Global Turning Tools Market Insights, Opportunity, Analysis, Growth Potential & Forecast 2017 – 2021

Turning Tools Market 2017

Turning is a metal cutting process primarily used for generating cylindrical surfaces. In this process, mostly the workpiece is rotated on a spindle. The tool is fixed and fed into the piece both axially and radially to get the required surface, and it is frequently done with a single point tool. Turning tools consist of a replaceable insert in its body, and the insert can vary, based on shape, material, geometry, and coating. For instance, the round-shaped insert is used to maximize the edge strength, and the diamond shape insert provides a sharp point to cut fine features or to increase the number of edges. The insert used is generally made of materials such as carbide, although the materials such as ceramic and diamond inserts are used for demanding applications. In addition, a variety of protective coatings helps in increasing the process efficiency and to enhance the lifetime of the tool.

The analysts forecast the global turning tools market to grow at a CAGR of 7.99% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global turning tools market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of turning tools.

The market is divided into the following segments based on geography:
• Americas


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The report, Global Turning Tools Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Ingersoll Cutting Tool Company
• Kennametal Foundation
• Sandvik
• Mikron Tool
• NTK Cutting Tools
• WNT tools

Other prominent vendors
• CeramTec Group
• Guhring
• Hanjiang Tool
• Jiangsu Feida Drills
• Mitsubishi Materials
• Shanghai Tool Works
• Samvardhana Motherson Group
• Raymond
• Travers Tool
• Tiangong International
• vhf
• WNT Tools
• ZCC Cutting Tools

Market driver
• Growth of fabricated products in automotive industry
• For a full, detailed list, view our report

Market challenge
• Rise in popularity of electrical discharge and electrochemical machining
• For a full, detailed list, view our report

Market trend
• Use of rotary turning in high-temperature alloys in aerospace industry
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?


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Table of Contents

PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology 

PART 04: Introduction
• Key market highlights

PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis

PART 06: Market segmentation by product
• Market overview
• Boring
• Facing

PART 07: Geographical segmentation
• Market overview
• Americas

PART 08: Decision framework 

PART 09: Drivers and challenges
• Market drivers
• Impact of drivers on key customer segments
• Market challenges
• Impact of challenges on key customer segments

PART 10: Market trends
• Use of face drivers
• Additive manufacturing
• Use of rotary turning in high-temperature alloys in aerospace industry
• Enhanced growth of fabricated metal products



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Norah Trent

Partner Relations & Marketing Manager

Ph: +1-646-845-9349 (US)

Ph: +44 208 133 9349 (UK)


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