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市场调查报告书
商品编码
1738808

工具钢市场:按材料、产品、应用和地区划分,2026-2032 年

Tool Steel Market By Material (Carbon, Alloy Steel, Chromium), Product (High Speed, Cold Work, Hot Work), Application (Automotive, Construction), & Region for 2026-2032

出版日期: | 出版商: Verified Market Research | 英文 202 Pages | 商品交期: 2-3个工作天内

价格
简介目录

2026-2032年工具钢市场评估

全球製造业对工具钢的需求成长预计将推动工业化、都市化和消费需求的成长。製造业活动的增加将带来对工具和设备,尤其是工具钢的巨大需求。预计2024年市场规模将超过54.3亿美元,到2032年将达到约85.8亿美元。

电脑辅助製造 (CAM) 和机器人等製造流程的进步,提高了工具复杂性和精度的要求。具有硬度、韧性和耐磨性等优异性能的工具钢对于满足此类严苛应用至关重要。对经济高效的工具钢的需求不断增长,推动市场在 2026 年至 2032 年期间的复合年增长率达到 6.50%。

工具钢市场定义/概述

工具钢是专门用于製造工具的碳钢和合金钢。这类钢以其硬度、耐磨性和在高温下保持锋利的能力而闻名。工具钢分为几类,包括冷作钢、热作钢、高速钢和抗衝击钢,每种类型都针对特定的工业应用而设计。工具钢通常用于製造模具、切割刀具、模具和其他需要高耐用性和高精度的机械零件。

随着製造技术的进步以及各行各业对高性能材料需求的不断增长,工具钢市场预计将持续扩张。随着汽车、航太和建筑等产业的发展,对耐用且高效的工具材料的需求也将持续成长,进而推动工具钢市场的发展。

自动化和精密生产趋势将推动新型工具钢品种的开发,这些钢品种具有更优异的品质,例如更高的耐磨性和可加工性。环境问题也推动该行业采用更永续的生产工艺,这将提高工具钢製造的回收率和材料效率。

蓬勃发展的汽车产业将如何推动工具钢市场的成长?

汽车产业的兴起预计将推动工具钢市场的成长。汽车产业仍将是工具钢的主要消费产业,全球汽车产量预计在2023年达到8,010万辆,与前一年同期比较%,这将直接推动对高品质工具钢的需求。高品质工具钢是生产高品质、耐用汽车零件(包括模具、冲模和切削刀具)所必需的材料。在技​​术进步和汽车需求成长的推动下,汽车产业的持续扩张凸显了工具钢在维持这一成长的重要性。

积层製造的日益普及预计将推动工具钢市场的发展。随着3D列印和积层製造技术的进步,对工具钢粉末的需求将持续成长,尤其是在金属3D列印应用领域。根据《沃勒斯2024年报告》,增材製造业务预计将在2023年增长18.2%,市场价值达到195亿美元,显示这些技术的重要性日益增强。这一成长为工具钢开闢了新的前景,它将成为透过积层製造生产高精度、耐用零件的关键要素,从而推动工具钢市场向前发展。

钢材价格波动会阻碍工具钢市场的成长吗?

钢铁成本波动会阻碍工具钢市场的成长。钢铁价格波动对工具钢——一种专用的高品质材料——有直接影响。钢铁价格上涨会导致工具钢的生产成本上升,进而推高汽车、航太和製造业等终端用户的价格。由于企业会寻找其他材料或推迟购买新製造设备,这可能导致工具钢需求下降。价格波动造成市场不确定性,使企业难以製定长期投资计划,从而抑制整个工具钢市场的成长。

环境立法可能会阻碍工具钢市场的扩张。製造工具钢需要能源密集作业,会排放大量二氧化碳和其他污染物。旨在减少工业排放和促进永续性严格的环境法规可能会提高工具钢的生产成本。为了遵守这些法规,企业可能需要投资更干净的技术或缴纳更高的税金和罚款,这可能会增加生产成本,进而推高消费价格。这种财务负担的增加可能会削弱工具钢的市场竞争力,并可能在企业寻求更环保和/或更具成本效益的替代品时减缓其成长。

目录

第一章 引言

  • 市场定义
  • 市场区隔
  • 调查方法

第二章执行摘要

  • 主要发现
  • 市场概览
  • 市集亮点

第三章市场概述

  • 市场规模和成长潜力
  • 市场趋势
  • 市场驱动因素
  • 市场限制
  • 市场机会
  • 波特五力分析

第四章工具钢市场:依材料

  • 碳钢
  • 合金钢

第五章工具钢市场:依产品

  • 高速
  • 冷加工
  • 热加工
  • 塑胶模具

第六章工具钢市场:依应用

  • 建造
  • 航太
  • 製造业

第七章区域分析

  • 北美洲
  • 美国
  • 加拿大
  • 墨西哥
  • 欧洲
  • 英国
  • 德国
  • 法国
  • 义大利
  • 亚太地区
  • 中国
  • 日本
  • 印度
  • 澳洲
  • 拉丁美洲
  • 巴西
  • 阿根廷
  • 智利
  • 中东和非洲
  • 南非
  • 沙乌地阿拉伯
  • 阿拉伯聯合大公国

第八章市场动态

  • 市场驱动因素
  • 市场限制
  • 市场机会
  • COVID-19 市场影响

第九章 竞争态势

  • 主要企业
  • 市场占有率分析

第十章 公司简介

  • SCHMOLZ+BICKENBACH
  • Voestalpine
  • Hitachi Metals, Ltd.
  • Tiangong International
  • Nachi-Fujikoshi Corp.
  • Samuel, Son & Co.
  • Sandvik Eramet
  • BOHLER
  • Buderus Edelstahl GmbH
  • Baosteel Group
  • Dongbei Special Steel Group Co.

第十一章 市场展望与机会

  • 新兴技术
  • 未来市场趋势
  • 投资机会

第十二章 附录

  • 简称列表
  • 来源和参考文献
简介目录
Product Code: 38576

Tool Steel Market Valuation - 2026-2032

The increase in demand for tool steel from the global manufacturing sector is projected to lead to industrialization, urbanization, and rising consumer demand. This increase in manufacturing activity results in a greater need for tools and equipment, especially tool steel. The market size surpass USD 5.43 Billion valued in 2024 to reach a valuation of around USD 8.58 Billion by 2032.

Technological advances in manufacturing processes, such as computer-aided manufacturing (CAM) and robotics, have raised the complexity and precision demands of tools. Tool steel, with its exceptional characteristics such as hardness, toughness, and wear resistance, is essential for meeting these demanding applications. The rising demand for cost-effective and efficient tool steel is enabling the market grow at a CAGR of 6.50% from 2026 to 2032.

Tool Steel Market: Definition/ Overview

Tool steel is a type of carbon and alloy steel designed specifically for toolmaking. These steels are noted for their hardness, abrasion resistance, and ability to maintain a cutting edge at high temperatures. Tool steel is divided into several categories, including cold-work, hot-work, high-speed, and shock-resisting steels, each designed for a specific industrial application. They are often used to make dies, cutting tools, molds, and other machinery components that require exceptional durability and precision.

Tool steel is expected to expand as manufacturing technologies progress and there is more demand for high-performance materials in a variety of industries. As industries such as automotive, aerospace, and construction grow, the demand for long-lasting and efficient tooling materials will increase, boosting the market for tool steel.

The trend toward automation and precision production is likely to drive the development of new tool steel grades with superior qualities, such as increased wear resistance and machinability. Environmental concerns are also pushing the industry to adopt more sustainable production processes, which could lead to breakthroughs in recycling and material efficiency in tool steel manufacturing.

How will the Booming Automotive Industry Drive the Growth of the Tool Steel Market?

The rise of the automotive industry is expected to boost the growth of the tool steel market. As the automotive sector continues to be a key consumer of tool steel, the increase in global motor vehicle production, which is expected to reach 80.1 million units in 2023-a 5.7% increase over the previous year-directly enhances the demand for high-quality tool steel. This is because tool steel is required for the production of quality and long-lasting automotive components, including dies, molds, and cutting tools. The continual expansion of the automotive sector, fueled by technological advancements and rising car demand, emphasizes the importance of tool steel in sustaining this growth.

The growing use of additive manufacturing is projected to drive the tool steel market. As 3D printing and additive manufacturing technologies progress, the demand for tool steel powders increases, particularly for metal 3D printing applications. According to the Wohlers Report 2024, the additive manufacturing business expanded by 18.2% in 2023, reaching a market value of USD 19.5 Billion, demonstrating the growing importance of these technologies. This growth is opening up new prospects for tool steel, as it becomes an important element in the production of high-precision, long-lasting components via additive manufacturing, propelling the tool steel market ahead.

Will the Fluctuating Prices of Steel Hinder the Growth of the Tool Steel Market?

Fluctuating steel costs can stymie the growth of the tool steel market. Steel price fluctuation has a direct impact on tool steel, a specialized and high-quality material. When steel prices rise, so does the cost of producing tool steel, which raises prices for end users in industries such as automotive, aerospace, and manufacturing. This may lower demand for tool steel as businesses explore other materials or postpone expenditures in new manufacturing equipment. Price variations generate market uncertainty, making it difficult for businesses to plan long-term investments and thus reducing the overall growth of the tool steel market.

Environmental laws may impede the expansion of the tool steel market. The manufacturing of tool steel requires energy-intensive operations that release large amounts of carbon dioxide and other pollutants. Stricter environmental rules aimed at decreasing industrial emissions and encouraging sustainability may raise the costs of tool steel manufacturing. Compliance with these requirements may require corporations to invest in cleaner technology or pay higher taxes and fines, raising production costs and, eventually, consumer prices. This increased financial burden has the potential to impair Tool Steel's market competitiveness, reducing its growth as companies seek more environmentally friendly or cost-effective alternatives.

Category-Wise Acumens

What are the Factors that Enhance the Demand for the Tool Steel Market?

Alloy steel is the dominant sector of the tool steel market. The alloy steel section of the tool steel market is driven by qualities such as hardness, wear resistance, toughness, and heat resistance. Alloy steel is specifically developed to improve these qualities, making it ideal for demanding applications requiring durable and long-lasting materials. In industries such as automotive, aerospace, and manufacturing, where components must survive intense temperatures and repeated stress, alloy steel's superior hardness and wear resistance are essential. due to its toughness and heat resistance, alloy steel can maintain its integrity and function even at high temperatures, increasing demand in these industries and supporting the growth of the alloy steel segment in the tool steel market.

The growing need for precision machining and high-performance cutting tools is propelling the alloy steel segment in the tool steel market. Alloy steel is preferred in these applications owing to its high hardness, wear resistance, and toughness, all of which are necessary for making precise and long-lasting tools. As industries such as automotive, aerospace, and manufacturing demand more accurate and efficient machining, the demand for high-quality alloy steel rises, accelerating the segment's growth.

What are the Factors that Surge the Demand for the Tool Steel Market?

The automotive industry leads the tool steel market. The growing demand for automobiles is propelling the automotive segment in the tool steel market. As vehicle manufacturing increases, so does the demand for high-quality tool steel to make the dies, molds, and cutting tools required to produce precision and long-lasting automotive components. The rise in automotive demand directly increases the demand for tool steel, making it an important element in the industry's manufacturing processes.

Automotive component manufacture, such as engine parts, transmission parts, and body panels, is boosting the tool steel market. Tool steel is required to manufacture the high-precision dies, molds, and cutting tools needed for these components. As the automobile industry grows and advances, so does the demand for long-lasting and dependable tool steel to fulfill the stringent standards and performance requirements of these vital components, driving the automotive tool steel market.

Country/Region-wise Acumens

Will the Flourishing Automotive, Aerospace, and Machinery Segment in North America Boost the Development of Tool Steel Market?

North America leads the tool steel market. The automotive, aerospace, and machinery industries is projected to create lucrative opportunities for this market in North America. The automotive sector, which accounts for 3.5% of the US GDP with USD 752 Billion in car and part manufacture, generates significant demand for tool steel in die casting, stamping, and machining. The aerospace sector, which generates USD 928 Billion in sales and expects a 42% growth in commercial aircraft by 2034, drives up the demand for specialist tool steel in aircraft component manufacture. The equipment industry's 5.3% increase in shipments to USD 426 Billion in 2023 demonstrates the sustained demand for tool steel in a variety of industrial applications, driving market expansion in the area.

Strong manufacturing industries will fuel the expansion of the North American tool steel market. The US manufacturing industry contributed $2.3 trillion to the economy in 2023, accounting for 11% of GDP, and is forecast to increase at an average annual rate of 2.8% through 2028, fueling continuous need for tool steel. Furthermore, a 4.5% increase in tool steel output to 1.2 million tons in 2023, as well as a 3.8% annual consumption growth forecast, highlight the essential role that strong industrial sectors play in boosting the North American tool steel market.

Will the Rapid Industrialization and Economic Development Propel the Asian Pacific Region for the Tool Steel Market?

The Asia-Pacific region is experiencing the fastest growth in the tool steel market. Rapid industrialization and economic development are driving the Asia-Pacific tool steel market. According to the Asian Development Bank, the industrial sector in emerging Asia grew by 4.8% in 2023 and is expected to accelerate to 5.2% in 2024, increasing demand for high-quality tool steel, owing to expansions in the automobile, aerospace, and equipment industries. Supported by the "Make in India" initiative, as well as growth in the automotive and construction sectors. These factors all contribute to the expected expansion of the Asia-Pacific tool steel market, which reflects the region's dynamic industrial and economic advancement.

The tool steel market in Asia-Pacific will be driven by increased manufacturing activity. The spike in manufacturing, as evidenced by a 3.9% increase in manufacturing value added (MVA) in 2023 and a projected 4.5% increase in 2024, reflects increased demand for high-performance tools. In China, a steady average Purchasing Managers' Index (PMI) of 51.3 in 2023 suggests that the industry is expanding, while India's 6.8% increase in the Index of Industrial Production (IIP) and Japan's 15.2% increase in machine tool orders support this trend. Machine tool production in Japan is expected to rise at a 3.5% annual rate, supporting continuing demand for tool steel. These advancements in the automotive, aerospace, and consumer electronics sectors highlight the enormous impact of expanding manufacturing operations in fueling the growth of the tool steel market in the region.

Competitive Landscape

The tool steel market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions, and political support.

The organizations are focusing on innovating their product line to serve the vast population in diverse regions. Some of the prominent players operating in the tool steel market include:

  • SCHMOLZ + BICKENBACH
  • Voestalpine
  • Hitachi Metals, Ltd.
  • Tiangong International
  • Nachi-Fujikoshi Corp.
  • Samuel, Son & Co.
  • Sandvik Eramet
  • BOHLER
  • Buderus Edelstahl GmbH
  • Baosteel Group
  • Dongbei Special Steel Group Co.

Latest Developments

  • In February 2023, Syntagma Capital and Eramet agreed to acquire Erasteel. The transaction is scheduled to be completed by the end of the first half of 2023.
  • In September 2022, Pennsylvania Steel Company, Inc. bought Nivert Metal Supply, marking a substantial growth for the company. This acquisition intends to increase the company's global customer base while also improving its metal service capabilities in the Northeast.
  • In April 2022, JFE Steel Corporation and ThyssenKrupp Steel Europe collaborated to launch new high-strength steel sheets at 980 and 1180 MPa. These sheets are intended for cold forming, particularly in the fabrication of vehicle frame components.
  • In January 2021, Hitachi Metals, Ltd. announced that it had successfully acquired Teikuro, Inc., a Japanese manufacturer of tool steel and specialty steel products. This acquisition is consistent with Hitachi Metals' objective to broaden its product range and strengthen its position in the tool steel market.

Tool Steel Market, By Category

  • Material:
  • Carbon
  • Alloy steel
  • Chromium
  • Tungsten
  • Molybdenum
  • Vanadium
  • Product:
  • High Speed
  • Cold work
  • Hot work
  • Plastic mold
  • Application:
  • Automotive
  • Construction
  • Aerospace
  • Manufacturing
  • Region:
  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa

TABLE OF CONTENTS

1. Introduction

  • Market Definition
  • Market Segmentation
  • Research Methodology

2. Executive Summary

  • Key Findings
  • Market Overview
  • Market Highlights

3. Market Overview

  • Market Size and Growth Potential
  • Market Trends
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Porter's Five Forces Analysis

4. Tool Steel Market, By Material

  • Carbon
  • Alloy steel
  • Chromium
  • Tungsten
  • Molybdenum
  • Vanadium

5. Tool Steel Market, By Product

  • High Speed
  • Cold work
  • Hot work
  • Plastic mold

6. Tool Steel Market, By Application

  • Automotive
  • Construction
  • Aerospace
  • Manufacturing

7. Regional Analysis

  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • United Kingdom
  • Germany
  • France
  • Italy
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Latin America
  • Brazil
  • Argentina
  • Chile
  • Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE

8. Market Dynamics

  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Impact of COVID-19 on the Market

9. Competitive Landscape

  • Key Players
  • Market Share Analysis

10. Company Profiles

  • SCHMOLZ + BICKENBACH
  • Voestalpine
  • Hitachi Metals, Ltd.
  • Tiangong International
  • Nachi-Fujikoshi Corp.
  • Samuel, Son & Co.
  • Sandvik Eramet
  • BOHLER
  • Buderus Edelstahl GmbH
  • Baosteel Group
  • Dongbei Special Steel Group Co.

11. Market Outlook and Opportunities

  • Emerging Technologies
  • Future Market Trends
  • Investment Opportunities

12. Appendix

  • List of Abbreviations
  • Sources and References