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
By Application
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
Regional Analysis
North America
(U.S., Canada, Mexico)
Europe
(Germany, U.K., France, Italy, Spain, Russia, and others)
Asia-Pacific
(China, India, Japan, Southeast Asia)
South America
(Brazil, Argentina, and others)
Middle East & Africa
(Saudi Arabia, South Africa, and others)
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
Restraints
Trends
Opportunities
SWOT Analysis – Global Die Steel Market
Strengths
Weaknesses
Opportunities
Threats
Porter’s Five Forces Analysis – Die Steel Market
1. Threat of New Entrants – Low to Moderate
2. Bargaining Power of Suppliers – Moderate
3. Bargaining Power of Buyers – High
4. Threat of Substitutes – Moderate
5. Competitive Rivalry – High
Competitive Strategy Overview
Leading players such as Arcelor Group, Daido Steel, Hitachi Metals, Sanyo Special Steel, and Eramet focus on:
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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
By Application
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
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