Business

Heat Treating Market to Grow at a Healthy CAGR

Heat Treating size and research report

The global Heat Treating market depicts the presence of a highly fragmented structure, says Researchvector on the basis of a newly published report. This is mainly due to a low entry barrier present in the market that has made it possible for innumerable players to progress in this sector. Bluewater Thermal Solutions, Bohler Uddeholm, American Metal Treating Inc., Solar Atmosphere Inc., Ajax Tocco International Ltd. are some of the key players operating in the global Heat Treating market. Most companies are prophesied to compete with each other on the basis of bringing forth product innovations and technological advancements for product manufacturing during the next few years. Participating in mergers & acquisitions, and strategic partnerships are also on their focus for strengthening of their businesses, states the research report.

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As per expert analysts, the global Heat Treating market gained revenue worth US$0.XX bn in 2016, which is further expected to rise up to US$X.XX bn by the end of 2024. This growth is anticipated to occur at a splendid CAGR of 10.40% during the forecast period ranging from 2015 to 2024.

Geography-wise, the global surface disinfectant market is spread across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Of these, a prominent position is held by Asia Pacific, thanks to the presence of numerous renowned product manufacturers. A rising disposable income of consumers, increasing implementation of cleanliness and hygiene regulations by state authorities too is boosting growth of the global surface disinfectant market in Asia Pacific. This growth is prophesied to rise at a CAGR of 11.30% during the forecast period.

Among other regional markets, the Middle East and Africa is also projected to report a high growth rate in the near future followed closely by Latin America. However, North America and Europe are anticipated to demonstrate a substantially slow growth rate over the next few years, owing to reliance from consumers for various other alternatives.

Key segments of the global surface disinfectant market:

Key PlayersType
Application
Region
Bluewater Thermal Solutions, Bohler Uddeholm, American Metal Treating Inc., Solar Atmosphere Inc., Ajax Tocco International Ltd., Bodycote Heat Treatments Ltd., East-Lind Heat Treat Inc., General Metal Heat Treating, Inc., Shanghai Heat Treatment Co. Ltd., Pacific Metallurgical, Inc., Nabertherm GmbH, Unitherm Engineers Limited, Triad Engineers, SECO/WARWICK Allied Pvt. Ltd.
  • Hardening & tempering
  • Case hardening
  • Annealing
  • Normalizing
  • Others

  • Automotive
  • Aerospace
  • Metalworking
  • Machine
  • Construction
  • Others

United States, Europe, China, Japan, Southeast Asia, India

Study Objectives of Heat Treating Market:

  • To study and forecast the market size of Heat Treating in global market.
  • To analyze the global key players, SWOT analysis, value and global market share for top players.
  • To define, describe and forecast the market by type, end use and region.
  • To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
  • To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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