Asia Pacific Bi-Metal Band Saw Blades Market

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

Analysis By Product Type (Carbide Tipped and High Speed Steel), Application (Steel, Aluminum, Cast Iron, Non-Ferrous Material, and Others), and End Use Industry (Automotive, Aerospace and Defense, Machine Manufacturing, and Others)


No. of Pages: 128    |    Report Code: TIPRE00026713    |    Category: Chemicals and Materials

Asia Pacific Bi-Metal Band Saw Blades Market
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The APAC bi-metal band saw blades market is expected to grow from US$ 2,320.38 million in 2021 to US$ 3,670.74 million by 2028; it is estimated to grow at a CAGR of 6.8% from 2021 to 2028.

China, Japan, India, South Korea, and Australia are major economies in APAC.  Manufacturers of band saw blades are focusing on developing new products that deliver high-quality cuts in different metal cutting applications. The product innovation strategy is primarily focused on improving the performance and durability of blades for high-precision metal cutting. Intense competition in the metal cutting market has been one of the key factors compelling the manufacturers to adopt product innovation strategy. One of the significant manufacturers of band saw and hand file products introduced a new range of bi-metal band saw blades that are designed with the specialized depth to meet all metal cutting applications including general purpose cutting, production cutting, structural steel cutting, and tough exotic alloy cutting. Thus, increasing development of new products with improved performance is expected to provide significant product and clientele expansion opportunities to the market players in the coming years across APAC region.

 

In case of COVID-19, APAC is highly affected specially India. Automotive and construction industries in the country have been affected the most. The manufacturing sector in India has come to a near standstill. Movement restrictions and social distancing norms, owing to the rapid rise in COVID-19 cases, have led to a huge decline in manufacturing, which is anticipated to negatively impact the bi metal band saw blade market growth.  The COVID-19 pandemic has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The shutdown of various manufacturing plants in has affected the global supply chain and negatively impacted the manufacturing capabilities, delivery schedules, and sales of various goods. The pandemic has directly affected the production and demand, which has led to supply chain and market disruption and has subsequently impacted the financial status of the firms and the global economy. Chemicals & materials is one of the major industries suffering serious disruptions such as supply chain breaks and shutdowns of production plants. However, vaccination drive across the APAC is anticipated to revive the economy and propel the APAC bi metal band saw blade market growth.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC bi-metal band saw blades market. The APAC bi-metal band saw blades market is expected to grow at a good CAGR during the forecast period.

 

 APAC Bi-Metal Band Saw Blades Market Revenue and Forecast to 2028 (US$ Million)

      

 APAC Bi-Metal Band Saw Blades Market Revenue and Forecast to 2028 (US$ Million)      
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Asia Pacific Bi-Metal Band Saw Blades Strategic Insights

Strategic insights for the Asia Pacific Bi-Metal Band Saw Blades provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Asia Pacific Bi-Metal Band Saw Blades Report Scope

Report Attribute Details
Market size in 2021 US$ 2,320.38 Million
Market Size by 2028 US$ 3,670.74 Million
Global CAGR (2021 - 2028) 6.8%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Product Type
  • Carbide Tipped and High Speed Steel
By Application
  • Steel
  • Aluminum
  • Cast Iron
  • Non-Ferrous Material
By End Use Industry
  • Automotive
  • Aerospace and Defense
  • Machine Manufacturing
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • AMADA MACHINERY CO., LTD.
  • BENXI TOOLS GROUP
  • BICHAMP CUTTING TECHNOLOGY CO(HUNAN).,LTD
  • EBERLE
  • Gebr. Lennartz GmbH & Co. KG
  • HAKANSSON SAWS INDIA PVT. LTD.
  • ROBERT R?NTGEN GMBH & CO. KG
  • SNA Europe (BAHCO)
  • Starrett
  • WIKUS
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    Asia Pacific Bi-Metal Band Saw Blades Regional Insights

    The geographic scope of the Asia Pacific Bi-Metal Band Saw Blades refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    APAC Bi-Metal Band Saw Blades Market Segmentation   


    APAC Bi-Metal Band Saw Blades Market – By Product Type

    • Carbide Tipped
    • High Speed Steel

    APAC Bi-Metal Band Saw Blades Market – By

    Application

    • Steel
    • Aluminum
    • Cast Iron
    • Non-Ferrous Material
    • Others

    APAC Bi-Metal Band Saw Blades Market – By

    End Use Industry

    • Automotive
    • Aerospace and Defense
    • Machine Manufacturing
    • Others

    APAC Bi-Metal Band Saw Blades Market, by Country

    • Australia
    • China
    • India
    • Japan 
    • South Korea
    • Rest of APAC

    APAC Bi-Metal Band Saw Blades Market - Companies Mentioned

    • AMADA MACHINERY CO., LTD.
    • BENXI TOOLS GROUP
    • BICHAMP CUTTING TECHNOLOGY CO(HUNAN).,LTD
    • EBERLE
    • Gebr. Lennartz GmbH & Co. KG
    • HAKANSSON SAWS INDIA PVT. LTD.
    • ROBERT RÖNTGEN GMBH & CO. KG
    • SNA Europe (BAHCO)
    • Starrett
    • WIKUS

    The List of Companies - Asia Pacific Bi-Metal Band Saw Blades Market

    1. AMADA MACHINERY CO., LTD.
    2. BENXI TOOLS GROUP
    3. BICHAMP CUTTING TECHNOLOGY CO(HUNAN).,LTD
    4. EBERLE
    5. Gebr. Lennartz GmbH & Co. KG
    6. HAKANSSON SAWS INDIA PVT. LTD.
    7. ROBERT RÖNTGEN GMBH & CO. KG
    8. SNA Europe (BAHCO)
    9. Starrett
    10. WIKUS
    Frequently Asked Questions
    How big is the Asia Pacific Bi-Metal Band Saw Blades Market?

    The Asia Pacific Bi-Metal Band Saw Blades Market is valued at US$ 2,320.38 Million in 2021, it is projected to reach US$ 3,670.74 Million by 2028.

    What is the CAGR for Asia Pacific Bi-Metal Band Saw Blades Market by (2021 - 2028)?

    As per our report Asia Pacific Bi-Metal Band Saw Blades Market, the market size is valued at US$ 2,320.38 Million in 2021, projecting it to reach US$ 3,670.74 Million by 2028. This translates to a CAGR of approximately 6.8% during the forecast period.

    What segments are covered in this report?

    The Asia Pacific Bi-Metal Band Saw Blades Market report typically cover these key segments-

    • Product Type (Carbide Tipped and High Speed Steel)
    • Application (Steel, Aluminum, Cast Iron, Non-Ferrous Material)
    • End Use Industry (Automotive, Aerospace and Defense, Machine Manufacturing)

    What is the historic period, base year, and forecast period taken for Asia Pacific Bi-Metal Band Saw Blades Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Bi-Metal Band Saw Blades Market report:

  • Historic Period : 2019-2020
  • Base Year : 2021
  • Forecast Period : 2022-2028
  • Who are the major players in Asia Pacific Bi-Metal Band Saw Blades Market?

    The Asia Pacific Bi-Metal Band Saw Blades Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • AMADA MACHINERY CO., LTD.
  • BENXI TOOLS GROUP
  • BICHAMP CUTTING TECHNOLOGY CO(HUNAN).,LTD
  • EBERLE
  • Gebr. Lennartz GmbH & Co. KG
  • HAKANSSON SAWS INDIA PVT. LTD.
  • ROBERT R?NTGEN GMBH & CO. KG
  • SNA Europe (BAHCO)
  • Starrett
  • WIKUS
  • Who should buy this report?

    The Asia Pacific Bi-Metal Band Saw Blades Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Asia Pacific Bi-Metal Band Saw Blades Market value chain can benefit from the information contained in a comprehensive market report.

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