Product Code: ETC022620 | Publication Date: Aug 2023 | Updated Date: Sep 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
United Arab Emirates (UAE) Cutting Tools market currently, in 2023, has witnessed an HHI of 1236, Which has increased slightly as compared to the HHI of 1157 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The United Arab Emirates (UAE) cutting tools market experienced steady growth from 2025 to 2031. Cutting tools are widely used in various industries, including manufacturing, automotive, aerospace, construction, and oil and gas. The market witnessed significant demand due to the country`s robust industrialization and infrastructure development.
UAE consistent efforts to diversify its economy beyond oil have led to rapid industrial expansion. This growth has increased the demand for cutting tools in manufacturing and processing industries. Further, the UAE government`s continuous investments in infrastructure projects, such as roads, bridges, and commercial buildings, created a substantial demand for cutting tools in the construction sector. Moreover, the rise in automotive production and maintenance, along with the growth of the aerospace industry, bolstered the demand for cutting tools in precision machining.
The UAE relies heavily on imported cutting tools, which can lead to supply chain disruptions and price fluctuations due to geopolitical factors and international trade dynamics. Further, the lack of skilled labor proficient in operating advanced cutting tools poses a challenge to efficient utilization and implementation of cutting-edge technologies.
The COVID-19 pandemic had a notable impact on the UAE cutting tools market. During the early stages of the pandemic, manufacturing and construction activities faced temporary closures and disruptions due to lockdown measures. This resulted in a decline in demand for cutting tools in 2025. However, as the economy gradually reopened and recovered, the market regained momentum, driven by pent-up demand, government stimulus packages, and increased focus on local production to reduce reliance on imports.
The UAE cutting tools market is competitive and comprises both domestic and international players. Some key players operating in the market include Sandvik AB, Kennametal Inc., Mitsubishi Materials Corporation and KYOCERA Corporation.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United Arab Emirates (UAE) Cutting tools Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Cutting tools Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Cutting tools Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Cutting tools Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Cutting tools Market Revenues & Volume Share, By Technology , 2021 & 2031F |
3.6 United Arab Emirates (UAE) Cutting tools Market Revenues & Volume Share, By Application , 2021 & 2031F |
3.7 United Arab Emirates (UAE) Cutting tools Market Revenues & Volume Share, By Tool Grade, 2021 & 2031F |
3.8 United Arab Emirates (UAE) Cutting tools Market Revenues & Volume Share, By Type , 2021 & 2031F |
4 United Arab Emirates (UAE) Cutting tools Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the manufacturing sector in UAE leading to increased demand for cutting tools |
4.2.2 Technological advancements in cutting tools leading to improved efficiency and productivity |
4.2.3 Government initiatives promoting industrialization and innovation in UAE |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the cost of production for cutting tools |
4.3.2 Intense competition among cutting tool manufacturers in UAE |
4.3.3 Economic uncertainties affecting investments in the manufacturing sector |
5 United Arab Emirates (UAE) Cutting tools Market Trends |
6 United Arab Emirates (UAE) Cutting tools Market, By Types |
6.1 United Arab Emirates (UAE) Cutting tools Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Cutting tools Market Revenues & Volume, By Technology , 2021-2031F |
6.1.3 United Arab Emirates (UAE) Cutting tools Market Revenues & Volume, By Organic Light Emitting Diode (OLED), 2021-2031F |
6.1.4 United Arab Emirates (UAE) Cutting tools Market Revenues & Volume, By LCoS, 2021-2031F |
6.1.5 United Arab Emirates (UAE) Cutting tools Market Revenues & Volume, By LCD, 2021-2031F |
6.1.6 United Arab Emirates (UAE) Cutting tools Market Revenues & Volume, By DLP, 2021-2031F |
6.2 United Arab Emirates (UAE) Cutting tools Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Cutting tools Market Revenues & Volume, By Milling, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Cutting tools Market Revenues & Volume, By Turning, 2021-2031F |
6.2.4 United Arab Emirates (UAE) Cutting tools Market Revenues & Volume, By Drilling, 2021-2031F |
6.2.5 United Arab Emirates (UAE) Cutting tools Market Revenues & Volume, By Other, 2021-2031F |
6.3 United Arab Emirates (UAE) Cutting tools Market, By Tool Grade |
6.3.1 Overview and Analysis |
6.3.2 United Arab Emirates (UAE) Cutting tools Market Revenues & Volume, By High Speed Steel, 2021-2031F |
6.3.3 United Arab Emirates (UAE) Cutting tools Market Revenues & Volume, By Ceramics, 2021-2031F |
6.3.4 United Arab Emirates (UAE) Cutting tools Market Revenues & Volume, By Cermets, 2021-2031F |
6.3.5 United Arab Emirates (UAE) Cutting tools Market Revenues & Volume, By cBN/PcBN, 2021-2031F |
6.3.6 United Arab Emirates (UAE) Cutting tools Market Revenues & Volume, By Diamond, 2021-2031F |
6.4 United Arab Emirates (UAE) Cutting tools Market, By Type |
6.4.1 Overview and Analysis |
6.4.2 United Arab Emirates (UAE) Cutting tools Market Revenues & Volume, By Indexable, 2021-2031F |
6.4.3 United Arab Emirates (UAE) Cutting tools Market Revenues & Volume, By Solid, 2021-2031F |
7 United Arab Emirates (UAE) Cutting tools Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Cutting tools Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Cutting tools Market Imports from Major Countries |
8 United Arab Emirates (UAE) Cutting tools Market Key Performance Indicators |
8.1 Average order value of cutting tools in UAE |
8.2 Number of new cutting tool technologies introduced in the market |
8.3 Adoption rate of automation in the manufacturing sector in UAE |
9 United Arab Emirates (UAE) Cutting tools Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Cutting tools Market Opportunity Assessment, By Technology , 2021 & 2031F |
9.2 United Arab Emirates (UAE) Cutting tools Market Opportunity Assessment, By Application , 2021 & 2031F |
9.3 United Arab Emirates (UAE) Cutting tools Market Opportunity Assessment, By Tool Grade, 2021 & 2031F |
9.4 United Arab Emirates (UAE) Cutting tools Market Opportunity Assessment, By Type , 2021 & 2031F |
10 United Arab Emirates (UAE) Cutting tools Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Cutting tools Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Cutting tools Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |