Global Twist Drill Market Analysis Report 2019 – Segment, Top Players, Trends till 2024

The Global Twist Drill Market Growth 2019-2024 Report added by DecisionDatabases.com gives an in depth industry analysis of the market. It covers the costing, sales, revenue details and forecasts.

Twist Drill (also commonly referred to as twist bit) is a rotating cutting tool, used for cutting holes in rigid materials, that consists of an essentially conical point, relieved and fluted to form cutting lips, and spiral flutes which direct the chips away from the lips and toward ejection from the hole. Twist drills are the most common and easiest way to put a hole in steel, wood or other non-ferrous materials.

The global market of twist drill has mainly been driven by its downstream enterprises. Economic investment has large impact on research and national policies are also the main growth catalysts for the market. The global twist drill market is mainly occupied by the existing enterprises. OSG, Tiangong International, TDC Cutting Tool, Shanggong, Harbin No.1 Tool, Feida Chengdu Chenliang, Harbin Measuring & Cutting Tool and Fangda Holding are the global leading manufacturers with 28.18% of the production volume market in 2015.

The global consumption regions of twist drill market mainly concentrate in China, Europe, the USA and Japan. China is the largest consumption region by consumption volume.

According to this study, over the next five years the Twist Drill market will register a 1.6% CAGR in terms of revenue, the global market size will reach US$ 4540 million by 2024, from US$ 4120 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Twist Drill business, shared in Chapter 3.

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The key manufacturers covered in this report:

·         Sandvik Coromant

·         OSG

·         Kennamtel

·         SECO

·         Stanley Black & Decker

·         Mitsubishi

·         Guhring Group

·         Nachi

·         ISCAR

·         Sumitomo

·         Walter AG

·         Bosch

·         Mapal

·         Korloy

·         Triumph

·         Tiangong International

·         Kyocera

·         Irwin Tool

·         TDC Cutting Tool

·         Shanggong

·         Harbin No.1 Tool

·         Feida

·         Ceratizit

·         Greenfield Industries

·         Chengdu Chenliang

·         Harbin Measuring & Cutting Tool

·         Komet

·         Regal Cutting Tools

·         Alpen-Maykestag

·         Fangda Holding

Segmentation by product type:

·         Straight Shank Twist Drill

·         Taper Shank Twist Drill

·         Double-End Twist Drill

·         Other

  

Segmentation by application:

·         Metal

·         Wood

·         Concrete

·         Plastic

·         Other

This report also splits the market by region:

·         Americas

·          United States

·          Canada

·          Mexico

·          Brazil

·          APAC

·          China

·         Japan

…….

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Research objectives

·         To study and analyze the global Twist Drill consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.

·         To understand the structure of Twist Drill market by identifying its various subsegments.

·         Focuses on the key global Twist Drill manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

·         To analyze the Twist Drill with respect to individual growth trends, future prospects, and their contribution to the total market.

·         To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

·         To project the consumption of Twist Drill submarkets, with respect to key regions (along with their respective key countries).

·         To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

·         To strategically profile the key players and comprehensively analyze their growth strategies.

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Other Reports by DecisionDatabases.com:

2017-2022 China Twist Drill Market Report (Status and Outlook) @

https://www.decisiondatabases.com/ip/16849-china-twist-drill-market-anaysis-report

2017-2022 United States Twist Drill Market Report (Status and Outlook) @

https://www.decisiondatabases.com/ip/16862-united-states-twist-drill-market-analysis-report

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