The company is the fourth-largest carbide manufacturer globally and a world leader in industrial applications such as wear protection, wood, and stone working.

[5][6][11] After the merger of Cerametal and Plansee Tizit to form Ceratizit S.A. in 2002,[8][9][11] the company opened sales offices in Brazil, Poland, Hungary, and the Czech Republic in 2003.

In 2007, Ceratizit acquired the privately held company Newcomer Products, Inc., based in Latrobe, Pennsylvania.

[12] In 2008, the Plansee Group acquired the American company Global Tungsten & Powders Corp.

[21] In March 2021, the Plansee Group, which had previously held 50% of the shares in Ceratizit, became the majority owner.

[24] In 2019, the Ceratizit Group generated a revenue of 1.2 billion euros and employed 7,200 people worldwide in 2020.

[1] Ceratizit S.A. operates 30 production sites across Europe, North and Central America, and Asia and maintains sales offices in 42 countries.

[3] Their products are used in various industries such as construction, metalworking, material processing, oil, gas, mining, general machinery, automotive, food, medical, defense, transportation, agriculture and aerospace.

[30][31] For example, Ceratizit produces carbide grades certified for contact with food,[32] specialized tools for areas like e-motors and defense,[33][34] and components for prosthetics and orthopedic parts.

[7] In this process, the company group buys carbide based on the current market price and provides collection containers as well as transportation.