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Global Tool Steel Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2025-2031
Published Date: June 2025
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Report Code: QYRE-Auto-38R2326
Home | Market Reports | Business & Industrial| Metals & Mining
Global Tool Steel Market Insights Forecast to 2026
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Global Tool Steel Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2025-2031

Code: QYRE-Auto-38R2326
Report
June 2025
Pages:178
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
Voestalpine AG
Baosteel
Nachi-Fujikoshi
Qilu Special Steel
Tiangong International
Swiss Steel Group
SIJ Metal Ravne
Daido Steel
Sanyo Special Steel
Dongbei Special Steel
SeAH CSS
Pangang
Crucible Industries
Nippon Koshuha Steel
ArcelorMittal
Proterial(Hitachi Metals)

Tool Steel Market Size

In 2024, the global market size of Tool Steel was estimated to be worth US$ 8752 million and is forecast to reach approximately US$ 9685 million by 2031 with a CAGR of 1.5% during the forecast period 2025-2031.

Tool Steel Market

Tool Steel Market

Tool Steel refers to a variety of carbon and alloy steels that are particularly well-suited to be made into tools. Tool steels are notable for their hardness, resistance to abrasion and deformation. Today, tool steel is widely used in various specific tool applications like dies, cutting, mold-making and hammers (personal or industrial). Tool Steel can retain a cutting edge at very high temperatures which is why they are often used in the shaping of other materials through cutting, pressing, coining or extruding. Their resistance to abrasion lends to their use in the production of injection molds.
The global key manufacturers of Tool Steel include Voestalpine, Swiss Steel Group and Tiangong International, etc, top 3 manufacturers hold a share approximately 27%. Voestalpine is the world's largest Tool Steel manufacturer, with a market share of more than 15%. Americas, Asia-Pacific and Europe are the major Tool Steelmarket, they have a market share of more than 96%. Americas is the largest market with a share of 36%. In terms of product type, Alloy Tool Steel is the largest market segment with a share of more than 61%.

Report Scope

This report aims to provide a comprehensive presentation of the global market for 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 Tool Steel.
The Tool Steel market size, estimations, and forecasts are provided in terms of sales volume (K 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 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 Tool Steel manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and regions.

Scope of Tool Steel Market Report

Report Metric Details
Report Name Tool Steel Market
CAGR 1.5%
Segment by Type
Segment by Application
  • Automotive
  • Household Appliances
  • Telecommunications
  • Construction
  • Others
By Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company Voestalpine, Swiss Steel Group, Tiangong International, Daido Steel, Sanyo Special Steel, SIJ Metal Ravne, SeAH CSS, Dongbei Special Steel, Proterial (Hitachi Metals), Crucible Industries, Pangang, ArcelorMittal, Baosteel, Nippon Koshuha Steel, Nachi-Fujikoshi, Qilu Special Steel
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 Type and 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: Sales (consumption), revenue of Tool Steel in global and regional 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 of each country in the world.
  • Chapter 3: Detailed analysis of Tool Steel manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Tool Steel sales, revenue, price, gross margin, sales by region, by Type, by Application, and recent development, etc.
  • Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, 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 sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 7: North America by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 8: APAC by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 9: Europe by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 10: Latin America by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 11: Middle East and Africa by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
  • Chapter 13: 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 14: Research Findings and Conclusion.

FAQ for this report

What is the market share of major companies in Tool Steel Market?

Ans: The global key manufacturers of Tool Steel include Voestalpine, Swiss Steel Group and Tiangong International, etc, top 3 manufacturers hold a share approximately 27%.

What is the Voestalpine share in Tool Steel Market?

Ans: Voestalpine is the world's largest Tool Steel manufacturer, with a market share of more than 15%.

What is the Tool Steel Market share by region?

Ans: Americas is the largest market with a share of 36%.

What is the Tool Steel Market share by type?

Ans: In terms of product type, Alloy Tool Steel is the largest market segment with a share of more than 61%.

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

Ans: The main players in the Tool Steel Market are Voestalpine, Swiss Steel Group, Tiangong International, Daido Steel, Sanyo Special Steel, SIJ Metal Ravne, SeAH CSS, Dongbei Special Steel, Proterial (Hitachi Metals), Crucible Industries, Pangang, ArcelorMittal, Baosteel, Nippon Koshuha Steel, Nachi-Fujikoshi, Qilu Special Steel

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

Ans: The Applications covered in the Tool Steel Market report are Automotive, Household Appliances, Telecommunications, Construction, Others

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

Ans: The Types covered in the Tool Steel Market report are Carbon Tool Steel, Alloy Tool Steel, High Speed Tool Steel

