Wednesday, 27 April 2016 13:37

New In-Depth Coverage of the Global Cutting Tools Market

For Immediate Release — New York City, NY, May 2, 2016

Dedalus Consulting ( is proud to release the 6th Edition of its Cutting Tools market research report. Volume I: Executive Summary includes new coverage: additional end-user markets, over 75 in-depth producer profiles, and more detailed product breakdowns.

The cutting tools market peaked in 2008 at over $15.0 billion globally. After a major decrease due to the global financial crisis, the market suffered significant disruption, dropping by nearly 40% in 2009-2010, and subsequent reorganization. Since 2010, demand has been growing swiftly, and the market has worked to reinvent itself in many ways. In 2016, global demand continued to grow (albeit to varying degrees by region and market) and is expected to pass the $20 billion mark by 2018. While China maintains a lead in the market, closely followed by the US, many producers are amping up production levels and expanding into new markets to stay ahead of the curve.

This comprehensive study of the cutting tools industry is prepared and published by Dedalus Consulting, a New York firm whose focus is industrial markets and emerging technologies. Dedalus Consulting has been researching the cutting tools industry for over 12 years and has the expertise to offer insights into current market trends, distribution channels and the competitive environment.

The newly expanded report is presented in four volumes and contains over 1,000 pages and 450 tables and charts of vital information on the cutting tools market. Each volume is also sold separately. When sold separately, each volume comes with both the Technology Overview and the General Market Overview as well as each specific volume sections.

The report analyzes the market by total consumption value, explores demand trends, reviews end-user markets, applications and competitors. Product markets are analyzed by country and end-user industry. Market trends and forecasts are provided for the years 2015-2020.

Readers will benefit from custom coverage tailored for a number of industries such as aerospace, construction, machinery, defense/military, mining, oil & gas and others that use cutting tools in their operations. Products covered include: solid tools and indexable inserts; milling, turning and drilling tools. Grades include carbide, HSS, ceramic, cermet, cBN/PcBN, and diamond.

Based on years of following the subject markets, each report is structured to supply clients with information intended for developing strategies for market entry, fostering specific product sales growth, and advancing our clients' competitive position.

Research is continually updated and gathered through a methodology that is based on primary interviews with market participants so readers can expect quality analysis and accurate forecasting of the market through 2020.

More Information & How to Order

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

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.