Tool Steel Market Report 2026
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Published : February 2026

Pages : 200

Format : PDF

Delivery Time : 2-3 Business Days

Report Price : $4490.00

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Tool Steel Market Report 2026

Global Outlook – By Product Type (Water-Hardening, Cold-Work, Shock-Resisting, High Speed, Hot-Working, Special Purpose), By Material Type (Tungsten, Chromium, Vanadium, Molybdenum), By End Use (General Manufacturing, Automotive, Defense And Aerospace, Electronics And Electrical, Ship Building, Other End Uses) – Market Size, Trends, Strategies, and Forecast to 2035

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tool Steel Market Overview

• Tool Steel market size has reached to $6.81 billion in 2025

• Expected to grow to $9.18 billion in 2030 at a compound annual growth rate (CAGR) of 6.2%

• Growth Driver: Automotive Industry Growth Fuels Expansion In The Tool Steel Market

• Market Trend: Product Innovation in the Tool Steel Market: Sandvik Unveils Osprey HWTS 50 for Additive Manufacturing

• Asia-Pacific was the largest region and fastest growing region.

What Is Covered Under Tool Steel Market?

Tool steel is a carbon and alloy steel having distinct characteristics such as wear resistance, hardness, toughness, and resistance to softening at elevated temperatures that are well-suited to producing tools such as hand tools and machine dies. The tool steel is used to make cutting tools for machining metals.

The main types of products covered in the tool steel market include water-hardening, cold-work, shock-resisting, high-speed, hot-working, and special purpose. Water-hardening tool steel is also referred to as W-group tool steel and can be easily hardened by heating and quenching in water. The types of materials used in the manufacturing of tool steel include tungsten, chromium, vanadium, and molybdenum. The various end-users of tool steel include general manufacturing, automotive, defense and aerospace, electronics and electrical, shipbuilding, and others.

Tool Steel market report bar graph

What Is The Tool Steel Market Size and Share 2026?

The tool steel market size has grown strongly in recent years. It will grow from $6.81 billion in 2025 to $7.23 billion in 2026 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to expansion of metal machining activities, growth of automotive manufacturing, increasing use of industrial dies and molds, demand for durable cutting tools, development of heavy engineering industries.

What Is The Tool Steel Market Growth Forecast?

The tool steel market size is expected to see strong growth in the next few years. It will grow to $9.18 billion in 2030 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to growth of electric vehicle manufacturing, rising adoption of precision machining, expansion of aerospace and defense production, demand for longer tool life, increasing automation in manufacturing. Major trends in the forecast period include rising demand for high performance cutting tools, growth of customized tool steel grades, increased use of hot working tool steels, focus on enhanced wear and heat resistance, adoption of advanced heat treatment techniques.

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Tariff Impact On Tool Steel Market

Tariffs have impacted the tool steel market by increasing the cost of imported alloying elements such as tungsten, chromium, molybdenum, and vanadium used in tool steel production. These impact

Global Tool Steel Market Segmentation

1) By Product Type: Water-Hardening, Cold-Work, Shock-Resisting, High Speed, Hot-Working, Special Purpose

2) By Material Type: Tungsten, Chromium, Vanadium, Molybdenum

3) By End Use: General Manufacturing, Automotive, Defense And Aerospace, Electronics And Electrical, Ship Building, Other End Uses

Subsegments:

1) By Water-Hardening: W1 Tool Steel, W2 Tool Steel

2) By Cold-Work: D-Series (D2, D3 Tool Steel), O-Series (O1, O2 Tool Steel), A-Series (A2, A6 Tool Steel)

3) By Shock-Resisting: S1 Tool Steel, S5 Tool Steel, S7 Tool Steel

4) By High Speed: M-Series (M2, M42 Tool Steel), T-Series (T1 Tool Steel)

5) By Hot-Working: H-Series (H11, H13 Tool Steel), AISI H19 Tool Steel

6) By Special Purpose: P-Series (Plastic Mold Steels), L-Series (Low-Alloy Steels), F-Series (Forging Tool Steels)

What Is The Driver Of The Tool Steel Market?

The growing automotive industry is expected to propel the growth of the tool steel market going forward. Automotive industries refer to companies and organizations involved in the development, design, manufacturing, and marketing of motor vehicles. Tool steel such as stainless steel, high-strength steel, low-carbon, high-carbon, or galvanized steel helps the automotive industry in the production of vehicle and engine components. For instance, in January 2025, according to the China Association of Automobile Manufacturers (CAAM), a China-based non-profit industry association, in 2024, China produced about 31.282 million vehicles, up 3.7% over 2023. Therefore, the growing automotive industry is expected to boost demand for tool steel during the forecast period.

What Is The Driver Of The Tool Steel Market?

The growing automotive industry is expected to propel the growth of the tool steel market going forward. Automotive industries refer to companies and organizations involved in the development, design, manufacturing, and marketing of motor vehicles. Tool steel such as stainless steel, high-strength steel, low-carbon, high-carbon, or galvanized steel helps the automotive industry in the production of vehicle and engine components. For instance, in January 2025, according to the China Association of Automobile Manufacturers (CAAM), a China-based non-profit industry association, in 2024, China produced about 31.282 million vehicles, up 3.7% over 2023. Therefore, the growing automotive industry is expected to boost demand for tool steel during the forecast period.

Global Tool Steel Market Trends and Insights

Major companies operating in the tool steel market are focused on developing new technological solutions to strengthen their position in the market. For example, in October 2024, Sandvik, a Sweden-based engineering company launched the Osprey HWTS 50, a hot work tool steel powder specifically designed for additive manufacturing. This innovative product is tailored for high-temperature applications such as die casting and forging, offering enhanced wear resistance and thermal stability. The powder is particularly well-suited for creating complex geometries and intricate designs, meeting the growing demand for durable, high-performance tooling in manufacturing sectors.

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What Are Latest Mergers And Acquisitions In The Tool Steel Market?

In December 2023, Ryerson, a US-based metals distributor and processor, acquired Hudson Tool Steel Corporation for an undisclosed amount. With this acquisition, Ryerson aims to expand its specialty steel portfolio, strengthen its service capabilities, and enhance its operational footprint in North America. Hudson Tool Steel Corporation, a US-based company, specializes in the distribution and processing of high-performance tool steels for industrial applications.

Regional Outlook

Asia-Pacific was the largest region in the tool steel market in 2025, and it is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Tool Steel Market?

The tool steel market consists of sales of blacksmith chisels, cold chisels, hot working chisels, and clutch parts. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Tool Steel Market Report 2026?

The tool steel market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the tool steel industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Author : Girish Kavali

Tool Steel Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2026 $7.23 billion
Revenue Forecast In 2035 $9.18 billion
Growth Rate CAGR of 6.1% from 2026 to 2035
Base Year For Estimation 2025
Actual Estimates/Historical Data 2020-2025
Forecast Period 2026 - 2030 - 2035
Market Representation Revenue in USD Billion and CAGR from 2026 to 2035
Segments Covered Product Type, Material Type, End Use
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, ...
Key Companies Profiled Hitachi Metals Ltd., Swiss Steel Group, Voestalpine AG, Tiangong International, Sandvik, QiLu Special Steel Co. Ltd., NACHI-Fujikoshi Corporation, Nippon Steel, JFE Steel Corporation, Tata Steel Limited, Kobe Steel Limited, ArcelorMittal, Hudson Tool Steel Corporation, Nucor Corporation, POSCO (Posco America), Gerdau, Aperam South America, Beloretsk Metallurgical Plant AO, Ezz Steel, Hod Assaf Industries Ltd., China Baowu Steel Group Corp., Samuel Son & Co., Algoma Steel Inc., Ternium S.A., Ternium Argentina SA, Suzuki Garphyttan AB, BSi Steel Pty Ltd., Kandil Steel Company, The Yehuda Group
Customization ScopeRequest for Customization
Pricing And Purchase OptionsExplore Purchase Options

