High Speed Steels Market reports and Global Analysis

 High Speed Steels Market reports and Global Analysis

High Speed Steels , Industry Analysis Report, Regional Outlook, Application Development, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2025 ? 2035, Chem Reports

Global analysis of the High Speed Steels Market including market trends, applications, and growth forecasts.

Pages: 178

Format: PDF

Date: 11-2025

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Market Overview 

The global High Speed Steels (HSS) Market is projected to grow steadily from 2025 to 2035, increasing from USD XX million in 2025 to USD XX million by 2035 at an estimated CAGR of XX%. With 2024 as the base year, this report provides comprehensive insights into future market trends and developments. The primary objective of the study is to offer a thorough understanding of the HSS market, including its definition, segmentation, growth potential, industry trends, and the key challenges influencing market dynamics. The report is based on extensive research drawn from credible sources, including company publications, industry journals, and expert evaluations. Data is presented through clear visual tools such as graphs, charts, and diagrams to enhance readability and help users grasp market insights more effectively.

Market Segmentation

1. By Product Type

  • T-Type High Speed Steels (Tungsten-based)
    • T1
    • T15
    • Other tungsten-rich HSS grades
  • M-Type High Speed Steels (Molybdenum-based)
    • M1
    • M2
    • M42
    • Other molybdenum-rich grades
  • Cobalt-Enhanced HSS
    • For high-heat applications and improved wear resistance
  • Powder Metallurgy (PM) HSS
    • High-performance, high-uniformity grades for advanced tools

2. By Shape/Form

  • Round Bars
  • Square Bars
  • Sheets & Plates
  • Cutting Tools (pre-shaped)
  • Coils
  • Flats

3. By Application

  • Cutting Tools
    • Drills
    • Reamers
    • Taps
    • End mills
    • Saw blades
  • Tooling for Manufacturing
    • Lathe tools
    • Milling tools
    • Punches & dies
    • Threading tools
  • Automotive & Aerospace Components
  • Metalworking
    • Forging dies
    • Cold work tools
  • Oil & Gas Drilling Tools
  • Medical Instruments
    • Surgical blades
    • Precision tools
  • Power Generation Components
  • General Industrial Machinery

4. By End-Use Industry

  • Automotive
  • Aerospace
  • Metal Fabrication
  • Industrial Machinery
  • Oil & Gas
  • Energy & Power
  • Construction
  • Medical & Healthcare
  • Electronics and Precision Engineering

Key Market Players

Global Leaders

  • Voestalpine AG
  • Sandvik AB
  • Nachi-Fujikoshi Corporation
  • Friedr. Dick GmbH
  • Kennametal Inc.
  • Daido Steel Co.
  • Erasteel (Eramet Group)
  • Hitachi Metals
  • Tiangong International
  • OSG Corporation

Prominent Manufacturers

  • ArcelorMittal
  • Thyssenkrupp Materials
  • Carpenter Technology
  • Aubert & Duval
  • Heye Special Steel
  • Wuxi Huagang Steel
  • FEINF Tool Steel

Emerging & Regional Players

  • Shanghai Tool Works
  • Bohler-Uddeholm
  • Severstal Steel
  • Zhejiang Shanghong Steel
  • Jiangsu Fuda Special Steel

Regional Analysis

1. North America

  • Strong demand from automotive, aerospace, and industrial manufacturing sectors.
  • Technological advancements in precision tools and machining drive adoption.
  • Significant use in metalworking and energy applications.

2. Europe

  • Leading producers and consumers of high-performance HSS.
  • Germany, Italy, France, and the UK dominate due to strong manufacturing bases.
  • High focus on advanced cutting tools and machining processes.

3. Asia-Pacific (Largest & Fastest Growing Region)

  • Massive manufacturing and metalworking industries in China, India, Japan, and South Korea.
  • Increasing investments in automotive, aerospace, and industrial machinery.
  • Rapid adoption of PM-HSS and cobalt-based grades for high-performance applications.

4. Latin America

  • Growing demand from automotive components, machining, and industrial sectors.
  • Brazil and Mexico are the major markets.

5. Middle East & Africa

  • Expanding industrial and construction activities support moderate demand.
  • Growing interest in precision tools for oil & gas and manufacturing sectors.

Market Drivers

1. Growing Demand from Metalworking and Manufacturing Industries

  • High-speed steels remain essential for cutting, drilling, milling, and shaping metal.
  • Expansion in machining, fabrication, and tooling industries drives steady demand.

2. Increased Usage in Automotive & Aerospace Sectors

  • HSS tools are widely used for precision machining of engine parts, transmission systems, and aircraft components.
  • Rising production of vehicles and aircraft boosts tool consumption.

3. Cost-Effectiveness Compared to Carbides

  • Although carbide tools offer higher performance, HSS tools are more economical and easier to regrind.
  • Strong adoption in small and medium-sized manufacturing setups.

4. Superior Mechanical and Thermal Properties

  • HSS provides high hardness, wear resistance, and ability to maintain cutting performance under high temperatures.
  • Excellent versatility for varied industrial machining operations.

5. Growing Industrial Automation and CNC Machining

  • CNC machines and automated systems use a wide range of HSS tooling for precision tasks.
  • Rapid industrialization supports the use of high-performance machining materials.

Market Restraints

1. Increasing Competition from Carbide and Ceramic Tools

  • Carbide and ceramic tools offer superior heat resistance and cutting speeds.
  • Substitution threatens growth in high-precision and high-speed applications.

2. Volatile Raw Material Prices

  • Tungsten, molybdenum, and cobalt used in HSS are subject to global price fluctuations.
  • Impacts production stability and pricing strategies.

3. Limited High-End Performance Compared to Advanced Tool Materials

  • HSS cannot match carbide in hardness and longevity for very high-speed operations.
  • Affects adoption in advanced machining applications.

4. Energy-Intensive Production

  • Manufacturing of HSS involves complex metallurgy and high-temperature processing.
  • Adds to production cost and environmental burden.

5. Competition from Coated Tools

  • PVD-coated carbide, CBN, and diamond-coated tools offer superior cutting efficiency.
  • Shifts preference toward alternative materials in some industries.

Market Opportunities

1. Growing Demand for Powder Metallurgy (PM) HSS

  • PM-HSS offers superior toughness, uniformity, and wear resistance.
  • Adoption increasing in high-performance cutting and industrial tools.

2. Emerging Economies Driving Industrial Growth

  • Rapid expansion of automotive, electronics, and machinery manufacturing in Asia-Pacific, Latin America, and Africa.
  • Creates significant demand for cost-effective HSS tooling.

3. Increasing Use in Electric Vehicle (EV) Manufacturing

  • EV components require precision machining.
  • HSS tools used for drilling, shaping, and grinding battery casing, motor parts, and structural components.

4. Development of Cobalt-Free and Eco-Friendly HSS Grades

  • Market shifting toward alternative alloy compositions to reduce dependency on cobalt.
  • Potential for innovative formulations and improved tool performance.

5. Renaissance in Tool Regrinding Services

  • Demand rising for resharpening and reconditioning of HSS tools.
  • Supports circular economy and reduces manufacturing costs.

6. Expansion in Medical Equipment Manufacturing

  • Surgical tools, implants, and precision instruments rely on high-speed steel alloys.
  • Medical sector growth offers long-term opportunities.

7. Advancements in Coating Technologies

  • PVD and CVD coatings improve hardness, thermal stability, and tool life.
  • Creates opportunities for hybrid HSS–coating solutions.

Market Trends

1. Shift Toward Hybrid and Coated HSS Tools

  • Surface coatings like TiN, TiAlN, and AlCrN enhance performance and heat resistance.
  • Increasing adoption in automotive and aerospace machining.

2. Rising Popularity of PM-HSS in High-Precision Applications

  • PM-HSS is becoming a preferred choice for high-performance end mills, drills, and taps.

3. Growth of CNC Machining Centers

  • Automation and precision machining accelerate consumption of HSS tools and inserts.

4. Increasing Use of HSS in Additive Manufacturing Tooling

  • HSS powders used in metal 3D printing for specialized cutting tools and dies.

5. Sustainable Manufacturing Practices

  • Tool makers focusing on recyclable alloys and environment-friendly smelting processes.

6. Customization of Cutting Tools for Niche Applications

  • Growing demand for customized dimensions, coatings, and alloy compositions.
  • Especially relevant in aerospace, defense, and mold-making industries.

7. Rapid Expansion of Industrial Infrastructure in Asia-Pacific

  • Strong production of machinery, electronics, and automotive parts fuels HSS tooling growth.

Points Covered in The Report:
The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2020 to 2024 and forecast data from 2025 to 2035.
The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
Data and information by manufacturer, by region, by type, by application and etc, and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global  market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements.

Chapter 1 Industry Overview
1.1 Definition
1.2 Brief Introduction by Major Product Type
1.2.1 Metal Cutting Tools
1.2.2 Cold Working Tools
1.2.3 Others
1.2.4
1.2.5
1.2.6
1.2.7
1.2.8
1.2.9
1.3 Brief Introduction by Major End-Use Industry
1.3.1 Automotive Industry
1.3.2 Plastic Industry
1.3.3 Aerospace Industry
1.3.4 Energy Sector
1.3.5 Others
1.3.6
1.3.7
1.3.8
1.3.9
1.4 Brief Introduction by Major Regions
1.4.1 United States
1.4.2 Europe
1.4.3 China
1.4.4 Japan
1.4.5 India
1.5 Brief Introduction by Major
1.5.1
1.5.2
1.5.3
1.5.4
1.5.5
1.5.6
1.5.7
1.5.8
1.5.9
1.6 Brief Introduction by Major
1.6.1
1.6.2
1.6.3
1.6.4
1.6.5
1.6.6
1.6.7
1.6.8
1.6.9
1.7 Brief Introduction by Major
1.7.1
1.7.2
1.7.3
1.7.4
1.7.5
1.7.6
1.7.7
1.7.8
1.7.9
1.8 Brief Introduction by Major
1.8.1
1.8.2
1.8.3
1.8.4
1.8.5
1.8.6
1.8.7
1.8.8
1.8.9
Chapter 2 Production Market Analysis
2.1 Global Production Market Analysis
2.1.1  Global Capacity, Production, Capacity Utilization Rate, Ex-Factory Price, Revenue, Cost, Gross and Gross Margin Analysis
2.1.2  Major Manufacturers Performance and Market Share
2.2 Regional Production Market Analysis
2.2.1  Regional Market Performance and Market Share
2.2.2 United States Market
2.2.3 Europe Market
2.2.4 China Market
2.2.5 Japan Market
2.2.6 India Market
2.2.7  Market
Chapter 3 Sales Market Analysis
3.1 Global Sales Market Analysis
3.1.1  Global Sales Volume, Sales Price and Sales Revenue Analysis
3.1.2  Major Manufacturers Performance and Market Share
3.2 Regional Sales Market Analysis
3.2.1  Regional Market Performance and Market Share
3.2.2 United States Market
3.2.3 Europe Market
3.2.4 China Market
3.2.5 Japan Market
3.2.6 India Market
3.2.7  Market
Chapter 4 Consumption Market Analysis
4.1 Global Consumption Market Analysis
4.1.1  Global Consumption Volume Analysis
4.2 Regional Consumption Market Analysis
4.2.1  Regional Market Performance and Market Share
4.2.2 United States Market
4.2.3 Europe Market
4.2.4 China Market
4.2.5 Japan Market
4.2.6 India Market
4.2.7  Market
Chapter 5 Production, Sales and Consumption Market Comparison Analysis
5.1 Global Production, Sales and Consumption Market Comparison Analysis
5.2 Regional Production, Sales Volume and Consumption Volume Market Comparison Analysis
5.2.1 United States
5.2.2 Europe
5.2.3 China
5.2.4 Japan
5.2.5 India
5.2.6
Chapter 6 Major Manufacturers Production and Sales Market Comparison Analysis
6.1 Global Major Manufacturers Production and Sales Market Comparison Analysis
6.1.1  Global Major Manufacturers Production and Sales Market Comparison
6.2 Regional Major Manufacturers Production and Sales Market Comparison Analysis
6.2.1 United States
6.2.2 Europe
6.2.3 China
6.2.4 Japan
6.2.5 India
6.2.6
Chapter 7 Major Product Type Analysis
7.1  Major Product Type Market Share
7.2 Metal Cutting Tools
7.3 Cold Working Tools
7.4 Others
7.5
7.6
7.7
7.8
7.9
7.10
Chapter 8 Major End-Use IndustryAnalysis
8.1  Major End-Use Industry Market Share
8.2 Automotive Industry
8.2.1  Sales Analysis
8.3 Plastic Industry
8.3.1  Sales Analysis
8.4 Aerospace Industry
8.4.1  Sales Analysis
8.5 Energy Sector
8.5.1  Sales Analysis
8.6 Others
8.6.1  Sales Analysis
8.7
8.7.1  Sales Analysis
8.8
8.8.1  Sales Analysis
8.9
8.9.1  Sales Analysis
8.10
8.11.1  Sales Analysis
Chapter 9 Industry Chain Analysis
9.1 Up Stream Industries Analysis
9.1.1 Raw Material and Suppliers
9.1.2 Equipment and Suppliers
9.2 Manufacturing Analysis
9.2.1 Manufacturing Process
9.2.2 Manufacturing Cost Structure
9.2.3 Manufacturing Plants Distribution Analysis
9.3 Industry Chain Structure Analysis
Chapter 10 Global and Regional Market Forecast
10.1 Production Market Forecast
10.1.1 Global Market Forecast
10.1.2 Major Region Forecast
10.2 Sales Market Forecast
10.2.1 Global Market Forecast
10.2.2 Major Classification Forecast
10.3 Consumption Market Forecast
10.3.1 Global Market Forecast
10.3.2 Major Region Forecast
10.3.3 Major Application Forecast
Chapter 11 Major Manufacturers Analysis
11.1 Nachi-Fujikoshi Corporation
11.1.1 Company Introduction
11.1.2 Product Specification and Major Types Analysis
11.1.3  Production Market Performance
11.1.4  Sales Market Performance
11.1.5 Contact Information
11.2 Daido Steel Co., Ltd.
11.2.1 Company Introduction
11.2.2 Product Specification and Major Types Analysis
11.2.3  Production Market Performance
11.2.4  Sales Market Performance
11.2.5 Contact Information
11.3 Voestalpine AG
11.3.1 Company Introduction
11.3.2 Product Specification and Major Types Analysis
11.3.3  Production Market Performance
11.3.4  Sales Market Performance
11.3.5 Contact Information
11.4 Sandvik Materials Technology AB
11.4.1 Company Introduction
11.4.2 Product Specification and Major Types Analysis
11.4.3  Production Market Performance
11.4.4  Sales Market Performance
11.4.5 Contact Information
11.5 Kennametal Inc.
11.5.1 Company Introduction
11.5.2 Product Specification and Major Types Analysis
11.5.3  Production Market Performance
11.5.4  Sales Market Performance
11.5.5 Contact Information
11.6 Hudson Tool Steel Corporation
11.6.1 Company Introduction
11.6.2 Product Specification and Major Types Analysis
11.6.3  Production Market Performance
11.6.4  Sales Market Performance
11.6.5 Contact Information
11.7 Erasteel
11.7.1 Company Introduction
11.7.2 Product Specification and Major Types Analysis
11.7.3  Production Market Performance
11.7.4  Sales Market Performance
11.7.5 Contact Information
11.8 Friedr. Lohmann GmbH
11.8.1 Company Introduction
11.8.2 Product Specification and Major Types Analysis
11.8.3  Production Market Performance
11.8.4  Sales Market Performance
11.8.5 Contact Information
11.9 Arcelormittal S.A.
11.9.1 Company Introduction
11.9.2 Product Specification and Major Types Analysis
11.9.3  Production Market Performance
11.9.4  Sales Market Performance
11.9.5 Contact Information
11.10 Thyssenkrupp AG
11.10.1 Company Introduction
11.10.2 Product Specification and Major Types Analysis
11.10.3  Production Market Performance
11.10.4  Sales Market Performance
11.10.5 Contact Information
11.11 Tiangong International Co., Ltd.
11.11.1 Company Introduction
11.11.2 Product Specification and Major Types Analysis
11.11.3  Production Market Performance
11.11.4  Sales Market Performance
11.11.5 Contact Information
11.12 Guhring Inc.
11.12.1 Company Introduction
11.12.2 Product Specification and Major Types Analysis
11.12.3  Production Market Performance
11.12.4  Sales Market Performance
11.12.5 Contact Information
11.13 Heye Special Steel Co., Ltd.
11.13.1 Company Introduction
11.13.2 Product Specification and Major Types Analysis
11.13.3  Production Market Performance
11.13.4  Sales Market Performance
11.13.5 Contact Information
11.14 Nippon Koshuha Steel Co., Ltd.
11.14.1 Company Introduction
11.14.2 Product Specification and Major Types Analysis
11.14.3  Production Market Performance
11.14.4  Sales Market Performance
11.14.5 Contact Information
11.15 OSG Corporation
11.15.1 Company Introduction
11.15.2 Product Specification and Major Types Analysis
11.15.3  Production Market Performance
11.15.4  Sales Market Performance
11.15.5 Contact Information
11.16 Carpenter
11.16.1 Company Introduction
11.16.2 Product Specification and Major Types Analysis
11.16.3  Production Market Performance
11.16.4  Sales Market Performance
11.16.5 Contact Information
11.17 Graphite India Limited
11.17.1 Company Introduction
11.17.2 Product Specification and Major Types Analysis
11.17.3  Production Market Performance
11.17.4  Sales Market Performance
11.17.5 Contact Information
11.18 Tivoly SA
11.18.1 Company Introduction
11.18.2 Product Specification and Major Types Analysis
11.18.3  Production Market Performance
11.18.4  Sales Market Performance
11.18.5 Contact Information
11.19 Crucible Industries LLC
11.19.1 Company Introduction
11.19.2 Product Specification and Major Types Analysis
11.19.3  Production Market Performance
11.19.4  Sales Market Performance
11.19.5 Contact Information
11.20 Dneprospetsstal
11.20.1 Company Introduction
11.20.2 Product Specification and Major Types Analysis
11.20.3  Production Market Performance
11.20.4  Sales Market Performance
11.20.5 Contact Information
11.21
Jiangsu Fuda Special Steel Co., Ltd
11.21.1 Company Introduction
11.21.2 Product Specification and Major Types Analysis
11.21.3  Production Market Performance
11.21.4  Sales Market Performance
11.21.5 Contact Information
11.22
Feida Group
11.22.1 Company Introduction
11.22.2 Product Specification and Major Types Analysis
11.22.3  Production Market Performance
11.22.4  Sales Market Performance
11.22.5 Contact Information
11.23
West Yorkshire Steel Co. Ltd.
11.23.1 Company Introduction
11.23.2 Product Specification and Major Types Analysis
11.23.3  Production Market Performance
11.23.4  Sales Market Performance
11.23.5 Contact Information
11.24
Big Kaiser Precision Tooling Inc.
11.24.1 Company Introduction
11.24.2 Product Specification and Major Types Analysis
11.24.3  Production Market Performance
11.24.4  Sales Market Performance
11.24.5 Contact Information
11.25
Onsurd
11.25.1 Company Introduction
11.25.2 Product Specification and Major Types Analysis
11.25.3  Production Market Performance
11.25.4  Sales Market Performance
11.25.5 Contact Information
11.26

