Global Diamond Wire Market Overview:
Diamond wire is the process of using wire of various diameters and length, impregnated with diamond dust. This helps to cut through materials. Diamond is one of the hardest material which helps in cutting techniques and can cut through almost any material. Diamond wire is used as an abrasive cutting tool for several hard material cutting applications including bricking, cropping, slicing, squaring and cutting.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Continuous Recent Development and Advancement in Technology
Market Growth Drivers:
Rise in Demand from End-Use Industries Such as Sapphire, Growing Urbanization in Developing Countries and Rise in Adoption of Electronic appliances Along with Upsurged Electronics and Semiconductor
Challenges:
Diamond Wire needs to get Tested Which Determines the Specific Pressure From the Feeding Force
Restraints:
Inefficiency of Diamond wire After Few Number of Cuts and High Cost of Diamond Wires
Opportunities:
Rise in Construction Activities and Increasing Demand for End-Use industry
Competitive Landscape:
The market report lists the major players involved in the Carbon Steel Wire Diamond Wire Market under the competitive landscape and company profile chapters. The major players in the market are evaluated based on their product and/or service offerings, financial statements, key developments.
Some of the key players profiled in the report are Asahi Diamond (Japan), Nakamura Choukou (Japan), Diamond Pauber (Italy), SCHMID (Germany), Noritake (Japan), Nanjing Sanchao (China), A.L.M.T. (Japan), Sino-Crystal Diamond (China), Henan Yicheng (China), Zhejiang Ruiyi (China), Tony Tech (Quatar) and ILJIN Diamond (South Korea). Additionally, following companies can also be profiled that are part of our coverage like Metron, READ, Logomatic and DIAT New Material. Analyst at AMA Research see United States Vendors to retain maximum share of Global Diamond Wire market by 2030. Considering Market by Bonding Techniques, the sub-segment i.e. Electroplating will boost the Diamond Wire market. Considering Market by Diamond Types, the sub-segment i.e. Natural will boost the Diamond Wire market.
Latest Market Insights:
In May 2017,Diamond Wire Industry manufacturers those involve in this research are Asahi Diamond, Meyer Burger, Noritake, JFS, Nakamura Choukou, Nippon Seisen, Logomatic, Bekaert, ILJIN, READ, A.L.M.T., Saesol, NIABRAZE, MDWEC, DIAT New Material, Nanjing Sanchao, Zhengzhou Sino-Crystal Diamond and Sunnywell.
In October 2021 BASF’s Elastollan® thermoplastic polyurethane (TPU) is now used as a more durable protective covering in diamond wire technology to cut hard materials such as granite and marble. Segments affixed with diamond pieces for heavy-duty sawing, and spread evenly over the wire, are also kept in place owing to Elastollan‘s flexibility and rigidity.
What Can be Explored with the Diamond Wire Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Diamond Wire Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Diamond Wire
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Diamond Wire market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Diamond Wire market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Suppliers, Providers and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.