Reports
Metal Heat Treatment Market - Introduction
Metal heat treatment refers to a process of altering the physical and chemical properties of metals through different operations such as heating, holding, and cooling of metal in the solid state in order to obtain a particular desirable metallurgical properties. Rising demand from end-use industries is a key factor driving the demand for metal heat treatment process and services. Manufacturing industries are integrating these processes with their existing production lines in order to enhance the overall efficiency of final production. The automotive industry is a major end-user of metal heat treatment services and equipment. The metal heat treatment process is employed to achieve metal surface hardening, improve cutting properties of tool steels, obtain fine grain size, increase ductility and softness, and improve electrical and magnetic properties.
Metal Heat Treatment Market – Competitive Landscape
Bluewater Thermal Solutions
Founded in 1996, Bluewater Thermal Solutions presently is based in Greenville, South Carolina, U.S. It has manufacturing facilities in Texas, Michigan, Illinois, Indiana, and Pennsylvania; U.S., and Canada. The company operates a network of steel heat treatment and brazing plants. Bluewater Thermal Solutions is a leading player in the field of commercial thermal solutions. It provides thermal processing and metal joining services; and processes components that comply with stringent engineering specifications. The company caters to various manufacturing industries based in North America including aerospace, automotive, construction, energy, heavy equipment, agriculture equipment, and medical.
Bohler Uddeholm
Incorporated in 1991, Bohler Uddeholm is based in Vienna, Austria. The company specializes in the production of tool steel and special forgings. The company has production sites in Austria, Turkey, China, Germany, Brazil, Belgium, Sweden, U.S., and Mexico. As of 2008, Bohler Uddeholm was a wholly owned subsidiary of voestalpine. The company caters to diverse sectors including automotive, aerospace & power generation. It also offers high performance metals, tool steel and high speed steel, long products, tubes & pipings, additive manufacturing, and precision strips.
American Metal Treating Inc.
Established in 1976, American Metal Treating Inc. is presently based in High Point, North Carolina, U.S. The company serve as a metallurgical processing supplier of high-quality, high-value products. It specializes in full range of commercial heat treater and heat treatment of all types of gears.
Solar Atmosphere Inc.
Incorporated in 1983, Solar Atmosphere Inc. is based in Souderton, Pennsylvania, U.S. The company provides commercial vacuum heat treating services. It caters to over 18 industries including medical, aerospace, defense, and power generation. The company engages in vacuum heat treating, vacuum nitriding, vacuum carburizing, vacuum brazing, process research & development, age hardening, metal stress relieving, annealing, and hardening and tempering.
Ajax Tocco International Ltd.
Established in 1992, Ajax Tocco International Ltd. is located in Birmingham, U.K. The company engages in the manufacture of induction heating and melting equipment for mass heating and heat treatment. It operates as a subsidiary of Ajax TOCCO Magnethermic Corporation.
Other prominent players operating in the metal heat treatment market include Bodycote Heat Treatments Ltd., Engineered Heat Treat, Inc., East-Lind Heat Treat, Inc., Houston Heat Treat, Thermex Metal Treating Ltd., and Tri-J Heat Treating Company, Inc.
Metal Heat Treatment Market – Dynamics
Integration of metal heat treatment process and services in automotive and aerospace industries
Automotive and aerospace industries play a pivotal role in driving the demand for metal heat treatment across all regions. Various components and parts of an automobile undergo significant stress and require high durability. Automotive components such as camshafts, drive shafts, crankshafts, panels, steering knuckles, brake pad liner plates, fasteners, valves, rods and arms, oil pump gears, and A/T gears undergo heat treatment. Moreover, demand for heat treating services is rising in the aerospace industry owing to rapid increase in demand for commercial vehicles and rising air passenger traffic has augmented the market. Thus, increasing demand for metal heat treatment process and services from automotive and aerospace sectors is anticipated to drive the market during the forecast period.
Rising demand from developing countries
Developing countries such as China, India, and Brazil are expected to be highly lucrative markets, owing to the robust demand for metal heat treatment equipment and services in these countries. Furthermore, these emerging economies are anticipated to expand at an impressive CAGR, owing to rapid technological advancements. Increasing demand for heat treatment of components from the automotive industry in China and India is likely to boost the metal heat treatment market in the near future.
Metal Heat Treatment Market – Segmentation
The global metal heat treatment market can be segmented based on:
Metal Heat Treatment Market Segmentation – By Material Type
Based on material type, the metal heat treatment market can be classified into:
Metal Heat Treatment Market Segmentation – By Process Type
Based on process type, the metal heat treatment market can be divided into:
Metal Heat Treatment Market Segmentation – By Equipment Type
In terms of equipment type, the metal heat treatment market can be split into:
Metal Heat Treatment Market Segmentation – By Application
Based on application, the metal heat treatment market can be segregated into:
The report on metal heat treatment market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The metal heat treatment market report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The metal heat treatment market report also maps the qualitative impact of various market factors on metal heat treatment market segments and geographies.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
The regional analysis covers:
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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