Market Overview:
The global heavy plates 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 heavy plates from various end-use industries, such as construction, shipbuilding, and industrial equipment. In terms of type, the thickest segment is expected to grow at a higher CAGR than other segments during the forecast period. This can be attributed to the growing demand for heavy plates with thicknesses above 60 mm from various end-use industries.
Product Definition:
Heavy Plates are plates that weigh more than 10 pounds. They are used for strength training to increase muscle mass and definition.
Thickness 8-20mm:
Thickness 8-20mm is a new term in the healthcare industry which was introduced due to the rising demand for heavy plates market. Thickness 8-20mm refers to the thickness of bone apposition or soft tissue at various levels from 8 mm below the skin down to 20 mm below the skin.
Thickness 21-60mm:
Thickness 21-60mm is a range of stainless steel sheets with a thickness between 21 and 60 mm. It has applications in the food industry mainly for covering heavy plates such as dessert, main dish or other plate covers. The dessert consists of fruits, chocolate or any other sweet dish which requires more thickness to cover the food properly and also to serve it hot so that it melts on the tongue giving an experience similar to home cooked meal.
Application Insights:
The construction application segment led the global heavy plates market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing infrastructure spending in emerging economies across the Asia Pacific region, such as China, India and Japan. In addition, an increase in residential & commercial construction activities across developed countries including U.K., Germany, France and Italy is likely to propel product demand over the next seven years.
The industrial equipment application segment accounted for a share of 15% by revenue in 2017 owing to rising utilization of heavy plates with high strength steel for manufacturing various industrial machinery components including crushing machines, cement mixers.
Regional Analysis:
Asia Pacific dominated the global heavy plates market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing infrastructure development activities, coupled with rising industrial manufacturing in countries such as China, India, Japan and South Korea. In addition, growing shipbuilding activities in developing economies including China and India are likely to contribute significantly towards industry expansion over the coming years.
The construction sector is also anticipated to witness considerable growth due to rapid urbanization across various Asia Pacific countries such as Indonesia, Philippines and Vietnam among others. Increasing government investments for infrastructural development projects are projecteded contributing towards industry expansion over the next eight years or so.
Europe accounted for a significant share of global revenue in 2017 owing their well-established shipbuilding & marine industries across several European nations including Norway UK Germany France Spain Italy etc.
Growth Factors:
- Increasing demand from the automotive and construction industries for heavy plates is expected to be a key growth driver for the market over the forecast period.
- The increasing use of heavy plates in shipbuilding and other marine applications is also projected to fuel market growth over the next few years.
- Growing investments in infrastructure development projects are anticipated to create lucrative opportunities for the Heavy Plates market in developing countries across Asia Pacific and Latin America regions.
- Rising awareness about the benefits of using heavy plates among end-use industries is likely to propel demand over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Heavy Plates Market Research Report
By Type
Thickness 8-20mm, Thickness 21-60mm, Thickness Above60mm
By Application
Construction, Shipbuilding, Industrial Equipment, Others
By Companies
Laminados Industriales, Usiminas, AHMASA, ThyssenKrupp Stahl AG
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Heavy Plates Market Report Segments:
The global Heavy Plates market is segmented on the basis of:
Types
Thickness 8-20mm, Thickness 21-60mm, Thickness Above60mm
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, Shipbuilding, Industrial Equipment, 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:
- Laminados Industriales
- Usiminas
- AHMASA
- ThyssenKrupp Stahl AG
Highlights of The Heavy Plates 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:
- Thickness 8-20mm
- Thickness 21-60mm
- Thickness Above60mm
- By Application:
- Construction
- Shipbuilding
- Industrial Equipment
- 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 Heavy Plates 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?
Heavy plates are a type of armor that is made from metal plates that are thick and heavy. They were used in ancient times to protect people from attacks by swords and other weapons.
Some of the key players operating in the heavy plates market are Laminados Industriales, Usiminas, AHMASA, ThyssenKrupp Stahl AG.
The heavy plates market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Heavy Plates Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Heavy Plates Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Heavy Plates Market - Supply Chain
4.5. Global Heavy Plates Market Forecast
4.5.1. Heavy Plates Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Heavy Plates Market Size (000 Units) and Y-o-Y Growth
4.5.3. Heavy Plates Market Absolute $ Opportunity
5. Global Heavy Plates Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Heavy Plates Market Size and Volume Forecast by Type
5.3.1. Thickness 8-20mm
5.3.2. Thickness 21-60mm
5.3.3. Thickness Above60mm
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Heavy Plates Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Heavy Plates Market Size and Volume Forecast by Application
6.3.1. Construction
6.3.2. Shipbuilding
6.3.3. Industrial Equipment
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Heavy Plates Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Heavy Plates Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Heavy Plates Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Heavy Plates Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Heavy Plates Demand Share Forecast, 2019-2026
9. North America Heavy Plates Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Heavy Plates Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Heavy Plates Market Size and Volume Forecast by Application
9.4.1. Construction
9.4.2. Shipbuilding
9.4.3. Industrial Equipment
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Heavy Plates Market Size and Volume Forecast by Type
9.7.1. Thickness 8-20mm
9.7.2. Thickness 21-60mm
9.7.3. Thickness Above60mm
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Heavy Plates Demand Share Forecast, 2019-2026
10. Latin America Heavy Plates Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Heavy Plates Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Heavy Plates Market Size and Volume Forecast by Application
10.4.1. Construction
10.4.2. Shipbuilding
10.4.3. Industrial Equipment
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Heavy Plates Market Size and Volume Forecast by Type
10.7.1. Thickness 8-20mm
10.7.2. Thickness 21-60mm
10.7.3. Thickness Above60mm
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Heavy Plates Demand Share Forecast, 2019-2026
11. Europe Heavy Plates Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Heavy Plates Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Heavy Plates Market Size and Volume Forecast by Application
11.4.1. Construction
11.4.2. Shipbuilding
11.4.3. Industrial Equipment
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Heavy Plates Market Size and Volume Forecast by Type
11.7.1. Thickness 8-20mm
11.7.2. Thickness 21-60mm
11.7.3. Thickness Above60mm
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Heavy Plates Demand Share, 2019-2026
12. Asia Pacific Heavy Plates Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Heavy Plates Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Heavy Plates Market Size and Volume Forecast by Application
12.4.1. Construction
12.4.2. Shipbuilding
12.4.3. Industrial Equipment
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Heavy Plates Market Size and Volume Forecast by Type
12.7.1. Thickness 8-20mm
12.7.2. Thickness 21-60mm
12.7.3. Thickness Above60mm
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Heavy Plates Demand Share, 2019-2026
13. Middle East & Africa Heavy Plates Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Heavy Plates Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Heavy Plates Market Size and Volume Forecast by Application
13.4.1. Construction
13.4.2. Shipbuilding
13.4.3. Industrial Equipment
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Heavy Plates Market Size and Volume Forecast by Type
13.7.1. Thickness 8-20mm
13.7.2. Thickness 21-60mm
13.7.3. Thickness Above60mm
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Heavy Plates Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Heavy Plates Market: Market Share Analysis
14.2. Heavy Plates Distributors and Customers
14.3. Heavy Plates Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Laminados Industriales
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Usiminas
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. AHMASA
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ThyssenKrupp Stahl AG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook