Global Metal Heat Treatment Market
Metal Heat Treatment is defined as a method which is utilized for altering features of alloys & metals through cooling & heating processes. The metal heat treating method is used for achieving required product fit for a particular application. It is a process of altering the physical & chemical properties of metals via different operations like heating, holding, and cooling of metal in the solid state to obtain particular desirable metallurgical properties.
Market Drivers
The increase in demand from end-use industries is considered as a key factor driving the demand for metal heat treatment and services. The rise in penetration of heat treating applications in automotive, aerospace, construction, machining, and electrical & electronics industries is expected to act as a another driving factor will fuel the market growth. The growing demand for commercial vehicles owing to high aviation demand as well as the rise in air passenger traffic will accelerate the market growth.
Manufacturing industries are integrating metal heat treatment processes with their existing production lines to enhance the overall efficiency of the final product. The automotive industry plays an important role in boosting the heat treating services in emerging countries including China, Indonesia, Mexico, Brazil, and India. Moreover, the presence of major automotive manufacturers in aforementioned countries has accelerated the global metal heat treatment market growth.
Metal heat treatment improves hardness & tensile strength of the metal with imparting rust resistance to the metal will drive the market growth. Huge demand for professional heat treatment solutions in automotive sector will create the opportunities for target market in near future.
Market Restraint
Volatility of raw material prices is a major challenge faced by manufacturers which may hinder the global metal heat treatment market growth during this forecast timeframe.
Market Segmentation
The Global Metal Heat Treatment Market is segmented into material such as Cast Iron, Steel, and others, by process such as Case hardening, Normalizing, Annealing, and Others. Based on the equipment market is segmented into electrically heated furnace, Fuel-fired furnace, and others. Further, market is segmented into application such as Aerospace, Automotive, Machine, Metalworking, Construction, and Others.
Also, the Global Metal Heat Treatment Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Regional Analysis
The Asia Pacific emerged as the largest market for Metal Heat Treatment is anticipated to gain momentum during this forecast period due to increased vehicle production across the world. Construction is one of the prominent applications for heat treatment, steel structures used in construction like columns, beams, and grills undergo the aforementioned process. The expansion of construction industry in APAC on account of increasing government expenditure on key infrastructure expected to boost demand in construction industry during this forecast period.
Market Key Players
Various key players are discussed in this report such as Solar Atmosphere Inc., Bodycote Heat Treatments Ltd., American Metal Treating Inc., Bohler Uddeholm, Bluewater Thermal Solutions, Ajax Tocco International Ltd., etc.
Market Taxonomy
By Material
By Process
By Equipment
By Application
By Region
Key Questions Addressed by the Report
Global Metal Heat Treatment Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Metal Heat Treatment Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Metal Heat Treatment Market, By Material
5.1 Y-o-Y Growth Comparison, By Material
5.2 Global Metal Heat Treatment Market Share Analysis, By Material
5.3 Global Metal Heat Treatment Market Size and Forecast, By Material
5.3.1 Cast Iron
5.3.2 Steel
5.3.3 Others
6 Global Metal Heat Treatment Market, By Process
6.1 Y-o-Y Growth Comparison, By Process
6.2 Global Metal Heat Treatment Market Share Analysis, By Process
6.3 Global Metal Heat Treatment Market Size and Forecast, By Process
6.3.1 Case hardening
6.3.2 Normalizing
6.3.3 Annealing
6.3.4 Others
7 Global Metal Heat Treatment Market, By Equipment
7.1 Y-o-Y Growth Comparison, By Equipment
7.2 Global Metal Heat Treatment Market Share Analysis, By Equipment
7.3 Global Metal Heat Treatment Market Size and Forecast, By Equipment
7.3.1 Electrically heated furnace
7.3.2 Fuel-fired furnace
7.3.3 Others
8 Global Metal Heat Treatment Market, By Application
8.1 Y-o-Y Growth Comparison, By Application
8.2 Global Metal Heat Treatment Market Share Analysis, By Application
8.3 Global Metal Heat Treatment Market Size and Forecast, By Application
8.3.1 Aerospace
8.3.2 Automotive
8.3.3 Machine
8.3.4 Metalworking
8.3.5 Construction
8.3.6 Others
9Global Metal Heat Treatment Market, By Region
9.1 Global Metal Heat Treatment Market Share Analysis, By Region
9.2 Global Metal Heat Treatment Market Share Analysis, By Region
9.3 Global Metal Heat Treatment Market Size and Forecast, By Region
10 North America Metal Heat Treatment Analysis and Forecast (2020 – 2030)
10.1 Introduction
10.2 North America Metal Heat Treatment Product Market Share Analysis, By Material
10.3 North America Metal Heat Treatment Product Market Size and Forecast, By Process
10.4 North America Metal Heat Treatment Product Market Size and Forecast, By Equipment
10.5 North America Metal Heat Treatment Product Market Size and Forecast, By Application
10.6 North America Metal Heat Treatment Product Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11Europe Metal Heat Treatment Market Analysis and Forecast (2020 – 2030)
11.1 Introduction
11.2 Europe Metal Heat Treatment Product Market Share Analysis, By Material
11.3 Europe Metal Heat Treatment Product Market Size and Forecast, By Process
11.4 Europe Metal Heat Treatment Product Market Size and Forecast, By Equipment
11.5 Europe Metal Heat Treatment Product Market Size and Forecast, By Application
11.6 Europe Metal Heat Treatment Product Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.64. Rest of Europe
12Asia Pacific Metal Heat Treatment Market Analysis and Forecast (2020 – 2030)
12.1 Introduction
12.2 Asia Pacific Metal Heat Treatment Product Market Share Analysis, By Material
12.3 Asia Pacific Metal Heat Treatment Product Market Size and Forecast, By Process
12.4 Asia Pacific Metal Heat Treatment Product Market Size and Forecast, By Equipment
12.5 Asia Pacific Metal Heat Treatment Product Market Size and Forecast, By Application
12.6 Asia Pacific Metal Heat Treatment Product Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13Latin America Metal Heat Treatment Market Analysis and Forecast (2020 – 2030)
13.1 Introduction
13.2 Latin America Metal Heat Treatment Product Market Share Analysis, By Material
13.3 Latin America Metal Heat Treatment Product Market Size and Forecast, By Process
13.4 Latin America Metal Heat Treatment Product Market Size and Forecast, By Equipment
13.5 Latin America Metal Heat Treatment Product Market Size and Forecast, By Application
13.6 Latin America Metal Heat Treatment Product Market Size and Forecast, By Country
14Middle East Metal Heat Treatment Market Analysis and Forecast (2020 – 2030)
14.1 Introduction
14.2 Middle East Metal Heat Treatment Product Market Share Analysis, By Material
14.3 Middle East Metal Heat Treatment Product Market Size and Forecast, By Process
14.4 Middle East Metal Heat Treatment Product Market Size and Forecast, By Equipment
14.5 Middle East Metal Heat Treatment Product Market Size and Forecast, By Application
14.6 Middle East Metal Heat Treatment Product Market Size and Forecast, By Country
15Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16Company Profiles
16.1 Solar Atmosphere Inc
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Bodycote Heat Treatments Ltd.
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 American Metal Treating Inc
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Bohler Uddeholm
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Bluewater Thermal Solutions
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Ajax Tocco International Ltd
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies