Twist Drill Market (Updated Version Available)

The report offers detailed coverage of Twist Drill industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Twist Drill by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Twist Drill (also commonly referred to as twist bit) is a rotating cutting tool, used for cutting holes in rigid materials, that consists of an essentially conical point, relieved and fluted to form cutting lips, and spiral flutes which direct the chips away from the lips and toward ejection from the hole. Twist drills are the most common and easiest way to put a hole in steel, wood or other non-ferrous materials.
The global market of twist drill has mainly been driven by its downstream enterprises. Economic investment has large impact on research and national policies are also the main growth catalysts for the market. The global twist drill market is mainly occupied by the existing enterprises. OSG, Tiangong International, TDC Cutting Tool, Shanggong, Harbin No.1 Tool, Feida Chengdu Chenliang, Harbin Measuring & Cutting Tool and Fangda Holding are the global leading manufacturers with 28.18% of the production volume market in 2015.
The global consumption regions of twist drill market mainly concentrate in China, Europe, the USA and Japan. China is the largest consumption region by consumption volume.
Although the market competition of twist drill is fierce, there are many enterprises can obtain considerable profit form the manufacturing and marketing of twist drill and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.

The report forecast global Twist Drill market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Twist Drill market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Sandvik Coromant
OSG
Kennamtel
SECO
Stanley Black & Decker
Mitsubishi
Guhring Group
Nachi
ISCAR
Sumitomo
Walter AG
Bosch
Mapal
Korloy
Triumph
Tiangong International
Kyocera
Irwin Tool
TDC Cutting Tool
Shanggong
Harbin No.1 Tool
Feida
Ceratizit
Greenfield Industries
Chengdu Chenliang
Harbin Measuring & Cutting Tool
Komet
Regal Cutting Tools
Alpen-Maykestag
Fangda Holding


At the same time, we classify Twist Drill according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Straight Shank Twist Drill
Taper Shank Twist Drill
Double-End Twist Drill
Other
Market by Application
Metal
Wood
Concrete
Plastic
Other

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Twist Drill market for the forecast period 2021 - 2025?
• What are the driving forces in the Twist Drill market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Twist Drill industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?