Various types of lathe tools are used in part manufacturing, and each type has a distinct structure, material makeup, and function. Lathe-cutting tools are classified based on specific machining. They include:

Facing tool: This has a side cutting edge. It consists of two types: a right-hand facing tool functions on a workpiece’s right side, and a left-hand facing tool functions on the left.
Chamfering tool: It is made of carbide and has high-speed steel. Chamfering has subtypes: single-angle, variable angle, and indexable chamfer tool.
Thread cutting tool: There are two types: internal and external. The former creates a thread in a hole, while the latter creates a thread on the workpiece.
Forming tool: This tool is suitable for CNC precision machining. Forming tools are used to make parts that require high precision and accuracy.
Taper turning tool: This tool is suitable for enlarging and reducing the diameter of a workpiece. Taper tools are used to craft shafts, cones, and nozzles in different industries.
Grooving tool: These are applicable in making grooves on the surfaces of a cylindrical workpiece. Grooving tools come in different shapes depending on the lathe operation.