Market Overview:
The global heat treatment of metal market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for heat treated metals from various end-use industries, such as automotive, heavy machinery, aerospace, defense and construction. In terms of type, the general heat treatment segment is expected to hold the largest share of the global market during the forecast period. This can be attributed to its ability to improve properties such as hardness and strength in metals. In terms of application, the automotive segment is expected to hold the largest share of the global market duringthe forecast period.
Product Definition:
Heattreatment of metal is a process that alters the microstructure of metals to improve their mechanical properties. This can be done through heating the metal to a certain temperature and then cooling it rapidly, or through exposing it to a laser. The importance of heattreatment is that it can make metals stronger, more resistant to wear and tear, and less prone to corrosion.
General Heat Treatment:
General heat treatment is a process to improve microstructure and mechanical properties of metals by controlled heating. It includes two major steps, annealing and normalizing. In annealing, the metal is heated at a low temperature so that its temperature coincide with its Curie point; this step helps in improving crystallization of the metal and lowering transformation temperatures.
Surface Heat Treatment:
Surface heat treatment is a method of modifying the surface properties of materials by heating them to a high temperature. The process can be used for various applications such as hardening, tempering, annealing and normalizing. In hardness testing, this technique is widely used because it provides consistent results under controlled laboratory conditions which cannot be obtained through conventional methods like mechanical Testing or chemical methods like aging tests.
Application Insights:
The automotive segment is expected to witness significant growth over the forecast period. General heat treatment is used for enhancing the mechanical properties of automotive components, such as engine block, cylinder head and transmission shafts. Surface heat treatment is mainly applied to parts with complex shapes and high surface areas that require enhanced corrosion resistance. Defense equipment are major consumers of metal alloys owing to their lightweight characteristics which enhance maneuverability and speed. The construction industry primarily uses steel in its products due to its excellent structural strength along with durability & versatility offered by steel alloys in construction applications including beams, columns & girders, bridges & buildings etcetera.
Regional Analysis:
Asia Pacific dominated the global heat treatment of metal market in terms of revenue with a share of over 45.0% in 2017. The region is expected to witness significant growth over the forecast period owing to rising demand from automotive, heavy machinery, and aerospace industries. In addition, rapid industrialization and urbanization coupled with increasing per capita income are anticipated to fuel product demand further driving regional growth.
The Asia Pacific was followed by North America which accounted for a share of nearly 24.0% in 2017 owing to growing product demand from end-use industries such as construction.
Growth Factors:
- Increasing demand from end-use industries: The global heat treatment of metal market is witnessing a significant growth due to the increasing demand from various end-use industries such as automotive, aerospace, defense, and others.
- Growing investments in R&D: The key players in the market are investing heavily in R&D to develop new and innovative technologies for heat treatment of metals. This is helping them to cater to the growing needs of the consumers and expand their reach across different regions.
- Rising popularity of vacuum furnaces: The vacuum furnaces are gaining immense popularity among consumers owing to their ability to provide superior quality products with improved performance characteristics as compared with traditional furnaces. This is propelling the growth of the global heat treatment of metal market significantly.
- Technological advancements: With technological advancements taking place at a rapid pace, manufacturers are coming up with new technologies that can help improve product quality and performance while reducing production costs simultaneously. This is aiding in fueling the growth prospects of the global heat treatment of metal market considerably over time span 2019-2025F . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Heattreatment of Metal Market Research Report
By Type
General Heat Treatment, Surface Heat Treatment
By Application
Automotive, Heavy Machinery, Aerospace, Defense, Construction
By Companies
Bodycote, DOWA Thermotech, FPM Heat Treating, Premier Thermal Solutions, HÄRTEREI REESE, SHU, Woodworth, Parker Trutec Group, Paulo, Oriental Engineering, Kanto Yakin Kogyo Co Ltd, Fengdong
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
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Heattreatment of Metal Market Report Segments:
The global Heattreatment of Metal market is segmented on the basis of:
Types
General Heat Treatment, Surface 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, Heavy Machinery, Aerospace, Defense, Construction
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:
- Bodycote
- DOWA Thermotech
- FPM Heat Treating
- Premier Thermal Solutions
- HÄRTEREI REESE
- SHU
- Woodworth
- Parker Trutec Group
- Paulo
- Oriental Engineering
- Kanto Yakin Kogyo Co Ltd
- Fengdong
Highlights of The Heattreatment of Metal 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:
- General Heat Treatment
- Surface Heat Treatment
- By Application:
- Automotive
- Heavy Machinery
- Aerospace
- Defense
- Construction
- 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 Heattreatment of Metal 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Heattreatment of metal is a process that alters the physical and chemical properties of the metal by heating it to a high temperature. The goal of heattreatment is to change the material's characteristics so that it can be used in new products or recycled more easily. Heattreatment can also improve the quality of existing products.
Some of the major companies in the heattreatment of metal market are Bodycote, DOWA Thermotech, FPM Heat Treating, Premier Thermal Solutions, H„RTEREI REESE, SHU, Woodworth, Parker Trutec Group, Paulo, Oriental Engineering, Kanto Yakin Kogyo Co Ltd, Fengdong.
The heattreatment of metal market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Heattreatment of Metal 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 Heattreatment of Metal Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Heattreatment of Metal 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 Heattreatment of Metal 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 Heattreatment of Metal Market Size & Forecast, 2018-2028
4.5.1 Heattreatment of Metal Market Size and Y-o-Y Growth
4.5.2 Heattreatment of Metal Market Absolute $ Opportunity
Chapter 5 Global Heattreatment of Metal 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 Heattreatment of Metal Market Size Forecast by Type
5.2.1 General Heat Treatment
5.2.2 Surface Heat Treatment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Heattreatment of Metal 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 Heattreatment of Metal Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Heavy Machinery
6.2.3 Aerospace
6.2.4 Defense
6.2.5 Construction
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Heattreatment of Metal 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 Heattreatment of Metal 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 Heattreatment of Metal Analysis and Forecast
9.1 Introduction
9.2 North America Heattreatment of Metal 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 Heattreatment of Metal Market Size Forecast by Type
9.6.1 General Heat Treatment
9.6.2 Surface 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 Heattreatment of Metal Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Heavy Machinery
9.10.3 Aerospace
9.10.4 Defense
9.10.5 Construction
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 Heattreatment of Metal Analysis and Forecast
10.1 Introduction
10.2 Europe Heattreatment of Metal 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 Heattreatment of Metal Market Size Forecast by Type
10.6.1 General Heat Treatment
10.6.2 Surface 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 Heattreatment of Metal Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Heavy Machinery
10.10.3 Aerospace
10.10.4 Defense
10.10.5 Construction
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 Heattreatment of Metal Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Heattreatment of Metal 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 Heattreatment of Metal Market Size Forecast by Type
11.6.1 General Heat Treatment
11.6.2 Surface 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 Heattreatment of Metal Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Heavy Machinery
11.10.3 Aerospace
11.10.4 Defense
11.10.5 Construction
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 Heattreatment of Metal Analysis and Forecast
12.1 Introduction
12.2 Latin America Heattreatment of Metal 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 Heattreatment of Metal Market Size Forecast by Type
12.6.1 General Heat Treatment
12.6.2 Surface 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 Heattreatment of Metal Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Heavy Machinery
12.10.3 Aerospace
12.10.4 Defense
12.10.5 Construction
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) Heattreatment of Metal Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Heattreatment of Metal 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) Heattreatment of Metal Market Size Forecast by Type
13.6.1 General Heat Treatment
13.6.2 Surface 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) Heattreatment of Metal Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Heavy Machinery
13.10.3 Aerospace
13.10.4 Defense
13.10.5 Construction
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 Heattreatment of Metal Market: Competitive Dashboard
14.2 Global Heattreatment of Metal Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bodycote
14.3.2 DOWA Thermotech
14.3.3 FPM Heat Treating
14.3.4 Premier Thermal Solutions
14.3.5 HÄRTEREI REESE
14.3.6 SHU
14.3.7 Woodworth
14.3.8 Parker Trutec Group
14.3.9 Paulo
14.3.10 Oriental Engineering
14.3.11 Kanto Yakin Kogyo Co Ltd
14.3.12 Fengdong
