South America 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)
Market Introduction
SAM includes Brazil, Argentina, and the Rest of SAM. The region is among the fast-developing Bi-Metal band saw blade markets; however, it is less mature and slower than other regions. The Bi-Metal band saw blade market in SAM is primarily driven by the increasing use of the Bi-Metal band saw blade by the end-use industries such as automotive, aerospace & defense, and machine manufacturing. Bi-Metal band saw blade has extensive use in machine manufacturing. The off-highway equipment industry covers heavy-duty machines produced for use in numerous construction operations such as hauling, excavating, drilling, paving, and grading. The construction sector's recovery, a surge in public-private partnerships, and rapid urbanization are bolstering the demand for off-highway machines, thereby propelling the Bi-Metal band saw blade market growth in the region. Further, Starrett produces carbide tip band saw blades in different variants, ideal for cutting tough, abrasive materials. Moreover, the region's key players can increase their market share by focusing on product development and innovations. It is considered that with the increasing presence of global and local market players, coupled with growing research and development activities, the Bi-Metal band saw blade market will find immense opportunities in the coming years. The rise in investment in research & development activities and technological innovation related to the Bi-Metal band saw blades is also expected to bolster the market's growth.
In SAM, Brazil is the worst-affected country by the COVID-19 pandemic, followed by Ecuador, Chile, Peru, and Argentina. Governments of these countries have taken an array of actions to protect their citizens and contain the spread of COVID-19. The bi metal band saw blade market has been negatively affected by the lack of raw materials such as high-speed steel tooth tips and alloy steel, as well as disruptions in the blade manufacturing processes. Bi metal band saw blades are widely used in end-user industries such as automotive and machinery manufacturing. The COVID-19 pandemic severely affected the motor vehicles, metals, chemical products, textiles, and machinery and equipment manufacturing industries, among others, in 2020. The COVID-19 pandemic has had a significant impact on the automotive and chemicals & materials industries across SAM. Containment measures in several SAM countries have reduced economic activity in the chemicals & materials industry; however, the industry is likely to grow once the region manages to revive from the pandemic.
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Market Overview and Dynamics
The SAM bi-metal band saw blades market is expected to grow from US$ 279.03 million in 2021 to US$ 348.78 million by 2028; it is estimated to grow at a CAGR of 3.2% from 2021 to 2028. 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 SAM region.
Key Market Segments
In terms of product type, the high speed steel segment accounted for the largest share of the SAM bi-metal band saw blades market in 2020. In terms of application, the steel segment held a larger market share of the SAM bi-metal band saw blades market in 2020. Further, the machine manufacturing segment held a larger share of the SAM bi-metal band saw blades market based on end use industry in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the SAM bi-metal band saw blades market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are AMADA MACHINERY CO., LTD.; BICHAMP CUTTING TECHNOLOGY CO(HUNAN).,LTD; EBERLE; Gebr. Lennartz GmbH & Co. KG; ROBERT RÖNTGEN GMBH & CO. KG; SNA Europe (BAHCO); and Starrett among others.
Reasons to buy report
- To understand the SAM bi-metal band saw blades market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for SAM bi-metal band saw blades market
- Efficiently plan M&A and partnership deals in SAM bi-metal band saw blades market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form SAM bi-metal band saw blades market
- Obtain market revenue forecast for market by various segments from 2021-2028 in SAM region.
SAM Bi-Metal Band Saw Blades Market Segmentation
SAM Bi-Metal Band Saw Blades Market - By Product Type
- Carbide Tipped
- High Speed Steel
SAM Bi-Metal Band Saw Blades Market - By Application
- Steel
- Aluminum
- Cast Iron
- Non-Ferrous Material
- Others
SAM Bi-Metal Band Saw Blades Market - By End Use Industry
- Automotive
- Aerospace and Defense
- Machine Manufacturing
- Others
SAM Bi-Metal Band Saw Blades Market - By Country
- Brazil
- Argentina
- Rest of SAM
SAM Bi-Metal Band Saw Blades Market - Company Profiles
- AMADA MACHINERY CO., LTD.
