The global market for high-speed steel (HSS) twist drills is growing steadily. According to recent industry reports, the market is expected to expand from USD 2.5 billion in 2025 to USD 3.68 billion by 2033, with an average annual growth rate of around 5%. This rise is driven by the recovery of global manufacturing, increasing use of power tools, and continuous improvements in drill bit materials and production technology.
Asia-Pacific remains the largest and fastest-growing region, led by China India and other southeast countries. China, in particular, plays a key role thanks to its strong manufacturing base, complete supply chain, and rising demand from both infrastructure projects and daily industrial use. HSS twist drills are widely used in metalworking, construction, woodworking, and general DIY, offering good performance at affordable prices.
In recent years, many Chinese companies have stepped up their efforts to compete in global markets. In Jiangsu Jiacheng Tools, we founded in 2011 that specializes in HSS twist drill production and export. With advanced grinding equipment and coating technologies, Jiacheng Tools focuses on consistent quality and reliable performance. Today, our products are exported to 19 countries, including the USA, Germany, Russia, Brazil, and markets in the Middle East, and it supplies over 20 international brands.
To meet different customer needs, Jiacheng also offers custom drill sizes, private label packaging, and quick-change drill designs. These features help serve wholesalers, industrial users, and retailers more efficiently. While still a growing company, Jiacheng Tools reflects the broader trend of Chinese manufacturers moving toward better quality and international cooperation.
Looking ahead, coated drills, quick-change systems, and smart manufacturing will shape the future of the HSS twist drill market. With a focus on value, reliability, and service, Chinese suppliers are expected to play an even bigger part in the global tool industry in the years to come.
Post time: Jul-08-2025