Wear Resistant Steel Industry Research Report 2023
Report ID
34826
Publisher
APO Research
Published Date
11-Aug
Delivery Format
PDF
No of Report Page
100
Editor's Rating
US $2,950.00
US $4,425.00
US $5,900.00
  • Report Details 
    Wear Resistant Steel are carbon steels used in high abrasion environments, such as in mining equipment, shredders or dumper bodies. Their abrasion resistance is typically measured in terms of indentation hardness.
Highlights 
The global Wear Resistant Steel market is projected to reach US$ million by 2028 from an estimated US$ million in 2022, at a CAGR of % during 2024 and 2029.
Global key players of Wear Resistant Steel include SSAB, JFE, ThyssenKrupp, Dillinger, ESSAR Steel Algoma and NSSMC, etc. Top three players occupy for a share about 53%. Americas is the largest market, with a share about 36%, followed by Europe and Asia-Pacific. In terms of product, Brinell Hardness 500 HB is the largest segment, with a share over 29%. In terms of application, Mining Equipment Industry is the largest market, with a share over 57%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Wear Resistant Steel, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wear Resistant Steel.
The Wear Resistant Steel market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Wear Resistant Steel market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Wear Resistant Steel manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.
Key Companies & Market Share Insights
In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2017-2022. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
    SSAB
    JFE
    ThyssenKrupp
    Dillinger
    Bisalloy
    ESSAR Steel Algoma
    ArcelorMittal
    NSSMC
    NLMK Clabecq
    Bisalloy Jigang
    NanoSteel
    Baowu Group
    WUYANG Steel
    ANSTEEL
    TISCO
    Acroni
    Salzgitter
Product Type Insights
Global markets are presented by Wear Resistant Steel brinell hardness, along with growth forecasts through 2029. Estimates on production and value are based on the price in the supply chain at which the Wear Resistant Steel are procured by the manufacturers.
This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows production and revenue data by type, and during the historical period (2018-2023) and forecast period (2024-2029).
Wear Resistant Steel segment by Brinell Hardness
    Under HBW 400
    400 HB
    450 HB
    500 HB
    Above HBW 500
Application Insights
This report has provided the market size (production and revenue data) by application, during the historical period (2018-2023) and forecast period (2024-2029).
This report also outlines the market trends of each segment and consumer behaviors impacting the Wear Resistant Steel market and what implications these may have on the industry's future. This report can help to understand the relevant market and consumer trends that are driving the Wear Resistant Steel market.
Wear Resistant Steel segment by Application
    Construction Industry
    Mining Equipment Industry
    Power Plants
    Other
Regional Outlook
This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue and sales data of each region and country for the period 2018-2029.
The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2022 because of the base year, with estimates for 2023 and forecast value for 2029.
    North America
        United States
        Canada
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
    Asia-Pacific
        China
        Japan
        South Korea
        India
        Australia
        China Taiwan
        Indonesia
        Thailand
        Malaysia
    Latin America
        Mexico
        Brazil
        Argentina
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
COVID-19 and Russia-Ukraine War Influence Analysis
The readers in the section will understand how the Wear Resistant Steel market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.
Reasons to Buy This Report
This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Wear Resistant Steel market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
This report will help stakeholders to understand the global industry status and trends of Wear Resistant Steel and provides them with information on key market drivers, restraints, challenges, and opportunities.
This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
This report stays updated with novel technology integration, features, and the latest developments in the market
This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Wear Resistant Steel industry.
This report helps stakeholders to gain insights into which regions to target globally
This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Wear Resistant Steel.
