CNC machining cutting inserts are specialized, replaceable tools used in Computer Numerical Control (CNC) machines for cutting, shaping, or finishing materials such as metal, wood, or plastic. These inserts are mounted onto the cutting tool and designed with various geometries and coatings to optimize performance based on the material being machined. Made from hard materials like carbide, ceramics, or high-speed steel, CNC inserts are engineered to withstand high temperatures and pressure during cutting operations. They come in different shapes and sizes, such as square, round, or triangular, and are often used in turning, milling, or drilling processes. Their primary purpose is to enhance cutting precision, increase tool life, and improve surface finish in CNC machining operations. By being replaceable, cutting inserts reduce downtime, as operators can quickly swap them out when worn or damaged.
The global CNC Machining Cutting Inserts market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of %during the forecast period 2024-2030.
North American market for CNC Machining Cutting Inserts is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for CNC Machining Cutting Inserts is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of CNC Machining Cutting Inserts include Sandvik, IMC Group, Kennametal, Sumitomo, Mitsubishi, Kyocera, Hitachi, Mapal, Korloy, YG-1, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for CNC Machining Cutting Inserts, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding CNC Machining Cutting Inserts.
The CNC Machining Cutting Inserts market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global CNC Machining Cutting Inserts market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the CNC Machining Cutting Inserts manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Sandvik
IMC Group
Kennametal
Sumitomo
Mitsubishi
Kyocera
Hitachi
Mapal
Korloy
YG-1
ZCCCT
North American Carbide
Ingersoll Cutting Tools
Ceratizit
Guhring
OKE
Sandhog
Lovejoy Tool
Certrix-EG
Aloris
Shanghai Tool
Zhuzhou Cemented Carbide Group
Zhuzhou Huarui
Beijing Worldia Diamond Tools
by Type
Carbide
Ceramics
CBN
Others
by Application
Machinery
Automotive
Aerospace
Energy
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of CNC Machining Cutting Inserts manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of CNC Machining Cutting Inserts by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of CNC Machining Cutting Inserts in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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1 CNC Machining Cutting Inserts Market Overview
1.1 Product Definition
1.2 CNC Machining Cutting Inserts by Type
1.2.1 Global CNC Machining Cutting Inserts Market Value Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Carbide
1.2.3 Ceramics
1.2.4 CBN
1.2.5 Others
1.3 CNC Machining Cutting Inserts by Application
1.3.1 Global CNC Machining Cutting Inserts Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Machinery
1.3.3 Automotive
1.3.4 Aerospace
1.3.5 Energy
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global CNC Machining Cutting Inserts Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global CNC Machining Cutting Inserts Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global CNC Machining Cutting Inserts Production Estimates and Forecasts (2019-2030)
1.4.4 Global CNC Machining Cutting Inserts Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global CNC Machining Cutting Inserts Production Market Share by Manufacturers (2019-2024)
2.2 Global CNC Machining Cutting Inserts Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of CNC Machining Cutting Inserts, Industry Ranking, 2022 VS 2023
2.4 Global CNC Machining Cutting Inserts Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global CNC Machining Cutting Inserts Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of CNC Machining Cutting Inserts, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of CNC Machining Cutting Inserts, Product Offered and Application
2.8 Global Key Manufacturers of CNC Machining Cutting Inserts, Date of Enter into This Industry
2.9 CNC Machining Cutting Inserts Market Competitive Situation and Trends
2.9.1 CNC Machining Cutting Inserts Market Concentration Rate
2.9.2 Global 5 and 10 Largest CNC Machining Cutting Inserts Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 CNC Machining Cutting Inserts Production by Region
