Learn about the global heat treated steel plates market through The Business Research Company, which provides information on heat treated steel plates market size, heat treated steel plates market drivers and restraints, heat treated steel plates market players, the COVID-19 impact on the heat treated steel plates market, and more.

The global heat-treated steel plates market size is expected to grow from $61.03 billion in 2021 to $64.07 billion in 2022 at a compound annual growth rate (CAGR) of 5.0%. The global heat-treated steel plates market size is expected to grow to $76.25 billion in 2026 at a CAGR of 4.4%.

The growing number of shipbuilding activities is significantly driving the growth of the heat-treated steel plates market.

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The heat-treated steel plates market consists of sales of heat-treated steel plates by entities (organizations, partnerships, and sole proprietors) that are used to change the microstructure of metals and alloys, including steel and aluminum, to give them properties, such as improved surface stiffness, temperature tolerance, ductility, and resilience, which is expected to help them last longer. Heat treating steel is a step-by-step procedure that begins with heating, continues with changing the physical properties of the plates, and concludes with cooling.

Global Heat Treated Steel Plates Market Segments Include:
By Type: Carbon Steel, Alloy Steel, Stainless Steel

By Heat Treatment Type: Annealing, Tempering, Normalizing, Quenching

By End-user: Automotive and Heavy Machinery, Building and Construction, Ship Building and Off-Shore Structures, Energy and Power, Other End-user Industries

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the heat-treated steel plates market in 2021.

Business collaboration is a key trend gaining popularity in the heat-treated steel plates market. Major companies operating in the heat-treated steel plates sector are focused on business collaboration through business contracts, MoUs, and strategic partnerships to strengthen their position.

TBRC’s Heat Treated Steel Plates Market Report Covers:

Major Market Players: Arcelormittal S.A., ThyssenKrupp AG, POSCO, Tata Steel Limited, Baosteel Group, Outokumpu, JFE Holdings, Nippon Steel Corporation, Novolipetsk Steel, Essar Steel, Gerdau S.A., Jiangsu Shagang Group, US Steel, Ansteel Group Corporation Limited.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Heat Treated Steel Plates Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides heat treated steel plates market overviews, analyzes and forecasts market size, share, heat treated steel plates market players, heat treated steel plates market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s heat treated steel plates market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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