Global Carbide Tools Market to Hit $18.37 Billion by 2030:

Portland,OR, Aug. 17, 2021 (GLOBE NEWSWIRE) — As per the report published by Allied Market Research, the global carbide tools market was pegged at $11.30 billion in 2020, and is expected to reach $18.37 billion by 2030, growing at a CAGR of 4.9% from 2021 to 2030.

Rise in consumption of consumer electronics and electrical devices, growth of the renewable energy industry, and increase in focus on product customizations for the automotive products have boosted the growth of the global carbide tools market. However, the U.S. and China trade war and fluctuations in foreign currencies hinder the market growth. On

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