What is Global Bandsaw Blade Market?
The Global Bandsaw Blade Market is a comprehensive study of the worldwide market trends and growth prospects. This market is primarily segmented into different types and applications. A bandsaw blade is a long, sharp blade consisting of a continuous band of toothed metal stretched between two or more wheels to cut material. They are used principally in woodworking, metalworking, and lumbering, but may cut a variety of materials. The global market for these blades is vast and diverse, with numerous manufacturers and suppliers competing for market share. The market's value was estimated at US$ 2029 million in 2022, and it is projected to reach US$ 2624.5 million by 2029. This indicates a steady growth rate, with a Compound Annual Growth Rate (CAGR) of 3.7% expected from 2023 to 2029.
High Speed Steel Bandsaw Blade, Carbide Tipped Bandsaw Blade, Others in the Global Bandsaw Blade Market:
The Global Bandsaw Blade Market is segmented based on the type of blade, which includes High Speed Steel Bandsaw Blade, Carbide Tipped Bandsaw Blade, and others. The High Speed Steel Bandsaw Blade is made from high-speed steel, a high carbon tool steel known for its heat resistance and hardness. These blades are commonly used in industrial applications for cutting a variety of materials. The Carbide Tipped Bandsaw Blade, on the other hand, is tipped with carbide, a material that is harder than most other materials and can withstand higher temperatures. This type of blade is often used for cutting harder materials, such as metals. The 'Others' category includes various other types of bandsaw blades that are used for specific applications or materials. The largest segment in terms of product is the Carbide tipped bandsaw blade, which holds a market share of about 55%.
Ferrous Metallurgy Industry, Machining, Automobile Industry, Aviation, Others in the Global Bandsaw Blade Market:
The Global Bandsaw Blade Market also varies based on the application or usage of the bandsaw blades. These blades are used in a wide range of industries, including the Ferrous Metallurgy Industry, Machining, Automobile Industry, Aviation, and others. In the Ferrous Metallurgy Industry, bandsaw blades are used to cut ferrous metals, which are metals that contain iron. In the Machining industry, these blades are used to cut various materials to specific shapes and sizes. The Automobile Industry uses bandsaw blades for cutting and shaping parts of vehicles. In the Aviation industry, these blades are used for cutting and shaping parts of aircraft. The 'Others' category includes various other industries and applications where bandsaw blades are used.
Global Bandsaw Blade Market Outlook:
To recap the market outlook, the Global Bandsaw Blade Market was valued at US$ 2029 million in 2022. It is projected to grow at a steady pace, reaching an estimated value of US$ 2624.5 million by 2029. This growth is expected to occur at a Compound Annual Growth Rate (CAGR) of 3.7% during the forecast period of 2023 to 2029. The market is dominated by the top three manufacturers, who collectively hold a market share of about 30%. In terms of product type, the Carbide tipped bandsaw blade is the largest segment, accounting for about 55% of the market.
| Report Metric | Details |
| Report Name | Bandsaw Blade Market |
| Accounted market size in 2022 | US$ 2029 in million |
| Forecasted market size in 2029 | US$ 2624.5 million |
| CAGR | 3.7% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | AMADA, WIKUS, LENOX, BAHCO, DOALL, Benxi Tool, EBERLE, Robert Rontgen, Bichamp, Starrett, M. K. Morse, Simonds International, SMG, Dalian Bi-Metal, Dsspc-sanda, TCJY |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
