Die Steel Global Market

Die Steel Global Market

Global Die Steel Market Research Report 2025

This report on the global die steel market research report 2025 offers a comprehensive analysis of market size, growth drivers, emerging trends, regional performance

Pages: 210

Format: PDF

Date: 12-2025

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Global Die Steel Market Outlook

Chem Reports estimates that the global Die Steel market was valued at USD xxxx units in 2024 and is expected to reach USD xxxx units by 2035, registering a compound annual growth rate (CAGR) of xx% during the forecast period from 2025 to 2035.

Die steel is a category of specialty tool steel engineered to withstand extreme mechanical stress, high temperatures, abrasion, and repeated loading conditions. It plays a critical role in metal forming, forging, casting, extrusion, and stamping processes, making it indispensable across construction, industrial equipment manufacturing, and heavy engineering sectors.

The Global Die Steel Market Report 2020 presents a comprehensive assessment of market dynamics, historical performance, and future growth outlook. The study evaluates production trends, technological advancements, raw material availability, pricing dynamics, and competitive positioning, supported by both primary industry insights and secondary data analysis. Forecasts are developed for the period 2025–2035, considering regulatory frameworks, industrial output trends, and global manufacturing expansion.

Impact of COVID-19 on the Die Steel Market

The COVID-19 pandemic significantly disrupted the global die steel market in 2020. Lockdowns, reduced industrial activity, supply chain interruptions, and temporary shutdowns of automotive, construction, and machinery manufacturing units led to a sharp decline in demand.

However, the market witnessed a gradual recovery driven by the resumption of manufacturing operations, government-led infrastructure investments, and rising demand for industrial equipment. Post-pandemic strategies such as capacity optimization, regional sourcing, and automation further supported market stabilization and long-term growth.

Global Die Steel Market Segmentation

By Type

  1. Cold Working Die Steel
    • Used in applications such as blanking, punching, shearing, and forming
    • Characterized by high hardness, wear resistance, and dimensional stability
    • Widely adopted in automotive components, tools, and precision parts
  2. Hot-Work Die Steel
    • Designed for high-temperature operations such as forging, extrusion, and die casting
    • Exhibits excellent thermal fatigue resistance and toughness
    • Strong demand from aluminum, magnesium, and steel processing industries
  3. Others
    • Includes specialty and customized die steels
    • Used in niche industrial and heavy-duty applications

By Application

  1. Construction Industry
    • Used in fabrication tools, structural components, and heavy machinery
    • Growth supported by infrastructure development and urbanization
  2. Industrial Equipment
    • Largest application segment
    • High usage in manufacturing equipment, molds, dies, and machine tools
  3. Others
    • Includes automotive tooling, aerospace components, and energy equipment

Competitive Landscape – Key Players in the Die Steel Market

The global die steel market is highly competitive, featuring a mix of global steel majors, specialty alloy producers, and regional manufacturers. Key strategies include product innovation, metallurgical advancement, capacity expansion, and long-term supply contracts.

Major Market Participants

  • Arcelor Group
  • Aubert & Dural
  • KIND & Co
  • Schmiede Werke Groditz GmbH
  • Daido Steel
  • Hitachi Metals
  • Nippon Koshuha Steel
  • Sanyo Special Steel
  • Severstal
  • Indus Steel
  • Creusot
  • Schneider
  • Eramet
  • Era Steel
  • Edelstahl Werk
  • Tobata
  • Fukagawa
  • Kuwana
  • Wakamatsu
  • Yasugi
  • Toyama Plant
  • Shanghai Riqun
  • Changzhou Zhengtai
  • Tito
  • Yangang

Regional Analysis

North America

(U.S., Canada, Mexico)

  • Mature market supported by advanced manufacturing, aerospace, and automotive industries
  • Strong emphasis on high-performance and precision die steels
  • Stable demand driven by equipment replacement and modernization

Europe

(Germany, U.K., France, Italy, Spain, Russia, and others)

  • Technologically advanced die steel market
  • Germany and France lead in tooling and industrial machinery production
  • Focus on high-quality alloys, sustainability, and energy-efficient manufacturing

Asia-Pacific

(China, India, Japan, Southeast Asia)