Table Of Contents

1. Executive Summary

1.1. Key Market Insights (2020-2035)

1.2. Visual Dashboard: Market Size, Growth Rate, Hotspots

1.3. Major Factors Driving the Market

1.4. Top Three Trends Shaping the Market

2. Tool Steel Market Characteristics

2.1. Market Definition & Scope

2.2. Market Segmentations

2.3. Overview of Key Products and Services

2.4. Global Tool Steel Market Attractiveness Scoring And Analysis

2.4.1. Overview of Market Attractiveness Framework

2.4.2. Quantitative Scoring Methodology

2.4.3. Factor-Wise Evaluation

Growth Potential Analysis, Competitive Dynamics Assessment, Strategic Fit Assessment And Risk Profile Evaluation

2.4.4. Market Attractiveness Scoring and Interpretation

2.4.5. Strategic Implications and Recommendations

3. Tool Steel Market Supply Chain Analysis

3.1. Overview of the Supply Chain and Ecosystem

3.2. List Of Key Raw Materials, Resources & Suppliers

3.3. List Of Major Distributors and Channel Partners

3.4. List Of Major End Users

4. Global Tool Steel Market Trends And Strategies

4.1. Key Technologies & Future Trends

4.1.1 Industry 4.0 & Intelligent Manufacturing

4.1.2 Artificial Intelligence & Autonomous Intelligence

4.1.3 Autonomous Systems, Robotics & Smart Mobility

4.1.4 Sustainability, Climate Tech & Circular Economy

4.1.5 Electric Mobility & Transportation Electrification

4.2. Major Trends

4.2.1 Rising Demand For High Performance Cutting Tools

4.2.2 Growth Of Customized Tool Steel Grades

4.2.3 Increased Use Of Hot Working Tool Steels

4.2.4 Focus On Enhanced Wear And Heat Resistance

4.2.5 Adoption Of Advanced Heat Treatment Techniques

5. Tool Steel Market Analysis Of End Use Industries

5.1 General Manufacturing Companies

5.2 Automotive Manufacturers

5.3 Defense And Aerospace Manufacturers

5.4 Electronics And Electrical Equipment Producers

5.5 Shipbuilding Companies

6. Tool Steel Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, Supply Chain Impact from Tariff War & Trade Protectionism, And Covid And Recovery On The Market

7. Global Tool Steel Strategic Analysis Framework, Current Market Size, Market Comparisons And Growth Rate Analysis

7.1. Global Tool Steel PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

7.2. Global Tool Steel Market Size, Comparisons And Growth Rate Analysis

7.3. Global Tool Steel Historic Market Size and Growth, 2020 - 2025, Value ($ Billion)

7.4. Global Tool Steel Forecast Market Size and Growth, 2025 - 2030, 2035F, Value ($ Billion)

8. Global Tool Steel Total Addressable Market (TAM) Analysis for the Market

8.1. Definition and Scope of Total Addressable Market (TAM)

8.2. Methodology and Assumptions

8.3. Global Total Addressable Market (TAM) Estimation

8.4. TAM vs. Current Market Size Analysis

8.5. Strategic Insights and Growth Opportunities from TAM Analysis

9. Tool Steel Market Segmentation

9.1. Global Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Water-Hardening, Cold-Work, Shock-Resisting, High Speed, Hot-Working, Special Purpose

9.2. Global Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Tungsten, Chromium, Vanadium, Molybdenum

9.3. Global Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

General Manufacturing, Automotive, Defense And Aerospace, Electronics And Electrical, Ship Building, Other End Uses

9.4. Global Tool Steel Market, Sub-Segmentation Of Water-Hardening, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

W1 Tool Steel, W2 Tool Steel

9.5. Global Tool Steel Market, Sub-Segmentation Of Cold-Work, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

D-Series (D2, D3 Tool Steel), O-Series (O1, O2 Tool Steel), A-Series (A2, A6 Tool Steel)

9.6. Global Tool Steel Market, Sub-Segmentation Of Shock-Resisting, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

S1 Tool Steel, S5 Tool Steel, S7 Tool Steel

9.7. Global Tool Steel Market, Sub-Segmentation Of High Speed, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

M-Series (M2, M42 Tool Steel), T-Series (T1 Tool Steel)

9.8. Global Tool Steel Market, Sub-Segmentation Of Hot-Working, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

H-Series (H11, H13 Tool Steel), AISI H19 Tool Steel

9.9. Global Tool Steel Market, Sub-Segmentation Of Special Purpose, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

P-Series (Plastic Mold Steels), L-Series (Low-Alloy Steels), F-Series (Forging Tool Steels)

10. Tool Steel Market Regional And Country Analysis

10.1. Global Tool Steel Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

10.2. Global Tool Steel Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

11. Asia-Pacific Tool Steel Market

11.1. Asia-Pacific Tool Steel Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

11.2. Asia-Pacific Tool Steel Market, Segmentation By Product Type, Segmentation By Material Type, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

12. China Tool Steel Market

12.1. China Tool Steel Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

12.2. China Tool Steel Market, Segmentation By Product Type, Segmentation By Material Type, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

13. India Tool Steel Market

13.1. India Tool Steel Market, Segmentation By Product Type, Segmentation By Material Type, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

14. Japan Tool Steel Market

14.1. Japan Tool Steel Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

14.2. Japan Tool Steel Market, Segmentation By Product Type, Segmentation By Material Type, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

15. Australia Tool Steel Market

15.1. Australia Tool Steel Market, Segmentation By Product Type, Segmentation By Material Type, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

16. Indonesia Tool Steel Market

16.1. Indonesia Tool Steel Market, Segmentation By Product Type, Segmentation By Material Type, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

17. South Korea Tool Steel Market

17.1. South Korea Tool Steel Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

17.2. South Korea Tool Steel Market, Segmentation By Product Type, Segmentation By Material Type, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

18. Taiwan Tool Steel Market

18.1. Taiwan Tool Steel Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

18.2. Taiwan Tool Steel Market, Segmentation By Product Type, Segmentation By Material Type, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

19. South East Asia Tool Steel Market

19.1. South East Asia Tool Steel Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

19.2. South East Asia Tool Steel Market, Segmentation By Product Type, Segmentation By Material Type, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

20. Western Europe Tool Steel Market

20.1. Western Europe Tool Steel Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

20.2. Western Europe Tool Steel Market, Segmentation By Product Type, Segmentation By Material Type, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

21. UK Tool Steel Market

21.1. UK Tool Steel Market, Segmentation By Product Type, Segmentation By Material Type, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

22. Germany Tool Steel Market

22.1. Germany Tool Steel Market, Segmentation By Product Type, Segmentation By Material Type, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

23. France Tool Steel Market

23.1. France Tool Steel Market, Segmentation By Product Type, Segmentation By Material Type, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

24. Italy Tool Steel Market

24.1. Italy Tool Steel Market, Segmentation By Product Type, Segmentation By Material Type, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

25. Spain Tool Steel Market

25.1. Spain Tool Steel Market, Segmentation By Product Type, Segmentation By Material Type, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

26. Eastern Europe Tool Steel Market

26.1. Eastern Europe Tool Steel Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

26.2. Eastern Europe Tool Steel Market, Segmentation By Product Type, Segmentation By Material Type, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

27. Russia Tool Steel Market

27.1. Russia Tool Steel Market, Segmentation By Product Type, Segmentation By Material Type, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

28. North America Tool Steel Market

28.1. North America Tool Steel Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

28.2. North America Tool Steel Market, Segmentation By Product Type, Segmentation By Material Type, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

29. USA Tool Steel Market

29.1. USA Tool Steel Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

29.2. USA Tool Steel Market, Segmentation By Product Type, Segmentation By Material Type, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

30. Canada Tool Steel Market

30.1. Canada Tool Steel Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

30.2. Canada Tool Steel Market, Segmentation By Product Type, Segmentation By Material Type, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

31. South America Tool Steel Market

31.1. South America Tool Steel Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

31.2. South America Tool Steel Market, Segmentation By Product Type, Segmentation By Material Type, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

32. Brazil Tool Steel Market

32.1. Brazil Tool Steel Market, Segmentation By Product Type, Segmentation By Material Type, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

33. Middle East Tool Steel Market

33.1. Middle East Tool Steel Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

33.2. Middle East Tool Steel Market, Segmentation By Product Type, Segmentation By Material Type, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

34. Africa Tool Steel Market

34.1. Africa Tool Steel Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

34.2. Africa Tool Steel Market, Segmentation By Product Type, Segmentation By Material Type, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

