The Global H13 Steel Powder Market was valued at USD 380 Million in 2024 and is projected to reach USD 656 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 8.0% during the forecast period (2024–2032). This growth is being driven by expanding demand from mold manufacturing and automotive sectors, rapid adoption of additive manufacturing (AM) technologies, and the accelerating need for high-performance tool steels capable of withstanding extreme thermal and mechanical conditions across industrial applications.

As the advanced materials industry transforms toward precision engineering and next-generation manufacturing, the spotlight is on the key powder producers who are driving innovation, quality, and performance. In this blog, we profile the Top 10 Companies in the H13 Steel Powder Industry—a mix of established metal powder giants, specialty steel producers, and additive manufacturing pioneers shaping the future of global tooling and industrial manufacturing.

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🕐 1. Toshiba Materials Co., Ltd.

Headquarters: Yokohama, Japan
Key Offering: Gas-Atomized H13 Steel Powder, Specialty Metal Powders

Toshiba Materials leads the competitive H13 steel powder landscape with its proprietary gas atomization technology that consistently produces spherical powders with excellent flow characteristics and tight particle size distributions. The company’s powder division serves the mold and die industry across Asia with unmatched precision and reliability. Its 2023 expansion of the Kitakyushu powder plant underscores its long-term commitment to meeting surging demand from the region’s mold manufacturing sector.

Key Strengths:

• Proprietary gas atomization process delivering superior spherical morphology

• Expanded production capacity serving Asia-Pacific mold and die markets

• Consistent particle size distribution optimized for powder bed fusion applications

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② 2. Sandvik AB

Headquarters: Stockholm, Sweden
Key Offering: Osprey® H13 Steel Powder, Custom Particle Size Distributions

Sandvik is one of the most recognized names in metal powder production globally. Through its Sandvik Additive Manufacturing division, the company offers high-purity H13 tool steel powder under the Osprey® brand, with formulations precisely engineered for laser powder bed fusion (LPBF) and directed energy deposition (DED) processes. Sandvik’s vertically integrated production capabilities and extensive distribution network across Europe and North America give it a decisive competitive edge, particularly in aerospace and precision tooling applications where material consistency is non-negotiable.

Key Strengths:

• Vertically integrated powder manufacturing with strict quality control

• Customized particle size distributions for specialized AM applications

• Strong R&D investment in next-generation tool steel formulations

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③ 3. Carpenter Technology Corporation

Headquarters: Reading, Pennsylvania, USA
Key Offering: CarTech® H13 Powder, Additive Manufacturing Grade Alloys

Carpenter Technology is a cornerstone of the North American specialty alloys market, and its additive manufacturing powder portfolio includes high-performance H13 tool steel designed for demanding tooling and mold applications. The company’s expertise in vacuum induction melting and gas atomization ensures low oxygen content and excellent powder cleanliness—attributes critically important for producing defect-free components via 3D printing. Carpenter Technology actively collaborates with aerospace and automotive OEMs to validate H13 powder performance in production environments.

Key Strengths:

• Deep metallurgical expertise spanning over 130 years

• Low oxygen, high-purity powder grades for critical AM applications

• Active OEM partnerships in aerospace and automotive sectors

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④ 4. Höganäs AB

Headquarters: Höganäs, Sweden
Key Offering: Tool Steel Powders including H13 Grade, Powder Metallurgy Solutions

Höganäs AB is the world’s largest producer of metal powders and maintains a strong position in the H13 steel powder segment through its advanced powder metallurgy and water atomization technologies. The company serves a broad range of industrial markets including automotive tooling, structural components, and additive manufacturing. Höganäs has been actively investing in upgrading its atomization facilities to produce gas-atomized grades with improved sphericity to address the growing requirements of the AM industry.

Key Strengths:

• World’s largest metal powder producer with unmatched scale

• Broad distribution network across Europe, Asia, and the Americas

• Ongoing investments in gas atomization capacity for AM-grade powders

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H13 Steel Powder Market – View in Detailed Research Report

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⑤ 5. Kennametal Inc.

Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: H13 Tool Steel Powder, Wear-Resistant Alloy Powders

Kennametal is a globally recognized leader in tooling and industrial materials, and its powder portfolio includes H13 steel designed for both conventional powder metallurgy and advanced additive manufacturing applications. The company’s in-depth understanding of wear mechanisms and thermal fatigue behavior in tooling environments allows it to develop powder formulations specifically tailored to maximize the service life of molds and dies. Kennametal’s strong foothold in the U.S. manufacturing sector gives it reliable access to key automotive and industrial end-users.

Key Strengths:

• Application-specific powder formulations for molds and dies

• Strong technical support capabilities for industrial manufacturers

• Proven track record in wear-resistant tooling material supply

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⑥ 6. Desktop Metal, Inc.

Headquarters: Burlington, Massachusetts, USA
Key Offering: H13 Powder optimized for Binder Jetting and Single Pass Jetting™

Desktop Metal represents the new generation of additive manufacturing companies that are reshaping how H13 steel powder is processed and utilized. The company has developed optimized H13 powder formulations specifically engineered for its binder jetting technology, enabling high-throughput production of complex tooling components with reduced lead times. Desktop Metal’s powders feature improved recyclability and controlled oxygen content—factors that are increasingly critical for industrial-scale 3D printing of molds and dies. Its innovative approach is helping bridge the gap between traditional tooling manufacturing and the additive future.

Key Strengths:

• Binder jetting-optimized H13 powder with superior recyclability

• Enabling high-throughput production of complex tool geometries

• Reduced oxygen content critical for industrial AM applications

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⑦ 7. ArcelorMittal S.A.

Headquarters: Luxembourg City, Luxembourg
Key Offering: Specialty Steel Powders, H13-Grade Tool Steel Products

ArcelorMittal, the world’s second-largest steel producer, brings significant raw material advantages and metallurgical expertise to the H13 steel powder market. The company leverages its upstream steel production capabilities to ensure consistent alloy chemistry in its powder outputs, which is a key differentiator for customers requiring batch-to-batch reproducibility in critical tooling applications. ArcelorMittal’s global reach across over 60 countries enables it to serve both established and emerging markets with reliable supply chains for specialty steel powder products.

Key Strengths:

• Upstream steel production integration ensuring alloy chemistry consistency

• Global supply chain covering over 60 countries

• Scale advantages supporting competitive pricing for industrial customers

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⑧ 8. Daido Steel Co., Ltd.

Headquarters: Nagoya, Japan
Key Offering: DAH13 Tool Steel Powder, Hot Work Die Steel Grades

Daido Steel is one of Japan’s premier specialty steel manufacturers with a long-standing reputation in hot work die steel production. Its H13 powder offering draws on decades of metallurgical refinement in die steel chemistry, making it particularly well-suited for demanding mold applications in the automotive and electronics sectors. The company’s deep relationships with Japanese automotive OEMs and tier-one suppliers give it privileged access to a high-value customer base that demands consistent, well-characterized powder materials for precision tooling production.

Key Strengths:

• Decades of expertise in hot work die steel metallurgy

• Strong relationships with Japanese automotive and electronics OEMs

• Well-characterized powder grades with proven performance data

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⑨ 9. JFE Steel Corporation

Headquarters: Tokyo, Japan
Key Offering: H13 Steel Powder, Atomized Tool Steel Products

JFE Steel Corporation is one of Japan’s largest integrated steel producers and an established supplier of specialty steel powders to industrial markets across Asia. The company’s H13 powder products are widely used in mold manufacturing and powder metallurgy component production throughout the region. JFE Steel’s investment in advanced atomization infrastructure and quality management systems enables it to produce powders that meet the increasingly stringent specifications demanded by automotive tooling and aerospace fixture manufacturers in Japan, South Korea, and China.

Key Strengths:

• Integrated steel production supporting consistent raw material quality

• Advanced atomization infrastructure with strong quality management

• Broad market access across Japan, South Korea, and China

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👑 10. American Elements

Headquarters: Los Angeles, California, USA
Key Offering: H13 Steel Powder, Custom Alloy Powders for Research and Industrial Applications

American Elements is a leading manufacturer and supplier of advanced materials, offering H13 steel powder in a wide range of particle sizes and purities to serve both research institutions and industrial manufacturers. The company’s strength lies in its ability to produce small-to-medium volume quantities of customized H13 powder formulations, making it the preferred partner for universities, national laboratories, and manufacturers who are actively developing new additive manufacturing processes or exploring novel H13 applications. Furthermore, American Elements maintains one of the most extensive catalogs of specialty metal powders available globally, enabling it to serve highly diversified customer requirements.

Key Strengths:

• Wide particle size range and customizable powder specifications

• Preferred supplier for R&D institutions and AM process developers

• Extensive specialty materials catalog supporting diverse industrial needs

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H13 Steel Powder Market – View in Detailed Research Report

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🌎 Outlook: The Future of H13 Steel Powder Is Smarter and More Precise

The H13 steel powder market is undergoing a meaningful transformation. While conventional powder metallurgy applications continue to form the backbone of demand, the industry is channeling significant capital into additive manufacturing-grade powder development, atomization technology upgrades, and application-specific alloy customization to meet the evolving needs of mold makers, aerospace engineers, and automotive manufacturers.

📈 Key Trends Shaping the Market:

• Rapid expansion of gas-atomized H13 powder capacity across North America, Europe, and Asia-Pacific

• Growing adoption of binder jetting and laser powder bed fusion for complex tooling production

• Automotive lightweighting programs driving demand for durable H13 die casting tooling

• Increasing aerospace and energy sector interest in H13-printed fixtures and turbine tooling components

Read Full Report:
H13 Steel Powder Market – View in Detailed Research Report

The companies profiled above are not only supplying the materials that keep global manufacturing running—they’re spearheading the advanced materials revolution that will define the next era of industrial production.