Tool reconditioning refers to the activity of reconditioning completely worn or damaged tools to restore their original performance or to change them into tools for other purposes. Due to the large number of tools in machinery manufacturing enterprises, it is usually necessary to implement the recycling, classification and repair system of scrapped tools, so as to save metal materials, reduce costs and reduce the burden of tool workshops.

Market Analysis and Insights: Global Tool Reconditioning Service Market
The global Tool Reconditioning Service market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
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Global Tool Reconditioning Service Scope and Market Size
Tool Reconditioning Service market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Tool Reconditioning Service market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Cleaning
Lubricating
Shaping

Segment by Application
Eletronic Cutting Pliers
Diagonal and Side Cutting Pliers
Crimping Tools
Tweezers
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
WIDIA
SECO Tools
Guhring, Inc
Liebherr
W.W. Grainger, Inc
Core Cutter LLC
Hartland Cutting Tools, Inc
FRAISA USA, Inc
RTS Cutting Tools
Cline Tool
Conical Tool Company
APEX Cutting Tools
POKOLM
Emuge Corporation