The basic traits pertaining to waterjet cutting machine consumables include shaping, cutting, and reaming across several applications. Initially, the scenario was such that manufacturers never had various tools for cutting, but now they are making way for advanced cutting techniques providing good resistance in cutting the materials.
At the same time, the fact that counterfeit products are flooding the market can’t be ignored. Persistence Market Research has given these details with probable calls to action in its latest market study entitled “Waterjet Cutting Machine Consumables Market”.
How is the Waterjet Cutting Machine Consumables Market categorized?
The global waterjet cutting machine consumables market, by product, spans abrasives, nozzles, water filters, gratings, focus tubes, and likewise. Application-wise, it’s pure waterjet cutting machine consumables and abrasive waterjet cutting machine consumables. By end-use, it’s metal fabrication, automotive, ceramics, electronics, and likewise. Persistence Market Research has given a detailed analysis of the facts with future prospects in its latest market study entitled “Waterjet Cutting Machine Consumables Market”.
North America holds the largest market share. As of now, it holds close to 25% of the market share due to the US being subject to noteworthy sales of the waterjet cutting machine consumables. Europe stands second on the similar grounds. The Asia-Pacific is expected to be the region to watch out with China leading on the account of it setting up several manufacturing plants at various places throughout. India is also not behind, with tremendous growth in infrastructure. Persistence Market Research has mentioned about these facts with insights in its latest market study entitled “Waterjet Cutting Machine Consumables Market”.
Persistence Market Research has profiled the key players in waterjet cutting machine consumables market as Kennametal Inc., Flow International Corporation, Omax Corporation, Ceratizit SA, GMA Garnet Pty. Ltd., Wardjet Inc., Hypertherm Inc., Techni Waterjet, Jet Edge, Inc., KMT Waterjet, Allfi AG, Opta Minerals Inc., Kimblad technology AB, H2O Jet, Diamond Technology Innovations, Inc., and Barton International Inc.
Persistence Market Ressearch has gone further with mentioning the developments on this count as well. For instance – KMT Waterjet Systems, Inc., in May 2021, tabled the NEW KMT Waterjet Cut Calculator 2.0 App. It does incorporate 25 materials along with a broader range of abrasive rates, orifice size, horsepower, and substrate thickness. SHAPE, in February 2021, did acquire Riverstone Waterjets. The new entity would be termed as RPS (Riverstone Pressure Systems), thereby joining APS (Advanced Pressure Systems). Ceratizit USA, Inc., in June 2021, did announce acquiring 100% stake in “Best Carbide Cutting Tools, LLC”.
Delving deep into the developments related to previous years, Persistence Market Research has not missed on mentioning that as well. For instance – Omax Corporation, in Maarch 2019, inked a definitive merger agreement establishing Omax as a completely owned subsidiary of Hypertherm to expand its base. Kennametal Inc., in May 2019, inked a partnership with ExOne to develop the New X1 25PRO Production Machine.
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The global waterjet cutting machine consumables market will grow unabatedly between 2021 and 2031 – Persistence Market Research