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Global Cutting Tool Materials Market Research Report 2025
Published Date: July 2025
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Report Code: QYRE-Auto-22L9923
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Global Cutting Tool Materials Market Insights Forecast to 2028
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Global Cutting Tool Materials Market Research Report 2025

Code: QYRE-Auto-22L9923
Report
July 2025
Pages:119
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Cutting Tool Materials Market Size

The global market for Cutting Tool Materials was valued at US$ 828 million in the year 2024 and is projected to reach a revised size of US$ 1130 million by 2031, growing at a CAGR of 4.6% during the forecast period.

Cutting Tool Materials Market

Cutting Tool Materials Market

Cutting tool materials are specifically designed materials used for the manufacturing of tools that are used for cutting, shaping, drilling, or machining various materials such as metals, plastics, or composites. The choice of cutting tool material depends on factors such as the workpiece material, cutting conditions, and desired tool life.
The market for cutting tool materials is influenced by regional trends. Regions such as North America and Europe have well-established manufacturing industries, which drive the demand for cutting tools and materials. The Asia-Pacific region is expected to witness significant growth due to the rapid growth of the manufacturing sector, particularly in countries like China and India.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Cutting Tool Materials, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cutting Tool Materials.
The Cutting Tool Materials market size, estimations, and forecasts are provided in terms of output/shipments (Kiloton) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Cutting Tool Materials market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Cutting Tool Materials manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of Cutting Tool Materials Market Report

Report Metric Details
Report Name Cutting Tool Materials Market
Accounted market size in year US$ 828 million
Forecasted market size in 2031 US$ 1130 million
CAGR 4.6%
Base Year year
Forecasted years 2025 - 2031
by Type
by Application
Production by Region
  • North America
  • Europe
  • China
  • Japan
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company Bohler Uddeholm, Arthur R. Warner, NACHI-FUJIKOSHI, DAIDO STEEL, Hudson Tool, Rusal, CHALCO, Rochester Abrasives, Jinmeng, SAINT-GORBIN, Nippon Steel Corporation, Baowu Steel, Element Six, Sandvik Hyperion, ILJIN Diamond, Hitachi, Sandvik, Xiamen Tungsten, China Minmetals Corporation, Plansee(GTP), JXTC, Japan New Metals
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Detailed analysis of Cutting Tool Materials manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: Production/output, value of Cutting Tool Materials by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
  • Chapter 4: Consumption of Cutting Tool Materials in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
  • Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: The main points and conclusions of the report.

FAQ for this report

How fast is Cutting Tool Materials Market growing?

Ans: The Cutting Tool Materials Market witnessing a CAGR of 4.6% during the forecast period 2025-2031.

What is the Cutting Tool Materials Market size in 2031?

Ans: The Cutting Tool Materials Market size in 2031 will be US$ 1130 million.

Who are the main players in the Cutting Tool Materials Market report?

Ans: The main players in the Cutting Tool Materials Market are Bohler Uddeholm, Arthur R. Warner, NACHI-FUJIKOSHI, DAIDO STEEL, Hudson Tool, Rusal, CHALCO, Rochester Abrasives, Jinmeng, SAINT-GORBIN, Nippon Steel Corporation, Baowu Steel, Element Six, Sandvik Hyperion, ILJIN Diamond, Hitachi, Sandvik, Xiamen Tungsten, China Minmetals Corporation, Plansee(GTP), JXTC, Japan New Metals

What are the Application segmentation covered in the Cutting Tool Materials Market report?

Ans: The Applications covered in the Cutting Tool Materials Market report are General Manufacturing, Automotive And Transportation, Construction & Building, Aerospace, Other

What are the Type segmentation covered in the Cutting Tool Materials Market report?

Ans: The Types covered in the Cutting Tool Materials Market report are Carbon Steel, High Speed Steel, Cemented Carbide, Ceramics, Other

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1 Cutting Tool Materials Market Overview
1.1 Product Definition
1.2 Cutting Tool Materials by Type
1.2.1 Global Cutting Tool Materials Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Carbon Steel
1.2.3 High Speed Steel
1.2.4 Cemented Carbide
1.2.5 Ceramics
1.2.6 Other
1.3 Cutting Tool Materials by Application
1.3.1 Global Cutting Tool Materials Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 General Manufacturing
1.3.3 Automotive And Transportation
1.3.4 Construction & Building
1.3.5 Aerospace
1.3.6 Other
1.4 Global Market Growth Prospects
1.4.1 Global Cutting Tool Materials Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Cutting Tool Materials Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Cutting Tool Materials Production Estimates and Forecasts (2020-2031)
1.4.4 Global Cutting Tool Materials Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Cutting Tool Materials Production Market Share by Manufacturers (2020-2025)
2.2 Global Cutting Tool Materials Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Cutting Tool Materials, Industry Ranking, 2023 VS 2024
2.4 Global Cutting Tool Materials Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Cutting Tool Materials Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Cutting Tool Materials, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Cutting Tool Materials, Product Offered and Application
2.8 Global Key Manufacturers of Cutting Tool Materials, Date of Enter into This Industry
2.9 Cutting Tool Materials Market Competitive Situation and Trends
2.9.1 Cutting Tool Materials Market Concentration Rate
2.9.2 Global 5 and 10 Largest Cutting Tool Materials Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Cutting Tool Materials Production by Region
3.1 Global Cutting Tool Materials Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Cutting Tool Materials Production Value by Region (2020-2031)
3.2.1 Global Cutting Tool Materials Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Cutting Tool Materials by Region (2026-2031)
3.3 Global Cutting Tool Materials Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Cutting Tool Materials Production Volume by Region (2020-2031)
3.4.1 Global Cutting Tool Materials Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Cutting Tool Materials by Region (2026-2031)
3.5 Global Cutting Tool Materials Market Price Analysis by Region (2020-2025)
3.6 Global Cutting Tool Materials Production and Value, Year-over-Year Growth
3.6.1 North America Cutting Tool Materials Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Cutting Tool Materials Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Cutting Tool Materials Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Cutting Tool Materials Production Value Estimates and Forecasts (2020-2031)
4 Cutting Tool Materials Consumption by Region
4.1 Global Cutting Tool Materials Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Cutting Tool Materials Consumption by Region (2020-2031)
4.2.1 Global Cutting Tool Materials Consumption by Region (2020-2025)
4.2.2 Global Cutting Tool Materials Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Cutting Tool Materials Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Cutting Tool Materials Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Cutting Tool Materials Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Cutting Tool Materials Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Cutting Tool Materials Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Cutting Tool Materials Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Cutting Tool Materials Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Cutting Tool Materials Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Cutting Tool Materials Production by Type (2020-2031)
5.1.1 Global Cutting Tool Materials Production by Type (2020-2025)
5.1.2 Global Cutting Tool Materials Production by Type (2026-2031)
5.1.3 Global Cutting Tool Materials Production Market Share by Type (2020-2031)
5.2 Global Cutting Tool Materials Production Value by Type (2020-2031)
5.2.1 Global Cutting Tool Materials Production Value by Type (2020-2025)
5.2.2 Global Cutting Tool Materials Production Value by Type (2026-2031)
5.2.3 Global Cutting Tool Materials Production Value Market Share by Type (2020-2031)
5.3 Global Cutting Tool Materials Price by Type (2020-2031)
6 Segment by Application
6.1 Global Cutting Tool Materials Production by Application (2020-2031)
6.1.1 Global Cutting Tool Materials Production by Application (2020-2025)
6.1.2 Global Cutting Tool Materials Production by Application (2026-2031)
