Tool Steel Global Market Report 2025

Tool Steel Global Market Report 2025 – By Product Type (Water-Hardening, Cold-Work, Shock-Resisting, High Speed, Hot-Working, Special Purpose), By Material Type (Tungsten, Chromium, Vanadium, Molybdenum), By End Use (General Manufacturing, Automotive, Defense And Aerospace, Electronics And Electrical, Ship Building, Other End Uses) – Market Size, Trends, And Global Forecast 2025-2034

Name: Tool Steel Global Market Report 2025
Creator: The Business Research Company
License: https://www.thebusinessresearchcompany.com/privacy-policy

Tool Steel Global Market Report 2025

Report Price : $4490.00 | Pages : 200 | Published : January 2025 | Delivery Time: 2-3 business days | Format : pdf

Purchase Options

Request a Sample

Request For Discount

Customise Your Report

Item added to cart!

Request For Proposal

Request For Regional Data

FAQs

Need assistance or more information before the purchase?

Enquire Before Buying

Proud Members Of

Tool Steel Market Definition

Tool steel is a carbon and alloy steel having distinct characteristics such as wear resistance, hardness, toughness, and resistance to softening at elevated temperatures that are well-suited to producing tools such as hand tools and machine dies. The tool steel is used to make cutting tools for machining metals.

The main types of products covered in the tool steel market include water-hardening, cold-work, shock-resisting, high-speed, hot-working, and special purpose. Water-hardening tool steel is also referred to as W-group tool steel and can be easily hardened by heating and quenching in water. The types of materials used in the manufacturing of tool steel include tungsten, chromium, vanadium, and molybdenum. The various end-users of tool steel include general manufacturing, automotive, defense and aerospace, electronics and electrical, shipbuilding, and others.

Tool Steel Market Segmentation

The tool steel market covered in this report is segmented –

1) By Product Type: Water-Hardening, Cold-Work, Shock-Resisting, High Speed, Hot-Working, Special Purpose

2) By Material Type: Tungsten, Chromium, Vanadium, Molybdenum

3) By End Use: General Manufacturing, Automotive, Defense And Aerospace, Electronics And Electrical, Ship Building, Other End Uses

Subsegments:

1) By Water-Hardening: W1 Tool Steel, W2 Tool Steel

2) By Cold-Work: D-Series (D2, D3 Tool Steel), O-Series (O1, O2 Tool Steel), A-Series (A2, A6 Tool Steel)

3) By Shock-Resisting: S1 Tool Steel, S5 Tool Steel, S7 Tool Steel

4) By High Speed: M-Series (M2, M42 Tool Steel), T-Series (T1 Tool Steel)

5) By Hot-Working: H-Series (H11, H13 Tool Steel), AISI H19 Tool Steel

6) By Special Purpose: P-Series (Plastic Mold Steels), L-Series (Low-Alloy Steels), F-Series (Forging Tool Steels)

Tool Steel Market Size and growth rate 2025 to 2029: Graph

Tool Steel Market Size 2025 And Growth Rate

The tool steel market size has grown strongly in recent years. It will grow from $6.53 billion in 2024 to $6.92 billion in 2025 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to strong economic growth in emerging markets, growth in the automotive industry, and a rise in demand for forged metals.

Tool Steel Market Growth Forecast

The tool steel market size is expected to see strong growth in the next few years. It will grow to $8.96 billion in 2029 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to increasing investments in infrastructure projects, a growing building and construction sector, and rising urbanization. Major trends in the forecast period include technological advancement, developments in tool steel such as advanced alloys, mergers and acquisitions, and product innovations.

Book your 30 minutes free consultation with our research experts

Tool Steel Market Driver: Automotive Industry Growth Fuels Expansion In The Tool Steel Market

The growing automotive industry is expected to propel the growth of the tool steel market going forward. Automotive industries refer to companies and organizations involved in the development, design, manufacturing, and marketing of motor vehicles. Tool steel such as stainless steel, high-strength steel, low-carbon, high-carbon, or galvanized steel helps the automotive industry in the production of vehicle and engine components. For instance, according to India Brand Equity Foundation, an Indian government export promotion agency, in January 2022, the total production of passenger vehicles, three-wheelers, two-wheelers, and quadricycles reached 1.86 million units. Therefore, the growing automotive industry is expected to boost demand for tool steel during the forecast period.

Tool Steel Market Driver: Tool Steel Market Surges With The Boom In Building And Construction

The growing building and construction sector is propelling the tool steel market in the forecast period. Tool steel is used in the production of structural sections, window frames, mullions, building profiles, and many other components of construction. Tool steel is also found as a component of machines used for pipe bending, punching, and metal stamping. There is a significant increase in construction expenditure investment, increasing demand for tool steel. For example, in 2022, according to a report published by Canada's national statistical agency, the investment in building construction increased from $11,487 million in April 2020 to $20,779 million in 2022. Therefore, the growing building and construction sector will fuel the growth of the tool steel market.

Global Tool Steel Market Major Players

Major companies operating in the tool steel market include Hitachi Metal ltd, Swiss Steel Group, Voestalpine AG, China Baowu Steel Group Corp, Tiangong International, Sandvik, QiLu Special Steel Co. Ltd, Samuel Son & Co, NACHI- Fujikoshi Corporation, Nippon Steel, JFE Steel Corporation, Tata Steel Limited, Kobe Steel Limited, Ningbo BST Metal Products Co. Ltd., Nanjing Hengjie Industrial Co. Ltd., ArcelorMittal, Suzuki Garphyttan Ab, Avocet Steel, ANCORA SCM, Valteknica Incom SRL, Beloretsk Metallurgical Plant AO, Hudson Tool Steel Corporation, Nucor Corporation, Sovereign Steel Manufacturing, Algoma Steel Inc., Ternium S.A., Continental Steel & Tube Co., A-1 Alloys, AAA Metals Co. Inc., Gibbs Wire & Steel Co., Tata Steel Minerals Canada Ltd., Posco America, Ternium Argentina SA, Aperam South America, Gerdau, The Yehuda Group, Hod Assaf Industries Ltd., Ezz Steel, Kandil Steel Company, BSi Steel Pty Ltd.

Global Tool Steel Market Trend: Tool Steel Market Advances With Cutting-Edge Products And Technologies

Innovative products and technologies are gaining great popularity in the tool steel market. The key players operating in the tool steel market are focusing on developing innovative tools with advanced materials to meet the industry's demands and expand their business presence. For instance, in November 2022, Headmade Materials GmbH, a German-based company specializing in the productive metal 3D printing process launched M2 tool steel. This product has good toughness, wear resistance, and hardness properties, as well as a high part density of 99%. It has replaced grade T1 in most applications worldwide, making IT the most popular type of high-speed steel.

Global Tool Steel Market Trend: Product Innovation in the Tool Steel Market: Sandvik Unveils Osprey HWTS 50 for Additive Manufacturing

With the rapid pace of technological progress in recent years, technological advancement is a trend that is expected to continue in the future. These advancements can lead to increased efficiency and productivity, as well as new and improved products and services. Major companies operating in the tool steel market are focused on developing new technological solutions to strengthen their position in the market. For example, in October 2024, Sandvik, a Sweden-based engineering company launched the Osprey HWTS 50, a hot work tool steel powder specifically designed for additive manufacturing. This innovative product is tailored for high-temperature applications such as die casting and forging, offering enhanced wear resistance and thermal stability. The powder is particularly well-suited for creating complex geometries and intricate designs, meeting the growing demand for durable, high-performance tooling in manufacturing sectors.

Tool Steel Market Merger And Acquisition: GWS Tool Group Expands Capabilities With Acquisition Of Peterson Tool Company

In January 2022, Peterson Tool Company, a US-based Leading designer and manufacturer of carbide inserts and special cutting steel tools, was acquired by GWS Tool Group for an undisclosed amount Through the acquisition they aim to create a compelling value proposition for customers operating in advanced machining environments, especially in the areas of custom round and insert tooling. GWS Tool Group is a North America-based, vertically integrated manufacturer of highly engineered custom, standard, and modified cutting steel tools.

Regional Outlook For The Global Tool Steel Market

Asia-Pacific was the largest region in the tool steel market in 2024, and IT is expected to be the fastest-growing region in the forecast period. The regions covered in the tool steel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the tool steel market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

What Defines the Tool Steel Market?

The tool steel market consists of sales of blacksmith chisels, cold chisels, hot working chisels, and clutch parts. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Tool Steel Industry?

The tool steel market research report is one of a series of new reports from The Business Research Company that provides tool steel market statistics, including tool steel industry global market size, regional shares, competitors with a tool steel market share, detailed tool steel market segments, market trends and opportunities, and any further data you may need to thrive in the tool steel industry. This tool steel market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Tool Steel Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$6.92 billion
Revenue Forecast In 2034	$8.96 billion
Growth Rate	CAGR of 6.7% from 2024 to 2033
Base Year For Estimation	2024
Actual Estimates/Historical Data	2019-2024
Forecast Period	2025 - 2029 - 2034
Market Representation	Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered	1) By Product Type: Water-Hardening, Cold-Work, Shock-Resisting, High Speed, Hot-Working, Special Purpose 2) By Material Type: Tungsten, Chromium, Vanadium, Molybdenum 3) By End Use: General Manufacturing, Automotive, Defense And Aerospace, Electronics And Electrical, Ship Building, Other End Uses Subsegments: 1) By Water-Hardening: W1 Tool Steel, W2 Tool Steel 2) By Cold-Work: D-Series (D2, D3 Tool Steel), O-Series (O1, O2 Tool Steel), A-Series (A2, A6 Tool Steel) 3) By Shock-Resisting: S1 Tool Steel, S5 Tool Steel, S7 Tool Steel 4) By High Speed: M-Series (M2, M42 Tool Steel), T-Series (T1 Tool Steel) 5) By Hot-Working: H-Series (H11, H13 Tool Steel), AISI H19 Tool Steel 6) By Special Purpose: P-Series (Plastic Mold Steels), L-Series (Low-Alloy Steels), F-Series (Forging Tool Steels)
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Hitachi Metal ltd, Swiss Steel Group, Voestalpine AG, China Baowu Steel Group Corp, Tiangong International, Sandvik, QiLu Special Steel Co. Ltd, Samuel Son & Co, NACHI - Fujikoshi Corporation, Nippon Steel, JFE Steel Corporation, Tata Steel Limited, Kobe Steel Limited, Ningbo BST Metal Products Co. Ltd., Nanjing Hengjie Industrial Co. Ltd., ArcelorMittal, Suzuki Garphyttan Ab, Avocet Steel, ANCORA SCM, Valteknica Incom SRL, Beloretsk Metallurgical Plant AO, Hudson Tool Steel Corporation, Nucor Corporation, Sovereign Steel Manufacturing, Algoma Steel Inc., Ternium S.A., Continental Steel & Tube Co., A-1 Alloys, AAA Metals Co. Inc., Gibbs Wire & Steel Co., Tata Steel Minerals Canada Ltd., Posco America, Ternium Argentina SA, Aperam South America, Gerdau, The Yehuda Group, Hod Assaf Industries Ltd., Ezz Steel, Kandil Steel Company, BSi Steel Pty Ltd.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Tool Steel Market Characteristics

3. Tool Steel Market Trends And Strategies

4. Tool Steel Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid And Recovery on the Market

5. Global Tool Steel Growth Analysis And Strategic Analysis Framework

5.1. Global Tool Steel PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Tool Steel Market Growth Rate Analysis

5.4. Global Tool Steel Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Tool Steel Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Tool Steel Total Addressable Market (TAM)

6. Tool Steel Market Segmentation

6.1. Global Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Water-hardening

Cold-work

Shock-resisting

High speed

Hot-working

Special Purpose

6.2. Global Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Tungsten

Chromium

Vanadium

Molybdenum

6.3. Global Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

General Manufacturing

Automotive

Defense and Aerospace

Electronic and Electrical

Ship Building

Other End Uses

6.4. Global Tool Steel Market, Sub-Segmentation Of Water-Hardening, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

W1 Tool Steel

W2 Tool Steel

6.5. Global Tool Steel Market, Sub-Segmentation Of Cold-Work, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

D-Series (D2, D3 Tool Steel)

