Global High-speed Steel Metal Cutting Tools Market Projected to Register A CAGR of 4.8% Between 2016-2020

Date: 2016-09-22

High-speed steel (HSS) metal-cutting tools are used for the development of products with increased/desired dimensional accuracy. The different grades of HSS metal-cutting tools are T1, T4, T6, M2, M4, M15, and M42. HSS metal-cutting tools are used for several applications such as milling, tapping, drilling, counter-boring, gear cutting, reaming, and broaching. 

In application market, these cutting tools are adopted across industries such as Automotive, Industrial Machinery, Aerospace and Defense, Shipbuilding, and Electrical and Electronics.

With stable growing world economy, the Global High-speed Steel Metal Cutting Tools Market Projected to Register A CAGR of 4.8% Between 2016-2020, the Automotive is witnessed to attribute the highest impetus to the High-speed Steel Metal Cutting Tools Market followed by Industrial Machinery, in addition, the electrical and electronics will continue to play key role in High-speed Steel Metal Cutting Tools market as the global demand for consumer electronics.

According to research, Global High-speed Steel Metal Cutting Tools Market Projected to Register a CAGR of 4.8% between 2016-2020.

Global leading players such as Addison & Co., Ltd., Aloris Tool Technology Co., Inc., BIG Kaiser Precision Tooling, Inc., Bohler Uddeholm Corporation, Crucible Industries, DeWALT, Erasteel SAS, Guhring, Inc., Kennametal, Inc., LMT Onsrud LP, LMT USA, Inc., Morse Cutting Tools, Inc., Nachi-Fujikoshi Corporation, Nachi America, Inc., Niagara Cutter, Inc., Nippon Koshuha Steel Group, OSG Corporation, OSG Korea Corporation, OSG Tap & Die, Inc., Raymond Limited, Sandvik AB, Dormer Tools, Inc., Sandvik Coromant, SCHMOLZ + BICKENBACH AG, Sumitomo Electric Industries, Ltd.., Tiangong International, Tivoly SA, Tivoly, Inc., Walter AG, and YG-1 Tool Co., Ltd.

High-speed Steel Metal Cutting Tools market share by region as following:

high-speed-steel-metal-cutting-tools

Read Full Report: http://www.gosreports.com/global-high-speed-steel-metal-cutting-tools-equipment-market/

Joanna | Executive – International Business and partner Relations
E-mail: info@gosreports.com | Tel: 510-400-8520
Web: www.gosreports.com
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