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Global Vanadium High Speed Steel Market Research Report 2024
Synopsis
The global Vanadium High Speed Steel market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
The driving factors for the use and development of vanadium high-speed steel (VHSS) are as follows:
1. High-temperature performance: VHSS is known for its excellent heat resistance, which enables it to maintain its hardness and strength even at high temperatures. This makes it suitable for applications that involve cutting, drilling, and machining at elevated temperatures, such as in aerospace, automotive, and tooling industries.
2. Wear resistance: VHSS has superior wear resistance compared to traditional high-speed steels. It can withstand abrasive wear and maintain its cutting edge, allowing for longer tool life and increased productivity. This is particularly important in industries that require frequent and prolonged cutting, such as machining and metalworking.
3. Improved toughness: VHSS has higher toughness compared to conventional high-speed steels, which prevents tools from chipping or breaking during use. This enhances the overall performance and reliability of cutting tools, reducing the need for frequent tool replacements and downtime.
4. Versatility: VHSS can be used for a wide range of applications, including milling, drilling, turning, and broaching. Its versatility makes it well-suited for various industries, from automotive and aerospace to general engineering and manufacturing.
This report aims to provide a comprehensive presentation of the global market for Vanadium High Speed 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 Vanadium High Speed Steel.
Report Scope
The Vanadium High Speed Steel market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Vanadium High Speed 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 Vanadium High Speed 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
By Company
Sandvik AB
Nachi-Fujikoshi
OSG
Kennametal
YG-1 Tool
Walter AG
Tiangong International
Shanghai Tool Works
Sumitomo Electric Industries
TDC Cutting Tools
Segment by Type
High Carbon And Vanadium High Speed Steel
Standard Economical High-Speed Tool Steel
Segment by Application
Cutting Cutlery
Precision Cutlery
Special Cutting Cutlery
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
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 Vanadium High Speed Steel manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Vanadium High Speed 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 Vanadium High Speed 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.
The global Vanadium High Speed Steel market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
The driving factors for the use and development of vanadium high-speed steel (VHSS) are as follows:
1. High-temperature performance: VHSS is known for its excellent heat resistance, which enables it to maintain its hardness and strength even at high temperatures. This makes it suitable for applications that involve cutting, drilling, and machining at elevated temperatures, such as in aerospace, automotive, and tooling industries.
2. Wear resistance: VHSS has superior wear resistance compared to traditional high-speed steels. It can withstand abrasive wear and maintain its cutting edge, allowing for longer tool life and increased productivity. This is particularly important in industries that require frequent and prolonged cutting, such as machining and metalworking.
3. Improved toughness: VHSS has higher toughness compared to conventional high-speed steels, which prevents tools from chipping or breaking during use. This enhances the overall performance and reliability of cutting tools, reducing the need for frequent tool replacements and downtime.
4. Versatility: VHSS can be used for a wide range of applications, including milling, drilling, turning, and broaching. Its versatility makes it well-suited for various industries, from automotive and aerospace to general engineering and manufacturing.
This report aims to provide a comprehensive presentation of the global market for Vanadium High Speed 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 Vanadium High Speed Steel.
Report Scope
The Vanadium High Speed Steel market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Vanadium High Speed 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 Vanadium High Speed 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
By Company
Sandvik AB
Nachi-Fujikoshi
OSG
Kennametal
YG-1 Tool
Walter AG
Tiangong International
Shanghai Tool Works
Sumitomo Electric Industries
TDC Cutting Tools
Segment by Type
High Carbon And Vanadium High Speed Steel
Standard Economical High-Speed Tool Steel
Segment by Application
Cutting Cutlery
Precision Cutlery
Special Cutting Cutlery
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
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 Vanadium High Speed Steel manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Vanadium High Speed 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 Vanadium High Speed 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.
Index1 Vanadium High Speed Steel Market Overview
1.1 Product Definition
1.2 Vanadium High Speed Steel Segment by Type
1.2.1 Global Vanadium High Speed Steel Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 High Carbon And Vanadium High Speed Steel
1.2.3 Standard Economical High-Speed Tool Steel
1.3 Vanadium High Speed Steel Segment by Application
1.3.1 Global Vanadium High Speed Steel Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Cutting Cutlery
1.3.3 Precision Cutlery
1.3.4 Special Cutting Cutlery
1.4 Global Market Growth Prospects
1.4.1 Global Vanadium High Speed Steel Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Vanadium High Speed Steel Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Vanadium High Speed Steel Production Estimates and Forecasts (2019-2030)
1.4.4 Global Vanadium High Speed Steel Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Vanadium High Speed Steel Production Market Share by Manufacturers (2019-2024)
2.2 Global Vanadium High Speed Steel Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Vanadium High Speed Steel, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Vanadium High Speed Steel Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Vanadium High Speed Steel Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Vanadium High Speed Steel, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Vanadium High Speed Steel, Product Offered and Application
2.8 Global Key Manufacturers of Vanadium High Speed Steel, Date of Enter into This Industry
2.9 Vanadium High Speed Steel Market Competitive Situation and Trends
2.9.1 Vanadium High Speed Steel Market Concentration Rate
2.9.2 Global 5 and 10 Largest Vanadium High Speed Steel Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Vanadium High Speed Steel Production by Region
3.1 Global Vanadium High Speed Steel Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Vanadium High Speed Steel Production Value by Region (2019-2030)
3.2.1 Global Vanadium High Speed Steel Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Vanadium High Speed Steel by Region (2025-2030)
3.3 Global Vanadium High Speed Steel Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Vanadium High Speed Steel Production by Region (2019-2030)
3.4.1 Global Vanadium High Speed Steel Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Vanadium High Speed Steel by Region (2025-2030)
3.5 Global Vanadium High Speed Steel Market Price Analysis by Region (2019-2024)
3.6 Global Vanadium High Speed Steel Production and Value, Year-over-Year Growth
3.6.1 North America Vanadium High Speed Steel Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Vanadium High Speed Steel Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Vanadium High Speed Steel Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Vanadium High Speed Steel Production Value Estimates and Forecasts (2019-2030)
4 Vanadium High Speed Steel Consumption by Region
4.1 Global Vanadium High Speed Steel Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Vanadium High Speed Steel Consumption by Region (2019-2030)
4.2.1 Global Vanadium High Speed Steel Consumption by Region (2019-2024)
4.2.2 Global Vanadium High Speed Steel Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Vanadium High Speed Steel Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Vanadium High Speed Steel Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Vanadium High Speed Steel Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Vanadium High Speed Steel Consumption by Country (2019-2030)
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 Vanadium High Speed Steel Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Vanadium High Speed Steel Consumption by Region (2019-2030)
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 Vanadium High Speed Steel Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Vanadium High Speed Steel Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Vanadium High Speed Steel Production by Type (2019-2030)
5.1.1 Global Vanadium High Speed Steel Production by Type (2019-2024)
5.1.2 Global Vanadium High Speed Steel Production by Type (2025-2030)
5.1.3 Global Vanadium High Speed Steel Production Market Share by Type (2019-2030)
5.2 Global Vanadium High Speed Steel Production Value by Type (2019-2030)
5.2.1 Global Vanadium High Speed Steel Production Value by Type (2019-2024)
5.2.2 Global Vanadium High Speed Steel Production Value by Type (2025-2030)
5.2.3 Global Vanadium High Speed Steel Production Value Market Share by Type (2019-2030)
5.3 Global Vanadium High Speed Steel Price by Type (2019-2030)
6 Segment by Application
6.1 Global Vanadium High Speed Steel Production by Application (2019-2030)
6.1.1 Global Vanadium High Speed Steel Production by Application (2019-2024)
6.1.2 Global Vanadium High Speed Steel Production by Application (2025-2030)
6.1.3 Global Vanadium High Speed Steel Production Market Share by Application (2019-2030)
6.2 Global Vanadium High Speed Steel Production Value by Application (2019-2030)
6.2.1 Global Vanadium High Speed Steel Production Value by Application (2019-2024)
6.2.2 Global Vanadium High Speed Steel Production Value by Application (2025-2030)
6.2.3 Global Vanadium High Speed Steel Production Value Market Share by Application (2019-2030)
6.3 Global Vanadium High Speed Steel Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Sandvik AB
7.1.1 Sandvik AB Vanadium High Speed Steel Corporation Information
7.1.2 Sandvik AB Vanadium High Speed Steel Product Portfolio
7.1.3 Sandvik AB Vanadium High Speed Steel Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Sandvik AB Main Business and Markets Served
7.1.5 Sandvik AB Recent Developments/Updates
7.2 Nachi-Fujikoshi
7.2.1 Nachi-Fujikoshi Vanadium High Speed Steel Corporation Information
7.2.2 Nachi-Fujikoshi Vanadium High Speed Steel Product Portfolio
7.2.3 Nachi-Fujikoshi Vanadium High Speed Steel Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Nachi-Fujikoshi Main Business and Markets Served
7.2.5 Nachi-Fujikoshi Recent Developments/Updates
7.3 OSG
7.3.1 OSG Vanadium High Speed Steel Corporation Information
7.3.2 OSG Vanadium High Speed Steel Product Portfolio
7.3.3 OSG Vanadium High Speed Steel Production, Value, Price and Gross Margin (2019-2024)
7.3.4 OSG Main Business and Markets Served
7.3.5 OSG Recent Developments/Updates
7.4 Kennametal
7.4.1 Kennametal Vanadium High Speed Steel Corporation Information
7.4.2 Kennametal Vanadium High Speed Steel Product Portfolio
7.4.3 Kennametal Vanadium High Speed Steel Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Kennametal Main Business and Markets Served
7.4.5 Kennametal Recent Developments/Updates
7.5 YG-1 Tool
7.5.1 YG-1 Tool Vanadium High Speed Steel Corporation Information
7.5.2 YG-1 Tool Vanadium High Speed Steel Product Portfolio
7.5.3 YG-1 Tool Vanadium High Speed Steel Production, Value, Price and Gross Margin (2019-2024)
7.5.4 YG-1 Tool Main Business and Markets Served
7.5.5 YG-1 Tool Recent Developments/Updates
7.6 Walter AG
7.6.1 Walter AG Vanadium High Speed Steel Corporation Information
7.6.2 Walter AG Vanadium High Speed Steel Product Portfolio
7.6.3 Walter AG Vanadium High Speed Steel Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Walter AG Main Business and Markets Served
7.6.5 Walter AG Recent Developments/Updates
7.7 Tiangong International
7.7.1 Tiangong International Vanadium High Speed Steel Corporation Information
7.7.2 Tiangong International Vanadium High Speed Steel Product Portfolio
7.7.3 Tiangong International Vanadium High Speed Steel Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Tiangong International Main Business and Markets Served
7.7.5 Tiangong International Recent Developments/Updates
7.8 Shanghai Tool Works
7.8.1 Shanghai Tool Works Vanadium High Speed Steel Corporation Information
7.8.2 Shanghai Tool Works Vanadium High Speed Steel Product Portfolio
7.8.3 Shanghai Tool Works Vanadium High Speed Steel Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Shanghai Tool Works Main Business and Markets Served
7.7.5 Shanghai Tool Works Recent Developments/Updates
7.9 Sumitomo Electric Industries
7.9.1 Sumitomo Electric Industries Vanadium High Speed Steel Corporation Information
7.9.2 Sumitomo Electric Industries Vanadium High Speed Steel Product Portfolio
7.9.3 Sumitomo Electric Industries Vanadium High Speed Steel Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Sumitomo Electric Industries Main Business and Markets Served
7.9.5 Sumitomo Electric Industries Recent Developments/Updates
7.10 TDC Cutting Tools
7.10.1 TDC Cutting Tools Vanadium High Speed Steel Corporation Information
7.10.2 TDC Cutting Tools Vanadium High Speed Steel Product Portfolio
7.10.3 TDC Cutting Tools Vanadium High Speed Steel Production, Value, Price and Gross Margin (2019-2024)
7.10.4 TDC Cutting Tools Main Business and Markets Served
7.10.5 TDC Cutting Tools Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Vanadium High Speed Steel Industry Chain Analysis
8.2 Vanadium High Speed Steel Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Vanadium High Speed Steel Production Mode & Process
8.4 Vanadium High Speed Steel Sales and Marketing
8.4.1 Vanadium High Speed Steel Sales Channels
8.4.2 Vanadium High Speed Steel Distributors
8.5 Vanadium High Speed Steel Customers
9 Vanadium High Speed Steel Market Dynamics
9.1 Vanadium High Speed Steel Industry Trends
9.2 Vanadium High Speed Steel Market Drivers
9.3 Vanadium High Speed Steel Market Challenges
9.4 Vanadium High Speed Steel Market Restraints
10 Research Finding 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
Published By : QY Research
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