35. Tool Steel Market Regulatory and Investment Landscape

36. Tool Steel Market Competitive Landscape And Company Profiles

36.1. Tool Steel Market Competitive Landscape And Market Share 2024

36.1.1. Top 10 Companies (Ranked by revenue/share)

36.2. Tool Steel Market - Company Scoring Matrix

36.2.1. Market Revenues

36.2.2. Product Innovation Score

36.2.3. Brand Recognition

36.3. Tool Steel Market Company Profiles

36.3.1. Hitachi Metals Ltd. Overview, Products and Services, Strategy and Financial Analysis

36.3.2. Swiss Steel Group Overview, Products and Services, Strategy and Financial Analysis

36.3.3. Voestalpine AG Overview, Products and Services, Strategy and Financial Analysis

36.3.4. Tiangong International Overview, Products and Services, Strategy and Financial Analysis

36.3.5. Sandvik Overview, Products and Services, Strategy and Financial Analysis

37. Tool Steel Market Other Major And Innovative Companies

QiLu Special Steel Co. Ltd., NACHI-Fujikoshi Corporation, Nippon Steel, JFE Steel Corporation, Tata Steel Limited, Kobe Steel Limited, ArcelorMittal, Hudson Tool Steel Corporation, Nucor Corporation, POSCO (Posco America), Gerdau, Aperam South America, Beloretsk Metallurgical Plant AO, Ezz Steel, Hod Assaf Industries Ltd.

