Prof Research published a new market report on the high-speed steel cutting tools market. It presents the largest 12 manufacturers in the high-speed steel cutting tools market. The report is a professional and in-depth study on the current state of the global high-speed steel cutting tools market with a focus on the Chinese market. The report provides key statistics on the market for high-speed steel cutting tools.  It is a valuable source of guidance and direction for companies and individuals interested in the high-speed steel cutting tools industry.

The global high-speed steel cutting tools market was valued to be 3,316.72 million USD in 2020. The high-speed steel cutting tools production value is anticipated to have grown with a CAGR of 4.76% in the coming years to reach 4,383.33 million USD in 2026.

Sandvik is the largest manufacturer of high-speed steel cutting tools in the world, it has a market share of 29.28% in value. It is operating in segments of Mining, Engineering, Automotive, Energy, Construction, and Aerospace.

ISCAR is the second-largest manufacturer of high-speed steel cutting tools in the world, it has a market share of 15.18% in value. ISCAR Ltd. is an Israeli multinational metal cutting tools company affiliated with one of the world's largest metalworking conglomerates, the IMC Group (International Metalworking Companies).

Kennametal is the third-largest manufacturer of high-speed steel cutting tools in the world, it has a market share of 9.92% in value. The Company operates in two segments, Metal Cutting and Infrastructure.

OSG Corporation is the fourth largest manufacturer of high-speed steel cutting tools in the world, it has a market share of 8.80% in value. It is operating in segments of Taps, Endmills, Drills, and Rolling Dies.