Report overview
Maraging steel is 18% nickel, cobalt strengthened steel (C-type) with excellent properties, workability and heat treatment characteristics. Maraging is double vacuum melted by VIM (Vacuum Induction Melt) followed by VAR (Vacuum Arc Remelt). Maraging material is supplied in the annealed and descaled condition. The alloy is very tough, relatively soft (RC 30/35), readily machined or formed. Maraging provides a high value for critical parts in aerospace, structural, component and tooling Application.
This report aims to provide a comprehensive presentation of the global market for Maraging 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 Maraging Steel. This report contains market size and forecasts of Maraging Steel in global, including the following market information:
Global Maraging Steel Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Maraging Steel Market Sales, 2018-2023, 2024-2029, (MT)
Global top five Maraging Steel companies in 2022 (%)
The global Maraging Steel market was valued at US$ 15 million in 2022 and is projected to reach US$ 21 million by 2029, at a CAGR of 4.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major global producers of maraging Steel include Hitachi Metals, Universal Stainless, Villares Metals, Dongbei Special Steel Group, Nippon Koshuha, Bao Steel, Daido Steel, Aubert & Dural and Bohler, which together account for over 90% of the market share. Japan is the largest supplier of maraging steel, with a market share of nearly 35%. China is the second largest supplier of maraging steel, with a market share of about 22%. North America is the biggest consumer, with a market share of nearly 30%. Europe is the second largest consumer market after North America, with a consumer market share of 26%.
We surveyed the Maraging Steel manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Maraging Steel Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Maraging Steel Market Segment Percentages, by Type, 2022 (%)
Grade 200
Grade 250
Grade 300
Grade 350
Global Maraging Steel Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Maraging Steel Market Segment Percentages, by Application, 2022 (%)
Aerospace
Hydrospace
Tooling
Global Maraging Steel Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Maraging Steel Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Maraging Steel revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Maraging Steel revenues share in global market, 2022 (%)
Key companies Maraging Steel sales in global market, 2018-2023 (Estimated), (MT)
Key companies Maraging Steel sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hitachi Metals
Universal Stainless
Villares Metals
Dongbei Special Steel Group
NIPPON KOSHUHA
Bao steel
Daido Steel
Aubert & Dural
Bohler
Outline of Major Chapters:
Chapter 1: Introduces the definition of Maraging Steel, market overview.
Chapter 2: Global Maraging Steel market size in revenue and volume.
Chapter 3: Detailed analysis of Maraging Steel manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: 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 6: Sales of Maraging 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 of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Maraging Steel capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
