Global Hacksaw Blades Market to reach USD XX billion by 2027.Global Hacksaw Blades Market is valued at approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2021-2027. A hacksaw is a fine-toothed saw with a blade held in tension in a frame that is used to cut metal, wood, and plastic. Nitrated steel, cast iron, aluminium brass, and stainless steel are used to make hacksaw blades. The fundamental cutting feature on hacksaw blades are the teeth. 10 TPI, 14 TPI, 18 TPI, 24 TPI, and 32 TPI hacksaw blades are available. Professionals and DIY customers alike utilize these blades for cutting activities in the wood and metal industries. Both manually and electrically operated hacksaws are available. The expanding use of hacksaw blades in the sawmill manufacturing process, where they are used for cutting and shaping wood, as well as the growing demand for furniture, are likely to drive the worldwide hacksaw blades market share throughout the forecast period. Another development trend projected to increase demand for hacksaw blades in the global market is the rising preference for wood products and wood. There has also been an increase in the manufacturing of sawn wood, which is another aspect that will help the market grow. Because hacksaw blades have a fast cutting capability, they are projected to be in increasing demand from the residential sector in the near future, which will drive up demand for hacksaw blades. Due to recent technical breakthroughs, the global market for hacksaw blades has been gaining traction, allowing top providers to introduce more efficient products in response to changing end-user needs. Local vendors have been able to keep up with the rapidly increasing demand in both the automotive and construction industries. These blades are essential for cutting flat plates, rods, channel, and angle, among other things. The advent of environmentally friendly instruments at competitive pricing has boosted the market's expansion. However, laser cutting technology and water cutting technology are technologically advanced and consume lower time & power compared to tradition hacksaws which may impede market growth over the forecast period of 2021-2027.
The regional analysis of the Global Hacksaw Blades Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World (ROW). Europe is the leading region across the world in terms of market share due to increasing usage of hacksaw blades projects in the region. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027 due increasing construction and automobile industries across the region.
Major market player included in this report are:
Apex Tool Group LLC
Chronos
Disston Company
Gedore
HABUR-SAWS GmbH
Klein Tools, Inc.
Snap-on Incorporated
Stanley Black & Decker, Inc.
Starrett
Thomas Flinn & Co.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Consumer Type:
DIY
Professionals
By Threads per Inch :
14 TPI
24 TPI
Others
By Application:
Manual Hacksaw
Electric Hacksaw
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018,2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Global Hacksaw Blades Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors