다결정 다이아몬드 컴팩트(PDC) 커터 시장 - 세계 산업 규모, 점유율, 동향, 기회, 예측, 유형별, 용도별, 사이즈별, 기술별, 지역별 부문, 경쟁(2020-2030년)
Polycrystalline Diamond Compact Cutter Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented, By Type, By Application, By Size, By Technology, By Region & Competition, 2020-2030F
상품코드:1691757
리서치사:TechSci Research
발행일:2025년 03월
페이지 정보:영문 180 Pages
라이선스 & 가격 (부가세 별도)
ㅁ Add-on 가능: 고객의 요청에 따라 일정한 범위 내에서 Customization이 가능합니다. 자세한 사항은 문의해 주시기 바랍니다.
한글목차
세계 다결정 다이아몬드 컴팩트(PDC) 커터 시장은 2024년 42억 3,000만 달러로 평가되었고, 예측 기간 동안 10.27%의 연평균 복합 성장률(CAGR)로 2030년에는 76억 7,000만 달러에 달할 것으로 예상됩니다.
다결정 다이아몬드 컴팩트(PDC) 커터 시장은 석유 및 가스, 광업, 건설 등의 산업에서 시추 작업에서 중요한 부품인 PDC 커터의 제조, 유통 및 응용에 초점을 맞춘 세계 산업을 포괄합니다. 고온 고압에서 소결된 합성 다이아몬드 입자를 사용하여 설계되었으며, 기존의 텅스텐 카바이드 및 천연 다이아몬드 공구와 비교하여 내마모성, 열 안정성, 절삭 효율이 우수한 초경 소재입니다.
Global Polycrystalline Diamond Compact Cutter Market was valued at USD 4.23 billion in 2024 and is expected to reach USD 7.67 billion by 2030 with a CAGR of 10.27% during the forecast period. The Polycrystalline Diamond Compact (PDC) Cutter Market encompasses the global industry focused on the manufacturing, distribution, and application of PDC cutters, which are critical components in drilling operations across industries such as oil & gas, mining, and construction. PDC cutters are engineered using synthetic diamond particles sintered together under high pressure and temperature, resulting in an ultra-hard material that offers superior wear resistance, thermal stability, and cutting efficiency compared to traditional tungsten carbide and natural diamond tools.
Market Overview
Forecast Period
2026-2030
Market Size 2024
USD 4.23 Billion
Market Size 2030
USD 7.67 Billion
CAGR 2025-2030
10.27%
Fastest Growing Segment
Steel Body
Largest Market
North America
Key Market Drivers
Rising Demand for Efficient Drilling Technologies in the Oil & Gas Industry
The increasing global demand for energy has led to extensive oil and gas exploration activities, driving the need for efficient drilling technologies. The Polycrystalline Diamond Compact (PDC) cutter market benefits significantly from this trend, as PDC cutters are widely used in drill bits for oil and gas exploration due to their superior wear resistance, durability, and cost-effectiveness. The shift towards deeper and more complex drilling operations, including ultra-deepwater and unconventional resources such as shale gas and tight oil, has further fueled the demand for high-performance drilling tools. Unlike traditional roller cone bits, PDC cutters offer higher penetration rates, longer lifespan, and reduced non-productive time (NPT), making them a preferred choice for drilling contractors.
With oil prices recovering and investments in exploration and production (E&P) activities increasing, particularly in regions like North America, the Middle East, and offshore Africa, the market for PDC cutters is expected to witness substantial growth. Additionally, advancements in cutter design, including thermally stable polycrystalline (TSP) materials and enhanced impact resistance, are further improving the performance of PDC cutters, making them more suitable for hard and abrasive formations. As energy companies focus on maximizing drilling efficiency and reducing operational costs, the adoption of PDC cutters is poised to expand, creating lucrative opportunities for manufacturers and suppliers in the market. Global spending on upstream oil and gas exploration and production is projected to reach around $500 billion in 2024, with a significant portion of this budget directed toward improving drilling efficiency and technology. By 2030, capital expenditures in the upstream oil and gas sector are expected to grow by 7% annually, largely driven by the adoption of advanced drilling technologies to enhance productivity and reduce operational costs.
