In the modern mechanical processing industry, material selection is the key to ensuring the performance, lifespan and cost control of parts. For engineering parts with medium-high strength, wear resistance, impact resistance and demanding heat treatment properties, 40Cr alloy structural steel is widely adopted due to its comprehensive excellent performance. This article will systematically introduce the chemical composition, physical and mechanical properties, heat treatment process, mechanical processing adaptability, typical applications, material selection comparison, advantages and disadvantages, as well as precautions during processing of 40Cr, to help engineers, purchasing personnel and manufacturers fully understand and correctly select this material.