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Global Metal Heat Treatment Market Will Hit At CAGR Of 5.77% During Years 2017-2021

Press Release   •   Aug 02, 2017 05:55 EDT

Latest industry research report on: Global Metal Heat Treatment Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts

Metal heat treatment is a process that is used for changing the physical and chemical properties of metal to attain the desired engineered requirements. The process involves heating of metals in a furnace to change their metallurgical properties. Furnaces heat the metals up to 2,000-2,700C following which the metals are subjected to different processes such as annealing, hardening, brazing, quenching, and carburizing. In the metal heat treatment process, the absence of air as well as other gases in the furnace averts heat transfer through convection, resulting in zero possibility of contamination.

Technavios analysts forecast the global metal heat treatment market to grow at a CAGR of 5.77% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the global metal heat treatment market for 2017-2021. To calculate the market size, the report considers new installations, shipments, sales, volume, and value.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

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Technavio's report, Global Metal Heat Treatment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • Bluewater Thermal Solutions
  • General Metal Heat Treating
  • Keith
  • Thermex Metal Treating

Other prominent vendors

  • American Metal Treating (AMT)
  • East-Lind Heat Treat
  • Engineered Heat Treat
  • Houston Heat Treat
  • Pacific Metallurgical
  • Paulo
  • Tri-J Heat Treating

Market driver

Surge in automotive industry demand

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Market challenge

Lack of continuous support and maintenance

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Market trend

Lightweight materials used for automobile manufacturing

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Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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