Automotive heat treatment market is anticipated to grow at a significant CAGR of 3.4% during the forecast period. The automotive heat treatment processes are commonly used to improve the microstructure of automotive components, encompass annealing, isothermal annealing, normalizing, spheroidizing, quenching, tempering, austempering, and case hardening. Growing requirements for lightweight and fuel-efficient automobiles motivated the demand for the market. In the automotive sector, the heat-treating method is mainly used in the production of lightweight parts, as heat treatment improves hardness as well as the tensile strength of the metal along with imparting rust resistance to the metal. It also increases the ductile strength, durability, tensile strength, and toughness of steel for the automotive industry. Hence, owing to its wider benefit, coupled with rapidly rising demand of automotive vehicles drives the market growth during the forecast period.
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The global automotive heat treatment market is segmented based on method, material, and application. Based on method, the market is segmented into hardening, tempering, carburizing, nitriding, carbonitriding, and others. Based on material, the market is segmented into mild steel, aluminum, magnesium, low alloy steels. Based on application, the market is sub-segmented into engine and powertrain, wheels and drivetrain, brakes, chassis, suspension, steering, and others. Based on method, the hardening sub-segment is expected to expand at a considerable CAGR during the forecast period. Key factors that are responsible for driving the segment growth include an increase in demand for hardening method in automotive sector, as this method can quickly and selectively harden the surface of metal parts.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Automotive Heat Treatment Market by Method
- Hardening
- Tempering
- Carburizing
- Nitriding
- Carbonitriding
- Others (Annealing, Normalizing)
Global Automotive Heat treatment Market by Material
- Mild Steel
- Aluminum
- Magnesium
- Low Alloy Steels
Global Automotive Heat Treatment Market by Application
- Engine and Powertrain
- Wheels and Drivetrain
- Brakes
- Chassis
- Suspension
- Steering
- Others (Gearwheels/Planetary Gears, Clutch Parts, and Gear Hub)
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Bluewater Thermal Solutions
- Borgwarner
- Eaton Ltd
- Hyundai Steel
- F. Heat Treating Inc.
- JTEKT Thermo Systems Corp.
- Mahle
- Robert Bosch GmbH
- Rubig GmbH & Co KG
- Specialty Steel Treating
- Sun Steel Treating Inc
- Zion Industries, Inc.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global automotive heat treatment market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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