This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The bi-metal and carbide tipped band saw blades market size has grown steadily in recent years. It will grow from $2.04 billion in 2024 to $2.14 billion in 2025 at a compound annual growth rate (CAGR) of 5%. The growth in the historic period can be attributed to industrial manufacturing growth, metal cutting applications, precision machining requirements, metal fabrication industry expansion, replacement demand, globalization of manufacturing.
The bi-metal and carbide tipped band saw blades market size is expected to see strong growth in the next few years. It will grow to $2.63 billion in 2029 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to renewable energy projects, expansion of metal recycling industry, focus on sustainability, global supply chain dynamics, market expansion in emerging economies. Major trends in the forecast period include advancements in material technologies, digitalization and industry 4 integration, integration of coating technologies, advancements in tooth designs, automated manufacturing processes.
The upward trajectory of the automotive sector is anticipated to serve as a catalyst for driving the growth of the bi-metal and carbide-tipped band saw blades market in the foreseeable future. Within the automotive industry, precision cutting and shaping of metal components are crucial aspects, demanding efficient cutting tools such as bi-metal and carbide-tipped band saw blades for producing various vehicle parts, including steel, aluminum, and non-ferrous alloys. Highlighting this trend, data released by the European Automobile Manufacturers' Association (ACEA) in May 2023 indicated a notable growth in global motor vehicle production, reaching 85.4 million units, representing a 5.7% increase compared to 2021. Moreover, North America witnessed an increase in vehicle production, totaling 14.9 million units in 2022, up from 13,596 units in 2021. Hence, the expanding automotive sector is poised to act as a key driver propelling the growth of the bi-metal and carbide-tipped band saw blades market.
The surge in manufacturing activities is also forecasted to significantly contribute to the growth of the bi-metal and carbide-tipped band saw blade market moving forward. Manufacturing involves the transformation of raw materials or components into finished goods through various processes utilizing tools, machinery, labor, and chemical processing. Bi-metal and carbide-tipped band saw blades play a vital role in manufacturing activities, offering cost-effectiveness, high performance, extended tool life, superior wear resistance, excellent cutting-edge stability, and find applications across diverse industries. For instance, according to Statistics Canada in February 2023, the manufacturing industry in Canada experienced substantial growth, witnessing a remarkable 17.9% increase in total sales, reaching $850.9 billion in 2022. Consequently, the escalating manufacturing activities serve as a driving force fueling the growth of the bi-metal and carbide-tipped band saw blades market.
Prominent companies operating within the bi-metal and carbide-tipped band saw blade markets are strategically focusing on the development of innovative products, such as the Roentgen Alu2 carbide-tipped band saw blades, to gain a competitive edge. The Roentgen Alu2 carbide-tipped band saw blade stands out as a specialized cutting tool meticulously crafted for precision cutting and shaping of aluminum and various non-ferrous metals. It embodies advancements in tooth configurations, tooth geometry, and cutting edge materials to deliver exceptional performance. For instance, in June 2023, KR Saws Limited, a UK-based bandsaw blade manufacturing company, introduced the Roentgen Alu2 carbide-tipped bandsaw blade. Engineered with distinct tooth geometry and a fatigue-resistant backing strip, this blade is designed to withstand high cutting speeds, particularly when employed in sawing non-ferrous alloys such as aluminum. It ensures prolonged blade durability and superior surface finishes while operating at cutting rates of up to 3000 meters per minute and 1500 millimeters per minute.
In January 2023, The M.K. Morse Company, a well-established cutting tool manufacturer based in the United States, successfully acquired PJ Wiseman Ltd. for an undisclosed sum. This strategic acquisition is geared towards facilitating product portfolio diversification and expanding M.K. Morse's customer base by incorporating new markets and customers, spanning across domestic and international landscapes. PJ Wiseman Ltd., the UK-based entity acquired by M.K. Morse, specializes in the manufacturing and distribution of cutting tools, prominently including bi-metal band saw blades.
Major companies operating in the bi-metal and carbide tipped band saw blades market report are Stanley Black & Decker Inc., Benxi Tool Co. Ltd., Amada Weld Tech Co Ltd., Nachi-Fujikoshi Corp., L. S. Starrett Company, Simonds Saw, WIKUS Sägenfabrik GmbH & Co. KG, The M. K. Morse Company, Bichamp Cutting Technology Co (Hunan) Ltd., DoALL Company Inc., Bahco International, American Saw & Manufacturing Inc., Western Saw Inc., Dakin-Flathers Limited, York Saw & Knife Co. Inc., Evolution Power Tools Ltd., Roentgen GmbH & Co, Blackstone Industries LLC, ITL Industries Ltd., SAWS (UK) Ltd., CS Unitec Inc., BIPICO Industries (Tools) Pvt. Ltd., Behringer Saws Inc., Pilana Metal sro, Munkfors, Starcut SRL, J.N. Eberle & Cie. GmbH, Dalian Special Steel Products Co Ltd., Phillips Saw & Tool Inc., Superb Tooling Inc.
Asia Pacific was the largest region in the bi-metal and carbide-tipped band saw blades market in 2024. The regions covered in the bi-metal and carbide tipped band saw blades market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the bi-metal and carbide tipped band saw blades market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The bi-metal and carbide-tipped band saw blade market consists of sales of nickel-based alloys, titanium alloys, duplex stainless steels, and case-hardened steel bi-metal and carbide-tipped band saw blades. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Bi-metal and carbide-tipped band saw blades play a crucial role as cutting tools in band saw machines, serving diverse cutting applications. The bi-metal variant is crafted from two distinct steel materials fused together, while the carbide-tipped version incorporates teeth equipped with rigid carbide inserts. These blades are instrumental in the continuous cutting of various metals, ranging from structural steel to alloy steel and bearing materials.
The primary categories of bi-metal and carbide-tipped band saw blades include carbide-tipped and high-strength steel. The carbide-tipped blades feature teeth with small inserts made from the durable material carbide, renowned for its hardness. This type of band saw blade is employed in cutting applications involving steel, aluminum, cast iron, non-ferrous materials, and more. The end-use industries benefiting from these blades include automotive, aerospace, defense, machine manufacturing, and others.
The bi-metal and carbide-tipped band saw blades market research report is one of a series of new reports that provides bi-metal and carbide-tipped band saw blades market statistics, including bi-metal and carbide-tipped band saw blades industry global market size, regional shares, competitors with a bi-metal and carbide-tipped band saw blades market share, detailed bi-metal and carbide-tipped band saw blades market segments, market trends and opportunities, and any further data you may need to thrive in the bi-metal and carbide-tipped band saw blades industry. This bi-metal and carbide-tipped band saw blades market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The bi-metal and carbide tipped band saw blades market size has grown steadily in recent years. It will grow from $2.04 billion in 2024 to $2.14 billion in 2025 at a compound annual growth rate (CAGR) of 5%. The growth in the historic period can be attributed to industrial manufacturing growth, metal cutting applications, precision machining requirements, metal fabrication industry expansion, replacement demand, globalization of manufacturing.
The bi-metal and carbide tipped band saw blades market size is expected to see strong growth in the next few years. It will grow to $2.63 billion in 2029 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to renewable energy projects, expansion of metal recycling industry, focus on sustainability, global supply chain dynamics, market expansion in emerging economies. Major trends in the forecast period include advancements in material technologies, digitalization and industry 4 integration, integration of coating technologies, advancements in tooth designs, automated manufacturing processes.
The upward trajectory of the automotive sector is anticipated to serve as a catalyst for driving the growth of the bi-metal and carbide-tipped band saw blades market in the foreseeable future. Within the automotive industry, precision cutting and shaping of metal components are crucial aspects, demanding efficient cutting tools such as bi-metal and carbide-tipped band saw blades for producing various vehicle parts, including steel, aluminum, and non-ferrous alloys. Highlighting this trend, data released by the European Automobile Manufacturers' Association (ACEA) in May 2023 indicated a notable growth in global motor vehicle production, reaching 85.4 million units, representing a 5.7% increase compared to 2021. Moreover, North America witnessed an increase in vehicle production, totaling 14.9 million units in 2022, up from 13,596 units in 2021. Hence, the expanding automotive sector is poised to act as a key driver propelling the growth of the bi-metal and carbide-tipped band saw blades market.
The surge in manufacturing activities is also forecasted to significantly contribute to the growth of the bi-metal and carbide-tipped band saw blade market moving forward. Manufacturing involves the transformation of raw materials or components into finished goods through various processes utilizing tools, machinery, labor, and chemical processing. Bi-metal and carbide-tipped band saw blades play a vital role in manufacturing activities, offering cost-effectiveness, high performance, extended tool life, superior wear resistance, excellent cutting-edge stability, and find applications across diverse industries. For instance, according to Statistics Canada in February 2023, the manufacturing industry in Canada experienced substantial growth, witnessing a remarkable 17.9% increase in total sales, reaching $850.9 billion in 2022. Consequently, the escalating manufacturing activities serve as a driving force fueling the growth of the bi-metal and carbide-tipped band saw blades market.