3.1 Global CNC Machining Cutting Inserts Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global CNC Machining Cutting Inserts Production Value by Region (2019-2030)
3.2.1 Global CNC Machining Cutting Inserts Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of CNC Machining Cutting Inserts by Region (2025-2030)
3.3 Global CNC Machining Cutting Inserts Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global CNC Machining Cutting Inserts Production by Region (2019-2030)
3.4.1 Global CNC Machining Cutting Inserts Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of CNC Machining Cutting Inserts by Region (2025-2030)
3.5 Global CNC Machining Cutting Inserts Market Price Analysis by Region (2019-2024)
3.6 Global CNC Machining Cutting Inserts Production and Value, Year-over-Year Growth
3.6.1 North America CNC Machining Cutting Inserts Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe CNC Machining Cutting Inserts Production Value Estimates and Forecasts (2019-2030)
3.6.3 China CNC Machining Cutting Inserts Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan CNC Machining Cutting Inserts Production Value Estimates and Forecasts (2019-2030)
4 CNC Machining Cutting Inserts Consumption by Region
4.1 Global CNC Machining Cutting Inserts Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global CNC Machining Cutting Inserts Consumption by Region (2019-2030)
4.2.1 Global CNC Machining Cutting Inserts Consumption by Region (2019-2030)
4.2.2 Global CNC Machining Cutting Inserts Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America CNC Machining Cutting Inserts Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America CNC Machining Cutting Inserts Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe CNC Machining Cutting Inserts Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe CNC Machining Cutting Inserts Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific CNC Machining Cutting Inserts Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific CNC Machining Cutting Inserts Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa CNC Machining Cutting Inserts Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa CNC Machining Cutting Inserts Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global CNC Machining Cutting Inserts Production by Type (2019-2030)
5.1.1 Global CNC Machining Cutting Inserts Production by Type (2019-2024)
5.1.2 Global CNC Machining Cutting Inserts Production by Type (2025-2030)
5.1.3 Global CNC Machining Cutting Inserts Production Market Share by Type (2019-2030)
5.2 Global CNC Machining Cutting Inserts Production Value by Type (2019-2030)
5.2.1 Global CNC Machining Cutting Inserts Production Value by Type (2019-2024)
5.2.2 Global CNC Machining Cutting Inserts Production Value by Type (2025-2030)
5.2.3 Global CNC Machining Cutting Inserts Production Value Market Share by Type (2019-2030)
5.3 Global CNC Machining Cutting Inserts Price by Type (2019-2030)
6 Segment by Application
6.1 Global CNC Machining Cutting Inserts Production by Application (2019-2030)
6.1.1 Global CNC Machining Cutting Inserts Production by Application (2019-2024)
6.1.2 Global CNC Machining Cutting Inserts Production by Application (2025-2030)
6.1.3 Global CNC Machining Cutting Inserts Production Market Share by Application (2019-2030)
6.2 Global CNC Machining Cutting Inserts Production Value by Application (2019-2030)
6.2.1 Global CNC Machining Cutting Inserts Production Value by Application (2019-2024)
6.2.2 Global CNC Machining Cutting Inserts Production Value by Application (2025-2030)
6.2.3 Global CNC Machining Cutting Inserts Production Value Market Share by Application (2019-2030)
6.3 Global CNC Machining Cutting Inserts Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Sandvik
7.1.1 Sandvik CNC Machining Cutting Inserts Company Information
7.1.2 Sandvik CNC Machining Cutting Inserts Product Portfolio
7.1.3 Sandvik CNC Machining Cutting Inserts Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Sandvik Main Business and Markets Served
7.1.5 Sandvik Recent Developments/Updates
7.2 IMC Group
7.2.1 IMC Group CNC Machining Cutting Inserts Company Information
7.2.2 IMC Group CNC Machining Cutting Inserts Product Portfolio
7.2.3 IMC Group CNC Machining Cutting Inserts Production, Value, Price and Gross Margin (2019-2024)
