Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Steel for Plastic Die Market by Type (Heat Treated Steel, No Heat Treated Steel), By Application (Automotive, Electronics, IT, Aeronautics and Astronautics, Building, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Steel for Plastic Die Market by Type (Heat Treated Steel, No Heat Treated Steel), By Application (Automotive, Electronics, IT, Aeronautics and Astronautics, Building, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 144631 3300 Chemical & Material 377 246 Pages 4.7 (48)

Market Overview:

The global steel for plastic die market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for steel dies from various end-use industries, such as automotive, electronics, IT, aeronautics and astronautics, building and others. In terms of type, the heat treated steel segment is expected to dominate the market during the forecast period owing to its properties such as high strength and hardness. In terms of application, the automotive segment is projected to lead the global steel for plastic die market during 2018-2030 due to rising demand for automobiles across different regions.

Global Steel for Plastic Die Industry Outlook

Product Definition:

Steel is a material that is used to make tools and dies. It has a high strength-to-weight ratio, meaning it is strong but also light. This makes it ideal for use in tools and dies, as they need to be both strong and lightweight.

Heat Treated Steel:

Heat treated steel is a process of modifying the structural properties of carbon and alloyed materials by heating them at or above the recrystallization temperature. It has applications in various end-use industries such as construction, automotive, marine, appliances and electronics. The global heat treated steel market size was valued at USD 5.8 billion in 2015 owing to its increasing demand from the construction industry due to its high strength and durability along with low maintenance requirement which further drives plastic die production globally.

No Heat Treated Steel:

No heat treated steel is also known as cold-rolled steel or cold-hope steel. It has a very thin layer of chromium on it to protect the metal from oxidation. The process does not involve heating the metal, but rather than that, it is rolled at low temperatures in order to obtain good quality and hard sheets.

Application Insights:

Automotive was the largest application segment in 2017 and accounted for a market share of over 30% in terms of revenue. Automotive components are increasingly being made from plastics owing to their lightweight properties, which reduces fuel consumption and vehicle emissions. This has led to an increased demand for steel for plastic die, particularly in the aftermarket industry.

The aerospace & defense application segment is expected to witness significant growth over the forecast period on account of increasing use of composites as structural components in aircrafts and helicopters. These structural components are manufactured using plastics such as polycarbonate, nylon, aramid fiber reinforced plastic (AFRPP), thermoplastic elastomer (TPE) that require high precision machining operations during production stages.

Regional Analysis:

Asia Pacific dominated the global steel for plastic die market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to rapid industrialization and urbanization resulting from population growth. In addition, rising disposable income levels coupled with a growing preference for consumer electronics are anticipated to drive demand in this region.

The Asia Pacific was followed by Europe which accounted for 24% of the total revenue share in 2017 on account of high automotive production and low penetration rate compared to other end-use industries such as building & construction and transportation equipment manufacturing industry. Moreover, technological advancements coupled with increasing R&D activities related to lightweight materials used for vehicle manufacturing are projected to augment market growth over the forecast period.

North America emerged as one of the prominent regional markets due their large IT sector that is continuously investing in automation technology leading towards enhanced productivity gains thereby driving demand from machines & equipment application segment within information technology (IT) industry verticals across U.S.

Growth Factors:

  • Increasing demand from end-use industries such as automotive, construction, and packaging
  • Growing popularity of steel for plastic die among small and medium enterprises (SMEs)
  • Rising investments in research and development (R&D) activities to develop new products and applications
  • Proliferation of the internet of things (IoT) across various industrial sectors
  • Emergence of new players in the market

Scope Of The Report

Report Attributes

Report Details

Report Title

Steel for Plastic Die Market Research Report

By Type

Heat Treated Steel, No Heat Treated Steel

By Application

Automotive, Electronics, IT, Aeronautics and Astronautics, Building, Other

By Companies

DAIDO STEEL, Hitachi Metals, Thyssenkrupp, ASSAB, RIECKERMANN, Saarstahl, Nachi-Fujikoshi, Fushun Special Steel, TISCO

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

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

Global Steel for Plastic Die Market Report Segments:

The global Steel for Plastic Die market is segmented on the basis of:


Heat Treated Steel, No Heat Treated 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.


Automotive, Electronics, IT, Aeronautics and Astronautics, Building, 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:

  2. Hitachi Metals
  3. Thyssenkrupp
  4. ASSAB
  6. Saarstahl
  7. Nachi-Fujikoshi
  8. Fushun Special Steel
  9. TISCO

Global Steel for Plastic Die Market Overview

Highlights of The Steel for Plastic Die 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. Heat Treated Steel
    2. No Heat Treated Steel
  1. By Application:

    1. Automotive
    2. Electronics
    3. IT
    4. Aeronautics and Astronautics
    5. Building
    6. 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 Steel for Plastic Die 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 Steel for Plastic Die 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?

Steel for plastic die is a type of steel that is used to produce plastic parts. It is a very strong metal that can be easily machined, making it ideal for use in manufacturing plastic parts.

Some of the key players operating in the steel for plastic die market are DAIDO STEEL, Hitachi Metals, Thyssenkrupp, ASSAB, RIECKERMANN, Saarstahl, Nachi-Fujikoshi, Fushun Special Steel, TISCO.

The steel for plastic die market is expected to register a CAGR of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

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

5. Global Steel for Plastic Die 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. Steel for Plastic Die Market Size and Volume Forecast by Type
      5.3.1. Heat Treated Steel
      5.3.2. No Heat Treated Steel
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Steel for Plastic Die 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. Steel for Plastic Die Market Size and Volume Forecast by Application
      6.3.1. Automotive
      6.3.2. Electronics
      6.3.3. IT
      6.3.4. Aeronautics and Astronautics
      6.3.5. Building
      6.3.6. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Steel for Plastic Die 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. Steel for Plastic Die 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 Steel for Plastic Die 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. Steel for Plastic Die 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 Steel for Plastic Die Demand Share Forecast, 2019-2026

9. North America Steel for Plastic Die 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 Steel for Plastic Die 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 Steel for Plastic Die Market Size and Volume Forecast by Application
      9.4.1. Automotive
      9.4.2. Electronics
      9.4.3. IT
      9.4.4. Aeronautics and Astronautics
      9.4.5. Building
      9.4.6. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Steel for Plastic Die Market Size and Volume Forecast by Type
      9.7.1. Heat Treated Steel
      9.7.2. No Heat Treated 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 Steel for Plastic Die Demand Share Forecast, 2019-2026

10. Latin America Steel for Plastic Die 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 Steel for Plastic Die 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 Steel for Plastic Die Market Size and Volume Forecast by Application
      10.4.1. Automotive
      10.4.2. Electronics
      10.4.3. IT
      10.4.4. Aeronautics and Astronautics
      10.4.5. Building
      10.4.6. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Steel for Plastic Die Market Size and Volume Forecast by Type
      10.7.1. Heat Treated Steel
      10.7.2. No Heat Treated 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 Steel for Plastic Die Demand Share Forecast, 2019-2026

11. Europe Steel for Plastic Die 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 Steel for Plastic Die 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 Steel for Plastic Die Market Size and Volume Forecast by Application
      11.4.1. Automotive
      11.4.2. Electronics
      11.4.3. IT
      11.4.4. Aeronautics and Astronautics
      11.4.5. Building
      11.4.6. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Steel for Plastic Die Market Size and Volume Forecast by Type
      11.7.1. Heat Treated Steel
      11.7.2. No Heat Treated 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 Steel for Plastic Die Demand Share, 2019-2026

12. Asia Pacific Steel for Plastic Die 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 Steel for Plastic Die 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 Steel for Plastic Die Market Size and Volume Forecast by Application
      12.4.1. Automotive
      12.4.2. Electronics
      12.4.3. IT
      12.4.4. Aeronautics and Astronautics
      12.4.5. Building
      12.4.6. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Steel for Plastic Die Market Size and Volume Forecast by Type
      12.7.1. Heat Treated Steel
      12.7.2. No Heat Treated 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 Steel for Plastic Die Demand Share, 2019-2026

13. Middle East & Africa Steel for Plastic Die 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 Steel for Plastic Die 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 Steel for Plastic Die Market Size and Volume Forecast by Application
      13.4.1. Automotive
      13.4.2. Electronics
      13.4.3. IT
      13.4.4. Aeronautics and Astronautics
      13.4.5. Building
      13.4.6. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Steel for Plastic Die Market Size and Volume Forecast by Type
      13.7.1. Heat Treated Steel
      13.7.2. No Heat Treated 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 Steel for Plastic Die Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Steel for Plastic Die Market: Market Share Analysis
   14.2. Steel for Plastic Die Distributors and Customers
   14.3. Steel for Plastic Die Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. DAIDO STEEL Overview Financials Developments Strategic Outlook
      14.4.2. Hitachi Metals Overview Financials Developments Strategic Outlook
      14.4.3. Thyssenkrupp Overview Financials Developments Strategic Outlook
      14.4.4. ASSAB Overview Financials Developments Strategic Outlook
      14.4.5. RIECKERMANN Overview Financials Developments Strategic Outlook
      14.4.6. Saarstahl Overview Financials Developments Strategic Outlook
      14.4.7. Nachi-Fujikoshi Overview Financials Developments Strategic Outlook
      14.4.8. Fushun Special Steel Overview Financials Developments Strategic Outlook
      14.4.9. TISCO Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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