The global Carbide Drill Bits for Mining market size was valued at US$ 2043 million in 2024 and is forecast to a readjusted size of USD 2874 million by 2031 with a CAGR of 5.0% during review period.
Carbide drill bits for mining are specialized cutting tools made from tungsten carbide, a hard and wear-resistant material, designed for drilling through tough rock formations. These bits are commonly used in mining, tunneling, and construction due to their durability, high heat resistance, and ability to maintain sharpness over extended use. They come in various shapes and sizes, including button bits, chisel bits, and cross bits, each suited for different drilling conditions. Their toughness and efficiency make them essential for high-performance drilling in challenging environments.
This report is a detailed and comprehensive analysis for global Carbide Drill Bits for Mining market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Carbide Drill Bits for Mining market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Carbide Drill Bits for Mining market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Carbide Drill Bits for Mining market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Carbide Drill Bits for Mining market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Carbide Drill Bits for Mining
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Carbide Drill Bits for Mining market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Sandvik, Epiroc, Boart Longyear, Kennametal, Schlumberger, Halliburton, Baker Hughes, Ceratizit, China Tungsten and Hightech Materials, Shareate Tools, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Carbide Drill Bits for Mining market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Rock Drilling Tools
Mining Tools
Exploration Tools
Market segment by Application
Mineral Resource Mining
Oil Drilling
Coal Mining
Infrastructure Construction
Major players covered
Sandvik
Epiroc
Boart Longyear
Kennametal
Schlumberger
Halliburton
Baker Hughes
Ceratizit
China Tungsten and Hightech Materials
Shareate Tools
Lianhuashan ROCK Tools
Sinopec Oilfield Equipment
ACE Drilling Tools
Robit
Ryotec
DaltronX
KoneCarbide
Milalion Tools
Suzhou Danv Tools
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Carbide Drill Bits for Mining product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Carbide Drill Bits for Mining, with price, sales quantity, revenue, and global market share of Carbide Drill Bits for Mining from 2020 to 2025.
Chapter 3, the Carbide Drill Bits for Mining competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Carbide Drill Bits for Mining breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Carbide Drill Bits for Mining market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Carbide Drill Bits for Mining.
Chapter 14 and 15, to describe Carbide Drill Bits for Mining sales channel, distributors, customers, research findings and conclusion.
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1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Carbide Drill Bits for Mining Consumption Value by Type: 2020 Versus 2024 Versus 2031
1.3.2 Rock Drilling Tools
1.3.3 Mining Tools
1.3.4 Exploration Tools
1.4 Market Analysis by Application
1.4.1 Overview: Global Carbide Drill Bits for Mining Consumption Value by Application: 2020 Versus 2024 Versus 2031
1.4.2 Mineral Resource Mining
1.4.3 Oil Drilling
1.4.4 Coal Mining
1.4.5 Infrastructure Construction
1.5 Global Carbide Drill Bits for Mining Market Size & Forecast
1.5.1 Global Carbide Drill Bits for Mining Consumption Value (2020 & 2024 & 2031)
1.5.2 Global Carbide Drill Bits for Mining Sales Quantity (2020-2031)
1.5.3 Global Carbide Drill Bits for Mining Average Price (2020-2031)
2 Manufacturers Profiles
2.1 Sandvik
2.1.1 Sandvik Details
2.1.2 Sandvik Major Business
2.1.3 Sandvik Carbide Drill Bits for Mining Product and Services
2.1.4 Sandvik Carbide Drill Bits for Mining Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.1.5 Sandvik Recent Developments/Updates
