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Global HSS Cutting Tools Market Research Report 2025
Synopsis
Cutting tools are tools used for cutting in machinery manufacturing. Most cutters are machine - made. Since the tools used in mechanical manufacturing are basically used to cut metal materials, it is generally understood as metal cutting tools.
This report mainly introduces HSS metal cutting tools, including milling tools, hole cutting tools, thread cutting tools, gear tools, etc.
The global HSS Cutting Tools market was valued at US$ 4060 million in 2023 and is anticipated to reach US$ 4903.3 million by 2030, witnessing a CAGR of 2.7% during the forecast period 2024-2030.
The main consumer countries of HSS metal cutting tools are the United States, Japan, China, Europe and other countries and regions. These regions account for more than 84 per cent of the global market. Among them, China is the world's largest consumer market, accounting for more than 40% of global sales market.
The main HSS metal cutting tool manufacturers in the market include Sandvik, Far East Tools, etc. The global top ten enterprises account for nearly 45% of the market, and the domestic top three enterprises account for more than 28%.
This report aims to provide a comprehensive presentation of the global market for HSS Cutting Tools, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding HSS Cutting Tools.
Report Scope
The HSS Cutting Tools market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global HSS Cutting Tools market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the HSS Cutting Tools manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Sandvik
OSG
MMC
Kennametal
TDC Cutting Tools
Shanghai Tool Works
NACHI-FUJIKOSHI
YG-1
Tiangong International Company
Chinachengliang
HMCT Group
HYGZT
Segment by Type
HSS Milling Tools
HSS Drilling Tools
HSS Tapping Tools
HSS Gear Cutting Tools
Others
Segment by Application
Automobile
Machinery
Energy
Rail Transport & Aircraft
Medical
Others
Production by Region
North America
Europe
China
Japan
India
South Africa
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of HSS Cutting Tools manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of HSS Cutting Tools by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of HSS Cutting Tools in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Cutting tools are tools used for cutting in machinery manufacturing. Most cutters are machine - made. Since the tools used in mechanical manufacturing are basically used to cut metal materials, it is generally understood as metal cutting tools.
This report mainly introduces HSS metal cutting tools, including milling tools, hole cutting tools, thread cutting tools, gear tools, etc.
The global HSS Cutting Tools market was valued at US$ 4060 million in 2023 and is anticipated to reach US$ 4903.3 million by 2030, witnessing a CAGR of 2.7% during the forecast period 2024-2030.
The main consumer countries of HSS metal cutting tools are the United States, Japan, China, Europe and other countries and regions. These regions account for more than 84 per cent of the global market. Among them, China is the world's largest consumer market, accounting for more than 40% of global sales market.
The main HSS metal cutting tool manufacturers in the market include Sandvik, Far East Tools, etc. The global top ten enterprises account for nearly 45% of the market, and the domestic top three enterprises account for more than 28%.
This report aims to provide a comprehensive presentation of the global market for HSS Cutting Tools, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding HSS Cutting Tools.
Report Scope
The HSS Cutting Tools market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global HSS Cutting Tools market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the HSS Cutting Tools manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Sandvik
OSG
MMC
Kennametal
TDC Cutting Tools
Shanghai Tool Works
NACHI-FUJIKOSHI
YG-1
Tiangong International Company
Chinachengliang
HMCT Group
HYGZT
Segment by Type
HSS Milling Tools
HSS Drilling Tools
HSS Tapping Tools
HSS Gear Cutting Tools
Others
Segment by Application
Automobile
Machinery
Energy
Rail Transport & Aircraft
Medical
Others
Production by Region
North America
Europe
China
Japan
India
South Africa
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of HSS Cutting Tools manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of HSS Cutting Tools by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of HSS Cutting Tools in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 HSS Cutting Tools Market Overview
1.1 Product Definition
1.2 HSS Cutting Tools Segment by Type
