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Global Machine Tool Steel Market Research Report 2025
Published Date: January 2025
|
Report Code: QYRE-Auto-34C9786
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Global Machine Tool Steel Market Insights Forecast to 2028
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Global Machine Tool Steel Market Research Report 2025

Code: QYRE-Auto-34C9786
Report
January 2025
Pages:124
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
Nachi-Fujikoshi Corporation
Daido Steel
Voestalpine AG
Sandvik Materials Technology
Kennametal
Hudson Tool Steel
Erasteel
Friedr. Lohmann
ArcelorMittal
Thyssenkrupp AG
Tiangong International
Guhring
HEYE Special Steel
Nippon Koshuha Steel
OSG Corporation
Carpenter
Graphite India
Tivoly
Crucible Industries
Dneprospetsstal
Jiangsu Fuda Special Steel
Feida Group
West Yorkshire Steel
BIG Kaiser Precision Tooling
Onsurd

Machine Tool Steel Market Size

The global market for Machine Tool Steel was valued at US$ 409 million in the year 2024 and is projected to reach a revised size of US$ 638 million by 2031, growing at a CAGR of 6.7% during the forecast period.

Machine Tool Steel Market

Machine Tool Steel Market

North American market for Machine Tool Steel is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Machine Tool Steel is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Machine Tool Steel include Nachi-Fujikoshi Corporation, Daido Steel, Voestalpine, Sandvik Materials Technology, Kennametal, Hudson Tool Steel, Erasteel, Friedr. Lohmann, Arcelormittal, Thyssenkrupp, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Machine Tool Steel, 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 Machine Tool Steel.
The Machine Tool Steel market size, estimations, and forecasts are provided in terms of output/shipments (MT) 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 Machine Tool Steel 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 Machine Tool Steel 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 Machine Tool Steel Market Report

Report Metric Details
Report Name Machine Tool Steel Market
Accounted market size in year US$ 409 million
Forecasted market size in 2031 US$ 638 million
CAGR 6.7%
Base Year year
Forecasted years 2025 - 2031
by Type
by Application
  • Automotive Industry
  • Plastic Industry
  • Aerospace Industry
  • Energy Sector
  • Others
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 Nachi-Fujikoshi Corporation, Daido Steel, Voestalpine, Sandvik Materials Technology, Kennametal, Hudson Tool Steel, Erasteel, Friedr. Lohmann, Arcelormittal, Thyssenkrupp, Tiangong International, Guhring, Heye Special Steel, Nippon Koshuha Steel, OSG Corporation, Carpenter, Graphite India, Tivoly, Crucible Industries, Dneprospetsstal, Jiangsu Fuda Special Steel, Feida Group, West Yorkshire Steel, Big Kaiser Precision Tooling, Onsurd
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 Machine Tool Steel manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: Production/output, value of Machine Tool Steel 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 Machine Tool Steel 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 Machine Tool Steel Market growing?

Ans: The Machine Tool Steel Market witnessing a CAGR of 6.7% during the forecast period 2025-2031.

What is the Machine Tool Steel Market size in 2031?

Ans: The Machine Tool Steel Market size in 2031 will be US$ 638 million.

Who are the main players in the Machine Tool Steel Market report?

Ans: The main players in the Machine Tool Steel Market are Nachi-Fujikoshi Corporation, Daido Steel, Voestalpine, Sandvik Materials Technology, Kennametal, Hudson Tool Steel, Erasteel, Friedr. Lohmann, Arcelormittal, Thyssenkrupp, Tiangong International, Guhring, Heye Special Steel, Nippon Koshuha Steel, OSG Corporation, Carpenter, Graphite India, Tivoly, Crucible Industries, Dneprospetsstal, Jiangsu Fuda Special Steel, Feida Group, West Yorkshire Steel, Big Kaiser Precision Tooling, Onsurd

What are the Application segmentation covered in the Machine Tool Steel Market report?

Ans: The Applications covered in the Machine Tool Steel Market report are Automotive Industry, Plastic Industry, Aerospace Industry, Energy Sector, Others

What are the Type segmentation covered in the Machine Tool Steel Market report?

Ans: The Types covered in the Machine Tool Steel Market report are Hot-work Steel, Cold-work Steel, Plastics Mold Steel, High Speed Steel, Others

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1 Machine Tool Steel Market Overview
1.1 Product Definition
1.2 Machine Tool Steel by Type
1.2.1 Global Machine Tool Steel Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Hot-work Steel
1.2.3 Cold-work Steel
1.2.4 Plastics Mold Steel
1.2.5 High Speed Steel
1.2.6 Others
1.3 Machine Tool Steel by Application
1.3.1 Global Machine Tool Steel Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Automotive Industry
1.3.3 Plastic Industry
1.3.4 Aerospace Industry
1.3.5 Energy Sector
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Machine Tool Steel Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Machine Tool Steel Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Machine Tool Steel Production Estimates and Forecasts (2020-2031)
1.4.4 Global Machine Tool Steel Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Machine Tool Steel Production Market Share by Manufacturers (2020-2025)
2.2 Global Machine Tool Steel Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Machine Tool Steel, Industry Ranking, 2023 VS 2024
2.4 Global Machine Tool Steel Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Machine Tool Steel Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Machine Tool Steel, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Machine Tool Steel, Product Offered and Application
2.8 Global Key Manufacturers of Machine Tool Steel, Date of Enter into This Industry
2.9 Machine Tool Steel Market Competitive Situation and Trends
2.9.1 Machine Tool Steel Market Concentration Rate
2.9.2 Global 5 and 10 Largest Machine Tool Steel Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Machine Tool Steel Production by Region
3.1 Global Machine Tool Steel Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Machine Tool Steel Production Value by Region (2020-2031)
3.2.1 Global Machine Tool Steel Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Machine Tool Steel by Region (2026-2031)
3.3 Global Machine Tool Steel Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Machine Tool Steel Production Volume by Region (2020-2031)
3.4.1 Global Machine Tool Steel Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Machine Tool Steel by Region (2026-2031)
3.5 Global Machine Tool Steel Market Price Analysis by Region (2020-2025)
3.6 Global Machine Tool Steel Production and Value, Year-over-Year Growth
3.6.1 North America Machine Tool Steel Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Machine Tool Steel Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Machine Tool Steel Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Machine Tool Steel Production Value Estimates and Forecasts (2020-2031)
4 Machine Tool Steel Consumption by Region
4.1 Global Machine Tool Steel Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Machine Tool Steel Consumption by Region (2020-2031)
4.2.1 Global Machine Tool Steel Consumption by Region (2020-2025)
4.2.2 Global Machine Tool Steel Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Machine Tool Steel Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Machine Tool Steel Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Machine Tool Steel Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Machine Tool Steel 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 Machine Tool Steel Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Machine Tool Steel 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 Machine Tool Steel Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Machine Tool Steel 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 Machine Tool Steel Production by Type (2020-2031)
5.1.1 Global Machine Tool Steel Production by Type (2020-2025)
5.1.2 Global Machine Tool Steel Production by Type (2026-2031)
5.1.3 Global Machine Tool Steel Production Market Share by Type (2020-2031)
5.2 Global Machine Tool Steel Production Value by Type (2020-2031)
5.2.1 Global Machine Tool Steel Production Value by Type (2020-2025)
5.2.2 Global Machine Tool Steel Production Value by Type (2026-2031)
5.2.3 Global Machine Tool Steel Production Value Market Share by Type (2020-2031)
5.3 Global Machine Tool Steel Price by Type (2020-2031)
6 Segment by Application
6.1 Global Machine Tool Steel Production by Application (2020-2031)
6.1.1 Global Machine Tool Steel Production by Application (2020-2025)
6.1.2 Global Machine Tool Steel Production by Application (2026-2031)
6.1.3 Global Machine Tool Steel Production Market Share by Application (2020-2031)
6.2 Global Machine Tool Steel Production Value by Application (2020-2031)
6.2.1 Global Machine Tool Steel Production Value by Application (2020-2025)
6.2.2 Global Machine Tool Steel Production Value by Application (2026-2031)
6.2.3 Global Machine Tool Steel Production Value Market Share by Application (2020-2031)
6.3 Global Machine Tool Steel Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Nachi-Fujikoshi Corporation
7.1.1 Nachi-Fujikoshi Corporation Machine Tool Steel Company Information
7.1.2 Nachi-Fujikoshi Corporation Machine Tool Steel Product Portfolio
7.1.3 Nachi-Fujikoshi Corporation Machine Tool Steel Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Nachi-Fujikoshi Corporation Main Business and Markets Served
7.1.5 Nachi-Fujikoshi Corporation Recent Developments/Updates
7.2 Daido Steel
7.2.1 Daido Steel Machine Tool Steel Company Information
7.2.2 Daido Steel Machine Tool Steel Product Portfolio
7.2.3 Daido Steel Machine Tool Steel Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Daido Steel Main Business and Markets Served
7.2.5 Daido Steel Recent Developments/Updates
7.3 Voestalpine
7.3.1 Voestalpine Machine Tool Steel Company Information
7.3.2 Voestalpine Machine Tool Steel Product Portfolio
7.3.3 Voestalpine Machine Tool Steel Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Voestalpine Main Business and Markets Served
7.3.5 Voestalpine Recent Developments/Updates
7.4 Sandvik Materials Technology
7.4.1 Sandvik Materials Technology Machine Tool Steel Company Information
7.4.2 Sandvik Materials Technology Machine Tool Steel Product Portfolio
7.4.3 Sandvik Materials Technology Machine Tool Steel Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Sandvik Materials Technology Main Business and Markets Served
7.4.5 Sandvik Materials Technology Recent Developments/Updates
7.5 Kennametal
7.5.1 Kennametal Machine Tool Steel Company Information
7.5.2 Kennametal Machine Tool Steel Product Portfolio
7.5.3 Kennametal Machine Tool Steel Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Kennametal Main Business and Markets Served
7.5.5 Kennametal Recent Developments/Updates
7.6 Hudson Tool Steel
7.6.1 Hudson Tool Steel Machine Tool Steel Company Information
7.6.2 Hudson Tool Steel Machine Tool Steel Product Portfolio
7.6.3 Hudson Tool Steel Machine Tool Steel Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Hudson Tool Steel Main Business and Markets Served
7.6.5 Hudson Tool Steel Recent Developments/Updates
7.7 Erasteel
7.7.1 Erasteel Machine Tool Steel Company Information
7.7.2 Erasteel Machine Tool Steel Product Portfolio
7.7.3 Erasteel Machine Tool Steel Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Erasteel Main Business and Markets Served
7.7.5 Erasteel Recent Developments/Updates
7.8 Friedr. Lohmann
7.8.1 Friedr. Lohmann Machine Tool Steel Company Information
7.8.2 Friedr. Lohmann Machine Tool Steel Product Portfolio
7.8.3 Friedr. Lohmann Machine Tool Steel Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Friedr. Lohmann Main Business and Markets Served
7.8.5 Friedr. Lohmann Recent Developments/Updates
7.9 Arcelormittal
7.9.1 Arcelormittal Machine Tool Steel Company Information
7.9.2 Arcelormittal Machine Tool Steel Product Portfolio
7.9.3 Arcelormittal Machine Tool Steel Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Arcelormittal Main Business and Markets Served
7.9.5 Arcelormittal Recent Developments/Updates
7.10 Thyssenkrupp
7.10.1 Thyssenkrupp Machine Tool Steel Company Information
7.10.2 Thyssenkrupp Machine Tool Steel Product Portfolio
7.10.3 Thyssenkrupp Machine Tool Steel Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Thyssenkrupp Main Business and Markets Served
7.10.5 Thyssenkrupp Recent Developments/Updates
7.11 Tiangong International
7.11.1 Tiangong International Machine Tool Steel Company Information
7.11.2 Tiangong International Machine Tool Steel Product Portfolio
7.11.3 Tiangong International Machine Tool Steel Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Tiangong International Main Business and Markets Served
7.11.5 Tiangong International Recent Developments/Updates
7.12 Guhring
7.12.1 Guhring Machine Tool Steel Company Information
7.12.2 Guhring Machine Tool Steel Product Portfolio
7.12.3 Guhring Machine Tool Steel Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Guhring Main Business and Markets Served
7.12.5 Guhring Recent Developments/Updates
7.13 Heye Special Steel
7.13.1 Heye Special Steel Machine Tool Steel Company Information
7.13.2 Heye Special Steel Machine Tool Steel Product Portfolio
7.13.3 Heye Special Steel Machine Tool Steel Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Heye Special Steel Main Business and Markets Served
7.13.5 Heye Special Steel Recent Developments/Updates
7.14 Nippon Koshuha Steel
7.14.1 Nippon Koshuha Steel Machine Tool Steel Company Information
7.14.2 Nippon Koshuha Steel Machine Tool Steel Product Portfolio
7.14.3 Nippon Koshuha Steel Machine Tool Steel Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Nippon Koshuha Steel Main Business and Markets Served
7.14.5 Nippon Koshuha Steel Recent Developments/Updates
7.15 OSG Corporation
7.15.1 OSG Corporation Machine Tool Steel Company Information
7.15.2 OSG Corporation Machine Tool Steel Product Portfolio
7.15.3 OSG Corporation Machine Tool Steel Production, Value, Price and Gross Margin (2020-2025)