2.2 Epiroc
2.2.1 Epiroc Details
2.2.2 Epiroc Major Business
2.2.3 Epiroc Carbide Drill Bits for Mining Product and Services
2.2.4 Epiroc Carbide Drill Bits for Mining Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.2.5 Epiroc Recent Developments/Updates
2.3 Boart Longyear
2.3.1 Boart Longyear Details
2.3.2 Boart Longyear Major Business
2.3.3 Boart Longyear Carbide Drill Bits for Mining Product and Services
2.3.4 Boart Longyear Carbide Drill Bits for Mining Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.3.5 Boart Longyear Recent Developments/Updates
2.4 Kennametal
2.4.1 Kennametal Details
2.4.2 Kennametal Major Business
2.4.3 Kennametal Carbide Drill Bits for Mining Product and Services
2.4.4 Kennametal Carbide Drill Bits for Mining Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.4.5 Kennametal Recent Developments/Updates
2.5 Schlumberger
2.5.1 Schlumberger Details
2.5.2 Schlumberger Major Business
2.5.3 Schlumberger Carbide Drill Bits for Mining Product and Services
2.5.4 Schlumberger Carbide Drill Bits for Mining Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.5.5 Schlumberger Recent Developments/Updates
2.6 Halliburton
2.6.1 Halliburton Details
2.6.2 Halliburton Major Business
2.6.3 Halliburton Carbide Drill Bits for Mining Product and Services
2.6.4 Halliburton Carbide Drill Bits for Mining Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.6.5 Halliburton Recent Developments/Updates
2.7 Baker Hughes
2.7.1 Baker Hughes Details
2.7.2 Baker Hughes Major Business
2.7.3 Baker Hughes Carbide Drill Bits for Mining Product and Services
2.7.4 Baker Hughes Carbide Drill Bits for Mining Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.7.5 Baker Hughes Recent Developments/Updates
2.8 Ceratizit
2.8.1 Ceratizit Details
2.8.2 Ceratizit Major Business
2.8.3 Ceratizit Carbide Drill Bits for Mining Product and Services
2.8.4 Ceratizit Carbide Drill Bits for Mining Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.8.5 Ceratizit Recent Developments/Updates
2.9 China Tungsten and Hightech Materials
2.9.1 China Tungsten and Hightech Materials Details
2.9.2 China Tungsten and Hightech Materials Major Business
2.9.3 China Tungsten and Hightech Materials Carbide Drill Bits for Mining Product and Services
2.9.4 China Tungsten and Hightech Materials Carbide Drill Bits for Mining Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.9.5 China Tungsten and Hightech Materials Recent Developments/Updates
2.10 Shareate Tools
2.10.1 Shareate Tools Details
2.10.2 Shareate Tools Major Business
2.10.3 Shareate Tools Carbide Drill Bits for Mining Product and Services
2.10.4 Shareate Tools Carbide Drill Bits for Mining Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.10.5 Shareate Tools Recent Developments/Updates
2.11 Lianhuashan ROCK Tools
2.11.1 Lianhuashan ROCK Tools Details
2.11.2 Lianhuashan ROCK Tools Major Business
2.11.3 Lianhuashan ROCK Tools Carbide Drill Bits for Mining Product and Services
2.11.4 Lianhuashan ROCK Tools Carbide Drill Bits for Mining Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.11.5 Lianhuashan ROCK Tools Recent Developments/Updates
2.12 Sinopec Oilfield Equipment
2.12.1 Sinopec Oilfield Equipment Details
2.12.2 Sinopec Oilfield Equipment Major Business
2.12.3 Sinopec Oilfield Equipment Carbide Drill Bits for Mining Product and Services
2.12.4 Sinopec Oilfield Equipment Carbide Drill Bits for Mining Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.12.5 Sinopec Oilfield Equipment Recent Developments/Updates
2.13 ACE Drilling Tools
2.13.1 ACE Drilling Tools Details
2.13.2 ACE Drilling Tools Major Business
2.13.3 ACE Drilling Tools Carbide Drill Bits for Mining Product and Services
2.13.4 ACE Drilling Tools Carbide Drill Bits for Mining Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.13.5 ACE Drilling Tools Recent Developments/Updates
2.14 Robit
2.14.1 Robit Details
2.14.2 Robit Major Business
