Product Code: TIPRE00025552
The bi-metal and carbide tipped band saw blades market was valued at US$ 1,948.56 million in 2022 and is projected to reach US$ 2,589.57 million by 2028; it is expected to grow at a CAGR of 4.9% from 2022 to 2028.
Bi-metal and carbide tipped band saw blades are primarily made of high strength steel (HSS) and spring steel. These blades are commonly used in the metalworking industries to cut cast iron; structural steel; pipelines; and non-ferrous materials such as brass, bronze, aluminum, and copper. These cost-effective blades offer high cutting performance at high speeds, along with delivering high output and addressing challenges related to production efficiency.
Based on end-use industry, the bi-metal and carbide tipped band saw blades market is segmented into automotive, aerospace & defense, machine manufacturing, and others. The machine manufacturing segment accounted for the largest market share in 2022, and the automotive segment is expected to register the highest CAGR in the market during the forecast period. The machine manufacturing segment entails manufacturers of machines that are used in the construction, food & beverages, and automation and controls industries. Rapid industrialization and urbanization, especially in developing economies, are fueling the proliferation of the construction and manufacturing industries. The growth of these industries eventually accelerates the production of heavy machinery, subsequently creating a demand for bi-metal and carbide tipped band saw blades to cut metals and alloys. As per the China Construction Machinery Association (CCMA), in 2020, the sales of excavators and other heavy machinery sales grew by 39%, compared to the previous year.
Based on geography, the bi-metal and carbide tipped band saw blades market is segmented into North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South and Central America (SAM). In 2022, Asia Pacific accounted for the largest share of the market. The use of bi-metal and carbide tipped band saw blades has increased across the automotive, aerospace and military, and machine manufacturing industries in Asia Pacific. In addition, demand for bi-metal and carbide tipped band saw blades is surging in the region due to expanding construction projects and rising automobile production. Bi-metal and carbide tipped band saw blades are used to cut hard metals, such as structural steel, cast iron, and non-ferrous metals, to manufacture automotive components and spare parts. As a result, growing automotive production in the region is likely to drive the growth of the bi-metal and carbide tipped band saw blades market during the forecast period.
A few of the players operating in the bi-metal and carbide tipped band saw blades market are Bichamp Cutting Technology Co (Hunan)., Ltd.; Dalian Special Steel Products Co., Ltd.; Eberle; Hakansson Saws India Pvt. Ltd.; Lenox; Starrett; Wikus-Sagenfabrik; Benxi Tools Group; Bahco; and Amada Machine Tools Co., Ltd.
The size of the overall bi-metal and carbide tipped band saw blades market has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data, and to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs; business development managers; market intelligence managers; national sales managers; and external consultants, including valuation experts, research analysts, and key opinion leaders, specializing in the bi-metal and carbide tipped band saw blades market.
Reasons to Buy:
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global bi-metal and carbide tipped band saw blades market, thereby allowing players to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
