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Global Wear Resistant Steel Supply, Demand and Key Producers, 2026-2032

Publisher GlobalInfoResearch
Published Jan 05, 2026
Length 148 Pages
SKU # GFSH20787472

Description

The global Wear Resistant Steel market size is expected to reach $ 6289 million by 2032, rising at a market growth of 4.5% CAGR during the forecast period (2026-2032).

Wear Resistant Steel are carbon steels used in high abrasion environments, such as in mining equipment, shredders or dumper bodies. Their abrasion resistance is typically measured in terms of indentation hardness.

Global key players of Wear Resistant Steel include SSAB, LY STEEL, JFE, ThyssenKrupp, ESSAR Steel Algoma, etc. The top five players hold a share about 63%. Europe is the largest market, and has a share about 34%, followed by North America and Asia-Pacific with share 29% and 27%, separately. In terms of product type, 500 HB is the largest segment, occupied for a share of 32%. In terms of application, Mining has a share about 56 percent.

This report studies the global Wear Resistant Steel production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Wear Resistant Steel and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Wear Resistant Steel that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Wear Resistant Steel total production and demand, 2021-2032, (K MT)

Global Wear Resistant Steel total production value, 2021-2032, (USD Million)

Global Wear Resistant Steel production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K MT), (based on production site)

Global Wear Resistant Steel consumption by region & country, CAGR, 2021-2032 & (K MT)

U.S. VS China: Wear Resistant Steel domestic production, consumption, key domestic manufacturers and share

Global Wear Resistant Steel production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K MT)

Global Wear Resistant Steel production byType, production, value, CAGR, 2021-2032, (USD Million) & (K MT)

Global Wear Resistant Steel production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K MT)

This report profiles key players in the global Wear Resistant Steel market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include SSAB, JFE, ThyssenKrupp, Dillinger, Bisalloy, ESSAR Steel Algoma, ArcelorMittal, NSSMC, NLMK Clabecq, Acroni, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Wear Resistant Steel market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (US$/MT) by manufacturer, byType, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global Wear Resistant Steel Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Wear Resistant Steel Market, Segmentation byType:
Under HBW 400
400 HB
450 HB
500 HB
Above HBW 500

Global Wear Resistant Steel Market, Segmentation by Application:
Mining
Recycling
Yellow Goods
Tippers
Agriculture
Forestry
Others

Companies Profiled:
SSAB
JFE
ThyssenKrupp
Dillinger
Bisalloy
ESSAR Steel Algoma
ArcelorMittal
NSSMC
NLMK Clabecq
Acroni
Salzgitter
LY STEEL
HBIS
Baowu Group
Bisalloy Jigang
NanoSteel
Tata Steel
voestalpine

Key Questions Answered:

1. How big is the global Wear Resistant Steel market?

2. What is the demand of the global Wear Resistant Steel market?

3. What is the year over year growth of the global Wear Resistant Steel market?

4. What is the production and production value of the global Wear Resistant Steel market?

5. Who are the key producers in the global Wear Resistant Steel market?

6. What are the growth factors driving the market demand?

Table of Contents

148 Pages
1 Supply Summary
2 Demand Summary
3 World Manufacturers Competitive Analysis
4 United States VS China VS Rest of the World
5 Market Analysis byType
6 Market Analysis by Application
7 Company Profiles
8 Industry Chain Analysis
9 Research Findings and Conclusion
10 Appendix

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