Global Heat Treatment Market: Size, Trends & Forecasts (2019-2023)
SCOPE OF THE REPORT
The report entitled “Global Heat Treatment Market: Size, Trends & Forecasts (2019-2023)”, provides analysis of the global heat treatment market, with detailed analysis of market size and growth, and segmentation of the industry. The analysis includes the market by value, by process, and by application. The report also provides regional value of heat treatment market.
Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global heat treatment market has also been forecasted for the years 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Bodycote, Aalberts, Aterian Investment Partners (Bluewater Thermal Solutions) and Kennametal Inc. are some of the key players operating in the global heat treatment market, whose company profiling has been done in the report. In this segment of the report, business overview, financial overview and business strategies of the companies are provided.
Company Coverage
Heat treatment industry is very vast and can be classified on various verticals. Such as, on the basis of materials which requires the maximum heat treating methods (steel, copper, aluminum, cast iron and nickle), on the basis of process i.e. the method which is applied on the metal (annealing, normalizing, case hardening, hardening & tempering and others), on the basis of application i.e. the industries which are dominating in applying heat treatment in their production processes (aerospace, automobile, metalworking, construction, etc.) and lastly, on the basis of equipment's (fuel-fired furnace, electrically heated furnace and others).
The global heat treatment market has increased at a significant CAGR during the years 2016-2018 and projections are made that the market would rise in the next four years i.e. 2019-2023 tremendously. The heat treatment market is expected to increase due many growth drivers such as increasing demand for cnc-incorporated machine tools, escalating light vehicle production, increasing usage of vacuum heat treatment technology, etc. Yet the market faces some challenges such as growth of global second-hand machine market, problems related to heat treatment processes, etc. Global heat treatment market is expected to observe some new market trends such as growing influence of 3-D printing, introduction of new sources of heat, etc.
The report entitled “Global Heat Treatment Market: Size, Trends & Forecasts (2019-2023)”, provides analysis of the global heat treatment market, with detailed analysis of market size and growth, and segmentation of the industry. The analysis includes the market by value, by process, and by application. The report also provides regional value of heat treatment market.
Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global heat treatment market has also been forecasted for the years 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Bodycote, Aalberts, Aterian Investment Partners (Bluewater Thermal Solutions) and Kennametal Inc. are some of the key players operating in the global heat treatment market, whose company profiling has been done in the report. In this segment of the report, business overview, financial overview and business strategies of the companies are provided.
Company Coverage
- Bodycote
- Aalberts
- Aterian Investment Partners (Bluewater Thermal Solutions)
- Kennametal Inc
- North America
- Asia-Pacific
- Europe
- Central & South America
- Middle East & Africa
Heat treatment industry is very vast and can be classified on various verticals. Such as, on the basis of materials which requires the maximum heat treating methods (steel, copper, aluminum, cast iron and nickle), on the basis of process i.e. the method which is applied on the metal (annealing, normalizing, case hardening, hardening & tempering and others), on the basis of application i.e. the industries which are dominating in applying heat treatment in their production processes (aerospace, automobile, metalworking, construction, etc.) and lastly, on the basis of equipment's (fuel-fired furnace, electrically heated furnace and others).
The global heat treatment market has increased at a significant CAGR during the years 2016-2018 and projections are made that the market would rise in the next four years i.e. 2019-2023 tremendously. The heat treatment market is expected to increase due many growth drivers such as increasing demand for cnc-incorporated machine tools, escalating light vehicle production, increasing usage of vacuum heat treatment technology, etc. Yet the market faces some challenges such as growth of global second-hand machine market, problems related to heat treatment processes, etc. Global heat treatment market is expected to observe some new market trends such as growing influence of 3-D printing, introduction of new sources of heat, etc.
