
Global Heat-treated Steel Plates Market Size study, by Steel Type (Carbon, Alloy, Stainless), by Treatment (Quenching & Tempering, Normalizing, Stress Relieving), by Application (Construction, Energy, Industrial Machinery), and Regional Forecasts 2022-203
Description
Global Heat-treated Steel Plates Market Size study, by Steel Type (Carbon, Alloy, Stainless), by Treatment (Quenching & Tempering, Normalizing, Stress Relieving), by Application (Construction, Energy, Industrial Machinery), and Regional Forecasts 2022-2032
The Global Heat-treated Steel Plates Market is valued approximately at USD 126.07 billion in 2023 and is anticipated to grow with a healthy growth rate of 3.53% over the forecast period 2024-2032. Heat-treated steel plates form a fundamental part of various industries by offering enhanced mechanical properties like increased strength, ductility, and wear resistance. These plates undergo specific treatment processes such as quenching, tempering, and stress relieving to achieve the desired performance attributes, making them indispensable for demanding applications in construction, energy production, and industrial machinery. Their critical role in enhancing safety and operational efficiency across sectors underscores the growing market demand.
The market's expansion is driven by the escalating construction activities globally, bolstered by increasing investments in infrastructure development. The energy sector, with its rising emphasis on renewable and non-renewable power generation, further fuels the demand for durable and high-performance steel plates. For instance, advancements in quenching and tempering technologies have enabled manufacturers to produce plates with superior fatigue resistance, extending their application to high-stress environments. However, the industry faces challenges such as high production costs and stringent environmental regulations, which may impede growth. Nevertheless, ongoing innovations and the adoption of sustainable manufacturing practices present promising opportunities for market players.
Key regions considered in the Global Heat-treated Steel Plates Market study include North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In 2023, Asia Pacific dominated the market, driven by robust growth in industrial activities and construction projects, particularly in emerging economies like China and India. Europe and North America follow closely, leveraging advancements in manufacturing technologies and a focus on energy-efficient solutions. Meanwhile, Latin America and the Middle East & Africa are poised for substantial growth, supported by infrastructural development and industrial expansion.
Prominent players in the Global Heat-treated Steel Plates Market include Nippon Steel Corporation, ArcelorMittal, JFE Steel Corporation, Tata Steel, Essar Steel, POSCO, Thyssenkrupp AG, SSAB AB, Outokumpu, United States Steel Corporation, Baosteel Group Corporation, Nucor Corporation, Ansteel Group Corporation, Hyundai Steel, and Voestalpine AG.
The detailed segments and sub-segments of the market are explained below:
By Steel Type
• Carbon
• Alloy
• Stainless
By Treatment
• Quenching & Tempering
• Normalizing
• Stress Relieving
By Application
• Construction
• Energy
• Industrial Machinery
By Region:
North America
• U.S.
• Canada
Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific
Latin America
• Brazil
• Mexico
Middle East & Africa
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa
Years considered for the study are as follows:
• Historical year: 2022
• Base year: 2023
• Forecast period: 2024 to 2032
Key Takeaways:
• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional-level analysis for each market segment.
• Detailed analysis of the geographical landscape with country-level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approaches.
• Analysis of the competitive structure of the market.
• Demand-side and supply-side analysis of the market.