  • Largest and fastest-growing regional market
  • Strong demand from automotive, construction, electronics, and heavy engineering sectors
  • China and Japan dominate production, while India shows rapid consumption growth

South America

(Brazil, Argentina, and others)

  • Moderate growth supported by infrastructure and industrial development
  • Increasing adoption of advanced tooling materials in manufacturing

Middle East & Africa

(Saudi Arabia, South Africa, and others)

  • Emerging market driven by industrial diversification and construction investments
  • Growth supported by oil & gas infrastructure and metal processing industries

Executive Summary – Global Die Steel Market

The global die steel market represents a critical segment of the specialty steel industry, supporting high-precision metal forming processes across construction, industrial equipment, automotive, and heavy engineering sectors. Die steel demand is closely linked to manufacturing output, infrastructure investment, and technological advancement in tooling and machining.

Market growth over the forecast period is driven by industrial modernization, infrastructure expansion, and rising demand for high-performance tooling materials, particularly in Asia-Pacific. While environmental regulations and material substitution pose challenges, continuous metallurgical innovation and growing adoption of hot-work and high-durability die steels sustain long-term market potential.

DRTO Analysis – Global Die Steel Market

Drivers

  • Expansion of construction, automotive, and industrial equipment manufacturing
  • Increasing demand for high-strength, wear-resistant, and heat-resistant tooling materials
  • Growth in forging, die casting, stamping, and extrusion operations
  • Infrastructure development and government-led capital expenditure
  • Rising automation and precision engineering requirements

Restraints

  • High production and processing costs for specialty die steels
  • Volatility in raw material prices (iron ore, alloying elements)
  • Energy-intensive manufacturing processes
  • Environmental regulations related to steelmaking emissions
  • Availability of alternative tooling materials in select applications

Trends

  • Shift toward hot-work and high-performance die steels
  • Increasing adoption of vacuum-treated and remelted steels for superior quality
  • Customization of die steel grades for specific end-use industries
  • Digitalization and automation in steel production facilities
  • Regional capacity expansion in Asia-Pacific

Opportunities

  • Growing manufacturing bases in China, India, Southeast Asia, and the Middle East
  • Rising demand for lightweight metal forming dies in automotive and aerospace sectors
  • Technological advancements in alloy design and heat treatment
  • Increasing replacement demand in mature industrial economies
  • Export opportunities for high-grade specialty die steel producers

SWOT Analysis – Global Die Steel Market

Strengths

  • High mechanical strength, toughness, and thermal resistance
  • Essential material for core manufacturing processes
  • Established global supply chain and production know-how
  • Long product lifecycle and repeat demand from industrial users

Weaknesses

  • Capital- and energy-intensive manufacturing
  • Dependence on cyclical industries such as construction and automotive
  • Limited flexibility compared to alternative tooling materials
  • Higher cost compared to conventional carbon steels

Opportunities

  • Rising infrastructure spending globally
  • Growth in precision engineering and advanced manufacturing
  • Demand for longer-lasting and high-efficiency dies
  • Emerging markets offering untapped consumption potential

Threats

  • Substitution by advanced composites or coated tooling materials
  • Increasing environmental compliance costs
  • Trade barriers and geopolitical uncertainties
  • Price pressure from low-cost regional manufacturers

Porter’s Five Forces Analysis – Die Steel Market

1. Threat of New Entrants – Low to Moderate

  • High capital investment, metallurgical expertise, and compliance requirements create entry barriers
  • Established players benefit from scale and long-term customer relationships

2. Bargaining Power of Suppliers – Moderate

  • Dependence on alloying elements and energy inputs
  • Large producers reduce risk through vertical integration and diversified sourcing

3. Bargaining Power of Buyers – High

  • Large industrial buyers purchase in bulk and demand consistent quality
  • Availability of multiple global and regional suppliers increases buyer leverage

4. Threat of Substitutes – Moderate

  • Alternative tooling materials exist but are limited in extreme stress and temperature applications
  • Die steel remains irreplaceable for heavy-duty and high-load processes

5. Competitive Rivalry – High

  • Presence of global steel majors and specialized regional manufacturers
  • Competition based on quality, price, delivery reliability, and technical support

Competitive Strategy Overview

Leading players such as Arcelor Group, Daido Steel, Hitachi Metals, Sanyo Special Steel, and Eramet focus on:

  • Advanced alloy development and heat-treatment technologies
  • Capacity expansion in high-growth regions
  • Long-term supply contracts with OEMs and tooling manufacturers
  • Quality differentiation through metallurgical precision and consistency

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1. Market Overview of Die Steel
    1.1 Die Steel Market Overview
        1.1.1 Die Steel Product Scope
        1.1.2 Market Status and Outlook
    1.2 Die Steel Market Size by Regions:
    1.3 Die Steel Historic Market Size by Regions
    1.4 Die Steel Forecasted Market Size by Regions
    1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth
        1.5.1 North America
        1.5.2 East Asia
        1.5.3 Europe
        1.5.4 South Asia
        1.5.5 Southeast Asia
        1.5.6 Middle East
        1.5.7 Africa
        1.5.8 Oceania
        1.5.9 South America
        1.5.10 Rest of the World
    1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
        1.6.1 Covid-19 Impact: Global GDP Growth,  Projections
        1.6.2 Covid-19 Impact: Commodity Prices Indices
        1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact Die Steel Sales Market by Type
    2.1 Global Die Steel Historic Market Size by Type
    2.2 Global Die Steel Forecasted Market Size by Type
    2.3 Cold Working Die Steel
    2.4 Hot-Work Die Steel
    2.5 Others
3. Covid-19 Impact Die Steel Sales Market by Application
    3.1 Global Die Steel Historic Market Size by Application
    3.2 Global Die Steel Forecasted Market Size by Application
    3.3 Construction Industry
    3.4 Industrial Equipments
    3.5 Others
4. Covid-19 Impact Market Competition by Manufacturers
    4.1 Global Die Steel Production Capacity Market Share by Manufacturers
    4.2 Global Die Steel Revenue Market Share by Manufacturers
    4.3 Global Die Steel Average Price by Manufacturers
5. Company Profiles and Key Figures in Die Steel Business
    5.1 Arcelor Group
        5.1.1 Arcelor Group Company Profile
        5.1.2 Arcelor Group Die Steel Product Specification
        5.1.3 Arcelor Group Die Steel Production Capacity, Revenue, Price and Gross Margin
    5.2 Aubert & Dural
        5.2.1 Aubert & Dural Company Profile
        5.2.2 Aubert & Dural Die Steel Product Specification
        5.2.3 Aubert & Dural Die Steel Production Capacity, Revenue, Price and Gross Margin
    5.3 KIND & Co
        5.3.1 KIND & Co Company Profile
        5.3.2 KIND & Co Die Steel Product Specification
        5.3.3 KIND & Co Die Steel Production Capacity, Revenue, Price and Gross Margin
    5.4 Schmiede Werke Groditz GmbH
        5.4.1 Schmiede Werke Groditz GmbH Company Profile
        5.4.2 Schmiede Werke Groditz GmbH Die Steel Product Specification
        5.4.3 Schmiede Werke Groditz GmbH Die Steel Production Capacity, Revenue, Price and Gross Margin
    5.5 Daido Steel
        5.5.1 Daido Steel Company Profile
        5.5.2 Daido Steel Die Steel Product Specification
        5.5.3 Daido Steel Die Steel Production Capacity, Revenue, Price and Gross Margin
    5.6 Hitachi Metals
        5.6.1 Hitachi Metals Company Profile
        5.6.2 Hitachi Metals Die Steel Product Specification
        5.6.3 Hitachi Metals Die Steel Production Capacity, Revenue, Price and Gross Margin
    5.7 Nippon Koshuha Steel
        5.7.1 Nippon Koshuha Steel Company Profile
        5.7.2 Nippon Koshuha Steel Die Steel Product Specification
        5.7.3 Nippon Koshuha Steel Die Steel Production Capacity, Revenue, Price and Gross Margin
    5.8 Sanyo Special Steel
        5.8.1 Sanyo Special Steel Company Profile
        5.8.2 Sanyo Special Steel Die Steel Product Specification
        5.8.3 Sanyo Special Steel Die Steel Production Capacity, Revenue, Price and Gross Margin
    5.9 Severstal
        5.9.1 Severstal Company Profile
        5.9.2 Severstal Die Steel Product Specification
        5.9.3 Severstal Die Steel Production Capacity, Revenue, Price and Gross Margin
    5.10 Indus Steel
        5.10.1 Indus Steel Company Profile
        5.10.2 Indus Steel Die Steel Product Specification
        5.10.3 Indus Steel Die Steel Production Capacity, Revenue, Price and Gross Margin
    5.11 Creusot
        5.11.1 Creusot Company Profile
        5.11.2 Creusot Die Steel Product Specification
        5.11.3 Creusot Die Steel Production Capacity, Revenue, Price and Gross Margin
    5.12 Schneider
        5.12.1 Schneider Company Profile
        5.12.2 Schneider Die Steel Product Specification
        5.12.3 Schneider Die Steel Production Capacity, Revenue, Price and Gross Margin
    5.13 Eramet
        5.13.1 Eramet Company Profile
        5.13.2 Eramet Die Steel Product Specification
        5.13.3 Eramet Die Steel Production Capacity, Revenue, Price and Gross Margin
    5.14 Era Steel
        5.14.1 Era Steel Company Profile
        5.14.2 Era Steel Die Steel Product Specification
        5.14.3 Era Steel Die Steel Production Capacity, Revenue, Price and Gross Margin
