Outlook For Metal Cutting Industry In 2017

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Metal Cutting Industry Outlook 2017
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Metal cutting tools have found their use in
several manufacturing units including
agriculture, automotive, aerospace, and oil gas
industries. The metal cutting market is
characterized by both small-scale and
international vendors. Regional players are
focused on satisfying needs of the customers
confined to the local market, whereas the
customer base of international industries spans
across national boundaries.
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Overview

• Metal cutting manufacturers are under constant
  pressure to deliver latest and feature-rich
  products.
• The requirements of customers have altered
  expecting more performance-oriented and
  cost-effective tools.
• The metal cutting tool manufacturers are taking
  initiatives in producing top-grade output while
  ensuring safety of the operators.

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A research conducted by Technavio suggests a
positive growth of 7 in the market by completion
of the year 2020.
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The biggest consumer of metal cutting tools is
the automotive market, contributing majorly in
the annual income generated.
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1. 3D Printing

• 3D printing involves usage of a digital file to
  create three-dimensional objects.
• It enables production of complex geometries with
  ease which, otherwise, would have been a tough
  work to do.
• These complex shapes are usually produced by
  building one by one multiple thin layers.

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2. Increased demand of HSS metal cutting tools

• HSS tools are known for their durability and
  efficiency.
• They can withstand high temperature and cut
  faster, hence they are named 'high speed'.
• Help in reducing the overall completion time of
  a product and increase its quality.

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3. Fabricated metal products
Fabricated metal products are in demand due to
their wide range of applications, like
ammunition, utensils, products made of stamped
metal, cutlery, tanks, springs, and some hardware
products. A steep rise has been observed in the
demand of this metal product from construction
and machinery sector.
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Fabricated metal
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BIPICO, an ISO 90012008 company is established
in November 1974 and is proud of its more than
four decades journey as a Hacksaw Blade
manufacturing company, BIPICO has grown into a
major cutting tools manufacturer and exporter
with a strong brand image in India and in
International markets.
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