Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global High Speed Steels Market by Type (Metal Cutting Tools, Cold Working Tools, Others), By Application (Energy Sector, Plastic Industry, Aerospace Industry, Automotive Industry, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global High Speed Steels Market by Type (Metal Cutting Tools, Cold Working Tools, Others), By Application (Energy Sector, Plastic Industry, Aerospace Industry, Automotive Industry, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 194745 3300 Chemical & Material 377 246 Pages 4.8 (36)
                                          

Global high speed steels market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 2.2 billion by 2030. The growth of this market is driven by the increasing demand for high-speed steel in various industries such as energy sector, plastic industry, aerospace industry and automotive industry. High-speed steel has a higher hardness than conventional steel and can be used in applications where wear resistance is required such as metal cutting tools and cold working tools. The global high speed steels market has been segmented on the basis of type into metal cutting tools and cold working tools; on the basis of application into energy sector, plastic industry, aerospace industry and automotive industry; and on the basis of region into North America, Latin America, Europe, Asia Pacific (APAC) and Middle East & Africa (MEA).

Some Of The Growth Factors Of This Market:

  1. High Speed Steels are used in the production of cutting tools, such as drills and taps.
  2. The demand for High Speed Steels is expected to increase due to the increasing demand for drilling and tapping products in emerging economies, such as China and India.
  3. The global economic recovery has led to an increase in the demand for drilling and tapping products, which has increased the demand for High Speed Steels.
  4. Increasing urbanization rates have led to a rise in construction activities, which has increased the need for drilling and tapping products.
  5. Increasing population growth rates have also contributed to an increase in construction activities.

Industry Growth Insights published a new data on “High Speed Steels Market”. The research report is titled “High Speed Steels Market research by Types (Metal Cutting Tools, Cold Working Tools, Others), By Applications (Energy Sector, Plastic Industry, Aerospace Industry, Automotive Industry, Other), By Players/Companies Nachi-Fujikoshi Corporation, Daido Steel, Voestalpine AG, Sandvik Materials Technology AB, Kennametal, Lohmann GmbH, Hudson Tool Steel Corporation, Erasteel, Arcelormittal S.A., Thyssenkrupp AG, Tiangong Internationa, Guhring, Heye Special Steel, Nippon Koshuha Steel, OSG Corporation, Sharu Steel, Bohler, Graphite India Limited, EraSteel”.

Scope Of The Report

Report Attributes

Report Details

Report Title

High Speed Steels Market Research Report

By Type

Metal Cutting Tools, Cold Working Tools, Others

By Application

Energy Sector, Plastic Industry, Aerospace Industry, Automotive Industry, Other

By Companies

Nachi-Fujikoshi Corporation, Daido Steel, Voestalpine AG, Sandvik Materials Technology AB, Kennametal, Lohmann GmbH, Hudson Tool Steel Corporation, Erasteel, Arcelormittal S.A., Thyssenkrupp AG, Tiangong Internationa, Guhring, Heye Special Steel, Nippon Koshuha Steel, OSG Corporation, Sharu Steel, Bohler, Graphite India Limited, EraSteel

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

246

Number of Tables & Figures

173

Customization Available

Yes, the report can be customized as per your need.


Global High Speed Steels Industry Outlook


Global High Speed Steels Market Report Segments:

The global High Speed Steels market is segmented on the basis of:

Types

Metal Cutting Tools, Cold Working Tools, Others

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

Energy Sector, Plastic Industry, Aerospace Industry, Automotive Industry, Other

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:

  1. Nachi-Fujikoshi Corporation
  2. Daido Steel
  3. Voestalpine AG
  4. Sandvik Materials Technology AB
  5. Kennametal
  6. Lohmann GmbH
  7. Hudson Tool Steel Corporation
  8. Erasteel
  9. Arcelormittal S.A.
  10. Thyssenkrupp AG
  11. Tiangong Internationa
  12. Guhring
  13. Heye Special Steel
  14. Nippon Koshuha Steel
  15. OSG Corporation
  16. Sharu Steel
  17. Bohler
  18. Graphite India Limited
  19. EraSteel

Global High Speed Steels Market Overview


Highlights of The High Speed Steels Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Metal Cutting Tools
    2. Cold Working Tools
    3. Others
  1. By Application:

    1. Energy Sector
    2. Plastic Industry
    3. Aerospace Industry
    4. Automotive Industry
    5. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the High Speed Steels 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
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global High Speed Steels Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


High Speed Steels are a type of steel that is designed to resist wear and tear. They are also known as high-speed steels, ultrahigh speed steels, or superhigh speed steels.

