Tool and Mould Steel Market Report: Trends, Forecast and Competitive Analysis to 2031
상품코드:1729794
리서치사:Lucintel
발행일:2025년 05월
페이지 정보:영문 150 Pages
라이선스 & 가격 (부가세 별도)
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한글목차
세계 공구·금형용 강철 시장의 미래는 절삭 공구, 측정 공구, 금형, 내마모 공구 시장에서의 기회로 유망합니다. 세계의 공구·금형용 강철 시장은 2025-2031년에 CAGR 4.6%로 성장할 것으로 예상됩니다. 이 시장의 주요 촉진요인은 자동차 산업에서 수요의 증가, 제조·산업 활동의 확대, 첨단 기술의 채택 증가입니다.
Lucintel의 예측에 따르면 유형별로는 합금 공구강과 금형강이 예측 기간 중 가장 높은 성장세를 보일 것으로 예측됩니다.
용도별로는 절삭공구가 가장 높은 성장이 예상됩니다.
지역별로는 APAC 지역이 예측 기간 중 가장 높은 성장을 보일 것으로 예측됩니다.
공구 및 금형용 강재 시장의 새로운 동향
공구 및 금형용 강재 시장은 고정밀화, 성능 향상, 지속가능성 등 산업 요구사항을 충족시키기 위한 새로운 동향이 생겨나면서 큰 변화를 목격하고 있습니다. 이러한 동향은 시장에 영향을 미치고 새로운 소재와 기술의 진화를 결정하고 있습니다.
고성능 강합금에 대한 수요: 내구성, 내식성, 열 안정성에 대한 요구가 높아지면서 고성능 강합금에 대한 수요가 증가하고 있습니다. 이러한 합금은 자동차 및 항공우주 제조와 같은 고응력 용도의 공구 및 금형 제조에 필수적입니다. 기업은 극한의 온도와 압력을 견딜 수 있는 새로운 강재 조성을 개발하여 공구 수명을 늘리고 성능을 향상시키는 데 주력하고 있습니다. 이러한 추세는 재료 과학과 첨단 생산 방법의 혁신을 촉진하여 시장에 혁명을 일으키고 있습니다.
인더스트리 4.0과 자동화의 활용 확대: 철강 생산에서 인더스트리 4.0 기술과 자동화의 채택은 공구 및 금형용 강재 시장에 혁명을 일으키고 있습니다. 자동화는 생산 효율성을 높이고, 인적 오류를 최소화하며, 생산 중 강재 특성을 실시간으로 모니터링할 수 있게 해주며, AI 기반 품질관리 및 예지보전을 포함한 지능형 제조 방법의 통합은 일관성을 높이고 자원 활용을 극대화할 수 있습니다. 이러한 움직임은 더 높은 생산성과 비용 효율성을 창출하고 고품질 공구강 및 금형강에 대한 수요 증가에 대응하기 위해 필수적입니다.
지속가능성 및 친환경 생산에 대한 중요성: 지속가능성은 공구 및 금형용 강재 시장에서 점점 더 많은 관심을 받고 있으며, 생산자들은 생산 과정에서 에너지 사용량, 탄소 배출량 및 폐기물을 줄이기 위해 노력하고 있습니다. 철강업체들은 고철 재활용, 에너지 효율 향상, 재생에너지 사용 등 환경 친화적인 노력을 기울이고 있습니다. 이러한 변화에 박차를 가하는 것은 법규와 친환경 제품에 대한 수요 증가로 인해 더욱 가속화되고 있습니다. 제조 공정에 지속가능성을 도입할 수 있는 기업은 시장에서 우위를 점할 수 있을 것으로 보입니다.
맞춤형 및 특수강 솔루션: 산업계가 보다 용도에 특화된 소재를 지속적으로 요구함에 따라 특수 공구 및 금형용 강재 솔루션에 대한 수요가 증가하고 있습니다. 제조업체들은 경도, 인성, 내마모성 등 특정 기계적 특성을 가지고 고객의 구체적인 요구사항에 따라 맞춤형 제품을 만드는 데 주력하고 있습니다. 이러한 추세는 공구 재료의 정밀도와 성능이 가장 중요한 자동차, 항공우주 및 전자 산업에서 특히 일반적입니다. 커스터마이징을 통해 기업은 차별화를 꾀하고 시장 경쟁에서 우위를 점할 수 있습니다.
