The Carbide Tools Market, estimated at USD 10.64 billion in 2022, is poised for significant growth, with projections indicating an increase to USD 16.4 billion by 2030. This trajectory reflects a noteworthy Compound Annual Growth Rate (CAGR) of 5.6% during the forecast period from 2023 to 2030.
Carbide tools, also known as cutting tools with carbide tips or cemented carbide, have become...