Global Taps and Dies Market Forecasted to Surpass a Value of US$2.3 bn by the End of 2026

in automotive-aftermarket •  7 years ago 

Market Research Hub (MRH) has freshly publicized a new study titled “Taps and Dies Market - Global Industry Analysis, Size, Growth, Trends, Share and Forecast 2017 – 2026” to its massive collection of research database. The study offers a holistic outlook on the market covering market trends, factors along with industry growth prospects from 2012 to 2017, and forecast to 2026. The report also highlights opportunities in the taps and dies market at the global and regional level. Prime regions emphasized in the study are North America, Japan, Europe, the Asia Pacific excluding Japan, Middle East & Africa (MEA), and Latin America; these are analyzed in terms of market revenue.

Click here for Free Sample Report@ https://www.marketresearchhub.com/enquiry.php?type=S&repid=1635816

Taps and dies are basically two tools that are used to create screw threads, more commonly referred to as just a thread. Tapping is the term that refers to the process formation of threads or cutting while the term threading is related to dies. It has been analyzed that the adoption of taps and dies across various applications around the globe has given a positive impetus to its market growth. Applications of taps and dies include industrial, household and DIY.

Key Highlights from the Study

As per the latest evaluations, the global market for taps and dies is likely to reach a market value of US$2.3 Bn by the end of 2026, which was estimated of over US$ 1700 Mn in 2017. At this value, the market is also forecasted to exhibit a sluggish CAGR of 3.8% during the mentioned forecast.

In terms of geography, analysts find that the European market is expected to be the largest and the region is expected to dominate the global taps and dies market in the coming years. The growth of taps and dies market in Europe is mainly pushed by increasing adoption of taps and dies across industrial and household sectors in the region.

Browse Full Report with TOC@ https://www.marketresearchhub.com/report/taps-and-dies-market-global-industry-analysis-size-growth-trends-share-and-forecast-2017-2026-report.html

Further, the market research has been broadly categorized on the basis of product type, application and sales channel. With respect to product type, the global market for taps and dies is further segmented into carbon steel, alloy steel, high-speed steel and tin coated. By sales channel, the global taps and dies are expected to witness increased sales via retail and online channels.

Competitive Scenario

Later, the competitive landscape offered in the report is a valuable resource for readers, as it helps in gauging the complete competitive scenario in the market. Their details such as key strategies, SWOT, organization overview, market share, financials, developments and product portfolios are also covered in this subsequent section. Major players profiled in the study include Titex Tools, Michigan Drill, Kennametal, Cleveland, Guhring, Triump Twist Drill, Chicago Latrobe, OSG, Accupro, M.A. Ford, Atrax and Kyocera.

Enquire about this Report@ https://www.marketresearchhub.com/enquiry.php?type=enquiry&repid=1635816

About Market Research Hub

Market Research Hub (MRH) is a next-generation reseller of research reports of different sector like automotive aftermarket industry reports and analysis. MRH’s expansive collection of industry reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.

MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.

Contact Us

90 State Street,
Albany, NY 12207,
United States

Toll Free: 800-998-4852 (US-Canada)
Email: [email protected]
Website: http://www.marketresearchhub.com/
Read Industry News at - https://www.industrynewsanalysis.com/

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!