
Latest industry research report on Global Twist Drill Market 2016:Industry Size, Shares, Insights, Demand and Analysis to 2022. Twist Drill (also commonly referred to as twist bit) is a rotating cutting tool, used for cutting holes in rigid materials, that consists of an essentially conical point, relieved and fluted to form cutting lips, and spiral flutes which direct the chips away from the lips and toward ejection from the hole. Twist drills are the most common and easiest way to put a hole in steel, wood or other non-ferrous materials.