Market Overview:
The global heat treating market is expected to grow from USD XX million in 2018 to USD XX million by 2030, at a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for heat treated products from the automotive, aerospace, metalworking, and construction industries. The global heat treating market is segmented on the basis of type, application, and region. On the basis of type, the market is divided into integral heat treatment, surface heat treatment chemical heat treatment. On the basis of application,,the market is classified into automotive aerospace metalworking machine construction others. Region-wise,,the market is analyzed across North America Latin America Europe Asia Pacific Middle East & Africa.
Product Definition:
Heat treating is a process that alters the physical and chemical properties of a material by subjecting it to controlled thermal treatments. The main reason for heat treating metals is to achieve the desired mechanical properties, such as increased strength, hardness, toughness and wear resistance.
Integral Heat Treatment:
Integral heat treatment (IHT) is a process in which the material is exposed to extreme heat and pressure at the same time. It's an advanced technique used for hardening, tempering, and case hardening of materials. This method provides several advantages over conventional processes such as less operating time, low energy consumption, no requirement of expensive equipment & environment etc.
The global integral heat treatment market size was valued at USD 1.8 billion in 2016.
Surface Heat Treatment:
The surface heat treatment is a method to improve the hardness and strength of steel by heating it to a temperature which is higher than its upper critical (UC) limit but lower than its lower critical (LC) limit. The steel gets converted from ductile into hard and strong form. This process also improves the toughness of steel by increasing the limits of plastic deformation without any significant changes in volume or weight.
Application Insights:
Automotive was the largest application segment in 2016 and is expected to witness significant growth over the forecast period. The automotive industry requires critical components be manufactured to withstand high operating temperatures. This has resulted in a growing demand for heat treatment services across all major regions of the world.
The aerospace industry also places high importance on component durability, which is likely to fuel market growth over the coming years. Heat treatments are used for various applications including structural components, engine parts, aircraft exterior & interior surfaces, and others within this sector as well.
Regional Analysis:
The Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. These countries are witnessing strong economic growth owing to various factors such as industrial development, urbanization and population expansion.
China emerged as a major manufacturing hub for numerous industries across the globe due to availability of low-cost labor coupled with easy access of raw materials. Moreover, increasing investments from foreign companies are anticipated to drive regional growth over the next eight years.
North America was estimated at USD X million in 2017.
Growth Factors:
- Increasing demand for heat treatment in the automotive and aerospace industries due to the need for improved mechanical properties and corrosion resistance.
- Growing popularity of powder metallurgy as a manufacturing process, which requires heat treatment to achieve desired properties in the final product.
- Rising demand from developing countries such as China and India due to increasing industrialization and growing population base.
- Technological advancements that have led to development of new heat treatment processes such as vacuum induction heating (VIH) and electron beam welding (EBW).
Scope Of The Report
Report Attributes
Report Details
Report Title
Heat Treating Market Research Report
By Type
Integral Heat Treatment, Surface Heat Treatment, Chemical Heat Treatment
By Application
Automotive, Aerospace, Metalworking, Machine, Construction, Others
By Companies
Ajax Tocco International, Pillar Induction, Aichelin Holding, American Metal Treating, Bluewater Thermal Processing, General Metal Heat Treating, Houston Heat Treat, Keith Company, Pacific Metallurgical, Paulo, Thermex Metal Treating, Thermtech, Tri-J Heat Treating
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
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Heat Treating Market Report Segments:
The global Heat Treating market is segmented on the basis of:
Types
Integral Heat Treatment, Surface Heat Treatment, Chemical Heat Treatment
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
Automotive, Aerospace, Metalworking, Machine, Construction, Others
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:
- Ajax Tocco International
- Pillar Induction
- Aichelin Holding
- American Metal Treating
- Bluewater Thermal Processing
- General Metal Heat Treating
- Houston Heat Treat
- Keith Company
- Pacific Metallurgical
- Paulo
- Thermex Metal Treating
- Thermtech
- Tri-J Heat Treating
Highlights of The Heat Treating 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:
- Integral Heat Treatment
- Surface Heat Treatment
- Chemical Heat Treatment
- By Application:
- Automotive
- Aerospace
- Metalworking
- Machine
- Construction
- Others
- 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 Heat Treating 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?
Heat treating is a process used to harden and temper metals. It is done by heating the metal to a specific temperature, then cooling it down slowly. This process makes the metal more resistant to wear and tear, making it stronger and less likely to break.
Some of the major players in the heat treating market are Ajax Tocco International, Pillar Induction, Aichelin Holding, American Metal Treating, Bluewater Thermal Processing, General Metal Heat Treating, Houston Heat Treat, Keith Company, Pacific Metallurgical, Paulo, Thermex Metal Treating, Thermtech, Tri-J Heat Treating.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Heat Treating 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 Heat Treating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Heat Treating 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 Heat Treating 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 Heat Treating Market Size & Forecast, 2018-2028
4.5.1 Heat Treating Market Size and Y-o-Y Growth
4.5.2 Heat Treating Market Absolute $ Opportunity
Chapter 5 Global Heat Treating 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 Heat Treating Market Size Forecast by Type
5.2.1 Integral Heat Treatment
5.2.2 Surface Heat Treatment
5.2.3 Chemical Heat Treatment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Heat Treating 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 Heat Treating Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Aerospace
6.2.3 Metalworking
6.2.4 Machine
6.2.5 Construction
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Heat Treating 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 Heat Treating 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 Heat Treating Analysis and Forecast
9.1 Introduction
9.2 North America Heat Treating 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 Heat Treating Market Size Forecast by Type
9.6.1 Integral Heat Treatment
9.6.2 Surface Heat Treatment
9.6.3 Chemical Heat Treatment
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 Heat Treating Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Aerospace
9.10.3 Metalworking
9.10.4 Machine
9.10.5 Construction
9.10.6 Others
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 Heat Treating Analysis and Forecast
10.1 Introduction
10.2 Europe Heat Treating 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 Heat Treating Market Size Forecast by Type
10.6.1 Integral Heat Treatment
10.6.2 Surface Heat Treatment
10.6.3 Chemical Heat Treatment
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 Heat Treating Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Aerospace
10.10.3 Metalworking
10.10.4 Machine
10.10.5 Construction
10.10.6 Others
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 Heat Treating Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Heat Treating 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 Heat Treating Market Size Forecast by Type
11.6.1 Integral Heat Treatment
11.6.2 Surface Heat Treatment
11.6.3 Chemical Heat Treatment
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 Heat Treating Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Aerospace
11.10.3 Metalworking
11.10.4 Machine
11.10.5 Construction
11.10.6 Others
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 Heat Treating Analysis and Forecast
12.1 Introduction
12.2 Latin America Heat Treating 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 Heat Treating Market Size Forecast by Type
12.6.1 Integral Heat Treatment
12.6.2 Surface Heat Treatment
12.6.3 Chemical Heat Treatment
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 Heat Treating Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Aerospace
12.10.3 Metalworking
12.10.4 Machine
12.10.5 Construction
12.10.6 Others
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) Heat Treating Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Heat Treating 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) Heat Treating Market Size Forecast by Type
13.6.1 Integral Heat Treatment
13.6.2 Surface Heat Treatment
13.6.3 Chemical Heat Treatment
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) Heat Treating Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Aerospace
13.10.3 Metalworking
13.10.4 Machine
13.10.5 Construction
13.10.6 Others
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 Heat Treating Market: Competitive Dashboard
14.2 Global Heat Treating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ajax Tocco International
14.3.2 Pillar Induction
14.3.3 Aichelin Holding
14.3.4 American Metal Treating
14.3.5 Bluewater Thermal Processing
14.3.6 General Metal Heat Treating
14.3.7 Houston Heat Treat
14.3.8 Keith Company
14.3.9 Pacific Metallurgical
14.3.10 Paulo
14.3.11 Thermex Metal Treating
14.3.12 Thermtech
14.3.13 Tri-J Heat Treating
