Global Abrasion Resistant Steel Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Abrasion Resistant Steel Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Abrasion Resistant Steel are carbon steels used in high abrasion environments, such as in mining equipment, shredders or dumper bodies. Their abrasion resistance is typically measured in terms of indentation hardness.

According to our (Global Info Research) latest study, the global Abrasion Resistant Steel market size was valued at US$ 4360 million in 2023 and is forecast to a readjusted size of USD 5950 million by 2030 with a CAGR of 4.6% during review period.

The core global manufacturers of Abrasion Resistant Steel include SSAB, JFE, ThyssenKrupp, Dillinger, Bisalloy and ESSAR Steel Algoma. The top three manufacturers account for approximately 43% of the global share. The Asia-Pacific region is the world's largest market, accounting for nearly 35% of the market share.

In terms of product type, 500HB occupies a dominant position, accounting for 32% of the market share. At the same time, in terms of application, mining equipment is the largest application field, accounting for 57%.

This report is a detailed and comprehensive analysis for global Abrasion Resistant Steel market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Brinell Hardness and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Abrasion Resistant Steel market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Abrasion Resistant Steel market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Abrasion Resistant Steel market size and forecasts, by Brinell Hardness and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Abrasion Resistant Steel market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Abrasion Resistant Steel

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Abrasion Resistant Steel market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include SSAB, JFE, ThyssenKrupp, Dillinger, Bisalloy, ESSAR Steel Algoma, ArcelorMittal, NSSMC, NLMK Clabecq, Acroni, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Abrasion Resistant Steel market is split by Brinell Hardness and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Brinell Hardness, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Brinell Hardness
Under HBW 400
400 HB
450 HB
500 HB
Above HBW 500

Market segment by Application
Construction
Mining Equipment
Other

Major players covered
SSAB
JFE
ThyssenKrupp
Dillinger
Bisalloy
ESSAR Steel Algoma
ArcelorMittal
NSSMC
NLMK Clabecq
Acroni
Salzgitter
Valin Steel
HBIS
Baowu Group
Bisalloy Jigang
NanoSteel

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Abrasion Resistant Steel product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Abrasion Resistant Steel, with price, sales quantity, revenue, and global market share of Abrasion Resistant Steel from 2019 to 2024.

Chapter 3, the Abrasion Resistant Steel competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Abrasion Resistant Steel breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Brinell Hardness and by Application, with sales market share and growth rate by Brinell Hardness, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Abrasion Resistant Steel market forecast, by regions, by Brinell Hardness, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Abrasion Resistant Steel.

Chapter 14 and 15, to describe Abrasion Resistant Steel sales channel, distributors, customers, research findings and conclusion.