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市场调查报告书
商品编码
1720462

高速钢市场报告:趋势、预测与竞争分析(至2031年)

High Speed Steel Market Report: Trends, Forecast and Competitive Analysis to 2031

出版日期: | 出版商: Lucintel | 英文 150 Pages | 商品交期: 3个工作天内

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简介目录

全球高速钢市场前景广阔,预计汽车、製造、航太、机械工程和建筑市场将迎来机会。预计到 2031 年,全球高速钢市场规模将达到 33 亿美元,2025 年至 2031 年的复合年增长率为 6.3%。该市场的主要驱动力是製造业和建设产业对这种钢材的需求不断增加,以及全球基础设施开发计划的数量不断增加。

  • 根据Lucintel的预测,由于钼具有优越的耐磨性、高温强度和硬度,预计在预测期内成长率最高。
  • 根据最终用途,由于製造汽车零件对高速钢的需求不断增加,预计汽车产业将出现最高成长。
  • 从地区来看,预计北美将在预测期内实现最高成长,这得益于显着的经济成长、政府对高速钢的投资增加以及该地区主要企业的存在。

高速钢市场的策略性成长机会

高速钢市场正在快速发展,关键应用领域出现了多个策略性成长机会。其中包括不断发展的技术平台和许多行业领域对高性能工具日益增长的需求。

  • 航太:航太工业是最重要的领域,由于需要能够承受恶劣条件的高性能切割工具,因此对高速钢具有最大的成长潜力。高速钢等级和涂层的创新正在提高航太製造设备的精度和韧性,从而增加该行业的需求。
  • 汽车製造:汽车产业越来越多地采用先进材料和製造技术,为高速钢的使用带来了机会。生产复杂零件需要高品质的切削工具,而这一领域是製造商希望透过提供此类工具来发展业务的主要驱动力之一。
  • 能源领域:石油、天然气和可再生能源开采需要强大的 HSS 钻头和工具来加工硬质材料。高速钢 (HSS) 现代化可以透过提高严苛操作条件下的刀具寿命和性能来满足这些要求。
  • 医疗设备製造:快速成长的医疗设备产业为高速钢带来了机会,因为需要使用精密切削工具来製造复杂的零件。利用具有改进性能和涂层的高速钢的製造流程可确保提高医疗设备的品质、可靠性和性能。
  • 积层製造工具:积层製造 (AM) 领域(也称为 3D 列印)的快速发展正在推动对 HSS 加工以生产复杂金属零件的需求。先进高速钢种的开发为此技术的采用铺平了道路。

这些成长机会凸显了高速钢在各行业的应用不断扩大,这得益于技术进步和对高性能工具的需求不断增加。

高速钢市场驱动因素与挑战

高速钢 (HSS) 产业受到各种驱动因素​​和挑战的影响,包括技术创新、经济因素和监管考量。了解这些因素对于驾驭市场和抓住机会至关重要。

推动高速钢市场发展的因素有:

  • 技术进步:合金成分和製造流程的进步推动了更高性能高速钢的改进,包括提高刀俱生命週期效率,从而增加了多个行业的需求。
  • 扩大工业应用:汽车、航太和能源等各行业对可靠工具的需求正在增加,从而推动了高速钢市场的成长。这些产业需要耐用、高性能的工具,对新型高速钢产生了需求。
  • 注重永续性:永续生产方法,例如永续能源使用和回收利用,越来越受欢迎。因此,HSS 产品的效用加上环保的製造方法使其对具有环保意识的客户更具吸引力。
  • 增加研发投入:高速钢技术的持续研发投入正在催生新的钢材等级和应用。这项投资将确保强大的竞争地位,以满足不断变化的行业需求。
  • 精密工具的需求:随着工业流程和零件变得越来越复杂,使用高精度工具变得越来越必要。因此,高速钢经历了重大发展,以满足工具和成型等精密製造应用日益增长的需求。

高速钢市场面临的挑战是:

  • 製造成本高:由于原料成本和先进的製造技术,高品质高速钢的生产成本很高。这些成本会影响您的定价和市场竞争力。
  • 供应链中断:全球供应链问题,例如原材料短缺和运输延误,可能会影响 HSS 的可用性和成本。这些中断可能会导致生产延迟和成本增加。
  • 环境法规:严格限制的环境法可能会对这些材料的生产者构成挑战。要遵守这些法律,就需要对更清洁的技术进行资本投资,这会增加我们的营运成本,特别是因为一些设施受到更严格的排放限制。

总体而言,推动高速钢产业发展的动力以及面临的挑战将继续塑造该产业。技术突破和市场需求呼唤创新和进步。

目录

第一章执行摘要

第二章 全球高速钢市场:市场动态

  • 简介、背景和分类
  • 供应链
  • 产业驱动力与挑战

第三章市场趋势与预测分析(2019-2031)

  • 宏观经济趋势(2019-2024)及预测(2025-2031)
  • 全球高速钢市场趋势(2019-2024年)及预测(2025-2031年)
  • 全球高速钢市场(按类型)
    • 钨高速钢
    • 钼高速钢
    • 钴高速钢
    • 其他的
  • 全球高速钢市场(依生产方式)
    • 传统高速钢
    • 粉末冶金(PM)高速钢
    • 喷射成型(SF)高速钢
  • 全球高速钢市场(依等级)
    • M级
    • T级
    • 进阶
  • 全球高速钢市场(依最终用途)
    • 製造业
    • 航太
    • 机械工业
    • 建造
    • 其他的

第四章区域市场趋势与预测分析(2019-2031)

  • 全球高速钢市场(按地区)
  • 北美高速钢市场
  • 欧洲高速钢市场
  • 亚太高速钢市场
  • 世界其他地区高速钢市场

第五章 竞争分析

  • 产品系列分析
  • 营运整合
  • 波特五力分析

第六章 成长机会与策略分析

  • 成长机会分析
    • 全球高速钢市场成长机会(按类型)
    • 全球高速钢市场依生产方式分類的成长机会
    • 全球高速钢市场按等级分類的成长机会
    • 全球高速钢市场成长机会(依最终用途划分)
    • 全球高速钢市场各区域成长机会
  • 全球高速钢市场新趋势
  • 战略分析
    • 新产品开发
    • 全球高速钢市场产能不断增加
    • 全球高速钢市场的企业合併
    • 认证和许可

第七章主要企业简介

  • ArcelorMittal
  • Amada
  • Sandvik
  • NIPPON KOSHUHA STEEL
  • RUKO
  • Kyocera
  • Walter
  • Kennametal
  • Proterial
  • OSG
简介目录

The future of the global high speed steel market looks promising with opportunities in the automotive, manufacturing, aerospace, mechanical engineering, and construction markets. The global high speed steel market is expected to reach an estimated $3.3 billion by 2031 with a CAGR of 6.3% from 2025 to 2031. The major drivers for this market are the increasing demand for this steel in the manufacturing and construction industries and the rise in infrastructure development projects worldwide.

  • Lucintel forecasts that, within the type category, molybdenum is expected to witness the highest growth over the forecast period due to its excellent wear resistance, high-temperature strength, and hardness.
  • Within the end use category, automotive is expected to witness the highest growth due to rising demand for high speed steel from this industry for production of automotive components.
  • In terms of regions, North America is expected to witness the highest growth over the forecast period due to substantial economic growth, increased government investments in high-speed steel, and the presence of key players in the region.

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Emerging Trends in the High Speed Steel Market

The high-speed steel industry is currently undergoing a number of transformative trends that have significantly altered its landscape. These trends are driven by technological advancements and changing consumer preferences, all aimed at improving performance, sustainability, and cost-effectiveness.

