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China Cutting Tools Market By Material Type

By Material Type, the market is segmented into Wood, Glass, Ceramics, Steels, Composites, Graphite, and Others (2018–2027)

Author: Wantstats Research TeamSource: Wantstats Repository
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China Cutting Tools Market By Material Type — full underlying data
LabelWoodGlassCeramicsSteelsCompositesGraphiteOthers
2019155.77 USD Mn85.8 USD Mn132.01 USD Mn1019.49 USD Mn181.38 USD Mn190.57 USD Mn872.84 USD Mn
2020165.86 USD Mn92.85 USD Mn148.11 USD Mn1183.36 USD Mn199.21 USD Mn229.47 USD Mn855.86 USD Mn
2021181.3 USD Mn84.94 USD Mn181.23 USD Mn1122.72 USD Mn211.42 USD Mn280.35 USD Mn1018.68 USD Mn
2022195.02 USD Mn92.28 USD Mn205.51 USD Mn1248.87 USD Mn234.04 USD Mn317.42 USD Mn1097.67 USD Mn
2023210.09 USD Mn99.84 USD Mn233.44 USD Mn1382.26 USD Mn258.7 USD Mn360.02 USD Mn1188.44 USD Mn
2024226.72 USD Mn107.59 USD Mn265.73 USD Mn1523.51 USD Mn285.69 USD Mn409.17 USD Mn1293.37 USD Mn
2025245.2 USD Mn115.51 USD Mn303.22 USD Mn1673.26 USD Mn315.36 USD Mn466.14 USD Mn1415.35 USD Mn
2026265.75 USD Mn123.52 USD Mn346.82 USD Mn1831.55 USD Mn347.99 USD Mn532.29 USD Mn1557.39 USD Mn
2027288.55 USD Mn131.48 USD Mn397.51 USD Mn1997.7 USD Mn383.82 USD Mn609.08 USD Mn1722.64 USD Mn
2028312.29 USD Mn134.03 USD Mn455.54 USD Mn2126.34 USD Mn422.13 USD Mn697.73 USD Mn1910.05 USD Mn
2029338.61 USD Mn139.98 USD Mn520.82 USD Mn2299.2 USD Mn465.19 USD Mn796.86 USD Mn2114.53 USD Mn
2030366.98 USD Mn144.66 USD Mn594.86 USD Mn2475.45 USD Mn512.51 USD Mn909.38 USD Mn2342.27 USD Mn

Data Source: Wantstats Repository

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Growth Outlook

  • The China Cutting Tools Market By Material Type market is on a steady long-term growth path. Segment value stands at roughly USD 5005 Mn in 2026 and is projected to reach USD 7346 Mn by 2030 — a gain of about 47% over the forecast period, translating to a CAGR in the double digits.
  • Of the 7 groups compared here, Steels is out front by 2030 at 2. 48B USD — 34% of the group total.
  • What the regional split looks like (2026): Steels leads, holding roughly 37% of segment value — the single largest regional share. Others is the second-largest contributor. Graphite, Composites, Ceramics, Wood and Glass make up the remainder, in descending order.
  • By 2030, Steels alone is expected to reach USD 2475 Mn, with Others at USD 2342 Mn.

Market Dynamics

Of the 7 groups compared here, Steels is out front by 2030 at 2.48B USD — 34% of the group total.

Second place: Others, 2.34B USD, trailing Steels by 5%.

Steels: up 143% over the period, 1.02B USD to 2.48B USD.

Others: 872.84M USD to 2.34B USD, 168% higher by 2030.

Graphite: 190.57M USD in 2019 to 909.38M USD by 2030, up 377%.

Ceramics climbs from 132.01M USD (2019) to 594.86M USD (2030), a 351% gain.

Composites grows to 512.51M USD by 2030, from 181.38M USD in 2019 — 183% up.

Wood: 155.77M USD to 366.98M USD, 136% higher by 2030.

Graphite outpaces every other series here, 377% growth — worth watching even if it is not the biggest in absolute terms yet.

The 7-group total: 2.64B USD in 2019, 7.35B USD by 2030, 178% overall.

Reading This As A Comparison

There are 7 separate series stacked into this one chart. Look at relative size and relative movement, not just whichever line sits highest.

A group with a small share can still matter most for the story — it is often the rate of change, not the current level, that is worth the closer look.

For planning purposes, the end-year figure and the growth rate are the two numbers that matter. Together they show how large the China Cutting Tools market is projected to become and how quickly it gets there.

This is a market research forecast, not an official statistic. Values after the 2018 base year are modeled projections to 2030, based on supply-side and demand-side analysis, and are updated when market conditions change.

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I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.