The Global Heat Treated Steel Plates Market is expected to grow at a CAGR of 3.8% during the forecast period (2020-2027).
Increasing demand for Heat Treated Steel Plates is driven by its application in construction and pressure vessels used in the field of power industries, military, oil & gas fields.
Global production of Hot Rolled Steel Plates, 2007-2019, in thousand metric tons
There is a global increase in the construction business of buildings, bridges and improved infrastructure. Heat Treated Steel Plates find applications in these fields for its improved mechanical properties.
This acts as one of the major drivers for the market. In the field of marine and oil & gas operations as well, Heat Treated Steel Plates are used for storage tankers and boilers.
Thus, Heat Treated Steel Plates are in demand currently.
The main restraints for the market include surface distortions that are associated with Heat Treated Steel Plates if the heating is not uniform in nature or the steel is overheated. There are chances of surface oxidation or other contamination as well, not to mention the cost issues required to process the Steel Plates in the first place.
Based on Type, the market is segmented into Carbon Steel, Alloy Steel, Stainless Steel and Tool Steel. Carbon Steel currently leads by market share owing to the fact that it is easily available, cost-effective to process, and has a variety of structural applications such as fasteners and bolts.
The Stainless Steel market is however expected to grow at a faster rate because of its high resistance to corrosion and long durability.
Geographically, Asia Pacific leads by market share due to the presence of key industry players in the region and a higher consumer demand for Heat Treated Steel Plates.
The region is expected to hold steady as the market leader since the presence of emerging economies like China and India with their large share of urban population will make sure that the demand never falters.
DataM analyses the complete scenario of the Global Heat Treated Steel Plates market, market segmentation, geography analysis, companies, trends and opportunities in the market.
The market is further categorized based on Treatment, which includes Annealing, Normalizing, Stress Relieving, and Quenching & Tempering. The market is segmented based on an application such as Construction, Pressure Vessels, Marine, Military, and Others.
The report segments the geographies by regions, which include Asia Pacific, North America, South America, Europe, and RoW.
The report covers the factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles. The report profiles the following companies, which includes ArcelorMittal, Baosteel Co., Ltd., POSCO, Nippon Steel & Sumitomo Metal Corporation, JPE Steel Corporation, Jiangsu Shagang Group, Tata Steel, US Steel, Ansteel Group Corporation Limited and Gerdau S.A.
Quenching & Tempering
Rest of the World
Visualize the composition of the Heat Treated Steel Plates market across each indication, in terms of type and applications, highlighting the key commercial assets and players.
Identify commercial opportunities in Heat Treated Steel Plates by analyzing trends and co-development deals.
Excel data sheet with thousands of data points of the Heat Treated Steel Plates market level 4/5 segmentation
PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
Product mapping in excel for the key Heat Treated Steel Plates products of all major market players.
Raw Material Suppliers/ Buyers
Product Suppliers/ Buyers
Industry Investors/Investment Bankers
1.1 Research methodology
1.2 Scope of the Report
2.1 Key Trends & Developments
3.1 Industry Impact Factors (Drivers & Restraints)
3.2 Competitive Intensity- Porter 5 Forces
4.1. By Type
4.1.1. Carbon Steel
4.1.2. Alloy Steel
4.1.3. Stainless Steel
4.1.4. Tool Steel
4.2. By Treatment
4.2.3. Stress Relieving
4.2.4. Quenching & Tempering
4.3. By Application
4.3.2. Pressure Vessel
4.4. By Geography
4.4.1. Asia Pacific
220.127.116.11. South Korea
18.104.22.168. The United Kingdom
4.4.3. North America
22.214.171.124. The US
4.4.4. South America
5.1 Market Share Analysis
5.2 Key Strategies adopted by Manufacturers
5.3 Product Benchmarking
6.2 Baosteel Co., Ltd.
6.4 Nippon Steel & Sumitomo Metal Corporation
6.5 JPE Steel Corporation
6.6 Jiangsu Shagang Group
6.7 Tata Steel
6.8 US Steel
6.9 Ansteel Group Corporation Limited
6.10 Gerdau S.A.
7.2 List of Tables
7.3 Expert Panel Validation
7.5 Contact Us
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