Table Of Contents
1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
- 3.1 Scope of the Study
- 3.2 Research Methodology
- 3.2.1 Data Collection:
- 3.2.2 Primary Interviews:
- 3.2.3 Hypothesis formulation:
- 3.2.4 Macro-economic factor analysis:
- 3.2.5 Developing base number:
- 3.2.6 Data Triangulation:
- 3.2.7 Country level data:
4. Bi-Metal and Carbide Tipped Band Saw Blades Market Landscape
- 4.1 Market Overview
- 4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of Substitutes
- 4.2.4 Threat of New Entrants
- 4.2.5 Intensity of Competitive Rivalry
- 4.3 Expert Opinion
- 4.4 Ecosystem Analysis
5. Bi-Metal and Carbide Tipped Band Saw Blades Market - Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Cost-Effectiveness of Tools that Enable High-Performance In-House Metal Sawing
- 5.1.2 Rising Demand from Various End-User Industries
- 5.2 Market Restraint
- 5.2.1 High Cost of Maintenance Required for Bi-Metal and Carbide Tipped Band Saw Blades
- 5.3 Market Opportunities
- 5.3.1 Development of Innovative Products
- 5.4 Trends
- 5.4.1 Customization of Band Saw Blade Products
- 5.5 Impact Analysis of Drivers and Restraint
6. Bi-Metal and Carbide Tipped Band Saw Blades - Global Market Analysis
- 6.1 Bi-Metal and Carbide Tipped Band Saw Blades Market Overview
- 6.2 Bi-Metal and Carbide Tipped Band Saw Blades Market -Revenue and Forecast to 2028 (US$ Million)
7. Bi-Metal and Carbide Tipped Band Saw Blades Market- By Product Type
- 7.1 Overview
- 7.2 Bi-Metal and Carbide Tipped Band Saw Blades Market, By Product Type (2020 and 2028)
- 7.3 Carbide Tipped
- 7.3.1 Overview
- 7.3.2 Carbide Tipped: Bi-Metal and Carbide Tipped Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
- 7.4 High Speed Steel
- 7.4.1 Overview
- 7.4.2 High Speed Steel: Bi-Metal and Carbide Tipped Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
8. Bi-Metal and Carbide Tipped Band Saw Blades Market- By Application
- 8.1 Overview
- 8.2 Bi-Metal and Carbide Tipped Band Saw Blades Market, By Product Type (2020 and 2028)
- 8.3 Steel
- 8.3.1 Overview
- 8.3.2 Steel: Bi-Metal and Carbide Tipped Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
- 8.4 Aluminum
- 8.4.1 Overview
- 8.4.2 Aluminum: Bi-Metal and Carbide Tipped Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
- 8.5 Cast Iron
- 8.5.1 Overview
- 8.5.2 Cast Iron: Bi-Metal and Carbide Tipped Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
- 8.6 Non-Ferrous Materials
- 8.6.1 Overview
- 8.6.2 Non-Ferrous Materials: Bi-Metal and Carbide Tipped Band Saw Blades Market - Revenue and Forecast to 2028 (US$ Mn)
- 8.7 Others
- 8.7.1 Overview
- 8.7.2 Others: Bi-Metal and Carbide Tipped Band Saw Blades Market - Revenue and Forecast to 2028 (US$ Mn)
9. Bi-Metal and Carbide Tipped Band Saw Blades Market Analysis - By End Use Industry
- 9.1 Overview
- 9.2 Bi-Metal and Carbide Tipped Band Saw Blades Market, By End Use Industry (2020 and 2028)
- 9.3 Automotive
- 9.3.1 Overview
- 9.3.2 Automotive: Bi-Metal and Carbide Tipped Band Saw Blades Market - Revenue and Forecast to 2028 (US$ Mn)
- 9.4 Aerospace and Defense
- 9.4.1 Overview
- 9.4.2 Aerospace and Defense: Bi-Metal and Carbide Tipped Band Saw Blades Market - Revenue and Forecast to 2028 (US$ Mn)
- 9.5 Machine Manufacturing
- 9.5.1 Overview
- 9.5.2 Machine Manufacturing: Bi-Metal and Carbide Tipped Band Saw Blades Market - Revenue and Forecast to 2028 (US$ Mn)
- 9.6 Others
- 9.6.1 Overview
- 9.6.2 Others: Bi-Metal and Carbide Tipped Band Saw Blades Market - Revenue and Forecast to 2028 (US$ Mn)