7.15.4 OSG Corporation Main Business and Markets Served
7.15.5 OSG Corporation Recent Developments/Updates
7.16 Carpenter
7.16.1 Carpenter Machine Tool Steel Company Information
7.16.2 Carpenter Machine Tool Steel Product Portfolio
7.16.3 Carpenter Machine Tool Steel Production, Value, Price and Gross Margin (2020-2025)
7.16.4 Carpenter Main Business and Markets Served
7.16.5 Carpenter Recent Developments/Updates
7.17 Graphite India
7.17.1 Graphite India Machine Tool Steel Company Information
7.17.2 Graphite India Machine Tool Steel Product Portfolio
7.17.3 Graphite India Machine Tool Steel Production, Value, Price and Gross Margin (2020-2025)
7.17.4 Graphite India Main Business and Markets Served
7.17.5 Graphite India Recent Developments/Updates
7.18 Tivoly
7.18.1 Tivoly Machine Tool Steel Company Information
7.18.2 Tivoly Machine Tool Steel Product Portfolio
7.18.3 Tivoly Machine Tool Steel Production, Value, Price and Gross Margin (2020-2025)
7.18.4 Tivoly Main Business and Markets Served
7.18.5 Tivoly Recent Developments/Updates
7.19 Crucible Industries
7.19.1 Crucible Industries Machine Tool Steel Company Information
7.19.2 Crucible Industries Machine Tool Steel Product Portfolio
7.19.3 Crucible Industries Machine Tool Steel Production, Value, Price and Gross Margin (2020-2025)
7.19.4 Crucible Industries Main Business and Markets Served
7.19.5 Crucible Industries Recent Developments/Updates
7.20 Dneprospetsstal
7.20.1 Dneprospetsstal Machine Tool Steel Company Information
7.20.2 Dneprospetsstal Machine Tool Steel Product Portfolio
7.20.3 Dneprospetsstal Machine Tool Steel Production, Value, Price and Gross Margin (2020-2025)
7.20.4 Dneprospetsstal Main Business and Markets Served
7.20.5 Dneprospetsstal Recent Developments/Updates
7.21 Jiangsu Fuda Special Steel
7.21.1 Jiangsu Fuda Special Steel Machine Tool Steel Company Information
7.21.2 Jiangsu Fuda Special Steel Machine Tool Steel Product Portfolio
7.21.3 Jiangsu Fuda Special Steel Machine Tool Steel Production, Value, Price and Gross Margin (2020-2025)
7.21.4 Jiangsu Fuda Special Steel Main Business and Markets Served
7.21.5 Jiangsu Fuda Special Steel Recent Developments/Updates
7.22 Feida Group
7.22.1 Feida Group Machine Tool Steel Company Information
7.22.2 Feida Group Machine Tool Steel Product Portfolio
7.22.3 Feida Group Machine Tool Steel Production, Value, Price and Gross Margin (2020-2025)
7.22.4 Feida Group Main Business and Markets Served
7.22.5 Feida Group Recent Developments/Updates
7.23 West Yorkshire Steel
7.23.1 West Yorkshire Steel Machine Tool Steel Company Information
7.23.2 West Yorkshire Steel Machine Tool Steel Product Portfolio
7.23.3 West Yorkshire Steel Machine Tool Steel Production, Value, Price and Gross Margin (2020-2025)
7.23.4 West Yorkshire Steel Main Business and Markets Served
7.23.5 West Yorkshire Steel Recent Developments/Updates
7.24 Big Kaiser Precision Tooling
7.24.1 Big Kaiser Precision Tooling Machine Tool Steel Company Information
7.24.2 Big Kaiser Precision Tooling Machine Tool Steel Product Portfolio
7.24.3 Big Kaiser Precision Tooling Machine Tool Steel Production, Value, Price and Gross Margin (2020-2025)
7.24.4 Big Kaiser Precision Tooling Main Business and Markets Served
7.24.5 Big Kaiser Precision Tooling Recent Developments/Updates
7.25 Onsurd
7.25.1 Onsurd Machine Tool Steel Company Information
7.25.2 Onsurd Machine Tool Steel Product Portfolio
7.25.3 Onsurd Machine Tool Steel Production, Value, Price and Gross Margin (2020-2025)
7.25.4 Onsurd Main Business and Markets Served
7.25.5 Onsurd Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Machine Tool Steel Industry Chain Analysis
8.2 Machine Tool Steel Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Machine Tool Steel Production Mode & Process Analysis
8.4 Machine Tool Steel Sales and Marketing
8.4.1 Machine Tool Steel Sales Channels
8.4.2 Machine Tool Steel Distributors
8.5 Machine Tool Steel Customer Analysis
9 Machine Tool Steel Market Dynamics
9.1 Machine Tool Steel Industry Trends
9.2 Machine Tool Steel Market Drivers
9.3 Machine Tool Steel Market Challenges
9.4 Machine Tool Steel 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
FEATURED COMPANIES
Nachi-Fujikoshi Corporation
Daido Steel
Voestalpine AG
Sandvik Materials Technology
Kennametal
Hudson Tool Steel
Erasteel
Friedr. Lohmann
ArcelorMittal
Thyssenkrupp AG
Tiangong International
Guhring
HEYE Special Steel
Nippon Koshuha Steel
OSG Corporation
Carpenter
Graphite India
Tivoly
Crucible Industries
Dneprospetsstal
Jiangsu Fuda Special Steel
Feida Group
West Yorkshire Steel
BIG Kaiser Precision Tooling
Onsurd
List of Tables
 Table 1. Global Machine Tool Steel Market Value by Type, (US$ Million) & (2024 VS 2031)
 Table 2. Global Machine Tool Steel Market Value by Application, (US$ Million) & (2024 VS 2031)
 Table 3. Global Machine Tool Steel Production Capacity (MT) by Manufacturers in 2024
 Table 4. Global Machine Tool Steel Production by Manufacturers (2020-2025) & (MT)
 Table 5. Global Machine Tool Steel Production Market Share by Manufacturers (2020-2025)
 Table 6. Global Machine Tool Steel Production Value by Manufacturers (2020-2025) & (US$ Million)
 Table 7. Global Machine Tool Steel Production Value Share by Manufacturers (2020-2025)
 Table 8. Global Key Players of Machine Tool Steel, Industry Ranking, 2023 VS 2024
 Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Machine Tool Steel as of 2024)
 Table 10. Global Market Machine Tool Steel Average Price by Manufacturers (USD/MT) & (2020-2025)
 Table 11. Global Key Manufacturers of Machine Tool Steel, Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of Machine Tool Steel, Product Offered and Application
 Table 13. Global Key Manufacturers of Machine Tool Steel, Date of Enter into This Industry
 Table 14. Global Machine Tool Steel Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global Machine Tool Steel Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global Machine Tool Steel Production Value (US$ Million) by Region (2020-2025)
 Table 18. Global Machine Tool Steel Production Value Market Share by Region (2020-2025)
 Table 19. Global Machine Tool Steel Production Value (US$ Million) Forecast by Region (2026-2031)
 Table 20. Global Machine Tool Steel Production Value Market Share Forecast by Region (2026-2031)
 Table 21. Global Machine Tool Steel Production Comparison by Region: 2020 VS 2024 VS 2031 (MT)
 Table 22. Global Machine Tool Steel Production (MT) by Region (2020-2025)
 Table 23. Global Machine Tool Steel Production Market Share by Region (2020-2025)
 Table 24. Global Machine Tool Steel Production (MT) Forecast by Region (2026-2031)
 Table 25. Global Machine Tool Steel Production Market Share Forecast by Region (2026-2031)
 Table 26. Global Machine Tool Steel Market Average Price (USD/MT) by Region (2020-2025)
 Table 27. Global Machine Tool Steel Market Average Price (USD/MT) by Region (2026-2031)
 Table 28. Global Machine Tool Steel Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (MT)
 Table 29. Global Machine Tool Steel Consumption by Region (2020-2025) & (MT)
 Table 30. Global Machine Tool Steel Consumption Market Share by Region (2020-2025)
 Table 31. Global Machine Tool Steel Forecasted Consumption by Region (2026-2031) & (MT)
 Table 32. Global Machine Tool Steel Forecasted Consumption Market Share by Region (2026-2031)
 Table 33. North America Machine Tool Steel Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (MT)
 Table 34. North America Machine Tool Steel Consumption by Country (2020-2025) & (MT)
 Table 35. North America Machine Tool Steel Consumption by Country (2026-2031) & (MT)
 Table 36. Europe Machine Tool Steel Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (MT)
 Table 37. Europe Machine Tool Steel Consumption by Country (2020-2025) & (MT)
 Table 38. Europe Machine Tool Steel Consumption by Country (2026-2031) & (MT)
 Table 39. Asia Pacific Machine Tool Steel Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (MT)
 Table 40. Asia Pacific Machine Tool Steel Consumption by Region (2020-2025) & (MT)
 Table 41. Asia Pacific Machine Tool Steel Consumption by Region (2026-2031) & (MT)
 Table 42. Latin America, Middle East & Africa Machine Tool Steel Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (MT)
 Table 43. Latin America, Middle East & Africa Machine Tool Steel Consumption by Country (2020-2025) & (MT)
 Table 44. Latin America, Middle East & Africa Machine Tool Steel Consumption by Country (2026-2031) & (MT)
 Table 45. Global Machine Tool Steel Production (MT) by Type (2020-2025)
 Table 46. Global Machine Tool Steel Production (MT) by Type (2026-2031)
 Table 47. Global Machine Tool Steel Production Market Share by Type (2020-2025)
 Table 48. Global Machine Tool Steel Production Market Share by Type (2026-2031)
 Table 49. Global Machine Tool Steel Production Value (US$ Million) by Type (2020-2025)
 Table 50. Global Machine Tool Steel Production Value (US$ Million) by Type (2026-2031)
 Table 51. Global Machine Tool Steel Production Value Market Share by Type (2020-2025)
 Table 52. Global Machine Tool Steel Production Value Market Share by Type (2026-2031)
 Table 53. Global Machine Tool Steel Price (USD/MT) by Type (2020-2025)
 Table 54. Global Machine Tool Steel Price (USD/MT) by Type (2026-2031)
 Table 55. Global Machine Tool Steel Production (MT) by Application (2020-2025)
 Table 56. Global Machine Tool Steel Production (MT) by Application (2026-2031)
 Table 57. Global Machine Tool Steel Production Market Share by Application (2020-2025)
 Table 58. Global Machine Tool Steel Production Market Share by Application (2026-2031)
 Table 59. Global Machine Tool Steel Production Value (US$ Million) by Application (2020-2025)
 Table 60. Global Machine Tool Steel Production Value (US$ Million) by Application (2026-2031)
