Diamond Turning Tool Market Summary
Diamond turning tools are one of the most widely used tools in cutting processing. The working part of the turning tool is the part that generates and processes chips, including the blade, the structure that breaks or rolls up the chips, the space for chip removal or storage, and the channels for cutting fluid and other structural elements. Classification of diamond turning tools: Turning tools can be divided into cylindrical, shoulder, end face, grooving, cutting, threading and forming turning tools according to their uses.
According to the new market research report “Global Diamond Turning Tool Market Report 2023-2029”, published by QYResearch, the global Diamond Turning Tool market size is projected to reach USD 2.22 billion by 2029, at a CAGR of 9.5% during the forecast period.
According to QYResearch Top Players Research Center, the global key manufacturers of Diamond Turning Tool include Shanghai Nagoya Precision Tools, Henan Strength Diameong Products, WEIHAI WEIYING TOOL, Shanghai Natural Diamond-tools (ND), Halnn Superhard, SF DIAMOND, Beijing Worldia Diamond Tools, DIATEC Diamanttechnik GmbH, Tokyo Diamond Tools Mfg, WEISS AG, etc.
In 2022, the global top five players had a share approximately 31.4% in terms of revenue. Above figure shows the key players ranked by revenue in Diamond Turning Tool.
Market Drivers: In terms of properties, first of all, diamond is the hardest material found in nature, with a microhardness of 10,000HV and a wear resistance 60-120 times that of cemented carbide. When processing high-hardness materials, the lifespan of a carbide tool is Ten to a hundred or even hundreds of times. Secondly, the blunt edge of single crystal diamond blades is generally 0.1-0.5μm, and the bluntness of natural diamond tools can be as high as 0.005-0.008μm, enabling ultra-thin cutting and ultra-precision processing. At the same time, the friction coefficient between it and non-ferrous metals is usually between 0.1-0.3, which is about half of that of cemented carbide tools, and the cutting force during working hours is small. In addition, the thermal conductivity of diamond is 1.5-9 times that of cemented carbide, and its thermal expansion coefficient is a fraction of that of cemented carbide and about 1/10 that of high-speed steel. The cutting heat is easily dissipated, and the deformation caused by the cutting heat is very small, making it very suitable for precision machining.
In terms of application, diamond tools are mostly used to process non-ferrous metals and non-metal materials at high speeds, such as various wear-resistant non-ferrous metals (silicon-aluminum alloys, copper and copper alloys, cemented carbide, etc.), wear-resistant non-metals (ceramic materials, graphite) Materials, plastic rubber, fiberglass, etc.).
Restraint: Among the shortcomings of the product, firstly, the thermal stability is relatively poor, and the hardness will become lower when the cutting temperature exceeds 700°C; secondly, it is not suitable for cutting ferrous metals, because the carbon atoms in diamond easily interact with iron atoms at high temperatures. function, causing damage to the tool.
About The Authors
| Analyst: Ran xinrong | |
| Email: ranxinrong@qyresearch.com |
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