Tool Steel Market by Product Type (Metal Cutting Tools, Cold Working Tools, Others), End-Use Industry (Automotive Industry, Plastic Industry, Aerospace Industry, Energy Sector, Others), Region - Global Forecasts to 2021
Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Scope of the Study
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Key Data From Secondary Sources
2.1.3 Primary Data
2.1.4 Key Data From Primary Sources
2.1.4.1 Key Industry Insights
2.1.4.2 Breakdown of Primary Interviews: By Company, Designation, and Region
2.2 Market Size Estimation
2.3 Data Triangulation
2.3.1 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Tool Steel Market
4.2 Tool Steel Market, By Region
4.3 Tool Steel Market, By Product Type
4.4 Asia-Pacific Tool Steel Market
4.5 Tool Steel Market: Emerging vs Developed Countries
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Demand for Tool Steel for Manufacturing Cutting Tools
5.2.2 Restraints
5.2.2.1 Increasing Use of Carbide-Based Cutting Tools in Various End-Use Industries
5.2.3 Opportunities
5.2.3.1 Increasing Applications of Tool Steel in the Shipbuilding and Energy Sectors
5.3 Challenges
5.3.1 Economic Slowdown in the Manufacturing Sector of China
5.4 Impact Analysis of Drivers and Restraints
5.5 Technological Trends
6 Industry Trends
6.1 Introduction
6.2 Economic Indicators
6.2.1 Trends and Forecast of GDP
6.3 Industry Outlook
6.3.1 Automotive Market Trends
6.4 Porter’s Five Forces Analysis
6.4.1 Bargaining Power of Suppliers
6.4.2 Threat of New Entrants
6.4.3 Threat of Substitutes
6.4.4 Bargaining Power of Buyers
6.4.5 Intensity of Rivalry
7 Tool Steel Market, By Product Type
7.1 Introduction
7.2 Metal Cutting Tools
7.2.1 Drill Bits
7.2.2 Broaches & Reamers
7.2.3 Taps
7.2.4 End Mills
7.2.5 Saws
7.3 Cold Working Tools
7.3.1 Blanking & Fine Blanking Tools
7.3.2 Extrusion Tools
7.3.3 Drawing & Deep Drawing Tools
7.3.4 Others
7.4 Others
7.4.1 Screws & Barrels
7.4.2 Molds
7.4.3 Pumps
8 Tool Steel Market, By End-Use Industry
8.1 Introduction
8.2 Automotive Industry
8.3 Plastic Industry
8.4 Aerospace Industry
8.5 Energy Sector
8.6 Others
9 Regional Analysis
9.1 Introduction
9.2 Asia-Pacific
9.2.1 China
9.2.2 India
9.2.3 Japan
9.2.4 South Korea
9.2.5 Taiwan
9.2.6 Rest of Asia-Pacific
9.3 North America
9.3.1 U.S.
9.3.2 Canada
9.3.3 Mexico
9.4 Europe
9.4.1 Germany
9.4.2 U.K.
9.4.3 France
9.4.4 Belgium
9.4.5 Russia
9.4.6 Italy
9.4.7 Rest of Europe
9.5 South America
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Rest of South America
9.6 Middle East & Africa
9.6.1 South Africa
9.6.2 Saudi Arabia
9.6.3 Rest of Middle East & Africa
10 Competitive Landscape
10.1 Overview
10.1.1 Mergers & Acquisitions: the Most Popular Growth Strategy
10.2 Growth Strategies Adopted By Companies in the Tool Steel Market Between 2011 and 2017(February)
10.3 Tool Steel Market Share, By Company, 2016
10.4 Recent Developments
10.4.1 New Product Launches, 2011–2017
10.4.2 Expansions, 2011–2017
10.4.3 Mergers & Acquisitions, 2011–2017
10.4.4 Agreements, 2011–2017
10.4.5 Joint Ventures, 2011–2017
11 Company Profiles
(Overview, Financial*, Products & Services, Strategy, and Developments)
