Global Twist Drill Market Insights, Forecast to 2025

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 Twist Drill market was valued at 4120 Million US$ in 2018 and is projected to reach 4670 Million US$ by 2025, at a CAGR of 1.6% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Twist Drill.

This report presents the worldwide Twist Drill market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The following manufacturers are covered in this report:
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

Twist Drill Breakdown Data by Type
Straight Shank Twist Drill
Taper Shank Twist Drill
Double-End Twist Drill
Other
Twist Drill Breakdown Data by Application
Metal
Wood
Concrete
Plastic
Other

Twist Drill Production by Region
United States
Europe
China
Japan
Other Regions

Twist Drill Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Twist Drill status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Twist Drill manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Twist Drill :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Twist Drill market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Frequently Asked Questions