Overview:

The global circular saw blade market is valued for more than US$ XXX.X Mn in 2019 and expected to reach a value of US$ XXX.X Mn by 2029 with a significant CAGR of around XX.X% over the forecast period of 2019-2029. Circular saw blade is a circular cutting tool. It plays key role in cutting wood, wood-based material, plastic material, and metal. Circular saw blade is metal disk or blade comes with saw teeth on the edge and requires the machine to spin the blade.

Market Dynamics:

Technological advancements in circular saw blades, coupled with increasing construction activities are key factor driving growth of the global market. The growing demand for circular saw blades from automotive industry is another major factor supporting the market growth. Automotive sector makes extensive use of circular saw blades in order to cut metals and to shape the car, engine body, and wheels. Using circular saw blades during the metal cutting stage, door panels, seat frames, side sills, suspension arms and other sections are molded to a particular dimension.

In addition, growing demand for wooden furniture across the globe is another key factor driving the market growth. Circular saw blades are used to cut many different materials including hardwood and softwood lumber, wood siding, plywood and manufactured panels like particle board, flake board and medium density fiberboard.

Key Trends:

Rising focus on product development and innovation by key players is key trend observed in the global circular saw blade market. For example, key players provide various type of coating on circular saw blade such as titanium coating, chrome coating, zirconium coating. This increases the product lifespan and provides more durability along with increased performance.

Regional Analysis:

For detailed understanding of market dynamics, the global market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America region is expected to hold significant revenue share in the global circular saw blade market, owing to high market presence of key players in the market and high utilization of chainsaw tools in residential sector in countries in the region. The Europe expected to hold second leading market share followed by Asia Pacific region in the global market. Rising construction activity and growing automotive sector are key factors expected to drive the target market in these region.

Scope of the Report:

Detailed Segmentation:

Global Circular Saw Blade Market, By Product Type:

• Carbide Saw Blades
• Diamond Saw Blades
• Other Type Blades

Global Circular Saw Blade Market, By Application:

• Wood and Wood-based Materials Cutting
• Metal Materials Cutting
• Stone Cutting

Key Players Covered:

Key players operating in the market includes, Freud Tools, AKE Knebel GmbH & Co. KG, PILANA a.s., Leuco Tool Corporation, Dimar Tooling, Wagen (Ferrotec Global), KANEFUSA Corporation, Leitz GmbH & Co. KG, SKIL Power Tools (Bosch), Lenox Tools, STARK SpA, and Kinkelder B.V.

Key features of the study:

Foresight Market Research provides detailed analysis on global market in our report- Global Circular Saw Blade Market by product type, application, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global circular saw blade market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, ongoing trends, market expansion, and marketing tactics used overall the globe.