A cutting disc is a power tool used for cutting hard materials, such as ceramic tile, metal, concrete, stone, bricks, and others. This tool is cutting very hard materials; additionally, it is highly efficient. These factor is increasing the demand for the cutting discs market. The various application such as to cut timber, pipes, laboratory material, and others has raised the demand for the cutting discs market. The growing construction industry is heavily demanding for the cutting disc to perform their primary tasks, which also propels the growth of the cutting discs market.
MARKET DYNAMICS
Cutting discs used to cut sheet metal, sizing metal stock for welding, cut a weld, cutting and notching steel pipe, and others. This wide range of applications of cutting discs is increasing demands for the cutting discs market. Furthermore, the need for cutting hard materials is raising demand for the cutting discs that propels the growth of the cutting discs market. Manufacturers are focusing on enhancing the sharpness and durability of the tools to ensure speed, quality, and precision, which may open new avenues for growth of the cutting discs market. Growing industrialization across the globe and rising the use of cutting discs in the industries is likely to influence the growth of cutting discs market.
MARKET SCOPE
The "Global Cutting Discs Market Analysis to 2028" is a specialized and in-depth study of the cutting discs industry with a special focus on the global market trend analysis. The report aims to provide an overview of cutting discs market with detailed market segmentation by product, end-user, and geography. The global cutting discs market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cutting discs market players and offers key trends and opportunities in the cutting discs market.
MARKET SEGMENTATION
The global cutting discs market is segmented on the basis of product, end-user. On the basis of product the market is segmented as stainless steel cutting discs, diamond coating cutting discs, aluminum cutting discs, others. On the basis of end-user the market is segmented as laboratory, construction, mechanical equipment processing, timber industry, pipe processing, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global cutting discs market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The cutting discs market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting cutting discs market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the cutting discs market in these regions.
MARKET PLAYERS
The reports cover key developments in the cutting discs market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from cutting discs are anticipated to lucrative growth opportunities in the future with the rising demand for cutting discs in the global market. Below mentioned is the list of few companies engaged in the cutting discs market.
The report also includes the profiles of key cutting discs companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Camel Grinding Wheels Works Sarid LTD
- DEWALT
- DIACUT Inc.
- DRONCO
- Everett Industries, LLC
- Klingspor AG
- LISSMAC Maschinenbau GmbH
- Nanjing Hongxin Grinding Wheel Co., Ltd.
- Rhodius
- Saint-Gobain