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Oct 96 min read

Germany Powder High Speed Steel Market Outlook and Forecast 2024-2030

Germany Powder High Speed Steel market size was valued at US$ 128.4 million in 2024 and is projected to reach US$ 163.7 million by 2030, at a CAGR of 4.1% during the forecast period 2024-2030.


High-performance steel produced through powder metallurgy processes, used in cutting tools and high-wear applications.


The German Powder High Speed Steel market is growing moderately, driven by demand from the automotive, aerospace, and machining industries. Germany's leadership in precision engineering and advanced manufacturing supports market stability. There's increasing adoption of powder metallurgy HSS in complex-shaped cutting tools and wear-resistant components. The aerospace sector utilizes PM HSS tools for machining difficult-to-cut materials like titanium alloys. Innovation focuses on developing nano-structured HSS powders for enhanced performance and longer tool life. Challenges include competition from carbide tools and the need for specialized production equipment. The market is adapting to the trend towards high-speed and dry machining, driving research into HSS grades with improved thermal stability. Manufacturers are investing in advanced atomization technologies to produce high-purity, spherical HSS powders. The growing importance of additive manufacturing creates opportunities for HSS powders in 3D-printed tooling applications. Research explores the potential of HSS-based metal matrix composites for extreme wear resistance. The market faces pressure to develop more energy-efficient production processes and improve material utilization. As electric vehicle production increases, there's potential for specialized HSS tools in battery component manufacturing. The market must navigate varying performance requirements across different machining applications and workpiece materials. Ongoing research into cryogenic treatment of PM HSS may lead to tools with superior wear resistance and toughness.


This report contains market size and forecasts of Powder High Speed Steel in Germany, including the following market information:

•    Germany Powder High Speed Steel Market Revenue, 2019-2024, 2024-2030, ($ millions)

•    Germany Powder High Speed Steel Market Sales, 2019-2024, 2024-2030,

•    Germany Top five Powder High Speed Steel companies in 2023 (%)


Report Includes


This report presents an overview of Germany market for Powder High Speed Steel , sales, revenue and price. Analyses of the Germany market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.


This report focuses on the Powder High Speed Steel sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the Germany Powder High Speed Steel market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.


This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.


This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type


•    ASP23

•    ELMAX

Segment by Applications


•    Cutting tool

•    Cold work mould


Key Companies covered in this report:


•    Thyssenkrupp AG

•    Buderus Edelstahl GmbH

•    Schmiedewerke Gröditz GmbH

•    Saarstahl AG

•    Bohler-Uddeholm AG

•    Deutsche Edelstahlwerke GmbH

•    Voestalpine AG

•    Georgsmarienhütte GmbH

•    BGH Edelstahlwerke GmbH

•    Salzgitter AG


Including or excluding key companies relevant to your analysis.

Competitor Analysis


The report also provides analysis of leading market participants including:

•    Key companies Powder High Speed Steel revenues in Germanyn market, 2019-2024 (Estimated), ($ millions)

•    Key companies Powder High Speed Steel revenues share in Germanyn market, 2023 (%)

•    Key companies Powder High Speed Steel sales in Germanyn market, 2019-2024 (Estimated),

•    Key companies Powder High Speed Steel sales share in Germanyn market, 2023 (%)


Key Indicators Analysed

•    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

•    Germanyn Market Analysis: The report includes Germanyn market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

•    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

•    Opportunities and Drivers: Identifying the Growing Demands and New Technology

•    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.


Key Benefits of This Market Research:

•    Industry drivers, restraints, and opportunities covered in the study

•    Neutral perspective on the market performance

•    Recent industry trends and developments

•    Competitive landscape & strategies of key players

•    Potential & niche segments and regions exhibiting promising growth covered

•    Historical, current, and projected market size, in terms of value

•    In-depth analysis of the Powder High Speed Steel Market

•    Overview of the regional outlook of the Powder High Speed Steel Market


Key Reasons to Buy this Report:


•    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

•    This enables you to anticipate market changes to remain ahead of your competitors

•    You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents

•    The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

•    Provision of market value (USD Billion) data for each segment and sub-segment

•    Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

•    Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

•    Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

•    Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

•    The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

•    Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

•    Provides insight into the market through Value Chain

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    6-month post-sales analyst support


We offer additional regional and global reports that are similar:

•    Global Powder High Speed Steel Market 

•    United States Powder High Speed Steel Market 

•    Japan Powder High Speed Steel Market 

•    Germany Powder High Speed Steel Market 

•    South Korea Powder High Speed Steel Market 

•    Indonesia Powder High Speed Steel Market 

•    Brazil Powder High Speed Steel Market


Customization of the Report: In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are meet.


Table of content


1 STUDY COVERAGE


1.1 Powder High Speed Steel Product Introduction


1.2 Market by Type


1.2.1 Germanyn Powder High Speed Steel Market Size Growth Rate by Type, 2019 VS 2023 VS 20301.2.2 ASP23    1.2.3 ELMAX

1.3 Market by Application


1.3.1 Germany Powder High Speed Steel Market Size Growth Rate by Application, 2019 VS 2023 VS 20301.3.2    Cutting tool1.3.3    Cold work mould1.4 Germany Powder High Speed Steel Sales Estimates and Forecasts 2019-20301.5 Germany Powder High Speed Steel Hydrocephalus Shunts Revenue Estimates and Forecasts 2019-20301.6 Study Objectives1.7 Years Considered


2 COMPETITION BY MANUFACTURERS


2.1 Germany Powder High Speed Steel Sales by Manufacturers2.1.1 Germany Powder High Speed Steel Sales by Manufacturers (2019-2024)2.1.2 Germany Powder High Speed Steel Sales Market Share by Manufacturers (2019-2024)2.1.3 Top Largest Manufacturers of Powder High Speed Steel in 2023 in Germany2.2 Germany Powder High Speed Steel Revenue by Manufacturers2.2.1 Germany Powder High Speed Steel Revenue by Manufacturers (2019-2024)2.2.2 Germany Powder High Speed Steel R

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