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Table of Contents
285 Pages
- Chapter 1. Global Heat-treated Steel Plates Market Executive Summary 1.1. Global Heat-treated Steel Plates Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Steel Type
- 1.3.2. By Treatment
- 1.3.3. By Application
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
- Chapter 2. Global Heat-treated Steel Plates Market Definition and Research Assumptions 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer’s Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory Frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
- Chapter 3. Global Heat-treated Steel Plates Market Dynamics 3.1. Market Drivers
- 3.1.1. Escalating Global Construction Activities
- 3.1.2. Rising Demand in the Energy Sector
- 3.1.3. Technological Advancements in Heat Treatment Processes
- 3.2. Market Challenges
- 3.2.1. High Production Costs
- 3.2.2. Stringent Environmental Regulations
- 3.3. Market Opportunities
- 3.3.1. Innovation in Sustainable Manufacturing Practices
- 3.3.2. Expansion in Emerging Markets
- 3.3.3. Increased Adoption in Industrial Machinery
- Chapter 4. Global Heat-treated Steel Plates Market Industry Analysis 4.1. Porter’s 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter’s 5 Force Model
- 4.1.7. Porter’s 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top Investment Opportunities
- 4.4. Top Winning Strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
- Chapter 5. Global Heat-treated Steel Plates Market Size & Forecasts by Steel Type 2022-2032 5.1. Segment Dashboard
- 5.2. Global Heat-treated Steel Plates Market: Steel Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Carbon
- 5.2.2. Alloy
- 5.2.3. Stainless
- Chapter 6. Global Heat-treated Steel Plates Market Size & Forecasts by Treatment 2022-2032 6.1. Segment Dashboard
- 6.2. Global Heat-treated Steel Plates Market: Treatment Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Quenching & Tempering
- 6.2.2. Normalizing
- 6.2.3. Stress Relieving
- Chapter 7. Global Heat-treated Steel Plates Market Size & Forecasts by Application 2022-2032 7.1. Segment Dashboard
- 7.2. Global Heat-treated Steel Plates Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 7.2.1. Construction
- 7.2.2. Energy
- 7.2.3. Industrial Machinery
- Chapter 8. Global Heat-treated Steel Plates Market Size & Forecasts by Region 2022-2032 8.1. North America Heat-treated Steel Plates Market
- 8.1.1. U.S. Heat-treated Steel Plates Market
- 8.1.1.1. Carbon Steel Breakdown Size & Forecasts, 2022-2032
- 8.1.1.2. Application Breakdown Size & Forecasts, 2022-2032
- 8.1.2. Canada Heat-treated Steel Plates Market
- 8.2. Europe Heat-treated Steel Plates Market
- 8.2.1. UK Heat-treated Steel Plates Market
- 8.2.2. Germany Heat-treated Steel Plates Market
- 8.2.3. France Heat-treated Steel Plates Market
- 8.2.4. Spain Heat-treated Steel Plates Market
- 8.2.5. Italy Heat-treated Steel Plates Market
- 8.2.6. Rest of Europe Heat-treated Steel Plates Market
- 8.3. Asia-Pacific Heat-treated Steel Plates Market
- 8.3.1. China Heat-treated Steel Plates Market
- 8.3.2. India Heat-treated Steel Plates Market
- 8.3.3. Japan Heat-treated Steel Plates Market
- 8.3.4. Australia Heat-treated Steel Plates Market
- 8.3.5. South Korea Heat-treated Steel Plates Market
- 8.3.6. Rest of Asia Pacific Heat-treated Steel Plates Market
- 8.4. Latin America Heat-treated Steel Plates Market
- 8.4.1. Brazil Heat-treated Steel Plates Market
- 8.4.2. Mexico Heat-treated Steel Plates Market
- 8.4.3. Rest of Latin America Heat-treated Steel Plates Market
- 8.5. Middle East & Africa Heat-treated Steel Plates Market
- 8.5.1. Saudi Arabia Heat-treated Steel Plates Market
- 8.5.2. South Africa Heat-treated Steel Plates Market
- 8.5.3. Rest of Middle East & Africa Heat-treated Steel Plates Market
- Chapter 9. Competitive Intelligence 9.1. Key Company SWOT Analysis
- 9.1.1. Nippon Steel Corporation
- 9.1.2. ArcelorMittal
- 9.1.3. JFE Steel Corporation
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. Nippon Steel Corporation
- 9.3.1.1. Key Information
- 9.3.1.2. Overview
- 9.3.1.3. Financial (Subject to Data Availability)
- 9.3.1.4. Product Summary
- 9.3.1.5. Market Strategies
- 9.3.2. ArcelorMittal
- 9.3.3. JFE Steel Corporation
- 9.3.4. Tata Steel
- 9.3.5. Essar Steel
- 9.3.6. POSCO
- 9.3.7. Thyssenkrupp AG
- 9.3.8. SSAB AB
- 9.3.9. Outokumpu
- 9.3.10. United States Steel Corporation
- Chapter 10. Research Process 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- List of Tables
- TABLE 1. Global Heat-treated Steel Plates Market, Report Scope
- TABLE 2. Global Heat-treated Steel Plates Market Estimates & Forecasts by Region 2022-2032 (USD Million/Billion)
- TABLE 3. Global Heat-treated Steel Plates Market Estimates & Forecasts by Steel Type 2022-2032 (USD Million/Billion)
- TABLE 4. Global Heat-treated Steel Plates Market Estimates & Forecasts by Treatment 2022-2032 (USD Million/Billion)
- TABLE 5. Global Heat-treated Steel Plates Market Estimates & Forecasts by Application 2022-2032 (USD Million/Billion)
- TABLE 6. Global Heat-treated Steel Plates Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 7. Global Heat-treated Steel Plates Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 8. Global Heat-treated Steel Plates Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 9. Global Heat-treated Steel Plates Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 10. Global Heat-treated Steel Plates Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 11. Global Heat-treated Steel Plates Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 12. Global Heat-treated Steel Plates Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 13. Global Heat-treated Steel Plates Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 14. Global Heat-treated Steel Plates Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 15. U.S. Heat-treated Steel Plates Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 16. U.S. Heat-treated Steel Plates Market Estimates & Forecasts by Segment 2022-2032 (USD Million/Billion)
- TABLE 17. U.S. Heat-treated Steel Plates Market Estimates & Forecasts by Segment 2022-2032 (USD Million/Billion)
- TABLE 18. Canada Heat-treated Steel Plates Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 19. Canada Heat-treated Steel Plates Market Estimates & Forecasts by Segment 2022-2032 (USD Million/Billion)
- TABLE 20. Canada Heat-treated Steel Plates Market Estimates & Forecasts by Segment 2022-2032 (USD Million/Billion)
- This list is not complete, final report does contain more than 100 tables. The list may be updated in the final deliverable.
- List of Figures
- FIGURE 1. Global Heat-treated Steel Plates Market, Research Methodology
- FIGURE 2. Global Heat-treated Steel Plates Market, Market Estimation Techniques
- FIGURE 3. Global Market Size Estimates & Forecast Methods
- FIGURE 4. Global Heat-treated Steel Plates Market, Key Trends 2023
- FIGURE 5. Global Heat-treated Steel Plates Market, Growth Prospects 2022-2032
- FIGURE 6. Global Heat-treated Steel Plates Market, Porter’s 5 Force Model
- FIGURE 7. Global Heat-treated Steel Plates Market, PESTEL Analysis
- FIGURE 8. Global Heat-treated Steel Plates Market, Value Chain Analysis
- FIGURE 9. Global Heat-treated Steel Plates Market by Segment, 2022 & 2032 (USD Million/Billion)
- FIGURE 10. Global Heat-treated Steel Plates Market by Segment, 2022 & 2032 (USD Million/Billion)
- FIGURE 11. Global Heat-treated Steel Plates Market by Segment, 2022 & 2032 (USD Million/Billion)
- FIGURE 12. Global Heat-treated Steel Plates Market by Segment, 2022 & 2032 (USD Million/Billion)
- FIGURE 13. Global Heat-treated Steel Plates Market by Segment, 2022 & 2032 (USD Million/Billion)
- FIGURE 14. Global Heat-treated Steel Plates Market, Regional Snapshot 2022 & 2032
- FIGURE 15. North America Heat-treated Steel Plates Market 2022 & 2032 (USD Million/Billion)
- FIGURE 16. Europe Heat-treated Steel Plates Market 2022 & 2032 (USD Million/Billion)
- FIGURE 17. Asia Pacific Heat-treated Steel Plates Market 2022 & 2032 (USD Million/Billion)
- FIGURE 18. Latin America Heat-treated Steel Plates Market 2022 & 2032 (USD Million/Billion)
- FIGURE 19. Middle East & Africa Heat-treated Steel Plates Market 2022 & 2032 (USD Million/Billion)
- FIGURE 20. Global Heat-treated Steel Plates Market, Company Market Share Analysis (2023)
- This list is not complete, final report does contain more than 50 figures. The list may be updated in the final deliverable.
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