 Table 61. Global Machine Tool Steel Production Value Market Share by Application (2020-2025)
 Table 62. Global Machine Tool Steel Production Value Market Share by Application (2026-2031)
 Table 63. Global Machine Tool Steel Price (USD/MT) by Application (2020-2025)
 Table 64. Global Machine Tool Steel Price (USD/MT) by Application (2026-2031)
 Table 65. Nachi-Fujikoshi Corporation Machine Tool Steel Company Information
 Table 66. Nachi-Fujikoshi Corporation Machine Tool Steel Specification and Application
 Table 67. Nachi-Fujikoshi Corporation Machine Tool Steel Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 68. Nachi-Fujikoshi Corporation Main Business and Markets Served
 Table 69. Nachi-Fujikoshi Corporation Recent Developments/Updates
 Table 70. Daido Steel Machine Tool Steel Company Information
 Table 71. Daido Steel Machine Tool Steel Specification and Application
 Table 72. Daido Steel Machine Tool Steel Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 73. Daido Steel Main Business and Markets Served
 Table 74. Daido Steel Recent Developments/Updates
 Table 75. Voestalpine Machine Tool Steel Company Information
 Table 76. Voestalpine Machine Tool Steel Specification and Application
 Table 77. Voestalpine Machine Tool Steel Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 78. Voestalpine Main Business and Markets Served
 Table 79. Voestalpine Recent Developments/Updates
 Table 80. Sandvik Materials Technology Machine Tool Steel Company Information
 Table 81. Sandvik Materials Technology Machine Tool Steel Specification and Application
 Table 82. Sandvik Materials Technology Machine Tool Steel Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 83. Sandvik Materials Technology Main Business and Markets Served
 Table 84. Sandvik Materials Technology Recent Developments/Updates
 Table 85. Kennametal Machine Tool Steel Company Information
 Table 86. Kennametal Machine Tool Steel Specification and Application
 Table 87. Kennametal Machine Tool Steel Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 88. Kennametal Main Business and Markets Served
 Table 89. Kennametal Recent Developments/Updates
 Table 90. Hudson Tool Steel Machine Tool Steel Company Information
 Table 91. Hudson Tool Steel Machine Tool Steel Specification and Application
 Table 92. Hudson Tool Steel Machine Tool Steel Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 93. Hudson Tool Steel Main Business and Markets Served
 Table 94. Hudson Tool Steel Recent Developments/Updates
 Table 95. Erasteel Machine Tool Steel Company Information
 Table 96. Erasteel Machine Tool Steel Specification and Application
 Table 97. Erasteel Machine Tool Steel Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 98. Erasteel Main Business and Markets Served
 Table 99. Erasteel Recent Developments/Updates
 Table 100. Friedr. Lohmann Machine Tool Steel Company Information
 Table 101. Friedr. Lohmann Machine Tool Steel Specification and Application
 Table 102. Friedr. Lohmann Machine Tool Steel Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 103. Friedr. Lohmann Main Business and Markets Served
 Table 104. Friedr. Lohmann Recent Developments/Updates
 Table 105. Arcelormittal Machine Tool Steel Company Information
 Table 106. Arcelormittal Machine Tool Steel Specification and Application
 Table 107. Arcelormittal Machine Tool Steel Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 108. Arcelormittal Main Business and Markets Served
 Table 109. Arcelormittal Recent Developments/Updates
 Table 110. Thyssenkrupp Machine Tool Steel Company Information
 Table 111. Thyssenkrupp Machine Tool Steel Specification and Application
 Table 112. Thyssenkrupp Machine Tool Steel Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 113. Thyssenkrupp Main Business and Markets Served
 Table 114. Thyssenkrupp Recent Developments/Updates
 Table 115. Tiangong International Machine Tool Steel Company Information
 Table 116. Tiangong International Machine Tool Steel Specification and Application
 Table 117. Tiangong International Machine Tool Steel Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 118. Tiangong International Main Business and Markets Served
 Table 119. Tiangong International Recent Developments/Updates
 Table 120. Guhring Machine Tool Steel Company Information
 Table 121. Guhring Machine Tool Steel Specification and Application
 Table 122. Guhring Machine Tool Steel Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 123. Guhring Main Business and Markets Served
 Table 124. Guhring Recent Developments/Updates
 Table 125. Heye Special Steel Machine Tool Steel Company Information
 Table 126. Heye Special Steel Machine Tool Steel Specification and Application
 Table 127. Heye Special Steel Machine Tool Steel Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 128. Heye Special Steel Main Business and Markets Served
