Heat Treated Steel Plates Market -78% of Growth to Originate from APAC |Driven by Growing Demand from the Construction Industry | 17000+ Technavio Reports

The potential growth difference for the heat-treated steel plates market between 2021 and 2026 is 18120.00  thousand tons. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.

Key Market Dynamics:

• Market Driver -  The key factor driving the global heat-treated steel plates market growth is the growing demand from the construction industry. Carbon steel is widely used in commercial, residential, and industrial buildings and other public infrastructures such as bridges, tunnels, and highways. Steel is strong, lightweight, and ductile, which makes it suitable for use in the construction of buildings and other infrastructures. Many new global infrastructural developments, such as the construction of smart cities, tech parks, shopping malls, high-rise buildings, highways, and other public infrastructure contribute largely to the global construction industry. The demand for high-strength and cost-effective construction materials is increasing in the modern construction industry, which is expected to propel the demand for heat-treated steel plates during the forecast period.
• Market Challenges - The key challenge to the global heat-treated steel plates market growth is the growing preference for carbon fiber in automotive applications. The need for lightweight automobiles has increased the use of carbon fiber composites in automobiles. The use of carbon fiber composites can reduce automobile weight by 40%-50% and increase fuel efficiency by 30%-35%. Carbon-fiber-reinforced polymers are gradually being used in the large-scale production of luxury cars such as the BMW i8 and BMW 7. Regulations regarding fuel efficiency and emissions levels are compelling the automotive industry to reduce the weight of the vehicles, thereby creating challenges in the global heat-treated steel plates market. Such factors will negatively impact the growth of the market during the forecast period.

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Segmentation Analysis 

The heat-treated steel plates market report is segmented by End-user by volume (automotive and heavy machinery, construction and infrastructure, shipbuilding and off-shore structures, energy and power, and others), and Geography (APAC, Europe, North America, MEA, and South America).  

The heat-treated steel plates market in the automotive and heavy machinery segment will be significant for revenue generation. The rise in environmental concerns and the development of new innovative technologies, such as hot stamping, to achieve cost and weight reduction, fuel economy expectations, and safety performance will increase the demand for heat-treated steel plates in the automobile industry, which will support the market growth in the coming years.

Download our sample report for additional insights into the contribution of all the segments

Some Companies Mentioned

The heat-treated steel plates market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

• ArcelorMittal SA
• Baosteel Group Corp.
• Essar Global Fund Ltd.
• JFE Holdings Inc.
• Nippon Steel Corp.
• NLMK Group
• Outokumpu Oyj
• POSCO
• Tata Sons Pvt. Ltd.
• ThyssenKrupp AG
• To gain access to more vendor profiles with their key offerings available with Technavio, Click Here

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Key Topics Covered:

1. Executive Summary                         

               1.1 Market Overview 

                              Exhibit 01:  Key Finding 1

                              Exhibit 02:  Key Finding 1

                              Exhibit 03:  Key Finding 2

                              Exhibit 04:  Key Finding 3

                              Exhibit 05:  Key Finding 4

                              Exhibit 06:  Key Finding 5

                              Exhibit 07:  Key Finding 5

2. Market Landscape                            

               2.1 Market ecosystem             

                              Exhibit 08:  Parent market

                              Exhibit 09:  Market characteristics

               2.2 Value chain analysis           

                              Exhibit 10:  Value Chain Analysis: Steel

                              2.2.1 Inputs

                              2.2.2 Inbound logistics

                              2.2.3 Operations

                              2.2.4 Outbound logistics

                              2.2.5 Marketing and sales

                              2.2.6 After-sales and service

                              2.2.7 Support activities

                              2.2.8 Innovations

3. Market Sizing                      

               3.1 Market segment analysis  

                              Exhibit 11:  Market segments

               3.2 Market size 2021 

               3.3 Market definition

                              Exhibit 12:  Offerings of vendors included in the market definition

               3.4 Market outlook: Forecast for 2021 - 2026 

                              Exhibit 13:  Global - Market size and forecast 2021 - 2026 (thousand tons)

                              Exhibit 14:  Global market: Year-over-year growth 2021 - 2026 (%)

4. Five Forces Analysis                         

               4.1 Five Forces Summary         

                              Exhibit 16:  Five forces analysis 2021 & 2026

               4.2 Bargaining power of buyers            

                              Exhibit 17: Bargaining power of buyers

               4.3 Bargaining power of suppliers        

                              Exhibit 18: Bargaining power of suppliers

               4.4 Threat of new entrants     

                              Exhibit 19: Threat of new entrants

               4.5 Threat of substitutes          

                              Exhibit 20: Threat of substitutes

               4.6 Threat of rivalry   

                              Exhibit 21: Threat of rivalry

               4.7 Market condition 

                              Exhibit 22:  Market condition - Five forces 2021

5 Market Segmentation by End-user by Volume                      

               5.1 Market segments

                              Exhibit 22:  End-user by Volume - Market share 2021-2026 (%)

               5.2 Comparison by End-user by Volume            

                              Exhibit 23:  Comparison by End-user by Volume

               5.3 Automotive and heavy machinery - Market size and forecast 2021-2026 ($ millions)              

                              Exhibit 24:  Automotive and heavy machinery - Market size and forecast 2021-2026 (thousand tons)

                              Exhibit 25:  Automotive and heavy machinery - Year-over-year growth 2021-2026 (%)

               5.4 Construction and infrastructure - Market size and forecast 2021-2026 ($ millions)              

                              Exhibit 26:  Construction and infrastructure - Market size and forecast 2021-2026 (thousand tons)

                              Exhibit 27:  Construction and infrastructure - Year-over-year growth 2021-2026 (%)

               5.5 Ship building and off-shore structures - Market size and forecast 2021-2026 ($ millions)              

                              Exhibit 28:  Ship building and off-shore structures - Market size and forecast 2021-2026 (thousand tons)

                              Exhibit 29:  Ship building and off-shore structures - Year-over-year growth 2021-2026 (%)

               5.6 Energy and power - Market size and forecast 2021-2026 ($ millions)            

                              Exhibit 30:  Energy and power - Market size and forecast 2021-2026 (thousand tons)

                              Exhibit 31:  Energy and power - Year-over-year growth 2021-2026 (%)

               5.7 Others - Market size and forecast 2021-2026 ($ millions)   

                              Exhibit 32:  Others - Market size and forecast 2021-2026 (thousand tons)

                              Exhibit 33:  Others - Year-over-year growth 2021-2026 (%)

               5.8 Market opportunity by End-user by Volume            

                              Exhibit 34:  Market opportunity by End-user by Volume

6. Customer landscape                        

               6.1 Overview

                              Technavio's customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

                              Exhibit 35: ?Customer landscape?

7. Geographic Landscape                    

               7.1 Geographic segmentation

                              Exhibit 36:  Market share by geography 2021-2026 (%)

               7.2 Geographic comparison    

                              Exhibit 37: Geographic comparison

               7.3 APAC - Market size and forecast 2021-2026             

                              Exhibit 38:  APAC - Market size and forecast 2021-2026 (thousand tons)

                              Exhibit 39:  APAC - Year-over-year growth 2021-2026 (%)

               7.4 Europe - Market size and forecast 2021-2026         

                              Exhibit 40:  Europe - Market size and forecast 2021-2026 (thousand tons)

                              Exhibit 41:  Europe - Year-over-year growth 2021-2026 (%)

               7.5 North America - Market size and forecast 2021-2026          

                              Exhibit 42:  North America - Market size and forecast 2021-2026 (thousand tons)

                              Exhibit 43:  North America - Year-over-year growth 2021-2026 (%)

               7.6 MEA - Market size and forecast 2021-2026              

                              Exhibit 44:  MEA - Market size and forecast 2021-2026 (thousand tons)

                              Exhibit 45:  MEA - Year-over-year growth 2021-2026 (%)

               7.7 South America - Market size and forecast 2021-2026          

                              Exhibit 46:  South America - Market size and forecast 2021-2026 (thousand tons)

                              Exhibit 47:  South America - Year-over-year growth 2021-2026 (%)

8. Drivers, Challenges, and Trends                  

               8.1 Market drivers      

                              8.1.1 Growing demand from the construction industry

                              8.1.2 Large scale funds in businesses and infrastructure

                              8.1.3 Increasing applications in machinery production

               8.2 Market challenges              

                              8.2.1 Growing preference for carbon fiber in automotive applications

                              8.2.2 Volatile prices of raw materials

                              8.2.3 Stringent regulations by authorities

                              Exhibit 48:  Impact of drivers and challenges

               8.3 Market trends      

                              8.3.1 Increased penetration of heat-treated steel plates in industrial applications

                              8.3.2 Rising demand in the wind energy sector

                              8.3.3 Rapid increase in urbanization

9. Vendor Landscape                            

               9.1 Overview

                              Exhibit 49: Vendor landscape

                              The potential for the disruption of the market landscape was moderate in 2020, and its threat is expected to remain unchanged by 2025. 