6.1.3 Global Cutting Tool Materials Production Market Share by Application (2020-2031)
6.2 Global Cutting Tool Materials Production Value by Application (2020-2031)
6.2.1 Global Cutting Tool Materials Production Value by Application (2020-2025)
6.2.2 Global Cutting Tool Materials Production Value by Application (2026-2031)
6.2.3 Global Cutting Tool Materials Production Value Market Share by Application (2020-2031)
6.3 Global Cutting Tool Materials Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Bohler Uddeholm
7.1.1 Bohler Uddeholm Cutting Tool Materials Company Information
7.1.2 Bohler Uddeholm Cutting Tool Materials Product Portfolio
7.1.3 Bohler Uddeholm Cutting Tool Materials Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Bohler Uddeholm Main Business and Markets Served
7.1.5 Bohler Uddeholm Recent Developments/Updates
7.2 Arthur R. Warner
7.2.1 Arthur R. Warner Cutting Tool Materials Company Information
7.2.2 Arthur R. Warner Cutting Tool Materials Product Portfolio
7.2.3 Arthur R. Warner Cutting Tool Materials Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Arthur R. Warner Main Business and Markets Served
7.2.5 Arthur R. Warner Recent Developments/Updates
7.3 NACHI-FUJIKOSHI
7.3.1 NACHI-FUJIKOSHI Cutting Tool Materials Company Information
7.3.2 NACHI-FUJIKOSHI Cutting Tool Materials Product Portfolio
7.3.3 NACHI-FUJIKOSHI Cutting Tool Materials Production, Value, Price and Gross Margin (2020-2025)
7.3.4 NACHI-FUJIKOSHI Main Business and Markets Served
7.3.5 NACHI-FUJIKOSHI Recent Developments/Updates
7.4 DAIDO STEEL
7.4.1 DAIDO STEEL Cutting Tool Materials Company Information
7.4.2 DAIDO STEEL Cutting Tool Materials Product Portfolio
7.4.3 DAIDO STEEL Cutting Tool Materials Production, Value, Price and Gross Margin (2020-2025)
7.4.4 DAIDO STEEL Main Business and Markets Served
7.4.5 DAIDO STEEL Recent Developments/Updates
7.5 Hudson Tool
7.5.1 Hudson Tool Cutting Tool Materials Company Information
7.5.2 Hudson Tool Cutting Tool Materials Product Portfolio
7.5.3 Hudson Tool Cutting Tool Materials Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Hudson Tool Main Business and Markets Served
7.5.5 Hudson Tool Recent Developments/Updates
7.6 Rusal
7.6.1 Rusal Cutting Tool Materials Company Information
7.6.2 Rusal Cutting Tool Materials Product Portfolio
7.6.3 Rusal Cutting Tool Materials Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Rusal Main Business and Markets Served
7.6.5 Rusal Recent Developments/Updates
7.7 CHALCO
7.7.1 CHALCO Cutting Tool Materials Company Information
7.7.2 CHALCO Cutting Tool Materials Product Portfolio
7.7.3 CHALCO Cutting Tool Materials Production, Value, Price and Gross Margin (2020-2025)
7.7.4 CHALCO Main Business and Markets Served
7.7.5 CHALCO Recent Developments/Updates
7.8 Rochester Abrasives
7.8.1 Rochester Abrasives Cutting Tool Materials Company Information
7.8.2 Rochester Abrasives Cutting Tool Materials Product Portfolio
7.8.3 Rochester Abrasives Cutting Tool Materials Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Rochester Abrasives Main Business and Markets Served
7.8.5 Rochester Abrasives Recent Developments/Updates
7.9 Jinmeng
7.9.1 Jinmeng Cutting Tool Materials Company Information
7.9.2 Jinmeng Cutting Tool Materials Product Portfolio
7.9.3 Jinmeng Cutting Tool Materials Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Jinmeng Main Business and Markets Served
7.9.5 Jinmeng Recent Developments/Updates
7.10 SAINT-GORBIN
7.10.1 SAINT-GORBIN Cutting Tool Materials Company Information
7.10.2 SAINT-GORBIN Cutting Tool Materials Product Portfolio
7.10.3 SAINT-GORBIN Cutting Tool Materials Production, Value, Price and Gross Margin (2020-2025)
7.10.4 SAINT-GORBIN Main Business and Markets Served
7.10.5 SAINT-GORBIN Recent Developments/Updates
7.11 Nippon Steel Corporation
7.11.1 Nippon Steel Corporation Cutting Tool Materials Company Information
7.11.2 Nippon Steel Corporation Cutting Tool Materials Product Portfolio
7.11.3 Nippon Steel Corporation Cutting Tool Materials Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Nippon Steel Corporation Main Business and Markets Served
7.11.5 Nippon Steel Corporation Recent Developments/Updates
7.12 Baowu Steel
7.12.1 Baowu Steel Cutting Tool Materials Company Information
7.12.2 Baowu Steel Cutting Tool Materials Product Portfolio
7.12.3 Baowu Steel Cutting Tool Materials Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Baowu Steel Main Business and Markets Served
7.12.5 Baowu Steel Recent Developments/Updates
7.13 Element Six
7.13.1 Element Six Cutting Tool Materials Company Information
7.13.2 Element Six Cutting Tool Materials Product Portfolio
7.13.3 Element Six Cutting Tool Materials Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Element Six Main Business and Markets Served
7.13.5 Element Six Recent Developments/Updates
7.14 Sandvik Hyperion
7.14.1 Sandvik Hyperion Cutting Tool Materials Company Information
7.14.2 Sandvik Hyperion Cutting Tool Materials Product Portfolio
7.14.3 Sandvik Hyperion Cutting Tool Materials Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Sandvik Hyperion Main Business and Markets Served
7.14.5 Sandvik Hyperion Recent Developments/Updates
7.15 ILJIN Diamond
7.15.1 ILJIN Diamond Cutting Tool Materials Company Information
7.15.2 ILJIN Diamond Cutting Tool Materials Product Portfolio
7.15.3 ILJIN Diamond Cutting Tool Materials Production, Value, Price and Gross Margin (2020-2025)
7.15.4 ILJIN Diamond Main Business and Markets Served
7.15.5 ILJIN Diamond Recent Developments/Updates
7.16 Hitachi
7.16.1 Hitachi Cutting Tool Materials Company Information
7.16.2 Hitachi Cutting Tool Materials Product Portfolio
7.16.3 Hitachi Cutting Tool Materials Production, Value, Price and Gross Margin (2020-2025)
7.16.4 Hitachi Main Business and Markets Served
7.16.5 Hitachi Recent Developments/Updates
7.17 Sandvik
7.17.1 Sandvik Cutting Tool Materials Company Information
7.17.2 Sandvik Cutting Tool Materials Product Portfolio
7.17.3 Sandvik Cutting Tool Materials Production, Value, Price and Gross Margin (2020-2025)
7.17.4 Sandvik Main Business and Markets Served
7.17.5 Sandvik Recent Developments/Updates
7.18 Xiamen Tungsten
7.18.1 Xiamen Tungsten Cutting Tool Materials Company Information
7.18.2 Xiamen Tungsten Cutting Tool Materials Product Portfolio
7.18.3 Xiamen Tungsten Cutting Tool Materials Production, Value, Price and Gross Margin (2020-2025)
7.18.4 Xiamen Tungsten Main Business and Markets Served
7.18.5 Xiamen Tungsten Recent Developments/Updates
7.19 China Minmetals Corporation
7.19.1 China Minmetals Corporation Cutting Tool Materials Company Information
7.19.2 China Minmetals Corporation Cutting Tool Materials Product Portfolio
7.19.3 China Minmetals Corporation Cutting Tool Materials Production, Value, Price and Gross Margin (2020-2025)
7.19.4 China Minmetals Corporation Main Business and Markets Served
7.19.5 China Minmetals Corporation Recent Developments/Updates
7.20 Plansee(GTP)
7.20.1 Plansee(GTP) Cutting Tool Materials Company Information
7.20.2 Plansee(GTP) Cutting Tool Materials Product Portfolio
7.20.3 Plansee(GTP) Cutting Tool Materials Production, Value, Price and Gross Margin (2020-2025)
7.20.4 Plansee(GTP) Main Business and Markets Served
7.20.5 Plansee(GTP) Recent Developments/Updates
7.21 JXTC
7.21.1 JXTC Cutting Tool Materials Company Information
7.21.2 JXTC Cutting Tool Materials Product Portfolio
7.21.3 JXTC Cutting Tool Materials Production, Value, Price and Gross Margin (2020-2025)
7.21.4 JXTC Main Business and Markets Served
7.21.5 JXTC Recent Developments/Updates
7.22 Japan New Metals
7.22.1 Japan New Metals Cutting Tool Materials Company Information
7.22.2 Japan New Metals Cutting Tool Materials Product Portfolio
7.22.3 Japan New Metals Cutting Tool Materials Production, Value, Price and Gross Margin (2020-2025)
7.22.4 Japan New Metals Main Business and Markets Served
7.22.5 Japan New Metals Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Cutting Tool Materials Industry Chain Analysis
8.2 Cutting Tool Materials Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Cutting Tool Materials Production Mode & Process Analysis
8.4 Cutting Tool Materials Sales and Marketing
8.4.1 Cutting Tool Materials Sales Channels
8.4.2 Cutting Tool Materials Distributors
8.5 Cutting Tool Materials Customer Analysis
9 Cutting Tool Materials Market Dynamics
9.1 Cutting Tool Materials Industry Trends
9.2 Cutting Tool Materials Market Drivers
9.3 Cutting Tool Materials Market Challenges
9.4 Cutting Tool Materials Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
List of Tables
 Table 1. Global Cutting Tool Materials Market Value by Type, (US$ Million) & (2024 VS 2031)
 Table 2. Global Cutting Tool Materials Market Value by Application, (US$ Million) & (2024 VS 2031)
 Table 3. Global Cutting Tool Materials Production Capacity (Kiloton) by Manufacturers in 2024
 Table 4. Global Cutting Tool Materials Production by Manufacturers (2020-2025) & (Kiloton)
 Table 5. Global Cutting Tool Materials Production Market Share by Manufacturers (2020-2025)
 Table 6. Global Cutting Tool Materials Production Value by Manufacturers (2020-2025) & (US$ Million)
 Table 7. Global Cutting Tool Materials Production Value Share by Manufacturers (2020-2025)
 Table 8. Global Key Players of Cutting Tool Materials, Industry Ranking, 2023 VS 2024
 Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Cutting Tool Materials as of 2024)
 Table 10. Global Market Cutting Tool Materials Average Price by Manufacturers (US$/Ton) & (2020-2025)
 Table 11. Global Key Manufacturers of Cutting Tool Materials, Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of Cutting Tool Materials, Product Offered and Application
 Table 13. Global Key Manufacturers of Cutting Tool Materials, Date of Enter into This Industry
 Table 14. Global Cutting Tool Materials Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global Cutting Tool Materials Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global Cutting Tool Materials Production Value (US$ Million) by Region (2020-2025)
 Table 18. Global Cutting Tool Materials Production Value Market Share by Region (2020-2025)
 Table 19. Global Cutting Tool Materials Production Value (US$ Million) Forecast by Region (2026-2031)
 Table 20. Global Cutting Tool Materials Production Value Market Share Forecast by Region (2026-2031)
 Table 21. Global Cutting Tool Materials Production Comparison by Region: 2020 VS 2024 VS 2031 (Kiloton)
 Table 22. Global Cutting Tool Materials Production (Kiloton) by Region (2020-2025)
 Table 23. Global Cutting Tool Materials Production Market Share by Region (2020-2025)
 Table 24. Global Cutting Tool Materials Production (Kiloton) Forecast by Region (2026-2031)
 Table 25. Global Cutting Tool Materials Production Market Share Forecast by Region (2026-2031)
 Table 26. Global Cutting Tool Materials Market Average Price (US$/Ton) by Region (2020-2025)
 Table 27. Global Cutting Tool Materials Market Average Price (US$/Ton) by Region (2026-2031)
 Table 28. Global Cutting Tool Materials Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Kiloton)
 Table 29. Global Cutting Tool Materials Consumption by Region (2020-2025) & (Kiloton)
 Table 30. Global Cutting Tool Materials Consumption Market Share by Region (2020-2025)
 Table 31. Global Cutting Tool Materials Forecasted Consumption by Region (2026-2031) & (Kiloton)
 Table 32. Global Cutting Tool Materials Forecasted Consumption Market Share by Region (2026-2031)
 Table 33. North America Cutting Tool Materials Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Kiloton)
 Table 34. North America Cutting Tool Materials Consumption by Country (2020-2025) & (Kiloton)
 Table 35. North America Cutting Tool Materials Consumption by Country (2026-2031) & (Kiloton)
 Table 36. Europe Cutting Tool Materials Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Kiloton)
 Table 37. Europe Cutting Tool Materials Consumption by Country (2020-2025) & (Kiloton)
 Table 38. Europe Cutting Tool Materials Consumption by Country (2026-2031) & (Kiloton)
 Table 39. Asia Pacific Cutting Tool Materials Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Kiloton)
 Table 40. Asia Pacific Cutting Tool Materials Consumption by Region (2020-2025) & (Kiloton)
 Table 41. Asia Pacific Cutting Tool Materials Consumption by Region (2026-2031) & (Kiloton)
 Table 42. Latin America, Middle East & Africa Cutting Tool Materials Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Kiloton)
 Table 43. Latin America, Middle East & Africa Cutting Tool Materials Consumption by Country (2020-2025) & (Kiloton)
 Table 44. Latin America, Middle East & Africa Cutting Tool Materials Consumption by Country (2026-2031) & (Kiloton)
 Table 45. Global Cutting Tool Materials Production (Kiloton) by Type (2020-2025)
 Table 46. Global Cutting Tool Materials Production (Kiloton) by Type (2026-2031)
 Table 47. Global Cutting Tool Materials Production Market Share by Type (2020-2025)
 Table 48. Global Cutting Tool Materials Production Market Share by Type (2026-2031)
 Table 49. Global Cutting Tool Materials Production Value (US$ Million) by Type (2020-2025)
 Table 50. Global Cutting Tool Materials Production Value (US$ Million) by Type (2026-2031)
 Table 51. Global Cutting Tool Materials Production Value Market Share by Type (2020-2025)
 Table 52. Global Cutting Tool Materials Production Value Market Share by Type (2026-2031)
 Table 53. Global Cutting Tool Materials Price (US$/Ton) by Type (2020-2025)
 Table 54. Global Cutting Tool Materials Price (US$/Ton) by Type (2026-2031)
 Table 55. Global Cutting Tool Materials Production (Kiloton) by Application (2020-2025)
 Table 56. Global Cutting Tool Materials Production (Kiloton) by Application (2026-2031)
 Table 57. Global Cutting Tool Materials Production Market Share by Application (2020-2025)
 Table 58. Global Cutting Tool Materials Production Market Share by Application (2026-2031)
 Table 59. Global Cutting Tool Materials Production Value (US$ Million) by Application (2020-2025)
