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Tool Steel Market

Tool Steel - Global Market Outlook (2018-2027)

4.4 (78 reviews)
Published: December 2019 ID: SMRC18809
4.4 (78 reviews)
Published: December 2019 ID: SMRC18809

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Tool Steel Market is accounted for $5.04 billion in 2018 and is expected to reach $8.45 billion by 2027 growing at a CAGR of 5.9% during the forecast period. Rising growth of the manufacturing sector and increasing investments in infrastructure projects in developed countries are the major factors driving the market growth. However, the growing use of carbide-based cutting tools for cutting hard material is restraining market growth.

Tool steel refers to a variety of carbon and alloy steels that are particularly well-suited to be made into tools. Their suitability comes from their distinctive hardness, resistance to abrasion and deformation, and their ability to hold a cutting edge at elevated temperatures. As a result, tool steels are suited for use in the shaping of other materials. 

Based on the end-user, the automotive segment is likely to have a huge demand due to the increasing expansion of the automotive industry, the introduction of new innovations and customized requirements of the automotive applications in the formation of tools and dies used for forming and working for plastic components. By geography, Asia Pacific is going to have a lucrative growth during the forecast period owing to increasing demand for residential as well as commercial buildings and rising investments across India, China and Japan.

Some of the key players profiled in the Tool Steel Market includeFushun Special Steel, TG, Schmolz + Bickenbach, Nachi-Fujikoshi, BaoSteel, Hudson Tool Steel, Voestalpine, ERAMET, Hitachi, Sandvik, Qilu Special Steel, and Universal Stainless.

Materials Covered:
• Vanadium
• Tungsten
• Molybdenum
• Chromium  

Processes Covered:
• Forged
• Rolled 

Products Covered:
• Plastic Mold 
• Hot Work 
• High Speed 
• Cold Work 
• Carbon Tool Steel 
• Alloy Tool Steel 
• Shock-Resisting 
• Water-Hardening 
• Special Purpose 

Applications Covered:
• Injection Molding
• Die Work
• Forging

End Users Covered:
• Electrical and Electronics 
• Manufacturing 
• Food and Packaging 
• Automotive 
• Defense and Aerospace 
• Ship Building 
• Machinery
 
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliance

1 Executive Summary         
           
2 Preface 
        
 2.1 Abstract         
 2.2 Stake Holders        
 2.3 Research Scope        
 2.4 Research Methodology       
  2.4.1 Data Mining       
  2.4.2 Data Analysis       
  2.4.3 Data Validation       
  2.4.4 Research Approach       
 2.5 Research Sources        
  2.5.1 Primary Research Sources      
  2.5.2 Secondary Research Sources      
  2.5.3 Assumptions       
           
3 Market Trend Analysis        
 3.1 Introduction        
 3.2 Drivers         
 3.3 Restraints        
 3.4 Opportunities        
 3.5 Threats         
 3.6 Product Analysis        
 3.7 Application Analysis       
 3.8 End User Analysis        
 3.9 Emerging Markets        
 3.10 Futuristic Market Scenario       
           
4 Porters Five Force Analysis        
 4.1 Bargaining power of suppliers       
 4.2 Bargaining power of buyers       
 4.3 Threat of substitutes       
 4.4 Threat of new entrants       
 4.5 Competitive rivalry        
           
5 Global Tool Steel Market, By Material       
 5.1 Introduction        
 5.2 Vanadium        
 5.3 Tungsten         
 5.4 Molybdenum        
 5.5 Chromium        
           
6 Global Tool Steel Market, By Process       
 6.1 Introduction        
 6.2 Forged         
 6.3 Rolled         
           
7 Global Tool Steel Market, By Product       
 7.1 Introduction        
 7.2 Plastic Mold        
 7.3 Hot Work         
 7.4 High Speed        
 7.5 Cold Work        
 7.6 Carbon Tool Steel        
 7.7 Alloy Tool Steel        
 7.8 Shock-Resisting        
 7.9 Water-Hardening        
 7.10 Special Purpose        
           
8 Global Tool Steel Market, By Application       
 8.1 Introduction        
 8.2 Injection Molding        
 8.3 Die Work         
 8.4 Forging         
           
9 Global Tool Steel Market, By End User       
 9.1 Introduction        
 9.2 Electrical and Electronics       
 9.3 Manufacturing        
 9.4 Food and Packaging        
 9.5 Automotive        
 9.6 Defense and Aerospace       
 9.7 Ship Building        
 9.8 Machinery        
           