O-Series (O1, O2 Tool Steel)

A-Series (A2, A6 Tool Steel)

6.6. Global Tool Steel Market, Sub-Segmentation Of Shock-Resisting, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

S1 Tool Steel

S5 Tool Steel

S7 Tool Steel

6.7. Global Tool Steel Market, Sub-Segmentation Of High Speed, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

M-Series (M2, M42 Tool Steel)

T-Series (T1 Tool Steel)

6.8. Global Tool Steel Market, Sub-Segmentation Of Hot-Working, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

H-Series (H11, H13 Tool Steel)

AISI H19 Tool Steel

6.9. Global Tool Steel Market, Sub-Segmentation Of Special Purpose, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

P-Series (Plastic Mold Steels)

L-Series (Low-Alloy Steels)

F-Series (Forging Tool Steels)

7. Tool Steel Market Regional And Country Analysis

7.1. Global Tool Steel Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Tool Steel Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Tool Steel Market

8.1. Asia-Pacific Tool Steel Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Tool Steel Market

9.1. China Tool Steel Market Overview

9.2. China Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Tool Steel Market

10.1. India Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Tool Steel Market

11.1. Japan Tool Steel Market Overview

11.2. Japan Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Tool Steel Market

12.1. Australia Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Tool Steel Market

13.1. Indonesia Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Tool Steel Market

14.1. South Korea Tool Steel Market Overview

14.2. South Korea Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Tool Steel Market

15.1. Western Europe Tool Steel Market Overview

15.2. Western Europe Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Tool Steel Market

16.1. UK Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Tool Steel Market

17.1. Germany Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Tool Steel Market

18.1. France Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Tool Steel Market

19.1. Italy Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Tool Steel Market

20.1. Spain Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Tool Steel Market

21.1. Eastern Europe Tool Steel Market Overview

21.2. Eastern Europe Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Tool Steel Market

22.1. Russia Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Tool Steel Market

23.1. North America Tool Steel Market Overview

23.2. North America Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Tool Steel Market

24.1. USA Tool Steel Market Overview

24.2. USA Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Tool Steel Market

25.1. Canada Tool Steel Market Overview

25.2. Canada Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Tool Steel Market

26.1. South America Tool Steel Market Overview

26.2. South America Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Tool Steel Market

27.1. Brazil Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Tool Steel Market

28.1. Middle East Tool Steel Market Overview

28.2. Middle East Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Tool Steel Market

29.1. Africa Tool Steel Market Overview

29.2. Africa Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Tool Steel Market Competitive Landscape And Company Profiles

30.1. Tool Steel Market Competitive Landscape

30.2. Tool Steel Market Company Profiles

30.2.1. Hitachi Metal Ltd Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Swiss Steel Group Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Voestalpine AG Overview, Products and Services, Strategy and Financial Analysis

30.2.4. China Baowu Steel Group Corp Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Tiangong International Overview, Products and Services, Strategy and Financial Analysis

