The Global Tungsten High Speed Steel Market was valued at USD 1,533 Million in 2023 and is projected to reach USD 2,144.46 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 3.80% during the forecast period (2024-2032). This growth is driven by increasing demand from aerospace, automotive, and heavy equipment manufacturing sectors where superior hardness, wear resistance, and high-temperature performance are critical.
As manufacturing processes become more advanced and precision-driven, tungsten high speed steel (HSS) remains indispensable for cutting tools, dies, and other high-performance applications. In this analysis, we profile the Top 10 Companies in the Tungsten High Speed Steel Industry – established steel producers and specialty alloy innovators shaping the future of industrial tooling materials.
🔟 1. HEYE Special Steel
Headquarters: Jiangsu, China
Key Offering: W6Mo5Cr4V2, W18Cr4V Tungsten HSS Grades
HEYE Special Steel is China’s leading manufacturer of high-performance tool steels. The company supplies tungsten HSS to domestic toolmakers and international customers, with specialized products for industrial cutting and forming applications.
Technological Capabilities:
- Advanced micro-alloying technology for improved hardness
- Precision-controlled heat treatment processes
- Vertical integration from raw materials to finished products
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Tungsten High Speed Steel Market – View in Detailed Research Report
9️⃣ 2. Fuda Special Steel
