The India quenched and tempered steel market size is expected to grow at a CAGR of 3.10% between 2025 and 2034. The major market drivers are increasing infrastructural development, growing construction industry, and heightened automotive production.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
3.1%
Value in USD Million
2025-2034
India Quenched and Tempered Steel Market Outlook
*this image is indicative*
Quenched and tempered steel is high-strength steel with high durability, ductility, and toughness that achieves its properties by undergoing processes of quenching and tempering. In quenching, the steel is heated to very high temperatures and subsequently undergoes rapid cooling. Tempering typically takes place after quenching, where the steel is heated for a certain amount of time and then cools off in air.
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The EMR’s report titled “India Quenched and Tempered Steel Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Grade
Market Breakup by Thickness and Width
Market Breakup by Usage
Market Breakup by Application
Market Breakup by Region
Grade 80 is anticipated to account for a significant share of the India quenched and tempered steel market, over the forecast period. This is due to their wide range of applications in storage tanks, excavator and loader buckets, and high-rise buildings and bridges, among others. Meanwhile, grade 400 is projected to witness significant growth in the quenched and tempered steel market in India owing to their increased adoption in automotive industry in gear wheels. Grade 400 quenched and tempered steel is also used in making deflector plates that reduce the reverse torque by improving the coefficient of power.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the India quenched and tempered steel market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
SSAB AB is a steel company that was founded in 1978 and is based in Stockholm, Sweden. They specialise in processing of raw materials to produce steel and aim to create a more sustainable world.
Nippon Steel and Sumitomo Metal Corporation is a steel manufacturing company that was founded in 1950 and is based in Tokyo, Japan. They are focused on steel fabrication and steel making, system solutions, and chemicals, and materials, among others.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other market players include Essar Steel Ltd (Arcelor-Nippon Steel JV), JFE Steel Corporation, ThyssenKrupp AG, Wuhan Iron & Steel Group, Anshan Iron & Steel Group, Jiangsu Shagang Group, Posco, Baosteel Group Co Ltd, Bisalloy Steel Group, and Nanjing Iron & Steel Company Ltd, among others
.
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is expected to grow at a CAGR of 3.10% between 2025 and 2034.
The major market drivers include growing construction industry, increasing infrastructural development, and propelling demand for automotives.
The key trends fuelling the growth of the market include product innovations, technological advancements, and rising demand from solar and wind power plants for building turbines, among other structures.
The major regions in the market are North India, East India, West India, and South India.
The various grades of quenched and tempered steel in the market are grade 80, grade 400, and grade 500, among others.
The primary usages of quenched and tempered steel in India are structural and pressure vessels.
The significant applications of the quenched and tempered steel market in India are automotive, shipbuilding, general engineering and construction, chemical and petrochemical, mining, aerospace, pulp and paper, power plants (thermal and renewable), defence, and nuclear, among others.
The key players in the India quenched and tempered steel market, according to the report, are Essar Steel Ltd (Arcelor-Nippon Steel JV), SSAB AB, JFE Steel Corporation, Nippon Steel and Sumitomo Metal Corporation, ThyssenKrupp AG, Wuhan Iron & Steel Group, Anshan Iron & Steel Group, Jiangsu Shagang Group, Posco, Baosteel Group Co Ltd, Bisalloy Steel Group, and Nanjing Iron & Steel Company Ltd, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Grade |
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| Breakup by Thickness and Width |
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| Breakup by Usage |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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