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市場調查報告書
商品編碼
1720462

高速鋼市場報告:趨勢、預測與競爭分析(至2031年)

High Speed Steel Market Report: Trends, Forecast and Competitive Analysis to 2031

出版日期: | 出版商: Lucintel | 英文 150 Pages | 商品交期: 3個工作天內

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簡介目錄

全球高速鋼市場前景廣闊,預計汽車、製造、航太、機械工程和建築市場將迎來機會。預計到 2031 年,全球高速鋼市場規模將達到 33 億美元,2025 年至 2031 年的複合年成長率為 6.3%。該市場的主要驅動力是製造業和建設產業對這種鋼材的需求不斷增加,以及全球基礎設施開發計劃的數量不斷增加。

  • 根據Lucintel的預測,由於鉬具有優越的耐磨性、高溫強度和硬度,預計在預測期內成長率最高。
  • 根據最終用途,由於製造汽車零件對高速鋼的需求不斷增加,預計汽車產業將出現最高成長。
  • 從地區來看,預計北美將在預測期內實現最高成長,這得益於顯著的經濟成長、政府對高速鋼的投資增加以及該地區主要企業的存在。

高速鋼市場的策略性成長機會

高速鋼市場正在快速發展,關鍵應用領域出現了多個策略性成長機會。其中包括不斷發展的技術平台和許多行業領域對高性能工具日益成長的需求。

  • 航太:航太工業是最重要的領域,由於需要能夠承受惡劣條件的高性能切割工具,因此對高速鋼具有最大的成長潛力。高速鋼等級和塗層的創新正在提高航太製造設備的精度和韌性,從而增加該行業的需求。
  • 汽車製造:汽車產業擴大採用先進材料和製造技術,為高速鋼的使用帶來了機會。生產複雜零件需要高品質的切削工具,而這一領域是製造商希望透過提供此類工具來發展業務的主要驅動力之一。
  • 能源領域:石油、天然氣和可再生能源開採需要強大的 HSS 鑽頭和工具來加工硬質材料。高速鋼 (HSS) 現代化可以透過提高嚴苛操作條件下的刀具壽命和性能來滿足這些要求。
  • 醫療設備製造:快速成長的醫療設備產業為高速鋼帶來了機會,因為需要使用精密切削工具來製造複雜的零件。利用具有改進性能和塗層的高速鋼的製造流程可確保提高醫療設備的品質、可靠性和性能。
  • 積層製造工具:積層製造 (AM) 領域(也稱為 3D 列印)的快速發展正在推動對 HSS 加工以生產複雜金屬零件的需求。先進高速鋼種的開發為此技術的採用鋪平了道路。

這些成長機會凸顯了高速鋼在各行業的應用不斷擴大,這得益於技術進步和對高性能工具的需求不斷增加。

高速鋼市場促進因素與挑戰

高速鋼 (HSS) 產業受到各種促進因素​​和挑戰的影響,包括技術創新、經濟因素和監管考量。了解這些因素對於駕馭市場和抓住機會至關重要。

推動高速鋼市場發展的因素有:

  • 技術進步:合金成分和製造流程的進步推動了更高性能高速鋼的改進,包括提高刀俱生命週期效率,從而增加了多個行業的需求。
  • 擴大工業應用:汽車、航太和能源等各行業對可靠工具的需求正在增加,從而推動了高速鋼市場的成長。這些產業需要耐用、高性能的工具,對新型高速鋼產生了需求。
  • 注重永續性:永續生產方法,例如永續能源使用和回收利用,越來越受歡迎。因此,HSS 產品的效用加上環保的製造方法使其對具有環保意識的客戶更具吸引力。
  • 增加研發投入:高速鋼技術的持續研發投入正在催生新的鋼材等級和應用。這項投資將確保強大的競爭地位,以滿足不斷變化的行業需求。
  • 精密工具的需求:隨著工業流程和零件變得越來越複雜,使用高精度工具變得越來越必要。因此,高速鋼經歷了重大發展,以滿足工具和成型等精密製造應用日益成長的需求。

