The global mold steel 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 mold steel in construction industry and industrial equipments. The construction industry is one of the major end-users of mold steel, which has been witnessing an increase in demand due to its use in various applications such as building and infrastructure development, transportation systems, and water supply systems. In addition, the industrial equipments segment also contributes significantly towards the growth of this market due to its use in manufacturing equipment such as machine tools and presses that are used for metal forming processes.
The cold work die steel segment accounted for over 50% share of total revenue generated from sales across all regions during 2017-2030; followed by hot work die steel with a share of around 30%. Plastic mould steels are expected to witness significant growth during forecast period owing to their high corrosion resistance properties which make them suitable for use in various applications such as automotive components and electrical appliances among others.
- The demand for steel is expected to grow at a rate of 2% per year, which will lead to an increase in the demand for mold steel.
- The growth of the automotive industry will also lead to an increase in the demand for mold steel as it is used in car manufacturing.
- The increasing population and urbanization rates will also lead to an increase in the demand for mold steel as more people are moving into cities and need housing, which requires more construction materials such as concrete and metal products such as mold steel.
- Increasing global trade has led to increased competition among manufacturers, which has led them to invest heavily in research and development (R&D) activities that have resulted in new technologies that have improved efficiency and reduced costs of production, leading to lower prices on products such as mold steel that are sold globally; this has led companies around the world who use these products like mold steel (such as automakers) to invest heavily into R&D activities themselves so they can stay competitive with their suppliers by developing new technologies or improving existing ones so they can reduce costs or improve quality of their own products; this cycle leads back into increased investment by manufacturers into R&D activities because they want their own company's product quality or cost-efficiency levels be better than those of their competitors'.
- Increased investment by governments around the world into infrastructure projects like roads, bridges, airports etc, will also lead to increased demand for metal products like mould steels because these projects require large amounts of metal materials such as iron ore, copper ore etc, which are then processed through various stages before being turned into finished goods like cars or buildings made out of concrete - all requiring large amounts of metals including mould steels.
Industry Growth Insights published a new data on “Mold Steel Market”. The research report is titled “Mold Steel Market research by Types (Cold Work Die Steel, Hot Work Die Steel, Plastic Mould Steel), By Applications (Construction Industry, Industrial Equipments, Others), By Players/Companies ASSAB GROUP, Daido Steel, Hitachi Metals, Arcelor Group, Aubert & Duval, Kind & Co., Nachi, Schmiede Werke Grfiditz, Sanyo Special Steel, Nippon Koshuha Steel, Kalyani Carpenter, Voestalpine, Baosteel, East Tool & Die, Fushun Special Steel AG, Ellwood Specialty Metals, Crucible Industries, Finkl Steel”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Mold Steel Market Research Report
By Type
Cold Work Die Steel, Hot Work Die Steel, Plastic Mould Steel
By Application
Construction Industry, Industrial Equipments, Others
By Companies
ASSAB GROUP, Daido Steel, Hitachi Metals, Arcelor Group, Aubert & Duval, Kind & Co., Nachi, Schmiede Werke Grfiditz, Sanyo Special Steel, Nippon Koshuha Steel, Kalyani Carpenter, Voestalpine, Baosteel, East Tool & Die, Fushun Special Steel AG, Ellwood Specialty Metals, Crucible Industries, Finkl 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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Mold Steel Market Report Segments:
The global Mold Steel market is segmented on the basis of:
Types
Cold Work Die Steel, Hot Work Die Steel, Plastic Mould 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
Construction Industry, Industrial Equipments, 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:
- ASSAB GROUP
- Daido Steel
- Hitachi Metals
- Arcelor Group
- Aubert & Duval
- Kind & Co.
- Nachi
- Schmiede Werke Grfiditz
- Sanyo Special Steel
- Nippon Koshuha Steel
- Kalyani Carpenter
- Voestalpine
- Baosteel
- East Tool & Die
- Fushun Special Steel AG
- Ellwood Specialty Metals
- Crucible Industries
- Finkl Steel
Highlights of The Mold Steel 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:
- Cold Work Die Steel
- Hot Work Die Steel
- Plastic Mould Steel
- By Application:
- Construction Industry
- Industrial Equipments
- 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 Mold 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.
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- 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?
Mold steel is a type of steel that has been treated with mold release agents. This treatment makes the metal more flexible and less brittle, which allows it to be formed into different shapes without breaking.
Some of the major players in the mold steel market are ASSAB GROUP, Daido Steel, Hitachi Metals, Arcelor Group, Aubert & Duval, Kind & Co., Nachi, Schmiede Werke Grfiditz, Sanyo Special Steel, Nippon Koshuha Steel, Kalyani Carpenter, Voestalpine, Baosteel, East Tool & Die, Fushun Special Steel AG, Ellwood Specialty Metals, Crucible Industries, Finkl Steel.
The mold steel market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Mold 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. Mold Steel Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Mold Steel Market - Supply Chain
4.5. Global Mold Steel Market Forecast
4.5.1. Mold Steel Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Mold Steel Market Size (000 Units) and Y-o-Y Growth
4.5.3. Mold Steel Market Absolute $ Opportunity
5. Global Mold 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. Mold Steel Market Size and Volume Forecast by Type
5.3.1. Cold Work Die Steel
5.3.2. Hot Work Die Steel
5.3.3. Plastic Mould Steel
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Mold 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. Mold Steel Market Size and Volume Forecast by Application
6.3.1. Construction Industry
6.3.2. Industrial Equipments
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Mold 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. Mold 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 Mold 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. Mold 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 Mold Steel Demand Share Forecast, 2019-2026
9. North America Mold 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 Mold 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 Mold Steel Market Size and Volume Forecast by Application
9.4.1. Construction Industry
9.4.2. Industrial Equipments
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Mold Steel Market Size and Volume Forecast by Type
9.7.1. Cold Work Die Steel
9.7.2. Hot Work Die Steel
9.7.3. Plastic Mould Steel
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 Mold Steel Demand Share Forecast, 2019-2026
10. Latin America Mold 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 Mold 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 Mold Steel Market Size and Volume Forecast by Application
10.4.1. Construction Industry
10.4.2. Industrial Equipments
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Mold Steel Market Size and Volume Forecast by Type
10.7.1. Cold Work Die Steel
10.7.2. Hot Work Die Steel
10.7.3. Plastic Mould Steel
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 Mold Steel Demand Share Forecast, 2019-2026
11. Europe Mold 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 Mold 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 Mold Steel Market Size and Volume Forecast by Application
11.4.1. Construction Industry
11.4.2. Industrial Equipments
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Mold Steel Market Size and Volume Forecast by Type
11.7.1. Cold Work Die Steel
11.7.2. Hot Work Die Steel
11.7.3. Plastic Mould Steel
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 Mold Steel Demand Share, 2019-2026
12. Asia Pacific Mold 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 Mold 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 Mold Steel Market Size and Volume Forecast by Application
12.4.1. Construction Industry
12.4.2. Industrial Equipments
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Mold Steel Market Size and Volume Forecast by Type
12.7.1. Cold Work Die Steel
12.7.2. Hot Work Die Steel
12.7.3. Plastic Mould Steel
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 Mold Steel Demand Share, 2019-2026
13. Middle East & Africa Mold 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 Mold 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 Mold Steel Market Size and Volume Forecast by Application
13.4.1. Construction Industry
13.4.2. Industrial Equipments
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Mold Steel Market Size and Volume Forecast by Type
13.7.1. Cold Work Die Steel
13.7.2. Hot Work Die Steel
13.7.3. Plastic Mould Steel
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 Mold Steel Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Mold Steel Market: Market Share Analysis
14.2. Mold Steel Distributors and Customers
14.3. Mold Steel Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ASSAB GROUP
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. Hitachi Metals
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Arcelor Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Aubert & Duval
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kind & Co.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nachi
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Schmiede Werke Grfiditz
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sanyo Special Steel
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nippon Koshuha Steel
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kalyani Carpenter
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Voestalpine
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Baosteel
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. East Tool & Die
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Fushun Special Steel AG
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Ellwood Specialty Metals
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Crucible Industries
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Finkl Steel
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
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
