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

Global Machine Tool Steel Market by Type (Hot-work Steel, Cold-work Steel, Plastics Mold Steel, High Speed Steel, Others), By Application (Automotive Industry, Plastic Industry, Aerospace Industry, Energy Sector, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 143656 3300 Chemical & Material 377 249 Pages 5 (32)
                                          

The global machine tool steel market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 4.2 billion by 2030. The growth of this market is driven by the increasing demand for machine tools in various industries such as automotive, plastics, aerospace and energy sectors. Machine tools are used in various manufacturing processes such as cutting, drilling and grinding which require high-quality steel with high strength and hardness properties. The global machine tool steel market can be segmented on the basis of type into howork steel, colwork steel, plastics mold steel and high speed steel; on the basis of application into automotive industry, plastic industry, aerospace industry and energy sector; and on the basis of region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA).

Some Of The Growth Factors Of This Market:

  1. Machine tool steel is used in the manufacturing of machine tools and other metal cutting tools, such as drills and saws, which are used in various industries such as construction, automotive, aerospace and others.
  2. Machine tool steel has high strength properties that make it suitable for use in heavy duty applications like drilling or milling machines where it can withstand high pressure without breaking or bending easily.
  3. The increasing demand for machine tools from emerging economies like China and India will drive the growth of this market over the forecast period.
  4. Increasing automation in manufacturing processes will also drive the growth of this market.

Industry Growth Insights published a new data on “Machine Tool Steel Market”. The research report is titled “Machine Tool Steel Market research by Types (Hot-work Steel, Cold-work Steel, Plastics Mold Steel, High Speed Steel, Others), By Applications (Automotive Industry, Plastic Industry, Aerospace Industry, Energy Sector, Others), By Players/Companies 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”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Machine Tool Steel Market Research Report

By Type

Hot-work Steel, Cold-work Steel, Plastics Mold Steel, High Speed Steel, Others

By Application

Automotive Industry, Plastic Industry, Aerospace Industry, Energy Sector, Others

By Companies

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

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

249

Number of Tables & Figures

175

Customization Available

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


Global Machine Tool Steel Industry Outlook


Global Machine Tool Steel Market Report Segments:

The global Machine Tool Steel market is segmented on the basis of:

Types

Hot-work Steel, Cold-work Steel, Plastics Mold Steel, High Speed Steel, 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

Automotive Industry, Plastic Industry, Aerospace Industry, Energy Sector, 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:

  1. Nachi-Fujikoshi Corporation
  2. Daido Steel
  3. Voestalpine
  4. Sandvik Materials Technology
  5. Kennametal
  6. Hudson Tool Steel
  7. Erasteel
  8. Friedr. Lohmann
  9. Arcelormittal
  10. Thyssenkrupp
  11. Tiangong International
  12. Guhring
  13. Heye Special Steel
  14. Nippon Koshuha Steel
  15. OSG Corporation
  16. Carpenter
  17. Graphite India
  18. Tivoly
  19. Crucible Industries
  20. Dneprospetsstal
  21. Jiangsu Fuda Special Steel
  22. Feida Group
  23. West Yorkshire Steel
  24. Big Kaiser Precision Tooling
  25. Onsurd

Global Machine Tool Steel Market Overview


Highlights of The Machine Tool Steel 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. Hot-work Steel
    2. Cold-work Steel
    3. Plastics Mold Steel
    4. High Speed Steel
    5. Others
  1. By Application:

    1. Automotive Industry
    2. Plastic Industry
    3. Aerospace Industry
    4. Energy Sector
    5. Others
  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 Machine Tool Steel 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 Machine Tool Steel 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?


Machine tool steel is a type of steel that is used in industrial applications, such as machining. It has a higher strength and hardness than other types of steel, which makes it ideal for use in tools and machines.

Some of the key players operating in the machine tool steel market are 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.

The machine tool steel market is expected to grow at a compound annual growth rate of 3.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Machine Tool Steel 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. Machine Tool Steel Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Machine Tool Steel Market - Supply Chain
   4.5. Global Machine Tool Steel Market Forecast
      4.5.1. Machine Tool Steel Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Machine Tool Steel Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Machine Tool Steel Market Absolute $ Opportunity

5. Global Machine Tool Steel 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. Machine Tool Steel Market Size and Volume Forecast by Type
      5.3.1. Hot-work Steel
      5.3.2. Cold-work Steel
      5.3.3. Plastics Mold Steel
      5.3.4. High Speed Steel
      5.3.5. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Machine Tool Steel 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. Machine Tool Steel Market Size and Volume Forecast by Application
      6.3.1. Automotive Industry
      6.3.2. Plastic Industry
      6.3.3. Aerospace Industry
      6.3.4. Energy Sector
      6.3.5. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Machine Tool Steel 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. Machine Tool Steel 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 Machine Tool Steel 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. Machine Tool Steel 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 Machine Tool Steel Demand Share Forecast, 2019-2026

9. North America Machine Tool Steel 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 Machine Tool Steel 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 Machine Tool Steel Market Size and Volume Forecast by Application
      9.4.1. Automotive Industry
      9.4.2. Plastic Industry
      9.4.3. Aerospace Industry
      9.4.4. Energy Sector
      9.4.5. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Machine Tool Steel Market Size and Volume Forecast by Type
      9.7.1. Hot-work Steel
      9.7.2. Cold-work Steel
      9.7.3. Plastics Mold Steel
      9.7.4. High Speed Steel
      9.7.5. 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 Machine Tool Steel Demand Share Forecast, 2019-2026

10. Latin America Machine Tool Steel 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 Machine Tool Steel 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 Machine Tool Steel Market Size and Volume Forecast by Application
      10.4.1. Automotive Industry
      10.4.2. Plastic Industry
      10.4.3. Aerospace Industry
      10.4.4. Energy Sector
      10.4.5. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Machine Tool Steel Market Size and Volume Forecast by Type
      10.7.1. Hot-work Steel
      10.7.2. Cold-work Steel
      10.7.3. Plastics Mold Steel
      10.7.4. High Speed Steel
      10.7.5. 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 Machine Tool Steel Demand Share Forecast, 2019-2026

11. Europe Machine Tool Steel 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 Machine Tool Steel 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 Machine Tool Steel Market Size and Volume Forecast by Application
      11.4.1. Automotive Industry
      11.4.2. Plastic Industry
      11.4.3. Aerospace Industry
      11.4.4. Energy Sector
      11.4.5. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Machine Tool Steel Market Size and Volume Forecast by Type
      11.7.1. Hot-work Steel
      11.7.2. Cold-work Steel
      11.7.3. Plastics Mold Steel
      11.7.4. High Speed Steel
      11.7.5. Others
   11.8.Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections 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 Machine Tool Steel Demand Share, 2019-2026

12. Asia Pacific Machine Tool Steel 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 Machine Tool Steel 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 Machine Tool Steel Market Size and Volume Forecast by Application
      12.4.1. Automotive Industry
      12.4.2. Plastic Industry
      12.4.3. Aerospace Industry
      12.4.4. Energy Sector
      12.4.5. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Machine Tool Steel Market Size and Volume Forecast by Type
      12.7.1. Hot-work Steel
      12.7.2. Cold-work Steel
      12.7.3. Plastics Mold Steel
      12.7.4. High Speed Steel
      12.7.5. 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 Machine Tool Steel Demand Share, 2019-2026

13. Middle East & Africa Machine Tool Steel 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 Machine Tool Steel 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 Machine Tool Steel Market Size and Volume Forecast by Application
      13.4.1. Automotive Industry
      13.4.2. Plastic Industry
      13.4.3. Aerospace Industry
      13.4.4. Energy Sector
      13.4.5. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Machine Tool Steel Market Size and Volume Forecast by Type
      13.7.1. Hot-work Steel
      13.7.2. Cold-work Steel
      13.7.3. Plastics Mold Steel
      13.7.4. High Speed Steel
      13.7.5. 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 Machine Tool Steel Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Machine Tool Steel Market: Market Share Analysis
   14.2. Machine Tool Steel Distributors and Customers
   14.3. Machine Tool Steel 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
         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
         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. Hudson Tool Steel
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Erasteel
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Friedr. Lohmann
         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
         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
         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 International
         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. Carpenter
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. Graphite India
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. Tivoly
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. Crucible Industries
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. Dneprospetsstal
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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