- BICHAMP CUTTING TECHNOLOGY CO(HUNAN).,LTD
- EBERLE
- Gebr. Lennartz GmbH & Co. KG
- ROBERT RÖNTGEN GMBH & CO. KG
- SNA Europe (BAHCO)
- Starrett
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. SAM 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. SAM 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 Rising Demand from Various End-User Industries
5.2 Market Restraint
5.2.1 High Cost of Maintenance Required for Bi Metal Band Saw Blades
5.3 Market Opportunities
5.3.1 Development of Innovative Products
5.4 Trends
5.4.1 Customization of Band Saw Blade Products
5.5 Impact Analysis of Drivers and Restraint
6. Bi-Metal Band Saw Blades Market– SAM Analysis
6.1 SAM Bi-Metal Band Saw Blades Market Overview
6.2 SAM Bi-Metal Band Saw Blades Market –Revenue and Forecast to 2028 (US$ Million)
7. SAM Bi-Metal Band Saw Blades Market - By Product Type
7.1 Overview
7.2 SAM 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. SAM Bi-Metal Band Saw Blades Market - By Application
8.1 Overview
8.2 SAM 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. SAM Bi-Metal Band Saw Blades Market – By End Use Industry
9.1 Overview
9.2 SAM 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. SAM Bi-Metal Band Saw Blades Market – Country Analysis
10.1 Overview
10.1.1 SAM: Bi-Metal Band Saw Blade Market, by Key Country
10.1.1.1 Brazil: Bi-Metal Band Saw Blade Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Brazil: Bi-Metal Band Saw Blade Market, by Product Type
10.1.1.1.2 Brazil: Bi-Metal Band Saw Blade Market, by Application
10.1.1.1.3 Brazil: Bi-Metal Band Saw Blade Market, by End-Use Industry
10.1.1.2 Argentina: Bi-Metal Band Saw Blade Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Argentina: Bi-Metal Band Saw Blade Market, by Product Type
10.1.1.2.2 Argentina: Bi-Metal Band Saw Blade Market, by Application
10.1.1.2.3 Argentina: Bi-Metal Band Saw Blade Market, by End-Use Industry
10.1.1.3 Rest of SAM: Bi-Metal Band Saw Blade Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Rest of SAM: Bi-Metal Band Saw Blade Market, by Product Type
10.1.1.3.2 Rest of SAM: Bi-Metal Band Saw Blade Market, by Application
10.1.1.3.3 Rest of SAM: Bi-Metal Band Saw Blade Market, by End-Use Industry
11. Impact of COVID-19 on SAM Bi Metal Band Saw Blades Market
11.1 SAM: 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 Starrett
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 SNA Europe (BAHCO)
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 AMADA MACHINERY CO., LTD.
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 ROBERT RÖNTGEN GMBH & CO. KG
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 Gebr. Lennartz GmbH & Co. KG
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
14. Appendix
14.1 About The Insight Partners
14.2 Glossary
LIST OF TABLES
Table 1. SAM Bi-Metal Band Saw Blades Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Brazil Bi-Metal Band Saw Blade Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil Bi-Metal Band Saw Blade Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. Brazil Bi-Metal Band Saw Blade Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 5. Argentina Bi-Metal Band Saw Blade Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. Argentina Bi-Metal Band Saw Blade Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 7. Argentina Bi-Metal Band Saw Blade Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 8. Rest of SAM Bi-Metal Band Saw Blade Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. Rest of SAM Bi-Metal Band Saw Blade Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. Rest of SAM Bi-Metal Band Saw Blade Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 11. Glossary of Terms
LIST OF FIGURES
Figure 1. SAM Bi-Metal Band Saw Blades Market Segmentation
Figure 2. SAM Bi-Metal Band Saw Blades Market Segmentation – By Country
Figure 3. SAM Bi-Metal Band Saw Blades Market Overview
Figure 4. Machine Manufacturing Segment Held the Largest Share of the Market in 2020
Figure 5. Brazil Held the Largest Share of the Market in 2020
Figure 6. Porter ‘s Five Forces Analysis
Figure 7. Expert Opinion
Figure 8. SAM Bi-Metal Band Saw Blades Market – Ecosystem Analysis
Figure 9. SAM Bi-Metal Band Saw Blades Market Impact Analysis of Drivers and Restraints
Figure 10. SAM: Bi-Metal Band Saw Blades Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. SAM Bi-Metal Band Saw Blades Market Revenue Share, By Product Type (2020 and 2028)
Figure 12. SAM Carbide Tipped: Bi-Metal Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
Figure 13. SAM High Speed Steel: Bi-Metal Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
Figure 14. SAM Bi-Metal Band Saw Blades Market Revenue Share, By Application (2020 and 2028)
Figure 15. SAM Steel: Bi-Metal Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
Figure 16. SAM Aluminum: Bi-Metal Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
Figure 17. SAM Cast Iron: Bi-Metal Band Saw Blades Market- Revenue and Forecasts to 2028 (US$ Mn)
Figure 18. SAM Non-Ferrous Materials: Bi-Metal Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 19. SAM Others: Bi-Metal Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 20. SAM Bi-Metal Band Saw Blades Market Revenue Share, By End Use Industry (2020 and 2028)
Figure 21. SAM Automotive: Bi-Metal Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 22. SAM Aerospace and Defense: Bi-Metal Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 23. SAM Machine Manufacturing: Bi-Metal Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 24. SAM Others: Bi-Metal Band Saw Blades Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 25. SAM: Bi-Metal Band Saw Blade Market Revenue Overview, by Country (2020) (US$ Mn)
Figure 26. SAM: Bi-Metal Band Saw Blade Market Revenue Share, by Key Country (2020 and 2028)
Figure 27. Brazil: Bi-Metal Band Saw Blade Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Argentina: Bi-Metal Band Saw Blade Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Rest of SAM: Bi-Metal Band Saw Blade Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Impact of COVID-19 Pandemic in SAM
- AMADA MACHINERY CO., LTD.
- BICHAMP CUTTING TECHNOLOGY CO(HUNAN).,LTD
- EBERLE
- Gebr. Lennartz GmbH & Co. KG
- ROBERT RÖNTGEN GMBH & CO. KG
- SNA Europe (BAHCO)
- Starrett
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the SAM 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 SAM 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 SAM 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