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    Circular Saw Blades Market Report

    Circular Saw Blades Market Report
    Report code - SR1107 Delivery - 2 Weeks
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    Circular Saw Blades Market, Trends, Dynamics, and Market Insights
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    Impact of COVID-19 on Circular Saw Blades Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Circular Saw Blades Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    The Circular Saw Blades market is projected to grow from USD 9.2 billion in 2020 to USD 11.6 billion by 2026 at a CAGR of around 4.0% during the forecast period.

    Figure: Circular Saw Blades Market Size, 2020-2026 (USD Billion)

    Circular-Saw-Blades-Market-Forecast

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    What are circular saw blades?

    A circular saw is a power saw that includes abrasive blade or disc to cut different materials using a rotary motion spinning around an arbor. It is used to cut different materials such as masonry, plastic, metal and wood. Based on product type, a circular saw blade can be categorized as carbide saw blades, diamond saw blades and others.

    Key Players

    Key players operating in the Circular Saw Blades market are-

    • Stark SpA (Italy),
    • Tangshan Metallurgical Saw Blade Co.,Ltd. (China),
    • General Saw Corporation (The U.S),
    • Lenox Corporation (The U.S),
    • Huanghe Whirlwind (China),
    • Kinkelder B.V. (Netherlands),
    • KANEFUSA CORPORATION (Japan),
    • Diamond Products Limited (The U.S),
    • FERROTEC HOLDINGS CORPORATION (Japan),
    • LEUCO TOOL Corporation (The U.S),
    • Skiltools (The U.S),
    • Ehwa Diamond Industrial Co., Ltd. (Japan), and
    • Jiangsu Fengtai Tools Co.,Ltd. (China).

    Market Dynamics

    Growing demand for the metal from the major end-use industries such as automotive, aerospace & defense, and building & construction is likely to propel the market growth at a significant rate during the review period.

    • The growth of the circular saw blades market is primarily driven by increasing demand for wood in the furnishing and building & construction industries.
    • In addition to this, rising demand for circular saw blades with improved performance and cost-effectiveness is likely to create lucrative opportunities for the players operating in the global market in the coming years.

    Segments' Analysis

    Application Trends

    By application, the circular saw blades market has been bifurcated into wood and wood-based materials cutting, metal materials cutting, stone cutting and other.

    • Under these, the wood and wood-based materials segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period on account of increasing demand for wood in the furnishing industry.

    Regional Trends

    By region, the market in Asia-Pacific accounted for the largest market share in 2020 and is projected to grow at a significant CAGR during the assessment period.

    • The regional growth can be attributed to increasing demand for wood and metal in the end-use industries and presence of key market players such as KANEFUSA CORPORATION (Japan) and Jiangsu Fengtai Tools Co.,Ltd. (China).
    • The market growth in North America region is expected to be driven by established presence of the end-use industries.

    COVID-19 Impact on Circular Saw Blades Market

    The covid-19 outbreak posed significant challenges on the various verticals across geographies. It impacted the growth of the circular saw blades market negatively as the imposition of complete lockdown and restrictions on trade affected the product supply and demand.

    Critical Questions Answered in the Report

    • What are the key trends in the Circular Saw Blades market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
    • What is the impact of COVID-19 on the Circular Saw Blades market?
    • What are the key strategies adopted by the major vendors to lead in the Circular Saw Blades market?
    • What is the market share of the top vendors?

    Target Audience

    Here is the list of the group of customers that the Circular Saw Blades market hopes to have the greatest opportunity to convert-

    • Circular saw blades distributors
    • Circular saw blades suppliers
    • Circular saw blades manufacturers
    • Logistics organizations
    • Government bodies

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    Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]

    Frequently Asked Questions (FAQs)

    The circular saw blades market size is expected to reach USD 11.6 billion in the foreseeable future.

    Stark SpA (Italy), Tangshan Metallurgical Saw Blade Co.,Ltd. (China), General Saw Corporation (The U.S), Lenox Corporation (The U.S), Huanghe Whirlwind (China), Kinkelder B.V. (Netherlands), KANEFUSA CORPORATION (Japan), Diamond Products Limited (The U.S), FERROTEC HOLDINGS CORPORATION (Japan), LEUCO TOOL Corporation (The U.S), Skiltools (The U.S), Ehwa Diamond Industrial Co., Ltd. (Japan) and Jiangsu Fengtai Tools Co.,Ltd. (China) are among the key players in the circular saw blades market.

    The circular saw blades market is expected to witness an impressive growth of 4.0% CAGR in the foreseeable future.

    Asia-Pacific accounted for the largest market share in 2020 and is projected to grow at a significant CAGR.

    The wood and wood-based materials segment accounted for the largest market share in 2020 and is projected to register significant growth.

    Circular saw blades distributors, Circular saw blades suppliers, Circular saw blades manufacturers, Logistics organizations, Government bodies are the target audience in the circular blades market.

    •