Market Overview:
The global special steel for mold market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for plastic mold steel from the automotive and construction industries, and the growing demand for hot rolled mold steel in Asia Pacific. The global special steel for mold market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into hot rolled mold steel, cold rolled mold steel, and plastic moldedsteel. Hot rolled Mold Steel is further classified into carbon tool steels (AISI/SAE 10xx series), alloy tool steels (AISI/SAE 4xxx series), high-speed tool steels (AISI/SAE 6xxx series), stainless chromium-nickel alloys (AISI/SAE 400series) low alloy structural steels(ASTM A572 Gr 50). Cold Rolled Mold Steel is further classified into carbon structural grades(ASTM A36 & ASTM A572 Gr 50)and low alloy grades(ASTM A514 & ASTM A588).
Product Definition:
A steel alloy that is designed to have improved properties for use in the manufacture of molds and dies. Special steel for mold has a higher resistance to wear and tear, as well as a greater ability to withstand heat and pressure, than other types of steel. This makes it ideal for use in the production of molds and dies that are subjected to heavy use or repeated heating and cooling.
Hot Rolled Mold Steel:
Hot rolled mold steel is one of the important materials used in the manufacturing of metal parts for various industries such as automotive, construction equipment, and consumer goods. The global hot rolled mold steel market size was valued at USD 1.22 billion in 2015 and is expected to grow significantly over the forecast period owing to its rising demand from end-use industries.
Cold Rolled Mold Steel:
Cold rolled mold steel is one of the special steels which are used in manufacturing parts and components of automotive, construction equipment, farm machinery and tools. It has better mechanical properties such as high tensile strength, good fatigue resistance at low temperatures along with excellent formability. The product also provides easy recycling capabilities unlike other carbon steel products which makes it more preferable by end-users.
Application Insights:
The mechanical equipment application segment led the market and accounted for more than 30.0% share of the global revenue in 2017. The product is widely used in various types of machines, including air compressors, gas turbines, heat exchangers, etc., owing to its excellent properties such as high strength and good surface finish. In addition, it also has a low level of carbonation when compared with other mold steels; this makes it suitable for use in gas turbine components that are exposed to high temperatures during operation or maintenance.
Special steel offers better wear resistance as compared to conventional mold steels; this property allows manufacturers to design complex parts with sharp edges or points without having any problems related to breakage or chipping off during machining operations.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to rapid industrialization and increasing per capita income of consumers. In addition, rising investments by foreign players in this region are anticipated to drive demand for special steel for mold production over the next eight years.
The Asia Pacific was followed by Europe, which accounted for a revenue share of more than 20% in 2017 on account of high product demand from automotive and aerospace industries as well as construction sector across countries including Germany, France, Italy and U.K., among others. Moreover, presence of major manufacturers including DAF Trucks BV; PSA Peugeot Citroen; AUDI AG; Volkswagen Group; BMW AG amongst others is likely to support regional market growth during the forecast period from 2018 to 2030 (estimated).
Growth Factors:
- Growing demand from the automotive and aerospace industries
- Increasing use of special steel in construction and infrastructure projects
- Rising popularity of lightweight special steels in manufacturing
- Proliferation of new alloys and grades to meet specific needs
- Technological advancements that improve the performance and durability of special steel
Scope Of The Report
Report Attributes
Report Details
Report Title
Special Steel for Mold Market Research Report
By Type
Hot Rolled Mold Steel, Cold Rolled Mold Steel, Plastic Mold Steel
By Application
Mechanical Equipment, Industrial, Construction, Others
By Companies
Hitachi Metal, Daido Steel, Baowu, Buderus, Koshuha, ASSAB GROUP, Arcelor Group, Aubert & Duval, Nachi Fujikoshi, Sanyo Special Steel, A. Finkl & Sons Steel, Böhler, Scana, Dongbei Special Steel Group, Qilu Special Steel Co., Ltd., Tiangong Guoji, Changcheng Special Steel
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Special Steel for Mold Market Report Segments:
The global Special Steel for Mold market is segmented on the basis of:
Types
Hot Rolled Mold Steel, Cold Rolled Mold Steel, Plastic Mold Steel
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mechanical Equipment, Industrial, Construction, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hitachi Metal
- Daido Steel
- Baowu
- Buderus
- Koshuha
- ASSAB GROUP
- Arcelor Group
- Aubert & Duval
- Nachi Fujikoshi
- Sanyo Special Steel
- A. Finkl & Sons Steel
- Böhler
- Scana
- Dongbei Special Steel Group
- Qilu Special Steel Co., Ltd.
- Tiangong Guoji
- Changcheng Special Steel
Highlights of The Special Steel for Mold Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hot Rolled Mold Steel
- Cold Rolled Mold Steel
- Plastic Mold Steel
- By Application:
- Mechanical Equipment
- Industrial
- Construction
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Special Steel for Mold Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Special steel is used for mold because it has a high strength-to-weight ratio and can withstand high temperatures. It is also corrosion resistant, which makes it ideal for use in manufacturing environments where chemicals and other materials may be present.
Some of the key players operating in the special steel for mold market are Hitachi Metal, Daido Steel, Baowu, Buderus, Koshuha, ASSAB GROUP, Arcelor Group, Aubert & Duval, Nachi Fujikoshi, Sanyo Special Steel, A. Finkl & Sons Steel, B¶hler, Scana, Dongbei Special Steel Group, Qilu Special Steel Co., Ltd., Tiangong Guoji, Changcheng Special Steel.
The special steel for mold market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Special Steel for Mold Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Special Steel for Mold Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Special Steel for Mold Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Special Steel for Mold Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Special Steel for Mold Market Size & Forecast, 2020-2028
4.5.1 Special Steel for Mold Market Size and Y-o-Y Growth
4.5.2 Special Steel for Mold Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Hot Rolled Mold Steel
5.2.2 Cold Rolled Mold Steel
5.2.3 Plastic Mold Steel
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Mechanical Equipment
6.2.2 Industrial
6.2.3 Construction
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Special Steel for Mold Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Special Steel for Mold Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Hot Rolled Mold Steel
9.6.2 Cold Rolled Mold Steel
9.6.3 Plastic Mold Steel
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Mechanical Equipment
9.10.2 Industrial
9.10.3 Construction
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Hot Rolled Mold Steel
10.6.2 Cold Rolled Mold Steel
10.6.3 Plastic Mold Steel
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Mechanical Equipment
10.10.2 Industrial
10.10.3 Construction
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Hot Rolled Mold Steel
11.6.2 Cold Rolled Mold Steel
11.6.3 Plastic Mold Steel
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Mechanical Equipment
11.10.2 Industrial
11.10.3 Construction
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Hot Rolled Mold Steel
12.6.2 Cold Rolled Mold Steel
12.6.3 Plastic Mold Steel
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Mechanical Equipment
12.10.2 Industrial
12.10.3 Construction
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Hot Rolled Mold Steel
13.6.2 Cold Rolled Mold Steel
13.6.3 Plastic Mold Steel
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Mechanical Equipment
13.10.2 Industrial
13.10.3 Construction
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Special Steel for Mold Market: Competitive Dashboard
14.2 Global Special Steel for Mold Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hitachi Metal
14.3.2 Daido Steel
14.3.3 Baowu
14.3.4 Buderus
14.3.5 Koshuha
14.3.6 ASSAB GROUP
14.3.7 Arcelor Group
14.3.8 Aubert & Duval
14.3.9 Nachi Fujikoshi
14.3.10 Sanyo Special Steel
14.3.11 A. Finkl & Sons Steel
14.3.12 Böhler
14.3.13 Scana
14.3.14 Dongbei Special Steel Group
14.3.15 Qilu Special Steel Co., Ltd.
14.3.16 Tiangong Guoji
14.3.17 Changcheng Special Steel