1. EXECUTIVE SUMMARY
2. INTRODUCTION
2.1.1 Heat Treatment: Meaning
2.1.2 Stages of Heat Treatment
2.1.3 Heat Treatment Industry: Synopsis
2.1.4 Heat Treatment Industry: On the Basis of Material
2.1.5 Heat Treatment Industry: On the Basis of Processes
2.1.6 Heat Treatment Industry: On the Basis of Application
2.1.7 Heat Treatment Industry: On the Basis of Equipment
3. GLOBAL MARKET ANALYSIS
3.1 Global Heat Treatment Market: An Analysis
3.1.1 Global Heat Treatment Market by Value
3.1.2 Global Heat Treatment Market by Region
3.2 Global Heat Treatment Market: Process Analysis
3.2.1 Global Heat Treatment Market by Process
3.2.2 Global Case Hardening Heat Treatment Market by Value
3.2.3 Global Other Heat Treatment Market by Value
3.3 Global Heat Treatment Market: Application Analysis
3.3.1 Global Heat Treatment Market by Application
3.3.2 Global Automotive Heat Treatment Market by Value
3.3.3 Global Aerospace Heat Treatment Market by Value
3.3.4 Global MetalWorking Heat Treatment Market by Value
3.3.5 Other Heat Treatment Market by Value
4. REGIONAL MARKET ANALYSIS
4.1 North America Heat Treatment Market: An Analysis
4.1.1 North America Heat Treatment Market by Value
4.1.2 North America Heat Treatment Market by Region
4.1.3 The US Heat Treatment Market by Value
4.1.4 The US Heat Treatment Market by Application
4.1.5 The US Aerospace Heat Treatment Market by Value
4.1.6 The US Automotive Heat Treatment Market by Value
4.1.7 The US Metalworking Heat Treatment Market by Value
4.1.8 The US Other Industry Heat Treatment Market by Value
4.2 Europe Heat Treatment Market: An Analysis
4.2.1 Europe Heat Treatment Market by Value
4.3 Asia Pacific Heat Treatment Market: An Analysis
4.3.1 Asia Pacific Heat Treatment Market by Value
4.4 Central & South America Heat Treatment Market by Value
4.4.1 Central & South America Heat Treatment Market by Value
4.5 Middle East & Africa Heat Treatment Market: An Analysis
4.5.1 Middle East & Africa Heat Treatment Market by Value
5. MARKET DYNAMICS
5.1 Growth Drivers
5.1.1 Increasing Demand for CNC-Incorporated Machine Tools
5.1.2 Escalating Light Vehicle Production
5.1.3 Increasing Usage of Vacuum Heat Treatment Technology
5.1.4 Digitalization Of The Heat Treatment Operations
5.1.5 Growth in Steel Production
5.1.6 Increase in Number of Civil Aerospace
5.1.7 Increase in Demand From Developing Countries
5.2 Challenges
5.2.1 Growth of Global Second-hand Machine Market
5.2.2 Problems Related to Heat Treatment Processes
5.3 Trends
5.3.1 Growing Influence of 3-D Printing
5.3.2 Introduction of New Sources of Heat
5.3.3 Application of Internet of Things (IoT) Concept
6. COMPETITIVE LANDSCAPE
6.1 Global Heat Treatment Market: Competitive Landscape
6.1.1 Global Heat Treatment Market by Player Analysis
7. COMPANY PROFILING
7.1 Aalberts
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategy
7.2 Bodycote
7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategy
7.3 Kennametal Inc.
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategy
7.4 Aterian Investment Partners (Bluewater Thermal Solutions)
7.4.1 Business Overview
7.4.2 Business Strategy
2. INTRODUCTION
2.1.1 Heat Treatment: Meaning
2.1.2 Stages of Heat Treatment
2.1.3 Heat Treatment Industry: Synopsis
2.1.4 Heat Treatment Industry: On the Basis of Material
2.1.5 Heat Treatment Industry: On the Basis of Processes
2.1.6 Heat Treatment Industry: On the Basis of Application
2.1.7 Heat Treatment Industry: On the Basis of Equipment
3. GLOBAL MARKET ANALYSIS
3.1 Global Heat Treatment Market: An Analysis
3.1.1 Global Heat Treatment Market by Value
3.1.2 Global Heat Treatment Market by Region
3.2 Global Heat Treatment Market: Process Analysis
3.2.1 Global Heat Treatment Market by Process
3.2.2 Global Case Hardening Heat Treatment Market by Value
3.2.3 Global Other Heat Treatment Market by Value
3.3 Global Heat Treatment Market: Application Analysis
3.3.1 Global Heat Treatment Market by Application
3.3.2 Global Automotive Heat Treatment Market by Value
3.3.3 Global Aerospace Heat Treatment Market by Value
3.3.4 Global MetalWorking Heat Treatment Market by Value
3.3.5 Other Heat Treatment Market by Value
4. REGIONAL MARKET ANALYSIS
4.1 North America Heat Treatment Market: An Analysis
4.1.1 North America Heat Treatment Market by Value
4.1.2 North America Heat Treatment Market by Region
4.1.3 The US Heat Treatment Market by Value
4.1.4 The US Heat Treatment Market by Application
4.1.5 The US Aerospace Heat Treatment Market by Value
4.1.6 The US Automotive Heat Treatment Market by Value
4.1.7 The US Metalworking Heat Treatment Market by Value
4.1.8 The US Other Industry Heat Treatment Market by Value
4.2 Europe Heat Treatment Market: An Analysis
4.2.1 Europe Heat Treatment Market by Value