11.1 Nachi-Fujikoshi Corporation
11.2 Daido Steel Co., Ltd.
11.3 Voestalpine AG
11.4 Sandvik Materials Technology AB
11.5 Kennametal Inc.
11.6 Hudson Tool Steel Corporation
11.7 Erasteel
11.8 Friedr. Lohmann GmbH
11.9 Arcelormittal S.A.
11.10 Thyssenkrupp AG
11.11 Tiangong International Co., Ltd.
11.12 Guhring Inc.
11.13 Heye Special Steel Co., Ltd.
11.14 Nippon Koshuha Steel Co., Ltd.
11.15 OSG Corporation
11.16 Carpenter
11.17 Graphite India Limited
11.18 Tivoly SA
11.19 Crucible Industries LLC
11.20 Dneprospetsstal
11.21 Jiangsu Fuda Special Steel Co., Ltd
11.22 Feida Group
11.23 West Yorkshire Steel Co. Ltd.
11.24 Big Kaiser Precision Tooling Inc.
11.25 Onsurd
*Details Might Not Be Captured in Case of Unlisted Companies
12 Appendix
12.1 Discussion Guide
12.2 Knowledge Store: Marketsandmarkets Subscription Portal
12.3 Introducing RT: Real-Time Market Intelligence
12.4 Available Customizations
12.5 Related Reports
12.6 Author Details
List of Tables
Table 1 Tool Steel Market Snapshot
Table 2 Trends and Forecast of GDP, USD Billion (2016–2021)
Table 3 International Car Sales Outlook, 1990-2016 (Million Units)
Table 4 Tool Steel Market, By Product Type, 2014–2021 (Kilotons)
Table 5 Tool Steel Market, By Product Type, 2014–2021 (USD Million)
Table 6 Metal Cutting Tools Segment, By Region, 2014–2021 (Kilotons)
Table 7 Metal Cutting Tools Segment, By Region, 2014–2021 (USD Million)
Table 8 Cold Working Tools Segment, By Region, 2014–2021 (Kilotons)
Table 9 Cold Working Tools Segment, By Region, 2014–2021 (USD Million)
Table 10 Other Product Types Segment, By Region, 2014–2021 (Kilotons)
Table 11 Other Product Types Segment, By Region, 2014–2021 (USD Million)
Table 12 Tool Steel Market, By End-Use Industry, 2014–2021 (Kilotons)
Table 13 Tool Steel Market, By End-Use Industry, 2014–2021 (USD Million)
Table 14 Automotive Industry Segment, By Region, 2014–2021 (Kilotons)
Table 15 Automotive Industry Segment, By Region, 2014–2021 (USD Million)
Table 16 Plastic Industry Segment, By Region, 2014–2021 (Kilotons)
Table 17 Plastic Industry Segment, By Region, 2014–2021 (USD Million)
Table 18 Aerospace Industry Segment, By Region, 2014–2021 (Kilotons)
Table 19 Aerospace Industry Segment, By Region, 2014–2021 (USD Million)
Table 20 Energy Sector Segment, By Region, 2014–2021 (Kilotons)
Table 21 Energy Sector Segment, By Region, 2014–2021 (USD Million)
Table 22 Other End-Use Industries Segment, By Region, 2014–2021 (Kilotons)
Table 23 Others End-Use Industries Segment, By Region, 2014–2021 (USD Million)
Table 24 Tool Steel Market, By Region, 2014–2021 (Kilotons)
Table 25 Tool Steel Market, By Region, 2014–2021 (USD Million)
Table 26 Tool Steel Market, By Product Type, 2014–2021 (Kilotons)
Table 27 Tool Steel Market, By Product Type, 2014–2021 (USD Million)
Table 28 Tool Steel Market, By End-Use Industry, 2014–2021 (Kilotons)
Table 29 Tool Steel Market, By End-Use Industry, 2014–2021 (USD Million)
Table 30 Asia-Pacific Tool Steel Market, By Country, 2014-2021 (Kilotons)
Table 31 Asia-Pacific Tool Steel Market, By Country, 2014-2021 (USD Million)
Table 32 Asia-Pacific Tool Steel Market, By Product Type, 2014-2021 (Kilotons)
Table 33 Asia-Pacific Tool Steel Market, By Type, 2014-2021 (USD Million)
