Tool Steel/Die Steel refers to a variety of carbon and alloy steels that are particularly well-suited to be made into tools. Tool steels are notable for their hardness, resistance to abrasion and deformation.
Market Analysis and Insights: Global Tool Steel & Die Steel Market
The global Tool Steel & Die Steel market is valued at US$ 4791 million in 2019. The market size will reach US$ 4629.7 million by the end of 2026, growing at a CAGR of 3.8% during 2021-2026.
Global Tool Steel & Die Steel Scope and Segment
Tool Steel & Die Steel market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Tool Steel & Die Steel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Carbon Tool Steel
Alloy Tool Steel
High Speed Tool Steel
Segment by Application
Automotive
Shipbuilding
Machinery
Others
By Company
Voestalpine
Schmolz + Bickenbach
Daido Steel
Sanyo Special Steel
Baowu
Nippon Koshuha Steel
Fushun Special Steel
TG
Hitachi
Crucible Industries
ArcelorMittal
Nachi-Fujikoshi
ERAMET
GMH Gruppe
Kind & Co.
Universal Stainless
Production by Region
North America
Europe
Japan
South Korea
China
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
On the basis of product
type, Alloy Tool Steel represent the largest share of the worldwide Tool Steel/Die Steel market, with 55.24% share.In the applications, the Automotive segment is estimated to be the largest end-use industry segment of the market in 2019, with 46.38% share of global market.Voestalpine occupies most of the world’s market, with the market share more than 20%.The Asia-Pacific holds the major share in the global market, with a share of 31.93%.Market Analysis and Insights: Global Tool Steel & Die Steel Market
The global Tool Steel & Die Steel market is valued at US$ 4791 million in 2019. The market size will reach US$ 4629.7 million by the end of 2026, growing at a CAGR of 3.8% during 2021-2026.
Global Tool Steel & Die Steel Scope and Segment
Tool Steel & Die Steel market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Tool Steel & Die Steel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Carbon Tool Steel
Alloy Tool Steel
High Speed Tool Steel
Segment by Application
Automotive
Shipbuilding
Machinery
Others
By Company
Voestalpine
Schmolz + Bickenbach
Daido Steel
Sanyo Special Steel
Baowu
Nippon Koshuha Steel
Fushun Special Steel
TG
Hitachi
Crucible Industries
ArcelorMittal
Nachi-Fujikoshi
ERAMET
GMH Gruppe
Kind & Co.
Universal Stainless
Production by Region
North America
Europe
Japan
South Korea
China
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.