According to a recent report published by Future Market Insights, the global high speed steel (HSS) tools market is forecast to increase at a 6% CAGR from 2023 to 2033. As of 2023, the market is likely to be valued at USD 5.9 billion and is ultimately likely to reach USD 10.6 billion by 2033. Following an …
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HSS (High-speed steel) Metal Cutting Tools Market Trends, Top Manufacturers, Statistics, Opportunities 2021
As per Future Market Insights’ analysis, the high-speed steel (HSS) tools market is projected to be valued at ~US$ 5.5 Bn in 2021, expanding at a CAGR of ~5.9% over the forecast period of 2021-2031. Industrial advancements across the globe and increasing investments in mechanical equipment are key factors fuelling the demand for HSS tools. The …