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Band Saw Blades Market Growth Sturdy at 2.5% CAGR to Outstrip $ 1,347.80 Million by 2028 | The Insight Partners

According to The Insight Partners research reports on Band Saw Blades can help you gain crucial insights regarding the key drivers and opportunities.

NEW YORK, UNITED STATES, February 1, 2023 /EINPresswire.com/ -- According to our latest market study on “Band Saw Blades Market Forecast to 2028 - COVID-19 Impact and Global Analysis By TPI (Less Than 3 TPI, 4 TPI to 6 TPI, and More than 7 TPI), Material (Bi-Metal, Carbon Steel, and Others), and Application (Wood Cutting and Meat Processing),” the market is expected to grow from US$ 1,162.48 million in 2022 to US$ 1,347.80 million by 2028; it is estimated to grow at a CAGR of 2.5% from 2022 to 2028.

Band Saw Blades Market: Competitive Landscape and Key Developments

BAHCO (SNA Europe); Dongbei Special Steel Group Co.,Ltd; Friedrich Bickenbach GmbH & Co. KG; Gi - Esse Salvador S.r.l.; HABUR -SAWS GmbH; KYOCERA UNIMERCO; LENOX; NACHI FUJIKOSHI CORP; The Bandsaw Shop; and L. S. Starrett Company are among the key players profiled in the band saw blades market report. In addition, several other essential market players were studied and analyzed to get a holistic view of the market and its ecosystem. The band saw blades market report provides detailed market insights, which would help the key players strategize the growth in the coming years.

In August 2020, LENOX, a leader in carbide cutting performance, introduced GEN-TECH, a new set-style carbide tipped band saw blade for general purpose cutting. GEN-TECH provides versatility, a long blade life, and a cheap cost per cut with creative design and cutting technology.

In April 2020, LENOX announced that The Armor VPTM band saw blade is the latest addition to LENOXline's industrial equipment. For customers seeking excellent cutting rates and prolonged blade life across a variety of materials, the Armor VPTM is the best option.

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Companies Profiled in this report includes: Emerson Electric Co.; Cantec; Dahching Electric Industrial; Franzan; Millerwelds; Koike Aronson Inc; Leister Technologies; Cruxweld; Schnelldorfer Maschinenbau; and Spiro International

Band Saw Blades Market: Application Overview

The demand for vertical band saw tools for cutting wood and other nonferrous metal alloys applications is increasing at a rapid pace, which is anticipated to create impressive growth prospects for the band saw blades market size in the coming years. A wide availability of wood cutting blades in a variety of widths and tooth counts suitable for tight curves and straight cuts have increased the demand for high TPI, teeth per inch blade. Economic growth of many Asia pacific nations, including China and India, is projected to boost the band saw blades market share for the wood cutting segment in the coming years. China consists of a large number of manufacturers and has the integration of cutting-edge technologies, which would increase the band saw blades market share. Expansion of the wood processing industry in China is also bolstering the demand for the metal cutting horizontal band saws for wood cutting activities. Japan is rising as one of the prominent wood pellets producers with increasing demands for the portable bandsaw from the biomass industry. Furthermore, benefits such as physical vapor deposition (PVD) coatings to improve tool durability, performance, and cut piece quality and developments of other coating materials such as Titanium, zirconium, and chrome are also increasing the band saw blades market size for wood cutting.

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The band saw blades market is driven primarily by the wood-working and construction industries, Especially in the region of Asia-pacific, population growth has led to rise in urbanization. This has directly impacted the market for band saw blades positively. It is a major factor driving the construction industry in the region. In addition, governments in various economies are taking various steps to attract private investments in construction and infrastructure development. For example, the Malaysian Government's Economic Transformation Program 2011–2020 (ETP) attracts huge foreign direct investments in national infrastructure and construction activities. In addition, government initiatives, rapid technological developments, and economic digitization are other factors bolstering the overall economic growth of the region. In addition, the manufacturing industry uses band saw blades in various applications. Therefore, increasing demand for high-band saw blades in the industry is contributing to the band saw blades market growth in APAC.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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