Prominent companies operating within the bi-metal and carbide-tipped band saw blade markets are strategically focusing on the development of innovative products, such as the Roentgen Alu2 carbide-tipped band saw blades, to gain a competitive edge. The Roentgen Alu2 carbide-tipped band saw blade stands out as a specialized cutting tool meticulously crafted for precision cutting and shaping of aluminum and various non-ferrous metals. It embodies advancements in tooth configurations, tooth geometry, and cutting edge materials to deliver exceptional performance. For instance, in June 2023, KR Saws Limited, a UK-based bandsaw blade manufacturing company, introduced the Roentgen Alu2 carbide-tipped bandsaw blade. Engineered with distinct tooth geometry and a fatigue-resistant backing strip, this blade is designed to withstand high cutting speeds, particularly when employed in sawing non-ferrous alloys such as aluminum. It ensures prolonged blade durability and superior surface finishes while operating at cutting rates of up to 3000 meters per minute and 1500 millimeters per minute.
In January 2023, The M.K. Morse Company, a well-established cutting tool manufacturer based in the United States, successfully acquired PJ Wiseman Ltd. for an undisclosed sum. This strategic acquisition is geared towards facilitating product portfolio diversification and expanding M.K. Morse's customer base by incorporating new markets and customers, spanning across domestic and international landscapes. PJ Wiseman Ltd., the UK-based entity acquired by M.K. Morse, specializes in the manufacturing and distribution of cutting tools, prominently including bi-metal band saw blades.
Major companies operating in the bi-metal and carbide tipped band saw blades market report are Stanley Black & Decker Inc., Benxi Tool Co. Ltd., Amada Weld Tech Co Ltd., Nachi-Fujikoshi Corp., L. S. Starrett Company, Simonds Saw, WIKUS Sägenfabrik GmbH & Co. KG, The M. K. Morse Company, Bichamp Cutting Technology Co (Hunan) Ltd., DoALL Company Inc., Bahco International, American Saw & Manufacturing Inc., Western Saw Inc., Dakin-Flathers Limited, York Saw & Knife Co. Inc., Evolution Power Tools Ltd., Roentgen GmbH & Co, Blackstone Industries LLC, ITL Industries Ltd., SAWS (UK) Ltd., CS Unitec Inc., BIPICO Industries (Tools) Pvt. Ltd., Behringer Saws Inc., Pilana Metal sro, Munkfors, Starcut SRL, J.N. Eberle & Cie. GmbH, Dalian Special Steel Products Co Ltd., Phillips Saw & Tool Inc., Superb Tooling Inc.
Asia Pacific was the largest region in the bi-metal and carbide-tipped band saw blades market in 2024. The regions covered in the bi-metal and carbide tipped band saw blades market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the bi-metal and carbide tipped band saw blades market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The bi-metal and carbide-tipped band saw blade market consists of sales of nickel-based alloys, titanium alloys, duplex stainless steels, and case-hardened steel bi-metal and carbide-tipped band saw blades. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Bi-metal and carbide-tipped band saw blades play a crucial role as cutting tools in band saw machines, serving diverse cutting applications. The bi-metal variant is crafted from two distinct steel materials fused together, while the carbide-tipped version incorporates teeth equipped with rigid carbide inserts. These blades are instrumental in the continuous cutting of various metals, ranging from structural steel to alloy steel and bearing materials.
The primary categories of bi-metal and carbide-tipped band saw blades include carbide-tipped and high-strength steel. The carbide-tipped blades feature teeth with small inserts made from the durable material carbide, renowned for its hardness. This type of band saw blade is employed in cutting applications involving steel, aluminum, cast iron, non-ferrous materials, and more. The end-use industries benefiting from these blades include automotive, aerospace, defense, machine manufacturing, and others.