 Table 60. Global Cutting Tool Materials Production Value (US$ Million) by Application (2026-2031)
 Table 61. Global Cutting Tool Materials Production Value Market Share by Application (2020-2025)
 Table 62. Global Cutting Tool Materials Production Value Market Share by Application (2026-2031)
 Table 63. Global Cutting Tool Materials Price (US$/Ton) by Application (2020-2025)
 Table 64. Global Cutting Tool Materials Price (US$/Ton) by Application (2026-2031)
 Table 65. Bohler Uddeholm Cutting Tool Materials Company Information
 Table 66. Bohler Uddeholm Cutting Tool Materials Specification and Application
 Table 67. Bohler Uddeholm Cutting Tool Materials Production (Kiloton), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 68. Bohler Uddeholm Main Business and Markets Served
 Table 69. Bohler Uddeholm Recent Developments/Updates
 Table 70. Arthur R. Warner Cutting Tool Materials Company Information
 Table 71. Arthur R. Warner Cutting Tool Materials Specification and Application
 Table 72. Arthur R. Warner Cutting Tool Materials Production (Kiloton), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 73. Arthur R. Warner Main Business and Markets Served
 Table 74. Arthur R. Warner Recent Developments/Updates
 Table 75. NACHI-FUJIKOSHI Cutting Tool Materials Company Information
 Table 76. NACHI-FUJIKOSHI Cutting Tool Materials Specification and Application
 Table 77. NACHI-FUJIKOSHI Cutting Tool Materials Production (Kiloton), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 78. NACHI-FUJIKOSHI Main Business and Markets Served
 Table 79. NACHI-FUJIKOSHI Recent Developments/Updates
 Table 80. DAIDO STEEL Cutting Tool Materials Company Information
 Table 81. DAIDO STEEL Cutting Tool Materials Specification and Application
 Table 82. DAIDO STEEL Cutting Tool Materials Production (Kiloton), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 83. DAIDO STEEL Main Business and Markets Served
 Table 84. DAIDO STEEL Recent Developments/Updates
 Table 85. Hudson Tool Cutting Tool Materials Company Information
 Table 86. Hudson Tool Cutting Tool Materials Specification and Application
 Table 87. Hudson Tool Cutting Tool Materials Production (Kiloton), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 88. Hudson Tool Main Business and Markets Served
 Table 89. Hudson Tool Recent Developments/Updates
 Table 90. Rusal Cutting Tool Materials Company Information
 Table 91. Rusal Cutting Tool Materials Specification and Application
 Table 92. Rusal Cutting Tool Materials Production (Kiloton), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 93. Rusal Main Business and Markets Served
 Table 94. Rusal Recent Developments/Updates
 Table 95. CHALCO Cutting Tool Materials Company Information
 Table 96. CHALCO Cutting Tool Materials Specification and Application
 Table 97. CHALCO Cutting Tool Materials Production (Kiloton), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 98. CHALCO Main Business and Markets Served
 Table 99. CHALCO Recent Developments/Updates
 Table 100. Rochester Abrasives Cutting Tool Materials Company Information
 Table 101. Rochester Abrasives Cutting Tool Materials Specification and Application
 Table 102. Rochester Abrasives Cutting Tool Materials Production (Kiloton), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 103. Rochester Abrasives Main Business and Markets Served
 Table 104. Rochester Abrasives Recent Developments/Updates
 Table 105. Jinmeng Cutting Tool Materials Company Information
 Table 106. Jinmeng Cutting Tool Materials Specification and Application
 Table 107. Jinmeng Cutting Tool Materials Production (Kiloton), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 108. Jinmeng Main Business and Markets Served
 Table 109. Jinmeng Recent Developments/Updates
 Table 110. SAINT-GORBIN Cutting Tool Materials Company Information
 Table 111. SAINT-GORBIN Cutting Tool Materials Specification and Application
 Table 112. SAINT-GORBIN Cutting Tool Materials Production (Kiloton), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 113. SAINT-GORBIN Main Business and Markets Served
 Table 114. SAINT-GORBIN Recent Developments/Updates
 Table 115. Nippon Steel Corporation Cutting Tool Materials Company Information
 Table 116. Nippon Steel Corporation Cutting Tool Materials Specification and Application
 Table 117. Nippon Steel Corporation Cutting Tool Materials Production (Kiloton), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 118. Nippon Steel Corporation Main Business and Markets Served
 Table 119. Nippon Steel Corporation Recent Developments/Updates
 Table 120. Baowu Steel Cutting Tool Materials Company Information
