The global market for High Speed Steel (HSS) Metal Cutting Tools was valued at USD 12.5 Billion in 2024 and is projected to reach USD 16.8 Billion by 2030, growing at a CAGR of 5.1% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Global High Speed Steel (HSS) Metal Cutting Tools Market - Key Trends and Drivers Summarized
The Precision and Power of High Speed Steel Metal Cutting Tools
High Speed Steel (HSS) metal cutting tools are a staple in the manufacturing industry, known for their ability to cut through hard materials at high speeds while maintaining durability and precision. HSS is an alloy containing various elements such as tungsten, molybdenum, chromium, and vanadium, which confer exceptional hardness and heat resistance. These tools operate effectively at elevated temperatures without losing their cutting edge, making them ideal for high-speed operations. The manufacturing process of HSS tools involves complex heat treatments and alloying techniques that enhance their toughness and resistance to wear. This ensures that HSS tools can withstand the rigors of heavy-duty machining, offering reliable performance in drilling, milling, turning, and other metalworking applications.
Why Are High Speed Steel Metal Cutting Tools Essential in Modern Manufacturing?
High Speed Steel metal cutting tools are indispensable in modern manufacturing due to their versatility, durability, and cost-effectiveness. These tools are capable of machining a wide variety of materials, including steel, stainless steel, and cast iron, making them suitable for diverse industrial applications. The robustness of HSS tools allows for extended use without frequent replacement, reducing downtime and operational costs. Additionally, the precision offered by HSS tools ensures high-quality finishes and adherence to tight tolerances, which are critical in industries such as automotive, aerospace, and heavy machinery. The adaptability of HSS tools to various cutting conditions and their compatibility with different machine tools further enhance their utility in manufacturing processes. This versatility makes HSS tools a preferred choice for manufacturers seeking reliable and efficient solutions for their metal cutting needs.
How Are Innovations Enhancing the Performance of High Speed Steel Metal Cutting Tools?
Innovations in materials science and manufacturing techniques are continually enhancing the performance of High Speed Steel metal cutting tools. Advances in metallurgical processes have led to the development of improved HSS grades with higher alloy content, offering superior hardness and thermal stability. Coating technologies, such as Titanium Nitride (TiN) and Aluminum Titanium Nitride (AlTiN), are being applied to HSS tools to further increase their wear resistance and lifespan. These coatings reduce friction and heat generation during cutting, allowing for higher cutting speeds and improved tool performance. Additionally, precision grinding and machining techniques are being employed to produce HSS tools with finer cutting edges and better dimensional accuracy. These technological advancements not only extend the operational life of HSS tools but also enhance their cutting efficiency and productivity, meeting the evolving demands of modern manufacturing.
What Factors Are Driving the Growth of the High Speed Steel Metal Cutting Tools Market?
The growth in the High Speed Steel metal cutting tools market is driven by several factors that reflect technological advancements and industrial needs. One significant driver is the increasing demand for high-performance machining tools in industries such as automotive, aerospace, and general engineering, where precision and reliability are paramount. The ongoing advancements in HSS material properties and coating technologies are enhancing tool performance, making them more attractive to manufacturers. The rise in automation and the adoption of CNC machines are also contributing to market growth, as HSS tools are widely used in automated machining processes. Additionally, the expansion of manufacturing activities in emerging economies is boosting the demand for cost-effective and durable cutting tools. The focus on sustainable manufacturing practices is further promoting the use of HSS tools, as they offer long service life and reduce the frequency of tool replacement. These factors collectively underscore the dynamic growth of the High Speed Steel metal cutting tools market, ensuring its continued relevance and expansion in the manufacturing sector.
Report Scope
The report analyzes the High Speed Steel (HSS) Metal Cutting Tools market, presented in terms of market value (USD Thousand). The analysis covers the key segments and geographic regions outlined below.
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Key Insights:
Market Growth: Understand the significant growth trajectory of the HSS Tapping Tools segment, which is expected to reach $6.9 Billion by 2030 with a CAGR of a 5.5%. The HSS Milling Tools segment is also set to grow at 4.6% CAGR over the analysis period.
Regional Analysis: Gain insights into the U.S. market, valued at $3.3 Billion in 2024, and China, forecasted to grow at an impressive 8.5% CAGR to reach $3.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
Comprehensive Market Data: Independent analysis of annual sales and market forecasts in USD from 2024 to 2030.
In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
Company Profiles: Coverage of major players such as Addison & Co. Ltd., Aloris Tool Technology Co. Inc., BIG Kaiser Precision Tooling Inc., DeWALT, Greenfield Industries Inc. and more.
Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Why You Should Buy This Report:
Detailed Market Analysis: Access a thorough analysis of the Global High Speed Steel (HSS) Metal Cutting Tools Market, covering all major geographic regions and market segments.
Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global High Speed Steel (HSS) Metal Cutting Tools Market.
Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
How is the Global High Speed Steel (HSS) Metal Cutting Tools Market expected to evolve by 2030?
What are the main drivers and restraints affecting the market?
Which market segments will grow the most over the forecast period?
How will market shares for different regions and segments change by 2030?
Who are the leading players in the market, and what are their prospects?
Some of the 82 major companies featured in this High Speed Steel (HSS) Metal Cutting Tools market report include:
Addison & Co. Ltd.
Aloris Tool Technology Co. Inc.
BIG Kaiser Precision Tooling Inc.
DeWALT
Greenfield Industries Inc.
Guhring Inc.
Kennametal Inc.
LMT Group
LMT Onsrud LP
LMT Tools USA L.P.
Morse Cutting Tools
Nachi America Inc.
Nachi-Fujikoshi Corp.
Niagara Cutter LLC
OSG Corporation
OSG Korea Corporation
OSG USA Inc.
Raymond Limited
Shanghai Machine Tool Works Ltd.
Somta Tools (Pty) Ltd.
Sutton Tools
Tiangong International Co. Ltd.
Tivoly SA
Walter AG
YG-1 Tool Co. Ltd.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Global Economic Update
High Speed Steel (HSS) Metal Cutting Tools - Global Key Competitors Percentage Market Share in 2025 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Increasing Demand for Precision Engineering Propels Growth in HSS Metal Cutting Tools Market
Advances in Coating Technologies Strengthen Business Case for High-Performance HSS Tools
Rising Adoption of Automated Manufacturing Expands Addressable Market Opportunity
Technological Innovations in Tool Geometry Generate Market Opportunities for Enhanced Cutting Efficiency
Growth of the Automotive and Aerospace Sectors Spurs Demand for High-Quality HSS Cutting Tools
Regulatory Compliance and Standards Drive Adoption of Certified HSS Tools
Increasing Focus on Tool Longevity and Durability Sustains Growth in HSS Cutting Tools Market
Expansion of Infrastructure and Construction Activities Drives Demand for Metal Cutting Tools
Integration of AI and IoT in Manufacturing Processes Accelerates Adoption of Smart HSS Tools
Strategic Collaborations and Partnerships Accelerate Innovation in HSS Tool Technologies
Demand for High-Speed Machining in Electronics Industry Propels Growth in HSS Tools Market
Rising Use of HSS Tools in Medical Device Manufacturing Drives Market Expansion
Global Economic Growth and Industrialization Generate Opportunities in HSS Metal Cutting Tools Market
4. GLOBAL MARKET PERSPECTIVE
Table 1: World High Speed Steel (HSS) Metal Cutting Tools Market Analysis of Annual Sales in US$ Million for Years 2015 through 2030
Table 2: World Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
Table 3: World Historic Review for High Speed Steel (HSS) Metal Cutting Tools by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
Table 4: World 15-Year Perspective for High Speed Steel (HSS) Metal Cutting Tools by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2015, 2025 & 2030
Table 5: World Recent Past, Current & Future Analysis for HSS Tapping Tools by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
Table 6: World Historic Review for HSS Tapping Tools by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
Table 7: World 15-Year Perspective for HSS Tapping Tools by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
Table 8: World Recent Past, Current & Future Analysis for HSS Milling Tools by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
Table 9: World Historic Review for HSS Milling Tools by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
Table 10: World 15-Year Perspective for HSS Milling Tools by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
Table 11: World Recent Past, Current & Future Analysis for HSS Drilling Tools by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
Table 12: World Historic Review for HSS Drilling Tools by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
Table 13: World 15-Year Perspective for HSS Drilling Tools by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
Table 14: World Recent Past, Current & Future Analysis for HSS Reaming & Counterboring Tools by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
Table 15: World Historic Review for HSS Reaming & Counterboring Tools by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
Table 16: World 15-Year Perspective for HSS Reaming & Counterboring Tools by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
Table 17: World Recent Past, Current & Future Analysis for HSS Gear Cutting Tools by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
Table 18: World Historic Review for HSS Gear Cutting Tools by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
Table 19: World 15-Year Perspective for HSS Gear Cutting Tools by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
Table 20: World Recent Past, Current & Future Analysis for HSS Broaching Tools by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
Table 21: World Historic Review for HSS Broaching Tools by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
Table 22: World 15-Year Perspective for HSS Broaching Tools by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
III. MARKET ANALYSIS
UNITED STATES
High Speed Steel (HSS) Metal Cutting Tools Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2025 (E)
Table 23: USA Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools by Product Type - HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
Table 24: USA Historic Review for High Speed Steel (HSS) Metal Cutting Tools by Product Type - HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
Table 25: USA 15-Year Perspective for High Speed Steel (HSS) Metal Cutting Tools by Product Type - Percentage Breakdown of Value Sales for HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools for the Years 2015, 2025 & 2030
CANADA
Table 26: Canada Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools by Product Type - HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
Table 27: Canada Historic Review for High Speed Steel (HSS) Metal Cutting Tools by Product Type - HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
Table 28: Canada 15-Year Perspective for High Speed Steel (HSS) Metal Cutting Tools by Product Type - Percentage Breakdown of Value Sales for HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools for the Years 2015, 2025 & 2030
JAPAN
High Speed Steel (HSS) Metal Cutting Tools Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2025 (E)
Table 29: Japan Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools by Product Type - HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
Table 30: Japan Historic Review for High Speed Steel (HSS) Metal Cutting Tools by Product Type - HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
Table 31: Japan 15-Year Perspective for High Speed Steel (HSS) Metal Cutting Tools by Product Type - Percentage Breakdown of Value Sales for HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools for the Years 2015, 2025 & 2030
CHINA
High Speed Steel (HSS) Metal Cutting Tools Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2025 (E)
Table 32: China Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools by Product Type - HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
Table 33: China Historic Review for High Speed Steel (HSS) Metal Cutting Tools by Product Type - HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
Table 34: China 15-Year Perspective for High Speed Steel (HSS) Metal Cutting Tools by Product Type - Percentage Breakdown of Value Sales for HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools for the Years 2015, 2025 & 2030
EUROPE
High Speed Steel (HSS) Metal Cutting Tools Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2025 (E)
Table 35: Europe Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
Table 36: Europe Historic Review for High Speed Steel (HSS) Metal Cutting Tools by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
Table 37: Europe 15-Year Perspective for High Speed Steel (HSS) Metal Cutting Tools by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2015, 2025 & 2030
Table 38: Europe Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools by Product Type - HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
Table 39: Europe Historic Review for High Speed Steel (HSS) Metal Cutting Tools by Product Type - HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
Table 40: Europe 15-Year Perspective for High Speed Steel (HSS) Metal Cutting Tools by Product Type - Percentage Breakdown of Value Sales for HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools for the Years 2015, 2025 & 2030
FRANCE
High Speed Steel (HSS) Metal Cutting Tools Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2025 (E)
Table 41: France Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools by Product Type - HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
Table 42: France Historic Review for High Speed Steel (HSS) Metal Cutting Tools by Product Type - HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
Table 43: France 15-Year Perspective for High Speed Steel (HSS) Metal Cutting Tools by Product Type - Percentage Breakdown of Value Sales for HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools for the Years 2015, 2025 & 2030
GERMANY
High Speed Steel (HSS) Metal Cutting Tools Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2025 (E)
Table 44: Germany Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools by Product Type - HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
Table 45: Germany Historic Review for High Speed Steel (HSS) Metal Cutting Tools by Product Type - HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
Table 46: Germany 15-Year Perspective for High Speed Steel (HSS) Metal Cutting Tools by Product Type - Percentage Breakdown of Value Sales for HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools for the Years 2015, 2025 & 2030
ITALY
Table 47: Italy Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools by Product Type - HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
Table 48: Italy Historic Review for High Speed Steel (HSS) Metal Cutting Tools by Product Type - HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
Table 49: Italy 15-Year Perspective for High Speed Steel (HSS) Metal Cutting Tools by Product Type - Percentage Breakdown of Value Sales for HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools for the Years 2015, 2025 & 2030
UNITED KINGDOM
High Speed Steel (HSS) Metal Cutting Tools Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2025 (E)
Table 50: UK Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools by Product Type - HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
Table 51: UK Historic Review for High Speed Steel (HSS) Metal Cutting Tools by Product Type - HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
Table 52: UK 15-Year Perspective for High Speed Steel (HSS) Metal Cutting Tools by Product Type - Percentage Breakdown of Value Sales for HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools for the Years 2015, 2025 & 2030
SPAIN
Table 53: Spain Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools by Product Type - HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
Table 54: Spain Historic Review for High Speed Steel (HSS) Metal Cutting Tools by Product Type - HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
Table 55: Spain 15-Year Perspective for High Speed Steel (HSS) Metal Cutting Tools by Product Type - Percentage Breakdown of Value Sales for HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools for the Years 2015, 2025 & 2030
RUSSIA
Table 56: Russia Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools by Product Type - HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
Table 57: Russia Historic Review for High Speed Steel (HSS) Metal Cutting Tools by Product Type - HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
Table 58: Russia 15-Year Perspective for High Speed Steel (HSS) Metal Cutting Tools by Product Type - Percentage Breakdown of Value Sales for HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools for the Years 2015, 2025 & 2030
REST OF EUROPE
Table 59: Rest of Europe Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools by Product Type - HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
Table 60: Rest of Europe Historic Review for High Speed Steel (HSS) Metal Cutting Tools by Product Type - HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
Table 61: Rest of Europe 15-Year Perspective for High Speed Steel (HSS) Metal Cutting Tools by Product Type - Percentage Breakdown of Value Sales for HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools for the Years 2015, 2025 & 2030
ASIA-PACIFIC
High Speed Steel (HSS) Metal Cutting Tools Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2025 (E)
Table 62: Asia-Pacific Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
Table 63: Asia-Pacific Historic Review for High Speed Steel (HSS) Metal Cutting Tools by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
Table 64: Asia-Pacific 15-Year Perspective for High Speed Steel (HSS) Metal Cutting Tools by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2015, 2025 & 2030
Table 65: Asia-Pacific Recent Past, Current & Future Analysis for High Speed Steel (HSS) Metal Cutting Tools by Product Type - HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
Table 66: Asia-Pacific Historic Review for High Speed Steel (HSS) Metal Cutting Tools by Product Type - HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
Table 67: Asia-Pacific 15-Year Perspective for High Speed Steel (HSS) Metal Cutting Tools by Product Type - Percentage Breakdown of Value Sales for HSS Tapping Tools, HSS Milling Tools, HSS Drilling Tools, HSS Reaming & Counterboring Tools, HSS Gear Cutting Tools and HSS Broaching Tools for the Years 2015, 2025 & 2030
AUSTRALIA
High Speed Steel (HSS) Metal Cutting Tools Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2025 (E)
INDIA
High Speed Steel (HSS) Metal Cutting Tools Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2025 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
High Speed Steel (HSS) Metal Cutting Tools Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2025 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
High Speed Steel (HSS) Metal Cutting Tools Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2025 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
High Speed Steel (HSS) Metal Cutting Tools Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2025 (E)
About the High Speed Steel Metal Cutting Tools Market
High Speed Steel (HSS) metal cutting tools are a type of cutting tool used in the metals and minerals industry. HSS tools are made from a combination of molybdenum, tungsten, and cobalt, and are designed to cut through hard metals and alloys. They are used in a variety of applications, including drilling, milling, reaming, and tapping. HSS tools are known for their durability and resistance to wear, making them ideal for high-speed machining operations.
HSS tools are available in a variety of shapes and sizes, and can be customized to meet specific requirements. They are also available in a range of coatings, such as titanium nitride and titanium aluminum nitride, which can improve their performance and extend their life.
Some companies in the HSS metal cutting tools market include Sandvik Coromant, Kennametal, Iscar, Sumitomo Electric Hardmetal, and Mitsubishi Materials. Show Less Read more
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