Cutting Wheels Market Top Players, Regional Outlook, Latest Technology, Trends & Industry Forecast To 2022 - 2031

With a steady estimated growth rate of the cutting wheels market in the foreseeable future, manufacturers are focusing on demand-driven machine developments that deliver optimum cutting duration, changeover frequency, and lower time to perform cutting wheel changeover. As end-users give preference to higher productivity, lower downtime and lower overall production cost, preference for high-priced and high-performance cutting wheels dominates the market.

With the frequent amalgamation across industries, the versatility of cutting wheels has become a prerequisite for cutting different types of materials. To accommodate these evolving industry standards, manufacturers in the cutting wheels market deliver one-size-fits-all options along with the exclusive material cutting wheels. Leading market players such as Precision and Telematics Solutions are delivering training programs and specialized services for operators as cutting techniques affect the cutting wheel performance.

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Cutting Wheels Market: Key Players

Some of the key players identified across the value chain of the Cutting Wheels Market are:

• Forney Industries, Inc.
• Makita Corporation
• DEWALT
• Grindwell Norton Ltd
• Walter Surface Technologies Inc.
• Dremel
• 3M
• Lenox Tools
• Ryobi Limited
• Shark Industries, LTD.

Cutting Wheels Market: Segmentation

On the basis of Cutting Wheel type, the Global Cutting Wheels Market can be segmented into:

• Straight Cutting Wheel
• Depressed Center Cutting Wheel

On the basis of Disc Material, the Global Cutting Wheels Market can be segmented into:

• Cast Iron
• Steel
• Other Materials (Nickel, alloy, Titanium, Aluminium)

On the basis of Abrasive type, the Global Cutting Wheels Market can be segmented into:

• Aluminum Oxide
• Silicon Carbide
• Aluminum Zirconium
• Seeded Gel
• Diamond

On the basis of Grit Size, the Global Cutting Wheels Market can be segmented into:

• Coarse (8-24 CAMI Units)
• Medium (30-60)
• Fine (70-180)
• Very Fine (220-600)

On the Basis of applications, the Global Cutting Wheels Market can be segmented into:

• Metal Cutting
• Masonry
• Ceramic Cutting
• Notching

On the basis of End Use Industry, the Global Cutting Wheels Market can be segmented into:

• Transportation
  • Automotive
  • Aerospace
  • Marine
• Construction
• Metal Working
• Ship Building

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Cutting Wheels Market: Introduction

Cutting wheels are thin metal wheels with sharp circumferential edges. These wheels are made from various materials, such as cast iron, steel, nickel, alloy, titanium, aluminum, etc. as well as stones and ceramics. The material is chosen on the basis of application. Cutting wheels are broadly used in many industries, such as aerospace, automotive, foundries, fabrication, ship-building and construction.

These cutting tools are of great help in areas where parting of metal sheets or pipes is required. Cutting and grinding wheels are normally arbor-mounted and are of various types, such as diamond, metal & abrasive cutting wheels. Abrasives are used to coat cutting wheels. The type of abrasive used and the shape and grit of the wheel help define which material can be best cut using the applied formats.

Cutting Wheels Market: Market Dynamics

The market for cutting wheels is expected to stay promising in the years to come. The main market drivers will be the booming metal and construction industries. With never ending scope for the consumption of cut metal pipes, TMT steel rods and HYSD (High Yielding Strength Deformed) bars, which find usage in the construction industry in the form of Rebar (Reinforced Bar), the growth of the construction industry will add considerably to the growth of the cutting wheels market.

The market for cutting wheels is expected to grow at a significant rate due to their high rate of replacement. A typical cutting wheel lasts for only 5-8 17” cuts, thereby calling for better replacement rates. Diamond abrasives are being increasingly used to cut metal bars and concrete in today’s market. This is expected to further enhance the growth of the market in the coming years and is expected to set a trend in the cutting wheels market.

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Cutting Wheels Market: Regional Outlook

Cutting wheels are anticipated to find usage in all regions globally. The most promising markets for cutting wheels are expected to be the developing countries in regions, such as Middle East and Africa, Latin America and Asia Pacific. This is due to the expansion of construction and metal industries in these regions. With the growing automotive and aerospace sectors in Europe and North America, the scope for better sales of cutting wheels is anticipated to increase significantly. Overall, the market is all set to witness good prospects in the coming years.

The report covers exhaustive analysis on:

• Market Segments
• Market Dynamics
• Historical Actual Market Size, 2012 – 2014
• Market Size & Forecast 2015 to 2024
• Supply & Demand Value Chain
• Market Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain