Sandvik Machining Solutions
Sandvik Machining Solutions primarily focuses on tools and tooling systems for metal cutting. The products are sold under a number of international brands, such as Sandvik Coromant, Seco Tools, Walter, Safety, Dormer* and Carboloy*.
* From 1 January 2013.
Market leader for advanced, productivity-enhancing products and solutions for metal cutting. The focus is on increasing customer productivity by providing products, services and applications know-how.
Customers include companies in the general engineering, aerospace and automotive industries, the energy sector, as well as the electronics and medical technology industries.
In 2012, the global market for metal-cutting tools as well as wear parts and components in cemented carbide and other hard materials was valued at approximately 165 billion SEK. Given the turbulence in the market in recent years, some increased degree of uncertainty surrounds estimations of the market's size. The average annual long-term growth has been 4-5%.