10. Bi-Metal Band Saw Blade Market - Geographic Analysis
- 10.1 Overview
- 10.2 North America: Bi-Metal Band Saw Blade Market
- 10.2.1 North America: Bi-Metal Band Saw Blade Market -Revenue and Forecast to 2028 (US$ Million)
- 10.2.2 North America: Bi-Metal Band Saw Blade Market, By Product Type
- 10.2.3 North America: Bi-Metal Band Saw Blade Market, by Application
- 10.2.4 North America: Bi-Metal Band Saw Blade Market, by End-Use Industry
- 10.2.5 North America: Bi-Metal Band Saw Blade Market, by Key Country
- 10.2.5.1 US: Bi-Metal Band Saw Blade Market - Revenue and Forecast to 2028 (US$ Million)
- 10.2.5.1.1 US: Bi-Metal Band Saw Blade Market, by Product Type
- 10.2.5.1.2 US: Bi-Metal Band Saw Blade Market, by Application
- 10.2.5.1.3 US: Bi-Metal Band Saw Blade Market, by End-Use Industry
- 10.2.5.2 Canada: Bi-Metal Band Saw Blade Market - Revenue and Forecast to 2028 (US$ Million)
- 10.2.5.2.1 Canada: Bi-Metal Band Saw Blade Market, by Product Type
- 10.2.5.2.2 Canada: Bi-Metal Band Saw Blade Market, by Application
- 10.2.5.2.3 Canada: Bi-Metal Band Saw Blade Market, by End-Use Industry
- 10.2.5.3 Mexico: Bi-Metal Band Saw Blade Market - Revenue and Forecast to 2028 (US$ Million)
- 10.2.5.3.1 Mexico: Bi-Metal Band Saw Blade Market, by Product Type
- 10.2.5.3.2 Mexico: Bi-Metal Band Saw Blade Market, by Application
- 10.2.5.3.3 Mexico: Bi-Metal Band Saw Blade Market, by End-Use Industry
- 10.3 Europe: Bi-Metal Band Saw Blade Market
- 10.3.1 Europe: Bi-Metal Band Saw Blade Market -Revenue and Forecast to 2028 (US$ Million)
- 10.3.2 Europe: Bi-Metal Band Saw Blade Market, By Product Type
- 10.3.3 Europe: Bi-Metal Band Saw Blade Market, By Application
- 10.3.4 Europe: Bi-Metal Band Saw Blade Market, by End-Use Industry
- 10.3.5 Europe: Bi-Metal Band Saw Blade Market, by Key Country
- 10.3.5.1 Germany: Bi-Metal Band Saw Blade Market - Revenue and Forecast to 2028 (US$ Million)
- 10.3.5.1.1 Germany: Bi-Metal Band Saw Blade Market, By Product Type
- 10.3.5.1.2 Germany: Bi-Metal Band Saw Blade Market, By Application
- 10.3.5.1.3 Germany: Bi-Metal Band Saw Blade Market, by End-Use Industry
- 10.3.5.2 France: Bi-Metal Band Saw Blade Market - Revenue and Forecast to 2028 (US$ Million)
- 10.3.5.2.1 France: Bi-Metal Band Saw Blade Market, By Product Type
- 10.3.5.2.2 France: Bi-Metal Band Saw Blade Market, By Application
- 10.3.5.2.3 France: Bi-Metal Band Saw Blade Market, by End-Use Industry
- 10.3.5.3 Italy: Bi-Metal Band Saw Blade Market - Revenue and Forecast to 2028 (US$ Million)
- 10.3.5.3.1 Italy: Bi-Metal Band Saw Blade Market, By Product Type
- 10.3.5.3.2 Italy: Bi-Metal Band Saw Blade Market, By Application
- 10.3.5.3.3 Italy: Bi-Metal Band Saw Blade Market, by End-Use Industry
- 10.3.5.4 UK: Bi-Metal Band Saw Blade Market - Revenue and Forecast to 2028 (US$ Million)
- 10.3.5.4.1 UK: Bi-Metal Band Saw Blade Market, By Product Type
- 10.3.5.4.2 UK: Bi-Metal Band Saw Blade Market, By Application
- 10.3.5.4.3 UK: Bi-Metal Band Saw Blade Market, by End-Use Industry
- 10.3.5.5 Russia: Bi-Metal Band Saw Blade Market - Revenue and Forecast to 2028 (US$ Million)
- 10.3.5.5.1 Russia: Bi-Metal Band Saw Blade Market, By Product Type
- 10.3.5.5.2 Russia: Bi-Metal Band Saw Blade Market, By Application
- 10.3.5.5.3 Russia: Bi-Metal Band Saw Blade Market, by End-Use Industry
- 10.3.5.6 Rest of Europe: Bi-Metal Band Saw Blade Market - Revenue and Forecast to 2028 (US$ Million)
- 10.3.5.6.1 Rest of Europe: Bi-Metal Band Saw Blade Market, By Product Type
- 10.3.5.6.2 Rest of Europe: Bi-Metal Band Saw Blade Market, By Application
