Circular saw blades is a cutting tool which is circular. It is mainly used for cutting wood and wood based material, plastic material and metal material. This blade gives smooth, fast rips in hardwoods and softwoods. The combination of a rigid blade body and razor sharp flat top carbide teeth will provide a glue line precision cut. This blade also features laser cut anti-vibration slots, practically eliminating the vibration that resonates in standard blades. With this ultimate ripping blade, there is no need for stabilizers.
Circular saw blades can be divided into carbide saw blades and diamond saw blades. With carbide tips attached to their teeth, carbide saw blades are more expensive than other blades but stay sharp much longer than steel or high speed steel. Using diamond-tipped teeth designed for cutting ceramic tile, glass and concrete. Except for above, there are still other kinds of circular saw blades, like high speed steel blades and steel blades. In 2017, carbide saw blades covered a market share of 55.84% and diamond saw blades covered a market share of 34.76%.
Circular saw blades can be applied in wood and wood-based materials cutting, including wet and dry wood, soft wood, commonly use carbide saw blades, and can be applied in metal materials cutting, including aluminum and other metal material cutting, commonly use carbide saw blades, diamond saw blades also used for non-ferrous metal, and can be applied in stone cutting, including natural stone and concrete, commonly with diamond saw blades. In 2017, these three applications respectively covered a market share of 32.27%，32.24% and 26.72%.
The upstream raw material is steel, the change of price of which greatly affect the cost of circular saw blade. The major downstream buyers are China State Construction Engineering Corporation, China FAW Group and SNC-Lavalin Intl Inc.
Rise in wood and stone quarrying activities and expansion of the semiconductor industry in this region are key factors driving the demand for circular saw blades. With the development of economy and technology, urbanization in developing countries, there is a significant market for building & construction, which drives the demand for circular saw blades.
Get the complete sample, please click: https://www.globalmarketmonitor.com/reports/762860-circular-saw-blade-market-report.html
Rise in wood and stone quarrying activities and expansion of the semiconductor industry in this region are key factors driving the demand for circular saw blades. With the development of economy and technology, urbanization in developing countries, there is a significant market for building & construction, which drives the demand for circular saw blades. In developed market, they have more international companies, good channels, highly market maturity, fierce competition, a highly competent management team, technology and finance advantages, keep on innovation, prominent market participants invest heavily in R&D, with introduction of new technologies to their products, all of which make a growing market demand for circular saw blade.
According to our research, the global circular saw blade market has a total sales value of 1553.91 M USD back in 2013, and increased to 2239.83 M USD in 2018. We made a series of functional calculation and deduced the data of past 5 years with scientific model. Finally, we made the prediction that the value of Circular Saw Blade markets can be 2961.87 M USD by 2023. The CAGR of Circular Saw Blade is 6.13% from 2017 to 2023.
In the future years, the global circular saw blade market will continue to develop steadily. Europe will maintain its first place with the market value of 1273.36M USD by 2023. With the progress in science and technology, more advanced production methods, investment of companies, there will be more cost effective, high performance product in the future. For example, China, India are developing their industries, with the progress of economy and technology, the increase demand of downstream, the market of circular saw blade has its market potential. It is supposed that the market value of China will be 354.16M USD.
At the same time, the development of the circular saw blade industry is also greatly restricted. Technological innovation is conducive to the development and growth of this industry. However, due to the uneven economic development between regions, many regions are backward in technology and the innovation process is slow, which will greatly hinder the overall development of the industry. The cost of the circular saw blade industry consists of raw material costs, labor costs, energy and equipment depreciation costs. Fluctuations in raw material prices will directly increase the instability of costs. In addition, competition incentives in the circular saw blade industry have led to certain regions to seize the market at low prices, which is not conducive to the overall development of the industry.
The top markets like Europe and North America must seize opportunities to realize industrial integration and speed up their steps to make technology and product innovation. As the markets of emerging countries such as China and India are mainly low-end products, competition for similar products is fierce. Therefore, they should seize the opportunity of rapid economic development and the opportunity of more and more large enterprises to settle in, and seize the huge domestic consumer market. Upgrade of products and services to further expand market share.
Get the complete sample, please click: https://www.globalmarketmonitor.com/reports/762860-circular-saw-blade-market-report.html
We provide more professional and intelligent market reports to complement your business decisions.
Chinese