The global market for Mining Carbide Tools was valued at US$ 1985 million in the year 2024 and is projected to reach a revised size of US$ 2812 million by 2031, growing at a CAGR of 5.1% during the forecast period.
Mining carbide tools are specialized cutting and drilling tools made from tungsten carbide, a hard and wear-resistant material, designed for use in the mining and tunneling industries. These tools, including drill bits, cutting picks, and inserts, offer high durability and resistance to extreme conditions such as high pressure, heat, and abrasion. They enhance efficiency in rock drilling, coal cutting, and mineral extraction by providing superior strength and longevity compared to traditional steel tools, reducing downtime and operational costs in mining operations.
North American market for Mining Carbide Tools is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Mining Carbide Tools is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Mining Carbide Tools include Sandvik, Epiroc, Boart Longyear, Kennametal, Schlumberger, Halliburton, Baker Hughes, Ceratizit, China Tungsten and Hightech Materials, Shareate Tools, etc. In 2024, 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 Mining Carbide Tools, 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 Mining Carbide Tools.
The Mining Carbide Tools market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Mining Carbide Tools 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 Mining Carbide Tools 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
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
by Type
Rock Drilling Tools
Mining Tools
Exploration Tools
by Application
Mineral Resource Mining
Oil Drilling
Coal Mining
Infrastructure Construction
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 Mining Carbide Tools manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Mining Carbide Tools 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 Mining Carbide Tools 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 Mining Carbide Tools Market Overview
1.1 Product Definition
1.2 Mining Carbide Tools by Type
1.2.1 Global Mining Carbide Tools Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Rock Drilling Tools
1.2.3 Mining Tools
1.2.4 Exploration Tools
1.3 Mining Carbide Tools by Application
1.3.1 Global Mining Carbide Tools Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Mineral Resource Mining
1.3.3 Oil Drilling
1.3.4 Coal Mining
1.3.5 Infrastructure Construction
1.4 Global Market Growth Prospects
1.4.1 Global Mining Carbide Tools Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Mining Carbide Tools Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Mining Carbide Tools Production Estimates and Forecasts (2020-2031)
1.4.4 Global Mining Carbide Tools Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Mining Carbide Tools Production Market Share by Manufacturers (2020-2025)
2.2 Global Mining Carbide Tools Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Mining Carbide Tools, Industry Ranking, 2023 VS 2024
2.4 Global Mining Carbide Tools Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Mining Carbide Tools Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Mining Carbide Tools, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Mining Carbide Tools, Product Offered and Application
2.8 Global Key Manufacturers of Mining Carbide Tools, Date of Enter into This Industry
2.9 Mining Carbide Tools Market Competitive Situation and Trends
2.9.1 Mining Carbide Tools Market Concentration Rate
2.9.2 Global 5 and 10 Largest Mining Carbide Tools Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Mining Carbide Tools Production by Region
3.1 Global Mining Carbide Tools Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Mining Carbide Tools Production Value by Region (2020-2031)
3.2.1 Global Mining Carbide Tools Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Mining Carbide Tools by Region (2026-2031)
3.3 Global Mining Carbide Tools Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Mining Carbide Tools Production Volume by Region (2020-2031)
3.4.1 Global Mining Carbide Tools Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Mining Carbide Tools by Region (2026-2031)
3.5 Global Mining Carbide Tools Market Price Analysis by Region (2020-2025)
3.6 Global Mining Carbide Tools Production and Value, Year-over-Year Growth
3.6.1 North America Mining Carbide Tools Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Mining Carbide Tools Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Mining Carbide Tools Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Mining Carbide Tools Production Value Estimates and Forecasts (2020-2031)
4 Mining Carbide Tools Consumption by Region
4.1 Global Mining Carbide Tools Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Mining Carbide Tools Consumption by Region (2020-2031)
4.2.1 Global Mining Carbide Tools Consumption by Region (2020-2025)
4.2.2 Global Mining Carbide Tools Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Mining Carbide Tools Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Mining Carbide Tools Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Mining Carbide Tools Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Mining Carbide Tools Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Mining Carbide Tools Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Mining Carbide Tools Consumption by Region (2020-2031)
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 Mining Carbide Tools Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Mining Carbide Tools Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Mining Carbide Tools Production by Type (2020-2031)
5.1.1 Global Mining Carbide Tools Production by Type (2020-2025)
5.1.2 Global Mining Carbide Tools Production by Type (2026-2031)
5.1.3 Global Mining Carbide Tools Production Market Share by Type (2020-2031)
5.2 Global Mining Carbide Tools Production Value by Type (2020-2031)
5.2.1 Global Mining Carbide Tools Production Value by Type (2020-2025)
5.2.2 Global Mining Carbide Tools Production Value by Type (2026-2031)
5.2.3 Global Mining Carbide Tools Production Value Market Share by Type (2020-2031)
5.3 Global Mining Carbide Tools Price by Type (2020-2031)
6 Segment by Application
6.1 Global Mining Carbide Tools Production by Application (2020-2031)
6.1.1 Global Mining Carbide Tools Production by Application (2020-2025)
6.1.2 Global Mining Carbide Tools Production by Application (2026-2031)
6.1.3 Global Mining Carbide Tools Production Market Share by Application (2020-2031)
6.2 Global Mining Carbide Tools Production Value by Application (2020-2031)
6.2.1 Global Mining Carbide Tools Production Value by Application (2020-2025)
6.2.2 Global Mining Carbide Tools Production Value by Application (2026-2031)
6.2.3 Global Mining Carbide Tools Production Value Market Share by Application (2020-2031)
6.3 Global Mining Carbide Tools Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Sandvik
7.1.1 Sandvik Mining Carbide Tools Company Information
7.1.2 Sandvik Mining Carbide Tools Product Portfolio
7.1.3 Sandvik Mining Carbide Tools Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Sandvik Main Business and Markets Served
7.1.5 Sandvik Recent Developments/Updates
7.2 Epiroc
7.2.1 Epiroc Mining Carbide Tools Company Information
7.2.2 Epiroc Mining Carbide Tools Product Portfolio
7.2.3 Epiroc Mining Carbide Tools Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Epiroc Main Business and Markets Served
7.2.5 Epiroc Recent Developments/Updates
7.3 Boart Longyear
7.3.1 Boart Longyear Mining Carbide Tools Company Information
7.3.2 Boart Longyear Mining Carbide Tools Product Portfolio
7.3.3 Boart Longyear Mining Carbide Tools Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Boart Longyear Main Business and Markets Served
7.3.5 Boart Longyear Recent Developments/Updates
7.4 Kennametal
7.4.1 Kennametal Mining Carbide Tools Company Information
7.4.2 Kennametal Mining Carbide Tools Product Portfolio
7.4.3 Kennametal Mining Carbide Tools Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Kennametal Main Business and Markets Served
7.4.5 Kennametal Recent Developments/Updates
7.5 Schlumberger
7.5.1 Schlumberger Mining Carbide Tools Company Information
7.5.2 Schlumberger Mining Carbide Tools Product Portfolio
7.5.3 Schlumberger Mining Carbide Tools Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Schlumberger Main Business and Markets Served
7.5.5 Schlumberger Recent Developments/Updates
7.6 Halliburton
7.6.1 Halliburton Mining Carbide Tools Company Information
7.6.2 Halliburton Mining Carbide Tools Product Portfolio
7.6.3 Halliburton Mining Carbide Tools Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Halliburton Main Business and Markets Served
7.6.5 Halliburton Recent Developments/Updates
7.7 Baker Hughes
7.7.1 Baker Hughes Mining Carbide Tools Company Information
7.7.2 Baker Hughes Mining Carbide Tools Product Portfolio
7.7.3 Baker Hughes Mining Carbide Tools Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Baker Hughes Main Business and Markets Served
7.7.5 Baker Hughes Recent Developments/Updates
7.8 Ceratizit
7.8.1 Ceratizit Mining Carbide Tools Company Information
7.8.2 Ceratizit Mining Carbide Tools Product Portfolio
7.8.3 Ceratizit Mining Carbide Tools Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Ceratizit Main Business and Markets Served