10 Global Tool Steel Market, By Geography       
 10.1 Introduction        
 10.2 North America        
  10.2.1 US        
  10.2.2 Canada        
  10.2.3 Mexico        
 10.3 Europe         
  10.3.1 Germany        
  10.3.2 UK        
  10.3.3 Italy        
  10.3.4 France        
  10.3.5 Spain        
  10.3.6 Rest of Europe       
 10.4 Asia Pacific        
  10.4.1 Japan        
  10.4.2 China        
  10.4.3 India        
  10.4.4 Australia        
  10.4.5 New Zealand       
  10.4.6 South Korea       
  10.4.7 Rest of Asia Pacific       
 10.5 South America        
  10.5.1 Argentina       
  10.5.2 Brazil        
  10.5.3 Chile        
  10.5.4 Rest of South America      
 10.6 Middle East & Africa       
  10.6.1 Saudi Arabia       
  10.6.2 UAE        
  10.6.3 Qatar        
  10.6.4 South Africa       
  10.6.5 Rest of Middle East & Africa      
           
11 Key Developments         
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures    
 11.2 Acquisitions & Mergers       
 11.3 New Product Launch       
 11.4 Expansions        
 11.5 Other Key Strategies       
           
12 Company Profiling         
 12.1 Fushun Special Steel       
 12.2 TG         
 12.3 Schmolz + Bickenbach       
 12.4 Nachi-Fujikoshi        
 12.5 BaoSteel         
 12.6 Hudson Tool Steel        
 12.7 Voestalpine        
 12.8 ERAMET         
 12.9 Hitachi         
 12.10 Sandvik         
 12.11 Qilu Special Steel        
 12.12 Universal Stainless        


List of Tables          
1 Global Tool Steel Market Outlook, By Region (2017-2027) (US $MN)     
2 Global Tool Steel Market Outlook, By Material (2017-2027) (US $MN)     
3 Global Tool Steel Market Outlook, By Vanadium (2017-2027) (US $MN)     
4 Global Tool Steel Market Outlook, By Tungsten (2017-2027) (US $MN)     
5 Global Tool Steel Market Outlook, By Molybdenum (2017-2027) (US $MN)    
6 Global Tool Steel Market Outlook, By Chromium (2017-2027) (US $MN)     
7 Global Tool Steel Market Outlook, By Process (2017-2027) (US $MN)     
8 Global Tool Steel Market Outlook, By Forged (2017-2027) (US $MN)     
9 Global Tool Steel Market Outlook, By Rolled (2017-2027) (US $MN)     
10 Global Tool Steel Market Outlook, By Product (2017-2027) (US $MN)     
11 Global Tool Steel Market Outlook, By Plastic Mold (2017-2027) (US $MN)     
12 Global Tool Steel Market Outlook, By Hot Work (2017-2027) (US $MN)     
13 Global Tool Steel Market Outlook, By High Speed (2017-2027) (US $MN)     
14 Global Tool Steel Market Outlook, By Cold Work (2017-2027) (US $MN)     
15 Global Tool Steel Market Outlook, By Carbon Tool Steel (2017-2027) (US $MN)    
16 Global Tool Steel Market Outlook, By Alloy Tool Steel (2017-2027) (US $MN)    
17 Global Tool Steel Market Outlook, By Shock-Resisting (2017-2027) (US $MN)    
18 Global Tool Steel Market Outlook, By Water-Hardening (2017-2027) (US $MN)    
19 Global Tool Steel Market Outlook, By Special Purpose (2017-2027) (US $MN)    
20 Global Tool Steel Market Outlook, By Application (2017-2027) (US $MN)     
21 Global Tool Steel Market Outlook, By Injection Molding (2017-2027) (US $MN)    
22 Global Tool Steel Market Outlook, By Die Work (2017-2027) (US $MN)     
23 Global Tool Steel Market Outlook, By Forging (2017-2027) (US $MN)     
24 Global Tool Steel Market Outlook, By End User (2017-2027) (US $MN)     
25 Global Tool Steel Market Outlook, By Electrical and Electronics (2017-2027) (US $MN)   
26 Global Tool Steel Market Outlook, By Manufacturing (2017-2027) (US $MN)    
27 Global Tool Steel Market Outlook, By Food and Packaging (2017-2027) (US $MN)    
28 Global Tool Steel Market Outlook, By Automotive (2017-2027) (US $MN)     
29 Global Tool Steel Market Outlook, By Defense and Aerospace (2017-2027) (US $MN)   
30 Global Tool Steel Market Outlook, By Ship Building (2017-2027) (US $MN)    
31 Global Tool Steel Market Outlook, By Machinery (2017-2027) (US $MN)     
           
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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