Los Angeles, December 9, 2019 –QY Research has recently published a report titled, “Global Metal Heat Treatment Market Insights, Forecast to 2025”, according to the report the global metal heat treatment market was worth US$ 6083.45 mn during 2018 and is expected to rise to US$ 8664.15 mn by the end of 2025, registering a CAGR of 5.18% During the forecast period.
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Metal Heat Treatment Gains Attention with Ability to Make Workable Metal for Various Purposes
Metal heat treatment is rising in demand as it is extensively used to alter chemical and physical properties of a metal. It optimizes physical and mechanical properties according to the application. Metals are heated to harden and soften for operations such as machining, cold forging, and deep drawing. Heat treatment is extensively used for defining edges of hard steel cutting tools. It is also implemented in strengthening precipitation hardening of steels and non-ferrous metals by ageing designed processes. It plays an important role in industrial infrastructure industry due to its precision and sophistication that allows it to provide various techniques for various purposes.
Heat treatment helps in impacting the magnetism, resistance, and structure of the subjected metal. Heat treatment improves corrosion resistance, ductility, machinability, toughness, hardness, strength of metals, and refine gain structure.
Metal heat treatment provides a variety of techniques such as annealing, precipitation hardening, tempering, stress relieving, normalizing, and cryogenically treatment. The treatment helps in improving the potential and mechanical properties of a metal by ultimately changing their microstructure.
Surface Heat Treatment Expected to Rise as Demand for Surface Layer Hardness is Rising
Surface heat treatment is expected to rise during the forecast period as it has extensively applications in biomedical, mechanical, corrosion, thermal, electronic, optical, and other industry.
North America to Augment Owing to Developing Infrastructure
Machinery and equipment market is flourishing in North America as the accessibility and quality of infrastructure is better which, helps to boost investment decisions of this region. Various foreign investors are also investing in the region hence, augmenting the metal heat treatment market. Top manufacturers of this region are extensively spending in research and development activities to launch new products in the market.
Bodycote to Invest in Heat Treatment facility in North America
Bodycote has recently decided to open heat treating facility at Elgin, Illinois incorporating new technologies such as traditional carburizing and Bodycote’s proprietary Corr-l-Dur process, ferritic nitro carburizing and vacuum nitriding, and low pressure carbonitriding and carburizing. The launch will mostly take place by late 2019 and will support various manufacturing supply chain such as construction, mining, agriculture, and automotive.
The key players operating in the global metal heat treatment market are Braddock Metallurgical, Solar Atmospheres, TTL, Toshin Nekko, Bodycote, and DOWA Thermotech. Metal Heat Co., Ltd,Guangdong Strong Metal Technology Aalberts.
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