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The hacksaw blades market size is forecast to increase by USD 291.1 billion at a CAGR of 4.58% between 2023 and 2028. The market is witnessing significant growth due to the expanding residential and commercial construction sector. The rapid urbanization in the US has led to an increase in demand for various building materials, including hacksaw blades. Brass and aluminum blades remain popular choices for cutting through various materials such as OSB wood panels, plywood, solid wood, timber, and kerfs in wood. Additionally, there is a growing trend towards sustainable materials, with hacksaw blades made from polystyrene, bamboo , and other eco-friendly alternatives gaining traction. Online sales are also on the rise, offering convenience and accessibility to consumers. However, the market is faced with challenges such as volatility in raw material prices, particularly for brass and aluminum, which can impact the profitability of manufacturers.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Material
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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