Global Heat Treating Market Size & Outlook, 2025-2033
Global heat treating market, 2021-2033 (US$M)
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Global heat treating market highlights
- The global heat treating market generated a revenue of USD 110,677.8 million in 2024 and is expected to reach USD 152,508.9 million by 2033.
- The market is expected to grow at a CAGR (2025 - 2033) of 3.6% by 2033.
- In terms of segment, steel accounted for a revenue of USD 88,484.5 million in 2024.
- Other material is the most lucrative material segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2033.
Global data book summary
| Market revenue in 2024 | USD 110,677.8 million |
| Market revenue in 2033 | USD 152,508.9 million |
| Growth rate | 3.6% (CAGR from 2025 to 2033) |
| Largest segment | Steel |
| Fastest growing segment | Other material |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Steel, Cast iron, Other material |
Other key industry trends
- In terms of revenue, the North America accounted for 25.0% of the global heat treating market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2033.
- By country, India is the fastest growing regional market and is projected to reach USD 8,012.8 million by 2033.
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Heat Treating Market Scope
Heat Treating Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| SECO | View profile | 501-1000 | Arezzo, Toscana, Italy, Europe | https://www.seco.com/it |
| Unitherm Engineers | View profile | 101-250 | Mumbai, Maharashtra, India, Asia | https://www.unithermfurnaces.com/ |
| Nabertherm | View profile | 251-500 | Lilienthal, Niedersachsen, Germany, Europe | https://nabertherm.com |
| East-Lind Heat Treat | View profile | 11-50 | Madison Heights, Michigan, United States, North America | https://www.eastlind.com |
| Alpha Metallurgical Resources Inc | View profile | 4210 | 340 Martin Luther King Jr. Boulevard, Bristol, TN, United States, 37620 | https://www.alphametresources.com |
| American Metal & Technology Inc | View profile | 327 | No. 11 Shi Xing Street, Badachu Hi-Tech Zone, Shijingshan District, Beijing, China, People's Republic of, 100041 | http://www.amtg-usa.com |
| Aterian Inc | View profile | 114 | 350 Springfield Avenue, Suite 200, Summit, NJ, United States, 07901 | https://www.aterian.io |
Global heat treating market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to heat treating market will help companies and investors design strategic landscapes.
Steel was the largest segment with a revenue share of 79.95% in 2024. Horizon Databook has segmented the Global heat treating market based on steel, cast iron, other material covering the revenue growth of each sub-segment from 2021 to 2033.
- Global Heat Treating Material Outlook (Revenue, USD Million, 2021-2033)
- Steel
- Cast iron
- Other material
- Global Heat Treating Process Outlook (Revenue, USD Million, 2021-2033)
- Case hardening
- Hardening & Tempering
- Annealing
- Normalizing
- Other process
- Global Heat Treating Equipment Outlook (Revenue, USD Million, 2021-2033)
- Electrically Heated Furnace
- Fuel-fired Furnace
- Other Equipment
- Global Heat Treating Application Outlook (Revenue, USD Million, 2021-2033)
- Automotive
- Machine
- Construction
- Aerospace
- Metalworking
- Other Application
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Horizon Databook provides a detailed overview of global-level data and insights on the Global heat treating market , including forecasts for subscribers. This global databook contains high-level insights into Global heat treating market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
Global heat treating market size, by regions, 2021-2033 (US$M)
Top 10 countries: Heat treating market size, 2024 (US$M)
Global heat treating market share, by material, 2024 & 2033 (%, US$M)
Heat treating market: Opportunity assessment by country
Global heat treating market, by region, 2024 (US$M)
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