Machining Tool Steel Market, Global Outlook and Forecast 2024-2031

Report ID: 1211549 | Published Date: Jan 2025 | No. of Page: 128 | Base Year: 2024 | Rating: 3.9 | Webstory: Check our Web story

This report contains market size and forecasts of Machining Tool Steel in global, including the following market information:
Global Machining Tool Steel Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Machining Tool Steel Market Sales, 2017-2022, 2023-2028, (Kiloton)
Global top five Machining Tool Steel companies in 2021 (%)
The global Machining Tool Steel market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Hot-work Steel Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Machining Tool Steel include Nachi-Fujikoshi Corporation, Daido Steel, Voestalpine, Sandvik Materials Technology, Kennametal, Hudson Tool Steel, Erasteel, Friedr. Lohmann and Arcelormittal, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Machining Tool Steel manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Machining Tool Steel Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Machining Tool Steel Market Segment Percentages, by Type, 2021 (%)
Hot-work Steel
Cold-work Steel
Plastics Mold Steel
High Speed Steel
Others
Global Machining Tool Steel Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Machining Tool Steel Market Segment Percentages, by Application, 2021 (%)
Automotive Industry
Plastic Industry
Aerospace Industry
Energy Sector
Others
Global Machining Tool Steel Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Machining Tool Steel Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Machining Tool Steel revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Machining Tool Steel revenues share in global market, 2021 (%)
Key companies Machining Tool Steel sales in global market, 2017-2022 (Estimated), (Kiloton)
Key companies Machining Tool Steel sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Nachi-Fujikoshi Corporation
Daido Steel
Voestalpine
Sandvik Materials Technology
Kennametal
Hudson Tool Steel
Erasteel
Friedr. Lohmann
Arcelormittal
Thyssenkrupp
Tiangong International
Guhring
Heye Special Steel
Nippon Koshuha Steel
OSG Corporation
Carpenter
Graphite India
Tivoly
Crucible Industries
Dneprospetsstal
Jiangsu Fuda Special Steel
Feida Group
West Yorkshire Steel
Big Kaiser Precision Tooling
Onsurd

Frequently Asked Questions
Machining Tool Steel Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Machining Tool Steel Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Machining Tool Steel Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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