Twist Drill Market

Twist Drill (also commonly referred to as twist bit) is a rotating cutting tool, used for cutting holes in rigid materials, that consists of an essentially conical point, relieved and fluted to form cutting lips, and spiral flutes which direct the chips away from the lips and toward ejection from the hole. Twist drills are the most common and easiest way to put a hole in steel, wood or other non-ferrous materials.

Twist Drill Market aims to provide a comprehensive presentation of the global market for Twist Drill, 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 Twist Drill. Twist Drill Market contains market size and forecasts of Twist Drill in global, including the following market information:

Global Twist Drill Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global Twist Drill Market Sales, 2018-2023, 2024-2029, (M Units)

Global top five Twist Drill companies in 2022 (%)

The global Twist Drill market was valued at US$ 4545.9 million in 2022 and is projected to reach US$ 5123.2 million by 2029, at a CAGR of 1.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global Twist Drill key players include TDC Cutting Tool, Feida, Tiangong International, Harbin No.1 Tool, Harbin Measuring & Cutting Tool, etc. Global top five manufacturers hold a share over 15%.

China is the largest market, with a share over 65%, followed by USA and Europe, both have a share over 15%.

In terms of product, Straight Shank Twist Drill is the largest segment, with a share over 50%. And in terms of application, the largest application is Metal, followed by Concrete, Wood, etc.

We surveyed the Twist Drill 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 Twist Drill Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (M Units)

Global Twist Drill Market Segment Percentages, by Type, 2022 (%)

Straight Shank Twist Drill

Taper Shank Twist Drill

Double-End Twist Drill

Others

Global Twist Drill Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (M Units)

Global Twist Drill Market Segment Percentages, by Application, 2022 (%)

Metal

Wood

Concrete

Plastic

Others

Global Twist Drill Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (M Units)

Global Twist Drill 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 Twist Drill revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Twist Drill revenues share in global market, 2022 (%)

Key companies Twist Drill sales in global market, 2018-2023 (Estimated), (M Units)

Key companies Twist Drill sales share in global market, 2022 (%)

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

Sandvik Coromant

OSG

Kennamtel

SECO

Stanley Black & Decker

Mitsubishi

Guhring Group

Nachi

ISCAR

Sumitomo

Walter AG

Bosch

Mapal

Korloy

Triumph

Tiangong International

Kyocera

Irwin Tool

TDC Cutting Tool

Shanggong

Harbin No.1 Tool

Feida

Ceratizit

Greenfield Industries

Chengdu Chenliang

Harbin Measuring & Cutting Tool

Komet

Regal Cutting Tools

Alpen-Maykestag

Fangda Holding

Outline of Major Chapters:

Chapter 1: Introduces the definition of Twist Drill, market overview.

Chapter 2: Global Twist Drill market size in revenue and volume.

Chapter 3: Detailed analysis of Twist Drill 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 Twist Drill 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 Twist Drill 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.