Tool Steel & Die Steel Market Demand Analysis Report 2025

On Oct 11, Global Info Research released "Global Tool Steel & Die Steel Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031". This report includes an overview of the development of the Tool Steel & Die Steel industry chain, the market status of Tool Steel & Die Steel Market, and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Tool Steel & Die Steel.

The global Tool Steel & Die Steel market size is expected to reach $ 10997 million by 2031, rising at a market growth of 3.6% CAGR during the forecast period (2025-2031).
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
In 2024, global tool steel and die steel production reached approximately 2.93 million tons.
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.
The global market for tool and die steel is driven by industrial advancements, particularly in manufacturing sectors like automotive, aerospace, and electronics. As these industries grow, the demand for high-performance steels continues to rise, as they are essential for producing components with high precision and long service lives. In recent years, there has been an increasing demand for tool and die steels with enhanced properties, such as improved corrosion resistance and better heat treatment capabilities. This trend is fueled by the continuous push for innovation and efficiency in manufacturing processes, where tool steels with superior performance characteristics can significantly reduce downtime and increase productivity. Additionally, the expansion of emerging markets in Asia, particularly China and India, has played a key role in boosting the global consumption of tool and die steels. The competitive landscape is also witnessing technological advancements in steel production, with manufacturers focusing on producing steels that offer a better balance between cost-effectiveness and performance.
This report studies the global Tool Steel & Die Steel production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Tool Steel & Die Steel and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2024 as the base year. This report explores demand trends and competition, as well as details the characteristics of Tool Steel & Die Steel that contribute to its increasing demand across many markets.

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https://www.globalinforesearch.com/reports/3035383/tool-steel---die-steel

Market segment by Type: Carbon Tool Steel & Die Steel、 Alloy Tool Steel & Die Steel、 High Speed Tool Steel & Die Steel
Market segment by Application: Automotive、 Household Appliances、 Telecommunications、 Construction、 Others
Major players covered: Voestalpine、 Swiss Steel Group、 Tiangong International、 Daido Steel、 Sanyo Special Steel、 Dongbei Special Steel、 SIJ Metal Ravne、 SeAH CSS、 Proterial (Hitachi Metals)、 Pangang、 Baosteel、 ArcelorMittal、 Nippon Koshuha Steel、 Nachi-Fujikoshi、 Qilu Special Steel
Market segment by region, regional analysis covers: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe), Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia),South America (Brazil, Argentina, Colombia, and Rest of South America),Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa).

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Tool Steel & Die Steel product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Tool Steel & Die Steel, with price, sales, revenue and global market share of Tool Steel & Die Steel from 2020 to 2025.
Chapter 3, the Tool Steel & Die Steel competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Tool Steel & Die Steel breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2020 to 2024.and Tool Steel & Die Steel market forecast, by regions, type and application, with sales and revenue, from 2025 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Tool Steel & Die Steel.
Chapter 14 and 15, to describe Tool Steel & Die Steel sales channel, distributors, customers, research findings and conclusion.

Data Sources:
Via authorized organizations:customs statistics, industrial associations, relevant international societies, and academic publications etc.
Via trusted Internet sources.Such as industry news, publications on this industry, annual reports of public companies, Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), Trading Economics, News Network, Statista, Federal Reserve Economic Data, BIS Statistics, ICIS, Companies House Documentsm, investor presentations, SEC filings of companies, etc.
Via interviews. Our interviewees includes manufacturers, related companies, industry experts, distributors, business (sales) staff, directors, CEO, marketing executives, executives from related industries/organizations, customers and raw material suppliers to obtain the latest information on the primary market;
Via data exchange. We have been consulting in this industry for 16 years and have collaborations with the players in this field. Thus, we get access to (part of) their unpublished data, by exchanging with them the data we have.

From our partners.We have information agencies as partners and they are located worldwide, thus we get (or purchase) the latest data from them.
Via our long-term tracking and gathering of data from this industry.We have a database that contains history data regarding the market.

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