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Hacksaw Blades Market By Blade Type (Regular Hacksaw Blade, Wavy Hacksaw Blade, And Raker Hacksaw Blade), Teeth Per Inch (14 Teeth Per Inch, 18 Teeth Per Inch, 24 Teeth Per Inch, And 32 Teeth Per Inch), Material Type (Brass, Mild Steel, And Aluminium), Product (Hand Hacksaw Blades And Power Hacksaw Blades), Mechanism Type (Electric And Manual), Application (Commercial Usage And Home Usage), and By Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

Covid-19

Global Hacksaw Blades Market Size, Share

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Industry Insights

[195+ Pages Report] According to the report published by Facts and Factors, the global hacksaw blade market was valued at approximately USD 914.36 Million in 2019 and is expected to generate revenue of around USD 1,209 Million by end of 2026, growing at a CAGR of around 4.5% between 2020 and 2026.

logoGlobal Hacksaw Blade Market: Overview  

Hacksaw Blade is a tool that is mostly used to cut metals. It is designed with features such as a fine-toothed saw for sharp cutting of the hard metals. It is mostly used in the manufacturing and construction industry where cutting and joining of the metal often takes place. Based on the requirement and usage, hacksaw blades are available in different sizes and designs to fit the requirement. As the construction and manufacturing industry grows the demand for hacksaw blades is scalable.

Hacksaw Blades Market

logoGlobal Hacksaw Blade Market: Growth Factors

Growing urbanization is one of the major propellants which are driving the market of hacksaw blade. Rising urbanization has led to huge demand in the construction industry for residential and commercial projects. These industries require a high number of tools and a hacksaw blade is the important one. It is required in cutting small metal parts, cutting PVC pipe for water and electrical installations. Commercial projects in cities need robust electrical systems and water supply systems, it requires cutting of PVC pipe of varying lengths. Thus, the demand for hacksaw blades is high in urban areas. Similarly, improvements in technology like electric hacksaw blades have increased the utility of the tool and hence the demand for the tool has increased in the manufacturing and construction industry. Bimetal hacksaw blade which has variable teeth per inch has maximum uses in the residential sector. In an urban area as the service of the providers is becoming costly, consumers are inclined to have a well-equipped toolbox at the home, and a hacksaw blade especially a bimetal hacksaw blade is one of the important components of the toolbox.

logoGlobal Hacksaw Blade Market: Segmentation

The global Hacksaw Blade market is segmented on the basis of types as a regular hacksaw blade, wavy hacksaw blade, and a raker hacksaw blade. On the basis of teeth per inch, the global market is categorized as 14 teeth per inch, 18 teeth per inch, 24 teeth per inch, and 32 teeth per inch. By material, the market is classified into brass, mild steel, and aluminum and it is estimated that demand for mild steel hacksaw blade will be maximum owing to its metallic property of strength. By product, the market is divided into hand hacksaw blades and power hacksaw blades. By mechanism, the market is divided into electric and manual, and electric-driven blade usage is growing faster due to its increased utility. Furthermore, the Hacksaw Blade market is divided on the basis of application as commercial and residential and. commercial segment is likely to grow with high CAGR

logoGlobal Hacksaw Blade Market: Regional Analysis

Geographically, the APAC region is likely to spearhead the global hacksaw blade market. The high growth of rate of the construction industry and manufacturing sector in this region is driving the market. An international agreement such as RCEP has further liberalized the market unlocking the potential of the market further. North America and Europe are also showing the positive market trend as residential usage due to DIY and renewed interest in the home activities.

logoGlobal Hacksaw Blade Market: Competitive Players

Some of the major players contributing their efforts in terms of products and services include Apex Tool Group LLC, Klein Tools, Inc., Milwaukee Tool, C. & E. Fein GmbH, Stanley Black & Decker, Inc., Bipico, Starrett, Disston Company, LENOX, Snap-on Inc., and Techtronic Industries Co. Ltd.

logoGlobal Hacksaw Blade Market: Regional Segment Analysis

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of MEA

Covid-19

Hacksaw Blades Market

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Industry Major Market Players

  • Apex Tool Group LLC
  • Klein Tools, Inc.
  • Milwaukee Tool
  • C. & E. Fein GmbH
  • Stanley Black & Decker Inc.
  • Bipico
  • Starrett
  • Disston Company
  • LENOX
  • Snap-on Inc.
  • Techtronic Industries Co. Ltd.

Frequently Asked Questions

Strict enforcement of laws by government authorities mandating Hacksaw Blades Market.
According to Facts and Factors research report, the global Hacksaw Blades Market accrued earnings worth approximately XX (USD Billion) in 2020 and is predicted to gain revenue of about XX(USD Billion) by 2028, is set to record a CAGR of nearly XX% over the period from 2021 to 2028.
North America will contribute lucratively towards the global market value over the estimated timeline. The regional market surge is subject to large-scale presence of giant participants in countries such as the U.S. Apart from this, favorable compensation policies along with high acceptance of new Hacksaw Blades Market will drive regional market trends. With regional governments enforcing strict laws pertaining to drug abuse, the market for Hacksaw Blades Market in North America is set to witness exponential growth over years to come. Legalization of cannabis in countries such as Canada and U.S. through passing of acts in parliament is likely to enlarge scope of Hacksaw Blades Market in North America over coming decade.
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