신흥 시장의 성장: 공구 및 금형용 강재에 대한 수요는 아시아, 라틴아메리카 등 신흥 시장에서 증가하고 있습니다. 인도, 브라질, 멕시코는 인프라와 제조 능력에 대한 투자를 진행하고 있으며, 이는 양질의 공구 소재에 대한 수요를 창출하고 있습니다. 이러한 추세는 경쟁을 심화시키고, 이러한 시장 특유 수요에 대응하기 위한 저비용 생산 공정의 구축을 촉진함으로써 시장을 재편하고 있습니다. 저렴한 가격대의 고품질 솔루션으로 이러한 새로운 시장에 접근할 수 있는 기업은 큰 성장 기회를 얻게 될 것입니다.
이러한 추세는 재료 특성의 혁신, 생산 효율성 향상, 환경 문제 완화를 촉진함으로써 공구 및 금형용 강재 시장에 변화를 가져오고 있습니다. 맞춤형 고성능 철강에 대한 수요가 증가함에 따라 제조업체는 경쟁력을 유지하고 세계 산업계의 변화하는 요구에 대응하기 위해 이러한 추세에 대응해야 합니다.
금형 및 공구강 시장의 최근 동향
공구 및 금형용 강재 시장은 기술 발전, 산업 수요의 변화, 철강 제조 공정의 발전에 힘입어 수많은 중요한 시장 개발이 이루어지고 있습니다. 고성능 공구 소재를 요구하는 자동차, 항공우주, 전자제품과 같은 산업 수요 증가에 대응하기 위해 생산업체들은 끊임없이 진화하고 있습니다.
정교한 공구강 합금의 창조: 각 기업은 내마모성, 인성, 고온 안정성 등 더 높은 특성을 가진 새로운 고급 공구강 합금의 창조에 눈을 돌리고 있습니다. 이러한 발전은 내구성과 정밀도가 중요한 역할을 하는 항공우주 및 자동차 산업과 같은 고응력 용도의 요구를 충족시키는 데 필수적입니다. 이러한 합금의 지속적인 발전은 공구 및 금형의 성능과 수명을 향상시켜 시장 성장을 가져오고 있습니다.
자동화 및 스마트 제조에 대한 투자: 자동화 및 스마트 제조 기술에 대한 투자는 공구 및 금형용 철강 시장의 주요 혁신입니다. 제조 공정에 AI, 로봇 공학, IoT를 활용하면 효율성을 높이고, 낭비를 최소화하며, 철강 생산의 일관성을 향상시킬 수 있습니다. 제조업체들은 프로세스를 간소화하고 변화하는 시장에서 경쟁력을 유지하기 위해 이러한 기술을 도입하는 경향이 증가하고 있습니다.
신흥 시장에서의 생산능력 확대: 신흥 시장, 특히 아시아 지역에서는 금형용 강재 생산에 많은 투자가 이루어지고 있습니다. 인도, 중국 등의 공구/금형용 강재 제조업체들은 고품질 공구 소재에 대한 수요 증가에 대응하기 위해 생산 능력을 강화하고 있습니다. 이러한 생산능력 확대는 자동차, 전자제품, 소비재 제조 등 현지 제조업의 성장이 원동력이 되고 있습니다. 이러한 성장은 공구 및 금형용 철강의 세계 공급량을 증가시키고 있습니다.
철강 생산에서의 지속가능성의 중요성: 지속가능성은 공구 및 금형용 철강 시장에서 주요 관심사로 떠오르고 있으며, 조직들은 에너지 사용량과 환경 발자국을 최소화하기 위해 보다 친환경적인 생산 공정을 채택하고 있습니다. 고철 재활용, 에너지 효율 향상, 폐기물 최소화는 이제 업계의 상식이 되고 있습니다. 지속가능한 생산 공정으로의 전환은 소비자와 산업계의 친환경 제품에 대한 수요 증가뿐만 아니라 규제 압력에도 영향을 받고 있습니다.
특수용도 고강도강 연구개발: 고성능 공구강에 대한 수요가 증가함에 따라 특수용도 고강도강 분야의 연구개발이 활발해지고 있습니다. 철강사들은 고열, 압력, 마모와 같은 가혹한 조건을 견딜 수 있는 새로운 공구강을 개발하여 항공우주, 자동차, 중장비 제조와 같은 산업에서 사용하기에 적합합니다.
이러한 발전은 공구 및 금형용 강재 시장에서 일어나고 있는 역동적인 발전을 반영하고 있으며, 제조업체들은 재료 특성 강화, 생산 효율성 향상, 환경 문제 해결에 중점을 두고 있습니다. 이러한 발전은 시장 성장을 가속하고 세계 경쟁 시나리오를 재정의하고 있습니다.
목차
제1장 개요
제2장 세계의 공구·금형용 강철 시장 : 시장 역학
서론, 배경, 분류
공급망
업계 촉진요인과 과제
제3장 2019-2031년 시장 동향과 예측 분석
거시경제 동향(2019-2024년)과 예측(2025-2031년)
세계의 공구·금형용 강철 시장 동향(2019-2024년)과 예측(2025-2031년)
세계의 공구·금형용 강철 시장 : 유형별
탄소 공구강 및 금형강
합금 공구강 및 금형강
고속도 공구강
세계의 공구·금형용 강철 시장 : 용도별
절삭 공구
측정 툴
형
내마모 공구
기타
제4장 2019-2031년 지역별 시장 동향과 예측 분석
세계의 공구·금형용 강철 시장 : 지역별
북미의 공구·금형용 강철 시장
유럽의 공구·금형용 강철 시장
아시아태평양의 공구·금형용 강철 시장
기타 지역의 공구·금형용 강철 시장
제5장 경쟁 분석
제품 포트폴리오 분석
운영 통합
Porter's Five Forces 분석
제6장 성장 기회와 전략 분석
성장 기회 분석
세계의 공구·금형용 강철 시장의 성장 기회 : 유형별
세계의 공구·금형용 강철 시장의 성장 기회 : 용도별
세계의 공구·금형용 강철 시장의 성장 기회 : 지역별
세계의 공구·금형용 강철 시장의 새로운 동향
전략 분석
신제품 개발
세계의 공구·금형용 강철 시장의 생산능력 확대
세계의 공구·금형용 강철 시장에서의 합병, 인수, 합병사업
인증과 라이선싱
제7장 주요 기업의 기업 개요
ASSBA
Voestalpine
Swiss Steel Group
Lucchini RS
DAIDO STEEL
EOS
Sanyo Special Steel
Nippon Koshuha Steel
Nachi-Fujikoshi
BAOSHAN IRON & STEEL
KSA
영문 목차
영문목차
The future of the global tool and mould steel market looks promising with opportunities in the cutting tool, measuring tool, mold, and wear resistant tool markets. The global tool and mould steel market is expected to grow with a CAGR of 4.6% from 2025 to 2031. The major drivers for this market are the rising demand in automotive industry, the growing manufacturing & industrial activities, and the increasing adoption of advanced technologies.
Lucintel forecasts that, within the type category, alloy tool & mold steel is expected to witness the highest growth over the forecast period.
Within the application category, cutting tool is expected to witness the highest growth.
In terms of region, APAC is expected to witness the highest growth over the forecast period.
Emerging Trends in the Tool and Mould Steel Market
The tool and mould steel market is witnessing a major change as new trends arise to meet industrial requirements for increased precision, improved performance, and sustainability. These trends are impacting the market and determining the evolution of new materials and technologies.
High-Performance Steel Alloys Demand: As the demands for durability, corrosion resistance, and thermal stability increase, there is an increasing demand for high-performance steel alloys. These alloys are essential in producing tools and moulds for high-stress applications, including automotive and aerospace manufacturing. Companies are concentrating on creating new steel compositions that can resist extreme temperatures and pressure, providing longer tool life and improved performance. This trend is revolutionizing the market by driving innovations in material science and advanced production methods.
Greater Use of Industry 4.0 and Automation: The adoption of Industry 4.0 technologies and automation in steel production is revolutionizing the tool and mould steel market. Automation enhances production efficiency, minimizes human error, and enables real-time monitoring of steel properties during production. The integration of intelligent manufacturing methods, including AI-based quality control and predictive maintenance, increases consistency and maximizes resource usage. This movement is generating higher productivity and cost-effectiveness, which are vital to cope with the ever-growing demand for high-quality tool and mould steels.
Emphasis on Sustainability and Eco-Friendly Production: Sustainability is increasingly becoming the focus for the tool and mould steel market, with the aim by producers to lower energy usage, carbon emissions, and waste in production. Steelmakers are going green with the adoption of practices that include recycling scrap steel, enhancing energy efficiency, and utilizing renewable energy. The change is fueled by both regulatory forces and increased demand for eco-friendly products. Companies that are able to incorporate sustainability into their manufacturing processes will likely enjoy a marketplace advantage.
Customization and Specialized Steel Solutions: As industries continue to demand more application-specific materials for their needs, demand for specialized tool and mould steel solutions is on the upswing. Manufacturers are concentrating on creating customized products with particular mechanical properties, including hardness, toughness, and wear resistance, to suit the specific requirements of customers. This trend is especially common in the automotive, aerospace, and electronics industries, where the accuracy and performance of tooling materials are paramount. Customization enables companies to differentiate themselves and stay ahead of the competition in the market.
Emerging Market Growth: Tool and mould steels demand is growing in emerging markets, including Asia and Latin America. India, Brazil, and Mexico are investing in infrastructure and manufacturing capacities, creating a demand for good-quality tooling materials. This trend is revamping the market by augmenting competition and promoting the creation of low-cost production processes that address the unique demands of these markets. Organizations that are able to access these new markets with affordable but quality solutions will gain major growth opportunities.
These trends are transforming the tool and mould steel market by driving innovations in material properties, improving production efficiency, and mitigating environmental issues. With growing demand for customized and high-performance steels, manufacturers need to keep up with these trends to stay competitive and address the changing needs of industries globally.
Recent Developments in the Tool and Mould Steel Market
The tool and mould steel market has witnessed numerous important developments, prompted by technological advancements, changes in industrial demand, and advances in steel manufacturing processes. The producers are constantly evolving to address the increasing demands of industries like automotive, aerospace, and electronics, which demand high-performance tooling materials.
Creation of Sophisticated Tool Steel Alloys: Companies are turning their attention towards creating new, advanced tool steel alloys with higher properties like elevated wear resistance, toughness, and high-temperature stability. Such advancements are imperative to meet the needs of high-stress applications such as aerospace and automotive industries, where durability and accuracy play a key role. Continuous advancement in these alloys is improving tool and mould performance and life, leading to growth in the market.
Automation and Smart Manufacturing Investments: Investments in automation and smart manufacturing technologies have been a major innovation in the tool and mould steel market. The use of AI, robotics, and IoT in manufacturing processes is enhancing efficiency, minimizing waste, and providing improved consistency in steel manufacturing. Manufacturers are increasingly implementing these technologies to streamline their processes and remain competitive in a changing market.
Manufacturing Capacity Expansion in Emerging Markets: Emerging markets, especially in Asia, are witnessing significant investments in tool and mould steel manufacturing. Tool and mould steel manufacturers in nations such as India and China are increasing their production capacities to cater to the increasing demand for high-quality tooling material. These capacity expansions are motivated by the growth of local manufacturing industries, such as automotive, electronics, and consumer goods manufacturing. This growth is adding to the world supply of tool and mould steel.
Emphasis on Sustainability in Steel Production: Sustainability has emerged as a major emphasis in the tool and mould steel market, with organizations embracing greener production processes to minimize energy usage and environmental footprint. Recycling scrap steel, enhancing energy efficiency, and minimizing waste are becoming the norm in the industry. The transition towards sustainable production processes is being influenced by regulatory pressures as well as the growing demand for environmentally friendly products from consumers and industries alike.
Research and Development of High-Strength Steel for Specialized Use: The growing need for high-performance tool steels has prompted increased research and development in the field of high-strength steels for specialized use. Steel manufacturers are creating new grades of tool steel that can endure harsh conditions, including high heat, pressure, and wear, making them suitable for use in industries such as aerospace, automotive, and heavy machinery production.