 Table 121. Baowu Steel Cutting Tool Materials Specification and Application
 Table 122. Baowu Steel Cutting Tool Materials Production (Kiloton), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 123. Baowu Steel Main Business and Markets Served
 Table 124. Baowu Steel Recent Developments/Updates
 Table 125. Element Six Cutting Tool Materials Company Information
 Table 126. Element Six Cutting Tool Materials Specification and Application
 Table 127. Element Six Cutting Tool Materials Production (Kiloton), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 128. Element Six Main Business and Markets Served
 Table 129. Element Six Recent Developments/Updates
 Table 130. Sandvik Hyperion Cutting Tool Materials Company Information
 Table 131. Sandvik Hyperion Cutting Tool Materials Specification and Application
 Table 132. Sandvik Hyperion Cutting Tool Materials Production (Kiloton), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 133. Sandvik Hyperion Main Business and Markets Served
 Table 134. Sandvik Hyperion Recent Developments/Updates
 Table 135. ILJIN Diamond Cutting Tool Materials Company Information
 Table 136. ILJIN Diamond Cutting Tool Materials Specification and Application
 Table 137. ILJIN Diamond Cutting Tool Materials Production (Kiloton), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 138. ILJIN Diamond Main Business and Markets Served
 Table 139. ILJIN Diamond Recent Developments/Updates
 Table 140. Hitachi Cutting Tool Materials Company Information
 Table 141. Hitachi Cutting Tool Materials Specification and Application
 Table 142. Hitachi Cutting Tool Materials Production (Kiloton), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 143. Hitachi Main Business and Markets Served
 Table 144. Hitachi Recent Developments/Updates
 Table 145. Sandvik Cutting Tool Materials Company Information
 Table 146. Sandvik Cutting Tool Materials Specification and Application
 Table 147. Sandvik Cutting Tool Materials Production (Kiloton), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 148. Sandvik Main Business and Markets Served
 Table 149. Sandvik Recent Developments/Updates
 Table 150. Xiamen Tungsten Cutting Tool Materials Company Information
 Table 151. Xiamen Tungsten Cutting Tool Materials Specification and Application
 Table 152. Xiamen Tungsten Cutting Tool Materials Production (Kiloton), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 153. Xiamen Tungsten Main Business and Markets Served
 Table 154. Xiamen Tungsten Recent Developments/Updates
 Table 155. China Minmetals Corporation Cutting Tool Materials Company Information
 Table 156. China Minmetals Corporation Cutting Tool Materials Specification and Application
 Table 157. China Minmetals Corporation Cutting Tool Materials Production (Kiloton), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 158. China Minmetals Corporation Main Business and Markets Served
 Table 159. China Minmetals Corporation Recent Developments/Updates
 Table 160. Plansee(GTP) Cutting Tool Materials Company Information
 Table 161. Plansee(GTP) Cutting Tool Materials Specification and Application
 Table 162. Plansee(GTP) Cutting Tool Materials Production (Kiloton), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 163. Plansee(GTP) Main Business and Markets Served
 Table 164. Plansee(GTP) Recent Developments/Updates
 Table 165. JXTC Cutting Tool Materials Company Information
 Table 166. JXTC Cutting Tool Materials Specification and Application
 Table 167. JXTC Cutting Tool Materials Production (Kiloton), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 168. JXTC Main Business and Markets Served
 Table 169. JXTC Recent Developments/Updates
 Table 170. Japan New Metals Cutting Tool Materials Company Information
 Table 171. Japan New Metals Cutting Tool Materials Specification and Application
 Table 172. Japan New Metals Cutting Tool Materials Production (Kiloton), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 173. Japan New Metals Main Business and Markets Served
 Table 174. Japan New Metals Recent Developments/Updates
 Table 175. Key Raw Materials Lists
 Table 176. Raw Materials Key Suppliers Lists
 Table 177. Cutting Tool Materials Distributors List
 Table 178. Cutting Tool Materials Customers List
 Table 179. Cutting Tool Materials Market Trends
 Table 180. Cutting Tool Materials Market Drivers
 Table 181. Cutting Tool Materials Market Challenges
 Table 182. Cutting Tool Materials Market Restraints
 Table 183. Research Programs/Design for This Report
 Table 184. Key Data Information from Secondary Sources
 Table 185. Key Data Information from Primary Sources
 Table 186. Authors List of This Report


