Global Taps and Dies
Market Report
2025
The global taps die market size will be USD 2125.6 million in 2025. Growth in manufacturing and construction sectors is expected to boost sales to USD 3022.81 million by 2033, with a Compound Annual Growth Rate (CAGR) of 4.50% from 2025 to 2033.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Taps dies market size will be USD 2125.6 million in 2025. It will expand at a compound annual growth rate (CAGR) of 4.50% from 2025 to 2033.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Taps and Dies Market Sales Revenue | 121212 | $ 2125.6 Million | 121212 | $ 3022.81 Million | 4.5% |
North America Taps and Dies Market Sales Revenue | 121212 | $ 616.42 Million | 121212 | $ 816.2 Million | 3.6% |
Mexico Taps and Dies Market Sales Revenue | 121212 | $ 56.09 Million | 121212 | 121212 | 4.1% |
Canada Taps and Dies Market Sales Revenue | 121212 | $ 73.97 Million | 121212 | 121212 | 4.4% |
United States Taps and Dies Market Sales Revenue | 121212 | $ 486.36 Million | 121212 | 121212 | 3.4% |
Europe Taps and Dies Market Sales Revenue | 121212 | $ 426.88 Million | 121212 | $ 997.5 Million | 3% |
Denmark Taps and Dies Market Sales Revenue | 121212 | $ 16.52 Million | 121212 | 121212 | 2.8% |
Germany Taps and Dies Market Sales Revenue | 121212 | $ 155.72 Million | 121212 | 121212 | 3.2% |
Sweden Taps and Dies Market Sales Revenue | 121212 | $ 24.38 Million | 121212 | 121212 | 3.1% |
France Taps and Dies Market Sales Revenue | 121212 | $ 72.36 Million | 121212 | 121212 | 2.2% |
Luxembourg Taps and Dies Market Sales Revenue | 121212 | $ 9.44 Million | 121212 | 121212 | 3.3% |
Spain Taps and Dies Market Sales Revenue | 121212 | $ 64.49 Million | 121212 | 121212 | 2.1% |
United Kingdom Taps and Dies Market Sales Revenue | 121212 | $ 132.13 Million | 121212 | 121212 | 3.8% |
Russia Taps and Dies Market Sales Revenue | 121212 | $ 121.9 Million | 121212 | 121212 | 2% |
Switzerland Taps and Dies Market Sales Revenue | 121212 | $ 11.8 Million | 121212 | 121212 | 2.7% |
Italy Taps and Dies Market Sales Revenue | 121212 | $ 67.64 Million | 121212 | 121212 | 2.4% |
Rest of Europe Taps and Dies Market Sales Revenue | 121212 | $ 110.11 Million | 121212 | 121212 | 1.7% |
Asia Pacific Taps and Dies Market Sales Revenue | 121212 | $ 510.14 Million | 121212 | $ 887.2 Million | 7.2% |
Singapore Taps and Dies Market Sales Revenue | 121212 | $ 10.2 Million | 121212 | 121212 | 7.5% |
China Taps and Dies Market Sales Revenue | 121212 | $ 214.26 Million | 121212 | 121212 | 6.7% |
Australia Taps and Dies Market Sales Revenue | 121212 | $ 26.53 Million | 121212 | 121212 | 6.5% |
Taiwan Taps and Dies Market Sales Revenue | 121212 | $ 19.9 Million | 121212 | 121212 | 7% |
India Taps and Dies Market Sales Revenue | 121212 | $ 51.01 Million | 121212 | 121212 | 9.1% |
South East Asia Taps and Dies Market Sales Revenue | 121212 | $ 33.67 Million | 121212 | 121212 | 8% |
Korea Taps and Dies Market Sales Revenue | 121212 | $ 61.22 Million | 121212 | 121212 | 6.3% |
Japan Taps and Dies Market Sales Revenue | 121212 | $ 70.4 Million | 121212 | 121212 | 5.7% |
Rest of APAC Taps and Dies Market Sales Revenue | 121212 | $ 22.96 Million | 121212 | 121212 | 7% |
South America Taps and Dies Market Sales Revenue | 121212 | $ 80.77 Million | 121212 | $ 120.9 Million | 5.2% |
Argentina Taps and Dies Market Sales Revenue | 121212 | $ 13.57 Million | 121212 | 121212 | 6.1% |
Brazil Taps and Dies Market Sales Revenue | 121212 | $ 34.57 Million | 121212 | 121212 | 5.8% |
Chile Taps and Dies Market Sales Revenue | 121212 | $ 5.82 Million | 121212 | 121212 | 5.5% |
Peru Taps and Dies Market Sales Revenue | 121212 | $ 6.62 Million | 121212 | 121212 | 5.4% |
Colombia Taps and Dies Market Sales Revenue | 121212 | $ 7.19 Million | 121212 | 121212 | 5% |
Rest of South America Taps and Dies Market Sales Revenue | 121212 | $ 13 Million | 121212 | 121212 | 4.3% |
Middle East and Africa Taps and Dies Market Sales Revenue | 121212 | $ 85.02 Million | 121212 | $ 133 Million | 5.8% |
Qatar Taps and Dies Market Sales Revenue | 121212 | $ 6.8 Million | 121212 | 121212 | 5.3% |
Saudi Arabia Taps and Dies Market Sales Revenue | 121212 | $ 29.93 Million | 121212 | 121212 | 6.1% |
Egypt Taps and Dies Market Sales Revenue | 121212 | $ 5.1 Million | 121212 | 121212 | 5.6% |
UAE Taps and Dies Market Sales Revenue | 121212 | $ 17.51 Million | 121212 | 121212 | 6.3% |
Turkey Taps and Dies Market Sales Revenue | 121212 | $ 6.8 Million | 121212 | 121212 | 6.4% |
Rest of MEA Taps and Dies Market Sales Revenue | 121212 | $ 18.88 Million | 121212 | 121212 | 5% |
Africa Taps and Dies Market Sales Revenue | 121212 | $ 46.76 Million | 121212 | $ 68 Million | 4.8% |
South Africa Taps and Dies Market Sales Revenue | 121212 | $ 16.46 Million | 121212 | 121212 | 5.7% |
Nigeria Taps and Dies Market Sales Revenue | 121212 | $ 3.74 Million | 121212 | 121212 | 5% |
Rest of Africa Taps and Dies Market Sales Revenue | 121212 | $ 26.56 Million | 121212 | 121212 | 4% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
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Report scope is customizable as we have a huge database of Taps and Dies industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Taps and Dies Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Taps and dies are hand and machine tools used to cut threads on cylindrical surfaces. Internal threads are created using taps, whereas external threads are created using dies. These tools have specially shaped cutting edges that produce precise and standardized threads with specific thread profiles and sizes. The ongoing expansion of the automotive industry is a key growth driver for the taps and dies market. As the automotive industry evolves and innovates, there is an ongoing demand for precision-engineered components and tools such as taps and dies, which are necessary for threading applications. The demand for electric and hybrid vehicles is also driving growth, as these vehicles require unique components that necessitate specialized manufacturing tools. Moreover, the growing emphasis on lightweight materials in automotive design is encouraging the use of advanced taps and dies made of high-speed and alloy steels, which is fueling market growth
The expansion of the global production quarter significantly boosts the taps and dies market. These tools are essential for producing threaded components, which are used in a wide range of industries, from automotive and aerospace to manufacturing and electronics. As industrialization accelerates, the demand for precision-engineered threaded components will rise, necessitating the use of excellent faucets and dies. This growth is being driven by advancements in manufacturing technology and the increasing complexity of products that require complex threading. The taps and dies market benefits from this trend reflect a broader sample of business expansion and innovation. As industries evolve and expand, there is an increasing demand for dependable and environmentally friendly threading solutions. For instance, in 2023, Milwaukee Tool introduced 125 new threading solutions, including taps and dies with precision-machined threads, to meet the growing demand for precise threading in a variety of metal applications. This significant product expansion demonstrates the company's commitment to innovation as manufacturing requirements become more complex in industries such as automotive, aerospace, and electronics.
