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Global Drill Bits Trends Industry

  • January 2014
  • -
  • Global Industry Analysts
  • -
  • 26 pages

The report analyzes and presents an overview of Drill Bits market worldwide. "Drill bits are sometimes also known as metal bits, since the tools are offered in different varieties of metals. Drill bits are attached to a tool, known as the drill machine, which rotates the bits and provides substantial axial force as well as torque for drilling holes on the surface.

Drill bits are developed using different types of materials, with carbides and steel being the most common materials used."

The report also provides a review of classification of Drill Bits both by materials used as well as applications along with strategic industry activities of major companies worldwide. In addition, 80 companies operating in the Drill Bits arena worldwide including Atlas Copco Secoroc AB, Baker Hughes Inc., Cangzhou Great Drill Co. Ltd., Driltec LLC, ESCO Corporation, Halliburton Company, Irwin Industrial Tool Company, NewTech Drilling Products LLC, Robert Bosch Tool Corporation, Varel International Inc., and others are profiled.

Table Of Contents

Global Drill Bits Trends Industry


Drill Bits - An Introduction

Drill Bits - Common Materials and Coatings Used

Drill Bits - Classification

Classification by Material Used

HSS Drill Bits

Cobalt Drill Bits

Diamond Core Drill Bits

Polycrystalline Diamond Compact (PDC) Drill Bits

Carbide-Tipped Drill Bits

Classification by Application

Concrete Drill Bits

Plastic Drill Bits

Composite Drill Bits


Atlas Copco Takes Over Majority Stake in Shandong Rock Drilling Tools

Atlas Copco to Take Over NewTech Drilling Products

ESCO Take Over Ulterra Drilling Technologies

ESIP Energy and Varel International Form Joint Venture

HTT-Tools Receives Quality Certification from Association - Prufgemeinschaft Mauerbohrer

Varel NTS Establishes New PDC Drill Bit Production Facility

Affinity Tool Works Inks Agreement with FISH Tools

Varel International Acquires Rotary Percussion System from Renegade Drilling Tools

Schlumberger Merges with Smith International


Smith Bits Unveils Stinger Polycrystalline Diamond Element

Berntsen International Introduces New Range of Drill Bits

Halliburton Launches MegaForce Drill Bits

Schlumberger Introduces Viking Bits Range of Drill Bits

Alaskan Energy Resources Introduces New Range of Encore DDS Drill Bits

Festool Introduces ZOBO Forstner-style Drill Bit Range

Varel International and Downhole Products Co-Develop CaseBitâ„¢ Casing Drill Bit Portfolio

DEWALT Introduces New Range of Industrial Cobalt Drill Bits

IRWIN® Tools Unveils SpeedHammer Power SDS-plus® Masonry Bits


Advantage Drills, Inc. (USA)

Aker Solutions ASA (Norway)

Amana Tool (USA)

Atlas Copco AB (Sweden)

Atlas Copco Secoroc AB (Sweden)

Axis Oilfield Components Pvt., Ltd. (India)

BandA Manufacturing Company (USA)

Baker Hughes, Inc. (USA)

Beijing Prodemo Industries Ltd. (China)

Black and Decker Corporation (USA)

Bluefire Equipment Corporation (USA)

Cangzhou Great Drill Co., Ltd. (China)

Danyang Tongyu Tools Co., Ltd. (China)

Dewalt Industrial Tool Company (USA)

DreBo Werkzeugfabrik GmbH (Germany)

Drilformance (USA)

Drillwell Ltd. (UK)

Driltec LLC (USA)

Durpoten Machinery Equipments Co., Ltd. (China)

ESCO Corporation (USA)

FANGDA Holding Co., Ltd. (China)

G.T. International Co., Ltd. (China)

GeoGem Ltd. (UK)

Greenfield Industries, Inc. (USA)

Guizhou Sinodrills Equipment Co., Ltd. (China)

Guizhou Viton Industrial Co., Ltd. (China)

Halliburton Company (USA)

Hangzhou FANXI Tools Co., Ltd. (China)

Henan Zhongmei Drill Tool Co., Ltd. (China)

ICS Cutting Tools, Inc. (USA)

International Tool Manufacturing Corporation (USA)

Irwin Industrial Tool Company (USA)

ITC Industries (USA)

ITW Heller GmbH (Germany)

Izar Cutting Tools Sal (Spain)

Jiangsu Feida Drills Co., Ltd. (China)

Jiangsu Xinmeida Tools Co., Ltd. (China)

KGR Industries (India)

Kingdream Public Ltd., Company (China)

Laxmi Rock Drills (India)

Lone Star Drill Bits (USA)

Meeng Gang Enterprise Co., Ltd. (Taiwan)

Metabowerke GmbH (Germany)

Miranda Tools Pvt., Ltd. (India)

Nachi-Fujikoshi Corporation (Japan)

National Oilwell Varco (USA)

NewTech Drilling Products LLC (USA)

OSTAR Tools Co., Ltd. (China)

Palmer Bit Company (USA)

Perfect Tooling Systems (India)

Philadelphia Carbide Company (USA)

PortaCo, Inc. (USA)

Regal Cutting Tools (USA)

Robert Bosch Tool Corporation (USA)

Rockbit Industries (Canada)

Rockmore International, Inc. (USA)

Rockpecker Ltd. (UK)

Rock-Tech International (USA)

Royce-Ayr Cutting Tools, Inc. (Canada)

Sandvik Coromant (Sweden)

SINOLITE Tools Ltd. (China)

Spartan Tool Company, Inc. (USA)

Super Tool, Inc. (USA)

Swastic Drilling Co., Ltd. (India)

Technidrill (France)

Tera Autotech Corporation (Taiwan)

Tercel (UAE)

The Miller Dowel Company (USA)

Topoint Technology Co., Ltd. (Taiwan)

Torquato Drilling Accessories, Inc. (USA)

Unimate Heavy Industry Co., Ltd. (China)

Varel International, Inc. (USA)

Viking Drill and Tool (USA)

Volgaburmash (Russia)

W.P.W. Engineering Ltd. (Israel)

Wemaro Tools GmbH (Germany)

Westcut Tool Co., Ltd. (UK)

XI'an Jinshuo Super Hard Burnisher Co., Ltd. (China)

Yangzhou Jiangwei Tool Co., Ltd. (China)

Zhida Hardware Co., Ltd. (China)


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