“Global Circular Saw Blade Market: Product Type, Application Growth Rates and Shares, and Forecast: 2020 – 2030” is a report recently produced by MarketResearch.biz. This market is projected to register a CAGR of 4.5% over the next 10 years. The global Circular Saw Blade Market, is projected to reach a value of US$ 14,991.3 million in 2030, from a value of around 9,718.2 US$ million in 2020.
In metal cutting circular saws or cold saws, the blades run at a low speed, in a linear field, and have a larger diameter, and are usually used for splicing metal plates. The three most common saw blades used in saws are sector saw teeth, solid saw teeth, and carbide insert saw teeth. Diamond saw blades are commonly used to cut composite materials, such as concrete, tiles, bricks, stones, asphalt, etc. The size range of diamond saw blades is usually from a few inches in diameter to a maximum of 70 inches. Saw blades with a diameter greater than 30 inches are mainly used for professional purposes and are used in large construction projects, road construction activities, and other heavy equipment applications. Blades with a diameter of 14 inches are usually used for general purposes. Depending on the actual application, they can be continuous rim blades or segmented blades.
In both developed and emerging economies, the ceramic tile industry is growing at an incredible speed, which creates enormous income growth opportunities for small and medium-sized industry participants. As a result, the demand for these blades has also increased, which has greatly increased the projected revenue.
Several ongoing issues related to the quality of saw blades and potential issues with product recalls due to potential risks to users due to equipment are other major factors that are expected to hinder market growth in this industry to a certain degree. Product recalls can damage the company’s reputation because users tend to think such products are unreliable.
Key industry players of the global Circular Saw Blade Market are – Ferrotec Holdings Corp., Henan Huanghe Whirlwind Co., Ltd. (Henan Huanghe Whirlwind International Co., Ltd.), EHWA Diamond Industrial Co., Ltd, Kanefusa Corp, BOSUN Tools Co., Ltd., Leitz GmbH & Co.KG, Lenoxtools, DoALL Sawing Products, Freud America, Inc, AKE Knebel GmbH & Co. KG, РІLАNА, Tangshan Metallurgical Saw Blades Co., Ltd, Kinkelder BV, Lennartz GmbH & Co. KG, Jiangsu Fengtai Tools Co., Ltd, Dіmаr, Re-Bo REBER GmbH, Leuco, Hebei Xingshuo Saw Co., Ltd., and STARK S.p.A.
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