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Hacksaw Blades Market Trends

Report ID: GMI8141
Published Date: Feb 2024
Report Format: PDF

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Hacksaw Blades Market Trends

Increased demand for blades that can handle tougher materials like high-strength steel and alloys, leading to advancements in materials like carbide-tipped blades and bimetal construction. For instance, in 2018, the Milwaukee Sawzall blade lineup expanded with the introduction of Milwaukee Torch with Carbide Teeth. With a relatively small diameter but made of solid metal, it forces the teeth to work the entire cut. In larger pipes, the responsibility shifts from the top to the outsides and back into the bottom of the cut. Carbide Torch can make up to 50 cuts in 1/2″ rebar.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of hacksaw blades was reached USD 1 billion in 2023 and is anticipated to register a CAGR of over 4.1% between 2024 and 2032, owing to their utility in metalworking, woodworking, and other industries.

The high-speed steel segment held a market share of over 45% in 2023 and is expected to grow significantly till 2032, attributed to its durability, resistance to wear, and the ability to withstand high temperatures.

Asia Pacific hacksaw blades industry generated a revenue of approximately USD 500 million in 2023 and is expected to grow significantly till 2032, attributed to a burgeoning industrial sector, characterized by robust manufacturing activities and infrastructure development.

Apex Tool Group LLC, Bipico Industries Pvt. Ltd., Black Hawk Industries, CooperTools, Dewalt, Disston, Fein, Klein Tools, Lenox, Robert Bosch GmbH, Snap-on Tools Company LLC are some of the major industry contenders.