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Polycrystalline Diamond Cutting Tool Market, Global Outlook and Forecast 2023-2029

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atharva jadhav

The global Polycrystalline Diamond Cutting Tool market was valued at US$ 924.9 million in 2022 and is projected to reach US$ 1438 million by 2029, at a CAGR of 6.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.



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Polycrystalline Diamond Cutting Tool is short for PCD cutting tool. Polycrystalline Diamond (PCD) is a synthetic diamond product that is produced by sintering together selected diamond particles with a metal matrix, using sophisticated technology. The diamond and matrix, when sintered together under high temperatures and pressures, creates a PCD tool blank that is high in uniform hardness and is abrasive resistant in all directions. This PCD diamond layer is then bonded to a tungsten carbide substrate, which provides strength and a brazable base to permit bonding to other metals.

This report aims to provide a comprehensive presentation of the global market for Polycrystalline Diamond Cutting Tool, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Polycrystalline Diamond Cutting Tool.


This report contains market size and forecasts of Polycrystalline Diamond Cutting Tool in global, including the following market information:


  • Global Polycrystalline Diamond Cutting Tool Market Revenue, 2018-2023, 2024-2029, ($ millions)
  • Global Polycrystalline Diamond Cutting Tool Market Sales, 2018-2023, 2024-2029, (K Units)
  • Global top five Polycrystalline Diamond Cutting Tool companies in 2022 (%)


Global key players of polycrystalline diamond cutting tool include Sandvik Group, Sumitomo Electric, Kennametal, Ceratizit, Mitsubishi Materials, etc. Global top five manufacturers hold a share about 46%. China is the largest producer, holds a share around 36%, followed by Europe, with share 26%. The largest market is Asia-Pacific, holds a share about 51%, followed by Europe and North America, with around 24% and 16% market share respectively.

We surveyed the Polycrystalline Diamond Cutting Tool manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Polycrystalline Diamond Cutting Tool Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Polycrystalline Diamond Cutting Tool Market Segment Percentages, by Type, 2022 (%)


  • PCD Milling Tools
  • PCD Turning Tools
  • PCD Holemaking Tools
  • PCD Inserts
  • Others


Global Polycrystalline Diamond Cutting Tool Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Polycrystalline Diamond Cutting Tool Market Segment Percentages, by Application, 2022 (%)


  • Automotive Industry
  • Machinery Industry
  • Aerospace Industry
  • Electronics and Semiconductor
  • Others


Global Polycrystalline Diamond Cutting Tool Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Polycrystalline Diamond Cutting Tool Market Segment Percentages, By Region and Country, 2022 (%)


  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa


Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies Polycrystalline Diamond Cutting Tool revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Polycrystalline Diamond Cutting Tool revenues share in global market, 2022 (%)
  • Key companies Polycrystalline Diamond Cutting Tool sales in global market, 2018-2023 (Estimated), (K Units)
  • Key companies Polycrystalline Diamond Cutting Tool sales share in global market, 2022 (%)


Further, the report presents profiles of competitors in the market, key players include:


  • Kennametal
  • Sandvik Group
  • Mapal
  • Wirutex
  • Ceratizit
  • Sumitomo Electric
  • Kyocera
  • Mitsubishi Materials
  • Union Tool
  • Asahi Diamond Industrial
  • Shinhan Diamond
  • EHWA
  • Halcyon Technology
  • TOP TECH Diamond Tools
  • Telcon Diamond
  • Beijing Worldia Diamond Tools
  • Shanghai Nagoya Precision Tools
  • Zhengzhou Diamond Precision Manufacturing
  • Shenzhen Junt
  • Weihai Weiying


Outline of Major Chapters:

Chapter 1: Introduces the definition of Polycrystalline Diamond Cutting Tool, market overview.

Chapter 2: Global Polycrystalline Diamond Cutting Tool market size in revenue and volume.

Chapter 3: Detailed analysis of Polycrystalline Diamond Cutting Tool manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Polycrystalline Diamond Cutting Tool in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Polycrystalline Diamond Cutting Tool capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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Table of content

1 Introduction to Research & Analysis Reports

1.1 Polycrystalline Diamond Cutting Tool Market Definition

1.2 Market Segments

1.2.1 Market by Type

1.2.2 Market by Application

1.3 Global Polycrystalline Diamond Cutting Tool Market Overview

1.4 Features & Benefits of This Report

1.5 Methodology & Sources of Information

1.5.1 Research Methodology

1.5.2 Research Process

1.5.3 Base Year

1.5.4 Report Assumptions & Caveats

2 Global Polycrystalline Diamond Cutting Tool Overall Market Size

2.1 Global Polycrystalline Diamond Cutting Tool Market Size: 2022 VS 2029

2.2 Global Polycrystalline Diamond Cutting Tool Revenue, Prospects & Forecasts: 2018-2029

2.3 Global Polycrystalline Diamond Cutting Tool Sales: 2018-2029

3 Company Landscape

3.1 Top Polycrystalline Diamond Cutting Tool Players in Global Market

3.2 Top Global Polycrystalline Diamond Cutting Tool Companies Ranked by Revenue

3.3 Global Polycrystalline Diamond Cutting Tool Revenue by Companies

3.4 Global Polycrystalline Diamond Cutting Tool Sales by Companies

3.5 Global Polycrystalline Diamond Cutting Tool Price by Manufacturer (2018-2023)

3.6 Top 3 and Top 5 Polycrystalline Diamond Cutting Tool Companies in Global Market, by Revenue in 2022

3.7 Global Manufacturers Polycrystalline Diamond Cutting Tool Product Type

3.8 Tier 1, Tier 2 and Tier 3 Polycrystalline Diamond Cutting Tool Players in Globa

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