Global Tool Steel Market 2019 Study with Competitive Landscape: Nachi-Fujikoshi, Qilu Special Steel, Hitachi, ERAMET, Universal Stainless, Hudson Tool Steel

Tool Steel refers to a variety of carbon and alloy steels that are particularly well-suited to be made into tools. Tool steels are notable for their hardness, resistance to abrasion and deformation. Today, tool steel is widely used in various specific tool applications like dies, cutting, mold-making and hammers (personal or industrial).

Tool Steel can retain a cutting edge at very high temperatures which is why they are often used in the shaping of other materials through cutting, pressing, coining or extruding. Their resistance to abrasion lends to their use in the production of injection molds. In the last several years, USA tool steel sales market has enjoyed a growth with average growth rate about 5%. In 2016, the USA tool steel sales market is expected to be nearly 232 K MT, with value of 280 million USD.

Tool steel is important for automotive industry, machinery industry and shipbuilding industry. It is invisible that there may be substitute materials in the market. In addition, as the fast development of global steel and iron industry, the material of tool steel industry is abundant.

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Global Tool Steel market size will increase to 4620 Million US$ by 2025, from 2700 Million US$ in 2018, at a CAGR of 7.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Tool Steel.

The following manufacturers are covered in this report:
Voestalpine
SCHMOLZ + BICKENBACH
Sandvik
Fushun Special Steel
BaoSteel
TG
Nachi-Fujikoshi
Qilu Special Steel
Hitachi
ERAMET
Universal Stainless
Hudson Tool Steel

Tool Steel Breakdown Data by Type
Carbon Tool Steel
Alloy Tool Steel
High Speed Tool Steel

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Tool Steel Breakdown Data by Application
Automotive
Shipbuilding
Machinery
Others

Tool Steel Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions

The study objectives are:
To analyze and research the global Tool Steel capacity, production, value, consumption, status and forecast;
To focus on the key Tool Steel manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Tool Steel :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025

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