Key Market Challenges
High Manufacturing Costs and Complex Production Processes
The Polycrystalline Diamond Compact (PDC) Cutter Market faces a significant challenge in the form of high manufacturing costs and complex production processes. PDC cutters, primarily used in oil & gas drilling and mining applications, require advanced materials and sophisticated fabrication techniques to achieve the necessary durability and cutting efficiency. The synthesis of PDC involves high-pressure, high-temperature (HPHT) sintering processes, where diamond grains are bonded together with a metallic binder, typically cobalt. This process is capital-intensive, requiring specialized equipment and highly controlled environments. Additionally, the cost of raw materials, particularly synthetic diamond powders and tungsten carbide substrates, remains high due to their demand and the energy-intensive nature of their production. Any fluctuations in material costs directly impact the overall pricing of PDC cutters, making affordability a key concern for end-users.
Beyond material costs, the intricate design and precision required in manufacturing add another layer of complexity. PDC cutters must exhibit high thermal stability, impact resistance, and wear resistance, requiring precise engineering to optimize cutter geometry, grain size distribution, and binder composition. Minor deviations in manufacturing can result in performance inconsistencies, leading to failures in critical drilling operations. These quality control measures not only increase production time but also demand skilled labor and specialized expertise, further driving up operational expenses.
Key Market Trends
Increasing Demand for PDC Cutters in Oil & Gas Exploration and Production
The rising global demand for oil and gas, coupled with the depletion of easily accessible reserves, has fueled the expansion of deepwater and ultra-deepwater exploration activities. This shift has significantly increased the demand for high-performance PDC cutters that can withstand the challenging conditions of offshore and unconventional drilling. PDC cutters are preferred in modern drilling operations due to their superior efficiency, longer operational life, and ability to drill through hard rock formations at higher penetration rates. The growing adoption of directional and horizontal drilling techniques has further driven the need for advanced PDC cutters, as they provide enhanced stability and wear resistance in these complex applications. Additionally, the shale revolution, particularly in North America, has led to an increased deployment of hydraulic fracturing (fracking) technologies, where PDC cutters play a crucial role in improving drilling economics. With advancements in drilling fluid compatibility and cutter cooling mechanisms, PDC cutters are now more effective in mitigating frictional heat, reducing bit wear, and ensuring higher rate of penetration (ROP). Furthermore, the transition toward digital drilling and automation has optimized bit design selection, allowing for real-time adjustments based on downhole data analytics. Oilfield service companies and drill bit manufacturers are focusing on continuous improvements in PDC cutter design to address the evolving challenges of unconventional drilling, such as longer lateral sections, extreme depths, and highly abrasive formations. With global energy demand on the rise and oil companies seeking cost-efficient drilling solutions, the market for PDC cutters is expected to grow steadily, supported by investments in exploration and production activities.
Key Market Players
Baker Hughes Company
Atlas Copco
Bit Brokers International Ltd.
Blast Hole Bit Company, LLC
Cangzhou Great Drill Bits Co., Ltd.
East West Machinery & Drilling
Epiroc AB,
Hejian Longyue Drill Bit Manufacture Co., Ltd,
Hejian Ruida Petroleum Material Co.,
Rockpecker Limited.