    5.15 Edelstahl Werk
        5.15.1 Edelstahl Werk Company Profile
        5.15.2 Edelstahl Werk Die Steel Product Specification
        5.15.3 Edelstahl Werk Die Steel Production Capacity, Revenue, Price and Gross Margin
    5.16 Tobata
        5.16.1 Tobata Company Profile
        5.16.2 Tobata Die Steel Product Specification
        5.16.3 Tobata Die Steel Production Capacity, Revenue, Price and Gross Margin
    5.17 Fukagawa
        5.17.1 Fukagawa Company Profile
        5.17.2 Fukagawa Die Steel Product Specification
        5.17.3 Fukagawa Die Steel Production Capacity, Revenue, Price and Gross Margin
    5.18 Kuwana
        5.18.1 Kuwana Company Profile
        5.18.2 Kuwana Die Steel Product Specification
        5.18.3 Kuwana Die Steel Production Capacity, Revenue, Price and Gross Margin
    5.19 Wakamatsu
        5.19.1 Wakamatsu Company Profile
        5.19.2 Wakamatsu Die Steel Product Specification
        5.19.3 Wakamatsu Die Steel Production Capacity, Revenue, Price and Gross Margin
    5.20 Yasugi
        5.20.1 Yasugi Company Profile
        5.20.2 Yasugi Die Steel Product Specification
        5.20.3 Yasugi Die Steel Production Capacity, Revenue, Price and Gross Margin
    5.21 Toyama Plant
        5.21.1 Toyama Plant Company Profile
        5.21.2 Toyama Plant Die Steel Product Specification
        5.21.3 Toyama Plant Die Steel Production Capacity, Revenue, Price and Gross Margin
    5.22 ShanghaiRiqun
        5.22.1 ShanghaiRiqun Company Profile
        5.22.2 ShanghaiRiqun Die Steel Product Specification
        5.22.3 ShanghaiRiqun Die Steel Production Capacity, Revenue, Price and Gross Margin
    5.23 ChangzhouZhengtai
        5.23.1 ChangzhouZhengtai Company Profile
        5.23.2 ChangzhouZhengtai Die Steel Product Specification
        5.23.3 ChangzhouZhengtai Die Steel Production Capacity, Revenue, Price and Gross Margin
    5.24 Tito
        5.24.1 Tito Company Profile
        5.24.2 Tito Die Steel Product Specification
        5.24.3 Tito Die Steel Production Capacity, Revenue, Price and Gross Margin
    5.25 Yangang
        5.25.1 Yangang Company Profile
        5.25.2 Yangang Die Steel Product Specification
        5.25.3 Yangang Die Steel Production Capacity, Revenue, Price and Gross Margin
6. North America
    6.1 North America Die Steel Market Size
    6.2 North America Die Steel Key Players in North America
    6.3 North America Die Steel Market Size by Type
    6.4 North America Die Steel Market Size by Application
7. East Asia
    7.1 East Asia Die Steel Market Size
    7.2 East Asia Die Steel Key Players in North America
    7.3 East Asia Die Steel Market Size by Type
    7.4 East Asia Die Steel Market Size by Application
8. Europe
    8.1 Europe Die Steel Market Size
    8.2 Europe Die Steel Key Players in North America
    8.3 Europe Die Steel Market Size by Type
    8.4 Europe Die Steel Market Size by Application
9. South Asia
    9.1 South Asia Die Steel Market Size
    9.2 South Asia Die Steel Key Players in North America
    9.3 South Asia Die Steel Market Size by Type
    9.4 South Asia Die Steel Market Size by Application
10. Southeast Asia
    10.1 Southeast Asia Die Steel Market Size
    10.2 Southeast Asia Die Steel Key Players in North America
    10.3 Southeast Asia Die Steel Market Size by Type
    10.4 Southeast Asia Die Steel Market Size by Application
11. Middle East
    11.1 Middle East Die Steel Market Size
    11.2 Middle East Die Steel Key Players in North America
    11.3 Middle East Die Steel Market Size by Type
    11.4 Middle East Die Steel Market Size by Application
12. Africa
    12.1 Africa Die Steel Market Size
    12.2 Africa Die Steel Key Players in North America
    12.3 Africa Die Steel Market Size by Type
    12.4 Africa Die Steel Market Size by Application
13. Oceania
    13.1 Oceania Die Steel Market Size
    13.2 Oceania Die Steel Key Players in North America
    13.3 Oceania Die Steel Market Size by Type
    13.4 Oceania Die Steel Market Size by Application
14. South America
    14.1 South America Die Steel Market Size
    14.2 South America Die Steel Key Players in North America
    14.3 South America Die Steel Market Size by Type
    14.4 South America Die Steel Market Size by Application
15. Rest of the World
    15.1 Rest of the World Die Steel Market Size
    15.2 Rest of the World Die Steel Key Players in North America
    15.3 Rest of the World Die Steel Market Size by Type
    15.4 Rest of the World Die Steel Market Size by Application
16 Die Steel Market Dynamics
    16.1 Covid-19 Impact Market Top Trends
    16.2 Covid-19 Impact Market Drivers
    16.3 Covid-19 Impact Market Challenges
    16.4 Porter?s Five Forces Analysis
18 Regulatory Information
17 Analyst's Viewpoints/Conclusions
18 Appendix
    18.1 Research Methodology
        18.1.1 Methodology/Research Approach
        18.1.2 Data Source
    18.2 Disclaimer

Global Die Steel Market Segmentation

By Type

  1. Cold Working Die Steel
    • Used in applications such as blanking, punching, shearing, and forming
    • Characterized by high hardness, wear resistance, and dimensional stability
    • Widely adopted in automotive components, tools, and precision parts
  2. Hot-Work Die Steel
    • Designed for high-temperature operations such as forging, extrusion, and die casting
    • Exhibits excellent thermal fatigue resistance and toughness
    • Strong demand from aluminum, magnesium, and steel processing industries
  3. Others
    • Includes specialty and customized die steels
    • Used in niche industrial and heavy-duty applications

By Application

  1. Construction Industry
    • Used in fabrication tools, structural components, and heavy machinery
    • Growth supported by infrastructure development and urbanization
  2. Industrial Equipment
    • Largest application segment
    • High usage in manufacturing equipment, molds, dies, and machine tools
  3. Others
    • Includes automotive tooling, aerospace components, and energy equipment

Competitive Landscape – Key Players in the Die Steel Market

The global die steel market is highly competitive, featuring a mix of global steel majors, specialty alloy producers, and regional manufacturers. Key strategies include product innovation, metallurgical advancement, capacity expansion, and long-term supply contracts.

Major Market Participants

  • Arcelor Group
  • Aubert & Dural
  • KIND & Co
  • Schmiede Werke Groditz GmbH
  • Daido Steel
  • Hitachi Metals
  • Nippon Koshuha Steel
  • Sanyo Special Steel
  • Severstal
  • Indus Steel
  • Creusot
  • Schneider
  • Eramet
  • Era Steel
  • Edelstahl Werk
  • Tobata
  • Fukagawa
  • Kuwana
  • Wakamatsu
  • Yasugi
  • Toyama Plant
  • Shanghai Riqun
  • Changzhou Zhengtai
  • Tito
  • Yangang

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