Global Tool Steel & Die Steel Market Growth 2023-2029

Global Tool Steel & Die Steel Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Tool Steel & Die Steel Industry Forecast” looks at past sales and reviews total world Tool Steel & Die Steel sales in 2022, providing a comprehensive analysis by region and market sector of projected Tool Steel & Die Steel sales for 2023 through 2029. With Tool Steel & Die Steel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tool Steel & Die Steel industry.
This Insight Report provides a comprehensive analysis of the global Tool Steel & Die 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 Tool Steel & Die Steel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Tool Steel & Die Steel market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tool Steel & Die 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 Tool Steel & Die Steel.
The global Tool Steel & Die Steel market size is projected to grow from US$ 3758.5 million in 2022 to US$ 4926.7 million in 2029; it is expected to grow at a CAGR of 4926.7 from 2023 to 2029.
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%.
This report presents a comprehensive overview, market shares, and growth opportunities of Tool Steel & Die Steel market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Carbon Tool Steel
Alloy Tool Steel
High Speed Tool Steel
Segmentation by application
Automotive
Shipbuilding
Machinery
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 analyzing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report
What is the 10-year outlook for the global Tool Steel & Die Steel market?
What factors are driving Tool Steel & Die Steel market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Tool Steel & Die Steel market opportunities vary by end market size?
How does Tool Steel & Die Steel break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

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