Global M42 High Speed Steel Sales Market Outlook & Forecast from 2016-2021

Published on : Apr 05, 2017

Albany, New York, April 5, 2017: High-speed steel has a faster cutting ability as compared to high carbon steel. There are several more features which make this product useful for a variety of applications.  Hence, an in-depth analysis centered at M42 High Speed Steel has been covered in a recent study titled, “Global M42 High Speed Steel Sales Market Analysis 2017, which has been added to the vast archive of Market Research Hub (MRH). This report segments the market on the basis of geography, product and application. Moreover, details related to the top players from the global scenario are carefully analyzed in this research report with a market forecast for the period 2016-2021.

M42 high speed steel is basically a premium cobalt high speed steel possessing a chemical composition which highlights its features comprising high hardness and superior hot hardness. With such qualities, M42 HSS is seen as an excellent choice for machining pre-hardened and high-strength steels. Moreover, it is also used to machine nonferrous super alloys utilized in the aerospace, power generation and oil industries. Moreover, M42 also exhibits excellent wear resistance. Also, the cutting edges present on tools made using M42 super high speed steel remain sharp and hard in high-production and heavy-duty cutting applications.

In the initial section of the report, the readers can access the M42 high speed steel market overview which covers product overview and scope. On a geographical basis, the global market has been segmented into different regions for which sales, market share, revenue and growth rate for the present as well as forecasted period until 2021 has been clearly mentioned. The key regions mentioned in the study include the United States, Europe, China, Japan, India and Southeast Asia.

Further, split by product types, the market can be divided into several types and applications. Both product and application of M42 high speed steel are targeted on the grounds of sales, revenue, price, gross margin, market share and growth rate.

In the next section, a brief description has been offered related to the key players from the global market for M42 high speed steel. The top players mentioned in the report include:

  • Sandvik AB
  • Kennametal
  • Nachi-Fujikoshi
  • OSG
  • Walter AG
  • YG-1 Tool
  • Shanghai Tool Works
  • Tiangong International
  • TDC Cutting Tools
  • Sumitomo Electric Industries

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For each of the above mentioned manufacturers, the report presents company information, manufacturing base as well as details related to competitors. Moreover, the report also encloses manufacturing cost analysis, sourcing strategy, industrial chain and downstream buyers. The concluding section of the report offers market effect factors such as technology progress, risks, consumer needs etc.  

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