Worldwide: The global ultra-hard cutting machine market was valued at US$730.0 million in 2015 and is expected to reach US$1.81 billion by the end of 2024, with its revenue expected to expand at a compound annual growth rate of 10.8 percent within a forecast period from 2016 to 2024, according to a research report released by Transparency Market Research.
Throughout history, materials and advances in material technology have influenced humankind. Now we just might be on the verge of the next shift in this type of technology, enabling products and functions we never believed possible. By Sandvik Coromant
Basic materials demand in China's industrial sector showed end-demand is "fairly stable," Credit Suisse analysts said in an Oct. 24 report, even suggesting "a slight improvement above normal seasonality.
APMEN interviewed Prof Dr Tim Hosenfeldt, senior VP, corporate innovation, Schaeffler, on the importance of material choice and the application of smart materials in the manufacturing and production sector.
The new M4256, M4257 and M4258 porcupine milling cutters are versatile in terms of both the range of applications and the materials for which they can be used, which include steel, cast iron, stainless steels, and difficult-to-cut materials.