The Heat Treating Global Market Report 2023, provides comprehensive information on the heat treating market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Heat Treating Global Market Report 2023, the global heat treating market size is expected to grow from $98.73 billion in 2022 to $104.29 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the heat treating market is expected to grow to $123.20 billion in 2027 at a CAGR of 4.3%.
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The heat treating market is segmented:
1) By Material: Steel, Cast Iron, Other Material Types
2) By Equipment: Electrically Heated Furnace, Fuel-Fired Furnace, Other Equipment
3) By Process: Carburizing, Nitriding, Hardening, Tempering, Normalizing, Annealing, Other Processes
4) By End-Users: Automotive, Aerospace, Machinery, Construction, Metals, Other End-Users
Asia-Pacific was the largest region in the heat treating market in 2022.
The table of contents in TBRC’s heat treating market report includes:
1. Executive Summary
2. Heat Treating Market Characteristics
3. Heat Treating Market Trends And Strategies
4. Heat Treating Market - Macro Economic Scenario
5. Heat Treating Market Size And Growth
…..
26. Africa Heat Treating Market
27. Heat Treating Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Heat Treating Market
29. Heat Treating Market Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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