Quick Summary:
Unlock new pathways for strategic decision making with an investment in our comprehensive market report on the Global Heat Treated Steel Plates Market. A rapidly evolving industry, this market is projected to escalate from its current value of US$6.1 Billion to reach an impressive US$8.2 Billion by 2030. Navigating this growth trajectory calls for insightful data, enriching knowledge, and a deep understanding of the market trends and behaviors, which is exactly what our report aims to deliver.
This valuable document brings an integrated perspective on the market, covering segments such as Case Hardening, which is projected to notch a 4.8% CAGR and hit US$2.8 Billion by the end of 2030. With analysis rooted in the ongoing post-pandemic recovery, our report also considers the Hardening & Tempering segment’s adjusted 3.4% CAGR over the next 8-year period. Designed to keep you one step ahead, our report includes data from key markets such as the US and China, which offer competing growth rates.
With content presented in an easy-to-comprehend format, this report serves as a handy reference for top executives, helping them decipher market signals, trends, and trajectories, ultimately leading to informed strategic decisions.
Global Heat Treated Steel Plates Market to Reach $8.2 Billion by 2030
The global market for Heat Treated Steel Plates estimated at US$6.1 Billion in the year 2022, is projected to reach a revised size of US$8.2 Billion by 2030, growing at a CAGR of 3.8% over the analysis period 2022-2030. Case Hardening, one of the segments analyzed in the report, is projected to record 4.8% CAGR and reach US$2.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Hardening & Tempering segment is readjusted to a revised 3.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.7 Billion, While China is Forecast to Grow at 6.5% CAGR
The Heat Treated Steel Plates market in the U.S. is estimated at US$1.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2030 trailing a CAGR of 6.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2% and 3.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.5% CAGR.Select Competitors (Total 19 Featured) -
- Ansteel Group Corp. Ltd.
- ArcelorMittal
- ATI (Allegheny Technologies)
- Baosteel Group Corporation
- Bisalloy Jigang (Shandong) Steel Plate Co. Ltd.
- Essar Steel India Ltd.
- Evraz North America
- Hyundai Steel Co., Ltd.
- JFE Holdings, Inc.
- Jiangsu Shagang Group
- Jindal Steel & Power Ltd.
- JSW Steel Ltd.
- Metinvest Holding, LLC
- Nippon Steel & Sumitomo Metal Corporation
- Novolipetsk Steel
- Outokumpu Oyj
- Posco Co., Ltd.
- Simplex Metal & Alloys
- Stanch Stainless Steel
- Steel Authority of India Ltd. (SAIL)
- Tata Steel Ltd.
- ThyssenKrupp AG
- Triton Alloys
- Vitkovice Steel, A.S.
- Voestalpine AG
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Heat Treated Steel Plates?
What is the growth rate of the Global Market for Heat Treated Steel Plates?
What is the forecasted size of the Global Market for Heat Treated Steel Plates?
Who are the key companies in the Global Market for Heat Treated Steel Plates?
| Report Attribute | Details |
|---|---|
| No. of Pages | 183 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 6.1 Billion |
| Forecasted Market Value ( USD | $ 8.2 Billion |
| Compound Annual Growth Rate | 3.8% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Ansteel Group Corp. Ltd.
- ArcelorMittal
- ATI (Allegheny Technologies)
- Baosteel Group Corporation
- Bisalloy Jigang (Shandong) Steel Plate Co. Ltd.
- Essar Steel India Ltd.
- Evraz North America
- Hyundai Steel Co., Ltd.
- JFE Holdings, Inc.
- Jiangsu Shagang Group
- Jindal Steel & Power Ltd.
- JSW Steel Ltd.
- Metinvest Holding, LLC
- Nippon Steel & Sumitomo Metal Corporation
- Novolipetsk Steel
- Outokumpu Oyj
- Posco Co., Ltd.
- Simplex Metal & Alloys
- Stanch Stainless Steel
- Steel Authority of India Ltd. (SAIL)
- Tata Steel Ltd.
- ThyssenKrupp AG
- Triton Alloys
- Vitkovice Steel, A.S.
- Voestalpine AG
