高速钢市场规模、份额、成长分析（按等级、应用、工业终端用户和地区）- 产业预测（2025-2032）

预计 2023 年全球高速钢市场价值将达到 31 亿美元，并从 2024 年的 33.2 亿美元增长到 2032 年的 57 亿美元，预测期内（2025-2032 年）的复合年增长率为 7.0%。

全球高速钢 (HSS) 市场正在经历显着成长，这得益于汽车、航太、工业製造和金属加工等关键产业需求的不断增长。 HSS 卓越的硬度和耐热性使其成为钻头和铣刀等切削工具的理想选择。精密工程和数控加工製程的快速扩张推动了对能够承受高速加工和热应力的高性能材料的需求。粉末冶金和合金配方的创新提高了 HSS 的韧性和切削效率，使其在成本敏感市场中比硬质合金替代品更具优势。在本地生产和先进加工投资的支持下，汽车产业，尤其是新兴地区的汽车产业，对需求做出了重大贡献。亚太地区仍然是关键地区，而北美和欧洲由于自动化程度的提高和换刀週期的缩短也呈现稳定成长。

目录

介绍

• 调查目标
• 调查范围
• 定义

调查方法

• 资讯收集
• 二次资料和一次资料方法
• 市场规模预测
• 市场假设与约束

执行摘要

• 全球市场展望
• 供需趋势分析
• 细分机会分析

市场动态与展望

• 市场概览
• 市场规模
• 市场动态
  • 驱动因素和机会
  • 限制与挑战
• 波特的分析

关键市场考察

• 关键成功因素
• 竞争程度
• 关键投资机会
• 市场生态系统
• 市场吸引力指数（2024年）
• PESTEL分析
• 总体经济指标
• 价值链分析
• 定价分析
• 技术分析
• 案例研究
• 顾客购买行为分析

高速钢市场规模（依等级划分）及复合年增长率（2025-2032）

• 市场概览
• 钼
• 钨
• 钴
• 钒

高速钢市场规模：依应用与复合年增长率（2025-2032）

• 市场概览
• 切削工具
• 采矿和施工机械
• 汽车零件
• 航太和国防
• 医疗设备

高速钢市场规模（依产业最终用户划分）及复合年增长率（2025-2032）

• 市场概览
• 车
• 建造
• 製造业
• 机械设备製造业
• 矿业

高速钢市场规模：依地区及复合年增长率（2025-2032）

• 北美洲
  • 美国
  • 加拿大
• 欧洲
  • 德国
  • 西班牙
  • 法国
  • 英国
  • 义大利
  • 其他欧洲国家地区
• 亚太地区
  • 中国
  • 印度
  • 日本
  • 韩国
  • 其他亚太地区
• 拉丁美洲
  • 巴西
  • 其他拉丁美洲地区
• 中东和非洲
  • 海湾合作委员会国家
  • 南非
  • 其他中东和非洲地区

竞争资讯

• 前五大公司对比
• 主要企业市场定位（2024年）
• 主要市场参与者所采取的策略
• 近期市场趋势
• 公司市场占有率分析（2024年）
• 主要企业简介
  • 公司详情
  • 产品系列分析
  • 按部门分類的公司份额分析
  • 收益同比对比（2022-2024 年）

主要企业简介

• Voestalpine High Performance Metals GmbH（Austria）
• Hitachi Metals Ltd.（Japan）
• Nachi-Fujikoshi Corp.（Japan）
• Sandvik AB（Sweden）
• Daido Steel Co., Ltd.（Japan）
• Kennametal Inc.（USA）
• Tiangong International Co., Ltd.（China）
• Heye Special Steel Co., Ltd.（China）
• Carpenter Technology Corporation（USA）
• Bohler-Uddeholm Corporation（Austria）
• EdgeForge Materials（USA）
• CutProMetals GmbH（Germany）

结论和建议

Global High Speed Steel Market size was valued at USD 3.1 billion in 2023 and is poised to grow from USD 3.32 billion in 2024 to USD 5.7 billion by 2032, growing at a CAGR of 7.0% during the forecast period (2025-2032).

The global high-speed steel (HSS) market is experiencing notable growth fueled by increasing demand from key sectors such as automotive, aerospace, industrial manufacturing, and metalworking. HSS's superior hardness and heat resistance make it ideal for cutting tools, including drills and milling cutters. The surge in precision engineering and CNC machining processes is elevating the need for high-performance materials able to endure high-speed operations and thermal stress. Innovations in powder metallurgy and alloy formulations are enhancing the toughness and cutting efficiency of HSS, positioning it favorably against carbide alternatives in cost-sensitive markets. The automotive industry, especially in emerging regions, is a significant contributor to demand, supported by investments in localized production and advanced machining. Asia-Pacific remains the leading region, while North America and Europe see stable growth driven by automation and increased tool replacement cycles.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global High Speed Steel market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global High Speed Steel Market Segments Analysis

Global High Speed Steel Market is segmented by Grade, Application, Industrial End User and region. Based on Grade, the market is segmented into Molybdenum, Tungsten, Cobalt and Vanadium. Based on Application, the market is segmented into Cutting Tools, Mining and Construction Equipment, Automotive Components, Aerospace and Defense and Medical Devices. Based on Industrial End User, the market is segmented into Automotive, Construction, Fabrication, Machinery and Equipment Manufacturing and Mining. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global High Speed Steel Market

The global high-speed steel market is significantly propelled by the increasing demand from various sectors, including automotive, aerospace, industrial tooling, and general manufacturing. High-speed steel is widely utilized in the production of cutting tools such as drills, taps, milling cutters, saw blades, and gear tools due to its outstanding properties, including exceptional hardness, thermal resistance, and durability under high temperatures. The growth in high-precision cutting, die cutting, and component manufacturing, particularly for automotive powertrains, aircraft engines, and heavy machinery, is leading to sustained consumption of HSS tools. Additionally, the rise of metalworking and CNC machine shops in developing regions is further driving the need for efficient, durable cutting materials like high-speed steel.

Restraints in the Global High Speed Steel Market

The Global High Speed Steel (HSS) market is encountering significant challenges due to increasing competition from alternative cutting materials such as cemented carbide, ceramics, and cermets, which offer superior wear resistance and cutting efficiency for specific applications. In high-speed, precision machining sectors, particularly in electronics and aerospace, carbide tools are often preferred due to their enhanced tool life and productivity, despite their higher production costs. This shift in demand is particularly evident in advanced markets, where the adoption of HSS tools in mass machining processes is being curtailed, impacting the overall growth and application of HSS tools in these regions.

Market Trends of the Global High Speed Steel Market

The Global High-Speed Steel (HSS) market is witnessing a significant trend towards sustainability and cost efficiency, driven by a growing emphasis on circular economy models. Manufacturers are increasingly focusing on the regrindability of HSS tools, promoting their longevity through multi-life regrinding and recoating management systems. This shift is particularly pronounced in Europe and North America, where the demand for efficient machining solutions for medium to large batch sizes is rising. As industries prioritize eco-friendly practices, the implementation of these regrinding technologies not only extends the lifecycle of HSS tools but also aligns with broader sustainability goals and cost-saving measures.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Technology Analysis
• Case Studies
• Customer Buying Behavior Analysis

Global High Speed Steel Market Size by Grade & CAGR (2025-2032)

• Market Overview
• Molybdenum
• Tungsten
• Cobalt
• Vanadium

Global High Speed Steel Market Size by Application & CAGR (2025-2032)

• Market Overview
• Cutting Tools
• Mining and Construction Equipment
• Automotive Components
• Aerospace and Defense
• Medical Devices

Global High Speed Steel Market Size by Industrial End User & CAGR (2025-2032)

• Market Overview
• Automotive
• Construction
• Fabrication
• Machinery and Equipment Manufacturing
• Mining

Global High Speed Steel Market Size & CAGR (2025-2032)

• North America (Grade, Application, Industrial End User)
  • US
  • Canada
• Europe (Grade, Application, Industrial End User)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Grade, Application, Industrial End User)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Grade, Application, Industrial End User)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Grade, Application, Industrial End User)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• Voestalpine High Performance Metals GmbH (Austria)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hitachi Metals Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nachi-Fujikoshi Corp. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sandvik AB (Sweden)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Daido Steel Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kennametal Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Tiangong International Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Heye Special Steel Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Carpenter Technology Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Bohler-Uddeholm Corporation (Austria)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• EdgeForge Materials (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• CutProMetals GmbH (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations