Metal Cutting Tools Market - Top Companies and Manufacturers

Companies Dominating the Metal Cutting Tools Landscape

In addition, industries have a crucial role in executing the metal-cutting process. These industries equipped with modern technological requirements, skilled workforce, and high-quality mechanical structures make users convenient. The following are the few major players in the metal cutting tools market:

Sandvik AB
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
Kennametal Inc.
OSG USA, INC.
CERATIZIT S.A.
KYOCERA Corporation
MAPAL
Mitsubishi Motors North America, Inc.
BIG KAISER Precision Tooling Inc.
Guhring, Inc.
ISCAR LTD.

Browse Key Market Insights with Data Illustration:

Metal Cutting Tools Market Size & Share | Growth Report 2037

In the News

Sandvik AB has signed an agreement to acquire Spanish company Prezis, a solution provider for cutting tools is a comprehensive drilling, reaming, milling, and tooling system. With the acquisition of Prezis, Sandvik will establish its automotive supplier intensity of market sub-segments. The company profile will include Sandvik Coromant, a division within Sandvik Manufacturing and Machining Solutions.
Guhring, Inc., new SpyroTec countersinks, featuring three different convex cutting-edges and a unique spiral-fluted geometry, provide a 60% reduction in energy 60% reduction in energy delivery, and a 50% reduction in radial power.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of metal cutting tools is assessed at USD 88.34 billion.

The metal cutting tools market size was valued at USD 84.36 billion in 2024 and is expected to reach USD 177.74 billion by 2037, registering around 5.9% CAGR during the forecast period i.e., between 2025-2037. The market growth is impelled by continuously rising demand for metals and metal products in the market.

Asia Pacific industry is set to dominate majority revenue share of 34% by 2037, influenced by rapid urbanization in the region.

The major players in the market are OSG USA, INC., CERATIZIT S.A., KYOCERA Corporation, MAPAL, Mitsubishi Motors North America, Inc., BIG KAISER Precision Tooling Inc., and others.

Metal Cutting Tools Market - Top Companies and Manufacturers

Companies Dominating the Metal Cutting Tools Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How much is the metal cutting tools market worth?

Why is the demand for metal cutting tools growing?

Which region dominated the majority of metal cutting tools industry share?

Who are the top metal cutting tools companies?