Heat Treating Market - Trends Forecast Till 2028

Heat Treating Market, By Material Type (Steel, cast iron), By Process Type (Hardening & tempering, Normalizing, Annealing, Case hardening), By Equipment Type (Electrically heated furnace and Fuel-fired furnace), By Application (Automotive, Machine, Metalworking, Aerospace and Construction) and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: December, 2021

Base Year Estimate: 2020

Report ID: D-SE-HTM-1036

Format:  

Number of Pages: 392

Domain: Semiconductors & Electronics

Heat Treating Market – Trends Forecast Till 2028

The global Heat-Treating Market size is projected to reach a CAGR of 6.2% from 2021-2028.

Heat treatment is the process of heating metal without letting it reach its molten or melting stage, and then cooling the metal in a controlled way to select desired mechanical properties. Heat treatment is used to either make metal stronger or more malleable, more resistant to abrasion or more ductile.

Increasing demand for heat treatment of components from the automotive industry and rapid technological advancements are some of the factors that have supported long-term expansion for Heat Treating Market.

Heat Treating Market Size Analysis

The U.S and Canada dominate the heat-treating equipment market in North America. Increase in demand for equipment such as furnaces and ovens are attributed to growth of automobile and aviation industries.

Heat Treating Market is segmented into material type, process type, equipment type, application and region.

On the basis of Material Type

  • Steel
  • Cast iron

On the basis of Process Type

  • Electrically heated furnace
  • Fuel-fired furnace
  • Others

On the basis of Equipment Type

  • Electrically heated furnace
  • Fuel-fired furnace
  • Others

On the basis of Application

  • Automotive
  • Machine
  • Metalworking
  • Aerospace
  • Construction
  • Others

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Heat Treating Market Primary Respondent

 

Key Players

  • CM Furnaces Inc.
  • REMIX SA
  • AFC-Holcroft
  • Keith Company
  • J.L Becker Co
  • The Grieve Corporation
  • SECO/WARWICK Allied Pvt. Ltd.
  • Triad Engineers
  • Unitherm Engineers Limited
  • Nabertherm GmbH
  • Pacific Metallurgical, Inc.
  • Shanghai Heat Treatment Co. Ltd.
  • General Metal Heat Treating, Inc.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Heat Treating Market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Growth Rate

CAGR of 6.2% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

material type, process type, equipment type, application and region.

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

CM Furnaces Inc., REMIX SA, AFC-Holcroft, Keith Company, J.L Becker Co and The Grieve Corporation, SECO/WARWICK Allied Pvt. Ltd.

Triad Engineers, Unitherm Engineers Limited

Nabertherm GmbH, Pacific Metallurgical, Inc., Shanghai Heat Treatment Co. Ltd., General Metal Heat Treating, Inc.

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