- 10.3.5.6.3 Rest of Europe: Bi-Metal Band Saw Blade Market, by End-Use Industry
- 10.4 Asia Pacific: Bi-Metal Band Saw Blade Market
- 10.4.1 Asia Pacific: Bi-Metal Band Saw Blade Market -Revenue and Forecast to 2028 (US$ Million)
- 10.4.2 Asia Pacific: Bi-Metal Band Saw Blade Market, By Product Type
- 10.4.3 Asia Pacific: Bi-Metal Band Saw Blade Market, By Application
- 10.4.4 Asia Pacific: Bi-Metal Band Saw Blade Market, by End-Use Industry
- 10.4.5 Asia Pacific: Bi-Metal Band Saw Blade Market, by Key Country
- 10.4.5.1 India: Bi-Metal Band Saw Blade Market - Revenue and Forecast to 2028 (US$ Million)
- 10.4.5.1.1 India: Bi-Metal Band Saw Blade Market, by Product Type
- 10.4.5.1.2 India: Bi-Metal Band Saw Blade Market, by Application
- 10.4.5.1.3 India: Bi-Metal Band Saw Blade Market, by End-Use Industry
- 10.4.5.2 Australia: Bi-Metal Band Saw Blade Market - Revenue and Forecast to 2028 (US$ Million)
- 10.4.5.2.1 Australia: Bi-Metal Band Saw Blade Market, by Product Type
- 10.4.5.2.2 Australia: Bi-Metal Band Saw Blade Market, by Application
- 10.4.5.2.3 Australia: Bi-Metal Band Saw Blade Market, by End-Use Industry
- 10.4.5.3 China: Bi-Metal Band Saw Blade Market - Revenue and Forecast to 2028 (US$ Million)
- 10.4.5.3.1 China: Bi-Metal Band Saw Blade Market, by Product Type
- 10.4.5.3.2 China: Bi-Metal Band Saw Blade Market, by Application
- 10.4.5.3.3 China: Bi-Metal Band Saw Blade Market, by End-Use Industry
- 10.4.5.4 Japan: Bi-Metal Band Saw Blade Market - Revenue and Forecast to 2028 (US$ Million)
- 10.4.5.4.1 Japan: Bi-Metal Band Saw Blade Market, by Product Type
- 10.4.5.4.2 Japan: Bi-Metal Band Saw Blade Market, by Application
- 10.4.5.4.3 Japan: Bi-Metal Band Saw Blade Market, by End-Use Industry
- 10.4.5.5 South Korea: Bi-Metal Band Saw Blade Market - Revenue and Forecast to 2028 (US$ Million)
- 10.4.5.5.1 South Korea: Bi-Metal Band Saw Blade Market, by Product Type
- 10.4.5.5.2 South Korea: Bi-Metal Band Saw Blade Market, by Application
- 10.4.5.5.3 South Korea: Bi-Metal Band Saw Blade Market, by End-Use Industry
- 10.4.5.6 Rest of Asia Pacific: Bi-Metal Band Saw Blade Market - Revenue and Forecast to 2028 (US$ Million)
- 10.4.5.6.1 Rest of Asia Pacific: Bi-Metal Band Saw Blade Market, by Product Type
- 10.4.5.6.2 Rest of Asia Pacific: Bi-Metal Band Saw Blade Market, by Application
- 10.4.5.6.3 Rest of Asia Pacific: Bi-Metal Band Saw Blade Market, by End-Use Industry
- 10.5 South and Central America: Bi-Metal Band Saw Blade Market
- 10.5.1 South and Central America: Bi-Metal Band Saw Blade Market -Revenue and Forecast to 2028 (US$ Million)
- 10.5.2 South and Central America: Bi-Metal Band Saw Blade Market, By Product Type
- 10.5.3 South and Central America: Bi-Metal Band Saw Blade Market, By Application
- 10.5.4 South and Central America: Bi-Metal Band Saw Blade Market, by End-Use Industry
- 10.5.5 South and Central America: Bi-Metal Band Saw Blade Market, by Key Country
- 10.5.5.1 Brazil: Bi-Metal Band Saw Blade Market - Revenue and Forecast to 2028 (US$ Million)
- 10.5.5.1.1 Brazil: Bi-Metal Band Saw Blade Market, by Product Type
- 10.5.5.1.2 Brazil: Bi-Metal Band Saw Blade Market, by Application
- 10.5.5.1.3 Brazil: Bi-Metal Band Saw Blade Market, by End-Use Industry
- 10.5.5.2 Argentina: Bi-Metal Band Saw Blade Market - Revenue and Forecast to 2028 (US$ Million)
- 10.5.5.2.1 Argentina: Bi-Metal Band Saw Blade Market, by Product Type
- 10.5.5.2.2 Argentina: Bi-Metal Band Saw Blade Market, by Application
- 10.5.5.2.3 Argentina: Bi-Metal Band Saw Blade Market, by End-Use Industry
- 10.5.5.3 Rest of South and Central America: Bi-Metal Band Saw Blade Market - Revenue and Forecast to 2028 (US$ Million)