Table 34 Asia-Pacific Tool Steel Market, By End-Use Industry, 2014-2021 (Kilotons)
Table 35 Asia-Pacific Tool Steel Market, By End-Use Industry, 2014-2021 (USD Million)
Table 36 China Tool Steel Market, By Product Type, 2014–2021 (Kilotons)
Table 37 China Tool Steel Market, By Product Type, 2014–2021 (USD Million)
Table 38 China Tool Steel Market, By End-Use Industry, 2014–2021 (Kilotons)
Table 39 China Tool Steel Market, By End-Use Industry, 2014–2021 (USD Million)
Table 40 India Tool Steel Market, By Product Type, 2014–2021 (Kilotons)
Table 41 India Tool Steel Market, By Product Type, 2014–2021 (USD Million)
Table 42 India Tool Steel Market, By End-Use Industry, 2014–2021 (Kilotons)
Table 43 India Tool Steel Market, By End-Use Industry, 2014–2021 (USD Million)
Table 44 Japan Tool Steel Market, By Product Type, 2014–2021 (Kilotons)
Table 45 Japan Tool Steel Market, By Product Type, 2014–2021 (USD Million)
Table 46 Japan Tool Steel Market, By End-Use Industry, 2014–2021 (Kilotons)
Table 47 Japan Tool Steel Market, By End-Use Industry, 2014–2021 (USD Million)
Table 48 South Korea Tool Steel Market, By Product Type, 2014–2021 (Kilotons)
Table 49 South Korea Tool Steel Market, By Product Type, 2014–2021 (USD Million)
Table 50 South Korea Tool Steel Market, By End-Use Industry, 2014–2021 (Kilotons)
Table 51 South Korea Tool Steel Market, By End-Use Industry, 2014–2021 (USD Million)
Table 52 Taiwan Tool Steel Market, By Product Type, 2014–2021 (Kilotons)
Table 53 Taiwan Tool Steel Market, By Product Type, 2014–2021 (USD Million)
Table 54 Taiwan Tool Steel Market, By End-Use Industry, 2014–2021 (Kilotons)
Table 55 South Korea Tool Steel Market, By End-Use Industry, 2014–2021 (USD Million)
Table 56 Rest of Asia-Pacific Tool Steel Market, By Product Type, 2014–2021 (Kilotons)
Table 57 Rest of Asia-Pacific Tool Steel Market, By Product Type, 2014–2021 (USD Million)
Table 58 Rest of Asia-Pacific Tool Steel Market, By End-Use Industry, 2014–2021 (Kilotons)
Table 59 Rest of Asia-Pacific Tool Steel Market, By End-Use Industry, 2014–2021 (USD Million)
Table 60 North America Tool Steel Market, By Country, 2014-2021 (Kilotons)
Table 61 North America Tool Steel Market, By Country, 2014-2021 (USD Million)
Table 62 North America Tool Steel Market, By Product Type, 2014-2021 (Kilotons)
Table 63 North America Tool Steel Market, By Type, 2014-2021 (USD Million)
Table 64 North America Tool Steel Market, By End-Use Industry, 2014-2021 (Kilotons)
Table 65 North America Tool Steel Market, By End-Use Industry, 2014-2021 (USD Million)
Table 66 U.S. Tool Steel Market, By Product Type, 2014–2021 (Kilotons)
Table 67 U.S. Tool Steel Market, By Product Type, 2014–2021 (USD Million)
Table 68 U.S. Tool Steel Market, By End-Use Industry, 2014–2021 (Kilotons)
Table 69 U.S. Tool Steel Market, By End-Use Industry, 2014–2021 (USD Million)
Table 70 Canada Tool Steel Market, By Product Type, 2014–2021 (Kilotons)
Table 71 Canada Tool Steel Market, By Product Type, 2014–2021 (USD Million)
Table 72 Canada Tool Steel Market, By End-Use Industry, 2014–2021 (Kilotons)
Table 73 Canada Tool Steel Market, By End-Use Industry, 2014–2021 (USD Million)
Table 74 Mexico Tool Steel Market, By Product Type, 2014–2021 (Kilotons)
Table 75 Mexico Tool Steel Market, By Product Type, 2014–2021 (USD Million)
Table 76 Mexico Tool Steel Market, By End-Use Industry, 2014–2021 (Kilotons)
Table 77 Mexico Tool Steel Market, By End-Use Industry, 2014–2021 (USD Million)
Table 78 Europe Tool Steel Market, By Country, 2014-2021 (Kilotons)
Table 79 Europe Tool Steel Market, By Country, 2014-2021 (USD Million)
Table 80 Europe Tool Steel Market, By Product Type, 2014-2021 (Kilotons)
Table 81 Europe Tool Steel Market, By Type, 2014-2021 (USD Million)
Table 82 Europe Tool Steel Market, By End-Use Industry, 2014-2021 (Kilotons)
Table 83 Europe Tool Steel Market, By End-Use Industry, 2014-2021 (USD Million)
Table 84 Germany Tool Steel Market, By Product Type, 2014–2021 (Kilotons)
Table 85 Germany Tool Steel Market, By Product Type, 2014–2021 (USD Million)
Table 86 Germany Tool Steel Market, By End-Use Industry, 2014–2021 (Kilotons)
Table 87 Germany Tool Steel Market, By End-Use Industry, 2014–2021 (USD Million)
Table 88 U.K. Tool Steel Market, By Product Type, 2014–2021 (Kilotons)
Table 89 U.K. Tool Steel Market, By Product Type, 2014–2021 (USD Million)
Table 90 U.K. Tool Steel Market, By End-Use Industry, 2014–2021 (Kilotons)
Table 91 U.K. Tool Steel Market, By End-Use Industry, 2014–2021 (USD Million)
Table 92 France Tool Steel Market, By Product Type, 2014–2021 (Kilotons)
Table 93 France Tool Steel Market, By Product Type, 2014–2021 (USD Million)
Table 94 France Tool Steel Market, By End-Use Industry, 2014–2021 (Kilotons)
Table 95 France Tool Steel Market, By End-Use Industry, 2014–2021 (USD Million)
Table 96 Belgium Tool Steel Market, By Product Type, 2014–2021 (Kilotons)
Table 97 Belgium Tool Steel Market, By Product Type, 2014–2021 (USD Million)
Table 98 Belgium Tool Steel Market, By End-Use Industry, 2014–2021 (Kilotons)
Table 99 Belgium Tool Steel Market, By End-Use Industry, 2014–2021 (USD Million)
Table 100 Russia Tool Steel Market, By Product Type, 2014–2021 (Kilotons)
Table 101 Russia Tool Steel Market, By Product Type, 2014–2021 (USD Million)
Table 102 Russia Tool Steel Market, By End-Use Industry, 2014–2021 (Kilotons)
Table 103 Russia Tool Steel Market, By End-Use Industry, 2014–2021 (USD Million)
Table 104 Italy Tool Steel Market, By Product Type, 2014–2021 (Kilotons)
Table 105 Italy Tool Steel Market, By Product Type, 2014–2021 (USD Million)
Table 106 Italy Tool Steel Market, By End-Use Industry, 2014–2021 (Kilotons)
Table 107 Italy Tool Steel Market, By End-Use Industry, 2014–2021 (USD Million)
Table 108 Rest of Europe Tool Steel Market, By Product Type, 2014–2021 (Kilotons)
Table 109 Rest of Europe Tool Steel Market, By Product Type, 2014–2021 (USD Million)
Table 110 Rest of Europe Tool Steel Market, By End-Use Industry, 2014–2021 (Kilotons)
Table 111 Rest of Europe Tool Steel Market, By End-Use Industry, 2014–2021 (USD Million)
Table 112 South America Tool Steel Market, By Country, 2014-2021 (Kilotons)
Table 113 South America Tool Steel Market, By Country, 2014-2021 (USD Million)
Table 114 South America Tool Steel Market, By Product Type, 2014-2021 (Kilotons)
Table 115 South America Tool Steel Market, By Type, 2014-2021 (USD Million)
Table 116 South America Tool Steel Market, By End-Use Industry, 2014-2021 (Kilotons)