4.3 Asia Pacific Heat Treatment Market: An Analysis
4.3.1 Asia Pacific Heat Treatment Market by Value
4.4 Central & South America Heat Treatment Market by Value
4.4.1 Central & South America Heat Treatment Market by Value
4.5 Middle East & Africa Heat Treatment Market: An Analysis
4.5.1 Middle East & Africa Heat Treatment Market by Value
5. MARKET DYNAMICS
5.1 Growth Drivers
5.1.1 Increasing Demand for CNC-Incorporated Machine Tools
5.1.2 Escalating Light Vehicle Production
5.1.3 Increasing Usage of Vacuum Heat Treatment Technology
5.1.4 Digitalization Of The Heat Treatment Operations
5.1.5 Growth in Steel Production
5.1.6 Increase in Number of Civil Aerospace
5.1.7 Increase in Demand From Developing Countries
5.2 Challenges
5.2.1 Growth of Global Second-hand Machine Market
5.2.2 Problems Related to Heat Treatment Processes
5.3 Trends
5.3.1 Growing Influence of 3-D Printing
5.3.2 Introduction of New Sources of Heat
5.3.3 Application of Internet of Things (IoT) Concept
6. COMPETITIVE LANDSCAPE
6.1 Global Heat Treatment Market: Competitive Landscape
6.1.1 Global Heat Treatment Market by Player Analysis
7. COMPANY PROFILING
7.1 Aalberts
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategy
7.2 Bodycote
7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategy
7.3 Kennametal Inc.
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategy
7.4 Aterian Investment Partners (Bluewater Thermal Solutions)
7.4.1 Business Overview
7.4.2 Business Strategy
LIST OF FIGURES
Figure 1: Stages of Heat Treatment Process
Figure 2: Heat Treatment Industry: Synopsis
Figure 3: Global Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 4: Global Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 5: Global Heat Treatment Market by Region; 2018 (Percentage, %)
Figure 6: Global Heat Treatment Market by Process; 2018 (Percentage, %)
Figure 7: Global Case Hardening Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 8: Global Case Hardening Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 9: Global Other Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 10: Global Other Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 11: Global Heat Treatment Market by Application; 2018 (Percentage, %)
Figure 12: Global Automotive Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 13: Global Automotive Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 14: Global Aerospace Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 15: Global Aerospace Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 16: Global MetalWorking Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 17: Global MetalWorking Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 18: Other Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 19: Other Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 20: North America Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 21: North America Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 22: North America Heat Treatment Market by Region; 2018 (Percentage, %)
Figure 23: The US Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 24: The US Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 25: The US Heat Treatment Market by Application; 2018 (Percentage, %)
Figure 26: The US Aerospace Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 27: The US Aerospace Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 28: The US Automotive Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 29: The US Automotive Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 30: The US Metalworking Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 31: The US Metalworking Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 32: The US Other Industry Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 33: The US Other Industry Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 34: Europe Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 35: Europe Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 36: Asia Pacific Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 37: Asia Pacific Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 38: Central & South America Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 39: Central & South America Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 40: Middle East & Africa Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 41: Middle East & Africa Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 42: Global CNC-Incorporate Machines Market Value; 2018-2023 (US$ Billion)
Figure 43: Total Light Vehicle Production in the World; 2013-2022 (Thousand Units)
Figure 44: Global Crude Steel Production; 2013-2017 (Million Tonnes)
Figure 45: Number of Civil Airforce in the World; 2018-2037