31. Tool Steel Market Other Major And Innovative Companies

31.1. Sandvik

31.2. QiLu Special Steel Co. Ltd

31.3. Samuel Son & Co

31.4. NACHI - Fujikoshi Corporation

31.5. Nippon Steel

31.6. JFE Steel Corporation

31.7. Tata Steel Limited

31.8. Kobe Steel Limited

31.9. Ningbo BST Metal Products Co. Ltd.

31.10. Nanjing Hengjie Industrial Co. Ltd.

31.11. ArcelorMittal

31.12. Suzuki Garphyttan Ab

31.13. Avocet Steel

31.14. ANCORA SCM

31.15. Valteknica Incom SRL

32. Global Tool Steel Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Tool Steel Market

34. Recent Developments In The Tool Steel Market

35. Tool Steel Market High Potential Countries, Segments and Strategies

35.1 Tool Steel Market In 2029 - Countries Offering Most New Opportunities

35.2 Tool Steel Market In 2029 - Segments Offering Most New Opportunities

35.3 Tool Steel Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Tool Steel Market, Sub-Segmentation Of Water-Hardening, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Tool Steel Market, Sub-Segmentation Of Cold-Work, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Tool Steel Market, Sub-Segmentation Of Shock-Resisting, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Tool Steel Market, Sub-Segmentation Of High Speed, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Tool Steel Market, Sub-Segmentation Of Hot-Working, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Global Tool Steel Market, Sub-Segmentation Of Special Purpose, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Global Tool Steel Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Global Tool Steel Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: Asia-Pacific, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: Asia-Pacific, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: Asia-Pacific, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: China, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: China, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: China, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: India, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: India, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: India, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Japan, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Japan, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Japan, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Australia, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Australia, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Australia, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: Indonesia, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: Indonesia, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: Indonesia, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: South Korea, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: South Korea, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: South Korea, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: Western Europe, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: Western Europe, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: Western Europe, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: UK, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: UK, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: UK, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: Germany, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: Germany, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: Germany, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: France, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: France, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: France, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Italy, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Italy, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Italy, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Spain, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Spain, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Spain, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Eastern Europe, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Eastern Europe, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Eastern Europe, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: Russia, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: Russia, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: Russia, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: North America, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: North America, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: North America, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: USA, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: USA, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: USA, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: Canada, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: Canada, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: Canada, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: South America, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: South America, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: South America, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Brazil, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Brazil, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Brazil, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Middle East, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Middle East, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Middle East, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: Africa, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 78: Africa, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 79: Africa, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 80: Hitachi Metal Ltd Financial Performance

Table 81: Swiss Steel Group Financial Performance

Table 82: Voestalpine AG Financial Performance

Table 83: China Baowu Steel Group Corp Financial Performance

Table 84: Tiangong International Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Tool Steel Market, Sub-Segmentation Of Water-Hardening, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Tool Steel Market, Sub-Segmentation Of Cold-Work, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Tool Steel Market, Sub-Segmentation Of Shock-Resisting, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Tool Steel Market, Sub-Segmentation Of High Speed, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Tool Steel Market, Sub-Segmentation Of Hot-Working, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Global Tool Steel Market, Sub-Segmentation Of Special Purpose, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Global Tool Steel Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Global Tool Steel Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: Asia-Pacific, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: Asia-Pacific, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: Asia-Pacific, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: China, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: China, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: China, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: India, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: India, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: India, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Japan, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Japan, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Japan, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Australia, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Australia, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Australia, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: Indonesia, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: Indonesia, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: Indonesia, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: South Korea, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: South Korea, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: South Korea, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: Western Europe, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: Western Europe, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: Western Europe, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: UK, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: UK, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: UK, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: Germany, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: Germany, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: Germany, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: France, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: France, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: France, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Italy, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Italy, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Italy, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Spain, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Spain, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Spain, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Eastern Europe, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Eastern Europe, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Eastern Europe, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: Russia, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: Russia, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: Russia, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: North America, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: North America, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: North America, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: USA, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: USA, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: USA, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: Canada, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: Canada, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: Canada, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: South America, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: South America, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: South America, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Brazil, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Brazil, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Brazil, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Middle East, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Middle East, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Middle East, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: Africa, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 78: Africa, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 79: Africa, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 80: Hitachi Metal Ltd Financial Performance

Figure 81: Swiss Steel Group Financial Performance

Figure 82: Voestalpine AG Financial Performance

Figure 83: China Baowu Steel Group Corp Financial Performance

Figure 84: Tiangong International Financial Performance

Global Dehumidifiers Market Opportunities And Strategies – Forecast To 2030 – Includes Dehumidifiers Market Research

Forecasting till 2030: Opportunities And Strategies In The Global Farm Machinery And Equipment Market – Includes Farm Machinery And Equipment Market Share

Forecasting till 2030: Opportunities And Strategies In The Global Carbon Capture, Utilization, And Storage Market – Includes Carbon Capture, Utilization, And Storage Market Analysis

Insights On The Semiconductor Assembly And Packaging Equipment Market Size And Growth Rate – Includes Semiconductor Assembly And Packaging Equipment Market Overview

The Business Research Company offers the medical robots market research report 2022 with industry size, share, segments and market growth

The Business Research Company offers the gantry robot market research report 2022 with industry size, share, segments and market growth

The Business Research Company offers the compressors market research report 2022 with industry size, share, segments and market growth

The Business Research Company offers the dehumidifiers market research report 2022 with industry size, share, segments and market growth

Metal Products Global Market Report 2025 – By Type (Forged and Stamped Goods, Cutlery and Hand Tools, Architectural And Structural Metals, Boiler, Tank, And Shipping Container, Hardware, Spring And Wire Products, Machine Shops, Turned Product, Screw, Nut And Bolt, Coated, Engraved, Heat-Treated Metal Products, Metal Valves, Other Fabricated Metal Products), By Metal Type (Iron Ore, Copper, Other Metal Types, Zinc, Nickel, Gold Ore, Lead, Silver Ore), By End User (Construction, Manufacturing, Other End Users) – Market Size, Trends, And Global Forecast 2025-2034

View Report

Foundries Global Market Report 2025 – By Type (Ferrous Metal Foundries, Nonferrous Metal Foundries), By Foundry Type (Pure Play Foundry, Integrated Device Manufacturers), By Application (Automobile, Pipes and Fittings, Agricultural Machinery, Electrical Equipment, Machine Tools, Other Applications) – Market Size, Trends, And Global Forecast 2025-2034

View Report

Industrial Controls Global Market Report 2025 – By Control system (Distributed Control System (DCS), Supervisory Control & Data Acquisition System (SCADA), Manufacturing Execution System (MES)), By Component (Modular Terminal Block, Relays and Optocouplers, Surge Protectors, Marking Systems, Printing, Ferrules Cable Lugs, Handtools, Testers, Enclosure Products, PCB Connectors and Terminals, Heavy Duty Connectors, Analog Signal Conditioner, Electronics Housings, Power Supplies, Industrial Ethernet, Remote IO), By End User (Automotive, Utility, Electronics & Semiconductor, Mining, Other End Users) – Market Size, Trends, And Global Forecast 2025-2034

View Report

Cutting Tool And Machine Tool Accessory Global Market Report 2025 – By Type (Metalworking Knives And Bits, Measuring Attachments, Metalworking Drill Bits, Machine Tool Taps And Dies), By Application (Automotive, Manufacturing, Other Applications), By Sales Channel (Direct, Indirect) – Market Size, Trends, And Global Forecast 2025-2034

View Report

Metalworking Machinery Global Market Report 2025 – By Type (Special Die And Tool, Die Set, Jig, And Fixture, Machine Tool, Industrial Mold, Rolling Mill And Other Metalworking Machinery, Cutting Tool And Machine Tool Accessory), By Capacity (Small, Medium, Large), By Application (Automotive, Manufacturing, Other Applications) – Market Size, Trends, And Global Forecast 2025-2034

View Report

Special Die And Tool, Die Set, Jig, And Fixture Global Market Report 2025 – By Type (Dies, Stamping And Other Tools, Jigs And Fixtures), By Capacity (Small, Medium, Large), By Application (Manufacturing, Automotive, Other Applications) – Market Size, Trends, And Global Forecast 2025-2034

View Report

3D Printing Services Global Market Report 2025 – By Service Offering (Tooling, Parts Production, Software Services, System Maintenance, Expert Service), By Application (Prototyping, Tooling, Functional Parts Manufacturing), By End user (Consumer Products, Automotive, Healthcare, Aerospace And Defense) – Market Size, Trends, And Global Forecast 2025-2034

View Report

Cutlery And Hand Tools Global Market Report 2025 – By Type (Metal Kitchen Cookware, Utensil, Cutlery and Flatware, Saw Blade and Hand Tool), By Application (Household, Commercial), By Sales Channel (Online Sales, Company Direct Sales, Other Sales Channel) – Market Size, Trends, And Global Forecast 2025-2034

View Report

Frequently Asked Questions

What is the definition of the Tool Steel market?

How will the Tool Steel market drivers and restraints affect the market dynamics? What forces will shape the Tool Steel industry going forward?

The Tool Steel market major growth driver - Automotive Industry Growth Fuels Expansion In The Tool Steel Market. For further insights on the Tool Steel market, request a sample here

What is the forecast market size or the forecast market value of the Tool Steel market?

The Tool Steel market size has grown strongly in recent years. The tool steel market size has grown strongly in recent years. It will grow from $6.53 billion in 2024 to $6.92 billion in 2025 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to strong economic growth in emerging markets, growth in the automotive industry, and a rise in demand for forged metals. The tool steel market size is expected to see strong growth in the next few years. It will grow to $8.96 billion in 2029 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to increasing investments in infrastructure projects, a growing building and construction sector, and rising urbanization. Major trends in the forecast period include technological advancement, developments in tool steel such as advanced alloys, mergers and acquisitions, and product innovations. For further insights on the Tool Steel market, request a sample here

How is the Tool Steel market segmented?

The tool steel market covered in this report is segmented –
1) By Product Type: Water-Hardening, Cold-Work, Shock-Resisting, High Speed, Hot-Working, Special Purpose
2) By Material Type: Tungsten, Chromium, Vanadium, Molybdenum
3) By End Use: General Manufacturing, Automotive, Defense And Aerospace, Electronics And Electrical, Ship Building, Other End Uses Subsegments:
1) By Water-Hardening: W1 Tool Steel, W2 Tool Steel
2) By Cold-Work: D-Series (D2, D3 Tool Steel), O-Series (O1, O2 Tool Steel), A-Series (A2, A6 Tool Steel)
3) By Shock-Resisting: S1 Tool Steel, S5 Tool Steel, S7 Tool Steel
4) By High Speed: M-Series (M2, M42 Tool Steel), T-Series (T1 Tool Steel)
5) By Hot-Working: H-Series (H11, H13 Tool Steel), AISI H19 Tool Steel
6) By Special Purpose: P-Series (Plastic Mold Steels), L-Series (Low-Alloy Steels), F-Series (Forging Tool Steels) For further insights on the Tool Steel market, request a sample here

Which region has the largest share of the Tool Steel market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the tool steel market in 2024, and it is expected to be the fastest-growing region in the forecast period. The regions covered in the tool steel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the Tool Steel market, request a sample here.

Who are the major players in the Tool Steel market?

Major companies operating in the tool steel market include Hitachi Metal ltd, Swiss Steel Group, Voestalpine AG, China Baowu Steel Group Corp, Tiangong International, Sandvik, QiLu Special Steel Co. Ltd, Samuel Son & Co, NACHI - Fujikoshi Corporation, Nippon Steel, JFE Steel Corporation, Tata Steel Limited, Kobe Steel Limited, Ningbo BST Metal Products Co. Ltd., Nanjing Hengjie Industrial Co. Ltd., ArcelorMittal, Suzuki Garphyttan Ab, Avocet Steel, ANCORA SCM, Valteknica Incom SRL, Beloretsk Metallurgical Plant AO, Hudson Tool Steel Corporation, Nucor Corporation, Sovereign Steel Manufacturing, Algoma Steel Inc., Ternium S.A., Continental Steel & Tube Co., A-1 Alloys, AAA Metals Co. Inc., Gibbs Wire & Steel Co., Tata Steel Minerals Canada Ltd., Posco America, Ternium Argentina SA, Aperam South America, Gerdau, The Yehuda Group, Hod Assaf Industries Ltd., Ezz Steel, Kandil Steel Company, BSi Steel Pty Ltd. . For further insights on the Tool Steel market, request a sample here.

What are the key trends in the Tool Steel market?

Major trends in the Tool Steel market include Tool Steel Market Advances With Cutting-Edge Products And Technologies. For further insights on the Tool Steel market, request a sample here.

What are the major opportunities in the Tool Steel market? What are the strategies for the Tool Steel market?

For detailed insights on the major opportunities and strategies in the Tool Steel market, request a sample here.

How does the Tool Steel market relate to the overall economy and other similar markets?

For detailed insights on Tool Steel's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the Tool Steel industry?

For detailed insights on the mergers and acquisitions in the Tool Steel industry, request a sample here.

What are the key dynamics influencing the Tool Steel market growth? SWOT analysis of the Tool Steel market.

For detailed insights on the key dynamics influencing the Tool Steel market growth and SWOT analysis of the Tool Steel industry, request a sample here.