1.2.1 Global HSS Cutting Tools Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 HSS Milling Tools
1.2.3 HSS Drilling Tools
1.2.4 HSS Tapping Tools
1.2.5 HSS Gear Cutting Tools
1.2.6 Others
1.3 HSS Cutting Tools Segment by Application
1.3.1 Global HSS Cutting Tools Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Automobile
1.3.3 Machinery
1.3.4 Energy
1.3.5 Rail Transport & Aircraft
1.3.6 Medical
1.3.7 Others
1.4 Global Market Growth Prospects
1.4.1 Global HSS Cutting Tools Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global HSS Cutting Tools Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global HSS Cutting Tools Production Estimates and Forecasts (2019-2030)
1.4.4 Global HSS Cutting Tools Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global HSS Cutting Tools Production Market Share by Manufacturers (2019-2024)
2.2 Global HSS Cutting Tools Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of HSS Cutting Tools, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global HSS Cutting Tools Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global HSS Cutting Tools Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of HSS Cutting Tools, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of HSS Cutting Tools, Product Offered and Application
2.8 Global Key Manufacturers of HSS Cutting Tools, Date of Enter into This Industry
2.9 HSS Cutting Tools Market Competitive Situation and Trends
2.9.1 HSS Cutting Tools Market Concentration Rate
2.9.2 Global 5 and 10 Largest HSS Cutting Tools Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 HSS Cutting Tools Production by Region
3.1 Global HSS Cutting Tools Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global HSS Cutting Tools Production Value by Region (2019-2030)
3.2.1 Global HSS Cutting Tools Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of HSS Cutting Tools by Region (2025-2030)
3.3 Global HSS Cutting Tools Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global HSS Cutting Tools Production by Region (2019-2030)
3.4.1 Global HSS Cutting Tools Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of HSS Cutting Tools by Region (2025-2030)
3.5 Global HSS Cutting Tools Market Price Analysis by Region (2019-2024)
3.6 Global HSS Cutting Tools Production and Value, Year-over-Year Growth
3.6.1 North America HSS Cutting Tools Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe HSS Cutting Tools Production Value Estimates and Forecasts (2019-2030)
3.6.3 China HSS Cutting Tools Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan HSS Cutting Tools Production Value Estimates and Forecasts (2019-2030)
3.6.5 India HSS Cutting Tools Production Value Estimates and Forecasts (2019-2030)
3.6.6 South Africa HSS Cutting Tools Production Value Estimates and Forecasts (2019-2030)
4 HSS Cutting Tools Consumption by Region
4.1 Global HSS Cutting Tools Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global HSS Cutting Tools Consumption by Region (2019-2030)
4.2.1 Global HSS Cutting Tools Consumption by Region (2019-2024)
4.2.2 Global HSS Cutting Tools Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America HSS Cutting Tools Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America HSS Cutting Tools Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe HSS Cutting Tools Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe HSS Cutting Tools Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific HSS Cutting Tools Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific HSS Cutting Tools Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa HSS Cutting Tools Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa HSS Cutting Tools Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global HSS Cutting Tools Production by Type (2019-2030)
5.1.1 Global HSS Cutting Tools Production by Type (2019-2024)
5.1.2 Global HSS Cutting Tools Production by Type (2025-2030)
5.1.3 Global HSS Cutting Tools Production Market Share by Type (2019-2030)
5.2 Global HSS Cutting Tools Production Value by Type (2019-2030)
5.2.1 Global HSS Cutting Tools Production Value by Type (2019-2024)
5.2.2 Global HSS Cutting Tools Production Value by Type (2025-2030)
5.2.3 Global HSS Cutting Tools Production Value Market Share by Type (2019-2030)
5.3 Global HSS Cutting Tools Price by Type (2019-2030)
6 Segment by Application
6.1 Global HSS Cutting Tools Production by Application (2019-2030)
6.1.1 Global HSS Cutting Tools Production by Application (2019-2024)
6.1.2 Global HSS Cutting Tools Production by Application (2025-2030)
6.1.3 Global HSS Cutting Tools Production Market Share by Application (2019-2030)
6.2 Global HSS Cutting Tools Production Value by Application (2019-2030)
