Asia Pacific Bi-Metal Band Saw Blades Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Carbide Tipped and High Speed Steel), Application (Steel, Aluminum, Cast Iron, Non-Ferrous Material, and Others), and End Use Industry (Automotive, Aerospace and Defense, Machine Manufacturing, and Others)
The APAC bi-metal band saw blades market is expected to grow from US$ 2,320.38 million in 2021 to US$ 3,670.74 million by 2028; it is estimated to grow at a CAGR of 6.8% from 2021 to 2028.
China, Japan, India, South Korea, and Australia are major economies in APAC. Manufacturers of band saw blades are focusing on developing new products that deliver high-quality cuts in different metal cutting applications. The product innovation strategy is primarily focused on improving the performance and durability of blades for high-precision metal cutting. Intense competition in the metal cutting market has been one of the key factors compelling the manufacturers to adopt product innovation strategy. One of the significant manufacturers of band saw and hand file products 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. 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 across APAC region.
In case of COVID-19, APAC is highly affected specially India. Automotive and construction industries in the country have been affected the most. The manufacturing sector in India has come to a near standstill. Movement restrictions and social distancing norms, owing to the rapid rise in COVID-19 cases, have led to a huge decline in manufacturing, which is anticipated to negatively impact the bi metal band saw blade market growth. The COVID-19 pandemic has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The shutdown of various manufacturing plants in has affected the global supply chain and negatively impacted the manufacturing capabilities, delivery schedules, and sales of various goods. The pandemic has directly affected the production and demand, which has led to supply chain and market disruption and has subsequently impacted the financial status of the firms and the global economy. Chemicals & materials is one of the major industries suffering serious disruptions such as supply chain breaks and shutdowns of production plants. However, vaccination drive across the APAC is anticipated to revive the economy and propel the APAC bi metal band saw blade market growth.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC bi-metal band saw blades market. The APAC bi-metal band saw blades market is expected to grow at a good CAGR during the forecast period.
APAC Bi-Metal Band Saw Blades Market Revenue and Forecast to 2028 (US$ Million) 
APAC Bi-Metal Band Saw Blades Market Segmentation
APAC Bi-Metal Band Saw Blades Market – By Product Type
- Carbide Tipped
- High Speed Steel
APAC Bi-Metal Band Saw Blades Market – By Application
- Steel
- Aluminum
- Cast Iron
- Non-Ferrous Material
- Others
APAC Bi-Metal Band Saw Blades Market – By End Use Industry
- Automotive
- Aerospace and Defense
- Machine Manufacturing
- Others
APAC Bi-Metal Band Saw Blades Market, by Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
APAC Bi-Metal Band Saw Blades Market - Companies Mentioned
- AMADA MACHINERY CO., LTD.
- BENXI TOOLS GROUP
- BICHAMP CUTTING TECHNOLOGY CO(HUNAN).,LTD
- EBERLE
- Gebr. Lennartz GmbH & Co. KG
- HAKANSSON SAWS INDIA PVT. LTD.