This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Core Chapters
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on.  It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Wear Resistant Steel manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Wear Resistant Steel by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Wear Resistant Steel in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development,  future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by brinell hardness, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market,  the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
Frequently Asked Questions
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  • Table Of Content 
    1 Preface
    1.1 Scope of Report
    1.2 Reasons for Doing This Study
    1.3 Research Methodology
    1.4 Research Process
    1.5 Data Source
        1.5.1 Secondary Sources
        1.5.2 Primary Sources
2 Market Overview
    2.1 Product Definition
    2.2 Wear Resistant Steel  by Brinell Hardness
        2.2.1 Market Value Comparison by Brinell Hardness  (2018 VS 2022 VS 2029) & (US$ Million)
        1.2.2 Under HBW 400
        1.2.3 400 HB
        1.2.4 450 HB
        1.2.5 500 HB
        1.2.6 Above HBW 500
    2.3 Wear Resistant Steel  by Application
        2.3.1 Market Value Comparison by Application (2018 VS 2022 VS 2029) & (US$ Million)
        2.3.2 Construction Industry
        2.3.3 Mining Equipment Industry
        2.3.4 Power Plants
        2.3.5 Other
    2.4 Global Market Growth Prospects
        2.4.1 Global Wear Resistant Steel Production Value Estimates and Forecasts (2018-2029)
        2.4.2 Global Wear Resistant Steel Production Capacity Estimates and Forecasts (2018-2029)
        2.4.3 Global Wear Resistant Steel Production Estimates and Forecasts (2018-2029)
        2.4.4 Global Wear Resistant Steel Market Average Price (2018-2029)
3 Market Competitive Landscape by Manufacturers
    3.1 Global Wear Resistant Steel Production by Manufacturers (2018-2023)
    3.2 Global Wear Resistant Steel Production Value by Manufacturers (2018-2023)
    3.3 Global Wear Resistant Steel Average Price by Manufacturers (2018-2023)
    3.4 Global Wear Resistant Steel Industry Manufacturers Ranking, 2021 VS 2022 VS 2023
    3.5 Global Wear Resistant Steel Key Manufacturers, Manufacturing Sites & Headquarters
    3.6 Global Wear Resistant Steel Manufacturers, Product Type & Application
    3.7 Global Wear Resistant Steel Manufacturers, Date of Enter into This Industry
    3.8 Global Wear Resistant Steel Market CR5 and HHI
    3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
    4.1 SSAB
        4.1.1 SSAB Wear Resistant Steel Company Information
        4.1.2 SSAB Wear Resistant Steel Business Overview
        4.1.3 SSAB Wear Resistant Steel Production Capacity, Value and Gross Margin (2018-2023)
        4.1.4 SSAB Product Portfolio
        4.1.5 SSAB Recent Developments
    4.2 JFE
        4.2.1 JFE Wear Resistant Steel Company Information
        4.2.2 JFE Wear Resistant Steel Business Overview
        4.2.3 JFE Wear Resistant Steel Production Capacity, Value and Gross Margin (2018-2023)
        4.2.4 JFE Product Portfolio
        4.2.5 JFE Recent Developments
    4.3 ThyssenKrupp
        4.3.1 ThyssenKrupp Wear Resistant Steel Company Information
        4.3.2 ThyssenKrupp Wear Resistant Steel Business Overview
        4.3.3 ThyssenKrupp Wear Resistant Steel Production Capacity, Value and Gross Margin (2018-2023)
        4.3.4 ThyssenKrupp Product Portfolio
        4.3.5 ThyssenKrupp Recent Developments
    4.4 Dillinger
        4.4.1 Dillinger Wear Resistant Steel Company Information
        4.4.2 Dillinger Wear Resistant Steel Business Overview
        4.4.3 Dillinger Wear Resistant Steel Production Capacity, Value and Gross Margin (2018-2023)
        4.4.4 Dillinger Product Portfolio
        4.4.5 Dillinger Recent Developments
    4.5 Bisalloy
        4.5.1 Bisalloy Wear Resistant Steel Company Information
        4.5.2 Bisalloy Wear Resistant Steel Business Overview
        4.5.3 Bisalloy Wear Resistant Steel Production Capacity, Value and Gross Margin (2018-2023)
        4.5.4 Bisalloy Product Portfolio
        4.5.5 Bisalloy Recent Developments
    4.6 ESSAR Steel Algoma
        4.6.1 ESSAR Steel Algoma Wear Resistant Steel Company Information
        4.6.2 ESSAR Steel Algoma Wear Resistant Steel Business Overview