38. Global Tool Steel Market Competitive Benchmarking And Dashboard

39. Key Mergers And Acquisitions In The Tool Steel Market

40. Tool Steel Market High Potential Countries, Segments and Strategies

40.1 Tool Steel Market In 2030 - Countries Offering Most New Opportunities

40.2 Tool Steel Market In 2030 - Segments Offering Most New Opportunities

40.3 Tool Steel Market In 2030 - Growth Strategies

40.3.1 Market Trend Based Strategies

40.3.2 Competitor Strategies

41. Appendix

41.1. Abbreviations

41.2. Currencies

41.3. Historic And Forecast Inflation Rates

41.4. Research Inquiries

41.5. The Business Research Company

41.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Tool Steel Market, Overview Of Key Products - Product Examples
  • Table 2: Global Tool Steel Market Attractiveness, Factor-Wise Evaluation
  • Table 3: Global Tool Steel Market, Supply Chain Analysis
  • Table 4: Global Tool Steel Market, Major Raw Material Providers
  • Table 5: Global Tool Steel Market, Major Resource Providers
  • Table 6: Global Tool Steel Market, Major Manufacturers (Suppliers)
  • Table 7: Global Tool Steel Market, Major Distributors And Channel Partners
  • Table 8: Global Tool Steel Market, Key Technologies & Future Trends
  • Table 9: Global Tool Steel Market, Major Trends
  • Table 10: Global Tool Steel Market, Major End Users
  • Table 11: Global Tool Steel Market, PESTEL (Political, Economic, Social, Technology, Environmental and Legal) Analysis
  • Table 12: Global Tool Steel Historic Market Growth, 2020-2025, $ Billion
  • Table 13: Global Tool Steel Forecast Market Growth, 2025-2030F, 2035F, $ Billion
  • Table 14: Global Tool Steel Market - TAM, US$ Billion, 2025
  • Table 15: Global Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 16: Global Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 17: Global Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 18: Global Tool Steel Market, Sub-Segmentation Of Water-Hardening, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 19: Global Tool Steel Market, Sub-Segmentation Of Cold-Work, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 20: Global Tool Steel Market, Sub-Segmentation Of Shock-Resisting, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 21: Global Tool Steel Market, Sub-Segmentation Of High Speed, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 22: Global Tool Steel Market, Sub-Segmentation Of Hot-Working, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 23: Global Tool Steel Market, Sub-Segmentation Of Special Purpose, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 24: Global Tool Steel Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 25: Global Tool Steel Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 26: Asia-Pacific, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 27: Asia-Pacific, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 28: Asia-Pacific, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 29: China, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 30: China, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 31: China, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 32: India, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 33: India, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 34: India, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 35: Japan, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 36: Japan, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 37: Japan, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 38: Australia, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 39: Australia, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 40: Australia, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 41: Indonesia, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 42: Indonesia, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 43: Indonesia, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 44: South Korea, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 45: South Korea, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 46: South Korea, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 47: Taiwan, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 48: Taiwan, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 49: Taiwan, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 50: South East Asia, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 51: South East Asia, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 52: South East Asia, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 53: Western Europe, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 54: Western Europe, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 55: Western Europe, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 56: UK, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 57: UK, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 58: UK, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 59: Germany, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 60: Germany, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 61: Germany, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 62: France, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 63: France, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 64: France, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 65: Italy, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 66: Italy, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 67: Italy, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 68: Spain, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 69: Spain, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 70: Spain, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 71: Eastern Europe, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 72: Eastern Europe, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 73: Eastern Europe, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 74: Russia, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 75: Russia, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 76: Russia, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 77: North America, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 78: North America, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 79: North America, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 80: USA, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 81: USA, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 82: USA, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 83: Canada, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 84: Canada, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 85: Canada, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 86: South America, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 87: South America, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 88: South America, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 89: Brazil, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 90: Brazil, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 91: Brazil, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 92: Middle East, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 93: Middle East, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 94: Middle East, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 95: Africa, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 96: Africa, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 97: Africa, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 98: Global Tool Steel Key Competitor Estimated Market Shares, 2024, Percentage (%)
  • Table 99: Global Tool Steel Market - Company Scoring Matrix
  • Table 100: Hitachi Metals Ltd. Financial Performance
  • Table 101: Swiss Steel Group Financial Performance
  • Table 102: Voestalpine AG Financial Performance
  • Table 103: Tiangong International Financial Performance
  • Table 104: Sandvik Financial Performance
  • Table 105: Global Tool Steel Market, Competitive Benchmarking (In USD Billions)
  • Table 106: Global Tool Steel Market, Competitive Dashboard
  • Table 107: Global Tool Steel Market Size Gain ($ Billion), 2025 – 2030 By Country
  • Table 108: Global, Tool Steel Market Size Gain ($ Billion), Segmentation By Product Type, 2025 – 2030
  • Table 109: Global, Tool Steel Market Size Gain ($ Billion), Segmentation By Material Type, 2025 – 2030
  • Table 110: Global, Tool Steel Market Size Gain ($ Billion), Segmentation By End Use, 2025 – 2030

List Of Figures

    Figure 1: Global Tool Steel Market, Overview Of Key Products - Product Examples
  • Figure 2: Global Tool Steel Market Attractiveness, Factor-Wise Evaluation
  • Figure 3: Global Tool Steel Market, Supply Chain Analysis
  • Figure 4: Global Tool Steel Market, Major Raw Material Providers
  • Figure 5: Global Tool Steel Market, Major Resource Providers
  • Figure 6: Global Tool Steel Market, Major Manufacturers (Suppliers)
  • Figure 7: Global Tool Steel Market, Major Distributors And Channel Partners
  • Figure 8: Global Tool Steel Market, Key Technologies & Future Trends
  • Figure 9: Global Tool Steel Market, Major Trends
  • Figure 10: Global Tool Steel Market, Major End Users
  • Figure 11: Global Tool Steel Market, PESTEL (Political, Economic, Social, Technology, Environmental and Legal) Analysis
  • Figure 12: Global Tool Steel Historic Market Growth, 2020-2025, $ Billion
  • Figure 13: Global Tool Steel Forecast Market Growth, 2025-2030F, 2035F, $ Billion
  • Figure 14: Global Tool Steel Market - TAM, US$ Billion, 2025
  • Figure 15: Global Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 16: Global Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 17: Global Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 18: Global Tool Steel Market, Sub-Segmentation Of Water-Hardening, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 19: Global Tool Steel Market, Sub-Segmentation Of Cold-Work, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 20: Global Tool Steel Market, Sub-Segmentation Of Shock-Resisting, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 21: Global Tool Steel Market, Sub-Segmentation Of High Speed, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 22: Global Tool Steel Market, Sub-Segmentation Of Hot-Working, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 23: Global Tool Steel Market, Sub-Segmentation Of Special Purpose, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 24: Global Tool Steel Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 25: Global Tool Steel Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 26: Asia-Pacific, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 27: Asia-Pacific, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 28: Asia-Pacific, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 29: China, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 30: China, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 31: China, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 32: India, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 33: India, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 34: India, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 35: Japan, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 36: Japan, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 37: Japan, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 38: Australia, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 39: Australia, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 40: Australia, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 41: Indonesia, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 42: Indonesia, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 43: Indonesia, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 44: South Korea, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 45: South Korea, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 46: South Korea, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 47: Taiwan, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 48: Taiwan, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 49: Taiwan, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 50: South East Asia, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 51: South East Asia, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 52: South East Asia, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 53: Western Europe, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 54: Western Europe, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 55: Western Europe, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 56: UK, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 57: UK, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 58: UK, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 59: Germany, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 60: Germany, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 61: Germany, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 62: France, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 63: France, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 64: France, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 65: Italy, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 66: Italy, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 67: Italy, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 68: Spain, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 69: Spain, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 70: Spain, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 71: Eastern Europe, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 72: Eastern Europe, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 73: Eastern Europe, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 74: Russia, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 75: Russia, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 76: Russia, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 77: North America, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 78: North America, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 79: North America, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 80: USA, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 81: USA, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 82: USA, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 83: Canada, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 84: Canada, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 85: Canada, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 86: South America, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 87: South America, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 88: South America, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 89: Brazil, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 90: Brazil, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 91: Brazil, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 92: Middle East, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 93: Middle East, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 94: Middle East, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 95: Africa, Tool Steel Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 96: Africa, Tool Steel Market, Segmentation By Material Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 97: Africa, Tool Steel Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 98: Global Tool Steel Key Competitor Estimated Market Shares, 2024, Percentage (%)
  • Figure 99: Global Tool Steel Market - Company Scoring Matrix
  • Figure 100: Hitachi Metals Ltd. Financial Performance
  • Figure 101: Swiss Steel Group Financial Performance
  • Figure 102: Voestalpine AG Financial Performance
  • Figure 103: Tiangong International Financial Performance
  • Figure 104: Sandvik Financial Performance
  • Figure 105: Global Tool Steel Market, Competitive Benchmarking (In USD Billions)
  • Figure 106: Global Tool Steel Market, Competitive Dashboard
  • Figure 107: Global Tool Steel Market Size Gain ($ Billion), 2025 – 2030 By Country
  • Figure 108: Global, Tool Steel Market Size Gain ($ Billion), Segmentation By Product Type, 2025 – 2030
  • Figure 109: Global, Tool Steel Market Size Gain ($ Billion), Segmentation By Material Type, 2025 – 2030
  • Figure 110: Global, Tool Steel Market Size Gain ($ Billion), Segmentation By End Use, 2025 – 2030

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Frequently Asked Questions

The Tool Steel market was valued at $ billion in 2025, increased to $ billion in 2026, and is projected to reach $ billion by 2030.

The global Tool Steel market is expected to grow at a CAGR of 6.2% from 2026 to 2035 to reach $ billion by 2035.

Some Key Players in the Tool Steel market Include, Hitachi Metals Ltd., Swiss Steel Group, Voestalpine AG, Tiangong International, Sandvik, QiLu Special Steel Co. Ltd., NACHI-Fujikoshi Corporation, Nippon Steel, JFE Steel Corporation, Tata Steel Limited, Kobe Steel Limited, ArcelorMittal, Hudson Tool Steel Corporation, Nucor Corporation, POSCO (Posco America), Gerdau, Aperam South America, Beloretsk Metallurgical Plant AO, Ezz Steel, Hod Assaf Industries Ltd., China Baowu Steel Group Corp., Samuel Son & Co., Algoma Steel Inc., Ternium S.A., Ternium Argentina SA, Suzuki Garphyttan AB, BSi Steel Pty Ltd., Kandil Steel Company, The Yehuda Group .

Major trend in this market includes: Product Innovation in the Tool Steel Market: Sandvik Unveils Osprey HWTS 50 for Additive Manufacturing . For further insights on this market. request a sample here

Asia-Pacific was the largest region in the tool steel market in 2025, and it is expected to be the fastest-growing region in the forecast period. The regions covered in the tool steel market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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