Jun 12, 2020   SOURCE: BusinessWire

Global Heat-Treated Steel Plates Market Analysis to 2026 - Featuring ArcelorMittal, Baosteel & Essar Steel Among Others - ResearchAndMarkets.com

The "Global Heat-Treated Steel Plates Market Analysis 2020" report has been added to ResearchAndMarkets.com's offering.

The Global Heat-Treated Steel Plates market is expected to reach $165.73 billion by 2026 growing at a CAGR of 5.5% from 2018 to 2026.

Heat-treated steel plates are used to alter the physical and mechanical properties of steel without changing its shape. The heat treatment process helps to increase or improve hardness, ductility, elasticity, and toughness of the steel. There are four major types of heat treating processes for steel which includes annealing, tempering, normalizing, and quenching.

Factors such as rise in demand from end-user industries, and ability to reduce the weight of the structures are driving the market growth. Though, impact of economic downturn is restraining the market growth. Moreover, imposition of anti-dumping duties on import and growing demand from emerging regions are the opportunities for Heat-Treated Steel Plates market.

Based on steel type, the carbon steel segment is going to have a lucrative growth during the forecast period, due to the increasing demand from construction and manufacturing industries. The presence of high carbon content lowers the melting point and temperature-resistance of the steel plate. This property of carbon steel is further boosting the demand for carbon heat-treated steel plates.

Companies Mentioned

  • ArcelorMittal
  • Baosteel
  • Essar Steel
  • JFE Holdings
  • Nippon Steel & Sumitomo Metal Corporation
  • Novolipetsk Steel
  • Outokumpu
  • Posco
  • TATA Steel
  • Thyssenkrupp AG

Key Questions Answered in this Report:

  • How this market evolved since the year 2016
  • Market size estimations, forecasts and CAGR for all the segments presented in the scope
  • Key Market Developments and financials of the key players
  • Opportunity Analysis for the new entrants
  • SWOT Analysis of the key players
  • Fastest growing markets analyzed during the forecast period

Key Topics Covered:

1 Market Synopsis

2 Research Outline

2.1 Research Snapshot

2.2 Research Methodology

2.3 Research Sources

2.3.1 Primary Research Sources

2.3.2 Secondary Research Sources

3 Market Dynamics

3.1 Drivers

3.2 Restraints

4 Market Environment

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Heat-Treated Steel Plates Market, By Steel Type

5.1 Introduction

5.2 Alloy Steel

5.3 Carbon Steel

5.4 Stainless Steel

6 Global Heat-Treated Steel Plates Market, By Treatment

6.1 Introduction

6.2 Normalizing

6.3 Quenching & Tempering

6.4 Spheroidizing

6.5 Stress Relieving

7 Global Heat-Treated Steel Plates Market, By Application

7.1 Introduction

7.2 Automotive & Defense Vehicles

7.3 Construction

7.4 Energy & power

7.5 Industrial Machinery

7.6 Ship Building

8 Global Heat-Treated Steel Plates Market, By Geography

8.1 Introduction

8.2 North America

8.3 Europe

8.4 Asia Pacific

8.5 South America

8.6 Middle East & Africa

9 Strategic Benchmarking

10 Vendors Landscape

For more information about this report visit https://www.researchandmarkets.com/r/hnxmg5