Global Heat Treating Market Growth (Status and Outlook) 2023-2029

Global Heat Treating Market Growth (Status and Outlook) 2023-2029

Heat treating is a group of industrial and metalworking processes used to alter the physical, and sometimes chemical, properties of a material. The most common application is metallurgical. Heat treatments are also used in the manufacture of many other materials, such as glass.

LPI (LP Information)' newest research report, the “Heat Treating Industry Forecast” looks at past sales and reviews total world Heat Treating sales in 2022, providing a comprehensive analysis by region and market sector of projected Heat Treating sales for 2023 through 2029. With Heat Treating sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Heat Treating industry.

This Insight Report provides a comprehensive analysis of the global Heat Treating landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Heat Treating portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Heat Treating market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Heat Treating and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Heat Treating.

The global Heat Treating market size is projected to grow from US$ 80760 million in 2022 to US$ 93140 million in 2029; it is expected to grow at a CAGR of 2.1% from 2023 to 2029.

United States market for Heat Treating is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Heat Treating is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Heat Treating is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Heat Treating players cover Ajax Tocco International, Pillar Induction, Aichelin Holding, American Metal Treating, Bluewater Thermal Processing, General Metal Heat Treating, Houston Heat Treat, Keith Company and Pacific Metallurgical, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Heat Treating market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Integral Heat Treatment
Surface Heat Treatment
Chemical Heat Treatment

Segmentation by application
Automotive
Aerospace
Metalworking
Machine
Construction
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Ajax Tocco International
Pillar Induction
Aichelin Holding
American Metal Treating
Bluewater Thermal Processing
General Metal Heat Treating
Houston Heat Treat
Keith Company
Pacific Metallurgical
Paulo
Thermex Metal Treating
Thermtech
Tri-J Heat Treating

Please note: The report will take approximately 2 business days to prepare and deliver.