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Tungsten High Speed Steel-Global Market Insights and Sales Trends 2025
Synopsis
The global Tungsten High Speed Steel market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Tungsten High Speed Steel in various end use industries. The expanding demands from the Precision Tools, Cutting Cutlery, Punches and Dies and Aircraft Bearings, are propelling Tungsten High Speed Steel market. W18Cr4V, 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 W6Mo5Cr4V2 segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Tungsten High Speed Steel market, driven by demand from China, the second largest economy with some signs of stabilising, the Tungsten 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 Tungsten 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 Tungsten 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 Tungsten High Speed Steel market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Tungsten 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 Tungsten High Speed Steel covered in this report include HEYE Special Steel, Fuda Special Steel, Tiangong International, Baowu, Dongbei Special Steel, Carpenter Technology Corporation, Erasteel, Bohler and Hitachi, etc.
The global Tungsten 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:
HEYE Special Steel
Fuda Special Steel
Tiangong International
Baowu
Dongbei Special Steel
Carpenter Technology Corporation
Erasteel
Bohler
Hitachi
Nachi
Global Tungsten 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 Tungsten High Speed Steel market, Segment by Type:
W18Cr4V
W6Mo5Cr4V2
W9Mo3Cr4V
Global Tungsten High Speed Steel market, by Application
Precision Tools
Cutting Cutlery
Punches and Dies
Aircraft Bearings
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 Tungsten 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 Tungsten 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 Tungsten High Speed Steel market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Tungsten High Speed Steel in various end use industries. The expanding demands from the Precision Tools, Cutting Cutlery, Punches and Dies and Aircraft Bearings, are propelling Tungsten High Speed Steel market. W18Cr4V, 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 W6Mo5Cr4V2 segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Tungsten High Speed Steel market, driven by demand from China, the second largest economy with some signs of stabilising, the Tungsten 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 Tungsten 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 Tungsten 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 Tungsten High Speed Steel market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Tungsten 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 Tungsten High Speed Steel covered in this report include HEYE Special Steel, Fuda Special Steel, Tiangong International, Baowu, Dongbei Special Steel, Carpenter Technology Corporation, Erasteel, Bohler and Hitachi, etc.
The global Tungsten 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:
HEYE Special Steel
Fuda Special Steel
Tiangong International
Baowu
Dongbei Special Steel
Carpenter Technology Corporation
Erasteel
Bohler
Hitachi
Nachi
Global Tungsten 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 Tungsten High Speed Steel market, Segment by Type:
W18Cr4V
W6Mo5Cr4V2
W9Mo3Cr4V
Global Tungsten High Speed Steel market, by Application
Precision Tools
Cutting Cutlery
Punches and Dies
Aircraft Bearings
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 Tungsten 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 Tungsten 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 Tungsten High Speed Steel Market Overview
1.1 Tungsten High Speed Steel Product Overview
1.2 Tungsten High Speed Steel Market Segment by Type
1.2.1 W18Cr4V
1.2.2 W6Mo5Cr4V2
1.2.3 W9Mo3Cr4V
1.3 Global Tungsten High Speed Steel Market Size by Type
1.3.1 Global Tungsten High Speed Steel Market Size Overview by Type (2018-2029)
1.3.2 Global Tungsten High Speed Steel Historic Market Size Review by Type (2018-2023)
1.3.3 Global Tungsten High Speed Steel Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Tungsten High Speed Steel Sales Breakdown by Type (2018-2023)
1.4.2 Europe Tungsten High Speed Steel Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Tungsten High Speed Steel Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Tungsten High Speed Steel Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Tungsten High Speed Steel Sales Breakdown by Type (2018-2023)
2 Global Tungsten High Speed Steel Market Competition by Company
2.1 Global Top Players by Tungsten High Speed Steel Sales (2018-2023)
2.2 Global Top Players by Tungsten High Speed Steel Revenue (2018-2023)
2.3 Global Top Players by Tungsten High Speed Steel Price (2018-2023)
2.4 Global Top Manufacturers Tungsten High Speed Steel Manufacturing Base Distribution, Sales Area, Product Type
2.5 Tungsten High Speed Steel Market Competitive Situation and Trends
2.5.1 Tungsten High Speed Steel Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Tungsten 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 Tungsten High Speed Steel as of 2022)
2.7 Date of Key Manufacturers Enter into Tungsten High Speed Steel Market
2.8 Key Manufacturers Tungsten High Speed Steel Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Tungsten High Speed Steel Status and Outlook by Region
3.1 Global Tungsten High Speed Steel Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Tungsten High Speed Steel Historic Market Size by Region
3.2.1 Global Tungsten High Speed Steel Sales in Volume by Region (2018-2023)
3.2.2 Global Tungsten High Speed Steel Sales in Value by Region (2018-2023)
3.2.3 Global Tungsten High Speed Steel Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Tungsten High Speed Steel Forecasted Market Size by Region
3.3.1 Global Tungsten High Speed Steel Sales in Volume by Region (2024-2029)
3.3.2 Global Tungsten High Speed Steel Sales in Value by Region (2024-2029)
3.3.3 Global Tungsten High Speed Steel Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Tungsten High Speed Steel by Application
4.1 Tungsten High Speed Steel Market Segment by Application
4.1.1 Precision Tools
4.1.2 Cutting Cutlery
4.1.3 Punches and Dies
4.1.4 Aircraft Bearings
4.1.5 Others
4.2 Global Tungsten High Speed Steel Market Size by Application
4.2.1 Global Tungsten High Speed Steel Market Size Overview by Application (2018-2029)
4.2.2 Global Tungsten High Speed Steel Historic Market Size Review by Application (2018-2023)
4.2.3 Global Tungsten High Speed Steel Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Tungsten High Speed Steel Sales Breakdown by Application (2018-2023)
4.3.2 Europe Tungsten High Speed Steel Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Tungsten High Speed Steel Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Tungsten High Speed Steel Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Tungsten High Speed Steel Sales Breakdown by Application (2018-2023)
5 North America Tungsten High Speed Steel by Country
5.1 North America Tungsten High Speed Steel Historic Market Size by Country
5.1.1 North America Tungsten High Speed Steel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Tungsten High Speed Steel Sales in Volume by Country (2018-2023)
5.1.3 North America Tungsten High Speed Steel Sales in Value by Country (2018-2023)
5.2 North America Tungsten High Speed Steel Forecasted Market Size by Country
5.2.1 North America Tungsten High Speed Steel Sales in Volume by Country (2024-2029)
5.2.2 North America Tungsten High Speed Steel Sales in Value by Country (2024-2029)
6 Europe Tungsten High Speed Steel by Country
6.1 Europe Tungsten High Speed Steel Historic Market Size by Country
6.1.1 Europe Tungsten High Speed Steel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Tungsten High Speed Steel Sales in Volume by Country (2018-2023)
6.1.3 Europe Tungsten High Speed Steel Sales in Value by Country (2018-2023)
6.2 Europe Tungsten High Speed Steel Forecasted Market Size by Country
6.2.1 Europe Tungsten High Speed Steel Sales in Volume by Country (2024-2029)
6.2.2 Europe Tungsten High Speed Steel Sales in Value by Country (2024-2029)
7 Asia-Pacific Tungsten High Speed Steel by Region
7.1 Asia-Pacific Tungsten High Speed Steel Historic Market Size by Region
7.1.1 Asia-Pacific Tungsten High Speed Steel Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Tungsten High Speed Steel Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Tungsten High Speed Steel Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Tungsten High Speed Steel Forecasted Market Size by Region
7.2.1 Asia-Pacific Tungsten High Speed Steel Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Tungsten High Speed Steel Sales in Value by Region (2024-2029)
8 Latin America Tungsten High Speed Steel by Country
8.1 Latin America Tungsten High Speed Steel Historic Market Size by Country
8.1.1 Latin America Tungsten High Speed Steel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Tungsten High Speed Steel Sales in Volume by Country (2018-2023)
8.1.3 Latin America Tungsten High Speed Steel Sales in Value by Country (2018-2023)
