Dublin, March 01, 2023 (GLOBE NEWSWIRE) -- The "Hacksaw Blades Market By Consumer type, By Threads per inch, By Application: Global Opportunity Analysis and Industry Forecast, 2021-2031" report has been added to ResearchAndMarkets.com's offering.
The hacksaw blades market was valued at $1,043.9 million in 2021, and is expected to reach $1,667.1 million by 2031, registering a CAGR of 4.7% from 2021 to 2031.
Key Market Players
- Apex Tool Group, LLC
- Chronos
- DISSTON COMPANY
- GEDORE Werkzeugfabrik GmbH & Co. KG
- HABUR-SAWS GmbH
- Klein Tools, Inc.
- Snap-On Incorporated
- Stanley Black & Decker, Inc.
- Starrett
- Thomas Flinn & Co.
A hacksaw is an equipment used for cutting materials such as metal, wood, and plastic. The hacksaw consists of a blade with fine-tooth saw that is attached in a frame with under tension. The teeth on the hacksaw blades are the major cutting elements on the blades.
The hacksaw blades are available in 10 TPI, 14 TPI, 18TPI, 24 TPI, and 32 TPI range, which indicate the number of teeth per inch of the blades. The hacksaw blades are made of nitrated steel, cast iron, aluminum brass, and stainless steel. These hacksaws are manually operated as well as electrically operated. The hacksaw blades are used by professionals for cutting activities in wood and metal industries as well as DIY customers.
The growth of the hacksaw blades market is majorly driven by rapid industrialization and increase in infrastructural spending in emerging countries. This further led to increase in investment on tools and machines. This, in turn, led to increased requirement of hacksaw blades in the market.
For instance, in February 2022, the U. S. President Joe Biden has sanctioned around million $450 through (PIDP) Port Infrastructure Development Program to expand capacity of port and improve the logistics and goods movement of the port. These instances are expected to increase demand of hacksaw blade. In addition, construction of new residential and nonresidential infrastructure has led to rise in demand for wood and metals, which utilize hacksaw blades in manufacturing process.
However, laser cutting and water cutting methods are superior in technology as well as accuracy and they take less time for carrying out complex cutting operations and have a low maintenance cost. Thus, these factors act as the major restraints of the global hacksaw blades market.
However, countries such as China, India, and Brazil, are rapidly developing, which will further lead to surge in demand for machinery and equipment such as hacksaws and their blades in the manufacturing sector, which is anticipated to offer remunerative opportunities for the expansion of the hacksaw blades market during the forecast period.
Key Benefits
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the hacksaw blades market analysis from 2021 to 2031 to identify the prevailing hacksaw blades market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the hacksaw blades market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global hacksaw blades market trends, key players, market segments, application areas, and market growth strategies.
Report Metrics:
| Report Attribute | Details |
| No. of Pages | 240 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value (USD) in 2021 | $1043.9 million |
| Forecasted Market Value (USD) by 2031 | $1667.1 million |
| Compound Annual Growth Rate | 4.8% |
| Regions Covered | Global |
Key Topics Covered:
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter's five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
CHAPTER 4: HACKSAW BLADES MARKET, BY CONSUMER TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 DIY
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3 Professionals
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
CHAPTER 5: HACKSAW BLADES MARKET, BY THREADS PER INCH
5.1 Overview
5.1.1 Market size and forecast
5.2 14 TPI
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3 24 TPI
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
5.4 Others
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market share analysis by country
CHAPTER 6: HACKSAW BLADES MARKET, BY APPLICATION
6.1 Overview
6.1.1 Market size and forecast
6.2 Manual hacksaw
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3 Electric hacksaw
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
CHAPTER 7: HACKSAW BLADES MARKET, BY REGION
CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Players
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments
CHAPTER 9: COMPANY PROFILES
For more information about this report visit https://www.researchandmarkets.com/r/k45l8-blades?w=12
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
