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Sunday, 01 March 2009 06:35

Global Diamond Tools Grow 6.3% from 2008 to 2013

Saw Blades Expected to Lead in Market Demand from 2008 onward

NYC, NY — March 2009 – Dedalus Consulting (www.dedalusconsulting.com) recently released new research on Diamond Tools as part of its Advanced Materials Series. The report contains data on the world market by product type in the following end-user industries: Stone Quarrying, Processing & Construction, Machinery, Transportation, and Electronics & Semiconductors. The products covered include: saw blades, diamond wire saws, grinding wheels, drill bits, gang saws, core drills, metal band saws, and dressers.

From 2002-2007, the world market for diamond tools grew at an average annual rate approaching 10%. From 2008-2013, the market will continue to grow strongly at an average of 6.3% annually. Within each of the main end-use markets for diamond tools (stone/construction, machinery, transportation, and electronics) growth rates vary considerably. From 2002-2007, both the stone/construction and transportation markets grew at the moderate rates of 5.1% and 4.8% respectively, while the electronics and machinery markets showed stronger growth at 8.6% and 15% respectively.

Exhibit One shows the total market for diamond tools by tool type. In 2009, saw blades, wire saws and grinding wheels made up over 66% of the total market for diamond tools. The main driving factors in the growth of the diamond tool industry continues to be: the decrease in the cost of synthetic diamonds; increasing efficiencies in diamond tool manufacturing; and advances in materials sciences.

Some main suppliers worldwide include Asahi Diamond, Husq Varna, Sandvik, Kennametal and Iscar, to name a few.

Using 2007 as the base year, the report assesses the overall growth potential for diamond tools and forecasts growth by product type and end-use market through 2013. It includes extensive information on the competitive environment, including recent market entrants, types of suppliers, differentiation points, general warranty standards, service contracts and barriers to market entry.

Exhibit One: Global Market for Diamond Tools by Type ($MM): 2009

Diamond Tools Type 2009

Source: Dedalus Consulting

More Information & How to Order

For more information about this report including a brochure and table of contents contact Dedalus Consulting:

  • by navigating to the report contents page: Diamond Tools;
  • by email at ; or
  • by phone at (212) 709-8352.

About Dedalus Consulting

Dedalus Consulting Inc. is a privately owned and independently operated market research publisher and consultancy. Our research focuses on both emerging and mature markets in high-technology sectors, including machining & materials, electronic components, life sciences, nanotechnology, mobile communications and photonics.

Research is continually updated through a methodology based on primary interviews with key executives. Companies interviewed include manufacturers, end-users, distributors, and research institutions.

Our clients include Fortune 500 companies, start-ups, financial analysts, and research organizations engaged in the development and manufacturing of advanced technology products and services.