Bi metal band saw blade is extensively used in steel applications and several end-use industries such as automotive and machinery production. The bi metal band saw blade market has been negatively impacted due to the insufficient supply of raw materials such as high-speed steel tooth tips and alloy steel and disruptions in bi metal band saw blade production processes. Impact of COVID-19 on Bi-Metal Band Saw Blades Market: The growth of these industries eventually accelerates the production of heavy machinery, subsequently creating a demand for bi-metal band saw blades to cut metals and alloys. Rapid industrialization and urbanization, especially in developing economies, are fueling the proliferation of the construction and manufacturing industries. The machine manufacturing segment includes manufacturers of machines that are used in the construction, food & beverages, and automation and controls industries.
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Thus, increasing development of new products with improved performance is expected to provide significant product and clientele expansion opportunities to the market players in the coming years.ĭownload Sample PDF Brochure of Bi-Metal Band Saw Blades Market Size and Growth Research Report at īi-Metal Band Saw Blades Market: Segmental Overview Simonds Saw, LLC, one of the significant manufacturers of band saw and hand file products, based in the US, introduced a new range of bi-metal band saw blades that are designed with the specialized depth to meet all metal cutting applications including general purpose cutting, production cutting, structural steel cutting, and tough exotic alloy cutting. Intense competition in the metal cutting market has been one of the key factors compelling the manufacturers to adopt product innovation strategy. The product innovation strategy is primarily focused on improving the performance and durability of blades for high-precision metal cutting. Manufacturers of band saw blades are focusing on developing new products that deliver high-quality cuts in different metal cutting applications. Market opportunities for innovative products:
Moreover, increasing utilization of technologically advanced metal cutting equipment across machining workshops is also expected to potentially drive the market growth over the forecast period. Rising demand for bi-metal band saws for manufacturing industrial equipment, automotive components, aircraft and defense equipment owing to the ability of bi-metal band saw blades to cut harder metals by optimizing cost and quality of cuts is primarily driving the market growth. They are made up of high speed steel and carbide and are cost-effective alternatives to expensive precision and metal cutting equipment. These blades are suitable for semi-automatic and fully-automatic band saws. The product consists of four width specifications of 34mm, 41mm, 54mm, and 80mm.īi-metal band saw blades are used for cutting metals such as steel, aluminum, cast iron, and non-ferrous materials across various industries such as machine manufacturing, automotive, aerospace, and defense, metal fabrication, among others. In 2020, Bichamp Cutting Technology (Hunan) Co., Ltd has designed and introduced a sawing blade for aluminum with the cooperation of the Aluminum Association of China. Ltd., Lenox, Starrett, Wikus-sagenfabrik, Benxi Tools Group, Bahco, and Amada Machine Tools Co., Ltd. Some of the players operating in the market are Bichamp Cutting Technology Co(hunan)., Ltd., Dalian Special Steel Products Co.,Ltd., Eberle, Hakansson Saws India Pvt. Get Exclusive Sample Pages of Bi-Metal Band Saw Blades Market Size - COVID-19 Impact and Global Analysis with Strategic Insights at īi-Metal Band Saw Blades Market: Competitive Landscape and Key Developments
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