This document discusses different types of cutting tool materials. It begins by introducing the importance of selecting the right material for the application. High carbon steel and high-speed steel were early materials but have limitations. Modern materials include cemented tungsten carbide, ceramics, and coatings. Each material has different properties like hardness, toughness, wear resistance, and temperature performance that make it suitable for specific cutting applications. Selecting the optimal material involves balancing quality, cost and tool life.