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Tool 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. Today, tool steel is widely used in various specific tool applications like dies, cutting, mold-making and hammers (personal or industrial).
Tool Steel can retain a cutting edge at very high temperatures which is why they are often used in the shaping of other materials through cutting, pressing, coining or extruding. Their resistance to abrasion lends to their use in the production of injection molds.
Scope of the Report:
In the last several years, USA tool steel sales market has enjoyed a growth with average growth rate about 5%. In 2016, the USA tool steel sales market is expected to be nearly 232 K MT, with value of 280 million USD.
In 2012 and 2015, USA tool steel sales market has enjoyed a visible growth due to the automotive industry. Automotive industry, the end market more than 40 percent of all domestic tool steel, was the key driver in tool steel's fast growth.
Tool steel is important for automotive industry, machinery industry and shipbuilding industry. It is invisible that there may be substitute materials in the market. In addition, as the fast development of global steel and iron industry, the material of tool steel industry is abundant.
The worldwide market for Tool Steel is expected to grow at a CAGR of roughly 6.8% over the next five years, will reach 3990 million US$ in 2024, from 2700 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Tool Steel in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- Voestalpine
- SCHMOLZ?+?BICKENBACH
- Sandvik
- Fushun Special Steel
- BaoSteel
- TG
- Nachi-Fujikoshi
- Qilu Special Steel
- Hitachi
- ERAMET
- Universal Stainless
- Hudson Tool Steel
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Carbon Tool Steel
- Alloy Tool Steel
- High Speed Tool Steel
Market Segment by Applications, can be divided into
- Automotive
- Shipbuilding
- Machinery
- Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Tool Steel product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Tool Steel, with price, sales, revenue and global market share of Tool Steel in 2017 and 2018.
Chapter 3, the Tool Steel competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Tool Steel breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Tool Steel market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Tool Steel sales channel, distributors, customers, research findings and conclusion, appendix and data source.