2.14.3 Robit Carbide Drill Bits for Mining Product and Services
2.14.4 Robit Carbide Drill Bits for Mining Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.14.5 Robit Recent Developments/Updates
2.15 Ryotec
2.15.1 Ryotec Details
2.15.2 Ryotec Major Business
2.15.3 Ryotec Carbide Drill Bits for Mining Product and Services
2.15.4 Ryotec Carbide Drill Bits for Mining Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.15.5 Ryotec Recent Developments/Updates
2.16 DaltronX
2.16.1 DaltronX Details
2.16.2 DaltronX Major Business
2.16.3 DaltronX Carbide Drill Bits for Mining Product and Services
2.16.4 DaltronX Carbide Drill Bits for Mining Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.16.5 DaltronX Recent Developments/Updates
2.17 KoneCarbide
2.17.1 KoneCarbide Details
2.17.2 KoneCarbide Major Business
2.17.3 KoneCarbide Carbide Drill Bits for Mining Product and Services
2.17.4 KoneCarbide Carbide Drill Bits for Mining Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.17.5 KoneCarbide Recent Developments/Updates
2.18 Milalion Tools
2.18.1 Milalion Tools Details
2.18.2 Milalion Tools Major Business
2.18.3 Milalion Tools Carbide Drill Bits for Mining Product and Services
2.18.4 Milalion Tools Carbide Drill Bits for Mining Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.18.5 Milalion Tools Recent Developments/Updates
2.19 Suzhou Danv Tools
2.19.1 Suzhou Danv Tools Details
2.19.2 Suzhou Danv Tools Major Business
2.19.3 Suzhou Danv Tools Carbide Drill Bits for Mining Product and Services
2.19.4 Suzhou Danv Tools Carbide Drill Bits for Mining Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.19.5 Suzhou Danv Tools Recent Developments/Updates
3 Competitive Environment: Carbide Drill Bits for Mining by Manufacturer
3.1 Global Carbide Drill Bits for Mining Sales Quantity by Manufacturer (2020-2025)
3.2 Global Carbide Drill Bits for Mining Revenue by Manufacturer (2020-2025)
3.3 Global Carbide Drill Bits for Mining Average Price by Manufacturer (2020-2025)
3.4 Market Share Analysis (2024)
3.4.1 Producer Shipments of Carbide Drill Bits for Mining by Manufacturer Revenue ($MM) and Market Share (%): 2024
3.4.2 Top 3 Carbide Drill Bits for Mining Manufacturer Market Share in 2024
3.4.3 Top 6 Carbide Drill Bits for Mining Manufacturer Market Share in 2024
3.5 Carbide Drill Bits for Mining Market: Overall Company Footprint Analysis
3.5.1 Carbide Drill Bits for Mining Market: Region Footprint
3.5.2 Carbide Drill Bits for Mining Market: Company Product Type Footprint
3.5.3 Carbide Drill Bits for Mining Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Carbide Drill Bits for Mining Market Size by Region
4.1.1 Global Carbide Drill Bits for Mining Sales Quantity by Region (2020-2031)
4.1.2 Global Carbide Drill Bits for Mining Consumption Value by Region (2020-2031)
4.1.3 Global Carbide Drill Bits for Mining Average Price by Region (2020-2031)
4.2 North America Carbide Drill Bits for Mining Consumption Value (2020-2031)
4.3 Europe Carbide Drill Bits for Mining Consumption Value (2020-2031)
4.4 Asia-Pacific Carbide Drill Bits for Mining Consumption Value (2020-2031)
4.5 South America Carbide Drill Bits for Mining Consumption Value (2020-2031)
4.6 Middle East & Africa Carbide Drill Bits for Mining Consumption Value (2020-2031)
5 Market Segment by Type
5.1 Global Carbide Drill Bits for Mining Sales Quantity by Type (2020-2031)
5.2 Global Carbide Drill Bits for Mining Consumption Value by Type (2020-2031)
5.3 Global Carbide Drill Bits for Mining Average Price by Type (2020-2031)
6 Market Segment by Application
6.1 Global Carbide Drill Bits for Mining Sales Quantity by Application (2020-2031)
6.2 Global Carbide Drill Bits for Mining Consumption Value by Application (2020-2031)
6.3 Global Carbide Drill Bits for Mining Average Price by Application (2020-2031)
7 North America
7.1 North America Carbide Drill Bits for Mining Sales Quantity by Type (2020-2031)
7.2 North America Carbide Drill Bits for Mining Sales Quantity by Application (2020-2031)
7.3 North America Carbide Drill Bits for Mining Market Size by Country
7.3.1 North America Carbide Drill Bits for Mining Sales Quantity by Country (2020-2031)
7.3.2 North America Carbide Drill Bits for Mining Consumption Value by Country (2020-2031)
7.3.3 United States Market Size and Forecast (2020-2031)
7.3.4 Canada Market Size and Forecast (2020-2031)
7.3.5 Mexico Market Size and Forecast (2020-2031)
8 Europe
8.1 Europe Carbide Drill Bits for Mining Sales Quantity by Type (2020-2031)
8.2 Europe Carbide Drill Bits for Mining Sales Quantity by Application (2020-2031)
8.3 Europe Carbide Drill Bits for Mining Market Size by Country
8.3.1 Europe Carbide Drill Bits for Mining Sales Quantity by Country (2020-2031)
8.3.2 Europe Carbide Drill Bits for Mining Consumption Value by Country (2020-2031)
8.3.3 Germany Market Size and Forecast (2020-2031)
8.3.4 France Market Size and Forecast (2020-2031)
8.3.5 United Kingdom Market Size and Forecast (2020-2031)
8.3.6 Russia Market Size and Forecast (2020-2031)
8.3.7 Italy Market Size and Forecast (2020-2031)
9 Asia-Pacific
9.1 Asia-Pacific Carbide Drill Bits for Mining Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific Carbide Drill Bits for Mining Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific Carbide Drill Bits for Mining Market Size by Region
9.3.1 Asia-Pacific Carbide Drill Bits for Mining Sales Quantity by Region (2020-2031)
9.3.2 Asia-Pacific Carbide Drill Bits for Mining Consumption Value by Region (2020-2031)
9.3.3 China Market Size and Forecast (2020-2031)
9.3.4 Japan Market Size and Forecast (2020-2031)
9.3.5 South Korea Market Size and Forecast (2020-2031)
9.3.6 India Market Size and Forecast (2020-2031)
9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
9.3.8 Australia Market Size and Forecast (2020-2031)
10 South America
10.1 South America Carbide Drill Bits for Mining Sales Quantity by Type (2020-2031)
10.2 South America Carbide Drill Bits for Mining Sales Quantity by Application (2020-2031)
10.3 South America Carbide Drill Bits for Mining Market Size by Country
10.3.1 South America Carbide Drill Bits for Mining Sales Quantity by Country (2020-2031)
10.3.2 South America Carbide Drill Bits for Mining Consumption Value by Country (2020-2031)
10.3.3 Brazil Market Size and Forecast (2020-2031)
10.3.4 Argentina Market Size and Forecast (2020-2031)
11 Middle East & Africa
11.1 Middle East & Africa Carbide Drill Bits for Mining Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa Carbide Drill Bits for Mining Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa Carbide Drill Bits for Mining Market Size by Country
11.3.1 Middle East & Africa Carbide Drill Bits for Mining Sales Quantity by Country (2020-2031)
11.3.2 Middle East & Africa Carbide Drill Bits for Mining Consumption Value by Country (2020-2031)
11.3.3 Turkey Market Size and Forecast (2020-2031)
11.3.4 Egypt Market Size and Forecast (2020-2031)
11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
11.3.6 South Africa Market Size and Forecast (2020-2031)
12 Market Dynamics
12.1 Carbide Drill Bits for Mining Market Drivers
12.2 Carbide Drill Bits for Mining Market Restraints
12.3 Carbide Drill Bits for Mining Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of Carbide Drill Bits for Mining and Key Manufacturers
13.2 Manufacturing Costs Percentage of Carbide Drill Bits for Mining
13.3 Carbide Drill Bits for Mining Production Process
13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Carbide Drill Bits for Mining Typical Distributors
14.3 Carbide Drill Bits for Mining Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Sandvik
Epiroc
Boart Longyear
Kennametal
Schlumberger
Halliburton
Baker Hughes
Ceratizit
China Tungsten and Hightech Materials
Shareate Tools
Lianhuashan ROCK Tools
Sinopec Oilfield Equipment
ACE Drilling Tools
Robit
Ryotec
DaltronX
KoneCarbide
Milalion Tools
Suzhou Danv Tools
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*If Applicable.