Recommended Reports

Tool Steel Derivatives

Specialty Alloy Steels

Steel Products & Applications

1 Study Coverage
1.1 Tool Steel Product Introduction
1.2 Market by Type
1.2.1 Global Tool Steel Market Size Growth Rate by Type (2020 VS 2024 VS 2031)
1.2.2 Carbon Tool Steel
1.2.3 Alloy Tool Steel
1.2.4 High Speed Tool Steel
1.3 Market by Application
1.3.1 Global Tool Steel Market Size Growth Rate by Application (2020 VS 2024 VS 2031)
1.3.2 Automotive
1.3.3 Household Appliances
1.3.4 Telecommunications
1.3.5 Construction
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Tool Steel Market Size Estimates and Forecasts
2.1.1 Global Tool Steel Revenue 2020-2031
2.1.2 Global Tool Steel Sales 2020-2031
2.2 Tool Steel Market Size by Region: 2024 Versus 2031
2.3 Tool Steel Sales by Region (2020-2031)
2.3.1 Global Tool Steel Sales by Region: 2020-2025
2.3.2 Global Tool Steel Sales Forecast by Region (2026-2031)
2.3.3 Global Tool Steel Sales Market Share by Region (2020-2031)
2.4 Tool Steel Market Estimates and Projections by Region (2026-2031)
2.4.1 Global Tool Steel Revenue by Region: 2020-2025
2.4.2 Global Tool Steel Revenue Forecast by Region (2026-2031)
2.4.3 Global Tool Steel Revenue Market Share by Region (2020-2031)
3 Market Segments
3.1 Breakdown Data by Type
3.1.1 Global Tool Steel Sales by Type (2020-2031)
3.1.1.1 Global Tool Steel Sales Volume by Type (2020-2031)
3.1.1.2 Global Tool Steel Sales Market Share by Type (2020-2031)
3.1.2 Global Tool Steel Revenue by Type (2020-2031)
3.1.2.1 Global Tool Steel Revenue by Type (2020-2031)
3.1.2.2 Global Tool Steel Revenue Market Share by Type (2020-2031)
3.1.3 Tool Steel Average Selling Price (ASP) by Type (2020-2031)
3.2 Breakdown Data by Application
3.2.1 Global Tool Steel Sales by Application (2020-2031)
3.2.1.1 Global Tool Steel Sales Volume by Application (2020-2031)
3.2.1.2 Global Tool Steel Sales Market Share by Application (2020-2031)
3.2.2 Global Tool Steel Revenue by Application (2020-2031)
3.2.2.1 Global Tool Steel Revenue by Application (2020-2031)
3.2.2.2 Global Tool Steel Revenue Market Share by Application (2020-2031)
3.2.3 Tool Steel Average Selling Price (ASP) by Application (2020-2031)
3.3 by Type and by Application Crossing Analysis
3.3.1 Carbon Tool Steel of Tool Steel Revenue Market Share by Application
3.3.2 Alloy Tool Steel of Tool Steel Revenue Market Share by Application
3.3.3 High Speed Tool Steel of Tool Steel Revenue Market Share by Application
4 Global Tool Steel by Manufacturers
4.1 Global Top Tool Steel Manufacturers by Sales (2020-2025)
4.1.1 Global Tool Steel Sales by Manufacturer (2020-2025)
4.1.2 Global Tool Steel Sales Market Share by Manufacturer (2020-2025)
4.2 Global Top Tool Steel Manufacturers by Revenue (2020-2025)
4.2.1 Global Tool Steel Revenue by Manufacturer (2020-2025)
4.2.2 Global Tool Steel Revenue Share by Manufacturer (2020-2025)
4.3 Global Tool Steel Price by Manufacturer (2020-2025)
4.4 Competitive Landscape
4.4.1 Key Tool Steel Manufacturers Covered: Ranking by Revenue
4.4.2 Global Tool Steel Market Concentration Ratio (CR5 and HHI) & (2020-2025)
4.4.3 Global Tool Steel Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.5 Global Tool Steel Manufacturing Base Distribution, Product Type
4.5.1 Tool Steel Manufacturers Manufacturing Base Distribution, Headquarters
4.5.2 Date of International Manufacturers Enter into Tool Steel Market
4.5.3 Manufacturers Tool Steel Product Type and Application
4.5.4 Carbon Tool Steel Market Sales of Tool Steel by Manufacturer
4.5.5 Alloy Tool Steel Market Sales of Tool Steel by Manufacturer
4.5.6 High Speed Tool Steel Market Sales of Tool Steel by Manufacturer
4.6 Manufacturers Mergers & Acquisitions, Expansion Plans
5 Company Profiles
5.1 Voestalpine
5.1.1 Voestalpine Company Information
5.1.2 Voestalpine Description, Business Overview
5.1.3 Voestalpine Tool Steel Products Offered
5.1.4 Voestalpine Tool Steel Sales, Revenue and Gross Margin (2020-2025)
5.1.5 Voestalpine Tool Steel Sales by Product in 2024
5.1.6 Voestalpine Tool Steel Sales by Application in 2024
5.1.7 Voestalpine Tool Steel Sales by Geographic Area in 2024
5.1.8 Voestalpine Recent Developments
5.2 Swiss Steel Group
5.2.1 Swiss Steel Group Company Information
5.2.2 Swiss Steel Group Description, Business Overview
5.2.3 Swiss Steel Group Tool Steel Products Offered
5.2.4 Swiss Steel Group Tool Steel Sales, Revenue and Gross Margin (2020-2025)
5.2.5 Swiss Steel Group Tool Steel Sales by Product in 2024
5.2.6 Swiss Steel Group Tool Steel Sales by Application in 2024
5.2.7 Swiss Steel Group Tool Steel Sales by Geographic Area in 2024
5.2.8 Swiss Steel Group Recent Developments
5.3 Tiangong International
