Saw blades are the tools used for shaping and cutting metal, wood, tiles, stones, and concrete. A saw blade consists of a chain, blade, or toothed edges which facilitates smooth cutting. Saw blades come in different designs and types, specific for the materials it is used on. Some of the commonly used saw blades are circular, stone cutting, hand, band, and straight & chain saw blades. Saw blades are used for applications in furniture, lumbering, automotive, construction, and mining.
MARKET DYNAMICS
Increasing demand from the furniture industry are driving the growth of the saw blades market. However, the increasing raw material prices may restrain the growth of the saw blades market. Furthermore, the technological advancements in saw blades are anticipated to create a market opportunity for the saw blades market during the forecast period.
MARKET SCOPE
The "Global Saw Blades Market Analysis To 2028" is a specialized and in-depth study of the manufacturing and construction industry with a special focus on the global market trend analysis. The saw blades market report aims to provide an overview of the saw blades market with detailed market segmentation by product type, application, and geography. The global saw blades market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading saw blades market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global saw blades market is segmented on the basis of product type and application. Based on product type, the saw blades market is segmented into: circular saw, band saw, chain saw, hand saw, and others. On the basis of application, the saw blades market is segmented into: wood cutting, metal cutting, stone cutting, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global saw blades market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The saw blades market by each region is later sub-segmented by respective countries and segments. The saw blades market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the saw blades market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the saw blades market in these regions.
IMPACT OF COVID-19 ON SAW BLADES MARKET
The COVID-19 pandemic has shaken manufacturing industries profoundly. Several countries witnessed a significant surge in cases in 2020, which led them to shut down business and manufacturing operations for a few months. The surge in number of COVID-19 cases and shutting down of business operations for months, manufacturers had to continue the production of essential products, resume it earlier than other businesses. Further, since manufacturing facilities across the globe were completely shut down for months, the manufacturers of saw blades faced several challenges related to procuring raw material and keeping up with the overall stock, among others. However, since the beginning of 2021, governments of various countries across the globe have expedited the vaccination process, and currently the number of COVID-19 cases in the region is reducing. Seeing this, the government authority has now opened up the economy, and various industries are now functional with more stringent sanitation guidelines. This has led to creation of demand of saw blades.
MARKET PLAYERS
The reports cover key developments in the saw blades 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 the expansion of business and customer base of market players. The market players from saw blades market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the saw blades market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the saw blades market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- AKE Knebel GmbH and Co. KG
- DoAll Company
- Freud America Inc.
- Kinkelder B.V.
- Ledermann GmbH and Co. KG
- Leuco Tool Corporation
- The M K Morse Company
- Pilana Knives A.S.
- Simonds International L.L.C. (BGR Saws Inc.)
- Stanley Black and Decker Inc.