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High Speed Steel-Global Market Insights and Sales Trends 2025
Synopsis
The global High Speed Steel market size is expected to reach US$ 10310 million by 2029, growing at a CAGR of 3.6% from 2023 to 2029. The market is mainly driven by the significant applications of High Speed Steel in various end use industries. The expanding demands from the Metal Cutting Tools, Cold Working Die, Roll and Others, are propelling High Speed Steel market. T Type High Speed Steel, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the M Type High Speed Steel segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for High Speed Steel market, driven by demand from China, the second largest economy with some signs of stabilising, the High Speed Steel market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for High Speed Steel, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global High Speed Steel market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global High Speed Steel market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, High Speed Steel sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of High Speed Steel covered in this report include EraSteel, Bohler, Carpenter, Hitachi, Nachi, Crucible Industries, Graphite India Limited, DSS and Sandvik, etc.
The global High Speed Steel market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
EraSteel
Bohler
Carpenter
Hitachi
Nachi
Crucible Industries
Graphite India Limited
DSS
Sandvik
Griggs
Tiangong International
HEYE Special Steel
FEIDA
Fuda
Bewise
Jinggong
Zhongqiang Roll
Global High Speed Steel market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global High Speed Steel market, Segment by Type:
T Type High Speed Steel
M Type High Speed Steel
Other Types
Global High Speed Steel market, by Application
Metal Cutting Tools
Cold Working Die
Roll
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of High Speed Steel manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of High Speed Steel in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global High Speed Steel market size is expected to reach US$ 10310 million by 2029, growing at a CAGR of 3.6% from 2023 to 2029. The market is mainly driven by the significant applications of High Speed Steel in various end use industries. The expanding demands from the Metal Cutting Tools, Cold Working Die, Roll and Others, are propelling High Speed Steel market. T Type High Speed Steel, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the M Type High Speed Steel segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for High Speed Steel market, driven by demand from China, the second largest economy with some signs of stabilising, the High Speed Steel market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for High Speed Steel, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global High Speed Steel market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global High Speed Steel market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, High Speed Steel sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of High Speed Steel covered in this report include EraSteel, Bohler, Carpenter, Hitachi, Nachi, Crucible Industries, Graphite India Limited, DSS and Sandvik, etc.
The global High Speed Steel market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
EraSteel
Bohler
Carpenter
Hitachi
Nachi
Crucible Industries
Graphite India Limited
DSS
Sandvik
Griggs
Tiangong International
HEYE Special Steel
FEIDA
Fuda
Bewise
Jinggong
Zhongqiang Roll
Global High Speed Steel market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global High Speed Steel market, Segment by Type:
T Type High Speed Steel
M Type High Speed Steel
Other Types
Global High Speed Steel market, by Application
Metal Cutting Tools
Cold Working Die
Roll
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of High Speed Steel manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of High Speed Steel in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 High Speed Steel Market Overview
1.1 High Speed Steel Product Overview
1.2 High Speed Steel Market Segment by Type
1.2.1 T Type High Speed Steel
1.2.2 M Type High Speed Steel
1.2.3 Other Types
1.3 Global High Speed Steel Market Size by Type
1.3.1 Global High Speed Steel Market Size Overview by Type (2018-2029)
1.3.2 Global High Speed Steel Historic Market Size Review by Type (2018-2023)
1.3.3 Global High Speed Steel Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America High Speed Steel Sales Breakdown by Type (2018-2023)
1.4.2 Europe High Speed Steel Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific High Speed Steel Sales Breakdown by Type (2018-2023)
1.4.4 Latin America High Speed Steel Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa High Speed Steel Sales Breakdown by Type (2018-2023)
2 Global High Speed Steel Market Competition by Company
2.1 Global Top Players by High Speed Steel Sales (2018-2023)
2.2 Global Top Players by High Speed Steel Revenue (2018-2023)
2.3 Global Top Players by High Speed Steel Price (2018-2023)
2.4 Global Top Manufacturers High Speed Steel Manufacturing Base Distribution, Sales Area, Product Type
2.5 High Speed Steel Market Competitive Situation and Trends
2.5.1 High Speed Steel Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by High Speed Steel Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in High Speed Steel as of 2022)
2.7 Date of Key Manufacturers Enter into High Speed Steel Market
2.8 Key Manufacturers High Speed Steel Product Offered
2.9 Mergers & Acquisitions, Expansion
3 High Speed Steel Status and Outlook by Region
3.1 Global High Speed Steel Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global High Speed Steel Historic Market Size by Region
3.2.1 Global High Speed Steel Sales in Volume by Region (2018-2023)
3.2.2 Global High Speed Steel Sales in Value by Region (2018-2023)
3.2.3 Global High Speed Steel Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global High Speed Steel Forecasted Market Size by Region
3.3.1 Global High Speed Steel Sales in Volume by Region (2024-2029)
3.3.2 Global High Speed Steel Sales in Value by Region (2024-2029)
3.3.3 Global High Speed Steel Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global High Speed Steel by Application
4.1 High Speed Steel Market Segment by Application
4.1.1 Metal Cutting Tools
4.1.2 Cold Working Die
4.1.3 Roll
4.1.4 Others
4.2 Global High Speed Steel Market Size by Application
4.2.1 Global High Speed Steel Market Size Overview by Application (2018-2029)
4.2.2 Global High Speed Steel Historic Market Size Review by Application (2018-2023)
4.2.3 Global High Speed Steel Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America High Speed Steel Sales Breakdown by Application (2018-2023)
4.3.2 Europe High Speed Steel Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific High Speed Steel Sales Breakdown by Application (2018-2023)
4.3.4 Latin America High Speed Steel Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa High Speed Steel Sales Breakdown by Application (2018-2023)
5 North America High Speed Steel by Country
5.1 North America High Speed Steel Historic Market Size by Country
5.1.1 North America High Speed Steel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America High Speed Steel Sales in Volume by Country (2018-2023)
5.1.3 North America High Speed Steel Sales in Value by Country (2018-2023)
5.2 North America High Speed Steel Forecasted Market Size by Country
5.2.1 North America High Speed Steel Sales in Volume by Country (2024-2029)
5.2.2 North America High Speed Steel Sales in Value by Country (2024-2029)
6 Europe High Speed Steel by Country
6.1 Europe High Speed Steel Historic Market Size by Country
6.1.1 Europe High Speed Steel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe High Speed Steel Sales in Volume by Country (2018-2023)
6.1.3 Europe High Speed Steel Sales in Value by Country (2018-2023)
6.2 Europe High Speed Steel Forecasted Market Size by Country
6.2.1 Europe High Speed Steel Sales in Volume by Country (2024-2029)
6.2.2 Europe High Speed Steel Sales in Value by Country (2024-2029)
7 Asia-Pacific High Speed Steel by Region
7.1 Asia-Pacific High Speed Steel Historic Market Size by Region
7.1.1 Asia-Pacific High Speed Steel Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific High Speed Steel Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific High Speed Steel Sales in Value by Region (2018-2023)
7.2 Asia-Pacific High Speed Steel Forecasted Market Size by Region
7.2.1 Asia-Pacific High Speed Steel Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific High Speed Steel Sales in Value by Region (2024-2029)
8 Latin America High Speed Steel by Country
8.1 Latin America High Speed Steel Historic Market Size by Country
8.1.1 Latin America High Speed Steel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America High Speed Steel Sales in Volume by Country (2018-2023)
8.1.3 Latin America High Speed Steel Sales in Value by Country (2018-2023)
8.2 Latin America High Speed Steel Forecasted Market Size by Country
8.2.1 Latin America High Speed Steel Sales in Volume by Country (2024-2029)
8.2.2 Latin America High Speed Steel Sales in Value by Country (2024-2029)
9 Middle East and Africa High Speed Steel by Country
9.1 Middle East and Africa High Speed Steel Historic Market Size by Country
9.1.1 Middle East and Africa High Speed Steel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa High Speed Steel Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa High Speed Steel Sales in Value by Country (2018-2023)
9.2 Middle East and Africa High Speed Steel Forecasted Market Size by Country
9.2.1 Middle East and Africa High Speed Steel Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa High Speed Steel Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 EraSteel
10.1.1 EraSteel Company Information
10.1.2 EraSteel Introduction and Business Overview
10.1.3 EraSteel High Speed Steel Sales, Revenue and Gross Margin (2018-2023)
10.1.4 EraSteel High Speed Steel Products Offered
