Global Tool Steel Competitive Landscape Professional Research Report 2025

Global Tool Steel Competitive Landscape Professional Research Report 2025

Research Summary

Tool steel is a type of high-carbon and alloy steel specifically designed for the production of tools, dies, and cutting implements. Known for its hardness, wear resistance, and ability to withstand high temperatures, tool steel is a crucial material in the manufacturing of tools used in shaping, cutting, and forming materials. The composition of tool steel often includes elements such as chromium, vanadium, tungsten, and molybdenum to enhance its properties. There are various grades and types of tool steel, each tailored to specific applications and working conditions. Common tool steel types include water-hardening, air-hardening, oil-hardening, and high-speed steels. The selection of the appropriate tool steel depends on factors such as the intended use, the type of tool or die being produced, and the required properties for optimal performance in industrial applications.

According to DIResearch's in-depth investigation and research, the global Tool Steel 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 Tool Steel include Voestalpine, Tiangong International, Swiss Steel Group, Daido Steel, Sanyo Special Steel, SIJ Metal Ravne, Dongbei Special Steel, SeAH CSS, Proterial (Hitachi Metals), Nippon Koshuha Steel, Crucible Industries, Pangang, Baosteel, ArcelorMittal, Nachi-Fujikoshi, Qilu Special Steel 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 Tool Steel. 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 Tool Steel 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 Tool Steel 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 Tool Steel 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 Tool Steel Include:

Voestalpine

Tiangong International

Swiss Steel Group

Daido Steel

Sanyo Special Steel

SIJ Metal Ravne

Dongbei Special Steel

SeAH CSS

Proterial (Hitachi Metals)

Nippon Koshuha Steel

Crucible Industries

Pangang

Baosteel

ArcelorMittal

Nachi-Fujikoshi

Qilu Special Steel

Tool Steel Product Segment Include:

Carbon Tool Steel

Alloy Tool Steel

High Speed Tool Steel

Tool Steel Product Application Include:

Automotive

Household Appliances

Telecommunications

Construction

Others

Chapter Scope

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

Chapter 2: Global Tool Steel Capacity and Production Analysis

Chapter 3: Global Tool Steel Industry PESTEL Analysis

Chapter 4: Global Tool Steel Industry Porter's Five Forces Analysis

Chapter 5: Global Tool Steel Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis

Chapter 6: Global Tool Steel Market Size and Forecast by Type and Application Analysis

Chapter 7: North America Tool Steel Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: Europe Tool Steel Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: China Tool Steel Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: APAC (Excl. China) Tool Steel Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Latin America Tool Steel Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Middle East and Africa Tool Steel Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 13: Global Tool Steel Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 14: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 15: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 16: Research Findings and Conclusion

Chapter 17: Methodology and Data Sources