高速钢市场规模、份额及成长分析（依等级、应用、工业终端用户及地区划分）－2026-2033年产业预测

预计到 2024 年，全球高速钢 (HSS) 市场规模将达到 33.2 亿美元，到 2025 年将达到 35.5 亿美元，到 2033 年将达到 61 亿美元，预测期（2026-2033 年）的复合年增长率为 7%。

受汽车、航太、工业製造和金属加工等产业需求成长的推动，全球高速钢（HSS）市场持续稳定扩张。高速钢以其优异的硬度、耐磨性和耐热性而闻名，是钻头和铣床等各种切​​削刀具的理想选择。精密工程和数控加工技术的进步推动了对能够承受高速加工和高温挑战的高性能材料的需求。粉末冶金技术和合金成分的创新提高了高速钢的韧性和效率，使其与硬质合金产品的竞争力日益增强。汽车产业，尤其是在新兴市场，由于对本地生产和先进加工技术的投资增加，正在推动市场需求。亚太地区引领市场，其次是北美和欧洲，这主要得益于自动化程度的提高和更短的换刀週期。

全球高速钢市场驱动因素

全球对高速钢 (HSS) 的需求主要源于其在汽车、航太、工业工具和一般製造业等各个领域的日益广泛的应用。由于其卓越的硬度、耐热性和高温耐久性，高速钢是製造钻头、丝锥、铣刀、锯片和齿轮刀具等切削工具的首选材料。对高精度切割、冲压和零件製造的持续需求，尤其是在汽车动力传动系统、飞机引擎和重型机械领域，正在推动全球高速钢消费量的成长。此外，金属加工和数控加工的扩张，尤其是在新兴市场，也进一步推动了对高速钢等可靠且经济高效的切削材料的需求。

限制全球高速钢市场的因素

全球高速钢 (HSS) 市场面临其他切削刀具（例如硬质合金、陶瓷和金属陶瓷材料）日益激烈的竞争。这些替代材料具有更优异的耐磨性和更高的切削速度，适用于特定应用。高速精密加工应用，尤其是在电子和航太产业，由于硬质合金刀具具有更长的使用寿命和更高的生产效率，儘管其製造成本较高，但仍更倾向于使用硬质合金刀具。这种需求的转变，尤其是在已开发市场，阻碍了高速钢刀具在大量生产加工过程中的广泛应用，进一步抑制了高速钢市场的成长。

全球高速钢（HSS）市场趋势

全球高速钢（HSS）市场正呈现出显着的永续性趋势，循环经济模式的重要性日益凸显。製造商优先考虑可重复锐化的高速钢刀具，注重成本效益和资源节约。这种转变催生了创新多寿命刀具管理系统的出现，尤其是在欧洲和北美地区，这些系统可重复使用、可重复研磨和重新涂层。对高效加工製程日益增长的需求，尤其是在中大批量生产中，进一步凸显了业界对永续实践的承诺，并将高速钢定位为未来製造业的关键组成部分。

目录

介绍

• 调查目标
• 调查范围
• 定义

调查方法

• 资讯收集
• 二手资料和一手资料方法
• 市场规模预测
• 市场假设与限制

执行摘要

• 全球市场展望
• 供需趋势分析
• 细分市场机会分析

市场动态与展望

• 市场规模
• 市场动态
  • 驱动因素和机会
  • 限制与挑战
• 波特分析

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（2025）
• 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

全球高速钢市场规模（依等级划分）及复合年增长率（2026-2033 年）

• 钼
• 钨
• 钴
• 钒

全球高速钢市场规模（依应用领域划分）及复合年增长率（2026-2033 年）

• 切削刀具
• 采矿和施工机械
• 汽车零件
• 航太/国防
• 医疗设备

全球高速钢市场规模（按产业、最终用户和复合年增长率划分）（2026-2033 年）

• 车
• 建造
• 加工
• 机械设备製造
• 矿业

全球高速钢市场规模及复合年增长率（2026-2033）

• 北美洲
  • 美国
  • 加拿大
• 欧洲
  • 德国
  • 西班牙
  • 法国
  • 英国
  • 义大利
  • 其他欧洲地区
• 亚太地区
  • 中国
  • 印度
  • 日本
  • 韩国
  • 亚太其他地区
• 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
• 主要企业的市场定位（2025 年）
• 主要市场参与者所采取的策略
• 近期市场趋势
• 公司市占率分析（2025 年）
• 主要企业公司简介
  • 公司详情
  • 产品系列分析
  • 依业务板块进行公司股票分析
  • 2023-2025年营收年比比较

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）

结论与建议

Global High Speed Steel Market size was valued at USD 3.32 Billion in 2024 and is poised to grow from USD 3.55 Billion in 2025 to USD 6.1 Billion by 2033, growing at a CAGR of 7% during the forecast period (2026-2033).

The global high-speed steel (HSS) market is experiencing robust expansion, fueled by heightened demand in automotive, aerospace, industrial manufacturing, and metalworking industries. Renowned for its superior hardness, wear resistance, and heat tolerance, HSS is a preferred choice for various cutting tools including drills and milling cutters. The rise of precision engineering and CNC machining is boosting the need for high-performance materials capable of enduring high-speed operations and thermal challenges. Innovations in powder metallurgy and alloy composition are enhancing HSS's toughness and efficiency, making it increasingly competitive against carbide options. The automotive sector, particularly in emerging markets, drives demand as investments in localized production and advanced machining practices grow. Asia-Pacific leads the market, with North America and Europe following closely, propelled 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 demand for high-speed steel (HSS) is primarily driven by its increasing usage in various sectors, including automotive, aerospace, industrial tooling, and general manufacturing. HSS is highly favored for producing cutting tools such as drills, taps, milling cutters, saw blades, and gear tools due to its exceptional hardness, thermal resistance, and durability under high temperatures. The consistent need for high precision cutting, die cutting, and component manufacturing-especially in automotive powertrains, aircraft engines, and heavy machinery-continues to boost HSS consumption worldwide. Additionally, the growth of metalworking and CNC machining operations, particularly in emerging markets, is further enhancing the demand for reliable and cost-efficient 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 increased competition from alternative cutting tools such as cemented carbide, ceramics, and cermets. These alternatives offer superior wear resistance and enhanced cutting speeds suited for specific applications. In sectors requiring high-speed, precision machining, particularly within electronics and aerospace, carbide tools are preferred for their longer tool life and improved productivity, despite their higher production costs. This shift in demand, particularly in developed markets, is inhibiting the widespread application of HSS tools in mass volume machining processes, further constraining the growth of the HSS market.

Market Trends of the Global High Speed Steel Market

The Global High-Speed Steel (HSS) market is witnessing a notable trend towards sustainability, driven by the increasing emphasis on circular economy models. Manufacturers are increasingly prioritizing HSS tools that feature enhanced regrindability, enabling a focus on cost-effectiveness and resource conservation. This shift has led to the emergence of innovative multi-life regrinding and recoating tool management systems, which are gaining traction, particularly in Europe and North America. The rise in demand for efficient machining processes, especially for medium to large batch sizes, further underscores the industry's commitment to sustainable practices, positioning HSS as a critical component in the future of manufacturing.

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, 2025
• 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 (2026-2033)

• Market Overview
• Molybdenum
• Tungsten
• Cobalt
• Vanadium

Global High Speed Steel Market Size by Application & CAGR (2026-2033)

• 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 (2026-2033)

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

Global High Speed Steel Market Size & CAGR (2026-2033)

• 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, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2023-2025)

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