Global High Speed Steel Market Growth 2025-2031

Global High Speed Steel Market Growth 2025-2031

The global High Speed Steel market size is predicted to grow from US$ 8421 million in 2025 to US$ 10490 million in 2031; it is expected to grow at a CAGR of 3.7% from 2025 to 2031.

United States market for High Speed Steel is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for High Speed Steel is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for High Speed Steel is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key High Speed Steel players cover EraSteel, Bohler, Carpenter, Hitachi, Nachi, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “High Speed Steel Industry Forecast” looks at past sales and reviews total world High Speed Steel sales in 2024, providing a comprehensive analysis by region and market sector of projected High Speed Steel sales for 2025 through 2031. With High Speed Steel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High Speed Steel industry.

This Insight Report provides a comprehensive analysis of the global High Speed Steel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on High Speed Steel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global High Speed Steel market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High Speed Steel and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global High Speed Steel.

This report presents a comprehensive overview, market shares, and growth opportunities of High Speed Steel market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
T Type High Speed Steel
M Type High Speed Steel
Other Types

Segmentation by Application:
Metal Cutting Tools
Cold Working Die
Roll
Others

This report also splits the market by region:
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 below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
EraSteel
Bohler
Carpenter
Hitachi
Nachi
Crucible Industries
Graphite India Limited
DSS
Sandvik
Griggs
Tiangong International
HEYE Special Steel
FEIDA
Fuda
Bewise
Jinggong
Zhongqiang Roll

Key Questions Addressed in this Report

What is the 10-year outlook for the global High Speed Steel market?

What factors are driving High Speed Steel market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do High Speed Steel market opportunities vary by end market size?

How does High Speed Steel break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.