Circular Saw Blades Market Report
The report on the Circular Saw Blades Market is segmented By Product Type (Carbide Saw Blades, Diamond Saw Blades, Others), Application (Wood and Wood-based Materials Cutting, Metal Materials Cutting, Stone Cutting, Other), and Region. This also covers the COVID-19 Impact Analysis and Forecast to 2026. This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global Circular Saw Blades market. The historic years considered for the study are 2016-2019, the base year is 2020, and the forecast period is 2021-2026.
The report on the Circular Saw Blades Market is segmented By Product Type (Carbide Saw Blades, Diamond Saw Blades, Others), Application (Wood and Wood-based Materials Cutting, Metal Materials Cutting, Stone Cutting, Other), and Region. ...
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.
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.
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 operating in the Circular Saw Blades market are-
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.
By application, the circular saw blades market has been bifurcated into wood and wood-based materials cutting, metal materials cutting, stone cutting and other.
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 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.
Here is the list of the group of customers that the Circular Saw Blades market hopes to have the greatest opportunity to convert-
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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.