高速鋼市場面臨的挑戰是:

  • 製造成本高:由於原料成本和先進的製造技術,高品質高速鋼的生產成本很高。這些成本會影響您的定價和市場競爭力。
  • 供應鏈中斷:全球供應鏈問題,例如原料短缺和運輸延誤,可能會影響 HSS 的可用性和成本。這些中斷可能會導致生產延遲和成本增加。
  • 環境法規:嚴格限制的環境法可能會對這些材料的生產者構成挑戰。要遵守這些法律,就需要對更清潔的技術進行資本投資,這會增加我們的營運成本,特別是因為一些設施受到更嚴格的排放限制。

總體而言,推動高速鋼產業發展的動力以及面臨的挑戰將繼續塑造該產業。技術突破和市場需求呼喚創新和進步。

目錄

第1章執行摘要

第2章 全球高速鋼市場:市場動態

  • 簡介、背景和分類
  • 供應鏈
  • 產業驅動力與挑戰

第3章市場趨勢與預測分析(2019-2031)

  • 宏觀經濟趨勢(2019-2024)及預測(2025-2031)
  • 全球高速鋼市場趨勢(2019-2024年)及預測(2025-2031年)
  • 全球高速鋼市場(按類型)
    • 鎢高速鋼
    • 鉬高速鋼
    • 鈷高速鋼
    • 其他
  • 全球高速鋼市場(依生產方式)
    • 傳統高速鋼
    • 粉末冶金(PM)高速鋼
    • 噴射成型(SF)高速鋼
  • 全球高速鋼市場(依等級)
    • M級
    • T級
    • 進階
  • 全球高速鋼市場(依最終用途)
    • 製造業
    • 航太
    • 機械工業
    • 建造
    • 其他

第4章區域市場趨勢與預測分析(2019-2031)

  • 全球高速鋼市場(按地區)
  • 北美高速鋼市場
  • 歐洲高速鋼市場
  • 亞太高速鋼市場
  • 世界其他地區高速鋼市場

第5章 競爭分析

  • 產品系列分析
  • 營運整合
  • 波特五力分析

第6章 成長機會與策略分析

  • 成長機會分析
    • 全球高速鋼市場成長機會(按類型)
    • 全球高速鋼市場依生產方式分類的成長機會
    • 全球高速鋼市場按等級分類的成長機會
    • 全球高速鋼市場成長機會(依最終用途分類)
    • 全球高速鋼市場各區域成長機會
  • 全球高速鋼市場新趨勢
  • 戰略分析
    • 新產品開發
    • 全球高速鋼市場產能不斷增加
    • 全球高速鋼市場的企業合併
    • 認證和許可

第7章主要企業簡介

  • ArcelorMittal
  • Amada
  • Sandvik
  • NIPPON KOSHUHA STEEL
  • RUKO
  • Kyocera
  • Walter
  • Kennametal
  • Proterial
  • OSG
簡介目錄

The future of the global high speed steel market looks promising with opportunities in the automotive, manufacturing, aerospace, mechanical engineering, and construction markets. The global high speed steel market is expected to reach an estimated $3.3 billion by 2031 with a CAGR of 6.3% from 2025 to 2031. The major drivers for this market are the increasing demand for this steel in the manufacturing and construction industries and the rise in infrastructure development projects worldwide.

  • Lucintel forecasts that, within the type category, molybdenum is expected to witness the highest growth over the forecast period due to its excellent wear resistance, high-temperature strength, and hardness.
  • Within the end use category, automotive is expected to witness the highest growth due to rising demand for high speed steel from this industry for production of automotive components.
  • In terms of regions, North America is expected to witness the highest growth over the forecast period due to substantial economic growth, increased government investments in high-speed steel, and the presence of key players in the region.

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Emerging Trends in the High Speed Steel Market

The high-speed steel industry is currently undergoing a number of transformative trends that have significantly altered its landscape. These trends are driven by technological advancements and changing consumer preferences, all aimed at improving performance, sustainability, and cost-effectiveness.