6.2.1 Global HSS Cutting Tools Production Value by Application (2019-2024)
6.2.2 Global HSS Cutting Tools Production Value by Application (2025-2030)
6.2.3 Global HSS Cutting Tools Production Value Market Share by Application (2019-2030)
6.3 Global HSS Cutting Tools Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Sandvik
7.1.1 Sandvik HSS Cutting Tools Corporation Information
7.1.2 Sandvik HSS Cutting Tools Product Portfolio
7.1.3 Sandvik HSS Cutting Tools Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Sandvik Main Business and Markets Served
7.1.5 Sandvik Recent Developments/Updates
7.2 OSG
7.2.1 OSG HSS Cutting Tools Corporation Information
7.2.2 OSG HSS Cutting Tools Product Portfolio
7.2.3 OSG HSS Cutting Tools Production, Value, Price and Gross Margin (2019-2024)
7.2.4 OSG Main Business and Markets Served
7.2.5 OSG Recent Developments/Updates
7.3 MMC
7.3.1 MMC HSS Cutting Tools Corporation Information
7.3.2 MMC HSS Cutting Tools Product Portfolio
7.3.3 MMC HSS Cutting Tools Production, Value, Price and Gross Margin (2019-2024)
7.3.4 MMC Main Business and Markets Served
7.3.5 MMC Recent Developments/Updates
7.4 Kennametal
7.4.1 Kennametal HSS Cutting Tools Corporation Information
7.4.2 Kennametal HSS Cutting Tools Product Portfolio
7.4.3 Kennametal HSS Cutting Tools Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Kennametal Main Business and Markets Served
7.4.5 Kennametal Recent Developments/Updates
7.5 TDC Cutting Tools
7.5.1 TDC Cutting Tools HSS Cutting Tools Corporation Information
7.5.2 TDC Cutting Tools HSS Cutting Tools Product Portfolio
7.5.3 TDC Cutting Tools HSS Cutting Tools Production, Value, Price and Gross Margin (2019-2024)
7.5.4 TDC Cutting Tools Main Business and Markets Served
7.5.5 TDC Cutting Tools Recent Developments/Updates
7.6 Shanghai Tool Works
7.6.1 Shanghai Tool Works HSS Cutting Tools Corporation Information
7.6.2 Shanghai Tool Works HSS Cutting Tools Product Portfolio
7.6.3 Shanghai Tool Works HSS Cutting Tools Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Shanghai Tool Works Main Business and Markets Served
7.6.5 Shanghai Tool Works Recent Developments/Updates
7.7 NACHI-FUJIKOSHI
7.7.1 NACHI-FUJIKOSHI HSS Cutting Tools Corporation Information
7.7.2 NACHI-FUJIKOSHI HSS Cutting Tools Product Portfolio
7.7.3 NACHI-FUJIKOSHI HSS Cutting Tools Production, Value, Price and Gross Margin (2019-2024)
7.7.4 NACHI-FUJIKOSHI Main Business and Markets Served
7.7.5 NACHI-FUJIKOSHI Recent Developments/Updates
7.8 YG-1
7.8.1 YG-1 HSS Cutting Tools Corporation Information
7.8.2 YG-1 HSS Cutting Tools Product Portfolio
7.8.3 YG-1 HSS Cutting Tools Production, Value, Price and Gross Margin (2019-2024)
7.8.4 YG-1 Main Business and Markets Served
7.7.5 YG-1 Recent Developments/Updates
7.9 Tiangong International Company
7.9.1 Tiangong International Company HSS Cutting Tools Corporation Information
7.9.2 Tiangong International Company HSS Cutting Tools Product Portfolio
7.9.3 Tiangong International Company HSS Cutting Tools Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Tiangong International Company Main Business and Markets Served
7.9.5 Tiangong International Company Recent Developments/Updates
7.10 Chinachengliang
7.10.1 Chinachengliang HSS Cutting Tools Corporation Information
7.10.2 Chinachengliang HSS Cutting Tools Product Portfolio
7.10.3 Chinachengliang HSS Cutting Tools Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Chinachengliang Main Business and Markets Served
7.10.5 Chinachengliang Recent Developments/Updates
7.11 HMCT Group
7.11.1 HMCT Group HSS Cutting Tools Corporation Information
7.11.2 HMCT Group HSS Cutting Tools Product Portfolio
7.11.3 HMCT Group HSS Cutting Tools Production, Value, Price and Gross Margin (2019-2024)
7.11.4 HMCT Group Main Business and Markets Served
7.11.5 HMCT Group Recent Developments/Updates
7.12 HYGZT
7.12.1 HYGZT HSS Cutting Tools Corporation Information
7.12.2 HYGZT HSS Cutting Tools Product Portfolio
7.12.3 HYGZT HSS Cutting Tools Production, Value, Price and Gross Margin (2019-2024)
7.12.4 HYGZT Main Business and Markets Served
7.12.5 HYGZT Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 HSS Cutting Tools Industry Chain Analysis
8.2 HSS Cutting Tools Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 HSS Cutting Tools Production Mode & Process
8.4 HSS Cutting Tools Sales and Marketing
8.4.1 HSS Cutting Tools Sales Channels
8.4.2 HSS Cutting Tools Distributors
8.5 HSS Cutting Tools Customers
9 HSS Cutting Tools Market Dynamics
9.1 HSS Cutting Tools Industry Trends
9.2 HSS Cutting Tools Market Drivers
9.3 HSS Cutting Tools Market Challenges
9.4 HSS Cutting Tools Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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