Global Cutting Discs Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Bonded Cutting Discs, Diamond Cutting Discs, Resin Cutting Discs, and Aluminium Cutting Discs.

By Diameter Size;

4 Inch, 6 Inch, 9 Inch, 12 Inch, and 14 Inch.

By Application;

Metal Cutting, Stone Cutting, Ceramic Cutting, and Glass Cutting.

By End Use Industry;

Construction, Automotive, Metal Fabrication, and Mining.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn761629500 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Cutting Discs Market (USD Million), 2021 - 2031

In the year 2024, the Global Cutting Discs Market was valued at USD 10,321.23 million. The size of this market is expected to increase to USD 14,193.20 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.7%.

The global cutting discs market has witnessed significant growth due to the increasing demand for efficient tools in various industries such as construction, automotive, and manufacturing. Cutting discs, also known as abrasive wheels or cutting wheels, are essential tools used for slicing, shaping, and removing material from various surfaces. These discs are typically made from durable materials such as aluminum oxide, silicon carbide, and diamond, allowing them to cut through metal, stone, ceramics, and other hard substances with precision and speed. The versatility of cutting discs has made them a crucial component in many industrial applications, driving their widespread use across multiple sectors.

The market is also fueled by advancements in technology, which have led to the development of cutting discs that are more efficient, durable, and capable of handling higher speeds. The introduction of high-performance cutting discs designed for specific applications, such as stainless steel cutting or precision cutting, has further contributed to market growth. Additionally, innovations in materials, such as the use of reinforced or composite discs, have enhanced cutting performance and safety, making them more appealing to a broader range of users. With the increasing focus on efficiency and cost-effectiveness in manufacturing and construction projects, the demand for these specialized cutting tools is expected to continue growing.

Geographically, the global cutting discs market is diverse, with strong demand coming from regions such as North America, Europe, and Asia Pacific. In developed markets, such as the U.S. and Germany, the need for cutting discs is primarily driven by the automotive and manufacturing sectors, where precision cutting and high-quality tools are crucial. Meanwhile, emerging economies in Asia Pacific are contributing significantly to the market expansion due to rapid industrialization, infrastructure development, and the growing construction industry. As the market evolves, it is expected that the adoption of cutting-edge technologies and materials will drive further growth, making cutting discs indispensable tools in industries worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Diameter Size
    3. Market Snapshot, By Application
    4. Market Snapshot, By End-user
    5. Market Snapshot, By Region
  4. Global Cutting Discs Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing demand in construction and manufacturing industries
        2. Technological advancements in cutting disc materials and design
        3. Increasing focus on precision and high-performance tools
        4. Rapid industrialization in emerging economies
      2. Restraints
        1. High cost of premium cutting discs
        2. Safety concerns and risks during operation
        3. Environmental impact of disc disposal
        4. Limited availability of specialized cutting discs in certain regions
      3. Opportunities
        1. Rising adoption of automation in manufacturing
        2. Expansion of cutting discs in emerging markets
        3. Innovation in eco-friendly and sustainable cutting materials
        4. Development of specialized discs for niche applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Cutting Discs Market, By Type, 2021 - 2031 (USD Million)
      1. Bonded Cutting Discs
      2. Diamond Cutting Discs
      3. Resin Cutting Discs
      4. Aluminium Cutting Discs
    2. Global Cutting Discs Market, By Diameter Size, 2021 - 2031 (USD Million)

      1. 4 Inch
      2. 6 Inch
      3. 9 Inch
      4. 12 Inch
      5. 14 Inch
    3. Global Cutting Discs Market, By Application, 2021 - 2031(USD Million)

      1. Metal Cutting
      2. Stone Cutting
      3. Ceramic Cutting
      4. Glass Cutting
    4. Global Cutting Discs Market, By End-user, 2021 - 2031 (USD Million)
      1. Construction
      2. Automotive
      3. Metal Fabrication
      4. Mining
    5. Global Cutting Discs Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Husqvarna
      2. Tyrolit
      3. DeWALT
      4. Bosch
      5. Makita
      6. SaintGobain
      7. Norton Abrasives
      8. Metalworking Group
      9. Apex Tool Group
      10. Pferd
      11. Walter Surface Technologies
      12. LENOX
      13. Atlas Copco
      14. Klingspor
      15. 3M
  7. Analyst Views
  8. Future Outlook of the Market