High Speed Steels Market is anticipated to grow during the forecast 2017-2022

High Speed Steels Market is anticipated to grow during
the forecast 2017-2022
High Speed Steels market Contains Market Competition by
Manufacturers, Manufacturers Profiles/Analysis, Manufacturing Cost
Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers,
Market Effect Factors Analysis.
The report provides a basic overview of the industry including classifications, definitions, industry
chain structure and applications. The High Speed Steel market analysis is provided for the
international markets including competitive landscape analysis, key regions development status and
development trends. Development plans and policies are also discussed, cost structures and
manufacturing processes are analyzed. High Speed Steel industry export/import consumption, cost
price production value gross margins and supply & demand figures are also provided. The report
emphases on global major leading industry players providing information such as product picture,
company profiles, capacity production, specification, cost, price, contact information and production
value. Downstream demand analysis and upstream raw materials and equipment are also carried out.
The High Speed Steel industry marketing channels and development trends are analyzed. Finally, the
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Feasibility of new investment projects is assessed and overall research conclusions offered. Broaches,
hobs, shaver cutters, shaper cutters, bevel cutters and milling cutters used in the manufacture of
gears are commonly made of high speed steel. All high speed steels have the ability to reach a high
hardness, often exceeding the mid-60s on the Rockwell C hardness (HRC) scale. This characteristic is
the result of the high carbon content, combined with tungsten and/or molybdenum in the
appropriate proportions. Chief driver of the industry is resurgence in industrial and manufacturing
activities, growing aircraft production, increase in demand for high steel cutting and milling tool, and
rise in automotive demand. Rise is crude drilling and natural gas exploration activities have further
raised the demand for the HSS. Advancement in technology has led the use of HSS in agricultural
activities, requirement for customized tools in agricultural activities has further propelled the demand
for HSS.
The growing focus on product quality and strict adherence to product specification as per customer
in terms of size, design and shape will help boost the demand for high grade HSS metal cutting tools.
The global use of high speed steel metal cutting tools is also supported by benefits like lower
production costs, shorter lead times and increased accuracy in the manufactured products. The
global market of HSS is segmented by the following product types HSS Drilling Tools, HSS Milling Tools,
HSS Reaming & Counter boring Tools, HSS Tapping Tools, HSS Broaching Tools and HSS Gear Cutting
Tools. North America is considered as the key market for the region owing to the presence of major
oil drilling and natural gas exploration companies, advancement in agriculture sector and stable
demand for automobile.
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Europe is also considered as the major market for HSS industry due to presence of major automobile
production companies which exports vehicles in global level. Industry requirement for modern cutting
tools has further propelled the demand for HSS in Europe region. Asia Pacific is expected to show
significant growth over the forecast period. Growth in Asia Pacific is led by rapid industrialization in
economies such as China and India. Due to the region's favourable prospects, several companies are
expanding in Asian countries to benefit from the growing local demand for the end products and lowcost
structures. Petrochemicals represent the largest end-use market for HTI. Continuous demand for
HSS in heavy industries and power sector of India and China has propelled the demand.

Key player in this industry are Almatis GMBH, ADL Insulflex Inc., Cotronics Corporation, BNZ Materials
Inc., High-Temp Insulation Inc, Dyson Group PLC, Isolite Insulating Products Co., Ltd., Insulcon Group,
Mitsubishi Plastics Inc., M.E. Schupp GMBH, Promat GMBH, Morgan Thermal Ceramic, RHI-AG,
Shandong Luyang Share Co. Ltd., Pyrotek Incorporated, Unifrax LLC and Skamol A/S. Companies in the
market have adopted various strategic initiatives such as new product development, merger and
acquisition, and partnerships and collaboration in order to have a competitive advantage and strong
market share.
Geographically, this report is segmented into several key Regions, with production, consumption,
revenue (million USD), market share and growth rate of High Speed Steels in these regions, from
2012 to 2022 (forecast), covering
• North America
• Europe
• China
• Japan
• Southeast Asia
• India
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Global High Speed Steels market competition by top manufacturers, with production, price,
revenue (value) and market share for each manufacturer; the top players including
• Nachi-Fujikoshi Corporation
• Daido Steel
• Voestalpine AG
• Sandvik Materials Technology AB
• Kennametal
• Hudson Tool Steel Corporation
• Erasteel
• Friedr. Lohmann GmbH
• Arcelormittal S.A.

• Thyssenkrupp AG
• Tiangong Internationa
• Guhring
• Heye Special Steel
• Nippon Koshuha Steel
• OSG Corporation
On the basis of product, this report displays the production, revenue, price, market share and
growth rate of each type, primarily split into
• Metal Cutting Tools
• Cold Working Tools
• Others
On the basis on the end users/applications, this report focuses on the status and outlook for
major applications/end users, consumption (sales), market share and growth rate of High Speed
Steels for each application, including
• Automotive Industry
• Plastic Industry
• Aerospace Industry
• Energy Sector
• Others
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