Business

Global Heat Treated Steel Plates Market May Set New Growth Story, Future Trends, Forecast to 2027

Posted on by Priyanka Parmar

The global heat treated steel sheet market is expected to register a CAGR of over 3% during the forecast period (2021-2027).

The market has been significantly impacted by COVID-19 in 2020. Several countries have been shut down due to pandemic scenarios, causing manufacturing facilities in virtually every industry worldwide to be closed for specified times. The cessation of industrial production affected metal production, especially steel production. The building and construction industry also experienced a temporary downturn in several countries around the world, during which most construction projects were suspended for specified times.

A full report of Heat Treated Steel Plates Market available at: https://www.orionmarketreports.com/heat-treated-steel-plates-market/37116/

Heat Treated Steel Plates Market Segmentation

By Steel Type:

• Carbon steel
• Alloy steel
• Stainless steel

By Treatment:

• Quenching & tempering
• Normalizing
• Spheroidizing
• Stress relieving

By Application:

• Construction
• Industrial machinery
• Automotive & defense vehicles
• Shipbuilding
• Energy & power

Major Players

• POSCO
• Nippon Steel Corporation
• Tata Steel
• JFE Steel Corporation
• ThyssenKrupp Steel Europe

(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)

Priyanka Parmar

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