https://www.designworldonline.com/milwaukee-tool-launches-new-new-taps-and-dies-program/
Infrastructure improvement, which includes the construction of roads, bridges, and homes, contributes significantly to the demand for taps and dies. These tools are necessary for the manufacture of threaded fasteners, which are used in a variety of construction applications. As infrastructure projects expand around the world, so will the demand for incredible threaded additives, boosting the demand for faucets and dies. The precision and dependability of that equipment ensure the consistent meeting of structural elements, which contributes to the stability and protection of infrastructure functions. With ongoing investments in infrastructure and urban development, the market for faucets and dies is expected to grow, reflecting the critical role that equipment plays in supporting large-scale manufacturing efforts and improving the strength of built structures
Economic fluctuations have a significant impact on the production region, which is a major customer of taps and dies. During economic downturns, decreased commercial activity and manufacturing quotes can reduce demand for this equipment. Manufacturing investments frequently fall as corporations cut costs and delay or scale back tasks, affecting the taps and dies market. In contrast, during times of economic expansion, increased industrial interest and higher production costs drive up demand for threaded additives, and thus faucets and dies. As a result, the market for these tools is inextricably linked to broader economic trends, with economic health having a significant impact on demand and business balance
Increased need for electric and hybrid vehicles is directly influencing the taps and dies market. As the automobile industry focuses on more environmentally friendly solutions to transportation, car makers need special parts to use in electric drivetrain systems and battery units. Taps and dies are essential for producing fine threads and fittings in these cutting-edge automotive components. This is being driven by the increased production of hybrid and electric vehicles, which necessitate high-quality tapping and die products to ensure efficiency and performance. As automakers ramp up production to meet environmental standards and consumer demand, demand for taps and dies specific to the electric vehicle industry is expected to rise, boosting growth in this specialty market.
The increased emphasis on sustainability and environmentally friendly manufacturing processes is having a huge influence on the taps and dies market. With industries becoming increasingly conscious of their carbon footprint, there is more demand for tools produced via eco-friendly techniques and materials. Companies are embracing greener manufacturing methods, including the use of recyclable material and minimizing waste throughout the manufacturing process. Further, coating and material innovations are giving rise to more efficient and longer-lasting taps and dies, which reduce energy usage and improve tool longevity. This trend not only helps companies meet regulatory requirements but also appeals to environmentally conscious consumers, driving demand for eco-friendly products in the taps and dies market. As sustainability gains importance, companies are expected to invest in more green practices and technologies.
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The Taps dies market is highly competitive, characterized by the presence of several global and regional players offering a wide range of products. Key companies in the market, such as Triump Twist Drill, Titex Tools, Guhring, Chicago Latrobe, OSG, And Michigan Drill., dominate through their extensive product portfolios, strong distribution networks, and focus on innovation.
In December 2022, Kennametal enhanced its modular drill portfolio with new technologies, including its GOdrill™ technology, for improved performance. https://www.kennametal.com/in/en/about-us/news/kennametal-expands-kentip-fs-modular-drill-portfolio.html In August 2024, Kennametal has announced its fourth quarter and fiscal 2024 results. The company spent $107.6 million on capital expenditures and returned $129 million to shareholders through share repurchases and dividends. https://investors.kennametal.com/news-releases/news-release-details/kennametal-reports-fiscal-2024-and-fourth-quarter-results
Top Companies Market Share in Taps and Dies Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2025. The taps and dies market in North America is expanding as a result of increased industrial activity, improved infrastructure, and advancements in manufacturing technology. Precision threading equipment is in high demand due to the region's strong manufacturing base and investments in the production and automobile industries. This growth is being driven by technological innovation and rising manufacturing demand across a wide range of industries.
Asia Pacific is expected to be the fastest-growing region, propelled by rapid industrialization and a thriving manufacturing sector. China and India, in particular, are major drivers of this growth, with significant investments in infrastructure and industrial projects. The region's strong emphasis on innovation and technology adoption is driving up the demand for high-quality taps and dies
The current report Scope analyzes Taps and Dies Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Taps dies market size was estimated at USD 43521.6 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 616.42 million in 2025 and will grow at a compound annual growth rate (CAGR) of 3.6% from 2025 to 2033.
According to Cognitive Market Research, the US had a major share in the Taps dies market with a market size of USD 486.36 million in 2025 and is projected to grow at a CAGR of 3.4% during the forecast period. The U.S. Market's strong demand for high-performance taps and dies .
The Canadian Taps dies market had a market share of USD 73.97 million in 2025 and is projected to grow at a CAGR of 4.4% during the forecast period. Canada’s advanced manufacturing techniques.
The Mexico Taps dies market is projected to witness growth at a CAGR of 4.1% during the forecast period, with a market size of USD 56.09 million in 2025..
According to Cognitive Market Research, the global Taps dies market size was estimated at USD 2125.6 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 786.47 million in 2025 and will grow at a compound annual growth rate (CAGR) of 3.0% from 2025 to 2033.
The United Kingdom Taps dies market had a market share of USD 132.13 million in 2025 and is projected to grow at a CAGR of 3.8% during the forecast period. In the UK, Taps dies sales witnessed an upswing due to focus on the automotive and industrial machinery sectors.
The France Taps dies market is projected to witness growth at a CAGR of 2.2% during the forecast period, with a market size of USD 72.36 million in 2025.
According to Cognitive Market Research, the German Taps dies market size was valued at USD 155.72 million in 2025 and is projected to grow at a CAGR of 3.2% during the forecast period. In Germany, sustainability and environmentally friendly manufacturing practices
The Italy Taps dies market is projected to witness growth at a CAGR of 2.4% during the forecast period, with a market size of USD 67.64 million in 2025.
The Russia Taps dies market is projected to witness growth at a CAGR of 2.0% during the forecast period, with a market size of USD 121.90 million in 2025
The Spain Taps dies market is projected to witness growth at a CAGR of 2.1% during the forecast period with a market size of USD 64.49 million in 2025
The Sweden Taps dies market is projected to witness growth at a CAGR of 3.1% during the forecast period, with a market size of USD 24.38 million in 2025.
The Denmark Taps dies market is projected to witness growth at a CAGR of 2.8% during the forecast period, with a market size of USD 16.52 million in 2025
The Switzerland Taps dies market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD 11.80 million in 2025.
The Luxembourg Taps dies market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD 9.44 million in 2025.
The Rest of Europe's Taps dies market is projected to witness growth at a CAGR of 1.7% during the forecast period, with a market size of USD 110.11 million in 2025.
According to Cognitive Market Research, the global Taps dies market size was estimated at USD 2125.6 Million, out of which APAC held the market share of around 23% of the global revenue with a market size of USD 510.14 million in 2025 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2025 to 2033.
According to Cognitive Market Research, the China Taps dies market size was valued at USD 214.26 million in 2025 and is projected to grow at a CAGR of 6.7% during the forecast period. Taps dies surged in China due to growing automotive and aerospace industries.
The Japan Taps dies market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 70.40 million in 2025
The South Korea Taps dies market had a market share of USD 61.22 million in 2025 and is projected to grow at a CAGR of 6.3% during the forecast period. India's rapid industrialization and urbanization
The Indian Taps dies market is projected to witness growth at a CAGR of 9.1% during the forecast period, with a market size of USD 51.01 million in 2025.
The Australian Taps dies market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 26.53 million in 2025.
The Singapore Taps dies market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 10.20 million in 2025.
The Taiwan Taps dies market is projected to witness growth at a CAGR of 7.0% during the forecast period, with a market size of USD 19.90 million in 2025.