 Table 129. Heye Special Steel Recent Developments/Updates
 Table 130. Nippon Koshuha Steel Machine Tool Steel Company Information
 Table 131. Nippon Koshuha Steel Machine Tool Steel Specification and Application
 Table 132. Nippon Koshuha Steel Machine Tool Steel Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 133. Nippon Koshuha Steel Main Business and Markets Served
 Table 134. Nippon Koshuha Steel Recent Developments/Updates
 Table 135. OSG Corporation Machine Tool Steel Company Information
 Table 136. OSG Corporation Machine Tool Steel Specification and Application
 Table 137. OSG Corporation Machine Tool Steel Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 138. OSG Corporation Main Business and Markets Served
 Table 139. OSG Corporation Recent Developments/Updates
 Table 140. Carpenter Machine Tool Steel Company Information
 Table 141. Carpenter Machine Tool Steel Specification and Application
 Table 142. Carpenter Machine Tool Steel Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 143. Carpenter Main Business and Markets Served
 Table 144. Carpenter Recent Developments/Updates
 Table 145. Graphite India Machine Tool Steel Company Information
 Table 146. Graphite India Machine Tool Steel Specification and Application
 Table 147. Graphite India Machine Tool Steel Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 148. Graphite India Main Business and Markets Served
 Table 149. Graphite India Recent Developments/Updates
 Table 150. Tivoly Machine Tool Steel Company Information
 Table 151. Tivoly Machine Tool Steel Specification and Application
 Table 152. Tivoly Machine Tool Steel Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 153. Tivoly Main Business and Markets Served
 Table 154. Tivoly Recent Developments/Updates
 Table 155. Crucible Industries Machine Tool Steel Company Information
 Table 156. Crucible Industries Machine Tool Steel Specification and Application
 Table 157. Crucible Industries Machine Tool Steel Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 158. Crucible Industries Main Business and Markets Served
 Table 159. Crucible Industries Recent Developments/Updates
 Table 160. Dneprospetsstal Machine Tool Steel Company Information
 Table 161. Dneprospetsstal Machine Tool Steel Specification and Application
 Table 162. Dneprospetsstal Machine Tool Steel Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 163. Dneprospetsstal Main Business and Markets Served
 Table 164. Dneprospetsstal Recent Developments/Updates
 Table 165. Jiangsu Fuda Special Steel Machine Tool Steel Company Information
 Table 166. Jiangsu Fuda Special Steel Machine Tool Steel Specification and Application
 Table 167. Jiangsu Fuda Special Steel Machine Tool Steel Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 168. Jiangsu Fuda Special Steel Main Business and Markets Served
 Table 169. Jiangsu Fuda Special Steel Recent Developments/Updates
 Table 170. Feida Group Machine Tool Steel Company Information
 Table 171. Feida Group Machine Tool Steel Specification and Application
 Table 172. Feida Group Machine Tool Steel Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 173. Feida Group Main Business and Markets Served
 Table 174. Feida Group Recent Developments/Updates
 Table 175. West Yorkshire Steel Machine Tool Steel Company Information
 Table 176. West Yorkshire Steel Machine Tool Steel Specification and Application
 Table 177. West Yorkshire Steel Machine Tool Steel Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 178. West Yorkshire Steel Main Business and Markets Served
 Table 179. West Yorkshire Steel Recent Developments/Updates
 Table 180. Big Kaiser Precision Tooling Machine Tool Steel Company Information
 Table 181. Big Kaiser Precision Tooling Machine Tool Steel Specification and Application
 Table 182. Big Kaiser Precision Tooling Machine Tool Steel Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 183. Big Kaiser Precision Tooling Main Business and Markets Served
 Table 184. Big Kaiser Precision Tooling Recent Developments/Updates
 Table 185. Onsurd Machine Tool Steel Company Information
 Table 186. Onsurd Machine Tool Steel Specification and Application
 Table 187. Onsurd Machine Tool Steel Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 188. Onsurd Main Business and Markets Served
 Table 189. Onsurd Recent Developments/Updates
 Table 190. Key Raw Materials Lists
 Table 191. Raw Materials Key Suppliers Lists
 Table 192. Machine Tool Steel Distributors List
 Table 193. Machine Tool Steel Customers List
 Table 194. Machine Tool Steel Market Trends
 Table 195. Machine Tool Steel Market Drivers
 Table 196. Machine Tool Steel Market Challenges
 Table 197. Machine Tool Steel Market Restraints
 Table 198. Research Programs/Design for This Report
 Table 199. Key Data Information from Secondary Sources
 Table 200. Key Data Information from Primary Sources
 Table 201. Authors List of This Report


