Market Overview:
The global abrasion resistant steel sheet market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for abrasion resistant steel sheets from various end-use industries, such as construction and mining equipment. In terms of type, the market is segmented into under HBW 400, 400 HB, 450 HB, 500 HB and above HBW 500. The underHBW 400 segment is expected to dominate the global abrasion resistant steel sheet market during the forecast period owing to its low cost and high durability properties. In terms of application, construction accounted for majority share in 2017 and is projected to grow at a CAGR of 6% during 2018-2030 due to increase in infrastructure development activities across globe.
Product Definition:
Abrasion resistant steel sheet is a type of steel that is resistant to wear and tear. This type of steel is often used in the construction of machinery, tools, and other equipment that may be exposed to harsh conditions.
Under HBW 400:
Under HBW 400, it is a surface treatment of mild steel sheets to impart wear resistance. It can be done by two methods: anodizing and carburizing/carbonitriding. Anodizing is the most common method used for this purpose and consists of bathing the steel in electrolytic solution (anodic) or in acid solution ( cathodic).
400 HB:
400 HB is a special steel that has been used in the manufacturing of abrasive resistant products. The 400-series steel sheets are produced with high carbon and low alloy content which makes them more wear-resistant than other standard steels. They have applications in various end-use industries such as construction, automotive, marine and oil & gas drilling platforms among others.
Application Insights:
The construction application segment led the global market in 2017. The growth of this segment is attributed to the rising demand for abrasion resistant steel sheets from various infrastructure projects such as railway networks, highways and bridges across the world. In addition, increasing use of these products in residential & commercial buildings to protect architectural features such as windows and doors from damage due to external impact is also expected to drive product demand over the forecast period.
Abrasion resistance plays a significant role in ensuring long-term performance of equipment used in mining activities including drilling rigs, crushing plants and cement mills among others. This factor has resulted in growing adoption of HBW 500 series products by major players operating within mining industry globally which can be attributed for major share held by this application segment over past few years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and urbanization in the region. In addition, increasing infrastructure activities are projected to drive product demand over the forecast period.
North America was valued at USD X million in 2017 and is anticipated to witness steady growth over the forecast period owing rising construction activities across countries such as Canada and Mexico, which are likely contribute significantly towards product demand in abrasive sheets application for metal cutting operations.
The Middle East & Africa accounted for a volume share of 5.1% in 2017 on account of growing mining equipment production mainly driven by rising investments from domestic governments aimed at diversifying their economies away from oil & gas sector dependence thereby driving steel sheet usage for manufacturing mining tools & equipment including drills, saws, grinders etc., which will augment industry growth over next eight years (2030).
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and engineering sectors
- Rising awareness about the benefits of using Abrasion Resistant Steel Sheet among consumers
- Technological advancements in manufacturing processes that results in superior quality products
- Growing popularity of abrasion resistant steel sheet among fabricators and builders for use in various applications
- Rising disposable income of consumers that enables them to invest in better quality products
Scope Of The Report
Report Attributes
Report Details
Report Title
Abrasion Resistant Steel Sheet Market Research Report
By Type
Under HBW 400, 400 HB, 450 HB, 500 HB, Above HBW 500
By Application
Construction, Mining Equipment, Other
By Companies
SSAB, JFE, ThyssenKrupp, ESSAR Steel Algoma, Dillinger, NSSMC, NLMK Clabecq, Bisalloy, ArcelorMittal, Acroni, Bisalloy Jigang, Salzgitter, Baowu Group, NanoSteel, ANSTEEL, WUYANG Steel, TISCO
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Abrasion Resistant Steel Sheet Market Report Segments:
The global Abrasion Resistant Steel Sheet market is segmented on the basis of:
Types
Under HBW 400, 400 HB, 450 HB, 500 HB, Above HBW 500
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction, Mining Equipment, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SSAB
- JFE
- ThyssenKrupp
- ESSAR Steel Algoma
- Dillinger
- NSSMC
- NLMK Clabecq
- Bisalloy
- ArcelorMittal
- Acroni
- Bisalloy Jigang
- Salzgitter
- Baowu Group
- NanoSteel
- ANSTEEL
- WUYANG Steel
- TISCO
Highlights of The Abrasion Resistant Steel Sheet Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Under HBW 400
- 400 HB
- 450 HB
- 500 HB
- Above HBW 500
- By Application:
- Construction
- Mining Equipment
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Abrasion Resistant Steel Sheet Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Abrasion resistant steel sheet is a type of steel that can resist wear and tear from abrasion. This type of steel is often used in applications where durability and resistance to wear are important factors, such as in the construction industry.
Some of the major companies in the abrasion resistant steel sheet market are SSAB, JFE, ThyssenKrupp, ESSAR Steel Algoma, Dillinger, NSSMC, NLMK Clabecq, Bisalloy, ArcelorMittal, Acroni, Bisalloy Jigang, Salzgitter, Baowu Group, NanoSteel, ANSTEEL, WUYANG Steel, TISCO.
The abrasion resistant steel sheet market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Abrasion Resistant Steel Sheet Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Abrasion Resistant Steel Sheet Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Abrasion Resistant Steel Sheet Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Abrasion Resistant Steel Sheet Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Abrasion Resistant Steel Sheet Market Size & Forecast, 2018-2028
4.5.1 Abrasion Resistant Steel Sheet Market Size and Y-o-Y Growth
4.5.2 Abrasion Resistant Steel Sheet Market Absolute $ Opportunity
Chapter 5 Global Abrasion Resistant Steel Sheet Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Abrasion Resistant Steel Sheet Market Size Forecast by Type
5.2.1 Under HBW 400
5.2.2 400 HB
5.2.3 450 HB
5.2.4 500 HB
5.2.5 Above HBW 500
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Abrasion Resistant Steel Sheet Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Abrasion Resistant Steel Sheet Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Mining Equipment
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Abrasion Resistant Steel Sheet Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Abrasion Resistant Steel Sheet Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Abrasion Resistant Steel Sheet Analysis and Forecast
9.1 Introduction
9.2 North America Abrasion Resistant Steel Sheet Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Abrasion Resistant Steel Sheet Market Size Forecast by Type
9.6.1 Under HBW 400
9.6.2 400 HB
9.6.3 450 HB
9.6.4 500 HB
9.6.5 Above HBW 500
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Abrasion Resistant Steel Sheet Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Mining Equipment
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Abrasion Resistant Steel Sheet Analysis and Forecast
10.1 Introduction
10.2 Europe Abrasion Resistant Steel Sheet Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Abrasion Resistant Steel Sheet Market Size Forecast by Type
10.6.1 Under HBW 400
10.6.2 400 HB
10.6.3 450 HB
10.6.4 500 HB
10.6.5 Above HBW 500
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Abrasion Resistant Steel Sheet Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Mining Equipment
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Abrasion Resistant Steel Sheet Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Abrasion Resistant Steel Sheet Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Abrasion Resistant Steel Sheet Market Size Forecast by Type
11.6.1 Under HBW 400
11.6.2 400 HB
11.6.3 450 HB
11.6.4 500 HB
11.6.5 Above HBW 500
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Abrasion Resistant Steel Sheet Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Mining Equipment
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Abrasion Resistant Steel Sheet Analysis and Forecast
12.1 Introduction
12.2 Latin America Abrasion Resistant Steel Sheet Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Abrasion Resistant Steel Sheet Market Size Forecast by Type
12.6.1 Under HBW 400
12.6.2 400 HB
12.6.3 450 HB
12.6.4 500 HB
12.6.5 Above HBW 500
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Abrasion Resistant Steel Sheet Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Mining Equipment
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Abrasion Resistant Steel Sheet Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Abrasion Resistant Steel Sheet Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Abrasion Resistant Steel Sheet Market Size Forecast by Type
13.6.1 Under HBW 400
13.6.2 400 HB
13.6.3 450 HB
13.6.4 500 HB
13.6.5 Above HBW 500
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Abrasion Resistant Steel Sheet Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Mining Equipment
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Abrasion Resistant Steel Sheet Market: Competitive Dashboard
14.2 Global Abrasion Resistant Steel Sheet Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SSAB
14.3.2 JFE
14.3.3 ThyssenKrupp
14.3.4 ESSAR Steel Algoma
14.3.5 Dillinger
14.3.6 NSSMC
14.3.7 NLMK Clabecq
14.3.8 Bisalloy
14.3.9 ArcelorMittal
14.3.10 Acroni
14.3.11 Bisalloy Jigang
14.3.12 Salzgitter
14.3.13 Baowu Group
14.3.14 NanoSteel
14.3.15 ANSTEEL
14.3.16 WUYANG Steel
14.3.17 TISCO
