Cracible Particle Metallurgy High Speed Steel (HSS), is a form of tool steel alloyed with tungsten, cobalt and molybdenum for superior wear resistance combined with high toughness and heat resistant properties. HSS is used in a wide variety of applications, including cutting tools for metal, wood, and plastics as well as blades used in medical instruments and machine tools. HSS has traditionally been used for the manufacture of drill bits, taps, saws, and dies.
HSS is a premium cutting tool material in high demand globally. Developments in powdered metallurgy have enabled HSS to be produced economically in longer lengths with sharper cutting edges than those produced by traditional hot rolling or iron forging methods. This has led to a surge in the popularity and usage of HSS for a range of industries, such as automotive, aviation, and medical. The global market for HSS is projected to reach a value of USD 11.94 Billion by 2027 at a CAGR of 5.3%.
A detailed market research report on Global Cracible Particle Metallurgy High Speed Steel Market available at: https://www.themarketreports.com/report/global-cracible-particle-metallurgy-high-speed-steel-market-research-report
This report aims to provide a comprehensive presentation of the global market for Cracible Particle Metallurgy 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 Cracible Particle Metallurgy High Speed Steel.
The Cracible Particle Metallurgy High Speed Steel market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Cracible Particle Metallurgy High Speed Steel market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
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