Heat-Treated Steel Plates Market Size, By Steel Type (Carbon steel, Alloy steel, and Stainless steel), By Treatment (Quenching & tempering, Normalizing, Spheroidizing, and Stress relieving), By Application (Building & Construction, Industrial Machinery, Automotive & defense vehicles, Shipbuilding, and Others), and by Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America); Trend Analysis, Competitive Market Share & Forecast, 2016-26
- Published Date: March 2020
- Report ID: BWC19428
- Available Format: PDF
- Page: 180
Report Overview
Global
Heat-Treated Steel Plates Market Forecast and Trends
The global Heat-Treated
Steel Plates market has reached USD 110.56 Billion in 2019 and estimated to
reach USD 141.26 Billion in 2026 and anticipated to grow by CAGR of 3.65%
during the forecast period 2020- 2026. The factors such as rapid urbanization
and increased construction activity in emerging economies, and large-scale
industrial and infrastructure investments are propelling the market of global
Heat-Treated Steel Plates. The increase in disposable incomes of the urban
population is leading to the construction of new houses in urban regions,
thereby giving rise to an increased demand for heat-treated steel plates.
Increasing the use of heat-treated steel sheets in the construction sector is
one of the driving factors for the growth of the global heat-treated steel
sheet metal market. Business products are mainly utilized for maintaining
stability and strength in buildings and bridges. The construction industry is
among the world's fastest-growing sectors.
Furthermore, the increasing
product demand from construction and manufacturing sectors, along with the
growing popularity of infrastructures like bridges, dams, commercial hubs, and
engineering structures, are other aspects that are projected to stimulate the
heat-treated steel plates market development on a global scale.
The surge in the
middle-class population, coupled with an increase in the standards of living of
the people are expected to propel the demand for heat-treated steel plates. The
rise in demand for steel across different industries, easy accessibility of raw
materials, and inexpensive labor, along with significant domestic demand, makes
this market very engaging for industry participants.
Global
Heat-Treated Steel Plates Market Overview:
Heat-treated steel plates
are used to change the Steel's mechanical and physical properties without
altering its form. The heat treatment process helps improve or strengthen
Steel's hardness, ductility, elasticity, and durability. Steel is treated with
four significant types of heat treatment processes: annealing, tempering,
normalizing, and Quenching. The heat-treated steel plates are used in major
energy & power sector boilers, pressure vessels, storage tanks, and other
structural components. Such plates are required for the power sector to
withstand adverse conditions, such as high pressure and high temperature.
Growth
drivers
A Surge in Demand from
End-Use Industries
The increase in product
demand from construction and manufacturing sectors, along with the growing
popularity of infrastructures like bridges, dams, commercial hubs, and
engineering structures, are some aspects that are projected to stimulate the
heat-treated steel plates market development. Furthermore, surging applications
of heat-treated steel plates in energy & power, industrial machinery,
automotive & defense vehicles, and shipbuilding are some other factors
expected to stimulate the growth of the market during the forecast horizon.
Surging
urbanization in developing countries
The rise in the urban
population coupled with high per capita income generates the demand for steel
products for various purposes, which is fueling the market of heat-treated
steel plates during the forecast period. Due to surging urbanization, the
building & construction activities are growing on a large scale, thereby,
large-scale investments in infrastructure & industrial sectors are taking
place extensively.
Restraints
Fluctuation in the prices of
Steel
The variation in the rates
of Steel may impede the growth of the Steel Processing Market during the
forecast period. Besides, the industry is also impacted by the existence of a
stringent regulatory framework concerning the production and processing of raw
materials.
Global
Heat-Treated Steel Plates Market: Steel Type
Based on Steel Type, the
Heat-Treated Steel Plates market segmented into Carbon steel, Alloy steel, and
Stainless Steel. The carbon steel segment has dominance in the global market of
heat-treated steel plates in 2018 and is supposed to continue its dominance in
the forthcoming years. Carbon steel is among the most common steel type, which
is readily accessible at low prices, along with being suitable for utilization
for numerous applications.
Global
Heat-Treated Steel Plates Market: Treatment
Based on Treatment, the
Heat-Treated Steel Plates market segregated into Quenching & tempering,
Normalizing, Spheroidizing, and Stress relieving. The quenching & tempering
segment is anticipated to dominate the market since this treatment method
increases the steel plate's hardness and strength to a great extent.
Global
Heat-Treated Steel Plates Market: Application
Based on Applications, the
Heat-Treated Steel Plates market segmented into Building & Construction,
Industrial Machinery, Automotive & defense vehicles, Shipbuilding, and
Others. The building and construction segment will have expected to hold a
foremost market share in the forthcoming years, owing to the increasing
urbanization and increasing demand for infrastructures like bridges,
engineering constructions, and commercial hubs.
Global
Heat-Treated Steel Plates Market: Regional insights
By geography, the global Heat-Treated Steel Plates Market segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is expected to record the highest CAGR during the forecast period, owing to the growing major end-user industries such as defense, shipbuilding, and automotive in nations in the region. The Asia Pacific has the lion's share of the market for heat-treated steel plates in 2016 and is predicted to maintain its dominance, owing to the presence of a large number of players. The easy availability of cheap labor, raw materials, and notable domestic demand, attracts industry participants. The rise in the middle-class population and the growth in the living standards are expected to propel the demand for heat-treated steel plates owing to the rise in demand for steel across various industries.
Heat-Treated
Steel Plates Market: Competitive Landscape
The major market players in
the Global Heat-Treated Steel Plates are ArcelorMittal, Posco, Nippon Steel
& Sumitomo Metal Corporation, JFE Holdings, Baosteel, Thyssenkrupp AG, Tata
Steel, Outokumpu, Novolipetsk Steel, Vitkovice Steel, Essar Steel, Hyundai
Steel, Voestalpine, Ansteel, Steel Authority of India Limited, Jiangsu Shagang
Group, Jindal Steel & Power, and other prominent players.
The
objective of the Study:
To analyze and forecast the
global Heat-Treated Steel Plates market size of the market in terms of value.
To examine the careful
market segmentation and forecast the market size, in terms value, based on the
region by segmenting the Global Heat-Treated Steel Plates market into five
regions, namely, North America, Europe, Asia Pacific, Latin America, and the
Middle East & Africa and their leading countries.
To outline, categorized, and
forecast the global Heat-Treated Steel Plates market based on Steel type,
Treatment, and Application.
To examine competitive
developments like technological advancement, services, and regulative framework
within the global Heat-Treated Steel Plates Market.
To highlight the impact
analysis of the factors affecting the market dynamics such as drivers,
restraints, opportunities, and challenges.
To strategically profile the
key players and comprehensively analyze their market shares along with
detailing the competitive landscape for market leaders.
Scope of the Report:
|
Attribute |
Details |
|
Years Considered |
Historical data – 2016-2019 |
|
Base Year – 2019 |
|
|
Forecast – 2020 – 2026 |
|
|
Facts Covered |
Revenue in USD Million/Billion |
|
Market Coverage |
U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico,
Argentina, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia |
|
Product/Service Segmentation |
By Steel Type, Treatment, and Application |
|
Key Players |
ArcelorMittal, Posco, Nippon Steel & Sumitomo Metal
Corporation, JFE Holdings, Baosteel, Thyssenkrupp AG, Tata Steel, Outokumpu,
Novolipetsk Steel, Vitkovice Steel, Essar Steel, Hyundai Steel, Voestalpine,
Ansteel, Steel Authority of India Limited, Jiangsu Shagang Group, Jindal
Steel & Power, and other prominent players. |
By Steel Type
·
Carbon steel
·
Alloy steel
·
Stainless Steel
By Treatment
·
Quenching & tempering
·
Normalizing
·
Spheroidizing
·
Stress relieving
By Application
·
Building & Construction
·
Industrial machinery
·
Automotive & defense vehicles
·
Shipbuilding
·
Others
By Region:
·
Asia Pacific
·
North America
·
Europe
·
Middle East & Africa
·
Latin America
Business
Questions answered by the report
How will the market drivers,
restraints, and opportunities affect the market dynamics?
What will be the market size
in terms of value and volume and market statistics with a detailed classification?
Which segment dominates the
market or region, and one will be the fastest-growing, and why?
A comprehensive survey of
the competitive landscape and the market participant players
Analysis of strategy adopted
by the key player and their impact on other players.
Customization
Scope for the Client
Client satisfaction is our
first and last priority, and that is why BlueWeave Consulting offers
customization according to Company's specific needs. The following
customization options are available for the report:
Additional
Company Information
With five additional company
detail analysis
Additional country analysis
1. Research Framework
1.1. Research
Objective
1.2. Product
Overview
1.3. Market
Segmentation
2. Research Methodology
2.1. Qualitative
Research
2.1.1.
Primary & Secondary Sources
2.2. Quantitative
Research
2.2.1.
Primary & Secondary Sources
2.3. Breakdown
of Primary Research Respondents, By Region
2.3.1.
Secondary Research
2.3.2.
Primary Research
2.4. Breakdown
of Primary Research Respondents
2.5. Market
Size Estimation
2.6. Assumption
for The Study
2.7. Market
Breakdown & Data Triangulation
3. Executive Summary
4. Global Heat-Treated Steel Plates
Insights
4.1. DROC
Analysis
4.1.1.
Growth Drivers
4.1.2.
Restraints
4.1.3.
Opportunities
4.1.4.
Challenges
4.2. Technological
Landscape
4.3. Regulatory
Framework
4.4. Company
Market Share Analysis, 2019
4.5. Porter’s
Five forces analysis
4.5.1.
Bargaining Power of Suppliers
4.5.2.
Bargaining Power of Buyers
4.5.3.
Threat of New Entrants
4.5.4.
Threat of Substitutes
4.5.5.
Intensity of Rivalry
5. Global Heat-Treated Steel Plates Market
Overview
5.1. Market
Size & Forecast by Value, 2016-2026
5.1.1.
By Value (USD Billion)
5.2. Market
Share & Forecast 2016-2026
5.2.1.
By Steel Type
5.2.1.1.
Carbon steel
5.2.1.2.
Alloy steel
5.2.1.3.
Stainless Steel
5.2.2.
By Treatment
5.2.2.1.
Quenching & tempering
5.2.2.2.
Normalizing
5.2.2.3.
Spheroidizing
5.2.2.4.
Stress relieving
5.2.3.
By Application
5.2.3.1.
Building & Construction
5.2.3.2.
Industrial machinery
5.2.3.3.
Automotive & defense vehicles
5.2.3.4.
Shipbuilding
5.2.3.5.
Others
5.2.4.
By Region
5.2.4.1.
North America
5.2.4.2.
Europe
5.2.4.3.
Asia Pacific
5.2.4.4.
Latin America
5.2.4.5.
Middle East & Africa
6. North America Heat-Treated Steel Plates
Market
6.1. Market
Size & Forecast by Value, 2016-2026
6.1.1.
By Value (USD Billion)
6.2. Market
Share & Forecast 2016-2026
6.2.1.
By Steel Type
6.2.2.
By Treatment
6.2.3.
By Application
6.2.4.
By Country
6.2.4.1.
U.S
6.2.4.2.
Canada
7. Europe Heat-Treated Steel Plates Market
7.1. Market
Size & Forecast by Value, 2016-2026
7.1.1.
By Value (USD Billion)
7.2. Market
Share & Forecast 2016-2026
7.2.1.
By Steel Type
7.2.2.
By Treatment
7.2.3.
By Application
7.2.4.
By Country
7.2.4.1.
Germany
7.2.4.2.
U.K
7.2.4.3.
France
7.2.4.4.
Italy
7.2.4.5.
Spain
7.2.4.6.
Rest of Europe
8. Asia Pacific Heat-Treated Steel Plates
Market
8.1. Market
Size & Forecast by Value, 2016-2026
8.1.1.
By Value (USD Billion)
8.2. Market
Share & Forecast 2016-2026
8.2.1.
By Steel Type
8.2.2.
By Treatment
8.2.3.
By Application
8.2.4.
By Country
8.2.4.1.
China
8.2.4.2.
India
8.2.4.3.
Japan
8.2.4.4.
South Korea
8.2.4.5.
Rest of Asia Pacific
9. Latin America Heat-Treated Steel Plates
Market
9.1. Market
Size & Forecast by Value, 2016-2026
9.1.1.
By Value (USD Billion)
9.2. Market
Share & Forecast 2016-2026
9.2.1.
By Steel Type
9.2.2.
By Treatment
9.2.3.
By Application
9.2.4.
By Country
9.2.4.1.
Brazil
9.2.4.2.
Mexico
9.2.4.3.
Argentina
9.2.4.4.
Rest of Latin America
10. Middle
East & Africa Heat-Treated Steel Plates Market
10.1.
Market Size & Forecast by Value, 2016-2026
10.1.1.
By Value (USD Billion)
10.2.
Market Share & Forecast 2016-2026
10.2.1.
By Steel Type
10.2.2.
By Treatment
10.2.3.
By Application
10.2.4.
By Country
10.2.4.1.
Saudi Arabia
10.2.4.2.
U.A.E.
10.2.4.3.
South Africa
10.2.4.4.
Rest of Middle East & Africa
11.Company Profile (Company Overview,
Financial Matrix, Product landscape, Key Personnel, Key Competitors, Contact
Address, and Strategic Outlook) *
11.1.
ArcelorMittal
11.2.
Posco
11.3.
Nippon Steel & Sumitomo Metal Corporation
11.4.
JFE Holdings
11.5.
Baosteel
11.6.
Thyssenkrupp AG
11.7.
Tata Steel
11.8.
Outokumpu
11.9.
Novolipetsk Steel
11.10.
Vitkovice Steel
11.11.
Essar Steel
11.12.
Hyundai Steel
11.13.
Voestalpine
11.14.
Ansteel
11.15.
Steel Authority of India Limited
11.16.
Jiangsu Shagang Group
11.17.
Jindal Steel & Power
11.18.
Other Prominent Players
List
of Figures:
Fig: Global Heat-Treated
Steel Plates Steels Segmentation
Fig: Company Market Share
Analysis, 2019
Fig: Global Heat-Treated
Steel Plates Steels Market Size, By Value (USD Billion), 2016-2026
Fig: Global Heat-Treated
Steel Plates Steels Market Share, By Steel Type, By Value, 2016-2026
Fig: Global Heat-Treated
Steel Plates Steels Market Share, By Treatment, By Value, 2016-2026
Fig: Global Heat-Treated
Steel Plates Steels Market Share, By Application, By Value, 2016-2026
Fig: Global Heat-Treated
Steel Plates Steels Market Share, By Region, By Value, 2016-2026
Fig: North America
Heat-Treated Steel Plates Steels Market Size, By Value (USD Billion), 2016-2026
Fig: North America
Heat-Treated Steel Plates Steels Market Y-o-Y Growth, By Value, 2017-2026
Fig: North America
Heat-Treated Steel Plates Steels Market Share, By Steel Type, By Value,
2016-2026
Fig: North America Heat-Treated
Steel Plates Steels Market Share, By Treatment, By Value, 2016-2026
Fig: North America
Heat-Treated Steel Plates Steels Market Share, By Application, By Value,
2016-2026
Fig: North America
Heat-Treated Steel Plates Steels Market Share, By Country, By Value, 2016-2026
Fig: Europe Heat-Treated
Steel Plates Steels Market Size, By Value (USD Billion), 2016-2026
Fig: Europe Heat-Treated
Steel Plates Steels Market Y-o-Y Growth, By Value, 2017-2026
Fig: Europe Heat-Treated
Steel Plates Steels Market Share, By Steel Type, By Value, 2016-2026
Fig: Europe Heat-Treated
Steel Plates Steels Market Share, By Treatment, By Value, 2016-2026
Fig: Europe Heat-Treated
Steel Plates Steels Market Share, By Application, By Value, 2016-2026
Fig: Europe Heat-Treated Steel
Plates Steels Market Share, By Country, By Value, 2016-2026
Fig: Asia-Pacific
Heat-Treated Steel Plates Steels Market Size, By Value (USD Billion), 2016-2026
Fig: Asia-Pacific
Heat-Treated Steel Plates Steels Market Y-o-Y Growth, By Value, 2017-2026
Fig: Asia-Pacific
Heat-Treated Steel Plates Steels Market Share, By Steel Type, By Value,
2016-2026
Fig: Asia-Pacific
Heat-Treated Steel Plates Steels Market Share, By Treatment, By Value,
2016-2026
Fig: Asia-Pacific
Heat-Treated Steel Plates Steels Market Share, By Application, By Value,
2016-2026Fig: Asia-Pacific Heat-Treated Steel Plates Steels Market Share, By
Country, By Value, 2016-2026
Fig: Latin America
Heat-Treated Steel Plates Steels Market Size, By Value (USD Billion), 2016-2026
Fig: Latin America Heat-Treated
Steel Plates Steels Market Y-o-Y Growth, By Value, 2017-2026
Fig: Latin America
Heat-Treated Steel Plates Steels Market Share, By Steel Type, By Value,
2016-2026
Fig: Latin America
Heat-Treated Steel Plates Steels Market Share, By Treatment, By Value,
2016-2026
Fig: Latin America
Heat-Treated Steel Plates Steels Market Share, By Application, By Value,
2016-2026
Fig: Latin America
Heat-Treated Steel Plates Steels Market Share, By Country, By Value, 2016-2026
Fig: Middle-East &
Africa Heat-Treated Steel Plates Steels Market Size, By Value (USD Billion),
2016-2026
Fig: Middle-East &
Africa Heat-Treated Steel Plates Steels Market Y-o-Y Growth, By Value,
2017-2026
Fig: Middle-East &
Africa Heat-Treated Steel Plates Steels Market Share, By Steel Type, By Value,
2016-2026
Fig: Middle-East &
Africa Heat-Treated Steel Plates Steels Market Share, By Treatment, By Value,
2016-2026
Fig: Middle-East &
Africa Heat-Treated Steel Plates Steels Market Share, By Application, By Value,
2016-2026
Fig: Middle East & Africa
Heat-Treated Steel Plates Steels Market Share, By Country, By Value, 2016-2026
List
of Tables:
Table: Global Heat-Treated
Steel Plates Steels Market Size, By Steel Type, By Value, 2016-2026
Table: Global Heat-Treated
Steel Plates Steels Market Size, By Treatment, By Value, 2016-2026
Table: Global Heat-Treated
Steel Plates Steels Market Size, By Application, By Value, 2016-2026
Table: Global Heat-Treated
Steel Plates Steels Market Size, By Region, By Value, 2016-2026
Table: North America
Heat-Treated Steel Plates Steels Market Size, By Steel Type, By Value,
2016-2026
Table: North America
Heat-Treated Steel Plates Steels Market Size, By Treatment, By Value, 2016-2026
Table: North America
Heat-Treated Steel Plates Steels Market Size, By Application, By Value,
2016-2026
Table: North America
Heat-Treated Steel Plates Steels Market Size, By Country, By Value, 2016-2026
Table: Europe Heat-Treated
Steel Plates Steels Market Size, By Steel Type, By Value, 2016-2026
Table: Europe Heat-Treated
Steel Plates Steels Market Size, By Treatment, By Value, 2016-2026
Table: Europe Heat-Treated
Steel Plates Steels Market Size, By Application, By Value, 2016-2026
Table: Europe Heat-Treated
Steel Plates Steels Market Size, By Country, By Value, 2016-2026
Table: Asia-Pacific
Heat-Treated Steel Plates Steels Market Size, By Steel Type, By Value,
2016-2026
Table: Asia-Pacific
Heat-Treated Steel Plates Steels Market Size, By Treatment, By Value, 2016-2026
Table: Asia-Pacific
Heat-Treated Steel Plates Steels Market Size, By Application, By Value,
2016-2026
Table: Asia-Pacific
Heat-Treated Steel Plates Steels Market Size, By Country, By Value, 2016-2026
Table: Latin America
Heat-Treated Steel Plates Steels Market Size, By Steel Type, By Value,
2016-2026
Table: Latin America Heat-Treated
Steel Plates Steels Market Size, By Treatment, By Value, 2016-2026
Table: Latin America
Heat-Treated Steel Plates Steels Market Size, By Application, By Value,
2016-2026
Table: Latin America
Heat-Treated Steel Plates Steels Market Size, By Country, By Value, 2016-2026
Table: Middle-East &
Africa Heat-Treated Steel Plates Steels Market Size, By Steel Type, By Value,
2016-2026
Table: Middle-East &
Africa Heat-Treated Steel Plates Steels Market Size, By Treatment, By Value,
2016-2026
Table: Middle-East &
Africa Heat-Treated Steel Plates Steels Market Size, By Application, By Value,
2016-2026
Table: Middle East &
Africa Heat-Treated Steel Plates Steels Market Size, By Country, By Value,
2016-2026
Table: ArcelorMittal
Financial Analysis
Table: Baosteel Group
Corporation Financial Analysis
Table: POSCO Financial
Analysis
Table: Nippon Steel &
Sumitomo Metal Corporation Financial Analysis
Table: JFE Holdings, Inc.
Financial Analysis
Table: TATA Steel Ltd.
Financial Analysis
Table: SAIL Financial
Analysis
Table: Essar Steel Financial
Analysis
Table: Hyundai Steel
Financial Analysis
Table: Jiangsu Shagang Group
Financial Analysis
Table: Jindal Steel &
Power Financial Analysis
*Financial Information of
non-listed companies will be provided as per the availability
**The segmentation and the
companies are subjected to modification based on the in-depth secondary for the
final deliverable.
Market Segmentation
By Steel Type
· Carbon steel
· Alloy steel
· Stainless Steel
By Treatment
· Quenching & tempering
· Normalizing
· Spheroidizing
· Stress relieving
By Application
· Building & Construction
· Industrial machinery
· Automotive & defense vehicles
· Shipbuilding
· Others
By Region:
· Asia Pacific
· North America
· Europe
· Middle East & Africa
· Latin America
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