10.1.5 EraSteel Recent Development
10.2 Bohler
10.2.1 Bohler Company Information
10.2.2 Bohler Introduction and Business Overview
10.2.3 Bohler High Speed Steel Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Bohler High Speed Steel Products Offered
10.2.5 Bohler Recent Development
10.3 Carpenter
10.3.1 Carpenter Company Information
10.3.2 Carpenter Introduction and Business Overview
10.3.3 Carpenter High Speed Steel Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Carpenter High Speed Steel Products Offered
10.3.5 Carpenter Recent Development
10.4 Hitachi
10.4.1 Hitachi Company Information
10.4.2 Hitachi Introduction and Business Overview
10.4.3 Hitachi High Speed Steel Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Hitachi High Speed Steel Products Offered
10.4.5 Hitachi Recent Development
10.5 Nachi
10.5.1 Nachi Company Information
10.5.2 Nachi Introduction and Business Overview
10.5.3 Nachi High Speed Steel Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Nachi High Speed Steel Products Offered
10.5.5 Nachi Recent Development
10.6 Crucible Industries
10.6.1 Crucible Industries Company Information
10.6.2 Crucible Industries Introduction and Business Overview
10.6.3 Crucible Industries High Speed Steel Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Crucible Industries High Speed Steel Products Offered
10.6.5 Crucible Industries Recent Development
10.7 Graphite India Limited
10.7.1 Graphite India Limited Company Information
10.7.2 Graphite India Limited Introduction and Business Overview
10.7.3 Graphite India Limited High Speed Steel Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Graphite India Limited High Speed Steel Products Offered
10.7.5 Graphite India Limited Recent Development
10.8 DSS
10.8.1 DSS Company Information
10.8.2 DSS Introduction and Business Overview
10.8.3 DSS High Speed Steel Sales, Revenue and Gross Margin (2018-2023)
10.8.4 DSS High Speed Steel Products Offered
10.8.5 DSS Recent Development
10.9 Sandvik
10.9.1 Sandvik Company Information
10.9.2 Sandvik Introduction and Business Overview
10.9.3 Sandvik High Speed Steel Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Sandvik High Speed Steel Products Offered
10.9.5 Sandvik Recent Development
10.10 Griggs
10.10.1 Griggs Company Information
10.10.2 Griggs Introduction and Business Overview
10.10.3 Griggs High Speed Steel Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Griggs High Speed Steel Products Offered
10.10.5 Griggs Recent Development
10.11 Tiangong International
10.11.1 Tiangong International Company Information
10.11.2 Tiangong International Introduction and Business Overview
10.11.3 Tiangong International High Speed Steel Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Tiangong International High Speed Steel Products Offered
10.11.5 Tiangong International Recent Development
10.12 HEYE Special Steel
10.12.1 HEYE Special Steel Company Information
10.12.2 HEYE Special Steel Introduction and Business Overview
10.12.3 HEYE Special Steel High Speed Steel Sales, Revenue and Gross Margin (2018-2023)
10.12.4 HEYE Special Steel High Speed Steel Products Offered
10.12.5 HEYE Special Steel Recent Development
10.13 FEIDA
10.13.1 FEIDA Company Information
10.13.2 FEIDA Introduction and Business Overview
10.13.3 FEIDA High Speed Steel Sales, Revenue and Gross Margin (2018-2023)
10.13.4 FEIDA High Speed Steel Products Offered
10.13.5 FEIDA Recent Development
10.14 Fuda
10.14.1 Fuda Company Information
10.14.2 Fuda Introduction and Business Overview
10.14.3 Fuda High Speed Steel Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Fuda High Speed Steel Products Offered
10.14.5 Fuda Recent Development
10.15 Bewise
10.15.1 Bewise Company Information
10.15.2 Bewise Introduction and Business Overview
10.15.3 Bewise High Speed Steel Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Bewise High Speed Steel Products Offered
10.15.5 Bewise Recent Development
10.16 Jinggong
10.16.1 Jinggong Company Information
10.16.2 Jinggong Introduction and Business Overview
10.16.3 Jinggong High Speed Steel Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Jinggong High Speed Steel Products Offered
10.16.5 Jinggong Recent Development
10.17 Zhongqiang Roll
10.17.1 Zhongqiang Roll Company Information
10.17.2 Zhongqiang Roll Introduction and Business Overview
10.17.3 Zhongqiang Roll High Speed Steel Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Zhongqiang Roll High Speed Steel Products Offered
10.17.5 Zhongqiang Roll Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 High Speed Steel Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 High Speed Steel Industrial Chain Analysis
11.4 High Speed Steel Market Dynamics
11.4.1 High Speed Steel Industry Trends
11.4.2 High Speed Steel Market Drivers
11.4.3 High Speed Steel Market Challenges
11.4.4 High Speed Steel Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 High Speed Steel Distributors
12.3 High Speed Steel Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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