Global High Speed Steel (HSS) Metal Cutting Tools Competitive Landscape Professional Research Report 2025

Global High Speed Steel (HSS) Metal Cutting Tools Competitive Landscape Professional Research Report 2025

Research Summary

High-Speed Steel (HSS) Metal Cutting Tools are cutting tools made from a type of tool steel known as high-speed steel. HSS is renowned for its exceptional hardness, wear resistance, and ability to retain cutting edge sharpness even at elevated temperatures. These metal cutting tools, including drills, end mills, taps, and saw blades, are widely used in machining and metalworking applications where high-speed and continuous cutting are required. The unique composition of HSS, which often includes elements like tungsten, molybdenum, chromium, and vanadium, enables these tools to withstand the heat generated during cutting processes. HSS metal cutting tools are crucial in industries such as manufacturing, automotive, and aerospace, where precision and efficiency in machining various metals and alloys are essential for producing high-quality components and parts.

According to DIResearch's in-depth investigation and research, the global High Speed Steel (HSS) Metal Cutting Tools market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.

The major global  manufacturers of High Speed Steel (HSS) Metal Cutting Tools include Sandvik AB, Nachi-Fujikoshi, OSG, Kennametal, YG-1 Tool, Walter AG, Tiangong International, Shanghai Tool Works, Sumitomo Electric Industries, TDC Cutting Tools, Harbin No.1 Tool Manufacturing, Harbin Measuring & Cutting Tool, Tivoly, Addison, Chengliang Tools, Sutton Tools, Henan Yigong Zuanye, Raymond(JK Files), LMT Onsrud LP, DeWALT, Jore Corporation, Guhring, Somta Tools, BIG Kaiser etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of High Speed Steel (HSS) Metal Cutting Tools. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global High Speed Steel (HSS) Metal Cutting Tools market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the High Speed Steel (HSS) Metal Cutting Tools market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of High Speed Steel (HSS) Metal Cutting Tools industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.  

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of High Speed Steel (HSS) Metal Cutting Tools Include:

Sandvik AB

Nachi-Fujikoshi

OSG

Kennametal

YG-1 Tool

Walter AG

Tiangong International

Shanghai Tool Works

Sumitomo Electric Industries

TDC Cutting Tools

Harbin No.1 Tool Manufacturing

Harbin Measuring & Cutting Tool

Tivoly

Addison

Chengliang Tools

Sutton Tools

Henan Yigong Zuanye

Raymond(JK Files)

LMT Onsrud LP

DeWALT

Jore Corporation

Guhring

Somta Tools

BIG Kaiser

High Speed Steel (HSS) Metal Cutting Tools Product Segment Include:

HSS Milling Tools

HSS Drilling Tools

HSS Tapping Tools

HSS Reaming & Counterboring Tools

HSS Gear Cutting Tools

HSS Broaching Tools

Other

High Speed Steel (HSS) Metal Cutting Tools Product Application Include:

Automobile Industry

Oil & Gas Industry

Machinery Industry

Aircraft Industry

Other

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends

Chapter 2: Global High Speed Steel (HSS) Metal Cutting Tools Industry PESTEL Analysis

Chapter 3: Global High Speed Steel (HSS) Metal Cutting Tools Industry Porter’s Five Forces Analysis

Chapter 4: Global High Speed Steel (HSS) Metal Cutting Tools Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis

Chapter 5: Global High Speed Steel (HSS) Metal Cutting Tools Market Size and Forecast by Type and Application Analysis

Chapter 6: North America High Speed Steel (HSS) Metal Cutting Tools Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 7: Europe High Speed Steel (HSS) Metal Cutting Tools Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: China High Speed Steel (HSS) Metal Cutting Tools Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: APAC (Excl. China) High Speed Steel (HSS) Metal Cutting Tools Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: Latin America High Speed Steel (HSS) Metal Cutting Tools Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Middle East and Africa High Speed Steel (HSS) Metal Cutting Tools Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Global High Speed Steel (HSS) Metal Cutting Tools Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 15: Research Findings and Conclusion

Chapter 16: Methodology and Data Sources