- 10.5.5.3.1 Rest of South and Central America: Bi-Metal Band Saw Blade Market, by Product Type
- 10.5.5.3.2 Rest of South and Central America: Bi-Metal Band Saw Blade Market, by Application
- 10.5.5.3.3 Rest of South and Central America: Bi-Metal Band Saw Blade Market, by End-Use Industry
- 10.6 Middle East and Africa: Bi-Metal Band Saw Blade Market
- 10.6.1 Middle East and Africa: Bi-Metal Band Saw Blade Market -Revenue and Forecast to 2028 (US$ Million)
- 10.6.2 Middle East and Africa: Bi-Metal Band Saw Blade Market, By Product Type
- 10.6.3 Middle East and Africa: Bi-Metal Band Saw Blade Market, By Application
- 10.6.4 Middle East and Africa: Bi-Metal Band Saw Blade Market, by End-Use Industry
- 10.6.5 Middle East and Africa: Bi-Metal Band Saw Blade Market, by Key Country
- 10.6.5.1 South Africa: Bi-Metal Band Saw Blade Market - Revenue and Forecast to 2028 (US$ Million)
- 10.6.5.1.1 South Africa: Bi-Metal Band Saw Blade Market, by Product Type
- 10.6.5.1.2 South Africa: Bi-Metal Band Saw Blade Market, by Application
- 10.6.5.1.3 South Africa: Bi-Metal Band Saw Blade Market, by End-Use Industry
- 10.6.5.2 Saudi Arabia: Bi-Metal Band Saw Blade Market - Revenue and Forecast to 2028 (US$ Million)
- 10.6.5.2.1 Saudi Arabia: Bi-Metal Band Saw Blade Market, by Product Type
- 10.6.5.2.2 Saudi Arabia: Bi-Metal Band Saw Blade Market, by Application
- 10.6.5.2.3 Saudi Arabia: Bi-Metal Band Saw Blade Market, by End-Use Industry
- 10.6.5.3 UAE: Bi-Metal Band Saw Blade Market - Revenue and Forecast to 2028 (US$ Million)
- 10.6.5.3.1 UAE: Bi-Metal Band Saw Blade Market, by Product Type
- 10.6.5.3.2 UAE: Bi-Metal Band Saw Blade Market, by Application
- 10.6.5.3.3 UAE: Bi-Metal Band Saw Blade Market, by End-Use Industry
- 10.6.5.4 Rest of Middle East and Africa: Bi-Metal Band Saw Blade Market - Revenue and Forecast to 2028 (US$ Million)
- 10.6.5.4.1 Rest of Middle East and Africa: Bi-Metal Band Saw Blade Market, by Product Type
- 10.6.5.4.2 Rest of Middle East and Africa: Bi-Metal Band Saw Blade Market, by Application
- 10.6.5.4.3 Rest of Middle East and Africa: Bi-Metal Band Saw Blade Market, by End-Use Industry
11. Overview - Impact of COVID-19 Outbreak
- 11.1 Impact of COVID-19 on Bi Metal Band Saw Blade Market
- 11.2 North America: Impact Assessment of COVID-19 Pandemic
- 11.3 Europe: Impact Assessment of COVID-19 Pandemic
- 11.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
- 11.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
- 11.6 South and Central America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
- 12.1 Overview
- 12.2 Market Initiative
- 12.3 New Product Development
13. Company Profiles
- 13.1 BICHAMP CUTTING TECHNOLOGY CO(HUNAN).,LTD
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
- 13.2 EBERLE
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
- 13.3 HAKANSSON SAWS INDIA PVT. LTD.
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
- 13.4 WIKUS
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
- 13.5 BENXI TOOLS GROUP
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
- 13.6 Starrett
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
- 13.7 SNA Europe (BAHCO)
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
- 13.8 AMADA MACHINERY CO., LTD.
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
- 13.9 ROBERT RONTGEN GMBH & CO. KG
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
- 13.10 Gebr. Lennartz GmbH & Co. KG
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments
14. Appendix
- 14.1 About The Insight Partners
- 14.2 Glossary