The South East Asia Taps dies market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD 33.67 million in 2025.
The Rest of APAC Taps dies market is projected to witness growth at a CAGR of 7.0% during the forecast period, with a market size of USD 22.96 million in 2025.
According to Cognitive Market Research, the global Taps dies market size was estimated at USD 2125.6 Million, out of which South America held the market share of around 5% of the global revenue with a market size of USD 80.77 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2025 to 2033.
According to Cognitive Market Research, the Brazil Taps dies market size was valued at USD 34.57 million in 2025 and is projected to grow at a CAGR of 5.8% during the forecast period. Taps dies flourished in Brazil due to increasing trend of DIY projects among consumers .
Argentina's Taps dies market had a market share of USD 13.57 million in 2025 and is projected to grow at a CAGR of 6.1% during the forecast period. Argentina's upsurge in industrial activities.
Colombia Taps dies market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 7.19 million in 2025
Peru Taps dies market is projected to witness growth at a CAGR of 5.4% during the forecast period, with a market size of USD 6.62 million in 2025.
Chile Taps dies market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 5.82 million in 2025
The Rest of South America's Taps dies market is projected to witness growth at a CAGR of 4.3% during the forecast period, with a market size of USD 13.00 million in 2025.
According to Cognitive Market Research, the global Taps dies market size was estimated at USD 2125.6 Million, out of which the Middle East held the major market share of around 2% of the global revenue with a market size of USD 85.02 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.8% from 2025 to 2033..
The Qatar Taps dies market is projected to witness growth at a CAGR of 5.3% during the forecast period, with a market size of USD 6.80 million in 2025. Taps dies sales flourish due to the increasing production and maintenance activities.
The Saudi Arabia Taps dies market is projected to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD 29.93 million in 2025.
The Turkey Taps dies market is projected to witness growth at a CAGR of 6.4% during the forecast period, with a market size of USD 6.80 million in 2025. Taps dies sales flourished in Turkey due to growing oil and gas sector necessitates.
The UAE Taps dies market is projected to witness growth at a CAGR of 6.3% during the forecast period, with a market size of USD 17.51 million in 2025.
The Egypt Taps dies market is projected to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD 5.10 million in 2025.
The Rest of the Middle East Taps dies market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 18.88 million in 2025
According to Cognitive Market Research, the global Taps dies market size was estimated at USD 2125.6 Million, out of which the Africa held the major market share of around 2% of the global revenue with a market size of USD 46.76 million in 2025 and will grow at a compound annual growth rate (CAGR) of 4.8% from 2025 to 2033..
The Nigeria Taps dies market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 3.74 million in 2025. Taps dies sales flourish due to the industrialization and infrastructure growth in various countries .
The South Africa Taps dies market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 16.46 million in 2025.
The Rest of Africa Taps dies market is projected to witness growth at a CAGR of 4.0% during the forecast period, with a market size of USD 26.56 million in 2025.
Global Taps and Dies Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Taps and Dies Industry growth. Taps and Dies market has been segmented with the help of its Product Type Outlook:, Application Outlook: Sales Channel Outlook:, and others. Taps and Dies market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global Taps dies Market?
According to Cognitive Market Research, High-speed steel (HSS) is likely to dominate the Taps dies Market. High-speed steel (HSS) is a preferred material due to its high hardness, wear resistance, and ability to maintain toughness at high temperatures. These characteristics make HSS an excellent choice for manufacturing taps and dies for a variety of industrial applications. The growing demand for long-lasting and dependable tools in high-precision industries like aerospace and automotive is propelling the HSS segment forward.
