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市場調查報告書
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1738808

工具鋼市場:按材料、產品、應用和地區分類,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個工作天內

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簡介目錄

2026-2032年工具鋼市場評估

全球製造業對工具鋼的需求成長預計將推動工業化、都市化和消費需求的成長。製造業活動的增加將帶來對工具和設備,尤其是工具鋼的巨大需求。預計2024年市場規模將超過54.3億美元,到2032年將達到約85.8億美元。

電腦輔助製造 (CAM) 和機器人等製造流程的進步,提高了工具複雜性和精度的要求。具有硬度、韌性和耐磨性等優異性能的工具鋼對於滿足此類嚴苛應用至關重要。對經濟高效的工具鋼的需求不斷成長,推動市場在 2026 年至 2032 年期間的複合年成長率達到 6.50%。

工具鋼市場定義/概述

工具鋼是專門用於製造工具的碳鋼和合金鋼。這類鋼以其硬度、耐磨性和在高溫下保持鋒利的能力而聞名。工具鋼分為幾類,包括冷作鋼、熱作鋼、高速鋼和抗衝擊鋼,每種類型都針對特定的工業應用而設計。工具鋼通常用於製造模具、切割刀具、模具和其他需要高耐用性和高精度的機械零件。

隨著製造技術的進步以及各行各業對高性能材料需求的不斷成長,工具鋼市場預計將持續擴張。隨著汽車、航太和建築等產業的發展,對耐用且高效的工具材料的需求也將持續成長,進而推動工具鋼市場的發展。

自動化和精密生產趨勢將推動新型工具鋼品種的開發,這些鋼品種具有更優異的品質,例如更高的耐磨性和可加工性。環境問題也推動該行業採用更永續的生產流程,這將提高工具鋼製造的回收率和材料效率。

蓬勃發展的汽車產業將如何推動工具鋼市場的成長?

汽車產業的興起預計將推動工具鋼市場的成長。汽車產業仍將是工具鋼的主要消費產業,全球汽車產量預計在2023年達到8,010萬輛,與前一年同期比較%,這將直接推動對高品質工具鋼的需求。高品質工具鋼是生產高品質、耐用汽車零件(包括模具、沖模和切削刀具)所必需的材料。在技​​術進步和汽車需求成長的推動下,汽車產業的持續擴張凸顯了工具鋼在維持這一成長的重要性。

積層製造的日益普及預計將推動工具鋼市場的發展。隨著3D列印和積層製造技術的進步,對工具鋼粉末的需求將持續成長,尤其是在金屬3D列印應用領域。根據《沃勒斯2024年報告》,積層製造業務預計將在2023年成長18.2%,市場價值達到195億美元,顯示這些技術的重要性日益增強。這一成長為工具鋼開闢了新的前景,它將成為透過積層製造生產高精度、耐用零件的關鍵要素,從而推動工具鋼市場向前發展。

鋼材價格波動會阻礙工具鋼市場的成長嗎?

鋼鐵成本波動會阻礙工具鋼市場的成長。鋼鐵價格波動對工具鋼——一種專用的高品質材料——有直接影響。鋼鐵價格上漲會導致工具鋼的生產成本上升,進而推高汽車、航太和製造業等終端用戶的價格。由於企業會尋找其他材料或推遲購買新製造設備,這可能導致工具鋼需求下降。價格波動造成市場不確定性,使企業難以製定長期投資計劃,從而抑制整個工具鋼市場的成長。

環境立法可能會阻礙工具鋼市場的擴張。製造工具鋼需要能源密集作業,會排放大量二氧化碳和其他污染物。旨在減少工業排放和促進永續性嚴格的環境法規可能會提高工具鋼的生產成本。為了遵守這些法規,企業可能需要投資更乾淨的技術或繳納更高的稅金和罰款,這可能會增加生產成本,進而推高消費價格。這種財務負擔的增加可能會削弱工具鋼的市場競爭力,並可能在企業尋求更環保和/或更具成本效益的替代品時減緩其成長。

目錄

第1章 引言

  • 市場定義
  • 市場區隔
  • 調查方法

第2章執行摘要

  • 主要發現
  • 市場概覽
  • 市場亮點

第3章市場概述

  • 市場規模和成長潛力
  • 市場趨勢
  • 市場促進因素
  • 市場限制
  • 市場機會
  • 波特五力分析

第4章工具鋼市場:依材料

  • 碳鋼
  • 合金鋼

第5章工具鋼市場:依產品

  • 高速
  • 冷加工
  • 熱加工
  • 塑膠模具

第6章工具鋼市場:依應用

  • 建造
  • 航太
  • 製造業

第7章區域分析

  • 北美洲
  • 美國
  • 加拿大
  • 墨西哥
  • 歐洲
  • 英國
  • 德國
  • 法國
  • 義大利
  • 亞太地區
  • 中國
  • 日本
  • 印度
  • 澳洲
  • 拉丁美洲
  • 巴西
  • 阿根廷
  • 智利
  • 中東和非洲
  • 南非
  • 沙烏地阿拉伯
  • 阿拉伯聯合大公國

第8章市場動態

  • 市場促進因素
  • 市場限制
  • 市場機會
  • COVID-19 市場影響

第9章 競爭態勢

  • 主要企業
  • 市場佔有率分析

第10章 公司簡介

  • 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11章 市場展望與機會

  • 新興技術
  • 未來市場趨勢
  • 投資機會

第12章 附錄

  • 簡稱列表
  • 來源和參考文獻
簡介目錄
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