7.2.4 IMC Group Main Business and Markets Served
7.2.5 IMC Group Recent Developments/Updates
7.3 Kennametal
7.3.1 Kennametal CNC Machining Cutting Inserts Company Information
7.3.2 Kennametal CNC Machining Cutting Inserts Product Portfolio
7.3.3 Kennametal CNC Machining Cutting Inserts Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Kennametal Main Business and Markets Served
7.3.5 Kennametal Recent Developments/Updates
7.4 Sumitomo
7.4.1 Sumitomo CNC Machining Cutting Inserts Company Information
7.4.2 Sumitomo CNC Machining Cutting Inserts Product Portfolio
7.4.3 Sumitomo CNC Machining Cutting Inserts Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Sumitomo Main Business and Markets Served
7.4.5 Sumitomo Recent Developments/Updates
7.5 Mitsubishi
7.5.1 Mitsubishi CNC Machining Cutting Inserts Company Information
7.5.2 Mitsubishi CNC Machining Cutting Inserts Product Portfolio
7.5.3 Mitsubishi CNC Machining Cutting Inserts Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Mitsubishi Main Business and Markets Served
7.5.5 Mitsubishi Recent Developments/Updates
7.6 Kyocera
7.6.1 Kyocera CNC Machining Cutting Inserts Company Information
7.6.2 Kyocera CNC Machining Cutting Inserts Product Portfolio
7.6.3 Kyocera CNC Machining Cutting Inserts Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Kyocera Main Business and Markets Served
7.6.5 Kyocera Recent Developments/Updates
7.7 Hitachi
7.7.1 Hitachi CNC Machining Cutting Inserts Company Information
7.7.2 Hitachi CNC Machining Cutting Inserts Product Portfolio
7.7.3 Hitachi CNC Machining Cutting Inserts Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Hitachi Main Business and Markets Served
7.7.5 Hitachi Recent Developments/Updates
7.8 Mapal
7.8.1 Mapal CNC Machining Cutting Inserts Company Information
7.8.2 Mapal CNC Machining Cutting Inserts Product Portfolio
7.8.3 Mapal CNC Machining Cutting Inserts Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Mapal Main Business and Markets Served
7.8.5 Mapal Recent Developments/Updates
7.9 Korloy
7.9.1 Korloy CNC Machining Cutting Inserts Company Information
7.9.2 Korloy CNC Machining Cutting Inserts Product Portfolio
7.9.3 Korloy CNC Machining Cutting Inserts Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Korloy Main Business and Markets Served
7.9.5 Korloy Recent Developments/Updates
7.10 YG-1
7.10.1 YG-1 CNC Machining Cutting Inserts Company Information
7.10.2 YG-1 CNC Machining Cutting Inserts Product Portfolio
7.10.3 YG-1 CNC Machining Cutting Inserts Production, Value, Price and Gross Margin (2019-2024)
7.10.4 YG-1 Main Business and Markets Served
7.10.5 YG-1 Recent Developments/Updates
7.11 ZCCCT
7.11.1 ZCCCT CNC Machining Cutting Inserts Company Information
7.11.2 ZCCCT CNC Machining Cutting Inserts Product Portfolio
7.11.3 ZCCCT CNC Machining Cutting Inserts Production, Value, Price and Gross Margin (2019-2024)
7.11.4 ZCCCT Main Business and Markets Served
7.11.5 ZCCCT Recent Developments/Updates
7.12 North American Carbide
7.12.1 North American Carbide CNC Machining Cutting Inserts Company Information
7.12.2 North American Carbide CNC Machining Cutting Inserts Product Portfolio
7.12.3 North American Carbide CNC Machining Cutting Inserts Production, Value, Price and Gross Margin (2019-2024)
7.12.4 North American Carbide Main Business and Markets Served
7.12.5 North American Carbide Recent Developments/Updates
7.13 Ingersoll Cutting Tools
7.13.1 Ingersoll Cutting Tools CNC Machining Cutting Inserts Company Information
7.13.2 Ingersoll Cutting Tools CNC Machining Cutting Inserts Product Portfolio
7.13.3 Ingersoll Cutting Tools CNC Machining Cutting Inserts Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Ingersoll Cutting Tools Main Business and Markets Served
7.13.5 Ingersoll Cutting Tools Recent Developments/Updates
7.14 Ceratizit
7.14.1 Ceratizit CNC Machining Cutting Inserts Company Information
7.14.2 Ceratizit CNC Machining Cutting Inserts Product Portfolio
7.14.3 Ceratizit CNC Machining Cutting Inserts Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Ceratizit Main Business and Markets Served
7.14.5 Ceratizit Recent Developments/Updates
7.15 Guhring
7.15.1 Guhring CNC Machining Cutting Inserts Company Information
7.15.2 Guhring CNC Machining Cutting Inserts Product Portfolio
7.15.3 Guhring CNC Machining Cutting Inserts Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Guhring Main Business and Markets Served
