According to the research report titled ‘Global Diamond Band Saw Blades Market Size study, by Type (Toothless Saw, Toothed Saw) by Application (Rubber, Stone Material, Others) and Regional Forecasts 2020-2027‘, available with Market Study Report, global diamond band saw blades market is expected to expand substantially through 2027.
 

Flourishing construction sector has fueled the demand for application specific stone sizes, and extensive usage in cutting of tiles are driving the global diamond band saw blades market growth.
 

For the unfamiliar, diamond saw blades have metal blades bonded with diamonds on the edge, which are used to cut stiff and hard materials including glass, metals, ceramics, granite, carbide tools, marble, gemstones, and even diamond. These blades are employed to cut the materials in the size required by the application. Moreover, wide applications of the blades in stone quarries and cutting facilities is contributing to the growth of global diamond band saw blades market.
 

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Increase in the number of smart city projects worldwide contribute to the rise in construction sector with high demand for several construction materials such as stones, tiles, ceramics and more, hence positively impacting the global diamond band saw blades market outlook.
 

According to GovInsider, there are around 1000 on-going smart city projects across the globe, of which 500 are in China, who invested USD 46.52 billion for the progress of pilot projects in 2017. Moreover, the government of India announced upgradation of 99 cities under the Smart City program.
 

However, high cost of equipment may hamper the market growth. Despite that, increasing efforts to develop & launch innovative devices to expand the product portfolio will create opportunities for the global diamond band saw blades market growth.
 

In terms of type, the industry is bifurcated into toothed saw, and toothless saw. Considering the mode of application, the market is divided into stone material, rubber, and others.
 

From a regional frame of reference, worldwide diamond band saw blades industry is segmented into Europe, Asia Pacific, North America, Latin America, and rest of the world. Asia Pacific was a major contributor to the revenue share in recent past and is anticipated to witness considerable growth over 2020-2027, mainly due to increasing number stone quarries and cutting facilities in the region. Further, rising product demand from construction and other industries is fueling the industry growth in APAC.
 

Major players operating in global diamond band saw blades industry sphere include Diamond Saw Works, WIKUS Sägenfabrik GmbH & Co. KG, C4 Carbides Ltd., Asahi Diamond Industrial Co. Ltd., UKAM Industrial Superhard Tools, Niabraze Corp., TecSaw International Ltd., Inland Craft Products Co., and L. S. Starrett Company.