- ROBERT RÖNTGEN GMBH & CO. KG
- SNA Europe (BAHCO)
- Starrett
- WIKUS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. APAC Bi-Metal Band Saw Blades Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of Substitutes
4.2.4 Threat of New Entrants
4.2.5 Intensity of Competitive Rivalry
4.3 Expert Opinion
4.4 Ecosystem Analysis
5. APAC Bi-Metal Band Saw Blades Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Cost-Effectiveness of Tools that Enable High-Performance In-House Metal Sawing
5.1.2 Surging Demand from Various End-User Industries
5.2 Market Restraint
5.2.1 Expensive Maintenance
5.3 Market Opportunities
5.3.1 Burgeoning Development of Innovative Products
5.4 Trends
5.4.1 Growing Customization of Band Saw Blade Products
5.5 Impact Analysis of Drivers and Restraint
6. Bi-Metal Band Saw Blades Market – APAC Analysis
6.1 APAC Bi-Metal Band Saw Blades Market Overview
6.2 APAC Bi-Metal Band Saw Blades Market –Revenue and Forecast to 2028 (US$ Million)
7. APAC Bi-Metal Band Saw Blades Market - By Product Type
7.1 Overview
7.2 APAC Bi-Metal Band Saw Blades Market, By Product Type (2020 and 2028)
7.3 Carbide Tipped
7.3.1 Overview
7.3.2 Carbide Tipped: Bi-Metal Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
7.4 High Speed Steel
7.4.1 Overview
7.4.2 High Speed Steel: Bi-Metal Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
8. APAC Bi-Metal Band Saw Blades Market - By Application
8.1 Overview
8.2 APAC Bi-Metal Band Saw Blades Market, By Application (2020 and 2028)
8.3 Steel
8.3.1 Overview
8.3.2 Steel: Bi-Metal Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
8.4 Aluminum
8.4.1 Overview
8.4.2 Aluminum: Bi-Metal Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
8.5 Cast Iron
8.5.1 Overview
8.5.2 Cast Iron: Bi-Metal Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
8.6 Non-Ferrous Materials
8.6.1 Overview
8.6.2 Non-Ferrous Materials: Bi-Metal Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Mn)
8.7 Others
8.7.1 Overview
8.7.2 Others: Bi-Metal Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Mn)
9. APAC Bi-Metal Band Saw Blades Market – By End Use Industry
9.1 Overview
9.2 APAC Bi-Metal Band Saw Blades Market, By End Use Industry (2020 and 2028)
9.3 Automotive
9.3.1 Overview
9.3.2 Automotive: Bi-Metal Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Mn)
9.4 Aerospace and Defense
9.4.1 Overview
9.4.2 Aerospace and Defense: Bi-Metal Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Mn)
9.5 Machine Manufacturing
9.5.1 Overview
9.5.2 Machine Manufacturing: Bi-Metal Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Mn)
9.6 Others
9.6.1 Overview
9.6.2 Others: Bi-Metal Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Mn)
10. APAC Bi-Metal Band Saw Blades Market – Country Analysis
10.1 Overview
10.1.1 APAC: Bi-Metal Band Saw Blade Market, by Key Country
10.1.1.1 India: Bi-Metal Band Saw Blade Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 India: Bi-Metal Band Saw Blade Market, by Product Type
10.1.1.1.2 India: Bi-Metal Band Saw Blade Market, by Application
10.1.1.1.3 India: Bi-Metal Band Saw Blade Market, by End-Use Industry
10.1.1.2 Australia: Bi-Metal Band Saw Blade Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Australia: Bi-Metal Band Saw Blade Market, by Product Type
10.1.1.2.2 Australia: Bi-Metal Band Saw Blade Market, by Application
10.1.1.2.3 Australia: Bi-Metal Band Saw Blade Market, by End-Use Industry
10.1.1.3 China: Bi-Metal Band Saw Blade Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 China: Bi-Metal Band Saw Blade Market, by Product Type
10.1.1.3.2 China: Bi-Metal Band Saw Blade Market, by Application
10.1.1.3.3 China: Bi-Metal Band Saw Blade Market, by End-Use Industry
10.1.1.4 Japan: Bi-Metal Band Saw Blade Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Japan: Bi-Metal Band Saw Blade Market, by Product Type
10.1.1.4.2 Japan: Bi-Metal Band Saw Blade Market, by Application
10.1.1.4.3 Japan: Bi-Metal Band Saw Blade Market, by End-Use Industry
10.1.1.5 South Korea: Bi-Metal Band Saw Blade Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 South Korea: Bi-Metal Band Saw Blade Market, by Product Type
10.1.1.5.2 South Korea: Bi-Metal Band Saw Blade Market, by Application
10.1.1.5.3 South Korea: Bi-Metal Band Saw Blade Market, by End-Use Industry
10.1.1.6 Rest of APAC: Bi-Metal Band Saw Blade Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of APAC: Bi-Metal Band Saw Blade Market, by Product Type
10.1.1.6.2 Rest of APAC: Bi-Metal Band Saw Blade Market, by Application
10.1.1.6.3 Rest of APAC: Bi-Metal Band Saw Blade Market, by End-Use Industry
11. Impact of COVID-19 on APAC Bi Metal Band Saw Blades Market
11.1 APAC: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
13. Company Profiles
13.1 BICHAMP CUTTING TECHNOLOGY CO(HUNAN).,LTD
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 EBERLE
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 HAKANSSON SAWS INDIA PVT. LTD.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 WIKUS
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 BENXI TOOLS GROUP
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Starrett
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 SNA Europe (BAHCO)
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 AMADA MACHINERY CO., LTD.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 ROBERT RÖNTGEN GMBH & CO. KG
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Gebr. Lennartz GmbH & Co. KG
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary
LIST OF TABLES
Table 1. APAC Bi-Metal Band Saw Blades Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. India Bi-Metal Band Saw Blade Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. India Bi-Metal Band Saw Blade Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. India Laminate Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 5. Australia: Bi-Metal Band Saw Blade Market, by Product Type– Revenue and Forecast to 2028 (US$ Million)
Table 6. Australia: Bi-Metal Band Saw Blade Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 7. Australia: Laminate Market, by End-Use Industry– Revenue and Forecast to 2028 (US$ Million)
Table 8. China: Bi-Metal Band Saw Blade Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. China: Bi-Metal Band Saw Blade Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. China: Laminate Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 11. Japan: Bi-Metal Band Saw Blade Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Japan: Bi-Metal Band Saw Blade Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 13. Japan: Laminate Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 14. South Korea: Bi-Metal Band Saw Blade Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. South Korea: Bi-Metal Band Saw Blade Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 16. South Korea: Laminate Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of APAC: Bi-Metal Band Saw Blade Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of APAC: Bi-Metal Band Saw Blade Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of APAC: Laminate Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 20. Glossary of Terms
LIST OF FIGURES
Figure 1. APAC Bi-Metal Band Saw Blades Market Segmentation
Figure 2. APAC Bi-Metal Band Saw Blades Market Segmentation – By Country
Figure 3. APAC Bi-Metal Band Saw Blades Market Overview
Figure 4. Machine Manufacturing Segment Held the Largest Share of the Market in 2020
Figure 5. China Held the Largest Share of the Market in 2020
Figure 6. Porter ‘s Five Forces Analysis
Figure 7. Expert Opinion
Figure 8. APAC Bi-Metal Band Saw Blades Market – Ecosystem Analysis
Figure 9. APAC Bi-Metal Band Saw Blades Market Impact Analysis of Drivers and Restraints
Figure 10. APAC: Bi-Metal Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. APAC Bi-Metal Band Saw Blades Market Revenue Share, By Product Type (2020 and 2028)
Figure 12. APAC Carbide Tipped: Bi-Metal Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
Figure 13. APAC High Speed Steel: Bi-Metal Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
Figure 14. APAC Bi-Metal Band Saw Blades Market Revenue Share, By Application (2020 and 2028)
Figure 15. APAC Steel: Bi-Metal Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
Figure 16. APAC Aluminum: Bi-Metal Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
Figure 17. APAC Cast Iron: Bi-Metal Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
Figure 18. APAC Non-Ferrous Materials: Bi-Metal Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 19. APAC Others: Bi-Metal Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 20. APAC Bi-Metal Band Saw Blades Market Revenue Share, By End Use Industry (2020 and 2028)
Figure 21. APAC Automotive: Bi-Metal Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 22. APAC Aerospace and Defense: Bi-Metal Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 23. APAC Machine Manufacturing: Bi-Metal Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 24. APAC Others: Bi-Metal Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 25. APAC: Bi-Metal Band Saw Blade Market Revenue Overview, by Country (2020) (US$ Mn)
Figure 26. APAC: Bi-Metal Band Saw Blade Market Revenue Share, by Key Country (2020 and 2028)
Figure 27. India: Bi-Metal Band Saw Blade Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Australia: Bi-Metal Band Saw Blade Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. China: Bi-Metal Band Saw Blade Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Japan: Bi-Metal Band Saw Blade Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. South Korea: Bi-Metal Band Saw Blade Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Rest of APAC: Bi-Metal Band Saw Blade Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Impact of COVID-19 Pandemic in APAC
- AMADA MACHINERY CO., LTD.
- BENXI TOOLS GROUP
- BICHAMP CUTTING TECHNOLOGY CO(HUNAN).,LTD
- EBERLE
- Gebr. Lennartz GmbH & Co. KG
- HAKANSSON SAWS INDIA PVT. LTD.
- ROBERT RÖNTGEN GMBH & CO. KG
- SNA Europe (BAHCO)
- Starrett
- WIKUS
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the APAC bi-metal band saw blades market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the APAC bi-metal band saw blades market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the bi-metal band saw blades market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution