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Tool Steel Market : Global Market Synopsis, Growth Factors, Industry Segmentation, Regional Analysis and Competitive Analysis 2017 - 2025

ID: 59028 February, 2018 Region : Global Pages
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Global tool steel market, by steel type (hot-work, cold-work, plastic mould, high speed, others) and application (automotive, shipbuilding, machinery, others).
Market Scenario:

Tool steel is manufacture from different varieties of carbon and alloy steels which are suitable for making tools. Basically, tool steels are used for shaping of other materials. Their suitability comes from their distinctive hardness, resistance to abrasion and deformation, and their ability to hold a cutting edge at elevated temperatures. The major use of steel tools is for cutting, pressing, extruding, and coining of metals and other materials. However, due to resistance of abrasion it is use for production of injection moulds which is essential benchmark for producing moulding parts.


The major driver for tool steel market will be growing norms for high speed steels for industry cutting tools. Also cutting instrument applications such as, metal cutting for complex and critical components with comfort and high accuracy are leading the tool steel market growth globally. However, increasing utility of carbide-based edged tools in various end-user industries may hinder the market growth of tool steels. The growing use of applications of high speed steels in the shipbuilding and energy sectors creates opportunities for tool steel market. And the economic slowdown in the industrial aspect of emerging countries is the important challenge facing by tool steel market in upcoming years.


Segmentation:
The global tool steel market is segmented on the basis of steel types and applications.
On the basis of steel types, the market is segmented into hot-work, cold-work, plastic mould, high speed, others.
On the basis of applications, the market is segmented into automotive, shipbuilding, machinery, others.


Regional Analysis:
Geographically, the tool steel market is segregated in North America, Europe, Asia Pacific, Middle East & Africa and LAMEA. Asia Pacific region is the global leader in tool steel market in terms of values and extent which if followed by Europe and North America. Development of various industries such as, automotive, aviation, mining, and medical in APAC region drives tool steel market. Also, increasing income of the middle class population in the region is also driving the demand for different products which is profitable for this market. China, Japan and India are leading players in region.


Key Players:
The major key players in tool steel market such as, Nachi-Fujikoshi Corp, Voestalpine AG, Sandvik, Baosteel Group, Samuel, Son & Co., Hitachi Metal, Eramet SA, Schmiedewerke Gröditz, Universal Stainless, QiLu Special Steel Co. Ltd., Hudson Tool Steel Corporation, GERDAU S.A and Pennsylvania Steel Company. These players are trying to recognise the needs of market in developing countries and expanding their strategies to improve business needs.


Segmentation:
By Steel Type
• Hot-Work
• Cold-Work
• Plastic Mould
• High Speed
• Others
By Application
• Automotive
• Shipbuilding
• Machinery
• Others

Research Scope
The study for Global Tool Steel Market Survey and Trend Research 2018 will provide market size, estimates and forecast based on the following years: 
 
Historic data: 2015  Base Year Estimate: 2016  Forecast: 2017 to 2025


The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales. 
Our analyst implement, several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings. 
The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market. 


1. Introduction
1.1. Market Definition
1.2. Market Scope


2. Research Methodology
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions


3. Market Overview
3.1. Research Report Segmentation & Scope
3.2. Key Market Trend Analysis
3.2.1. Market Drivers
3.2.2. Market Restraint/Challenges
3.2.3. Market Opportunities
3.3. Porter’s Five Forces Analysis
3.4. Potential Venture Avenues
3.5. Market Share Analysis, 2016 


4. Steel Type Overview
4.1. Introduction 
4.2. Market Size & Forecast, 2015 to 2025
4.2.1. Hot-Work
4.2.2. Cold-Work
4.2.3. Plastic Mould
4.2.4. High Speed
4.2.5. Others
(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)


5. Application Overview
5.1. Introduction 
5.2. Market Size & Forecast, 2015 to 2025
5.2.1. Automotive
5.2.2. Shipbuilding
5.2.3. Machinery
5.2.4. Others
 (Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)


6. Regional Overview
6.1. Introduction
6.2. Market Size & Forecast, 2015 to 2025
6.2.1. North America
6.2.1.1. U.S.
6.2.1.2. Canada
6.2.1.3. Mexico 
6.2.2. Europe
6.2.2.1. UK
6.2.2.2. Germany
6.2.2.3. France
6.2.2.4. Italy 
6.2.2.5. Russia
6.2.2.6. Poland
6.2.2.7. Rest of Europe
6.2.3. Asia-Pacific
6.2.3.1. China
6.2.3.2. India
6.2.3.3. Japan
6.2.3.4. Australia
6.2.3.5. South Korea
6.2.3.6. Rest of Asia-Pacific
6.2.4. LAMEA
6.2.4.1. Saudi Arabia
6.2.4.2. UAE
6.2.4.3. South Africa
6.2.4.4. Rest of LAMEA
(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)


7. Manufacturer/ Vendor Profile
7.1. The following attributes will be considered while profiling key manufacturers in this industry: 
7.1.1. Company Overview
7.1.2. Financial Synopsis
7.1.3. Recent Developments
7.1.4. R&D Investments (if any)
7.1.5. Strategy Overview (Analyst Perspective)
7.1.6. Product Portfolio
7.2. Companies Profiled
7.2.1. Nachi-Fujikoshi Corp.
7.2.2. Voestalpine AG
7.2.3. Sandvik
7.2.4. Baosteel Group
7.2.5. Samuel, Son & Co.
7.2.6. Hitachi Metal
7.2.7. Eramet SA
7.2.8. Schmiedewerke Gröditz
7.2.9. Universal Stainless
7.2.10. QiLu Special Steel Co. Ltd.
7.2.11. Hudson Tool Steel Corporation
7.2.12. GERDAU S.A.
7.2.13. Pennsylvania Steel Company
 (Note: The companies mentioned above are tentative in nature, and profiles of other market players not listed here can be included on request.) 

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