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Heat Treating Market Share
- Report ID: GMI4995
- Published Date: Oct 2021
- Report Format: PDF
Heat Treating Market Share
Many industry participants are engaged in research & development activities to improve the heat treatment process. Various manufacturers are forming strategic partnerships to increase their market reach and dive into newer markets in emerging economies to meet the growing demands.
Key players in heat treating market include :
- Bodycote Heat Treatments Ltd
- Bluewater Thermal Solutions
- Metcor Inc
- Specialty Steel Treating
- Euclid Heat Treating
- Advanced Heat Treatment Corporation
- Nitrex
- Houston Heat Treat
- Avdhoot Heat Treat Pvt Ltd
- Team Inc
- Peters Heat Treating Inc
- Summitglow Ltd
- Thermex Metal Treating Ltd
- Advanced Heat Treat Corp
- Metal Heat Co., Ltd
- Premier Thermal Solutions LLC
Frequently Asked Questions (FAQ) :
The market size of heat treatment crossed USD 90 billion in 2020 and is projected to witness 3.7% CAGR through 2027, says this GMI report.
Steel materials held more than 80% of the revenue share in 2020 and will register appreciable gains through 2027, driven by easy maintenance and low operating costs.
Automotive segment accounted for over 33% of the market share in 2020 and will push the industry outlook by 2027 owing to increasing production of EVs.
The industry will gain traction in Asia Pacific as the region is slated to register USD 53 billion revenue by 2027.
Heat Treating Market Scope
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