Waterjet Cutting Machine Consumables Market

Global Waterjet Cutting Machine Consumables Market to Record a Healthy CAGR of 6.5%
During the Forecast Period 2017 – 2025
Global waterjet cutting machine consumables market is expected to witness robust growth during
the forecast period. This growth is expected to be primarily driven by the implementation of strict
safety rules and to promote safe working condition by the government. “Waterjet Cutting Machine
Consumables Market: Global Industry Analysis (2012 – 2016) and Forecast (2017 – 2025)” is the
new report published by Persistence Market Research for the projected period of 8-years, i.e. 20172025. According to this report, in 2017, in terms of volume, the global waterjet cutting machine
consumables market is expected to reach at 36,354.2 '000 Units in 2017 and is anticipated to reach
60,613.4 '000 Units by
2025 end. In terms of value, sales of global waterjet cutting machine consumables market in 2017
was valued at US$ 1,658.0 Mn. The market is slated to expand at a CAGR of 6.5% in terms of
value during 2017-2025 to reach US$ 2,743.9 Mn by end of forecast period.
Global Waterjet Cutting Machine Consumables Market: Opportunity Analysis
Robust industrial growth to drive adoption of waterjet cutting machine consumables. This market is
primarily fuelled by foreign direct investment for industrial activities across the globe, supporting
manufacturing sector
Gradual adoption of waterjet cutting machines in the metal fabrication and construction industries
Growth of manufacturing industry and rapid urbanization to boost the global waterjet cutting
machine consumables Market. Increasing urbanization and infrastructural development in emerging
economies such as China, India, Philippines, Indonesia, and Thailand in the APAC region has led to
an increase in the total spending in industries such as metal working, automotive, and aerospace
The cutting efficiency is increased with the use of garnet abrasives. The demand for garnet
abrasives is anticipated to grow, precisely for waterjet cutting and abrasive blasting media in the
global market
Browse Full Report @ https://www.persistencemarketresearch.com/market-research/waterjetcutting-machine-consumables-market.asp
Global Waterjet Cutting Machine Consumables Market: Segmental Analysis and Forecast
The global waterjet cutting machine consumable market is segmented into product type, end use,
and application. Product type segment is further segmented in to abrasives, nozzles, water filters,
grates, focus tubes and others, such as mixing chambers and orifice. The abrasives segment is
estimated to dominate the global waterjet cutting machine consumable market with a 25.5% market
value share, and is expected to be valued at US$ 698.9Mn by 2025end. This segment will expand at
a CAGR of 8.9% over the forecast period. The segment is estimated to create an incremental $
opportunity of US$ 346.8 Mn between 2017 and 2025 over the forecast period.
End use segment consists of metal fabrication, automotive, ceramics, electronics and others such as
food & beverages, paper & pulp, and aerospace. The growth of metal fabrication and the
automotive industries is estimated to be a prominent driver for the waterjet cutting machines
consumables market. The trend of manufacturing complex and complicated parts with accurate
CNC programming is expected to drive this market. The segment is expected to reach a market
value of US$ 908.0 Mn by 2025 end, expanding at a CAGR of 7.6% over the forecast period.
On the basis of application, the global waterjet cutting machine consumable market is segmented
into pure waterjet cutting and abrasive waterjet cutting. Abrasive waterjet cutting segment is
estimated to be the most attractive segment in term of value in the global waterjet cutting machine
consumables market. The abrasive waterjet cutting segment accounted for 75.0% value share of the
global waterjet cutting machine consumables market in 2017 and is estimated to reach 76.6% by
2025 end, expanding at a healthy CAGR of 6.8% over the forecast period.
Global Waterjet Cutting Machine Consumables Market: Forecast Analysis by Region
On the basis of region, this market is segmented into North America, Latin America, Europe, APAC
and MEA. North America is estimated to be account for 36.8% value share of the global waterjet
cutting machine consumables market in 2017 and is estimated to reach 37.5% by 2025 end. North
America is expected to reach a market value of US$ 1,040.7 Mn by 2025 end, expanding at a
CAGR of 6.9% over the forecast period. On the other hand, shifting of the automotive and other
electronics market from China and Japan to ASEAN and South East Asia countries is expected to
create significant demand for waterjet cutting machine consumables in these countries in the near
future.
Global Waterjet Cutting Machine Consumables Market: Key Vendors
Kennametal Inc., Flow International Corporation, OMAX Corporation, CERATIZIT S.A., GMA
Garnet Pty. Ltd., Wardjet Inc., Hypertherm Inc., TECHNI Waterjet, Jet Edge, Inc., KMT Waterjet,
V.V. Minerals, ALLFI AG, Opta Minerals Inc., Kimblad Technology AB, H2O Jet, OSKAR
MOSER TECHNISCHE EDELSTEINE, Diamond Technology Innovations, Inc., WSI Waterjet
System International, Barton International Inc., and Hammelmann GmbH are some of the key
players operating in the global waterjet cutting machine consumable market.