Tool Steel and Die Steel Market: Cost, Price, Revenue Analysis Industry Chain Report 2025

On Oct 28, Global Info Research released "Global Tool Steel and 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 and Die Steel industry chain, the market status of Tool Steel and 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 and Die Steel.

According to our (Global Info Research) latest study, the global Tool Steel and Die Steel market size was valued at US$ 8811 million in 2024 and is forecast to a readjusted size of USD 10997 million by 2031 with a CAGR of 3.6% during review period.
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 is a category of high-performance steel primarily used in the manufacturing of tools, dies, and molds. These steels are designed to endure high stress and wear, maintaining their strength and integrity under extreme conditions. Tool steels are distinguished by their hardness, resistance to abrasion, and ability to retain their shape at elevated temperatures. They are commonly used in the production of cutting tools, punches, dies, drills, and various other industrial tools. Tool steels are classified into categories based on their applications and specific properties, including cold work steels, hot work steels, and high-speed steels. These materials are essential in industries such as automotive, aerospace, and manufacturing.
Die steel, a subset of tool steel, is specifically used for manufacturing molds and dies that are involved in shaping and forming materials like metals, plastics, and composites. Die steels share many characteristics with tool steels, such as hardness, wear resistance, and heat resistance, but are specially tailored to meet the specific requirements of mold and die production. Die steels are critical for the forging, stamping, and casting processes, providing high precision and durability in the production of parts and components.
The global market for tool and die steels is driven by the increasing demand for precision manufacturing in various sectors. As industries like automotive, aerospace, and electronics continue to grow, the demand for high-quality tool steels has surged. These industries require tools and dies that can produce complex, durable components with high precision. The rise of automation and advanced manufacturing techniques has also led to a greater need for tool steels with enhanced properties, such as improved corrosion resistance, higher toughness, and better thermal stability. Emerging markets, particularly in Asia, are contributing to the growth of the global tool and die steel market. As these regions continue to industrialize and adopt modern manufacturing techniques, demand for tool and die steels is expected to grow further. The market is highly competitive, with ongoing innovations in steel production aimed at meeting the evolving needs of modern industries. Additionally, as sustainability becomes a more important factor in global production, manufacturers are increasingly focusing on environmentally friendly practices in steel production, including recycling and reducing emissions.
This report is a detailed and comprehensive analysis for global Tool Steel and Die Steel market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

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https://www.globalinforesearch.com/reports/2812118/tool-steel-and-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 and Die Steel product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Tool Steel and Die Steel, with price, sales, revenue and global market share of Tool Steel and Die Steel from 2020 to 2025.
Chapter 3, the Tool Steel and 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 and 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 and 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 and Die Steel.
Chapter 14 and 15, to describe Tool Steel and 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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Global Info Research is a company that digs deep into global industry information to support enterprises with market strategies and in-depth market development analysis reports. We provides market information consulting services in the global region to support enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.

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