Diamond Cutting Tool market size forecast by region, by country, by type, and application.
Chapter 13: Comprehensive company profiles of the leading players, including Kennametal, Sandvik Group, Mapal, Wirutex, Ceratizit, Sumitomo Electric, Kyocera, Mitsubishi Materials and Union Tool, etc.
Chapter 14: Research Findings and Conclusion