Knife Steel Market Growth, Trends And Forecast (2026 - 2031)
Market Overview The Knife Steel Market is gaining steady momentum as consumer expectations around durability, edge retention, corrosion resistance, and overall performance continue to rise. Knife steel forms the backbone of every cutting tool, from kitchen knives and outdoor survival blades to industrial cutting instruments and precision tools. As both professional users and hobbyists become more knowledgeable about steel compositions and heat treatment processes, demand is shifting toward high-performance alloys and specialty steels. The global Knife Steel market size is predicted to grow from US$ 915 million in 2025 to US$ 1319 million in 2031; it is expected to grow at a CAGR of 6.3% from 2025 to 2031. Manufacturers are increasingly focusing on advanced metallurgical techniques, including powder metallurgy and vacuum heat treatment, to enhance mechanical properties. The growing popularity of custom knife making and premium culinary tools has also fueled interest i...