5.3.1 Tiangong International Company Information
5.3.2 Tiangong International Description, Business Overview
5.3.3 Tiangong International Tool Steel Products Offered
5.3.4 Tiangong International Tool Steel Sales, Revenue and Gross Margin (2020-2025)
5.3.5 Tiangong International Tool Steel Sales by Product in 2024
5.3.6 Tiangong International Tool Steel Sales by Application in 2024
5.3.7 Tiangong International Tool Steel Sales by Geographic Area in 2024
5.3.8 Tiangong International Recent Developments
5.4 Daido Steel
5.4.1 Daido Steel Company Information
5.4.2 Daido Steel Description, Business Overview
5.4.3 Daido Steel Tool Steel Products Offered
5.4.4 Daido Steel Tool Steel Sales, Revenue and Gross Margin (2020-2025)
5.4.5 Daido Steel Tool Steel Sales by Product in 2024
5.4.6 Daido Steel Tool Steel Sales by Application in 2024
5.4.7 Daido Steel Tool Steel Sales by Geographic Area in 2024
5.4.8 Daido Steel Recent Developments
5.5 Sanyo Special Steel
5.5.1 Sanyo Special Steel Company Information
5.5.2 Sanyo Special Steel Description, Business Overview
5.5.3 Sanyo Special Steel Tool Steel Products Offered
5.5.4 Sanyo Special Steel Tool Steel Sales, Revenue and Gross Margin (2020-2025)
5.5.5 Sanyo Special Steel Tool Steel Sales by Product in 2024
5.5.6 Sanyo Special Steel Tool Steel Sales by Application in 2024
5.5.7 Sanyo Special Steel Tool Steel Sales by Geographic Area in 2024
5.5.8 Sanyo Special Steel Recent Developments
5.6 SIJ Metal Ravne
5.6.1 SIJ Metal Ravne Company Information
5.6.2 SIJ Metal Ravne Description, Business Overview
5.6.3 SIJ Metal Ravne Tool Steel Products Offered
5.6.4 SIJ Metal Ravne Tool Steel Sales, Revenue and Gross Margin (2020-2025)
5.6.5 SIJ Metal Ravne Tool Steel Sales by Product in 2024
5.6.6 SIJ Metal Ravne Tool Steel Sales by Application in 2024
5.6.7 SIJ Metal Ravne Tool Steel Sales by Geographic Area in 2024
5.6.8 SIJ Metal Ravne Recent Developments
5.7 SeAH CSS
5.7.1 SeAH CSS Company Information
5.7.2 SeAH CSS Description, Business Overview
5.7.3 SeAH CSS Tool Steel Products Offered
5.7.4 SeAH CSS Tool Steel Sales, Revenue and Gross Margin (2020-2025)
5.7.5 SeAH CSS Tool Steel Sales by Product in 2024
5.7.6 SeAH CSS Tool Steel Sales by Application in 2024
5.7.7 SeAH CSS Tool Steel Sales by Geographic Area in 2024
5.7.8 SeAH CSS Recent Developments
5.8 Dongbei Special Steel
5.8.1 Dongbei Special Steel Company Information
5.8.2 Dongbei Special Steel Description, Business Overview
5.8.3 Dongbei Special Steel Tool Steel Products Offered
5.8.4 Dongbei Special Steel Tool Steel Sales, Revenue and Gross Margin (2020-2025)
5.8.5 Dongbei Special Steel Tool Steel Sales by Product in 2024
5.8.6 Dongbei Special Steel Tool Steel Sales by Application in 2024
5.8.7 Dongbei Special Steel Tool Steel Sales by Geographic Area in 2024
5.8.8 Dongbei Special Steel Recent Developments
5.9 Proterial (Hitachi Metals)
5.9.1 Proterial (Hitachi Metals) Company Information
5.9.2 Proterial (Hitachi Metals) Description, Business Overview
5.9.3 Proterial (Hitachi Metals) Tool Steel Products Offered
5.9.4 Proterial (Hitachi Metals) Tool Steel Sales, Revenue and Gross Margin (2020-2025)
5.9.5 Proterial (Hitachi Metals) Tool Steel Sales by Product in 2024
5.9.6 Proterial (Hitachi Metals) Tool Steel Sales by Application in 2024
5.9.7 Proterial (Hitachi Metals) Tool Steel Sales by Geographic Area in 2024
5.9.8 Proterial (Hitachi Metals) Recent Developments
5.10 Crucible Industries
5.10.1 Crucible Industries Company Information
5.10.2 Crucible Industries Description, Business Overview
5.10.3 Crucible Industries Tool Steel Products Offered
5.10.4 Crucible Industries Tool Steel Sales, Revenue and Gross Margin (2020-2025)
5.10.5 Crucible Industries Tool Steel Sales by Product in 2024
5.10.6 Crucible Industries Tool Steel Sales by Application in 2024
5.10.7 Crucible Industries Tool Steel Sales by Geographic Area in 2024
5.10.8 Crucible Industries Recent Developments
5.11 Pangang
5.11.1 Pangang Company Information
5.11.2 Pangang Description, Business Overview
5.11.3 Pangang Tool Steel Products Offered
5.11.4 Pangang Tool Steel Sales, Revenue and Gross Margin (2020-2025)
5.11.5 Pangang Tool Steel Sales by Product in 2024
5.11.6 Pangang Tool Steel Sales by Application in 2024
5.11.7 Pangang Tool Steel Sales by Geographic Area in 2024
5.11.8 Pangang Recent Developments
5.12 ArcelorMittal
5.12.1 ArcelorMittal Company Information
5.12.2 ArcelorMittal Description, Business Overview
5.12.3 ArcelorMittal Tool Steel Products Offered
5.12.4 ArcelorMittal Tool Steel Sales, Revenue and Gross Margin (2020-2025)
5.12.5 ArcelorMittal Tool Steel Sales by Product in 2024
5.12.6 ArcelorMittal Tool Steel Sales by Application in 2024