Some of the major companies in the high speed steels market are Nachi-Fujikoshi Corporation, Daido Steel, Voestalpine AG, Sandvik Materials Technology AB, Kennametal, Lohmann GmbH, Hudson Tool Steel Corporation, Erasteel, Arcelormittal S.A., Thyssenkrupp AG, Tiangong Internationa, Guhring, Heye Special Steel, Nippon Koshuha Steel, OSG Corporation, Sharu Steel, Bohler, Graphite India Limited, EraSteel.

The high speed steels market is expected to register a CAGR of 3.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. High Speed Steels Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. High Speed Steels Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. High Speed Steels Market - Supply Chain
   4.5. Global High Speed Steels Market Forecast
      4.5.1. High Speed Steels Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. High Speed Steels Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. High Speed Steels Market Absolute $ Opportunity

5. Global High Speed Steels Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. High Speed Steels Market Size and Volume Forecast by Type
      5.3.1. Metal Cutting Tools
      5.3.2. Cold Working Tools
      5.3.3. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global High Speed Steels Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. High Speed Steels Market Size and Volume Forecast by Application
      6.3.1. Energy Sector
      6.3.2. Plastic Industry
      6.3.3. Aerospace Industry
      6.3.4. Automotive Industry
      6.3.5. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global High Speed Steels Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. High Speed Steels Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global High Speed Steels Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. High Speed Steels Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global High Speed Steels Demand Share Forecast, 2019-2026

9. North America High Speed Steels Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America High Speed Steels Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America High Speed Steels Market Size and Volume Forecast by Application
      9.4.1. Energy Sector
      9.4.2. Plastic Industry
      9.4.3. Aerospace Industry
      9.4.4. Automotive Industry
      9.4.5. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America High Speed Steels Market Size and Volume Forecast by Type
      9.7.1. Metal Cutting Tools
      9.7.2. Cold Working Tools
      9.7.3. Others
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America High Speed Steels Demand Share Forecast, 2019-2026

10. Latin America High Speed Steels Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America High Speed Steels Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America High Speed Steels Market Size and Volume Forecast by Application
      10.4.1. Energy Sector
      10.4.2. Plastic Industry
      10.4.3. Aerospace Industry
      10.4.4. Automotive Industry
      10.4.5. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America High Speed Steels Market Size and Volume Forecast by Type
      10.7.1. Metal Cutting Tools
      10.7.2. Cold Working Tools
      10.7.3. Others
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America High Speed Steels Demand Share Forecast, 2019-2026

11. Europe High Speed Steels Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe High Speed Steels Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe High Speed Steels Market Size and Volume Forecast by Application
      11.4.1. Energy Sector
      11.4.2. Plastic Industry
      11.4.3. Aerospace Industry
      11.4.4. Automotive Industry
      11.4.5. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe High Speed Steels Market Size and Volume Forecast by Type
      11.7.1. Metal Cutting Tools
      11.7.2. Cold Working Tools
      11.7.3. Others
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projectins by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe High Speed Steels Demand Share, 2019-2026

12. Asia Pacific High Speed Steels Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific High Speed Steels Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific High Speed Steels Market Size and Volume Forecast by Application
      12.4.1. Energy Sector
      12.4.2. Plastic Industry
      12.4.3. Aerospace Industry
      12.4.4. Automotive Industry
      12.4.5. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific High Speed Steels Market Size and Volume Forecast by Type
      12.7.1. Metal Cutting Tools
      12.7.2. Cold Working Tools
      12.7.3. Others
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific High Speed Steels Demand Share, 2019-2026

13. Middle East & Africa High Speed Steels Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa High Speed Steels Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa High Speed Steels Market Size and Volume Forecast by Application
      13.4.1. Energy Sector
      13.4.2. Plastic Industry
      13.4.3. Aerospace Industry
      13.4.4. Automotive Industry
      13.4.5. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa High Speed Steels Market Size and Volume Forecast by Type
      13.7.1. Metal Cutting Tools
      13.7.2. Cold Working Tools
      13.7.3. Others
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa High Speed Steels Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global High Speed Steels Market: Market Share Analysis
   14.2. High Speed Steels Distributors and Customers
   14.3. High Speed Steels Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Nachi-Fujikoshi Corporation
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Daido Steel
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Voestalpine AG
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Sandvik Materials Technology AB
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Kennametal
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Lohmann GmbH
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Hudson Tool Steel Corporation
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Erasteel
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Arcelormittal S.A.
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Thyssenkrupp AG
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Tiangong Internationa
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Guhring
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Heye Special Steel
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Nippon Koshuha Steel
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. OSG Corporation
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. Sharu Steel
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. Bohler
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. Graphite India Limited
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. EraSteel
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

Our Trusted Clients

Contact Us