  • Advanced Alloy Compositions: The use of tungsten, molybdenum, and cobalt has increased in innovations involving alloying elements used to produce HSS. This allows for a higher level of hardness, increased wear resistance, and improved thermal stability, making tools last longer and become more efficient in high-speed operations.
  • Powder Metallurgy: The adoption of powder metallurgical processes has been increasing, making it possible to produce ultra-fine-grained HSS with high density. This process offers exceptional mechanical properties, such as uniformity, leading to the production of cutting tools with better quality and a longer service lifespan.
  • Eco-friendly Production: Attention has shifted towards sustainable development among firms producing HSS worldwide. Efforts include energy-saving activities such as emissions reduction and expanded recycling of HSS scrap metal, which helps reduce the ecological footprint associated with manufacturing these products and aligns with global sustainability principles.
  • Advanced Coating Technologies: The performance of HSS tools is being enhanced through advanced coating technologies, such as physical vapor deposition (PVD) and chemical vapor deposition (CVD). These coatings offer improved resistance to heat, wear, and corrosion, thus prolonging the lifespan of tools and enhancing cutting efficiency.
  • Digital Integration: The design and manufacturing of HSS are being revolutionized through digital integration, which includes artificial intelligence (AI) and machine learning. Precision control over production processes supported by these technologies optimizes material properties, ensuring consistent quality that enhances performance and reduces costs.

These are some significant changes taking place in the HSS industry, aimed at enhancing performance, reducing environmental impact, and increasing efficiency. A focus on advanced technology and ecological and economic approaches can determine new levels of high-speed steel use.

Recent Developments in the High Speed Steel Market

High-speed steels have undergone significant advancements recently due to innovations in material science, specific requirements, and various manufacturing processes used in their fabrication. These developments involve composite modifications, progress in production techniques, and eco-friendly trends toward sustainability, all explicitly intended to enhance the capability, competency, and green footprint of HSS for diverse industrial uses.

  • Enhanced Alloy Compositions: The hardness and wear resistance of new HSS grades have been improved through the employment of more complex alloy compositions, including higher contents of tungsten or molybdenum. These materials allow for higher tool speeds at increased temperatures, making tools last longer while improving cutting efficiency.
  • Powder Metallurgy Innovations: Advances in powder metallurgical methods have created high-density high-speed steel with improved mechanical properties. This process results in a uniform microstructure and superior performance, making tools more reliable and efficient under heavy-duty loads.
  • Eco-Friendly Production Methods: The shift toward sustainable methods of producing high-speed steel is becoming more popular. This encompasses energy-efficient manufacturing techniques, reduced emissions, and greater recycling of HSS scrap. The aim is to minimize the environmental impact caused by HSS manufacturing.
  • Advanced Coating Technologies: PVD and CVD are some of the advanced coating methods that can be employed on HSS to enhance their performance characteristics. These coatings are developed to exhibit better resistance against heat, wear, and corrosion, resulting in prolonged tool life and improved cutting ability.
  • Digital Manufacturing Techniques: The integration of digital technologies like artificial intelligence (AI) and machine learning allows for optimizing the design and production of HSS. These technologies ensure precise control over material properties and production processes, resulting in superior-quality, cost-effective HSS products.

These developments are driving the evolution of HSS toward increased efficiency, durability, and sustainability, thereby meeting the rising demands of various industries.

Strategic Growth Opportunities for High Speed Steel Market

The high-speed steel market is developing with several strategic growth opportunities emerging across key applications. These include evolving technology platforms and the increasing demand for high-performance tools in many industrial segments.

  • Aerospace Industry: The aerospace industry represents the most important segment, where growth prospects for HSS are significant due to the need for high-performance cutting tools capable of withstanding extreme conditions. Innovations in HSS grades, along with coatings, improve the precision and toughness of aerospace manufacturing equipment, leading to an increase in demand in this industry.
  • Automotive Manufacturing: The automotive industry's move toward the adoption of advanced materials and manufacturing approaches promotes opportunities for the use of HSS. The manufacture of complex components necessitates high-quality cutting tools, making this field one of the main drivers for manufacturers looking to grow their businesses by supplying such tools.
  • Energy Sector: The extraction of oil, gas, or renewable energy requires strong HSS drills and tools to machine hard materials. Modernizations in high-speed steels (HSS) can meet these requirements by improving tool life and performance under severe operating conditions.
  • Medical Device Production: The rapidly growing medical device sector offers an opportunity for HSS due to the need for precision cutting tools used in producing complex components. The production process that utilizes HSS with improved properties and coatings ensures that medical devices are enhanced for better quality, reliability, and performance.
  • Tooling for Additive Manufacturing: The rapidly growing field of additive manufacturing (AM), also known as 3D printing, raises demand for HSS machining that can handle complex metal component construction. The development of advanced HSS grades has opened avenues for the adoption of this technology.

These growth opportunities highlight the expanding applications of HSS across various industries, driven by advancements in technology and increasing demand for high-performance tools.

High Speed Steel Market Driver and Challenges

The high-speed steel (HSS) industry is influenced by various drivers and challenges, which include technological innovations, economic factors, and regulatory considerations. Understanding these factors is crucial for navigating the market and capitalizing on opportunities.

The factors responsible for driving the high-speed steel market include:

  • Technological Advancements: Advances in alloy composition and manufacturing processes are driving improvements in higher-performance forms of HSS, including improvements in tool life-cycle efficiency, thus increasing demand from multiple industries.
  • Growing Industrial Applications: Demand for reliable tools has been increasing across several industries, including the automotive, aerospace, and energy sectors, driving the growth of the HSS market. These sectors require durable, high-performance instruments, creating demand for new varieties of high-speed steels.
  • Focus on Sustainability: Sustainable manufacturing practices, such as sustainable energy use and recycling, are gaining popularity. As a result, the utility of HSS products is becoming more attractive to environmentally conscious customers, in line with eco-friendly production methods.
  • Rising Investment in R&D: Continuous research and development (R&D) investments in HSS technology are leading to new grades and applications. This investment ensures strong competitive positioning to meet changing industrial requirements.
  • Demand for Precision Tools: The increasing complexity of industrial processes and components necessitates the use of high-precision tools. Consequently, high-speed steels have undergone significant advancements to cater to the surge in demand from precision manufacturing sectors such as tooling and molding.

Challenges in the high-speed steel market include:

  • High Production Costs: Producing high-quality HSS is costly due to raw material costs and the advanced manufacturing techniques used. These costs can affect both pricing decisions and competitiveness in the market.
  • Supply Chain Disruptions: Global supply chain issues, including raw material shortages and transportation delays, can affect the availability and cost of HSS. These disruptions can lead to production delays and increased costs.
  • Environmental Regulations: Environmental laws with stringent rules can be challenging for producers of these materials. Adherence to these laws requires capital investment in cleaner technologies, which leads to higher operating costs, especially due to tougher discharge limits imposed by some facilities.

Overall, the drivers acting on the HSS industry, along with its challenges, continue to shape it. Technological breakthroughs and market requirements are calling for innovation and progress.

List of High Speed Steel Companies

Companies in the market compete based on product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies high speed steel companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the high speed steel companies profiled in this report include-

  • ArcelorMittal
  • Amada
  • Sandvik
  • NIPPON KOSHUHA STEEL
  • RUKO
  • Kyocera
  • Walter
  • Kennametal
  • Proterial
  • OSG

High Speed Steel by Segment

The study includes a forecast for the global high speed steel market by type, production method, grade, end use, and region.

High Speed Steel Market by Type [Analysis by Value from 2019 to 2031]:

  • Tungsten High Speed Steel
  • Molybdenum High Speed Steel
  • Cobalt High Speed Steel
  • Others

High Speed Steel Market by Production Method [Analysis by Value from 2019 to 2031]:

  • Conventional High Speed Steel
  • Powder Metallurgy (PM) High Speed Steel
  • Spray Forming (SF) High Speed Steel

High Speed Steel Market by Grade [Analysis by Value from 2019 to 2031]:

  • M Grade
  • T Grade
  • Advance Grade

High Speed Steel Market by End Use [Analysis by Value from 2019 to 2031]:

  • Automotive
  • Manufacturing
  • Aerospace
  • Mechanical Engineering
  • Construction
  • Others

High Speed Steel Market by Region [Analysis by Value from 2019 to 2031]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

Country Wise Outlook for the High Speed Steel Market

Manufacturers use high-speed steel (HSS) because it does not lose hardness even at very high temperatures. Advanced features in performance and flexibility have been developed globally. The United States, China, Germany, India, and Japan are at the forefront of innovation, with their unique contributions shaping the future of HSS. These developments aim to improve productivity, tools' lifespan, and overall performance under extreme environments. Below is a summary of the latest information from each country.

  • United States: The U.S. has made great strides in improving alloy compositions for better HSS wear resistance and toughness. Researchers and manufacturers are concentrating on making advanced carbides more prevalent in heat treatment processes. Furthermore, there has been increased focus on environmentally friendly production techniques, such as recycling HSS scrap and reducing energy consumption during manufacture.
  • China: By investing significantly in new technologies and processes, China is advancing in high-quality HSS production. Notable advancements include the improvement of HSS using modern powder metallurgical techniques and the application of vanadium-rich alloys to the greatest extent possible. Such innovations will increase cutting efficiency while prolonging tool lifespan. Chinese companies are also extending research on coatings for HSS to enhance its temperature stability and abrasive wear resistance.
  • Germany: German work on HSS focuses on microstructural refinements for superior mechanical properties. The use of sophisticated simulation tools and highly accurate manufacturing methods has led to improved cutting performance and longer tool life. Additionally, prominent German companies employ digital technologies to improve quality control measures and optimize their production processes.
  • India: Cost-effective HSS manufacturing coupled with high-quality standards remains India's main focus. Recent developments include the introduction of enhanced machining oils that reduce import dependency and scaling up local manufacturing capacities. The country has boosted its competitiveness by creating unique grades of HSS targeting the automotive and aerospace industries.
  • Japan: Japan remains a leader in HSS innovation, focusing on enhancing stability and rigidity. Japanese researchers are working on new alloying elements and heat treatment techniques to improve tool life and performance. There is also a strong push for adopting artificial intelligence (AI) and machine learning in design and manufacturing processes to optimize HSS properties and performance.

Features of the Global High Speed Steel Market

Market Size Estimates: High speed steel market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.

Segmentation Analysis: High speed steel market size by various segments, such as by type, production method, grade, end use, and region in terms of value ($B).

Regional Analysis: High speed steel market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, production methods, grades, end uses, and regions for the high speed steel market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the high speed steel market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

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This report answers the following 11 key questions:

  • Q.1. What are some of the most promising, high-growth opportunities for the high speed steel market by type (tungsten high speed steel, molybdenum high speed steel, cobalt high speed steel, and others), production method (conventional high speed steel, powder metallurgy (PM) high speed steel, and spray forming (SF) high speed steel), grade (M grade, T grade, and advance grade), end use (automotive, manufacturing, aerospace, mechanical engineering, construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
  • Q.2. Which segments will grow at a faster pace and why?
  • Q.3. Which region will grow at a faster pace and why?
  • Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
  • Q.5. What are the business risks and competitive threats in this market?
  • Q.6. What are the emerging trends in this market and the reasons behind them?
  • Q.7. What are some of the changing demands of customers in the market?
  • Q.8. What are the new developments in the market? Which companies are leading these developments?
  • Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
  • Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
  • Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global High Speed Steel Market : Market Dynamics