Alloy Steel is the fastest-growing segment in the Taps dies Market. Alloy steel taps and dies are gaining popularity due to their improved properties, which include increased strength, toughness, and resistance to wear and corrosion. These properties make alloy steel an ideal choice for demanding applications where standard materials may fail. This segment's growth is being driven by innovations in alloy compositions and advanced manufacturing techniques, as industries seek more reliable solutions for challenging environments. Because of their precision and durability requirements, the aerospace and automotive industries are major users of alloy steel taps and dies
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According to Cognitive Market Research, the dominant category is industrial in the taps dies Market. The commercial quarter is driving growth in the faucets and dies market as global production activity increases. Industrial growth, such as automobile, aerospace, and manufacturing, drives the demand for unique threaded additives. This increased demand for dependable and high-quality tools expands the market for taps and dies, highlighting their critical role in cutting-edge industrial techniques.
The household and DIY category is the fastest-growing segment of the Taps and Die market. As more people undertake home improvement and repair projects, the household and DIY sectors contribute to the growth of the faucets and die market. Increased interest in DIY projects drives demand for threading equipment for various packages. As owners and hobbyists seek precise and long-lasting solutions, the market for faucets and dies in those industries is expanding.
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According to Cognitive Market Research, the Online segment holds the largest market share. Online stores have grown in popularity in recent years, owing to a growing demand for convenient and efficient shopping experiences. The rise of e-commerce platforms has allowed manufacturers and distributors to reach a larger customer base while offering a diverse range of products at competitive prices. This channel is especially appealing to small and medium-sized businesses looking for affordable solutions without sacrificing quality.
The retail sector is consistently the fastest-growing in the taps dies industry. This is due to increased consumer interest in home improvement and DIY projects, which has prompted more retail stores to stock a variety of taps and dies for use by professionals and hobbyists alike. The development of e-commerce has also increased retail sales by making it easier for consumers to purchase these items. Distributors, while still important, typically grow at a slower pace than the ever-changing retail environment
tenth_seg_desc {tenth_seg_desc_start} Conclusion
{tenth_seg_desc_end} 8th FAQ Frequently asked questions regarding the global Taps dies market {faq_start} {faq}What is the market size for the Taps dies market in 2025? {ans}The global market size for Taps dies in 2025 is USD 2125.6 million. {faq}What is the growth rate for the Taps dies market over the forecast period? {ans}The global Taps dies market is expected to grow with a CAGR of 4.50% over the projected period. {faq}Which is the leading region of the market for Taps dies? {ans}North America held a significant global Taps dies market revenue share in 2025. {faq}Which region is projected to detect the fastest growth in the Taps dies market over the forecast period? {ans}Asia-Pacific will witness the fastest growth of the global Taps dies market over the coming years. {faq}Which country will be leading in the Taps dies market in 2025? {ans}The US had the most significant global Taps dies market revenue share in 2025. {faq}What are the key drivers for the growth of the Taps dies market? {ans}The main driver of the growth of the Taps dies market is the increasing demand for manufacturing and construction sectors, infrastructure development and increase in industrialization, and manufacturing growth. {faq}Which is the significant Taps dies market segment by Application? {ans}The industrial category dominates the market. {faq_end} 11th Regional Insights {north_america_meta_description_start} North America Taps dies market size will be USD 616.42 million in 2025 and will grow at a compound annual growth rate (CAGR) of 3.6% from 2025 to 2033. North America has emerged as a prominent participant, and its sales revenue is estimated to reach USD 816.2 Million by 2033. This growth is mainly attributed to the demand for high-performance taps and dies. {north_america_meta_description_end} {north_america_report_title_start} North America Taps dies market size will be USD 616.42 million in 2025. {north_america_report_title_end} {north_america_start}
According to Cognitive Market Research, the global Taps dies market size was estimated at USD 43521.6 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 616.42 million in 2025 and will grow at a compound annual growth rate (CAGR) of 3.6% from 2025 to 2033.
According to Cognitive Market Research, the US had a major share in the Taps dies market with a market size of USD 486.36 million in 2025 and is projected to grow at a CAGR of 3.4% during the forecast period. The U.S. Market's strong demand for high-performance taps and dies .
The Canadian Taps dies market had a market share of USD 73.97 million in 2025 and is projected to grow at a CAGR of 4.4% during the forecast period. Canada’s advanced manufacturing techniques.