7.15.5 Guhring Recent Developments/Updates
7.16 OKE
7.16.1 OKE CNC Machining Cutting Inserts Company Information
7.16.2 OKE CNC Machining Cutting Inserts Product Portfolio
7.16.3 OKE CNC Machining Cutting Inserts Production, Value, Price and Gross Margin (2019-2024)
7.16.4 OKE Main Business and Markets Served
7.16.5 OKE Recent Developments/Updates
7.17 Sandhog
7.17.1 Sandhog CNC Machining Cutting Inserts Company Information
7.17.2 Sandhog CNC Machining Cutting Inserts Product Portfolio
7.17.3 Sandhog CNC Machining Cutting Inserts Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Sandhog Main Business and Markets Served
7.17.5 Sandhog Recent Developments/Updates
7.18 Lovejoy Tool
7.18.1 Lovejoy Tool CNC Machining Cutting Inserts Company Information
7.18.2 Lovejoy Tool CNC Machining Cutting Inserts Product Portfolio
7.18.3 Lovejoy Tool CNC Machining Cutting Inserts Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Lovejoy Tool Main Business and Markets Served
7.18.5 Lovejoy Tool Recent Developments/Updates
7.19 Certrix-EG
7.19.1 Certrix-EG CNC Machining Cutting Inserts Company Information
7.19.2 Certrix-EG CNC Machining Cutting Inserts Product Portfolio
7.19.3 Certrix-EG CNC Machining Cutting Inserts Production, Value, Price and Gross Margin (2019-2024)
7.19.4 Certrix-EG Main Business and Markets Served
7.19.5 Certrix-EG Recent Developments/Updates
7.20 Aloris
7.20.1 Aloris CNC Machining Cutting Inserts Company Information
7.20.2 Aloris CNC Machining Cutting Inserts Product Portfolio
7.20.3 Aloris CNC Machining Cutting Inserts Production, Value, Price and Gross Margin (2019-2024)
7.20.4 Aloris Main Business and Markets Served
7.20.5 Aloris Recent Developments/Updates
7.21 Shanghai Tool
7.21.1 Shanghai Tool CNC Machining Cutting Inserts Company Information
7.21.2 Shanghai Tool CNC Machining Cutting Inserts Product Portfolio
7.21.3 Shanghai Tool CNC Machining Cutting Inserts Production, Value, Price and Gross Margin (2019-2024)
7.21.4 Shanghai Tool Main Business and Markets Served
7.21.5 Shanghai Tool Recent Developments/Updates
7.22 Zhuzhou Cemented Carbide Group
7.22.1 Zhuzhou Cemented Carbide Group CNC Machining Cutting Inserts Company Information
7.22.2 Zhuzhou Cemented Carbide Group CNC Machining Cutting Inserts Product Portfolio
7.22.3 Zhuzhou Cemented Carbide Group CNC Machining Cutting Inserts Production, Value, Price and Gross Margin (2019-2024)
7.22.4 Zhuzhou Cemented Carbide Group Main Business and Markets Served
7.22.5 Zhuzhou Cemented Carbide Group Recent Developments/Updates
7.23 Zhuzhou Huarui
7.23.1 Zhuzhou Huarui CNC Machining Cutting Inserts Company Information
7.23.2 Zhuzhou Huarui CNC Machining Cutting Inserts Product Portfolio
7.23.3 Zhuzhou Huarui CNC Machining Cutting Inserts Production, Value, Price and Gross Margin (2019-2024)
7.23.4 Zhuzhou Huarui Main Business and Markets Served
7.23.5 Zhuzhou Huarui Recent Developments/Updates
7.24 Beijing Worldia Diamond Tools
7.24.1 Beijing Worldia Diamond Tools CNC Machining Cutting Inserts Company Information
7.24.2 Beijing Worldia Diamond Tools CNC Machining Cutting Inserts Product Portfolio
7.24.3 Beijing Worldia Diamond Tools CNC Machining Cutting Inserts Production, Value, Price and Gross Margin (2019-2024)
7.24.4 Beijing Worldia Diamond Tools Main Business and Markets Served
7.24.5 Beijing Worldia Diamond Tools Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 CNC Machining Cutting Inserts Industry Chain Analysis
8.2 CNC Machining Cutting Inserts Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 CNC Machining Cutting Inserts Production Mode & Process
8.4 CNC Machining Cutting Inserts Sales and Marketing
8.4.1 CNC Machining Cutting Inserts Sales Channels
8.4.2 CNC Machining Cutting Inserts Distributors
8.5 CNC Machining Cutting Inserts Customers
9 CNC Machining Cutting Inserts Market Dynamics
9.1 CNC Machining Cutting Inserts Industry Trends
9.2 CNC Machining Cutting Inserts Market Drivers
9.3 CNC Machining Cutting Inserts Market Challenges
9.4 CNC Machining Cutting Inserts Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Sandvik
IMC Group
Kennametal
Sumitomo
Mitsubishi
Kyocera
Hitachi
Mapal
Korloy
YG-1
ZCCCT
North American Carbide
Ingersoll Cutting Tools
Ceratizit
Guhring
OKE
Sandhog
Lovejoy Tool
Certrix-EG
Aloris
Shanghai Tool
Zhuzhou Cemented Carbide Group
Zhuzhou Huarui
Beijing Worldia Diamond Tools
听
听
*If Applicable.
