Heat – Treated Steel Plates Market By Steel Type (Carbon, Alloys, & Stainless Steel), By Treatment (Quenching & Tempering, Normalizing, & Stress Reliving), By Application (Construction, Energy, Industrial Machinery), By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018–2023)

Heat – Treated Steel Plates Market By Steel Type (Carbon, Alloys, & Stainless Steel), By Treatment (Quenching & Tempering, Normalizing, & Stress Reliving), By Application (Construction, Energy, Industrial Machinery), By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018–2023)

ID: 8413 | Pages: 175 | March 2019 | Region: Global


Market Overview:

The Global Heat – Treated Steel Plates market is expected to witness very moderate growth in the forecast period (2018 – 2023). The Asia Pacific is expected to grow the most among all the regions.

Recent Developments:

  • A recent study was carried out on the influence of heat-treated Al–Si coating on the welding and microstructural inhomogeneity of hot stamped steel resistance nut projection welds. The study was carried out to study the welding range & joint strength (Pull out load). Poor weld strength was linked to microstructural inhomogeneity due to the formation of formation of second phase intermetallic compounds. [1]
  • An experimental study was done on steel 42SiCr when it heats treated by quenching & partitioning treatment about its mechanical strength & ductility. It was found that the strength was increased exponentially & high ductility was achieved. Results indicated that the joint formation was very good but the very brittle fracture was also observed when the conventional spot resistance welding process was employed. [2]
  • A study was conducted on the role of evolving microstructures on the mechanical behavior of P92 Steel welded joints in as-welded & post welded heat treated plates. The samples were subjected to two different post weld heat treatment (PWHT). It was found that samples treated with as – welded (PWDT) had small deposits of ferrite in the weld fusion zone & coarse grain in heat treated zone. [3]

Heat – Treated Steel Plates market value & expected growth:

The Global Heat – Treated Steel Plates market was $106.70 Billion in 2018. It is expected to be around $127.27 Billion in 2023 with a current CAGR of 3.65%.

Heat – Treated Steel Plates market Drivers & Restraints:

Rapid industrialization & urbanization have led to large investments from investors to increase the number of construction activities; the automobile sector has also grown which has caused the sudden growth in the market.

Heavy machinery industry is also one of the biggest consumers of this industry after the construction industry. The construction industry is the biggest segment in this market. Heat – Treated Steel Plates are raw materials for two major industrial sectors.

The shipbuilding industry is also one of the consumers feeding on this industry as a raw material. The increase in industrial waste, lack of awareness of the recyclability of materials & stringent environmental policies is some of the reasons that are inhibiting the growth of the market. A fluctuation in the market is also a negative factor for the market's growth.

Market Segmentation:

  • By Steel type (Carbon, Alloys, & Stainless Steel)
  • By Treatment (Quenching & Tempering, normalizing, & Stress Reliving)
  • By Region (North America, Europe, Latin America, Asia Pacific, & Middle East & Africa)

Geographical Analysis

By geography, the market is segmented into Latin America, Asia Pacific, Europe, North America, and the Middle East and Africa. The Asia Pacific is the largest & fastest growing market in the predicted forecast of all the regions due to rapidly developing economies. India & China are the largest consumers in this region. Large numbers of key market players in the region are one of the reasons for the growth of the market in the region.

Key Market Players:

Some of key market players are POSCO (South Korea), TATA Steel (India), Baosteel (China), JFE Holdings (Japan), Nippon Steel & Sumitomo Metal Corporation (Japan), ArcelorMittal, ThyssenKrupp AG (Germany), Outokumpu, Novolipetsk Steel, Vitkovice Steel and Essar Steel (India).

POSCO (South Korea) has varied products that can be used in many industries such as the energy sector, shipbuilding, construction, machinery. Specially treated steel plates are prepared that are more durable corrosion resistant & have high mechanical strength.

Research Report Key Highlights:

  • The evaluation of the current market for your product or services and the future implications of the market.
  • Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future Extensive segmentation to understand the dynamics of the market at a very granular level by splitting down the market to the smallest segment.
  • Addresses the key market dynamics involving the drivers, restraints, and challenges with an aim of providing insights for gaining market share.
  • The factors responsible for the shaping of the industry as it is as a result of the competitive environment are analyzed through Porter’s Five Forces.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                           

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                              

                2.2 Research Phases                      

                                2.2.1 Secondary Research            

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling     

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                      

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                             

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                      

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market               

5. Market Segmentation                                              

                5.1 Steel Type                   

                                5.1.1 Introduction           

                                5.1.2 Carbon     

                                5.1.3 Alloys        

                                5.1.4 Stainless Steel       

                                5.1.5  Y-o-Y Growth Analysis, By Steel Type          

                                5.1.6  Market Attractiveness Analysis, By Steel Type        

                                5.1.7  Market Share Analysis, By Steel type          

                5.2 Treatment                  

                                5.2.1 Introduction           

                                5.2.2 Tempering & Quenching   

                                5.2.3 Normalizing            

                                5.2.4 Stress reliving        

                                5.2.5 Y-o-Y Growth Analysis, By Treatment          

                                5.2.6 Market Attractiveness Analysis, By Treatment         

                                5.2.7 Market Share Analysis, By Treatment          

6. Geographical Analysis                                              

                6.1 Introduction                              

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Steel Type

                                                6.1.3.3 By Treatment

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Steel Type

                                                6.1.4.3 By Treatment

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Steel Type

                                                6.1.5.3 By Treatment

                6.2 North America                          

                                6.1.1 Introduction           

                                6.1.2 United States         

                                6.1.3 Canada     

                6.3 Europe                         

                                6.2.1 Introduction           

                                6.2.2 U.K             

                                6.2.3 Spain         

                                6.2.4 Germany 

                                6.2.5 Italy           

                                6.2.6 France      

                6.4 Asia-Pacific                 

                                6.3.1 Introduction           

                                6.3.2 China         

                                6.3.3 India          

                                6.3.4 Japan        

                                6.3.5 Australia  

                                6.3.6 South Korea           

                6.5 Latin America                            

                                6.4.1 Introduction           

                                6.4.2 Brazil         

                                6.4.3 Argentina

                                6.4.4 Mexico     

                                6.4.5 Rest of Latin America         

                6.6 Middle East & Africa               

                                6.5.1 Introduction           

                                6.5.2 Middle-East            

                                6.5.3 Africa        

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental      

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services

                                7.2.5 Competitive Rivalry within the Industry      

8. Market Leaders' Analysis                                        

                8.1POSCO                           

                                8.1.1 Overview

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 TATA STEEL                 

                8.3 Baosteel                      

                8.4 JFE Holdings               

                8.5 Nippon Steel & Sumitomo Metal Corporation                              

                8.6 Arcelormittal                             

                8.7 Thyssenkrupp AG                    

                8.8 Outokumpu               

                8.9 Novolipetsk Steel                    

                8.10 Vitkovice Steel                        

                8.11 Essar Steel                                

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                        

                9.3 Agreements, collaborations and Joint Ventures                          

                9.4 New Product Launches                          

10. Market Outlook and Investment Opportunities                                          

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of By Diagnostic Wearable Devices, and Therapeutic Wearable Devices along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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  1. Global Heat - Treated Steel Plates Market Market By Region, From 2018-2023 ( USD Billion )
  2. Global Heat - Treated Steel Plates Market Market By Steel Type, From 2018-2023 ( USD Billion )
  3. Global Carbon Market By Region, From 2018-2023 ( USD Billion )
  4. Global Alloys Market By Region, From 2018-2023 ( USD Billion )
  5. Global Stainless Steel Market By Region, From 2018-2023 ( USD Billion )
  6. Global Heat - Treated Steel Plates Market Market By Treatment, From 2018-2023 ( USD Billion )
  7. Global Quenching & tempering Market By Region, From 2018-2023 ( USD Billion )
  8. Global Normalizing Market By Region, From 2018-2023 ( USD Billion )
  9. Global Stress reliving Market By Region, From 2018-2023 ( USD Billion )
  10. Global Heat - Treated Steel Plates Market Market By Application, From 2018-2023 ( USD Billion )
  11. Global Construction Market By Region, From 2018-2023 ( USD Billion )
  12. Global energy Market By Region, From 2018-2023 ( USD Billion )
  13. Global industrial machinery Market By Region, From 2018-2023 ( USD Billion )
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