Booming Automotive Sector Drives the Tool Steel Market

Tool Steel Market OverviewGlobal Tool Steel Market to reach USD 6.29 billion at a CAGR of 6.64% from 2023 – 2032 (forecast period).Tool steel is a type of high-carbon and alloy steel that is specifically designed for the production of tools used in cutting, shaping, and forming materials. It possesses excellent hardness, wear resistance, toughness, and heat resistance, making it suitable for various industrial applications where tools need to withstand significant stress and wear.Tool steel […]