26th November,
2018- Diamond
Wire Market is expected to grow at a significant CAGR in the
upcoming years as the scope, product types, and its applications are increasing
across the globe. Diamond Wire is a technology that ensures
environmentally-friendly water-based sawing procedure that cuts the element by
dual cutting speed associated with standard slurry cutting procedures. This
increases production output and significantly machine capacity.
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Additionally, Diamond wire is the modern and most
stimulating invention in the field of diamond cutting tools. In continuous
growth, a wire is used in extracting, as well as in slab-cutting with single-
or multi-wire machines, and in shaping and squaring natural stone (granite and
marble). Diamond wire cutting (DWC) is the procedure of using wire of numerous
lengths and diameters, impregnated with diamond powder of numerous sizes to cut
through materials. Due to the rigidity of diamonds, this cutting method can cut
through nearly any material that is easier than the diamond abrasive.
Diamond Wire Market is
categorized based on product type, applications, and geography. The market is
categorized based on product types such as Electroplated Diamond Wire, Resin
Diamond Wire. Diamond Wire Industry is categorized based on application into
Solar Silicon Cutting, LED Sapphire Cutting, Others.
Diamond Wire Market is
categorized based on geography into Asia Pacific (China, India, ASEAN,
Australia & New Zealand), Japan, Middle East and Africa (GCC countries, S.
Africa, Rest of MEA), North America (U.S., Canada), Latin America (Brazil, Rest
of Latin America), Western Europe (Germany, Italy, France, England, Spain, Rest
of Western Europe), and Eastern Europe (Poland, Russia, Rest of Eastern
Europe).
North America has been at the
forefront with regards to Diamond Wire Market and will continue to rule the
roost in the years to come. Some of the key players that fuel the growth of the
Diamond Wire Market include Sino-Crystal Diamond, A.L.M.T., READ, Asahi
Diamond, Diamond Pauper, SCHMID, Metron, Tony Tech, DIAT New Material,
Noritake, Nanjing Sanchao, Logomatic, Henan Yicheng, Nakamura Choukou, ILJIN
Diamond, Zhejiang Ruiyi. The key players are focusing on inorganic growth to
sustain themselves amidst fierce competition. As such, mergers, acquisitions,
and joint ventures are the need of the hour.
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