These advancements are a mirror of the dynamic developments that are occurring in the tool and mould steel market, with manufacturers emphasizing the enhancement of material properties, boosting production efficiency, and responding to environmental issues. These developments are propelling the growth of the market and redefining the global competitive scenario.
Strategic Growth Opportunities in the Tool and Mould Steel Market
As businesses keep requiring high-performance, long-lasting, and affordable materials, the tool and mould steel market offers numerous growth opportunities. These growth opportunities are largely influenced by technological developments, expanding industrial applications, and rising demand in emerging markets.
Automotive Sector: The automotive industry continues to be among the biggest users of tool and mould steels, particularly for the production of components such as engines, transmission systems, and body panels. As the sector develops towards electric cars and increasingly intricate designs, there will be growing demand for special tool steels. Companies can take advantage of this by creating advanced steel alloys that satisfy the changing needs of the automotive industry.
Aerospace Industry: Tool and mould steels used in the aerospace industry demand better high-temperature stability, corrosion resistance, and toughness. With increasing requirements for advanced aerospace aircraft and space technology, suppliers have the ability to provide high-performance steel with specific aerospace uses. New ways of producing steel through innovations such as additive manufacturing also present development potential for tailor-made steel products for this market.
Consumer Electronics: The increasing consumer electronics industry is generating demand for high-quality tool steels employed in the manufacture of precision components. Tool steels play a crucial role in the production of components such as smartphones, laptops, and home appliances. Companies can concentrate on offering tailored solutions for the electronics sector, which demands high-quality, long-lasting materials for accurate moulding and tooling.
Growing Infrastructure in Emerging Economies: As emerging economies make investments in developing infrastructure, tool and mould steels are in increasing demand to be used for the construction industry and heavy machinery. India and Brazil are among the countries relying more on quality steel to produce the machinery that will be required for large-scale infrastructure projects. Manufacturers can ride a profitable growth wave by focusing on these regions.
Renewable Energy Industry: The renewable energy sector, especially solar and wind energy, offers a large growth opportunity for tool and mould steel manufacturers. These sectors need specialized tooling to produce renewable energy components, including wind turbine blades and solar panel frames. Companies can take advantage of the demand for high-performance, long-lasting steels in the renewable energy industry as it keeps on expanding around the world.
tool and mould steel market has numerous strategic growth prospects in industries like automotive, aerospace, consumer electronics, and renewable energy. Those manufacturers that can innovate and address the particular requirements of these industries will have a market advantage in the fast-changing market.
Tool and Mould Steel Market Driver and Challenges
The tool and mould steel market is influenced by several technological, economic, and regulatory drivers. These drivers and challenges affect market growth and competitiveness in different regions.
The factors responsible for driving the tool and mould steel market include:
1. Technological Developments in Steel Manufacturing: Continuous developments in steel manufacturing technologies, including the creation of high-performance alloys, are fueling market growth. Innovations enhancing steel performance, including wear resistance and toughness, are critical for addressing the needs of high-stress applications like aerospace and automotive. These advances in technology enable the manufacturing of steel with improved performance, fueling market growth.
2. Greater Demand from Hi-Tech Industries: Rising demand for accuracy tooling by industries such as automotive, aerospace, and consumer electronics is the primary driver of the tool and mould steel market. The high-tech nature of these industries necessitates highly advanced tool steel to produce complicated components. The growing demand for special steel possessing particular properties, with the constant improvement in technology, is propelling the market for high-tech tooling material further.
3. Increasing Industrialization in Developing Economies: The industrialization of emerging economies, especially Asia and Latin America, is propelling the demand for tool and mould steels. They are investing a lot in infrastructure and manufacturing facilities, which raises the demand for high-performance steel. Companies that are able to supply these emerging markets will reap higher sales and market share.
4. Sustainability Focus: Increasing focus on sustainability and environmental stewardship is compelling the evolution of greener manufacturing techniques in the tool and mould steel market. Companies are implementing energy-efficient systems and recycling scrap steel to minimize their impact on the environment. This trend is favorable both to environmentally friendly consumers and businesses, and it makes sustainability one of the principal drivers in the market.
5. Emerging Customization Needs: As industries continue to demand specialized materials for particular purposes, the demand for customized tool and mould steel is on the rise. Industries are creating custom steel alloys in order to accommodate the specific demands of customers, especially in such sectors as aerospace, automotive, and electronics. The capacity to provide customized options gives a business a competitive advantage in the marketplace.
Challenges in the tool and mould steel market are:
1. High Production Costs: The cost of manufacturing high-performance tool and mould steels may be high because sophisticated technologies would be needed to make them. High cost of production would be a problem for manufacturers, particularly in highly competitive markets where prices are sensitive.
2. Availability of Raw Material: Availability of quality raw material poses a challenge for the tool and mould steel sector. Fluctuations in the quality and availability of raw materials can cause delays in production schedules and add to costs. Maintaining a consistent supply of quality raw materials is essential for fulfilling demand.
3. Market Competition: The tool and mould steel market is competitive, with a large number of global and regional players competing for market share. Firms have to invest in research and development to develop innovative products that satisfy the demands of high-tech industries, as well as streamline production processes to sustain profitability in a competitive market.
The key drivers in the tool and mould steel market are technological innovation, heightened demand from high-tech segments, and the augmentation of industrialization in emerging economies. However, such drivers as high manufacturing costs, availability of raw materials, and competition in the marketplace must be competently handled for sustained growth in the market. Those manufacturers that innovate to accommodate these drivers and address challenges will find themselves competitively placed for success in this dynamic market.
List of Tool and Mould Steel Companies
Companies in the market compete on the basis of 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 tool and mould steel companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the tool and mould steel companies profiled in this report include-
ASSBA
Voestalpine
Swiss Steel Group
Lucchini RS
DAIDO STEEL
EOS
Sanyo Special Steel
Nippon Koshuha Steel
Nachi-Fujikoshi
BAOSHAN IRON & STEEL
Tool and Mould Steel Market by Segment
The study includes a forecast for the global tool and mould steel market by type, application, and region.
Tool and Mould Steel Market by Type [Value from 2019 to 2031]:
Carbon Tool & Mold Steel
Alloy Tool & Mold Steel
High Speed Tooling Steel
Tool and Mould Steel Market by Application [Value from 2019 to 2031]:
Cutting Tools
Measuring Tool
Mold
Wear Resistant Tools
Others
Tool and Mould Steel Market by Region [Value from 2019 to 2031]:
North America
Europe
Asia Pacific
The Rest of the World
Country Wise Outlook for the Tool and Mould Steel Market
The tool and mould steel market has seen rapid advancements over the last few years due to innovation in manufacturing technologies, surging applications for high-performance steels, and expanding industrial use. The United States, China, Germany, India, and Japan are some of the major players in the global market, contributing to the growth individually through innovation in production techniques, material characteristics, and individual applications. These trends are consistent with the growing demand for accuracy, strength, and affordability in automotive, aerospace, and consumer products manufacturing, which is dependent on tool and mould steel.
United States: The United States is still a leader in the tool and mould steel market, focusing on technological innovation and high-quality steel production. Recent trends involve the addition of sophisticated heat treatment methods and steel composition innovations to improve the performance of steel in high-stress applications. The aerospace and automotive sectors, in specific, are major drivers of demand for tool and mould steels with specialized properties. The U.S. market has also seen substantial investments in automation and digitalization of manufacturing processes, which are enhancing productivity and material efficiency. The growing need for light, resistant materials further bolsters the place of U.S. producers within the international marketplace.
China: China has risen to become among the biggest names in the tool and mould steel market with substantial growth influenced by its booming manufacturing industry. Recent trends emphasize boosting production capability and enhancing steel quality, including the creation of high-performance grades for use in automotive, electronic, and heavy machinery production. China's government has also been encouraging industrial upgrading and technological innovation, resulting in the upgrading of steel production processes. The strategic emphasis of the country to increase its domestic manufacturing base has positioned it as a leading supplier of tool and mould steel regionally and internationally.
