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Heat Treating Market Share

Report ID: GMI4995
Published Date: Aug 2024
Report Format: PDF

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Heat Treating Market Share

In 2023, dominant market players, including Bodycote plc, parker trutec group, thermtech, Bluewater thermal solutions, Paulo and advanced heat treat corp (aht.) The top companies collectively hold a substantial 5-10% market share. These industry leaders are actively engaged in strategic initiatives such as mergers & acquisitions, facility expansions, and partnerships to broaden their product portfolios, reach a wider customer base, and strengthen their market presence. These companies continuously invest in research and development to improve their heat treating and incorporate new technologies, allowing them to stay ahead of the competition.

Heat Treating Market Companies

Major players operating in the heat treating industry include:

Aalberts N.V.
Advanced Heat Treat Corp (AHT)
Aichelin Group
ALD Vacuum Technologies
Bluewater Thermal Solutions
BMI Fours Industrials
Bodycote plc
ECM Technologies
Furnace and Industrial Services BV (FIS)
Harterei Gerster
Heat Treatment Services (HTS)
Huisman Group
Parker Trutec Group
Paulo
ThermTech

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of heat treating was worth more than USD 105.4 billion in 2023 and is anticipated to register over 4% CAGR between 2024 and 2032, due to the increasing demand in automotive sector.

The automotive segment in the heat treating market held 37% share in 2023 and is anticipated to grow at 4.2% CAGR during 2024 to 2032, due to its need for high-performance materials.

North America heat treating market generated USD 31.8 billion in 2023 and is expected to reach USD 45.7 billion by 2032, driven by its advanced manufacturing sector.

Aalberts N.V., Advanced Heat Treat Corp (AHT), Aichelin Group, ALD Vacuum Technologies, Bluewater Thermal Solutions, BMI Fours Industrials, Bodycote plc, ECM Technologies, Furnace and Industrial Services BV (FIS), Heat Treatment Services (HTS) among others.