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【English Market Research Report】Brooch Tool Market

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The global market size for broaching tools is estimated to be 1.26 billion USD in 2023 and is projected to reach 1.75 billion USD by 2030, with a CAGR of 4.8% from 2023 to 2030. Broaching tools are specialized cutting tools used in manufacturing to create precise and complex internal or external shapes of workpieces. They consist of teeth or cutting edges arranged linearly along the tool body. During the broaching process, the tool pulls or pushes the workpiece to remove material in a single pass. This method is effective for creating keyways, splines, and other complex shapes in metals and other materials.

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