5.12.7 ArcelorMittal Tool Steel Sales by Geographic Area in 2024
5.12.8 ArcelorMittal Recent Developments
5.13 Baosteel
5.13.1 Baosteel Company Information
5.13.2 Baosteel Description, Business Overview
5.13.3 Baosteel Tool Steel Products Offered
5.13.4 Baosteel Tool Steel Sales, Revenue and Gross Margin (2020-2025)
5.13.5 Baosteel Tool Steel Sales by Product in 2024
5.13.6 Baosteel Tool Steel Sales by Application in 2024
5.13.7 Baosteel Tool Steel Sales by Geographic Area in 2024
5.13.8 Baosteel Recent Developments
5.14 Nippon Koshuha Steel
5.14.1 Nippon Koshuha Steel Company Information
5.14.2 Nippon Koshuha Steel Description, Business Overview
5.14.3 Nippon Koshuha Steel Tool Steel Products Offered
5.14.4 Nippon Koshuha Steel Tool Steel Sales, Revenue and Gross Margin (2020-2025)
5.14.5 Nippon Koshuha Steel Tool Steel Sales by Product in 2024
5.14.6 Nippon Koshuha Steel Tool Steel Sales by Application in 2024
5.14.7 Nippon Koshuha Steel Tool Steel Sales by Geographic Area in 2024
5.14.8 Nippon Koshuha Steel Recent Developments
5.15 Nachi-Fujikoshi
5.15.1 Nachi-Fujikoshi Company Information
5.15.2 Nachi-Fujikoshi Description, Business Overview
5.15.3 Nachi-Fujikoshi Tool Steel Products Offered
5.15.4 Nachi-Fujikoshi Tool Steel Sales, Revenue and Gross Margin (2020-2025)
5.15.5 Nachi-Fujikoshi Tool Steel Sales by Product in 2024
5.15.6 Nachi-Fujikoshi Tool Steel Sales by Application in 2024
5.15.7 Nachi-Fujikoshi Tool Steel Sales by Geographic Area in 2024
5.15.8 Nachi-Fujikoshi Recent Developments
5.16 Qilu Special Steel
5.16.1 Qilu Special Steel Company Information
5.16.2 Qilu Special Steel Description, Business Overview
5.16.3 Qilu Special Steel Tool Steel Products Offered
5.16.4 Qilu Special Steel Tool Steel Sales, Revenue and Gross Margin (2020-2025)
5.16.5 Qilu Special Steel Tool Steel Sales by Product in 2024
5.16.6 Qilu Special Steel Tool Steel Sales by Application in 2024
5.16.7 Qilu Special Steel Tool Steel Sales by Geographic Area in 2024
5.16.8 Qilu Special Steel Recent Developments
6 North America
6.1 North America Tool Steel Market Size YoY Growth 2020-2031
6.2 North America Tool Steel Market Facts & Figures by Country
6.2.1 North America Tool Steel Sales by Country (2020-2031)
6.2.2 North America Tool Steel Revenue by Country (2020-2031)
6.3 North America Tool Steel Sales by Type (2020-2025)
6.4 North America Tool Steel Sales by Application (2020-2025)
7 Asia-Pacific
7.1 Asia-Pacific Tool Steel Market Size YoY Growth 2020-2031
7.2 Asia-Pacific Tool Steel Market Facts & Figures by Region
7.2.1 Asia-Pacific Tool Steel Sales by Region (2020-2031)
7.2.2 Asia-Pacific Tool Steel Revenue by Region (2020-2031)
7.3 Asia-Pacific Tool Steel Sales by Type (2020-2025)
7.4 Asia-Pacific Tool Steel Sales by Application (2020-2025)
8 Europe
8.1 Europe Tool Steel Market Size YoY Growth 2020-2031
8.2 Europe Tool Steel Market Facts & Figures by Country
8.2.1 Europe Tool Steel Sales by Country (2020-2031)
8.2.2 Europe Tool Steel Revenue by Country (2020-2031)
8.3 Europe Tool Steel Sales by Type (2020-2025)
8.4 Europe Tool Steel Sales by Application (2020-2025)
9 Latin America
9.1 Latin America Tool Steel Market Size YoY Growth 2020-2031
9.2 Latin America Tool Steel Market Facts & Figures by Country
9.2.1 Latin America Tool Steel Sales by Country (2020-2031)
9.2.2 Latin America Tool Steel Revenue by Country (2020-2031)
9.3 Latin America Tool Steel Sales by Type (2020-2025)
9.4 Latin America Tool Steel Sales by Application (2020-2025)
10 Middle East and Africa
10.1 Latin America Tool Steel Market Size YoY Growth 2020-2031
10.2 Middle East and Africa Tool Steel Market Facts & Figures by Country
10.2.1 Middle East and Africa Tool Steel Sales by Country (2020-2031)
10.2.2 Middle East and Africa Tool Steel Revenue by Country (2020-2031)
10.3 Middle East and Africa Tool Steel Sales by Type (2020-2025)
10.4 Middle East and Africa Tool Steel Sales by Application (2020-2025)
11 Supply Chain and Sales Channel analysis
11.1 Tool Steel Supply Chain Analysis
11.2 Tool Steel Key Raw Materials and Upstream Suppliers
11.3 Tool Steel Clients Analysis
11.4 Tool Steel Sales Channel and Sales Model Analysis
11.4.1 Tool Steel Distribution Channel Analysis: Indirect Sales VS Direct Sales
11.4.2 Tool Steel Distribution Channel Analysis: Online Sales VS Offline Sales
11.4.3 Tool Steel Distributors
12 Tool Steel Market Dynamics
12.1 Tool Steel Industry Trends
12.2 Tool Steel Market Drivers
12.3 Tool Steel Market Challenges
12.4 Tool Steel Market Restraints
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer
FEATURED COMPANIES
Voestalpine AG
Baosteel
Nachi-Fujikoshi
Qilu Special Steel
Tiangong International
Swiss Steel Group
SIJ Metal Ravne
Daido Steel
Sanyo Special Steel
Dongbei Special Steel
SeAH CSS
Pangang
Crucible Industries
Nippon Koshuha Steel
ArcelorMittal
Proterial(Hitachi Metals)
List of Tables
 Table 1. Global Tool Steel Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
 Table 2. Global Tool Steel Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
 Table 3. Global Tool Steel Market Size by Region (US$ Million): 2024 VS 2031
 Table 4. Global Tool Steel Sales by Region (2020-2025) & (K MT)
 Table 5. Global Tool Steel Sales Forecast by Region (2026-2031) & (K MT)
 Table 6. Global Tool Steel Revenue by Region (2020-2025) & (US$ Million)
 Table 7. Global Tool Steel Revenue Forecast by Region (2026-2031) & (US$ Million)
 Table 8. Global Tool Steel Sales Volume by Type (2020-2025) & (K MT)
 Table 9. Global Tool Steel Sales Volume by Type (2026-2031) & (K MT)
 Table 10. Global Tool Steel Revenue by Type (2020-2025) & (US$ Million)
 Table 11. Global Tool Steel Revenue Forecast by Type (2026-2031) & (US$ Million)
 Table 12. Global Tool Steel Sales Volume by Application (2020-2025) & (K MT)
 Table 13. Global Tool Steel Sales Volume by Application (2026-2031) & (K MT)
 Table 14. Global Tool Steel Revenue by Application (2020-2025) & (US$ Million)
 Table 15. Global Tool Steel Revenue by Application (2026-2031) & (US$ Million)
 Table 16. Global Tool Steel Sales by Manufacturer (2020-2025) & (K MT)
 Table 17. Global Tool Steel Sales Share by Manufacturer (2020-2025)
 Table 18. Tool Steel Revenue by Manufacturer (2020-2025) & (US$ Million)
 Table 19. Tool Steel Revenue Share by Manufacturer (2020-2025)
 Table 20. Key Manufacturers Tool Steel Price (2020-2025) & (US$/MT)
 Table 21. Ranking of Global Top Tool Steel Manufacturers by Revenue (US$ Million) in 2024
 Table 22. Global Tool Steel Manufacturers Market Concentration Ratio (CR5 and HHI) & (2020-2025)
 Table 23. Global Tool Steel by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Tool Steel as of 2024)
 Table 24. Tool Steel Manufacturers Manufacturing Base Distribution and Headquarters
 Table 25. Date of International Manufacturers Enter into Tool Steel Market
 Table 26. Manufacturers Tool Steel Product Type and Application
 Table 27. Manufacturers Mergers & Acquisitions, Expansion Plans
 Table 28. Voestalpine Company Information
 Table 29. Voestalpine Description and Business Overview
 Table 30. Voestalpine Tool Steel Product
 Table 31. Voestalpine Tool Steel Sales (K MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 32. Voestalpine Sales Proportion of Tool Steel by Product in 2024
 Table 33. Voestalpine Sales Proportion of Tool Steel by Application in 2024
 Table 34. Voestalpine Sales Proportion of Tool Steel by Geographic Area in 2024
 Table 35. Voestalpine Recent Developments
 Table 36. Swiss Steel Group Company Information
 Table 37. Swiss Steel Group Description and Business Overview
 Table 38. Swiss Steel Group Tool Steel Product
 Table 39. Swiss Steel Group Tool Steel Sales (K MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 40. Swiss Steel Group Sales Proportion of Tool Steel by Product in 2024
 Table 41. Swiss Steel Group Sales Proportion of Tool Steel by Application in 2024
 Table 42. Swiss Steel Group Sales Proportion of Tool Steel by Geographic Area in 2024
 Table 43. Swiss Steel Group Recent Developments
 Table 44. Tiangong International Company Information
 Table 45. Tiangong International Description and Business Overview
 Table 46. Tiangong International Tool Steel Product
 Table 47. Tiangong International Tool Steel Sales (K MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 48. Tiangong International Sales Proportion of Tool Steel by Product in 2024
 Table 49. Tiangong International Sales Proportion of Tool Steel by Application in 2024
 Table 50. Tiangong International Sales Proportion of Tool Steel by Geographic Area in 2024
 Table 51. Tiangong International Recent Developments
 Table 52. Daido Steel Company Information
 Table 53. Daido Steel Description and Business Overview
 Table 54. Daido Steel Tool Steel Product
 Table 55. Daido Steel Tool Steel Sales (K MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 56. Daido Steel Sales Proportion of Tool Steel by Product in 2024
 Table 57. Daido Steel Sales Proportion of Tool Steel by Application in 2024
 Table 58. Daido Steel Sales Proportion of Tool Steel by Geographic Area in 2024
 Table 59. Daido Steel Recent Developments
 Table 60. Sanyo Special Steel Company Information
 Table 61. Sanyo Special Steel Description and Business Overview
 Table 62. Sanyo Special Steel Tool Steel Product
 Table 63. Sanyo Special Steel Tool Steel Sales (K MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 64. Sanyo Special Steel Sales Proportion of Tool Steel by Product in 2024
 Table 65. Sanyo Special Steel Sales Proportion of Tool Steel by Application in 2024
 Table 66. Sanyo Special Steel Sales Proportion of Tool Steel by Geographic Area in 2024
 Table 67. Sanyo Special Steel Recent Developments
 Table 68. SIJ Metal Ravne Company Information
 Table 69. SIJ Metal Ravne Description and Business Overview
 Table 70. SIJ Metal Ravne Tool Steel Product
 Table 71. SIJ Metal Ravne Tool Steel Sales (K MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 72. SIJ Metal Ravne Sales Proportion of Tool Steel by Product in 2024
 Table 73. SIJ Metal Ravne Sales Proportion of Tool Steel by Application in 2024
 Table 74. SIJ Metal Ravne Sales Proportion of Tool Steel by Geographic Area in 2024
 Table 75. SIJ Metal Ravne Recent Developments
 Table 76. SeAH CSS Company Information
 Table 77. SeAH CSS Description and Business Overview
 Table 78. SeAH CSS Tool Steel Product
 Table 79. SeAH CSS Tool Steel Sales (K MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 80. SeAH CSS Sales Proportion of Tool Steel by Product in 2024
 Table 81. SeAH CSS Sales Proportion of Tool Steel by Application in 2024
 Table 82. SeAH CSS Sales Proportion of Tool Steel by Geographic Area in 2024
 Table 83. SeAH CSS Recent Developments
 Table 84. Dongbei Special Steel Company Information
 Table 85. Dongbei Special Steel Description and Business Overview
 Table 86. Dongbei Special Steel Tool Steel Product
 Table 87. Dongbei Special Steel Tool Steel Sales (K MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 88. Dongbei Special Steel Sales Proportion of Tool Steel by Product in 2024
 Table 89. Dongbei Special Steel Sales Proportion of Tool Steel by Application in 2024
 Table 90. Dongbei Special Steel Sales Proportion of Tool Steel by Geographic Area in 2024
 Table 91. Dongbei Special Steel Recent Developments
 Table 92. Proterial (Hitachi Metals) Company Information
 Table 93. Proterial (Hitachi Metals) Description and Business Overview
 Table 94. Proterial (Hitachi Metals) Tool Steel Product
 Table 95. Proterial (Hitachi Metals) Tool Steel Sales (K MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 96. Proterial (Hitachi Metals) Sales Proportion of Tool Steel by Product in 2024
 Table 97. Proterial (Hitachi Metals) Sales Proportion of Tool Steel by Application in 2024
 Table 98. Proterial (Hitachi Metals) Sales Proportion of Tool Steel by Geographic Area in 2024
 Table 99. Proterial (Hitachi Metals) Recent Developments
 Table 100. Crucible Industries Company Information
 Table 101. Crucible Industries Description and Business Overview
 Table 102. Crucible Industries Tool Steel Product
 Table 103. Crucible Industries Tool Steel Sales (K MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 104. Crucible Industries Sales Proportion of Tool Steel by Product in 2024
 Table 105. Crucible Industries Sales Proportion of Tool Steel by Application in 2024
 Table 106. Crucible Industries Sales Proportion of Tool Steel by Geographic Area in 2024
 Table 107. Crucible Industries Recent Developments
 Table 108. Pangang Company Information
 Table 109. Pangang Description and Business Overview
 Table 110. Pangang Tool Steel Product
 Table 111. Pangang Tool Steel Sales (K MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 112. Pangang Sales Proportion of Tool Steel by Product in 2024
 Table 113. Pangang Sales Proportion of Tool Steel by Application in 2024
 Table 114. Pangang Sales Proportion of Tool Steel by Geographic Area in 2024
 Table 115. Pangang Recent Developments
 Table 116. ArcelorMittal Company Information
 Table 117. ArcelorMittal Description and Business Overview
 Table 118. ArcelorMittal Tool Steel Product
 Table 119. ArcelorMittal Tool Steel Sales (K MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 120. ArcelorMittal Sales Proportion of Tool Steel by Product in 2024
 Table 121. ArcelorMittal Sales Proportion of Tool Steel by Application in 2024
 Table 122. ArcelorMittal Sales Proportion of Tool Steel by Geographic Area in 2024
 Table 123. ArcelorMittal Recent Developments
 Table 124. Baosteel Company Information
 Table 125. Baosteel Description and Business Overview
 Table 126. Baosteel Tool Steel Product
 Table 127. Baosteel Tool Steel Sales (K MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 128. Baosteel Sales Proportion of Tool Steel by Product in 2024
 Table 129. Baosteel Sales Proportion of Tool Steel by Application in 2024
 Table 130. Baosteel Sales Proportion of Tool Steel by Geographic Area in 2024
 Table 131. Baosteel Recent Developments
 Table 132. Nippon Koshuha Steel Company Information
 Table 133. Nippon Koshuha Steel Description and Business Overview
 Table 134. Nippon Koshuha Steel Tool Steel Product
 Table 135. Nippon Koshuha Steel Tool Steel Sales (K MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 136. Nippon Koshuha Steel Sales Proportion of Tool Steel by Product in 2024
 Table 137. Nippon Koshuha Steel Sales Proportion of Tool Steel by Application in 2024
 Table 138. Nippon Koshuha Steel Sales Proportion of Tool Steel by Geographic Area in 2024
 Table 139. Nippon Koshuha Steel Recent Developments
 Table 140. Nachi-Fujikoshi Company Information
 Table 141. Nachi-Fujikoshi Description and Business Overview
 Table 142. Nachi-Fujikoshi Tool Steel Product
 Table 143. Nachi-Fujikoshi Tool Steel Sales (K MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 144. Nachi-Fujikoshi Sales Proportion of Tool Steel by Product in 2024
 Table 145. Nachi-Fujikoshi Sales Proportion of Tool Steel by Application in 2024
 Table 146. Nachi-Fujikoshi Sales Proportion of Tool Steel by Geographic Area in 2024
 Table 147. Nachi-Fujikoshi Recent Developments
 Table 148. Qilu Special Steel Company Information
 Table 149. Qilu Special Steel Description and Business Overview
 Table 150. Qilu Special Steel Tool Steel Product
 Table 151. Qilu Special Steel Tool Steel Sales (K MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 152. Qilu Special Steel Sales Proportion of Tool Steel by Product in 2024
 Table 153. Qilu Special Steel Sales Proportion of Tool Steel by Application in 2024
 Table 154. Qilu Special Steel Sales Proportion of Tool Steel by Geographic Area in 2024
 Table 155. Qilu Special Steel Recent Developments
 Table 156. North America Tool Steel Sales by Country (2020-2025) & (K MT)
 Table 157. North America Tool Steel Sales by Country (2026-2031) & (K MT)
 Table 158. North America Tool Steel Revenue by Country (2020-2025) & (US$ Million)
 Table 159. North America Tool Steel Revenue by Country (2026-2031) & (US$ Million)
 Table 160. North America Tool Steel Sales by Type (2020-2025) & (K MT)
 Table 161. North America Tool Steel Sales by Application (2020-2025) & (K MT)
 Table 162. Asia-Pacific Tool Steel Sales by Region (2020-2025) & (K MT)
 Table 163. Asia-Pacific Tool Steel Sales by Region (2026-2031) & (K MT)
 Table 164. Asia-Pacific Tool Steel Revenue by Region (2020-2025) & (US$ Million)
 Table 165. Asia-Pacific Tool Steel Revenue by Region (2026-2031) & (US$ Million)
 Table 166. Asia-Pacific Tool Steel Sales by Type (2020-2025) & (K MT)
 Table 167. Asia-Pacific Tool Steel Sales by Application (2020-2025) & (K MT)
 Table 168. Europe Tool Steel Sales by Country (2020-2025) & (K MT)
 Table 169. Europe Tool Steel Sales by Country (2026-2031) & (K MT)
 Table 170. Europe Tool Steel Revenue by Country (2020-2025) & (US$ Million)
 Table 171. Europe Tool Steel Revenue by Country (2026-2031) & (US$ Million)
 Table 172. Europe Tool Steel Sales by Type (2020-2025) & (K MT)
 Table 173. Europe Tool Steel Sales by Application (2020-2025) & (K MT)
 Table 174. Latin America Tool Steel Sales by Country (2020-2025) & (K MT)
 Table 175. Latin America Tool Steel Sales by Country (2026-2031) & (K MT)
 Table 176. Latin America Tool Steel Revenue by Country (2020-2025) & (US$ Million)
 Table 177. Latin America Tool Steel Revenue by Country (2026-2031) & (US$ Million)
 Table 178. Latin America Tool Steel Sales by Type (2020-2025) & (K MT)
 Table 179. Latin America Tool Steel Sales by Application (2020-2025) & (K MT)
 Table 180. Middle East and Africa Tool Steel Sales by Country (2020-2025) & (K MT)
 Table 181. Middle East and Africa Tool Steel Sales by Country (2026-2031) & (K MT)
 Table 182. Middle East and Africa Tool Steel Revenue by Country (2020-2025) & (US$ Million)
 Table 183. Middle East and Africa Tool Steel Revenue by Country (2026-2031) & (US$ Million)
 Table 184. Middle East and Africa Tool Steel Sales by Type (2020-2025) & (K MT)
 Table 185. Middle East and Africa Tool Steel Sales by Application (2020-2025) & (K MT)
 Table 186. Tool Steel Key Raw Materials, Industry Status and Trend
 Table 187. Tool Steel Key Raw Materials and Upstream Suppliers
 Table 188. Tool Steel Clients Status and Trend
 Table 189. Tool Steel Typical Clients
 Table 190. Tool Steel Distributors
 Table 191. Tool Steel Market Trends
 Table 192. Tool Steel Market Drivers
 Table 193. Tool Steel Market Challenges
 Table 194. Tool Steel Market Restraints
 Table 195. Research Programs/Design for This Report
 Table 196. Key Data Information from Secondary Sources
 Table 197. Key Data Information from Primary Sources
 Table 198. QYR Business Unit and Senior & Team Lead Analysts


List of Figures
 Figure 1. Tool Steel Product Picture
 Figure 2. Global Tool Steel Market Size by Type (US$ Million): 2020 VS 2024 VS 2031
 Figure 3. Global Tool Steel Sales Market Share by Type in 2024 & 2031
 Figure 4. Carbon Tool Steel Product Picture
 Figure 5. Alloy Tool Steel Product Picture
 Figure 6. High Speed Tool Steel Product Picture
 Figure 7. Global Tool Steel Market Size by Application (US$ Million): 2020 VS 2024 VS 2031
 Figure 8. Global Tool Steel Sales Market Share by Application in 2024 & 2031
 Figure 9. Automotive
 Figure 10. Household Appliances
 Figure 11. Telecommunications
 Figure 12. Construction
 Figure 13. Others
 Figure 14. Tool Steel Report Years Considered
 Figure 15. Global Tool Steel Revenue, (US$ Million), 2020 VS 2024 VS 2031
 Figure 16. Global Tool Steel Market Size 2020-2031 (US$ Million)
 Figure 17. Global Tool Steel Sales 2020-2031 (K MT)
 Figure 18. Global Tool Steel Sales Market Share Forecast by Region (2020-2031)
 Figure 19. Global Tool Steel Revenue Market Share by Region (2020-2031)
 Figure 20. Global Tool Steel Sales Market Share Forecast by Type (2020-2031)
 Figure 21. Global Tool Steel Revenue Market Share Forecast by Type (2020-2031)
 Figure 22. Tool Steel Average Selling Price (ASP) by Type (2020-2025) & (US$/MT)
 Figure 23. Global Tool Steel Sales Market Share Forecast by Application (2020-2031)
 Figure 24. Global Tool Steel Revenue Market Share Forecast by Application (2020-2031)
 Figure 25. Tool Steel Average Selling Price (ASP) by Application (2020-2025) & (US$/MT)
 Figure 26. Carbon Tool Steel of Tool Steel Revenue Market Share by Application, 2024 VS 2031
 Figure 27. Alloy Tool Steel of Tool Steel Revenue Market Share by Application, 2024 VS 2031
 Figure 28. High Speed Tool Steel of Tool Steel Revenue Market Share by Application, 2024 VS 2031
 Figure 29. Global Tool Steel Sales Share by Manufacturer in 2024
 Figure 30. Tool Steel Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 31. Carbon Tool Steel Market Sales Proportion by Manufacturer in 2024
 Figure 32. Alloy Tool Steel Market Sales Proportion by Manufacturer in 2024
 Figure 33. High Speed Tool Steel Market Sales Proportion by Manufacturer in 2024
 Figure 34. North America Tool Steel Revenue 2020-2031 (US$ Million)
 Figure 35. North America Tool Steel Sales Market Share by Type (2020-2025)
 Figure 36. North America Tool Steel Sales Market Share by Application (2020-2025)
 Figure 37. Asia-Pacific Tool Steel Revenue 2020-2031 (US$ Million)
 Figure 38. Asia-Pacific Tool Steel Sales Market Share by Region (2020-2031)
 Figure 39. Asia-Pacific Tool Steel Revenue Market Share by Region (2020-2031)
 Figure 40. Asia-Pacific Tool Steel Sales Market Share by Type (2020-2025)
 Figure 41. Asia-Pacific Tool Steel Sales Market Share by Application (2020-2025)
 Figure 42. Europe Tool Steel Revenue Growth Rate 2020-2031 (US$ Million)
 Figure 43. Europe Tool Steel Sales Market Share by Country (2020-2031)
 Figure 44. Europe Tool Steel Revenue Market Share by Country (2020-2031)
 Figure 45. Europe Tool Steel Sales Market Share by Type (2020-2025)
 Figure 46. Europe Tool Steel Sales Market Share by Application (2020-2025)
 Figure 47. Latin America Tool Steel Revenue Growth Rate 2020-2031 (US$ Million)
 Figure 48. Latin America Tool Steel Sales Market Share by Country (2020-2031)
 Figure 49. Latin America Tool Steel Revenue Market Share by Country (2020-2025)
 Figure 50. Latin America Tool Steel Sales Market Share by Type (2020-2025)
 Figure 51. Latin America Tool Steel Sales Market Share by Application (2020-2025)
 Figure 52. Middle East and Africa Tool Steel Revenue Growth Rate 2020-2031 (US$ Million)
 Figure 53. Middle East and Africa Tool Steel Sales Market Share by Country (2020-2031)
 Figure 54. Middle East and Africa Tool Steel Revenue Market Share by Country (2020-2031)
 Figure 55. Middle East and Africa Tool Steel Sales Market Share by Type (2020-2025)
 Figure 56. Middle East and Africa Tool Steel Sales Market Share by Application (2020-2025)
 Figure 57. Tool Steel Supply Chain (Upstream and Downstream Market)
 Figure 58. Global Production Market Share of Tool Steel Raw Materials by Region in 2024
 Figure 59. Tool Steel Distribution Channels
 Figure 60. Global Tool Steel Percentage 2020-2031: Indirect Sales VS Direct Sales
 Figure 61. Global Tool Steel Percentage 2020-2031: Online Sales VS Offline Sales
 Figure 62. Bottom-up and Top-down Approaches for This Report
 Figure 63. Data Triangulation
 Figure 64. Key Executives Interviewed
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