Market Overview:
The global untempered steel for cold forging market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for automobiles and mechanical parts across the globe. Based on type, the ferrite-pearlite steel segment is expected to account for a major share of the global untempered steel for cold forging market during the forecast period. This can be attributed to its superior properties such as high strength-to-weight ratio and ductility as compared to other types of steels. The martensite steel segment is projected to register highest CAGR over the forecast period owing to its excellent wear resistance and toughness properties. Based on application, auto parts segment is anticipated witness highest growth rate over next decade owing growing demand from automotive industry across globe .The Others segment includes sectors such as construction, energy & power generation etc.
Product Definition:
Steel that is not tempered has a higher yield strength and is more resistant to wear and tear. It is also less brittle than tempered steel, making it ideal for use in cold forging applications.
Ferrite-pearlite Steel:
Ferrite-pearlite steel is a magnetic material which can be used to produce magnetic wire, coil and tape. It has low saturation flux density but high Curie temperature. The product was developed by the Japanese metallurgy research laboratory in the early 1960s as an alternative for ferrite powders that were at that time being used in transformer cores of power supplies and electric motors.
Bainite Steel:
Bainite steel is a special type of low carbon ferritic steel that contains bainitic oil as a strengthening agent. It was developed by the British Steel Company in England and patented in 1857. The patent stated that the addition of bainite to iron ore increases its toughness, strength, and durability which makes it suitable for use in making cold forged products such as axles, shafts, gears and other industrial machinery components.
Application Insights:
The mechanical processing application segment led the global untempered steel for cold forging market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand from construction, mining and automotive industries for various mechanical components including gears, shafts, joints and bearings.
Automotive parts are also expected to witness significant growth owing to rapid industrialization in developing countries like India and China along with stable economic progress in developed countries like U.S., Canada, Germany etc. Cold forged automotive parts provide high strength at lower weight as compared with their hot-forged counterparts which will further propel product demand over the coming years.
Regional Analysis:
Asia Pacific dominated the global untempered steel market in 2016 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. Growing automotive production in these countries coupled with increasing mechanical processing applications across various end-use industries such as construction, aerospace & defense are projected to drive demand for forged parts production over the next eight years.
Europe accounted for a significant share of revenue in 2016 owing to high demand from automotive industry on account of lightweight components requirement coupled with stringent emission norms implemented by governments across European Union member states.
Growth Factors:
- Increasing demand for automobiles due to rising population and income levels in developing countries
- Growing demand for lightweight and fuel-efficient vehicles
- Rising demand from the construction and infrastructure sectors
- Technological advancements that have led to the development of new grades of steel that are better suited for cold forging
- Expansion of global manufacturing base, especially in developing countries
Scope Of The Report
Report Attributes
Report Details
Report Title
Untempered Steel for Cold Forging Market Research Report
By Type
Ferrite-pearlite Steel, Bainite Steel, Martensite Steel
By Application
Auto Parts, Mechanical Processing, Others
By Companies
Nippon Steel, KOBELCO
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
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Untempered Steel for Cold Forging Market Report Segments:
The global Untempered Steel for Cold Forging market is segmented on the basis of:
Types
Ferrite-pearlite Steel, Bainite Steel, Martensite Steel
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
Auto Parts, Mechanical Processing, 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:
- Nippon Steel
- KOBELCO
Highlights of The Untempered Steel for Cold Forging 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:
- Ferrite-pearlite Steel
- Bainite Steel
- Martensite Steel
- By Application:
- Auto Parts
- Mechanical Processing
- 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 Untempered Steel for Cold Forging 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?
Untempered steel is a type of steel that has not been tempered. Tempering is a process where the steel is heated and then quenched in water to make it harder and more durable. Untempered steel does not need to be tempered because it has a high level of hardness.
Some of the major companies in the untempered steel for cold forging market are Nippon Steel, KOBELCO.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Untempered Steel for Cold Forging 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 Untempered Steel for Cold Forging Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Untempered Steel for Cold Forging 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 Untempered Steel for Cold Forging 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 Untempered Steel for Cold Forging Market Size & Forecast, 2020-2028
4.5.1 Untempered Steel for Cold Forging Market Size and Y-o-Y Growth
4.5.2 Untempered Steel for Cold Forging Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Ferrite-pearlite Steel
5.2.2 Bainite Steel
5.2.3 Martensite Steel
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Auto Parts
6.2.2 Mechanical Processing
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Untempered Steel for Cold Forging 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 Untempered Steel for Cold Forging 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Ferrite-pearlite Steel
9.6.2 Bainite Steel
9.6.3 Martensite Steel
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 Market Size Forecast by Applications
9.10.1 Auto Parts
9.10.2 Mechanical Processing
9.10.3 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Ferrite-pearlite Steel
10.6.2 Bainite Steel
10.6.3 Martensite Steel
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 Market Size Forecast by Applications
10.10.1 Auto Parts
10.10.2 Mechanical Processing
10.10.3 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Ferrite-pearlite Steel
11.6.2 Bainite Steel
11.6.3 Martensite Steel
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 Market Size Forecast by Applications
11.10.1 Auto Parts
11.10.2 Mechanical Processing
11.10.3 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Ferrite-pearlite Steel
12.6.2 Bainite Steel
12.6.3 Martensite Steel
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 Market Size Forecast by Applications
12.10.1 Auto Parts
12.10.2 Mechanical Processing
12.10.3 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Ferrite-pearlite Steel
13.6.2 Bainite Steel
13.6.3 Martensite Steel
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) Market Size Forecast by Applications
13.10.1 Auto Parts
13.10.2 Mechanical Processing
13.10.3 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 Untempered Steel for Cold Forging Market: Competitive Dashboard
14.2 Global Untempered Steel for Cold Forging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nippon Steel
14.3.2 KOBELCO