Table 117 South America Tool Steel Market, By End-Use Industry, 2014-2021 (USD Million)
Table 118 Brazil Tool Steel Market, By Product Type, 2014–2021 (Kilotons)
Table 119 Brazil Tool Steel Market, By Product Type, 2014–2021 (USD Million)
Table 120 Brazil Tool Steel Market, By End-Use Industry, 2014–2021 (Kilotons)
Table 121 Brazil Tool Steel Market, By End-Use Industry, 2014–2021 (USD Million)
Table 122 Argentina Tool Steel Market, By Product Type, 2014–2021 (Kilotons)
Table 123 Argentina Tool Steel Market, By Product Type, 2014–2021 (USD Million)
Table 124 Argentina Tool Steel Market, By End-Use Industry, 2014–2021 (Kilotons)
Table 125 Argentina Tool Steel Market, By End-Use Industry, 2014–2021 (USD Million)
Table 126 Rest of South America Tool Steel Market, By Product Type, 2014–2021 (Kilotons)
Table 127 Rest of South America Tool Steel Market, By Product Type, 2014–2021 (USD Million)
Table 128 Rest of South America Tool Steel Market, By End-Use Industry, 2014–2021 (Kilotons)
Table 129 Rest of South America Tool Steel Market, By End-Use Industry, 2014–2021 (USD Million)
Table 130 Middle East & Africa Tool Steel Market, By Country, 2014-2021 (Kilotons)
Table 131 Middle East & Africa Tool Steel Market, By Country, 2014-2021 (USD Million)
Table 132 Middle East & Africa Tool Steel Market, By Product Type, 2014-2021 (Kilotons)
Table 133 Middle East & Africa Tool Steel Market, By Type, 2014-2021 (USD Million)
Table 134 Middle East & Africa Tool Steel Market, By End-Use Industry, 2014-2021 (Kilotons)
Table 135 Middle East & Africa Tool Steel Market, By End-Use Industry, 2014-2021 (USD Million)
Table 136 South Africa Tool Steel Market, By Product Type, 2014–2021 (Kilotons)
Table 137 South Africa Tool Steel Market, By Product Type, 2014–2021 (USD Million)
Table 138 South Africa Tool Steel Market, By End-Use Industry, 2014–2021 (Kilotons)
Table 139 South Africa Tool Steel Market, By End-Use Industry, 2014–2021 (USD Million)
Table 140 Saudi Arabia Tool Steel Market, By Product Type, 2014–2021 (Kilotons)
Table 141 Saudi Arabia Tool Steel Market, By Product Type, 2014–2021 (USD Million)
Table 142 Saudi Arabia Tool Steel Market, By End-Use Industry, 2014–2021 (Kilotons)
Table 143 Saudi Arabia Tool Steel Market, By End-Use Industry, 2014–2021 (USD Million)
Table 144 Rest of Middle East & Africa Tool Steel Market, By Product Type, 2014–2021 (Kilotons)
Table 145 Rest of Middle East & Africa Tool Steel Market, By Product Type, 2014–2021 (USD Million)
Table 146 Rest of Middle East & Africa Tool Steel Market, By End-Use Industry, 2014–2021 (Kilotons)
Table 147 Rest of Middle East & Africa Tool Steel Market, By End-Use Industry, 2014–2021 (USD Million)
List of Figures
Figure 1 Tool Steel Market Segmentation
Figure 2 Tool Steel Market: Research Design
Figure 3 Bottom-Up Approach
Figure 4 Top-Down Approach
Figure 5 Tool Steel Market: Data Triangulation
Figure 6 The Metal Cutting Tools Product Type Segment Led the Tool Steel Market in 2016
Figure 7 The Automotive Industry Segment Led the Tool Steel Market in 2016
Figure 8 The Asia-Pacific Region Led the Tool Steel Market in 2016
Figure 9 Increasing Demand for Tool Steel for Various Applications to Fuel the Growth of Market During the Forecast Period