Report Scope:
In this report, the Global Polycrystalline Diamond Compact Cutter Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Polycrystalline Diamond Compact Cutter Market, By Type:
Matrix Body
Steel Body
Polycrystalline Diamond Compact Cutter Market, By Application:
Onshore Drilling
Offshore Drilling
Polycrystalline Diamond Compact Cutter Market, By Size:
Less than 8mm
9 mm to 16mm
17mm to 25mm
26mm to 50mm
More than 50mm
Polycrystalline Diamond Compact Cutter Market, By Technology:
Rolling Cutting Technology
Leaching Technology
Shaped Cutter Technology
Others
Polycrystalline Diamond Compact Cutter Market, By Region:
North America
United States
Canada
Mexico
Europe
France
United Kingdom
Italy
Germany
Spain
Asia-Pacific
China
India
Japan
Australia
South Korea
South America
Brazil
Argentina
Colombia
Middle East & Africa
South Africa
Saudi Arabia
UAE
Kuwait
Turkey
Competitive Landscape
Company Profiles: Detailed analysis of the major companies presents in the Global Polycrystalline Diamond Compact Cutter Market.
Available Customizations:
Global Polycrystalline Diamond Compact Cutter Market report with the given Market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
Detailed analysis and profiling of additional Market players (up to five).
Table of Contents
1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Formulation of the Scope
2.4. Assumptions and Limitations
2.5. Sources of Research
2.5.1. Secondary Research
2.5.2. Primary Research
2.6. Approach for the Market Study
2.6.1. The Bottom-Up Approach
2.6.2. The Top-Down Approach
2.7. Methodology Followed for Calculation of Market Size & Market Shares
2.8. Forecasting Methodology
2.8.1. Data Triangulation & Validation
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, and Trends
4. Voice of Customer
5. Global Polycrystalline Diamond Compact Cutter Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Type (Matrix Body and Steel Body)
5.2.2. By Application (Onshore Drilling and Offshore Drilling)
5.2.3. By Size (Less than 8mm, 9mm to 16mm, 17mm to 25mm, 26mm to 50mm, and More than 50mm)
5.2.4. By Technology (Rolling Cutting Technology, Leaching Technology, Shaped Cutter Technology, and Others)
5.2.5. By Region
5.3. By Company (2024)
5.4. Market Map
6. North America Polycrystalline Diamond Compact Cutter Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type
6.2.2. By Application
6.2.3. By Size
6.2.4. By Technology
6.2.5. By Country
6.3. North America: Country Analysis
6.3.1. United States Polycrystalline Diamond Compact Cutter Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Type
6.3.1.2.2. By Application
6.3.1.2.3. By Size
6.3.1.2.4. By Technology
6.3.2. Canada Polycrystalline Diamond Compact Cutter Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Type
6.3.2.2.2. By Application
6.3.2.2.3. By Size
6.3.2.2.4. By Technology
6.3.3. Mexico Polycrystalline Diamond Compact Cutter Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Type
6.3.3.2.2. By Application
6.3.3.2.3. By Size
6.3.3.2.4. By Technology
7. Europe Polycrystalline Diamond Compact Cutter Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Application
7.2.3. By Size
7.2.4. By Technology
7.2.5. By Country
7.3. Europe: Country Analysis
7.3.1. Germany Polycrystalline Diamond Compact Cutter Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Type
7.3.1.2.2. By Application
7.3.1.2.3. By Size
7.3.1.2.4. By Technology
7.3.2. United Kingdom Polycrystalline Diamond Compact Cutter Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Type
7.3.2.2.2. By Application
7.3.2.2.3. By Size
7.3.2.2.4. By Technology
7.3.3. Italy Polycrystalline Diamond Compact Cutter Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Type
7.3.3.2.2. By Application
7.3.3.2.3. By Size
7.3.3.2.4. By Technology
7.3.4. France Polycrystalline Diamond Compact Cutter Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Type
7.3.4.2.2. By Application
