Global Circular Saw Blade Market Size Will Reach $2962 Million in 2023

A Circular saw blade,usually made of carbon tool steel or alloy steel, is a general term for thin circular cutting tools used for cutting solid materials. It has high hardness, high wear resistance, and high heat resistance, and is widely used in fields such as wood processing, metal cutting, glass cutting, etc.

According to different materials, circular saw blades can usually be divided into several categories, including carbide circular saw blades, diamond circular saw blades, tungsten steel circular saw blades, and serrated alloy saw blades. Among them, the carbide circular saw blade segment market occupies a dominant position. According to our research data, the global market size of carbide circular saw blades is estimated to reach $1626 million in 2023, occupying 54.90% of the market share. From the perspective of downstream applications, the metal material cutting field is the largest application market. Data shows that the market size of circular saw blades used in the metal material cutting field may reach $972 million in 2023, and the market share is expected to reach 32.82%.

Global Circular Saw Blade Market Size and Share Forecast by Type and Application in 2023

Source: www.globalmarketmonitor.com

Data shows that the total size of the global circular saw blade market is expected to reach $2962 million in 2023. Among various developing regions, Europe is the largest revenue market, with an estimated market size of $1273 billion and an estimated market share of 26.42% in 2023; The North American market is expected to rank second with a market size of $996 million and a share of 33.63%.