7.8.5 Ceratizit Recent Developments/Updates
7.9 China Tungsten and Hightech Materials
7.9.1 China Tungsten and Hightech Materials Mining Carbide Tools Company Information
7.9.2 China Tungsten and Hightech Materials Mining Carbide Tools Product Portfolio
7.9.3 China Tungsten and Hightech Materials Mining Carbide Tools Production, Value, Price and Gross Margin (2020-2025)
7.9.4 China Tungsten and Hightech Materials Main Business and Markets Served
7.9.5 China Tungsten and Hightech Materials Recent Developments/Updates
7.10 Shareate Tools
7.10.1 Shareate Tools Mining Carbide Tools Company Information
7.10.2 Shareate Tools Mining Carbide Tools Product Portfolio
7.10.3 Shareate Tools Mining Carbide Tools Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Shareate Tools Main Business and Markets Served
7.10.5 Shareate Tools Recent Developments/Updates
7.11 Lianhuashan ROCK Tools
7.11.1 Lianhuashan ROCK Tools Mining Carbide Tools Company Information
7.11.2 Lianhuashan ROCK Tools Mining Carbide Tools Product Portfolio
7.11.3 Lianhuashan ROCK Tools Mining Carbide Tools Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Lianhuashan ROCK Tools Main Business and Markets Served
7.11.5 Lianhuashan ROCK Tools Recent Developments/Updates
7.12 Sinopec Oilfield Equipment
7.12.1 Sinopec Oilfield Equipment Mining Carbide Tools Company Information
7.12.2 Sinopec Oilfield Equipment Mining Carbide Tools Product Portfolio
7.12.3 Sinopec Oilfield Equipment Mining Carbide Tools Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Sinopec Oilfield Equipment Main Business and Markets Served
7.12.5 Sinopec Oilfield Equipment Recent Developments/Updates
7.13 ACE Drilling Tools
7.13.1 ACE Drilling Tools Mining Carbide Tools Company Information
7.13.2 ACE Drilling Tools Mining Carbide Tools Product Portfolio
7.13.3 ACE Drilling Tools Mining Carbide Tools Production, Value, Price and Gross Margin (2020-2025)
7.13.4 ACE Drilling Tools Main Business and Markets Served
7.13.5 ACE Drilling Tools Recent Developments/Updates
7.14 Robit
7.14.1 Robit Mining Carbide Tools Company Information
7.14.2 Robit Mining Carbide Tools Product Portfolio
7.14.3 Robit Mining Carbide Tools Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Robit Main Business and Markets Served
7.14.5 Robit Recent Developments/Updates
7.15 Ryotec
7.15.1 Ryotec Mining Carbide Tools Company Information
7.15.2 Ryotec Mining Carbide Tools Product Portfolio
7.15.3 Ryotec Mining Carbide Tools Production, Value, Price and Gross Margin (2020-2025)
7.15.4 Ryotec Main Business and Markets Served
7.15.5 Ryotec Recent Developments/Updates
7.16 DaltronX
7.16.1 DaltronX Mining Carbide Tools Company Information
7.16.2 DaltronX Mining Carbide Tools Product Portfolio
7.16.3 DaltronX Mining Carbide Tools Production, Value, Price and Gross Margin (2020-2025)
7.16.4 DaltronX Main Business and Markets Served
7.16.5 DaltronX Recent Developments/Updates
7.17 KoneCarbide
7.17.1 KoneCarbide Mining Carbide Tools Company Information
7.17.2 KoneCarbide Mining Carbide Tools Product Portfolio
7.17.3 KoneCarbide Mining Carbide Tools Production, Value, Price and Gross Margin (2020-2025)
7.17.4 KoneCarbide Main Business and Markets Served
7.17.5 KoneCarbide Recent Developments/Updates
7.18 Milalion Tools
7.18.1 Milalion Tools Mining Carbide Tools Company Information
7.18.2 Milalion Tools Mining Carbide Tools Product Portfolio
7.18.3 Milalion Tools Mining Carbide Tools Production, Value, Price and Gross Margin (2020-2025)
7.18.4 Milalion Tools Main Business and Markets Served
7.18.5 Milalion Tools Recent Developments/Updates
7.19 Suzhou Danv Tools
7.19.1 Suzhou Danv Tools Mining Carbide Tools Company Information
7.19.2 Suzhou Danv Tools Mining Carbide Tools Product Portfolio
7.19.3 Suzhou Danv Tools Mining Carbide Tools Production, Value, Price and Gross Margin (2020-2025)
7.19.4 Suzhou Danv Tools Main Business and Markets Served
7.19.5 Suzhou Danv Tools Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Mining Carbide Tools Industry Chain Analysis
8.2 Mining Carbide Tools Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Mining Carbide Tools Production Mode & Process Analysis
8.4 Mining Carbide Tools Sales and Marketing
8.4.1 Mining Carbide Tools Sales Channels
8.4.2 Mining Carbide Tools Distributors
8.5 Mining Carbide Tools Customer Analysis
9 Mining Carbide Tools Market Dynamics
9.1 Mining Carbide Tools Industry Trends
9.2 Mining Carbide Tools Market Drivers
9.3 Mining Carbide Tools Market Challenges
9.4 Mining Carbide Tools 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
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
听
听
*If Applicable.