               9.2 Landscape disruption         

                              Exhibit 50: ?Landscape disruption?

                              Exhibit 51: Industry risks

               9.3 Competitive scenario        

10. Vendor Analysis               

               10.1 Vendors covered              

                              Exhibit 52: Vendors covered

               10.2 Market positioning of vendors    

                              Exhibit 53: ?Market positioning of vendors?

               10.3 ArcelorMittal SA

                              Exhibit 54:  ArcelorMittal SA - Overview

                              Exhibit 55:  ArcelorMittal SA - Business segments

                              Exhibit 56:  ArcelorMittal SA - Key offerings

                              Exhibit 57:  ArcelorMittal SA - Segment focus

               10.4 Baosteel Group Corp.     

                              Exhibit 58:  Baosteel Group Corp. - Overview

                              Exhibit 59:  Baosteel Group Corp. - Product and service

                              Exhibit 60:  Baosteel Group Corp. - Key offerings

               10.5 Essar Global Fund Ltd.    

                              Exhibit 61:  Essar Global Fund Ltd. - Overview

                              Exhibit 62:  Essar Global Fund Ltd. - Product and service

                              Exhibit 63:  Essar Global Fund Ltd. - Key offerings

               10.6 JFE Holdings Inc.

                              Exhibit 64:  JFE Holdings Inc. - Overview

                              Exhibit 65:  JFE Holdings Inc. - Business segments

                              Exhibit 66:  JFE Holdings Inc. - Key offerings

                              Exhibit 67:  JFE Holdings Inc. - Segment focus

               10.7 Nippon Steel Corp.          

                              Exhibit 68:  Nippon Steel Corp. - Overview

                              Exhibit 69:  Nippon Steel Corp. - Business segments

                              Exhibit 70:  Nippon Steel Corp. - Key offerings

               10.8 NLMK Group       

                              Exhibit 72:  NLMK Group - Overview

                              Exhibit 73:  NLMK Group - Business segments

                              Exhibit 74:  NLMK Group - Key offerings

                              Exhibit 75:  NLMK Group - Segment focus

               10.9 Outokumpu Oyj 

                              Exhibit 76:  Outokumpu Oyj - Overview

                              Exhibit 77:  Outokumpu Oyj - Business segments

                              Exhibit 78:  Outokumpu Oyj - Key offerings

                              Exhibit 79:  Outokumpu Oyj - Segment focus

               10.10 POSCO

                              Exhibit 80:  POSCO - Overview

                              Exhibit 81:  POSCO - Business segments

                              Exhibit 82:  POSCO - Key offerings

                              Exhibit 83:  POSCO - Segment focus

               10.11 Tata Sons Pvt. Ltd.         

                              Exhibit 84:  Tata Sons Pvt. Ltd. - Overview

                              Exhibit 85:  Tata Sons Pvt. Ltd. - Business segments

                              Exhibit 86:  Tata Sons Pvt. Ltd. - Key offerings

                              Exhibit 87:  Tata Sons Pvt. Ltd. - Segment focus

               10.12 thyssenkrupp AG           

                              Exhibit 88:  thyssenkrupp AG - Overview

                              Exhibit 89:  thyssenkrupp AG - Business segments

                              Exhibit 90:  thyssenkrupp AG - Key offerings

                              Exhibit 91:  thyssenkrupp AG - Segment focus

11. Appendix                           

               11.1 Scope of the report         

                              11.1.1Market definition

                              11.1.2 Objectives

                              11.1.3 Notes and Caveats

               11.2 Currency conversion rates for US$            

                              Exhibit 92: Currency conversion rates for US$

               11.3 Research Methodology   

                              Exhibit 93:Research Methodology

                              Exhibit 94:Validation techniques employed for market sizing

                              Exhibit 95: Information sources

               11.4 List of abbreviations        

                              Exhibit 96: List of abbreviations

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