        4.6.3 ESSAR Steel Algoma Wear Resistant Steel Production Capacity, Value and Gross Margin (2018-2023)
        4.6.4 ESSAR Steel Algoma Product Portfolio
        4.6.5 ESSAR Steel Algoma Recent Developments
    4.7 ArcelorMittal
        4.7.1 ArcelorMittal Wear Resistant Steel Company Information
        4.7.2 ArcelorMittal Wear Resistant Steel Business Overview
        4.7.3 ArcelorMittal Wear Resistant Steel Production Capacity, Value and Gross Margin (2018-2023)
        4.7.4 ArcelorMittal Product Portfolio
        4.7.5 ArcelorMittal Recent Developments
    4.8 NSSMC
        4.8.1 NSSMC Wear Resistant Steel Company Information
        4.8.2 NSSMC Wear Resistant Steel Business Overview
        4.8.3 NSSMC Wear Resistant Steel Production Capacity, Value and Gross Margin (2018-2023)
        4.8.4 NSSMC Product Portfolio
        4.8.5 NSSMC Recent Developments
    4.9 NLMK Clabecq
        4.9.1 NLMK Clabecq Wear Resistant Steel Company Information
        4.9.2 NLMK Clabecq Wear Resistant Steel Business Overview
        4.9.3 NLMK Clabecq Wear Resistant Steel Production Capacity, Value and Gross Margin (2018-2023)
        4.9.4 NLMK Clabecq Product Portfolio
        4.9.5 NLMK Clabecq Recent Developments
    4.10 Bisalloy Jigang
        4.10.1 Bisalloy Jigang Wear Resistant Steel Company Information
        4.10.2 Bisalloy Jigang Wear Resistant Steel Business Overview
        4.10.3 Bisalloy Jigang Wear Resistant Steel Production Capacity, Value and Gross Margin (2018-2023)
        4.10.4 Bisalloy Jigang Product Portfolio
        4.10.5 Bisalloy Jigang Recent Developments
    7.11 NanoSteel
        7.11.1 NanoSteel Wear Resistant Steel Company Information
        7.11.2 NanoSteel Wear Resistant Steel Business Overview
        4.11.3 NanoSteel Wear Resistant Steel Production Capacity, Value and Gross Margin (2018-2023)
        7.11.4 NanoSteel Product Portfolio
        7.11.5 NanoSteel Recent Developments
    7.12 Baowu Group
        7.12.1 Baowu Group Wear Resistant Steel Company Information
        7.12.2 Baowu Group Wear Resistant Steel Business Overview
        7.12.3 Baowu Group Wear Resistant Steel Production Capacity, Value and Gross Margin (2018-2023)
        7.12.4 Baowu Group Product Portfolio
        7.12.5 Baowu Group Recent Developments
    7.13 WUYANG Steel
        7.13.1 WUYANG Steel Wear Resistant Steel Company Information
        7.13.2 WUYANG Steel Wear Resistant Steel Business Overview
        7.13.3 WUYANG Steel Wear Resistant Steel Production Capacity, Value and Gross Margin (2018-2023)
        7.13.4 WUYANG Steel Product Portfolio
        7.13.5 WUYANG Steel Recent Developments
    7.14 ANSTEEL
        7.14.1 ANSTEEL Wear Resistant Steel Company Information
        7.14.2 ANSTEEL Wear Resistant Steel Business Overview
        7.14.3 ANSTEEL Wear Resistant Steel Production Capacity, Value and Gross Margin (2018-2023)
        7.14.4 ANSTEEL Product Portfolio
        7.14.5 ANSTEEL Recent Developments
    7.15 TISCO
        7.15.1 TISCO Wear Resistant Steel Company Information
        7.15.2 TISCO Wear Resistant Steel Business Overview
        7.15.3 TISCO Wear Resistant Steel Production Capacity, Value and Gross Margin (2018-2023)
        7.15.4 TISCO Product Portfolio
        7.15.5 TISCO Recent Developments
    7.16 Acroni
        7.16.1 Acroni Wear Resistant Steel Company Information
        7.16.2 Acroni Wear Resistant Steel Business Overview
        7.16.3 Acroni Wear Resistant Steel Production Capacity, Value and Gross Margin (2018-2023)
        7.16.4 Acroni Product Portfolio
        7.16.5 Acroni Recent Developments
    7.17 Salzgitter
        7.17.1 Salzgitter Wear Resistant Steel Company Information
        7.17.2 Salzgitter Wear Resistant Steel Business Overview
        7.17.3 Salzgitter Wear Resistant Steel Production Capacity, Value and Gross Margin (2018-2023)
        7.17.4 Salzgitter Product Portfolio
        7.17.5 Salzgitter Recent Developments
5 Global Wear Resistant Steel Production by Region
    5.1 Global Wear Resistant Steel Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
    5.2 Global Wear Resistant Steel Production by Region: 2018-2029
        5.2.1 Global Wear Resistant Steel Production by Region: 2018-2023
        5.2.2 Global Wear Resistant Steel Production Forecast by Region (2024-2029)
    5.3 Global Wear Resistant Steel Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
    5.4 Global Wear Resistant Steel Production Value by Region: 2018-2029
        5.4.1 Global Wear Resistant Steel Production Value by Region: 2018-2023
        5.4.2 Global Wear Resistant Steel Production Value Forecast by Region (2024-2029)
    5.5 Global Wear Resistant Steel Market Price Analysis by Region (2018-2023)
    5.6 Global Wear Resistant Steel Production and Value, YOY Growth
        5.6.1 North America Wear Resistant Steel Production Value Estimates and Forecasts (2018-2029)
        5.6.2 Europe Wear Resistant Steel Production Value Estimates and Forecasts (2018-2029)
        5.6.3 China Wear Resistant Steel Production Value Estimates and Forecasts (2018-2029)
        5.6.4 Japan Wear Resistant Steel Production Value Estimates and Forecasts (2018-2029)
6 Global Wear Resistant Steel Consumption by Region
    6.1 Global Wear Resistant Steel Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
    6.2 Global Wear Resistant Steel Consumption by Region (2018-2029)
        6.2.1 Global Wear Resistant Steel Consumption by Region: 2018-2029
        6.2.2 Global Wear Resistant Steel Forecasted Consumption by Region (2024-2029)
    6.3 North America
        6.3.1 North America Wear Resistant Steel Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
        6.3.2 North America Wear Resistant Steel Consumption by Country (2018-2029)
        6.3.3 United States
        6.3.4 Canada
    6.4 Europe
        6.4.1 Europe Wear Resistant Steel Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
        6.4.2 Europe Wear Resistant Steel Consumption by Country (2018-2029)
        6.4.3 Germany
        6.4.4 France
        6.4.5 U.K.
        6.4.6 Italy
        6.4.7 Russia
    6.5 Asia Pacific
        6.5.1 Asia Pacific Wear Resistant Steel Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
        6.5.2 Asia Pacific Wear Resistant Steel Consumption by Country (2018-2029)
        6.5.3 China
        6.5.4 Japan
        6.5.5 South Korea
        6.5.6 China Taiwan
        6.5.7 Southeast Asia
        6.5.8 India
        6.5.9 Australia
    6.6 Latin America, Middle East & Africa
        6.6.1 Latin America, Middle East & Africa Wear Resistant Steel Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
        6.6.2 Latin America, Middle East & Africa Wear Resistant Steel Consumption by Country (2018-2029)
        6.6.3 Mexico
        6.6.4 Brazil
        6.6.5 Turkey
        6.6.5 GCC Countries
7 Segment by Brinell Hardness
    7.1 Global Wear Resistant Steel Production by Brinell Hardness (2018-2029)
        7.1.1 Global Wear Resistant Steel Production by Brinell Hardness (2018-2029) & (K MT)
        7.1.2 Global Wear Resistant Steel Production Market Share by Brinell Hardness (2018-2029)
    7.2 Global Wear Resistant Steel Production Value by Brinell Hardness (2018-2029)
        7.2.1 Global Wear Resistant Steel Production Value by Brinell Hardness (2018-2029) & (US$ Million)
        7.2.2 Global Wear Resistant Steel Production Value Market Share by Brinell Hardness (2018-2029)
    7.3 Global Wear Resistant Steel Price by Brinell Hardness (2018-2029)
8 Segment by Application
    8.1 Global Wear Resistant Steel Production by Application (2018-2029)
        8.1.1 Global Wear Resistant Steel Production by Application (2018-2029) & (K MT)
        8.1.2 Global Wear Resistant Steel Production by Application (2018-2029) & (K MT)
    8.2 Global Wear Resistant Steel Production Value by Application (2018-2029)
        8.2.1 Global Wear Resistant Steel Production Value by Application (2018-2029) & (US$ Million)
        8.2.2 Global Wear Resistant Steel Production Value Market Share by Application (2018-2029)
    8.3 Global Wear Resistant Steel Price by Application (2018-2029)
9 Value Chain and Sales Channels Analysis of the Market
    9.1 Wear Resistant Steel Value Chain Analysis
        9.1.1 Wear Resistant Steel Key Raw Materials
        9.1.2 Raw Materials Key Suppliers
        9.1.3 Wear Resistant Steel Production Mode & Process
    9.2 Wear Resistant Steel Sales Channels Analysis
        9.2.1 Direct Comparison with Distribution Share
        9.2.2 Wear Resistant Steel Distributors
        9.2.3 Wear Resistant Steel Customers
10 Global Wear Resistant Steel Analyzing Market Dynamics
    10.1 Wear Resistant Steel Industry Trends
    10.2 Wear Resistant Steel Industry Drivers
    10.3 Wear Resistant Steel Industry Opportunities and Challenges
    10.4 Wear Resistant Steel Industry Restraints
11 Report Conclusion
12 Disclaimer
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