The Mexico Taps dies market is projected to witness growth at a CAGR of 4.1% during the forecast period, with a market size of USD 56.09 million in 2025..
{north_america_end} {north_america_market_drivers_start}
According to Cognitive Market Research, the global Taps dies market size was estimated at USD 2125.6 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 786.47 million in 2025 and will grow at a compound annual growth rate (CAGR) of 3.0% from 2025 to 2033.
The United Kingdom Taps dies market had a market share of USD 132.13 million in 2025 and is projected to grow at a CAGR of 3.8% during the forecast period. In the UK, Taps dies sales witnessed an upswing due to focus on the automotive and industrial machinery sectors.
The France Taps dies market is projected to witness growth at a CAGR of 2.2% during the forecast period, with a market size of USD 72.36 million in 2025.
According to Cognitive Market Research, the German Taps dies market size was valued at USD 155.72 million in 2025 and is projected to grow at a CAGR of 3.2% during the forecast period. In Germany, sustainability and environmentally friendly manufacturing practices
The Italy Taps dies market is projected to witness growth at a CAGR of 2.4% during the forecast period, with a market size of USD 67.64 million in 2025.
The Russia Taps dies market is projected to witness growth at a CAGR of 2.0% during the forecast period, with a market size of USD 121.90 million in 2025
The Spain Taps dies market is projected to witness growth at a CAGR of 2.1% during the forecast period with a market size of USD 64.49 million in 2025
The Sweden Taps dies market is projected to witness growth at a CAGR of 3.1% during the forecast period, with a market size of USD 24.38 million in 2025.
The Denmark Taps dies market is projected to witness growth at a CAGR of 2.8% during the forecast period, with a market size of USD 16.52 million in 2025
The Switzerland Taps dies market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD 11.80 million in 2025.
The Luxembourg Taps dies market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD 9.44 million in 2025.
The Rest of Europe's Taps dies market is projected to witness growth at a CAGR of 1.7% during the forecast period, with a market size of USD 110.11 million in 2025.
{europe_end} {europe_market_drivers_start}According to Cognitive Market Research, the global Taps dies market size was estimated at USD 2125.6 Million, out of which APAC held the market share of around 23% of the global revenue with a market size of USD 510.14 million in 2025 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2025 to 2033.<
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Conclusion
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Disclaimer:
Product Type Outlook: | Carbon Steel, High Speed Steel, Alloy Steel |
Application Outlook: | Industrial, Household, DIY |
Sales Channel Outlook: | Online, Retail, Distributors |
List of Competitors | Kennametal, Cleveland, Triump Twist Drill, Titex Tools, Guhring, Chicago Latrobe, OSG, Michigan Drill, Accupro, M.A. Ford, Atrax, Kyocera |
This chapter will help you gain GLOBAL Market Analysis of Taps and Dies. Further deep in this chapter, you will be able to review Global Taps and Dies Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Taps and Dies. Further deep in this chapter, you will be able to review North America Taps and Dies Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Taps and Dies. Further deep in this chapter, you will be able to review Europe Taps and Dies Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Taps and Dies. Further deep in this chapter, you will be able to review Asia Pacific Taps and Dies Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Taps and Dies. Further deep in this chapter, you will be able to review South America Taps and Dies Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Taps and Dies. Further deep in this chapter, you will be able to review Middle East Taps and Dies Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Taps and Dies. Further deep in this chapter, you will be able to review Middle East Taps and Dies Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Taps and Dies. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Type Outlook: Analysis 2019 -2031, will provide market size split by Product Type Outlook:. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Type Outlook: Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Outlook: Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Sales Channel Outlook: Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Taps and Dies market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Carbon Steel have a significant impact on Taps and Dies market? |
What are the key factors affecting the Carbon Steel and High Speed Steel of Taps and Dies Market? |
What is the CAGR/Growth Rate of Industrial during the forecast period? |
By type, which segment accounted for largest share of the global Taps and Dies Market? |
Which region is expected to dominate the global Taps and Dies Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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