List of Figures
 Figure 1. Product Picture of Cutting Tool Materials
 Figure 2. Global Cutting Tool Materials Market Value by Type, (US$ Million) & (2020-2031)
 Figure 3. Global Cutting Tool Materials Market Share by Type: 2024 VS 2031
 Figure 4. Carbon Steel Product Picture
 Figure 5. High Speed Steel Product Picture
 Figure 6. Cemented Carbide Product Picture
 Figure 7. Ceramics Product Picture
 Figure 8. Other Product Picture
 Figure 9. Global Cutting Tool Materials Market Value by Application, (US$ Million) & (2020-2031)
 Figure 10. Global Cutting Tool Materials Market Share by Application: 2024 VS 2031
 Figure 11. General Manufacturing
 Figure 12. Automotive And Transportation
 Figure 13. Construction & Building
 Figure 14. Aerospace
 Figure 15. Other
 Figure 16. Global Cutting Tool Materials Production Value (US$ Million), 2020 VS 2024 VS 2031
 Figure 17. Global Cutting Tool Materials Production Value (US$ Million) & (2020-2031)
 Figure 18. Global Cutting Tool Materials Production Capacity (Kiloton) & (2020-2031)
 Figure 19. Global Cutting Tool Materials Production (Kiloton) & (2020-2031)
 Figure 20. Global Cutting Tool Materials Average Price (US$/Ton) & (2020-2031)
 Figure 21. Cutting Tool Materials Report Years Considered
 Figure 22. Cutting Tool Materials Production Share by Manufacturers in 2024
 Figure 23. Global Cutting Tool Materials Production Value Share by Manufacturers (2024)
 Figure 24. Cutting Tool Materials Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 25. The Global 5 and 10 Largest Players: Market Share by Cutting Tool Materials Revenue in 2024
 Figure 26. Global Cutting Tool Materials Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 27. Global Cutting Tool Materials Production Value Market Share by Region: 2020 VS 2024 VS 2031
 Figure 28. Global Cutting Tool Materials Production Comparison by Region: 2020 VS 2024 VS 2031 (Kiloton)
 Figure 29. Global Cutting Tool Materials Production Market Share by Region: 2020 VS 2024 VS 2031
 Figure 30. North America Cutting Tool Materials Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 31. Europe Cutting Tool Materials Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 32. China Cutting Tool Materials Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 33. Japan Cutting Tool Materials Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 34. Global Cutting Tool Materials Consumption by Region: 2020 VS 2024 VS 2031 (Kiloton)
 Figure 35. Global Cutting Tool Materials Consumption Market Share by Region: 2020 VS 2024 VS 2031
 Figure 36. North America Cutting Tool Materials Consumption and Growth Rate (2020-2031) & (Kiloton)
 Figure 37. North America Cutting Tool Materials Consumption Market Share by Country (2020-2031)
 Figure 38. U.S. Cutting Tool Materials Consumption and Growth Rate (2020-2031) & (Kiloton)
 Figure 39. Canada Cutting Tool Materials Consumption and Growth Rate (2020-2031) & (Kiloton)
 Figure 40. Europe Cutting Tool Materials Consumption and Growth Rate (2020-2031) & (Kiloton)
 Figure 41. Europe Cutting Tool Materials Consumption Market Share by Country (2020-2031)
 Figure 42. Germany Cutting Tool Materials Consumption and Growth Rate (2020-2031) & (Kiloton)
 Figure 43. France Cutting Tool Materials Consumption and Growth Rate (2020-2031) & (Kiloton)
 Figure 44. U.K. Cutting Tool Materials Consumption and Growth Rate (2020-2031) & (Kiloton)
 Figure 45. Italy Cutting Tool Materials Consumption and Growth Rate (2020-2031) & (Kiloton)
 Figure 46. Russia Cutting Tool Materials Consumption and Growth Rate (2020-2031) & (Kiloton)
 Figure 47. Asia Pacific Cutting Tool Materials Consumption and Growth Rate (2020-2031) & (Kiloton)
 Figure 48. Asia Pacific Cutting Tool Materials Consumption Market Share by Region (2020-2031)
 Figure 49. China Cutting Tool Materials Consumption and Growth Rate (2020-2031) & (Kiloton)
 Figure 50. Japan Cutting Tool Materials Consumption and Growth Rate (2020-2031) & (Kiloton)
 Figure 51. South Korea Cutting Tool Materials Consumption and Growth Rate (2020-2031) & (Kiloton)
 Figure 52. China Taiwan Cutting Tool Materials Consumption and Growth Rate (2020-2031) & (Kiloton)
 Figure 53. Southeast Asia Cutting Tool Materials Consumption and Growth Rate (2020-2031) & (Kiloton)
 Figure 54. India Cutting Tool Materials Consumption and Growth Rate (2020-2031) & (Kiloton)
 Figure 55. Latin America, Middle East & Africa Cutting Tool Materials Consumption and Growth Rate (2020-2031) & (Kiloton)
 Figure 56. Latin America, Middle East & Africa Cutting Tool Materials Consumption Market Share by Country (2020-2031)
 Figure 57. Mexico Cutting Tool Materials Consumption and Growth Rate (2020-2031) & (Kiloton)
 Figure 58. Brazil Cutting Tool Materials Consumption and Growth Rate (2020-2031) & (Kiloton)
 Figure 59. Turkey Cutting Tool Materials Consumption and Growth Rate (2020-2031) & (Kiloton)
 Figure 60. GCC Countries Cutting Tool Materials Consumption and Growth Rate (2020-2031) & (Kiloton)
 Figure 61. Global Production Market Share of Cutting Tool Materials by Type (2020-2031)
 Figure 62. Global Production Value Market Share of Cutting Tool Materials by Type (2020-2031)
 Figure 63. Global Cutting Tool Materials Price (US$/Ton) by Type (2020-2031)
 Figure 64. Global Production Market Share of Cutting Tool Materials by Application (2020-2031)
 Figure 65. Global Production Value Market Share of Cutting Tool Materials by Application (2020-2031)
 Figure 66. Global Cutting Tool Materials Price (US$/Ton) by Application (2020-2031)
 Figure 67. Cutting Tool Materials Value Chain
 Figure 68. Channels of Distribution (Direct Vs Distribution)
 Figure 69. Bottom-up and Top-down Approaches for This Report
 Figure 70. Data Triangulation
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