The global Abrasion Resistant Steel market was valued at US$ 3100.2 million in 2022 and is projected to reach US$ 4164.6 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 USA market for Global Abrasion Resistant Steel market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Abrasion Resistant Steel market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Abrasion Resistant Steel market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Global key players of Abrasion Resistant Steel include SSAB, JFE, ThyssenKrupp, Dillinger, Bisalloy, ESSAR Steel, and Algoma, etc. Among them, SSAB is the largest manufacturer, with a share about 32 percent. Europe is the largest market, with a share over 50%, followed by North America and Japan. In terms of product, the 500 HB Abrasion Resistant Steel is the largest segment, occupying for a share over 29%, closely followed by 400 HB Abrasion Resistant Steel. In terms of application,Mining Equipment Industry is the largest market, followed by Construction Industry and other Applications.
Abrasion 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.
This report aims to provide a comprehensive presentation of the global market for Abrasion 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 Abrasion Resistant Steel. This report contains market size and forecasts of Abrasion Resistant Steel in global, including the following market information:
- Global Abrasion Resistant Steel Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Abrasion Resistant Steel Market Sales, 2018-2023, 2024-2029, (K MT)
- Global top five Abrasion Resistant Steel companies in 2022 (%)
We surveyed the Abrasion Resistant 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 Abrasion Resistant Steel Market, by Brinell Hardness, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Abrasion Resistant Steel Market Segment Percentages, by Brinell Hardness, 2022 (%)
- Under HBW 400
- 400 HB
- 450 HB
- 500 HB
- Above HBW 500
Global Abrasion Resistant Steel Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Abrasion Resistant Steel Market Segment Percentages, by Application, 2022 (%)
- Construction Industry
- Mining Equipment Industry
- Other
Global Abrasion Resistant Steel Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Abrasion Resistant Steel Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Abrasion Resistant Steel revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Abrasion Resistant Steel revenues share in global market, 2022 (%)
- Key companies Abrasion Resistant Steel sales in global market, 2018-2023 (Estimated), (K MT)
- Key companies Abrasion Resistant Steel sales share in global market, 2022 (%)
key players include:
- SSAB
- JFE
- ThyssenKrupp
- Dillinger
- Bisalloy
- ESSAR Steel Algoma
- ArcelorMittal
- NSSMC
- NLMK Clabecq
- Bisalloy Jigang
- NanoSteel
- Baowu Group
- WUYANG Steel
- ANSTEEL
- TISCO
- Acroni
- Salzgitter
Outline of Major Chapters:
Chapter 1: Introduces the definition of Abrasion Resistant Steel, market overview.
Chapter 2: Global Abrasion Resistant Steel market size in revenue and volume.
Chapter 3: Detailed analysis of Abrasion Resistant 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 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 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 Abrasion 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 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 Abrasion Resistant 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.