Figure 46: Global Used Machines by Sales Volume; 2017 (Percentage, %)
Figure 47: 3D-Printing Used by Department; 2017-2018 (Percentage, %)
Figure 48: Aalberts Revenue; 2014-2018 (US$ Billion)
Figure 49: Aalberts Revenue by Segment; 2018 (Percentage, %)
Figure 50: Aalberts Revenue by Region; 2018 (Percentage, %)
Figure 51: Bodycote Plc. Revenue; 2014-2018 (US$ Million)
Figure 52: Bodycote Plc. Revenue by Segment; 2018 (Percentage, %)
Figure 53: Bodycote Plc. Revenue by Region; 2018 (Percentage, %)
Figure 54: Kennametal Inc. Sales; 2014-2018 (US$ Billion)
Figure 55: Kennametal Inc. Sales by Segment; 2018 (Percentage, %)
Figure 56: Kennametal Inc. Sales by Region; 2018 (Percentage, %)
Table 1: Global Heat Treatment Market by Player Analysis
Figure 1: Stages of Heat Treatment Process
Figure 2: Heat Treatment Industry: Synopsis
Figure 3: Global Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 4: Global Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 5: Global Heat Treatment Market by Region; 2018 (Percentage, %)
Figure 6: Global Heat Treatment Market by Process; 2018 (Percentage, %)
Figure 7: Global Case Hardening Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 8: Global Case Hardening Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 9: Global Other Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 10: Global Other Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 11: Global Heat Treatment Market by Application; 2018 (Percentage, %)
Figure 12: Global Automotive Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 13: Global Automotive Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 14: Global Aerospace Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 15: Global Aerospace Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 16: Global MetalWorking Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 17: Global MetalWorking Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 18: Other Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 19: Other Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 20: North America Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 21: North America Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 22: North America Heat Treatment Market by Region; 2018 (Percentage, %)
Figure 23: The US Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 24: The US Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 25: The US Heat Treatment Market by Application; 2018 (Percentage, %)
Figure 26: The US Aerospace Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 27: The US Aerospace Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 28: The US Automotive Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 29: The US Automotive Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 30: The US Metalworking Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 31: The US Metalworking Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 32: The US Other Industry Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 33: The US Other Industry Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 34: Europe Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 35: Europe Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 36: Asia Pacific Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 37: Asia Pacific Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 38: Central & South America Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 39: Central & South America Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 40: Middle East & Africa Heat Treatment Market by Value; 2016-2018 (US$ Billion)
Figure 41: Middle East & Africa Heat Treatment Market by Value; 2019-2023 (US$ Billion)
Figure 42: Global CNC-Incorporate Machines Market Value; 2018-2023 (US$ Billion)
Figure 43: Total Light Vehicle Production in the World; 2013-2022 (Thousand Units)
Figure 44: Global Crude Steel Production; 2013-2017 (Million Tonnes)
Figure 45: Number of Civil Airforce in the World; 2018-2037
Figure 46: Global Used Machines by Sales Volume; 2017 (Percentage, %)
Figure 47: 3D-Printing Used by Department; 2017-2018 (Percentage, %)
Figure 48: Aalberts Revenue; 2014-2018 (US$ Billion)
Figure 49: Aalberts Revenue by Segment; 2018 (Percentage, %)
Figure 50: Aalberts Revenue by Region; 2018 (Percentage, %)
Figure 51: Bodycote Plc. Revenue; 2014-2018 (US$ Million)
Figure 52: Bodycote Plc. Revenue by Segment; 2018 (Percentage, %)
Figure 53: Bodycote Plc. Revenue by Region; 2018 (Percentage, %)
Figure 54: Kennametal Inc. Sales; 2014-2018 (US$ Billion)
Figure 55: Kennametal Inc. Sales by Segment; 2018 (Percentage, %)
Figure 56: Kennametal Inc. Sales by Region; 2018 (Percentage, %)
Table 1: Global Heat Treatment Market by Player Analysis