List of Figures
 Figure 1. Product Picture of Machine Tool Steel
 Figure 2. Global Machine Tool Steel Market Value by Type, (US$ Million) & (2020-2031)
 Figure 3. Global Machine Tool Steel Market Share by Type: 2024 VS 2031
 Figure 4. Hot-work Steel Product Picture
 Figure 5. Cold-work Steel Product Picture
 Figure 6. Plastics Mold Steel Product Picture
 Figure 7. High Speed Steel Product Picture
 Figure 8. Others Product Picture
 Figure 9. Global Machine Tool Steel Market Value by Application, (US$ Million) & (2020-2031)
 Figure 10. Global Machine Tool Steel Market Share by Application: 2024 VS 2031
 Figure 11. Automotive Industry
 Figure 12. Plastic Industry
 Figure 13. Aerospace Industry
 Figure 14. Energy Sector
 Figure 15. Others
 Figure 16. Global Machine Tool Steel Production Value (US$ Million), 2020 VS 2024 VS 2031
 Figure 17. Global Machine Tool Steel Production Value (US$ Million) & (2020-2031)
 Figure 18. Global Machine Tool Steel Production Capacity (MT) & (2020-2031)
 Figure 19. Global Machine Tool Steel Production (MT) & (2020-2031)
 Figure 20. Global Machine Tool Steel Average Price (USD/MT) & (2020-2031)
 Figure 21. Machine Tool Steel Report Years Considered
 Figure 22. Machine Tool Steel Production Share by Manufacturers in 2024
 Figure 23. Global Machine Tool Steel Production Value Share by Manufacturers (2024)
 Figure 24. Machine Tool Steel 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 Machine Tool Steel Revenue in 2024
 Figure 26. Global Machine Tool Steel Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 27. Global Machine Tool Steel Production Value Market Share by Region: 2020 VS 2024 VS 2031
 Figure 28. Global Machine Tool Steel Production Comparison by Region: 2020 VS 2024 VS 2031 (MT)
 Figure 29. Global Machine Tool Steel Production Market Share by Region: 2020 VS 2024 VS 2031
 Figure 30. North America Machine Tool Steel Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 31. Europe Machine Tool Steel Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 32. China Machine Tool Steel Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 33. Japan Machine Tool Steel Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 34. Global Machine Tool Steel Consumption by Region: 2020 VS 2024 VS 2031 (MT)
 Figure 35. Global Machine Tool Steel Consumption Market Share by Region: 2020 VS 2024 VS 2031
 Figure 36. North America Machine Tool Steel Consumption and Growth Rate (2020-2031) & (MT)
 Figure 37. North America Machine Tool Steel Consumption Market Share by Country (2020-2031)
 Figure 38. U.S. Machine Tool Steel Consumption and Growth Rate (2020-2031) & (MT)
 Figure 39. Canada Machine Tool Steel Consumption and Growth Rate (2020-2031) & (MT)
 Figure 40. Europe Machine Tool Steel Consumption and Growth Rate (2020-2031) & (MT)
 Figure 41. Europe Machine Tool Steel Consumption Market Share by Country (2020-2031)
 Figure 42. Germany Machine Tool Steel Consumption and Growth Rate (2020-2031) & (MT)
 Figure 43. France Machine Tool Steel Consumption and Growth Rate (2020-2031) & (MT)
 Figure 44. U.K. Machine Tool Steel Consumption and Growth Rate (2020-2031) & (MT)
 Figure 45. Italy Machine Tool Steel Consumption and Growth Rate (2020-2031) & (MT)
 Figure 46. Russia Machine Tool Steel Consumption and Growth Rate (2020-2031) & (MT)
 Figure 47. Asia Pacific Machine Tool Steel Consumption and Growth Rate (2020-2031) & (MT)
 Figure 48. Asia Pacific Machine Tool Steel Consumption Market Share by Region (2020-2031)
 Figure 49. China Machine Tool Steel Consumption and Growth Rate (2020-2031) & (MT)
 Figure 50. Japan Machine Tool Steel Consumption and Growth Rate (2020-2031) & (MT)
 Figure 51. South Korea Machine Tool Steel Consumption and Growth Rate (2020-2031) & (MT)
 Figure 52. China Taiwan Machine Tool Steel Consumption and Growth Rate (2020-2031) & (MT)
 Figure 53. Southeast Asia Machine Tool Steel Consumption and Growth Rate (2020-2031) & (MT)
 Figure 54. India Machine Tool Steel Consumption and Growth Rate (2020-2031) & (MT)
 Figure 55. Latin America, Middle East & Africa Machine Tool Steel Consumption and Growth Rate (2020-2031) & (MT)
 Figure 56. Latin America, Middle East & Africa Machine Tool Steel Consumption Market Share by Country (2020-2031)
 Figure 57. Mexico Machine Tool Steel Consumption and Growth Rate (2020-2031) & (MT)
 Figure 58. Brazil Machine Tool Steel Consumption and Growth Rate (2020-2031) & (MT)
 Figure 59. Turkey Machine Tool Steel Consumption and Growth Rate (2020-2031) & (MT)
 Figure 60. GCC Countries Machine Tool Steel Consumption and Growth Rate (2020-2031) & (MT)
 Figure 61. Global Production Market Share of Machine Tool Steel by Type (2020-2031)
 Figure 62. Global Production Value Market Share of Machine Tool Steel by Type (2020-2031)
 Figure 63. Global Machine Tool Steel Price (USD/MT) by Type (2020-2031)
 Figure 64. Global Production Market Share of Machine Tool Steel by Application (2020-2031)
 Figure 65. Global Production Value Market Share of Machine Tool Steel by Application (2020-2031)
 Figure 66. Global Machine Tool Steel Price (USD/MT) by Application (2020-2031)
 Figure 67. Machine Tool Steel 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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