Created by Pallavi Agrawal
about 4 years ago
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Heat treatment process improves the formability and machinability of the steel plates, which exhibit high strength and retain some degree of ductility. Based on the desired application, various product such as high-tensile strength steel plates, steel plates for low temperature service, atmospheric corrosion resistant steel plates, abrasion resistant steel plates, and corrosion resistant steel plates are manufactured. These products are largely used in the construction of buildings, bridges, hydropower stations, and offshore structures. Global Heat-Treated Steel Plates Market has been classified on the basis of type, treatment process, application, end-use industry, and region. By type, the Global Heat-Treated Steel Plates Market has been segmented into carbon, alloy, stainless steel, and clad steel plates. The carbon steel segment is expected to be the leading type segment of this market owing to its high strength and widespread use in the construction sector and manufacturing of machine components. It is used to manufacture braces and brackets, which are used in construction applications. In addition, carbon steel plates are used in manufacturing gears, screws, bolts, and other components that are subjected to high wear during the machine operations. Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa are the five key regions studied for the global Heat-Treated Steel Plates market. In 2017, Asia-Pacific accounted for the largest share of the global Heat-Treated Steel Plates market. This can be attributed to the rising urbanization and increasing consumption of heat–treated steel plates in the building and construction industries. North America and Europe are the other significant regional markets for Heat-Treated Steel Plates. Increasing constructions of the offshore structures in North America is expected to fuel demand for the product and boost market growth in the years to follow. Key Players JFE Holdings Inc (Japan), ArcelorMittal (Luxembourg), Essar Steel (India) , NLMK Group (Russia), thyssenkrupp AG (Germany), Nippon Steel & Sumitomo Metal Corporation (Japan), POSCO (South Korea), Tata Steel (India), Baosteel Group Hu (China), SAIL (India), SHAGANG GROUP Inc (China), VÍTKOVICE STEEL a.s. (Czech Republic), Outokumpu (Finland), and Meusburger Georg GmbH & Co KG (Austria), among others are some of the key players in the Global Heat-treated Steel Plates Market. Access Full Report Details and Order this Premium Report @ https://www.marketresearchfuture.com/reports/heat-treated-steel-plates-market-6990 NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
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