North America Heat Treating Market Size & Outlook

The heat treating market in North America is expected to reach a projected revenue of US$ 32,972.0 million by 2030. A compound annual growth rate of 3% is expected of North America heat treating market from 2024 to 2030.
Revenue, 2023 (US$M)
$26,885.8
Forecast, 2030 (US$M)
$32,972.0
CAGR, 2024 - 2030
3%
Report Coverage
North America

North America heat treating market highlights

  • The North America heat treating market generated a revenue of USD 26,885.8 million in 2023.
  • The market is expected to grow at a CAGR of 3% from 2024 to 2030.
  • In terms of segment, steel was the largest revenue generating material in 2023.
  • Other material is the most lucrative material segment registering the fastest growth during the forecast period.
  • Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.


North America data book summary

Market revenue in 2023USD 26,885.8 million
Market revenue in 2030USD 32,972.0 million
Growth rate3% (CAGR from 2023 to 2030)
Largest segmentSteel
Fastest growing segmentOther material
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSteel, Cast iron, Other material
Key market players worldwideAterian Inc, American Metal & Technology Inc, Alpha Metallurgical Resources Inc, East-Lind Heat Treat, Nabertherm, Unitherm Engineers, SECO


Other key industry trends

  • In terms of revenue, North America region accounted for 25.1% of the global heat treating market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 56,202.3 million by 2030.

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Heat Treating Market Companies

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North America 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 79.69% in 2023. Horizon Databook has segmented the North America heat treating market based on steel, cast iron, other material covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the North America heat treating market , including forecasts for subscribers. This continent databook contains high-level insights into North America heat treating market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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North America heat treating market size, by country, 2018-2030 (US$M)

North America Heat Treating Market Outlook Share, 2023 & 2030 (US$M)

North America heat treating market size, by country, 2018-2030 (US$M)

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