Selecting the proper cutting tool material for a specific machining application can provide substantial advantages, including increased productivity, improved quality, and reduced costs. This article begins with a description of the factors affecting the selection of a cutting tool material. This is followed by a schematic representation of their relative application ranges in terms of machining speeds and feed rates. The article provides a detailed account of chemical compositions of various tool materials, including high-speed tool steels, cobalt-base alloys, cemented carbides, cermets, ceramics, cubic boron nitride, and polycrystalline diamond. It compares the toughness, and wear resistance for these cutting tool materials. Finally, the article explains the steps for selecting tool material grades for specific application.