Germany: Germany, being renowned for its engineering capabilities, continues to lead the tool and mould steel market, especially in the automotive, aerospace, and machinery sectors. Recent innovations in Germany revolve around the manufacturing of sophisticated, high-strength tool steels with higher resistance to corrosion and wear. Germany is also using Industry 4.0 technologies to enhance manufacturing processes and increase steel quality. There is also an increased focus on sustainability, with German producers using more energy-efficient and environmentally friendly manufacturing methods. These advances are making Germany a centre for high-grade tool and mould steel production for both local and foreign markets.
India: India's tool and mould steel market has continued to grow steadily on the back of a growing industrial base. Demand for high-quality steel has also been rising. The latest advances have been the development of improved production methods to enhance the hardness, toughness, and wear resistance of steel. The automotive industry, followed by new industries like defense and electronics, are primary drivers of demand for tool steels. India also sees tremendous investments in steel production infrastructure, which has resulted in enhanced production efficiency and quality control. The nation's increasing focus towards increasing its manufacturing capabilities, coupled with government initiatives in favor of manufacturing efforts, makes India a emerging power in the world tool and mould steel market.
Japan: Japan's tool and mould steel market continues to be strong, aided by emerging trends in precision manufacturing and materials science. The nation is famous for its high-grade steel manufacturing, especially in industries such as automobiles, electronics, and industrial machinery. Recent innovations have been in the form of developments in steel alloys that improve durability, corrosion resistance, and heat treatment characteristics. Japan's emphasis on creating special steels for specialty applications has maintained its leadership position in the global market. Further, Japanese producers are progressively embracing digital and automation technologies to improve production efficiency and uphold high standards of quality checks so that they continue to be competitive in the global marketplace.
Features of the Global Tool and Mould Steel Market
Market Size Estimates: Tool and mould steel market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.
Segmentation Analysis: Tool and mould steel market size by type, application, and region in terms of value ($B).
Regional Analysis: Tool and mould steel market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the tool and mould steel market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the tool and mould steel market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the tool and mould steel market by type (carbon tool & mold steel, alloy tool & mold steel, and high speed tooling steel), application (cutting tools, measuring tool, mold, wear resistant tools, 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 Tool and Mould 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 Tool and Mould Steel Market Trends (2019-2024) and Forecast (2025-2031)
3.3: Global Tool and Mould Steel Market by Type
3.3.1: Carbon Tool & Mold Steel
3.3.2: Alloy Tool & Mold Steel
3.3.3: High Speed Tooling Steel
3.4: Global Tool and Mould Steel Market by Application
3.4.1: Cutting Tools
3.4.2: Measuring Tool
3.4.3: Mold
3.4.4: Wear Resistant Tools
3.4.5: Others
4. Market Trends and Forecast Analysis by Region from 2019 to 2031
4.1: Global Tool and Mould Steel Market by Region
4.2: North American Tool and Mould Steel Market
4.2.1: North American Market by Type: Carbon Tool & Mold Steel, Alloy Tool & Mold Steel, and High Speed Tooling Steel
4.2.2: North American Market by Application: Cutting Tools, Measuring Tool, Mold, Wear Resistant Tools, and Others
4.3: European Tool and Mould Steel Market
4.3.1: European Market by Type: Carbon Tool & Mold Steel, Alloy Tool & Mold Steel, and High Speed Tooling Steel
4.3.2: European Market by Application: Cutting Tools, Measuring Tool, Mold, Wear Resistant Tools, and Others
4.4: APAC Tool and Mould Steel Market
4.4.1: APAC Market by Type: Carbon Tool & Mold Steel, Alloy Tool & Mold Steel, and High Speed Tooling Steel
4.4.2: APAC Market by Application: Cutting Tools, Measuring Tool, Mold, Wear Resistant Tools, and Others
4.5: ROW Tool and Mould Steel Market
4.5.1: ROW Market by Type: Carbon Tool & Mold Steel, Alloy Tool & Mold Steel, and High Speed Tooling Steel
4.5.2: ROW Market by Application: Cutting Tools, Measuring Tool, Mold, Wear Resistant Tools, 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 Tool and Mould Steel Market by Type
6.1.2: Growth Opportunities for the Global Tool and Mould Steel Market by Application
6.1.3: Growth Opportunities for the Global Tool and Mould Steel Market by Region
6.2: Emerging Trends in the Global Tool and Mould Steel Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Tool and Mould Steel Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Tool and Mould Steel Market