Tool refurbishment service refers to the activity of refurbishing completely worn or damaged tools to restore their original performance or to change them into tools for other purposes. Due to the large number of tools in machinery manufacturing enterprises, it is usually necessary to implement the recycling, classification and repair system of scrapped tools, so as to save metal materials, reduce costs and reduce the burden of tool workshops.
This report contains market size and forecasts of Tool Refurbishment Service in Global, including the following market information:
Global Tool Refurbishment Service Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Tool Refurbishment Service market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Cleaning Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Tool Refurbishment Service include Stanley, Tool Fabrication, Tool Room Services Inc, Kane, Global Tooling Solutions, HELLEBUSCH Tool and Die, Inc, TEN Group, Master Abrasives Ltd and SB Simpson, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Tool Refurbishment Service companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Tool Refurbishment Service Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Tool Refurbishment Service Market Segment Percentages, by Type, 2021 (%)
Cleaning
Epoxy Removal
Repair
Re-lube
Inspection
Packaging
Global Tool Refurbishment Service Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Tool Refurbishment Service Market Segment Percentages, by Application, 2021 (%)
Mold Tool
Thread Mills
Adjustable Reamers&Serrated Milling Cutters
Metal Cutting Tool
Indexable Tool
Global Tool Refurbishment Service Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Tool Refurbishment Service Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Tool Refurbishment Service revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Tool Refurbishment Service revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Stanley
Tool Fabrication
Tool Room Services Inc
Kane
Global Tooling Solutions
HELLEBUSCH Tool and Die, Inc
TEN Group
Master Abrasives Ltd
SB Simpson
Rhino Assembly
Bosch
Zygology