Heat-treated Steel Plates Market – Industry Analysis and Forecast (2017-2026) _ by Steel Type (Carbon steel, Stainless steel and Alloy steel), by Treatment (Quenching & tempering, Spheroidizing, Normalizing and Stress relieving), by Application (Construction, Automotive & defense vehicles, Industrial machinery, Shipbuilding and Energy & power), and by Geography (North America, Europe, Asia Pacific, Middle East & Africa and Latin America)

The heat-treated steel plates market is expected to witness the significant growth during the forecast period. This is due to the high corrosion resistance and impact strength of the heat treated steel, there is increasing use in various end-use industries.

Heat-treated Steel Plates Market is expected to reach USD 127.41 Billion by 2024 from USD 99.47 Billion in 2016 at a CAGR of 3.6 %.

Report includes assessment of market definition along with the identification of key players and analysis of their strategies, complete quantitative analysis of the industry from 2016 to 2026 to enable the stakeholders to capitalize on the prevailing market opportunities, market analysis and comprehensive segmentation with respect to the steel type, treatment, application, and geography to assist in strategic business planning.

The carbon steel segment is expected to witness significant market growth:

The growth of this segment is attributed to its economical price, wide applications in end-use industries and easy availability.

The Asia Pacific is expected to hold the largest shares of the market during the forecast period:

The growth of this region is attributed to the easy availability of raw materials, cheap labour and increasing demand for steel across various end-use industries.

The scope of the Report:

Heat-treated Steel Plates Market, By Steel Type: Carbon steel, Stainless steel and Alloy steel

Heat-treated Steel Plates Market, By Treatment: Quenching & tempering, Spheroidizing, Normalizing and Stress Relieving

Heat-treated Steel Plates Market, By Application: Construction, Automotive & defense vehicles, Industrial machinery, Shipbuilding and Energy & power

Heat-treated Steel Plates Market, By Geography: North America, Europe, Asia Pacific, Middle East, Africa and Latin America

Heat-treated Steel Plates marketplace is growing with the presence of major companies holding a large market share.

Some of them operating in the market are given underneath:

Arcelormittal
Nippon Steel & Sumitomo Metal Corporation
Posco
JFE Holdings
Thyssenkrupp AG
Baosteel
Tata Steel
Novolipetsk Steel
Outokumpu
Vitkovice Steel
Hyundai Steel
Essar Steel
Voestalpine
Steel Authority of India Limited
Ansteel