8.2 Latin America Tungsten High Speed Steel Forecasted Market Size by Country
8.2.1 Latin America Tungsten High Speed Steel Sales in Volume by Country (2024-2029)
8.2.2 Latin America Tungsten High Speed Steel Sales in Value by Country (2024-2029)
9 Middle East and Africa Tungsten High Speed Steel by Country
9.1 Middle East and Africa Tungsten High Speed Steel Historic Market Size by Country
9.1.1 Middle East and Africa Tungsten High Speed Steel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Tungsten High Speed Steel Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Tungsten High Speed Steel Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Tungsten High Speed Steel Forecasted Market Size by Country
9.2.1 Middle East and Africa Tungsten High Speed Steel Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Tungsten High Speed Steel Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 HEYE Special Steel
10.1.1 HEYE Special Steel Company Information
10.1.2 HEYE Special Steel Introduction and Business Overview
10.1.3 HEYE Special Steel Tungsten High Speed Steel Sales, Revenue and Gross Margin (2018-2023)
10.1.4 HEYE Special Steel Tungsten High Speed Steel Products Offered
10.1.5 HEYE Special Steel Recent Development
10.2 Fuda Special Steel
10.2.1 Fuda Special Steel Company Information
10.2.2 Fuda Special Steel Introduction and Business Overview
10.2.3 Fuda Special Steel Tungsten High Speed Steel Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Fuda Special Steel Tungsten High Speed Steel Products Offered
10.2.5 Fuda Special Steel Recent Development
10.3 Tiangong International
10.3.1 Tiangong International Company Information
10.3.2 Tiangong International Introduction and Business Overview
10.3.3 Tiangong International Tungsten High Speed Steel Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Tiangong International Tungsten High Speed Steel Products Offered
10.3.5 Tiangong International Recent Development
10.4 Baowu
10.4.1 Baowu Company Information
10.4.2 Baowu Introduction and Business Overview
10.4.3 Baowu Tungsten High Speed Steel Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Baowu Tungsten High Speed Steel Products Offered
10.4.5 Baowu Recent Development
10.5 Dongbei Special Steel
10.5.1 Dongbei Special Steel Company Information
10.5.2 Dongbei Special Steel Introduction and Business Overview
10.5.3 Dongbei Special Steel Tungsten High Speed Steel Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Dongbei Special Steel Tungsten High Speed Steel Products Offered
10.5.5 Dongbei Special Steel Recent Development
10.6 Carpenter Technology Corporation
10.6.1 Carpenter Technology Corporation Company Information
10.6.2 Carpenter Technology Corporation Introduction and Business Overview
10.6.3 Carpenter Technology Corporation Tungsten High Speed Steel Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Carpenter Technology Corporation Tungsten High Speed Steel Products Offered
10.6.5 Carpenter Technology Corporation Recent Development
10.7 Erasteel
10.7.1 Erasteel Company Information
10.7.2 Erasteel Introduction and Business Overview
10.7.3 Erasteel Tungsten High Speed Steel Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Erasteel Tungsten High Speed Steel Products Offered
10.7.5 Erasteel Recent Development
10.8 Bohler
10.8.1 Bohler Company Information
10.8.2 Bohler Introduction and Business Overview
10.8.3 Bohler Tungsten High Speed Steel Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Bohler Tungsten High Speed Steel Products Offered
10.8.5 Bohler Recent Development
10.9 Hitachi
10.9.1 Hitachi Company Information
10.9.2 Hitachi Introduction and Business Overview
10.9.3 Hitachi Tungsten High Speed Steel Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Hitachi Tungsten High Speed Steel Products Offered
10.9.5 Hitachi Recent Development
10.10 Nachi
10.10.1 Nachi Company Information
10.10.2 Nachi Introduction and Business Overview
10.10.3 Nachi Tungsten High Speed Steel Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Nachi Tungsten High Speed Steel Products Offered
10.10.5 Nachi Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Tungsten 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 Tungsten High Speed Steel Industrial Chain Analysis
11.4 Tungsten High Speed Steel Market Dynamics
11.4.1 Tungsten High Speed Steel Industry Trends
11.4.2 Tungsten High Speed Steel Market Drivers
11.4.3 Tungsten High Speed Steel Market Challenges
11.4.4 Tungsten High Speed Steel Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Tungsten High Speed Steel Distributors
12.3 Tungsten 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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