The bi-metal and carbide-tipped band saw blades market research report is one of a series of new reports that provides bi-metal and carbide-tipped band saw blades market statistics, including bi-metal and carbide-tipped band saw blades industry global market size, regional shares, competitors with a bi-metal and carbide-tipped band saw blades market share, detailed bi-metal and carbide-tipped band saw blades market segments, market trends and opportunities, and any further data you may need to thrive in the bi-metal and carbide-tipped band saw blades industry. This bi-metal and carbide-tipped band saw blades market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Bi-Metal and Carbide Tipped Band Saw Blades Market Characteristics3. Bi-Metal and Carbide Tipped Band Saw Blades Market Trends and Strategies4. Bi-Metal and Carbide Tipped Band Saw Blades Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, Covid and Recovery on the Market32. Global Bi-Metal and Carbide Tipped Band Saw Blades Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Bi-Metal and Carbide Tipped Band Saw Blades Market34. Recent Developments in the Bi-Metal and Carbide Tipped Band Saw Blades Market
5. Global Bi-Metal and Carbide Tipped Band Saw Blades Growth Analysis and Strategic Analysis Framework
6. Bi-Metal and Carbide Tipped Band Saw Blades Market Segmentation
7. Bi-Metal and Carbide Tipped Band Saw Blades Market Regional and Country Analysis
8. Asia-Pacific Bi-Metal and Carbide Tipped Band Saw Blades Market
9. China Bi-Metal and Carbide Tipped Band Saw Blades Market
10. India Bi-Metal and Carbide Tipped Band Saw Blades Market
11. Japan Bi-Metal and Carbide Tipped Band Saw Blades Market
12. Australia Bi-Metal and Carbide Tipped Band Saw Blades Market
13. Indonesia Bi-Metal and Carbide Tipped Band Saw Blades Market
14. South Korea Bi-Metal and Carbide Tipped Band Saw Blades Market
15. Western Europe Bi-Metal and Carbide Tipped Band Saw Blades Market
16. UK Bi-Metal and Carbide Tipped Band Saw Blades Market
17. Germany Bi-Metal and Carbide Tipped Band Saw Blades Market
18. France Bi-Metal and Carbide Tipped Band Saw Blades Market
19. Italy Bi-Metal and Carbide Tipped Band Saw Blades Market
20. Spain Bi-Metal and Carbide Tipped Band Saw Blades Market
21. Eastern Europe Bi-Metal and Carbide Tipped Band Saw Blades Market
22. Russia Bi-Metal and Carbide Tipped Band Saw Blades Market
23. North America Bi-Metal and Carbide Tipped Band Saw Blades Market
24. USA Bi-Metal and Carbide Tipped Band Saw Blades Market
25. Canada Bi-Metal and Carbide Tipped Band Saw Blades Market
26. South America Bi-Metal and Carbide Tipped Band Saw Blades Market
27. Brazil Bi-Metal and Carbide Tipped Band Saw Blades Market
28. Middle East Bi-Metal and Carbide Tipped Band Saw Blades Market
29. Africa Bi-Metal and Carbide Tipped Band Saw Blades Market
30. Bi-Metal and Carbide Tipped Band Saw Blades Market Competitive Landscape and Company Profiles
31. Bi-Metal and Carbide Tipped Band Saw Blades Market Other Major and Innovative Companies
35. Bi-Metal and Carbide Tipped Band Saw Blades Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Bi-Metal And Carbide Tipped Band Saw Blades Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on bi-metal and carbide tipped band saw blades market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for bi-metal and carbide tipped band saw blades? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The bi-metal and carbide tipped band saw blades market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product: Carbide Tipped; High Strength Steel2) By Application: Steel; Aluminum; Cast Iron; Non Ferrous Materials; Others Applications
3) By End-Use Industry: Automotive; Aerospace And Defense; Machine Manufacturing; Other End-Use Industries
Subsegments:
1) By Carbide Tipped: Standard Carbide Tipped Blades; Specialty Carbide Tipped Blades2) By High Strength Steel: Bi-Metal Blades; High-Speed Steel (HSS) Blades
Key Companies Mentioned: Stanley Black & Decker Inc; Benxi Tool Co. Ltd; Amada Weld Tech Co Ltd; Nachi-Fujikoshi Corp.; L. S. Starrett Company
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Bi-Metal and Carbide Tipped Band Saw Blades market report include:- Stanley Black & Decker Inc
- Benxi Tool Co. Ltd
- Amada Weld Tech Co Ltd
- Nachi-Fujikoshi Corp.
- L. S. Starrett Company
- Simonds Saw
- WIKUS Sägenfabrik GmbH & Co. KG
- The M. K. Morse Company
- Bichamp Cutting Technology Co (Hunan) Ltd
- DoALL Company Inc.
- Bahco International
- American Saw & Manufacturing Inc
- Western Saw Inc.
- Dakin-Flathers Limited
- York Saw & Knife Co. Inc.
- Evolution Power Tools Ltd
- Roentgen GmbH & Co
- Blackstone Industries LLC
- ITL Industries Ltd
- SAWS (UK) LTD
- CS Unitec Inc.
- BIPICO Industries (Tools) Pvt. Ltd.
- Behringer Saws Inc.
- Pilana Metal sro
- Munkfors
- Starcut SRL
- J.N. Eberle & Cie. GmbH
- Dalian Special Steel Products Co Ltd
- Phillips Saw & Tool Inc.
- Superb Tooling Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | March 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 2.14 Billion |
Forecasted Market Value ( USD | $ 2.63 Billion |
Compound Annual Growth Rate | 5.3% |
Regions Covered | Global |
No. of Companies Mentioned | 30 |