Figure 10 The Asia-Pacific Tool Steel Market is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 11 The Metal Cutting Tools Segment Led the Tool Steel Market in 2016
Figure 12 The Automotive Industry Segment Contributed the Largest Share to the Asia-Pacific Tool Steel Market in 2016
Figure 13 China is Expected to Held the Largest Market Share From 2016 to 2021
Figure 14 Drivers, Restraints, Opportunities, and Challenges for the Tool Steel Market
Figure 15 Tool Steel: Porter’s Five Forces Analysis
Figure 16 The Metal Cutting Tools Segment is Expected to Drive the Growth of the Tool Steel Market Between 2016 and 2021
Figure 17 The Metal Cutting Tools Segment of the Asia-Pacific Tool Steel Market is Projected to Grow at the Highest CAGR Between 2016 and 2021
Figure 18 The Asia-Pacific to Lead the Cold Working Tools Segment of the Tool Steel Market Between 2016 and 2021
Figure 19 The Asia-Pacific Region to Lead the Other Product Types Segment of the Tool Steel Market From 2016 to 2021
Figure 20 The Automotive Industry Segment is Expected to Drive the Growth of the Tool Steel Market Between 2016 and 2021
Figure 21 The Automotive Industry Segment of the Asia-Pacific Tool Steel Market is Projected to Grow at the Highest CAGR Between 2016 and 2021
Figure 22 The Asia-Pacific is Projected to Lead the Plastic Industry Segment of the Tool Steel Market Between 2016 and 2021
Figure 23 The Asia-Pacific Region is Projected to Lead the Aerospace Industry Segment of the Tool Steel From 2016 to 2021
Figure 24 The Asia-Pacific is Projected to Lead the Energy Sector Segment of the Tool Steel Between 2016 and 2021
Figure 25 The Asia-Pacific is Projected to Lead the Other End-Use Industries Segment of the Tool Steel Market From 2016 to 2021
Figure 26 Tool Steel Market, By Region, 2015
Figure 27 Asia-Pacific Tool Steel Market Snapshot
Figure 28 North America Tool Steel Market Snapshot
Figure 29 Europe Tool Steel Market Snapshot
Figure 30 South America Tool Steel Market Snapshot
Figure 31 Middle East & Africa Tool Steel Market Snapshot
Figure 32 The Strategy of Mergers & Acquisitions has Been Widely Adopted By the Key Players to Strengthen Their Position in the Tool Steel Market Between 2011 to 2017( Feburary)
Figure 33 Key Growth Strategies in the Tool Steel Market Between 2011 and 2017 (February)
Figure 34 Nachi-Fujikoshi Corporation and Kennametal Inc. Accounted for the Largest Share of the Total Developments in the Tool Steel Market Between 2011 and 2017(February)
Figure 35 Erasteel Accounted for the Largest Share of the Total Developments That Took Place in the Tool Steel Market in 2016
Figure 36 Nachi-Fujikoshi Corporation: Company Snapshot
Figure 37 Nachi-Fujikoshi Corporation: SWOT Analysis
Figure 38 Daido Steel Co., Ltd.: Company Snapshot
Figure 39 Daido Steel Co., Ltd.: SWOT Analysis
Figure 40 Voestalpine AG: Company Snapshot
Figure 41 Voestalpine AG: SWOT Analysis
Figure 42 Sandvik Materials Technology AB: Company Snapshot
Figure 43 Sandvik Materials Technology AB: SWOT Analysis
Figure 44 Kennametal Inc.: Company Snapshot
Figure 45 Kennametal Inc.: SWOT Analysis
Figure 46 Arcelormittal S.A.: Company Snapshot
Figure 47 Arcelormittal S.A. : SWOT Analysis
Figure 48 Thyssenkrupp AG: Company Snapshot