7.3.4.2.3. By Size
7.3.4.2.3. By Technology
7.3.5. Spain Polycrystalline Diamond Compact Cutter Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Type
7.3.5.2.2. By Application
7.3.5.2.3. By Size
7.3.5.2.4. By Technology
8. Asia-Pacific Polycrystalline Diamond Compact Cutter Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Application
8.2.3. By Size
8.2.4. By Technology
8.2.5. By Country
8.3. Asia-Pacific: Country Analysis
8.3.1. China Polycrystalline Diamond Compact Cutter Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Type
8.3.1.2.2. By Application
8.3.1.2.3. By Size
8.3.1.2.4. By Technology
8.3.2. India Polycrystalline Diamond Compact Cutter Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Type
8.3.2.2.2. By Application
8.3.2.2.3. By Size
8.3.2.2.4. By Technology
8.3.3. Japan Polycrystalline Diamond Compact Cutter Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Type
8.3.3.2.2. By Application
8.3.3.2.3. By Size
8.3.3.2.4. By Technology
8.3.4. South Korea Polycrystalline Diamond Compact Cutter Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Type
8.3.4.2.2. By Application
8.3.4.2.3. By Size
8.3.4.2.4. By Technology
8.3.5. Australia Polycrystalline Diamond Compact Cutter Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Type
8.3.5.2.2. By Application
8.3.5.2.3. By Size
8.3.5.2.4. By Technology
9. South America Polycrystalline Diamond Compact Cutter Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By Application
9.2.3. By Size
9.2.4. By Technology
9.2.5. By Country
9.3. South America: Country Analysis
9.3.1. Brazil Polycrystalline Diamond Compact Cutter Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Type
9.3.1.2.2. By Application
9.3.1.2.3. By Size
9.3.1.2.3. By Technology
9.3.2. Argentina Polycrystalline Diamond Compact Cutter Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Type
9.3.2.2.2. By Application
9.3.2.2.3. By Size
9.3.2.2.3. By Technology
9.3.3. Colombia Polycrystalline Diamond Compact Cutter Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Type
9.3.3.2.2. By Application
9.3.3.2.3. By Size
9.3.3.2.4. By Technology
10. Middle East and Africa Polycrystalline Diamond Compact Cutter Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Type
10.2.2. By Application
10.2.3. By Size
10.2.4. By Technology
10.2.5. By Country
10.3. Middle East and Africa: Country Analysis
10.3.1. South Africa Polycrystalline Diamond Compact Cutter Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Type
10.3.1.2.2. By Application
10.3.1.2.3. By Size
10.3.1.2.4. By Technology
10.3.2. Saudi Arabia Polycrystalline Diamond Compact Cutter Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Type
10.3.2.2.2. By Application
10.3.2.2.3. By Size
10.3.2.2.4. By Technology
10.3.3. UAE Polycrystalline Diamond Compact Cutter Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Type
10.3.3.2.2. By Application
10.3.3.2.3. By Size
10.3.3.2.4. By Technology
10.3.4. Kuwait Polycrystalline Diamond Compact Cutter Market Outlook
10.3.4.1. Market Size & Forecast
10.3.4.1.1. By Value
10.3.4.2. Market Share & Forecast
10.3.4.2.1. By Type
10.3.4.2.2. By Application
10.3.4.2.3. By Size
10.3.4.2.4. By Technology
10.3.5. Turkey Polycrystalline Diamond Compact Cutter Market Outlook
10.3.5.1. Market Size & Forecast
10.3.5.1.1. By Value
10.3.5.2. Market Share & Forecast
10.3.5.2.1. By Type
10.3.5.2.2. By Application
10.3.5.2.3. By Size
10.3.5.2.4. By Technology
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments
13. Company Profiles
13.1. Baker Hughes Company
13.1.1. Business Overview
13.1.2. Key Revenue and Financials
13.1.3. Recent Developments
13.1.4. Key Personnel/Key Contact Person
13.1.5. Key Product/Services Offered
13.2. Atlas Copco
13.3. Bit Brokers International Ltd.
13.4. Blast Hole Bit Company, LLC
13.5. Cangzhou Great Drill Bits Co., Ltd.
13.6. East West Machinery & Drilling
13.7. Epiroc AB,
13.8. Hejian Longyue Drill Bit Manufacture Co., Ltd,
