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)
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.
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.
Insights are provided for each region and major countries within the regions
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. |
Available Customization |
In addition to the market data for Heat Treating Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Heat Treating Market is segmented into material type, process type, equipment type, application and region.