11.26.1 Company Introduction
11.26.2 Product Specification and Major Types Analysis
11.26.3  Production Market Performance
11.26.4  Sales Market Performance
11.26.5 Contact Information
11.27

11.27.1 Company Introduction
11.27.2 Product Specification and Major Types Analysis
11.27.3  Production Market Performance
11.27.4  Sales Market Performance
11.27.5 Contact Information
11.28

11.28.1 Company Introduction
11.28.2 Product Specification and Major Types Analysis
11.28.3  Production Market Performance
11.28.4  Sales Market Performance
11.28.5 Contact Information
11.29

11.29.1 Company Introduction
11.29.2 Product Specification and Major Types Analysis
11.29.3  Production Market Performance
11.29.4  Sales Market Performance
11.29.5 Contact Information
11.30

11.30.1 Company Introduction
11.30.2 Product Specification and Major Types Analysis
11.30.3  Production Market Performance
11.30.4  Sales Market Performance
11.30.5 Contact Information
11.31

11.31.1 Company Introduction
11.31.2 Product Specification and Major Types Analysis
11.31.3  Production Market Performance
11.31.4  Sales Market Performance
11.31.5 Contact Information
11.32

11.32.1 Company Introduction
11.32.2 Product Specification and Major Types Analysis
11.32.3  Production Market Performance
11.32.4  Sales Market Performance
11.32.5 Contact Information
11.33

11.33.1 Company Introduction
11.33.2 Product Specification and Major Types Analysis
11.33.3  Production Market Performance
11.33.4  Sales Market Performance
11.33.5 Contact Information
11.34

11.34.1 Company Introduction
11.34.2 Product Specification and Major Types Analysis
11.34.3  Production Market Performance
11.34.4  Sales Market Performance
11.34.5 Contact Information
11.35

11.35.1 Company Introduction
11.35.2 Product Specification and Major Types Analysis
11.35.3  Production Market Performance
11.35.4  Sales Market Performance
11.35.5 Contact Information
11.36

11.36.1 Company Introduction
11.36.2 Product Specification and Major Types Analysis
11.36.3  Production Market Performance
11.36.4  Sales Market Performance
11.36.5 Contact Information
11.37

11.37.1 Company Introduction
11.37.2 Product Specification and Major Types Analysis
11.37.3  Production Market Performance
11.37.4  Sales Market Performance
11.37.5 Contact Information
11.38

11.38.1 Company Introduction
11.38.2 Product Specification and Major Types Analysis
11.38.3  Production Market Performance
11.38.4  Sales Market Performance
11.38.5 Contact Information
11.39

11.39.1 Company Introduction
11.39.2 Product Specification and Major Types Analysis
11.39.3  Production Market Performance
11.39.4  Sales Market Performance
11.39.5 Contact Information
11.40

11.40.1 Company Introduction
11.40.2 Product Specification and Major Types Analysis
11.40.3  Production Market Performance
11.40.4  Sales Market Performance
11.40.5 Contact Information
Chapter 12 New Project Investment Feasibility Analysis
12.1 New Project SWOT Analysis
12.2 New Project Investment Feasibility Analysis
Chapter 13 Conclusions
Chapter 14 Appendix
Author List
Disclosure Section
Research Methodology
Data Source
Interview List
Global Disclaimer

Market Segmentation

1. By Product Type

  • T-Type High Speed Steels (Tungsten-based)
    • T1
    • T15
    • Other tungsten-rich HSS grades
  • M-Type High Speed Steels (Molybdenum-based)
    • M1
    • M2
    • M42
    • Other molybdenum-rich grades
  • Cobalt-Enhanced HSS
    • For high-heat applications and improved wear resistance
  • Powder Metallurgy (PM) HSS
    • High-performance, high-uniformity grades for advanced tools

2. By Shape/Form

  • Round Bars
  • Square Bars
  • Sheets & Plates
  • Cutting Tools (pre-shaped)
  • Coils
  • Flats

3. By Application

  • Cutting Tools
    • Drills
    • Reamers
    • Taps
    • End mills
    • Saw blades
  • Tooling for Manufacturing
    • Lathe tools
    • Milling tools
    • Punches & dies
    • Threading tools
  • Automotive & Aerospace Components
  • Metalworking
    • Forging dies
    • Cold work tools
  • Oil & Gas Drilling Tools
  • Medical Instruments
    • Surgical blades
    • Precision tools
  • Power Generation Components
  • General Industrial Machinery

4. By End-Use Industry

  • Automotive
  • Aerospace
  • Metal Fabrication
  • Industrial Machinery
  • Oil & Gas
  • Energy & Power
  • Construction
  • Medical & Healthcare
  • Electronics and Precision Engineering

Key Market Players

Global Leaders

  • Voestalpine AG
  • Sandvik AB
  • Nachi-Fujikoshi Corporation
  • Friedr. Dick GmbH
  • Kennametal Inc.
  • Daido Steel Co.
  • Erasteel (Eramet Group)
  • Hitachi Metals
  • Tiangong International
  • OSG Corporation

Prominent Manufacturers

  • ArcelorMittal
  • Thyssenkrupp Materials
  • Carpenter Technology
  • Aubert & Duval
  • Heye Special Steel
  • Wuxi Huagang Steel
  • FEINF Tool Steel

Emerging & Regional Players

  • Shanghai Tool Works
  • Bohler-Uddeholm
  • Severstal Steel
  • Zhejiang Shanghong Steel
  • Jiangsu Fuda Special Steel

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