  • 2.1: Introduction, Background, and Classifications
  • 2.2: Supply Chain
  • 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2019 to 2031

  • 3.1. Macroeconomic Trends (2019-2024) and Forecast (2025-2031)
  • 3.2. Global High Speed Steel Market Trends (2019-2024) and Forecast (2025-2031)
  • 3.3: Global High Speed Steel Market by Type
    • 3.3.1: Tungsten High Speed Steel
    • 3.3.2: Molybdenum High Speed Steel
    • 3.3.3: Cobalt High Speed Steel
    • 3.3.4: Others
  • 3.4: Global High Speed Steel Market by Production Method
    • 3.4.1: Conventional High Speed Steel
    • 3.4.2: Powder Metallurgy (PM) High Speed Steel
    • 3.4.3: Spray Forming (SF) High Speed Steel
  • 3.5: Global High Speed Steel Market by Grade
    • 3.5.1: M Grade
    • 3.5.2: T Grade
    • 3.5.3: Advance Grade
  • 3.6: Global High Speed Steel Market by End Use
    • 3.6.1: Automotive
    • 3.6.2: Manufacturing
    • 3.6.3: Aerospace
    • 3.6.4: Mechanical Engineering
    • 3.6.5: Construction
    • 3.6.6: Others

4. Market Trends and Forecast Analysis by Region from 2019 to 2031

  • 4.1: Global High Speed Steel Market by Region
  • 4.2: North American High Speed Steel Market
    • 4.2.1: North American Market by Type: Tungsten High Speed Steel, Molybdenum High Speed Steel, Cobalt High Speed Steel, and Others
    • 4.2.2: North American Market by End Use: Automotive, Manufacturing, Aerospace, Mechanical Engineering, Construction, and Others
  • 4.3: European High Speed Steel Market
    • 4.3.1: European Market by Type: Tungsten High Speed Steel, Molybdenum High Speed Steel, Cobalt High Speed Steel, and Others
    • 4.3.2: European Market by End Use: Automotive, Manufacturing, Aerospace, Mechanical Engineering, Construction, and Others
  • 4.4: APAC High Speed Steel Market
    • 4.4.1: APAC Market by Type: Tungsten High Speed Steel, Molybdenum High Speed Steel, Cobalt High Speed Steel, and Others
    • 4.4.2: APAC Market by End Use: Automotive, Manufacturing, Aerospace, Mechanical Engineering, Construction, and Others
  • 4.5: ROW High Speed Steel Market
    • 4.5.1: ROW Market by Type: Tungsten High Speed Steel, Molybdenum High Speed Steel, Cobalt High Speed Steel, and Others
    • 4.5.2: ROW Market by End Use: Automotive, Manufacturing, Aerospace, Mechanical Engineering, Construction, and Others

5. Competitor Analysis

  • 5.1: Product Portfolio Analysis
  • 5.2: Operational Integration
  • 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

  • 6.1: Growth Opportunity Analysis
    • 6.1.1: Growth Opportunities for the Global High Speed Steel Market by Type
    • 6.1.2: Growth Opportunities for the Global High Speed Steel Market by Production Method
    • 6.1.3: Growth Opportunities for the Global High Speed Steel Market by Grade
    • 6.1.4: Growth Opportunities for the Global High Speed Steel Market by End Use
    • 6.1.5: Growth Opportunities for the Global High Speed Steel Market by Region
  • 6.2: Emerging Trends in the Global High Speed Steel Market
  • 6.3: Strategic Analysis
    • 6.3.1: New Product Development
    • 6.3.2: Capacity Expansion of the Global High Speed Steel Market
    • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global High Speed Steel Market
    • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

  • 7.1: ArcelorMittal
  • 7.2: Amada
  • 7.3: Sandvik
  • 7.4: NIPPON KOSHUHA STEEL
  • 7.5: RUKO
  • 7.6: Kyocera
  • 7.7: Walter
  • 7.8: Kennametal
  • 7.9: Proterial
  • 7.10: OSG