Report : Middle East & Africa Band Saw Blades Market Forecast to 2028 - COVID-19 Impact and Regional 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)
At 1.6% CAGR, the Middle East & Africa Band Saw Blades Market is speculated to be worth US$ 114.67 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the Middle East & Africa band saw blades market was valued at US$ 104.46 million in 2022 and is expected to reach US$ 114.67 million by 2028, registering an annual growth rate of 1.6% from 2022 to 2028. The growing demands for high-speed bi-metal band saw blades and increase in woodworking and metalworking processes are the critical factors attributed to the market expansion.
Bi-metal band saw blades are made of two metals wherein steel is welded via an electron beam to a flexible backer. High-speed steel tooth tips combined with flexible alloy steel backing material offer cost-effective solutions for metal sawing applications. Growing demand for high-speed bi-metal band saw blades to ensure optimal blade performance bolsters the growth of the band saw blades market. Increasing applications of bi-metal band saw blades to cut carbon steel, tool steel, structural steel, stainless steel, pipe and tube, die steel, angles and flat stock, and mixed metal propel the demand for these blades among small to large manufacturers and fabricators. Band saw blade manufacturers, such as A.C.C. Advanced Cutting Company Srl, offer a wide range of bi-metal blades for any solid and profile cutting, both single and in packs. Bi-metal blades can be used on automatic, semi-automatic, and manual machines to cut iron, steel, stainless steel, and any other ferrous and nonferrous metal. Bi-metal blades offer many advantages, including reduced noise during production phases and high-quality cutting performance. A multifunction bimetal bandsaw blade can be used for multiple purposes and is universally applicable. High-speed bi-metal band saw blades are witnessing increased demands owing to their efficient and powerful vibration resistant tooth edge features. Technological advancements are augmenting the demand for bi-metal band saw blades for general purpose metal sawing of a wide range of materials and shapes. The Starrett multi-purpose band saw blades feature 'bi-metal unique' technology and exhibit superior resistance to tooth strippage, significantly reducing fracture and breakage.
On the contrary, high cost of maintenance of band saw blade hurdles the growth of Middle East & Africa band saw blades market.
Based on TPI, the band saw blades market can be segment into Less Than 3 TPI, 4 TPI to 6 TPI, and more than 7 TPI. The more than 7 TPI segment held 34.5% market share in 2022, amassing US$ 36.03 million. It is projected to garner US$ 38.35 million by 2028 to expand at 1.0% CAGR during 2022–2028.
Based on material, the Middle East & Africa band saw blades market is categorized into Bi-metal, carbon steel, and others. With 57.5% share of the domain, the Bi-metal segment dominated the market in 2022. It accrued US$ 60.03 million in 2022 and is estimated to generate US$ 64.51 million by 2028 to grow at a CAGR of 1.2% over the forecast period.
Based on application, the Middle East & Africa band saw blades market categorized into wood cutting and meat processing. The meat processing segment held 59.4% market share in 2022, amassing US$ 62.05 million. It is projected to garner US$ 63.17 million by 2028 to expand at 0.3% CAGR during 2022–2028.
Based on country, the Middle East & Africa band saw blades market is categorized into South Africa, Saudi Arabia, the UAE, and the rest of Middle East & Africa. Our regional analysis states that South Africa captured 34.0% market share in 2022. It was assessed at US$ 35.52 million in 2022 and is likely to hit US$ 38.91 million by 2028, exhibiting a CAGR of 1.5% during the forecast period.
Key players dominating the Middle East & Africa band saw blades market are BAHCO (SNA Europe), Friedrich Bickenbach GmbH & Co. KG, KYOCERA UNIMERCO, L. S. Starrett Company, LENOX, and NACHI FUJIKOSHI CORP among others.
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