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A saw blade referred to an equipment utilized for cutting & reshaping the hard materials, such as granite, marble, metal, wood, concrete and stone. Some of the most commonly used variants such as hand, circular, straight, chain saw & circular saw blades that are structured with different tooth configurations to gain the needed cut. They’ve coatings of zirconium or chrome & titanium and manufactured with toothed edges to enable smooth and clean cutting. These coatings are created by using physical vapor deposition, which helps in revamp the performance, quality of the cut piece as well as tooth durability. These blades have extensive application across several industrial sectors, such as furniture, mining, construction and automotive.
The major key factor that is contributing a positive impact in this market is rapid industrialization along with significant growth in the furniture manufacturing industry. Moreover, in recent years there has been rise in remodelling, construction and renovation activities which is providing a push in the market growth. Also, there is an increase in the preference for decorative interiors and furniture due to the improving standard of living, which is also creating a rise in requirement of high-quality saw blades that can cut through complex designs and deliver a premium finish to the products.
Additionally, various latest technical advancements, such as the invention of automatic table saws equipped with sensors and monitors to reduce accidents are acting as other key factor for growth. The manufacturers are also focusing on fabricating variants with extended operational life and blades with accurate cuts for nominal tear and wear. Increase in demand for power saws from the automobile industry to cut rubber or metal parts for designing the vehicle’s body, seat frames and door seams are some other factors which can be an aid to drive the market further.
Key Market Driver -
• Increase usage in residential construction & Technological advancements in saw blades market.
Key Market Restraint -
• Skilled Labours & Manpower having knowledge of these tools.
Some of the prominent key players in saw blades market are Bosch, AKE Knebel GmBH, Dimar Tooling, Shine Peak Group (HK) Limited, Snap-on Inc, OSTAR Tools Leitz, Bosun, Freud, AMADA HOLDINGS Co. Ltd., Shijiazhuang Mingye Tools, Zhengyang Tools, LEUCO, Lenox, Illinois Tool Works Inc., Ingersoll Rand Inc, Kinkelder, Kanefusa, PILANA, Xingshuo Saw, DoAll Sawing Products, Stanley Black & Decker, M. K. Morse, Sun Rising Tools and Simonds International.
North America is anticipated to exhibit a substantial growth over forecast period due to the rise in residential & commercial application. The key manufacturers are also focused on providing variety in their product offering for different usage. For instances, Bosch Limited, are expert manufacturers for wood circular saw blade with high cutting performance in wood. Their products are manufactured from extremely strong carbide grains for high durability along with hard microteq teeth and equipped with a feature ATB (Alternate Top Bevel) tooth geometry. The protection coating prevents corrosion & reduces friction, also the anti-vibration slots for smooth cutting with less noise and reduced vibration are some key factors which makes product easy to use. Whereas, Snap-on inc., headquartered in Kenosha, Wisconsin, United States are manufacturers, designer and marketer for high-end tools and equipment for professional usage for industries like automotive, heavy duty & others. This company offers range of metal cutting tools, under their storied European Bahco brand. Product range are includes high-performance bi-metal and carbide bandsaw blades for general purpose and other production cutting applications.
Europe market is expected to see a major growth owing to the rise in the in the reconstruction & renovations activities in the region. The government are rebuilding the old & high rise buildings which will increase the usage of saw blade and hold in the market. Construction activities are expected to be rise in around major countries in Europe including Austria, Belgium, Finland, the Czech Republic, the Czech Republic, Hungary, France, Ireland and Germany. For instances, AKE Knebel GmBH, located in Germany are manufacturers of circular saw blades for all types of material like material, wood and wood-based, plastic, metal & composite materials. They’re designer for the suitable tools for each application & usage, diamond-tipped as well as with high-quality carbide. From conventional saw blades to high-tech versions, for industry as well as craft.
Furthermore, Asia Pacific Region is projected to grow rapidly owing to the growth in population as well as rise in industrialization and residential usage. The growing population will create opportunities in forecast period. The demand & supply of circular saw blade may witness strong boost because of the reconstruction activities increase in the region. For instance, Shine Peak Group (HK) Limited, are manufacturer and exporter of gamut of Diamond Tools. Their range of products includes Laser Welded Diamond Saw Blade, Diamond Saw Blades, Diamond Concrete Blades, Diamond Cutting Blades, Asphalt Cutting Blades, Diamond Core Drill Bits, Turbo Blades, Tuck Point Blades, Diamond Cup Wheels, Loop Blades, Diamond Polishing Pads and others. The presence of these manufacturer with variety in their range of products are also contributing to the growth.
Middle East countries are expected to witness a strong growth. As the real estate market and construction business is growing rapidly, therefore the demand in renovation will also increase the saw blade market in forecast period. Manufacturers are also focusing to grow their market in this region. Whereas, Africa is may witness a steady growth due to lack of technology & industries.
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