  • Advanced Alloy Compositions: The use of tungsten, molybdenum, and cobalt has increased in innovations involving alloying elements used to produce HSS. This allows for a higher level of hardness, increased wear resistance, and improved thermal stability, making tools last longer and become more efficient in high-speed operations.
  • Powder Metallurgy: The adoption of powder metallurgical processes has been increasing, making it possible to produce ultra-fine-grained HSS with high density. This process offers exceptional mechanical properties, such as uniformity, leading to the production of cutting tools with better quality and a longer service lifespan.
  • Eco-friendly Production: Attention has shifted towards sustainable development among firms producing HSS worldwide. Efforts include energy-saving activities such as emissions reduction and expanded recycling of HSS scrap metal, which helps reduce the ecological footprint associated with manufacturing these products and aligns with global sustainability principles.
  • Advanced Coating Technologies: The performance of HSS tools is being enhanced through advanced coating technologies, such as physical vapor deposition (PVD) and chemical vapor deposition (CVD). These coatings offer improved resistance to heat, wear, and corrosion, thus prolonging the lifespan of tools and enhancing cutting efficiency.
  • Digital Integration: The design and manufacturing of HSS are being revolutionized through digital integration, which includes artificial intelligence (AI) and machine learning. Precision control over production processes supported by these technologies optimizes material properties, ensuring consistent quality that enhances performance and reduces costs.

These are some significant changes taking place in the HSS industry, aimed at enhancing performance, reducing environmental impact, and increasing efficiency. A focus on advanced technology and ecological and economic approaches can determine new levels of high-speed steel use.

Recent Developments in the High Speed Steel Market

High-speed steels have undergone significant advancements recently due to innovations in material science, specific requirements, and various manufacturing processes used in their fabrication. These developments involve composite modifications, progress in production techniques, and eco-friendly trends toward sustainability, all explicitly intended to enhance the capability, competency, and green footprint of HSS for diverse industrial uses.

  • Enhanced Alloy Compositions: The hardness and wear resistance of new HSS grades have been improved through the employment of more complex alloy compositions, including higher contents of tungsten or molybdenum. These materials allow for higher tool speeds at increased temperatures, making tools last longer while improving cutting efficiency.
  • Powder Metallurgy Innovations: Advances in powder metallurgical methods have created high-density high-speed steel with improved mechanical properties. This process results in a uniform microstructure and superior performance, making tools more reliable and efficient under heavy-duty loads.
  • Eco-Friendly Production Methods: The shift toward sustainable methods of producing high-speed steel is becoming more popular. This encompasses energy-efficient manufacturing techniques, reduced emissions, and greater recycling of HSS scrap. The aim is to minimize the environmental impact caused by HSS manufacturing.
  • Advanced Coating Technologies: PVD and CVD are some of the advanced coating methods that can be employed on HSS to enhance their performance characteristics. These coatings are developed to exhibit better resistance against heat, wear, and corrosion, resulting in prolonged tool life and improved cutting ability.
  • Digital Manufacturing Techniques: The integration of digital technologies like artificial intelligence (AI) and machine learning allows for optimizing the design and production of HSS. These technologies ensure precise control over material properties and production processes, resulting in superior-quality, cost-effective HSS products.

These developments are driving the evolution of HSS toward increased efficiency, durability, and sustainability, thereby meeting the rising demands of various industries.

Strategic Growth Opportunities for High Speed Steel Market

The high-speed steel market is developing with several strategic growth opportunities emerging across key applications. These include evolving technology platforms and the increasing demand for high-performance tools in many industrial segments.

  • Aerospace Industry: The aerospace industry represents the most important segment, where growth prospects for HSS are significant due to the need for high-performance cutting tools capable of withstanding extreme conditions. Innovations in HSS grades, along with coatings, improve the precision and toughness of aerospace manufacturing equipment, leading to an increase in demand in this industry.
  • Automotive Manufacturing: The automotive industry's move toward the adoption of advanced materials and manufacturing approaches promotes opportunities for the use of HSS. The manufacture of complex components necessitates high-quality cutting tools, making this field one of the main drivers for manufacturers looking to grow their businesses by supplying such tools.
  • Energy Sector: The extraction of oil, gas, or renewable energy requires strong HSS drills and tools to machine hard materials. Modernizations in high-speed steels (HSS) can meet these requirements by improving tool life and performance under severe operating conditions.
  • Medical Device Production: The rapidly growing medical device sector offers an opportunity for HSS due to the need for precision cutting tools used in producing complex components. The production process that utilizes HSS with improved properties and coatings ensures that medical devices are enhanced for better quality, reliability, and performance.
  • Tooling for Additive Manufacturing: The rapidly growing field of additive manufacturing (AM), also known as 3D printing, raises demand for HSS machining that can handle complex metal component construction. The development of advanced HSS grades has opened avenues for the adoption of this technology.

These growth opportunities highlight the expanding applications of HSS across various industries, driven by advancements in technology and increasing demand for high-performance tools.

High Speed Steel Market Driver and Challenges

The high-speed steel (HSS) industry is influenced by various drivers and challenges, which include technological innovations, economic factors, and regulatory considerations. Understanding these factors is crucial for navigating the market and capitalizing on opportunities.

The factors responsible for driving the high-speed steel market include:

  • Technological Advancements: Advances in alloy composition and manufacturing processes are driving improvements in higher-performance forms of HSS, including improvements in tool life-cycle efficiency, thus increasing demand from multiple industries.
  • Growing Industrial Applications: Demand for reliable tools has been increasing across several industries, including the automotive, aerospace, and energy sectors, driving the growth of the HSS market. These sectors require durable, high-performance instruments, creating demand for new varieties of high-speed steels.
  • Focus on Sustainability: Sustainable manufacturing practices, such as sustainable energy use and recycling, are gaining popularity. As a result, the utility of HSS products is becoming more attractive to environmentally conscious customers, in line with eco-friendly production methods.
  • Rising Investment in R&D: Continuous research and development (R&D) investments in HSS technology are leading to new grades and applications. This investment ensures strong competitive positioning to meet changing industrial requirements.
  • Demand for Precision Tools: The increasing complexity of industrial processes and components necessitates the use of high-precision tools. Consequently, high-speed steels have undergone significant advancements to cater to the surge in demand from precision manufacturing sectors such as tooling and molding.

Challenges in the high-speed steel market include:

  • High Production Costs: Producing high-quality HSS is costly due to raw material costs and the advanced manufacturing techniques used. These costs can affect both pricing decisions and competitiveness in the market.
  • Supply Chain Disruptions: Global supply chain issues, including raw material shortages and transportation delays, can affect the availability and cost of HSS. These disruptions can lead to production delays and increased costs.
  • Environmental Regulations: Environmental laws with stringent rules can be challenging for producers of these materials. Adherence to these laws requires capital investment in cleaner technologies, which leads to higher operating costs, especially due to tougher discharge limits imposed by some facilities.

Overall, the drivers acting on the HSS industry, along with its challenges, continue to shape it. Technological breakthroughs and market requirements are calling for innovation and progress.

List of High Speed Steel Companies

Companies in the market compete based on product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies high speed steel companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the high speed steel companies profiled in this report include-

  • ArcelorMittal
  • Amada
  • Sandvik
  • NIPPON KOSHUHA STEEL
  • RUKO
  • Kyocera
  • Walter
  • Kennametal
  • Proterial
  • OSG

High Speed Steel by Segment

The study includes a forecast for the global high speed steel market by type, production method, grade, end use, and region.

