Diamond tools are cutting, grinding and polishing tools with diamond grains fixed on the functional parts of the tool via a bonding material or another method. Diamond tools have unique advantage, such as high hardness, heat resistance, cutting edge sharpness, good thermal conductivity, etc. Diamond tools are widely used in every manufacturing workplace.
According to our (Global Info Research) latest study, the global Diamond Tools market size was valued at USD 18090 million in 2022 and is forecast to a readjusted size of USD 24610 million by 2029 with a CAGR of 4.5% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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The industry is crowded with manufacturers and intense competition. The leading producers are Husqvarna Group, Ehwa and Shinhan Diamond, with revenue ratios of 3.66%, 2.07% and 1.87%. By region, Europe has the highest income, accounting for about 33.04% in 2019.
Market segment by Type
Diamond Sawing Tools
Diamond Drilling Tools
Diamond Cutting Tools
Abrasives
Others
Market segment by Application
Stone and Construction
Transportation
Machinery
Electronics and Semiconductors
Others
Major players covered
Husqvarna Group
Ehwa
Shinhan Diamond
Tyrolit
Hilti
ICS
LEUCO
Asahi Diamond Industrial
Bosun
Bosch Tool
Makita
Hebei XMF Tools
Diamantwerkzeuge und Maschinen
Protech Diamond Tools
Continental Diamond Tool
Jiangsu Huachang
Tokyo Diamond Tools
Disco Diamond Tools
GBS Diamond Tools
This report is a detailed and comprehensive analysis for global Diamond Tools market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
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