band saw blades Market

The band saw blades 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.

The band saw blades market in North America is anticipated to observe significant growth in the upcoming years. This can be attributed to the increasing disposable income of the population, which provides favorable opportunities for the production of fixtures and propels the demand for band saw blades. Additionally, the growth of the infrastructure industry, which includes all supporting industries such as saw blade enterprises, is fueled by increased funding, further boosting the demand for band saw blades. Moreover, the construction sector is experiencing growth due to rapid urbanization, and saws are one of the primary tools used in the production sector. On the other hand, the European market for band saw blades is expected to experience stable growth during the forecast period due to an increase in remodeling and refurbishment activities across the region. The renovation of old and high-rise buildings is expected to increase the use of band saw blades. Furthermore, demand for band saws is expected to increase slightly in Europe, even though GDP has risen marginally. However, sluggish furniture demand in Eastern Europe and CIS countries may impede the growth of the band saw blades market in the region.

The band saw blade industry is experiencing significant technological advancements, leading to the launch of a new range of bi-metal band saw blades that are raising the global standard for wood-cutting performance. To develop high-performance blades for various cutting applications, band saw blades market players are investing heavily in research and development and collaborating with experts for multiple rounds of testing, prototyping, and optimization. The extensive field testing has resulted in a surge in demand for high-performance band saw blades. Manufacturers of band saw blades have been taking significant steps towards designing large cutting tools like band saw blades, with improvements in coating application methods leading to industry acceptance of coated blades in high-production woodworking and meat processing shops. The availability of a wide variety of blades with advanced and application-specific coatings, such as titanium nitride (TiN) and aluminum titanium nitride (AlTiN), has led to increased productivity and longer blade life. The band saw blade manufacturers are currently researching and developing nano-composite third-generation PVD coatings and band saw blades with larger tooth cross-section and tooth geometry for enhanced performance.

The functioning of a band saw involves the saw blade making contact with the workpiece and passing its cutting teeth through it, while being supported and driven by the drive and idler wheels. Modern band saws come equipped with features such as a dust collector and a rack-and-pinion saw blade holder adjustment system. The global market for band saw blades is experiencing moderate growth, which can be attributed to the progress in the construction and housing sector due to economic development.

The band saws market, which is a subset of the woodworking machinery industry, is relatively smaller than other equipment industries, such as construction and mining equipment. Nonetheless, band saws are essential tools for numerous small businesses and DIY enthusiasts. The demand for band saws is closely tied to the growth of the construction and manufacturing sectors. Variations in global trade of woodworking machinery, including band saws, can be influenced by factors such as declining raw material prices and slower economic growth in key markets. Moreover, the prices of softwood and hardwood also have a significant impact on the band saw blades market. There is an increasing trend toward computer-controlled band saws to support Industry 4.0 and digital manufacturing initiatives.

Based on TPI, the band saw blades market is segmented into less than 3 TPI, 4 TPI to 6 TPI, and more than 7 TPI. Choosing a band saw blade with the appropriate number of teeth per inch (TPI) is essential for achieving optimal cutting efficiency and minimizing the cost per cut. The selection of teeth is determined by the size and shape of the material being cut. The pitch of the blade is determined by the number of TPI, which can range from 1 to 32. Vari-Pitch blades can have different pitches on the same band saw blade. The pitch is measured from gullet to gullet. Selecting the appropriate TPI is critical to the life of the blade. Therefore, selecting the correct TPI is the most important decision when choosing a band saw blade.

The band saw blades market size has been determined through a combination of primary and secondary research. The secondary research involved using both internal and external sources to collect qualitative and quantitative information related to the band saw blades market. This process helped provide an overview and forecast of the market across all segments. Primary interviews were also conducted with industry participants, including VPs, business development managers, market intelligence managers, national sales managers, as well as external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the band saw blades market. Major players in the market include 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. These companies are utilizing various strategies such as product development, mergers, and acquisitions to improve their product offerings and remain competitive in the market.