As the global economy mends, the 2021 growth of HSS Cutting Tools will have significant change from previous year. According to our (researcher) latest study, the global HSS Cutting Tools market size is USD million in 2022 from USD 3971.7 million in 2021, with a change of % between 2021 and 2022. The global HSS Cutting Tools market size will reach USD 4819 million in 2028, growing at a CAGR of 2.8% over the analysis period.
The United States HSS Cutting Tools market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global HSS Cutting Tools market, reaching US$ million by the year 2028. As for the Europe HSS Cutting Tools landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main HSS Cutting Tools players cover Sandvik, OSG, MMC, and Kennametal, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of HSS Cutting Tools market by product type, application, key manufacturers and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6
HSS Milling Tools
HSS Drilling Tools
HSS Tapping Tools
HSS Gear Cutting Tools
Others
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.
Automobile
Machinery
Energy
Rail Transport & Aircraft
Medical
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, include
Sandvik
OSG
MMC
Kennametal
TDC Cutting Tools
Shanghai Tool Works
NACHI-FUJIKOSHI
YG-1
Tiangong International Company
Chinachengliang
HMCT Group
HYGZT