Global and China Tool Steel & Die Steel Market Insights, Forecast to 2027

Tool Steel/Die Steel refers to a variety of carbon and alloy steels that are particularly well-suited to be made into tools. Tool steels are notable for their hardness, resistance to abrasion and deformation.

On the basis of product

type, Alloy Tool Steel represent the largest share of the worldwide Tool Steel/Die Steel market, with 55.24% share.In the applications, the Automotive segment is estimated to be the largest end-use industry segment of the market in 2019, with 46.38% share of global market.Voestalpine occupies most of the world’s market, with the market share more than 20%.The Asia-Pacific holds the major share in the global market, with a share of 31.93%.

Market Analysis and Insights: Global and China Tool Steel & Die Steel Market
This report focuses on global and China Tool Steel & Die Steel market.
In 2020, the global Tool Steel & Die Steel market size was US$ 3710 million and it is expected to reach US$ 4805.6 million by the end of 2027, with a CAGR of 3.8% during 2021-2027. In China the Tool Steel & Die Steel market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Tool Steel & Die Steel Scope and Market Size
Tool Steel & Die Steel market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Tool Steel & Die Steel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Tool Steel & Die Steel market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
Carbon Tool Steel
Alloy Tool Steel
High Speed Tool Steel

Segment by Application
Automotive
Shipbuilding
Machinery
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Voestalpine
Schmolz + Bickenbach
Daido Steel
Sanyo Special Steel
Baowu
Nippon Koshuha Steel
Fushun Special Steel
TG
Hitachi
Crucible Industries
ArcelorMittal
Nachi-Fujikoshi
ERAMET
GMH Gruppe
Kind & Co.
Universal Stainless