High Speed Steel Market by Type [Analysis by Value from 2019 to 2031]:

  • Tungsten High Speed Steel
  • Molybdenum High Speed Steel
  • Cobalt High Speed Steel
  • Others

High Speed Steel Market by Production Method [Analysis by Value from 2019 to 2031]:

  • Conventional High Speed Steel
  • Powder Metallurgy (PM) High Speed Steel
  • Spray Forming (SF) High Speed Steel

High Speed Steel Market by Grade [Analysis by Value from 2019 to 2031]:

  • M Grade
  • T Grade
  • Advance Grade

High Speed Steel Market by End Use [Analysis by Value from 2019 to 2031]:

  • Automotive
  • Manufacturing
  • Aerospace
  • Mechanical Engineering
  • Construction
  • Others

High Speed Steel Market by Region [Analysis by Value from 2019 to 2031]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

Country Wise Outlook for the High Speed Steel Market

Manufacturers use high-speed steel (HSS) because it does not lose hardness even at very high temperatures. Advanced features in performance and flexibility have been developed globally. The United States, China, Germany, India, and Japan are at the forefront of innovation, with their unique contributions shaping the future of HSS. These developments aim to improve productivity, tools' lifespan, and overall performance under extreme environments. Below is a summary of the latest information from each country.

  • United States: The U.S. has made great strides in improving alloy compositions for better HSS wear resistance and toughness. Researchers and manufacturers are concentrating on making advanced carbides more prevalent in heat treatment processes. Furthermore, there has been increased focus on environmentally friendly production techniques, such as recycling HSS scrap and reducing energy consumption during manufacture.
  • China: By investing significantly in new technologies and processes, China is advancing in high-quality HSS production. Notable advancements include the improvement of HSS using modern powder metallurgical techniques and the application of vanadium-rich alloys to the greatest extent possible. Such innovations will increase cutting efficiency while prolonging tool lifespan. Chinese companies are also extending research on coatings for HSS to enhance its temperature stability and abrasive wear resistance.
  • Germany: German work on HSS focuses on microstructural refinements for superior mechanical properties. The use of sophisticated simulation tools and highly accurate manufacturing methods has led to improved cutting performance and longer tool life. Additionally, prominent German companies employ digital technologies to improve quality control measures and optimize their production processes.
  • India: Cost-effective HSS manufacturing coupled with high-quality standards remains India's main focus. Recent developments include the introduction of enhanced machining oils that reduce import dependency and scaling up local manufacturing capacities. The country has boosted its competitiveness by creating unique grades of HSS targeting the automotive and aerospace industries.
  • Japan: Japan remains a leader in HSS innovation, focusing on enhancing stability and rigidity. Japanese researchers are working on new alloying elements and heat treatment techniques to improve tool life and performance. There is also a strong push for adopting artificial intelligence (AI) and machine learning in design and manufacturing processes to optimize HSS properties and performance.

Features of the Global High Speed Steel Market

Market Size Estimates: High speed steel market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.

Segmentation Analysis: High speed steel market size by various segments, such as by type, production method, grade, end use, and region in terms of value ($B).

Regional Analysis: High speed steel market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, production methods, grades, end uses, and regions for the high speed steel market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the high speed steel market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

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This report answers the following 11 key questions:

  • Q.1. What are some of the most promising, high-growth opportunities for the high speed steel market by type (tungsten high speed steel, molybdenum high speed steel, cobalt high speed steel, and others), production method (conventional high speed steel, powder metallurgy (PM) high speed steel, and spray forming (SF) high speed steel), grade (M grade, T grade, and advance grade), end use (automotive, manufacturing, aerospace, mechanical engineering, construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
  • Q.2. Which segments will grow at a faster pace and why?
  • Q.3. Which region will grow at a faster pace and why?
  • Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
  • Q.5. What are the business risks and competitive threats in this market?
  • Q.6. What are the emerging trends in this market and the reasons behind them?
  • Q.7. What are some of the changing demands of customers in the market?
  • Q.8. What are the new developments in the market? Which companies are leading these developments?
  • Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
  • Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
  • Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global High Speed Steel Market : Market Dynamics

  • 2.1: Introduction, Background, and Classifications
  • 2.2: Supply Chain
  • 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2019 to 2031

  • 3.1. Macroeconomic Trends (2019-2024) and Forecast (2025-2031)
  • 3.2. Global High Speed Steel Market Trends (2019-2024) and Forecast (2025-2031)
  • 3.3: Global High Speed Steel Market by Type
    • 3.3.1: Tungsten High Speed Steel
    • 3.3.2: Molybdenum High Speed Steel
    • 3.3.3: Cobalt High Speed Steel
    • 3.3.4: Others
  • 3.4: Global High Speed Steel Market by Production Method
    • 3.4.1: Conventional High Speed Steel
    • 3.4.2: Powder Metallurgy (PM) High Speed Steel
    • 3.4.3: Spray Forming (SF) High Speed Steel
  • 3.5: Global High Speed Steel Market by Grade
    • 3.5.1: M Grade
    • 3.5.2: T Grade
    • 3.5.3: Advance Grade
  • 3.6: Global High Speed Steel Market by End Use
    • 3.6.1: Automotive
    • 3.6.2: Manufacturing
    • 3.6.3: Aerospace
    • 3.6.4: Mechanical Engineering
    • 3.6.5: Construction
    • 3.6.6: Others

4. Market Trends and Forecast Analysis by Region from 2019 to 2031

  • 4.1: Global High Speed Steel Market by Region
  • 4.2: North American High Speed Steel Market
    • 4.2.1: North American Market by Type: Tungsten High Speed Steel, Molybdenum High Speed Steel, Cobalt High Speed Steel, and Others
    • 4.2.2: North American Market by End Use: Automotive, Manufacturing, Aerospace, Mechanical Engineering, Construction, and Others
  • 4.3: European High Speed Steel Market
    • 4.3.1: European Market by Type: Tungsten High Speed Steel, Molybdenum High Speed Steel, Cobalt High Speed Steel, and Others
    • 4.3.2: European Market by End Use: Automotive, Manufacturing, Aerospace, Mechanical Engineering, Construction, and Others
  • 4.4: APAC High Speed Steel Market
    • 4.4.1: APAC Market by Type: Tungsten High Speed Steel, Molybdenum High Speed Steel, Cobalt High Speed Steel, and Others
    • 4.4.2: APAC Market by End Use: Automotive, Manufacturing, Aerospace, Mechanical Engineering, Construction, and Others
  • 4.5: ROW High Speed Steel Market
    • 4.5.1: ROW Market by Type: Tungsten High Speed Steel, Molybdenum High Speed Steel, Cobalt High Speed Steel, and Others
    • 4.5.2: ROW Market by End Use: Automotive, Manufacturing, Aerospace, Mechanical Engineering, Construction, and Others

5. Competitor Analysis

  • 5.1: Product Portfolio Analysis
  • 5.2: Operational Integration
  • 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

  • 6.1: Growth Opportunity Analysis
    • 6.1.1: Growth Opportunities for the Global High Speed Steel Market by Type
    • 6.1.2: Growth Opportunities for the Global High Speed Steel Market by Production Method
    • 6.1.3: Growth Opportunities for the Global High Speed Steel Market by Grade
    • 6.1.4: Growth Opportunities for the Global High Speed Steel Market by End Use
    • 6.1.5: Growth Opportunities for the Global High Speed Steel Market by Region
  • 6.2: Emerging Trends in the Global High Speed Steel Market
  • 6.3: Strategic Analysis
    • 6.3.1: New Product Development
    • 6.3.2: Capacity Expansion of the Global High Speed Steel Market
    • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global High Speed Steel Market
    • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

  • 7.1: ArcelorMittal
  • 7.2: Amada
  • 7.3: Sandvik
  • 7.4: NIPPON KOSHUHA STEEL
  • 7.5: RUKO
  • 7.6: Kyocera
  • 7.7: Walter
  • 7.8: Kennametal
  • 7.9: Proterial
  • 7.10: OSG