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Last Updated: Apr 26, 2025 | Study Period: 2024-2030
Cutting tools are essential in the ever-evolving world of production and crafting because they help shape raw materials and turn them into beautiful products. These tools have advanced significantly from ancient flint blades to cutting-edge technologies of today, enabling people to perform feats that were previously unthinkable.
Cutting tools have a long history that spans many civilizations and have evolved into essential resources with many benefits that have revolutionized many industries.
Advantages of Cutting Tools:
Cutting tools have survived the test of time and technological advancement, enabling people to precisely, effectively, and creatively alter their surroundings. These instruments continue to redefine boundaries and push the bounds of what is possible in anything from small-scale workshops to large-scale industrial operations.
Cutting tools continue to be essential assets across a variety of industries due to their wide range of benefits, which range from precision and productivity to versatility and safety. This accelerates innovation and progress at an unheard-of rate.
The UAE Cutting Tools market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
In order to streamline the machining process and make it easier for machinists and operators to access the best cutting tools for a variety of applications, cutting tool expert Dormer Pramet is introducing new products and expanding its assortments.
An updated generation of MT-CVD turning grade, a series of affordable face milling inserts, and a family of tangential square shoulder milling tools have all been introduced by the global tool manufacturer Dormer Pramet.
The business has also created a variety of adaptable face milling inserts, established a new geometry for high feed milling, and increased its offering for indexable threading, small parts, and die and mold machining. These most recent improvements, which place a heavy emphasis on adaptability, offer a straightforward solution to a variety of machining applications.
The new grade T9415 is the standout among the new items. The most cutting-edge MT-CVD grade introduced by Dormer Pramet in almost ten years is the Pramet T9415. This fourth-generation grade, which takes the place of the T9310 and T9315,
covers a wide range of applications. Furthermore, it somewhat overlaps with grade T9325, making T9415 one of the grades with the broadest uses in steel turning.
The Pramet T9415 offers improved productivity by enabling faster cutting rates and increases tool durability by boosting resistance to wear by having a 30% thicker covering than the previous version. The company claims that numerous test users of the new grade have noted a twofold increase in productivity while cutting carbon and structural steel.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |