Base Year
Historical Year
Forecast Year
The India quenched and tempered steel market size is expected to grow at a CAGR of 3.1% between 2024 and 2032. The major market drivers are increasing infrastructural development, growing construction industry, and heightened automotive production.
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.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on grade, the India quenched and tempered steel market is segmented into grade 80, grade 400, and grade 500, among others. On the basis of thickness and width, the market is divided into thickness: 3 mm - 300 mm and width: 1000 mm - 4500 mm. Based on usage, the market is bifurcated into structural and pressure vessels. On the basis of application, the market is segregated into automotive, shipbuilding, general engineering and construction, chemical and petrochemical, mining, aerospace, pulp and paper, power plants (thermal and renewable), defence, and nuclear, among others. Based on region, the market is divided into North India, East India, West India, and South India.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
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.
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.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
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.
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
.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Grade |
|
| Breakup by Thickness and Width |
|
| Breakup by Usage |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*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.*
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
The market is expected to grow at a CAGR of 3.1% between 2024 and 2032.
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.
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Pricing Plans
Purchase Full Report
Datasheet
Single User License
One User
Five User License
Five Users
Corporate License
Unlimited Users
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Subscribe to our Newsletter
By subscribing you agree to with our privacy policy and provide
consent to
receive
updates
from our company.
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
