Report : North America Bandsaw Blades for Wood Industry 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), Type (Stellite Tipped Sawblades, Carbide Tipped Sawblades, and Others), and Application (Sawmills, Pallet Manufacturing, Joinery Cutting, and Others)
According to our latest study on "North America Bandsaw Blades for Wood Industry Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by TPI, Type, and Application,” the market is projected to grow from US$ 114.44 million in 2022 to reach US$ 137.07 million by 2028; it is expected to grow at a CAGR of 3.1% from 2023 to 2028.
Rise in Demand for High-Speed Bi-Metal Band Saw Blades Fuels North America Bandsaw Blades for Wood Industry Market Growth
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 wood industry applications. The growing demand for high-speed bi-metal bandsaw blades to ensure optimal blade performance bolsters the growth of the bandsaw blades for wood industry market. There is an increase in the applications of bi-metal band saw blades to cut hardwood, frozen wood, and a bundle of wood. Bi-metal blades offer many advantages, including reduced noise during production phases and high-quality cutting performance. A multifunction bi-metal bandsaw blade can be used for multiple purposes. High-speed bi-metal band saw blades are witnessing increased demand owing to their efficient and powerful vibration-resistant tooth edge features. Furthermore, band saw blade manufacturers are engaged in providing high grade blades. For instance, Starrett’s range of Woodpecker PRO bi-metal saw blades is specifically designed to cut hardwood. It is made with M42 high-speed steel containing 8% Cobalt, which increases the durability of the blades. Thus, the presence of manufacturers providing bi-metal band saw blades propelled the bandsaw blades for wood industry market growth.
The COVID-19 pandemic dramatically impacted the global economy in 2020. The crisis hampered business activities in various industries. Factory shutdowns, trade bans, and border lockdowns were a few measures imposed by governments of North American countries to combat the spread of SARS-CoV-2, which hindered the operations of various companies across the region. North America has the highest acceptance and development rate of emerging technologies worldwide, owing to favorable government policies to boost innovation and reinforce infrastructure capabilities. Since 2021, there has been a significant rise in demand for bandsaw blades for wood industry; hence, the bandsaw blades for wood industry market has been improving rapidly. Factories are introducing new and improved products, with many plants nearly returning to production levels before the pandemic.
Such growth prospects in the post-pandemic scenario are propelling the demand for band saw blades in the region, which is further driving the bandsaw blades for wood industry market growth.
Key Findings of Study:
The bandsaw blades for wood industry market is segmented on the basis of TPI, type, application, and country. Based on TPI, the bandsaw blades for wood industry market is segmented into 4 TPI to 6 TPI, more than 7 TPI, and less than 3 TPI. Based on type, the bandsaw blades for wood industry market is categorized into carbide tipped sawblades, stellite tipped sawblades, and others. Based on application, the bandsaw blades for wood industry market is segmented into sawmills, pallet manufacturing, joinery cutting, and others. By country, the North America bandsaw blades for wood industry market is segmented into the US, Canada, and Mexico.
A blade with the right number of teeth per inch (TPI) is crucial for maximum cutting efficiency and lowest cost per cut. The tooth selection is based on the size and shape of the material to be cut. The number of TPI defines the pitch of the blade and can vary from 1 to 32 TPI. There can be different pitches on the same bandsaw blades there are referred to as Vari-Pitch. When the TPI is measured from gullet to gullet, it is known as pitch. Selection of the TPI greatly affects the blade life. Therefore, TPI selection is the most important decision when selecting a band saw blade. Growing demands of the right shape and size of the band saw blades for wood material workpiece that might not straddle the work and break teeth as well as reduce gullet overload and strip teeth is propelling the demand for the segment. Furthermore, increased cost of manufacturing and improvements in sawing technology is forcing manufacturers to design optimum TPI saw blades for maximum cutting efficiency and to keep manufacturing costs under control which is significantly driving the segment demand, contributing to the bandsaw blades for wood industry market growth.
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