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Untempered Steel- Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032
Industry: Chemical & Material
Published Date: 2026-01-04
Pages: 84 Pages
Report ld: 5506435
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Untempered Steel Market Size(US$)
CAGR 2026-2032
2.6%
Market Size,2032
USD 9,489
Million
Market Snapshot
Market Size in 2026 (Value)
US$ 8,135 million
Market Forecast in 2032(Value)
US$ 9,489 million
CAGR
2.6%
Years Considered
2021-2032
Base Year
2026
Forecast Period
2026-2032
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Untempered Steel was estimated to be worth US$ 7949 million in 2025 and is projected to reach US$ 9489 million, growing at a CAGR of 2.6% from 2026 to 2032.
The potential shifts in the 2025 U.S. tariff framework pose substantial volatility risks to global markets. This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Untempered Steel cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Non-quenched and tempered steel is based on medium carbon manganese steel with vanadium, titanium, niobium microalloying elements, so that it is dissolved in austenite during heating, due to the solidification of vanadium, titanium, and niobium in austenite The solubility decreases with cooling. The microalloying elements vanadium, titanium, and niobium will be precipitated in the first precipitated ferrite and pearlite in the form of fine carbides and nitrides. These precipitates maintain a coherent relationship with the parent phase to strengthen the steel. The mechanical properties of this type of steel in the hot-rolled state, forged state or normalized state are equal to or close to that of modulated steel, which not only shortens the production cycle, but also saves energy.
Global Untempered Steel key players include NSSC, ThyssenKrupp, Kobelco, etc. Global top four manufacturers hold a share over 45%.
Japan is the largest market, with a share about 40%, followed by China, and Germany, both have a share about 40 percent.
In terms of product, Ferrite-pearlite Steel is the largest segment, with a share about 60%. And in terms of application, the largest application is Automotive Parts, followed by Mechanical Processing, etc.
This report provides a comprehensive view of the global market for Untempered Steel, covering total sales volume, sales revenue, pricing, the market share and ranking of key companies, along with analyses by region & country, by Type, and by Application.
The Untempered Steel market size, estimations, and forecasts are presented in terms of sales volume (MT) and revenue ($ millions), with 2025 as the base year and historical and forecast data from 2021 to 2032. The report combines quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current marketplace, and make informed business decisions regarding Untempered Steel.
MARKET SEGMENTATION
By Company
- NSSC
- ThyssenKrupp
- Kobelco
- DAIDO STEEL
Consumption by Region
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Segment by Type
- Ferrite-pearlite Steel
- Bainite Steel
- Martensitic Steel
Segment by Application
- Automotive Parts
- Mechanical Processing
- Others
CHAPTER OUTLINE
Chapter 1: Introduces the scope of the report and the global market size (value, volume, and price). It also summarizes market dynamics and Recent Developments; identifies key drivers and restraints; outlines challenges and risks for manufacturers; reviews relevant industry policies and U.S. tariff implications.
Chapter 2: Provides a detailed analysis of the Untempered Steel manufacturers' competitive landscape—including pricing, sales and revenue shares, Recent Developments plans, and mergers and acquisitions (M&A).
Chapter 3: Analyzes market segmentation by Type, presenting the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 4: Analyzes market segmentation by Application, presenting the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 5: Presents Untempered Steel sales and revenue at the regional level. It offers a quantitative assessment of market size and growth potential by region and summarizes market development, future prospects, addressable space, and country-level market size worldwide.
Chapter 6: Presents Untempered Steel sales and revenue at the country level. It provides segmented data by Type and by Application for each country/region.
Chapter 7: Profiles key players, detailing the main companies' product sales, revenue, pricing, gross margin, product portfolios, Recent Developments, etc.
Chapter 8: Analyzes the industry value chain, including upstream suppliers and downstream applications/customers.
Chapter 9: Conclusion.
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TABLE OF CONTENTS
1 Market Overview
1.1 Untempered Steel Product Introduction
1.2 Global Untempered Steel Market Size Forecast
1.2.1 Global Untempered Steel Sales Value (2021–2032)
1.2.2 Global Untempered Steel Sales Volume (2021–2032)
1.2.3 Global Untempered Steel Sales Price (2021–2032)
1.3 Untempered Steel Market Trends & Drivers
1.3.1 Untempered Steel Industry Trends
1.3.2 Untempered Steel Market Drivers & Opportunities
1.3.3 Untempered Steel Market Challenges
1.3.4 Untempered Steel Market Restraints
1.3.5 Impact of U.S. Tariffs
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Untempered Steel Players Revenue Ranking (2025)
2.2 Global Untempered Steel Revenue by Company (2021–2026)
2.3 Global Untempered Steel Sales Volume Ranking of Players (2025)
2.4 Global Untempered Steel Sales Volume by Company (2021–2026)
2.5 Global Untempered Steel Average Price by Company (2021–2026)
2.6 Key Manufacturers Untempered Steel Manufacturing Base and Headquarters
2.7 Key Manufacturers Untempered Steel Product Offerings
2.8 Key Manufacturers Start of Mass Production of Untempered Steel
2.9 Untempered Steel Market Competitive Analysis
2.9.1 Untempered Steel Market Concentration Rate (2021–2026)
2.9.2 Global 5 and 10 Largest Manufacturers by Untempered Steel Revenue in 2025
2.9.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on Untempered Steel revenue, 2025
2.10 Mergers & Acquisitions and Expansion
3 Segmentation Untempered Steel Market Classification
3.1 Introduction by Type
3.1.1 Ferrite-pearlite Steel
3.1.2 Bainite Steel
3.1.3 Martensitic Steel
3.1.4 Global Untempered Steel Sales Value by Type
3.1.4.1 Global Untempered Steel Sales Value by Type (2021 vs 2025 vs 2032)
3.1.4.2 Global Untempered Steel Sales Value, by Type (2021–2032)
3.1.4.3 Global Untempered Steel Sales Value, by Type (%), 2021–2032
3.1.5 Global Untempered Steel Sales Volume by Type
3.1.5.1 Global Untempered Steel Sales Volume by Type (2021 vs 2025 vs 2032)
3.1.5.2 Global Untempered Steel Sales Volume, by Type (2021–2032)
3.1.5.3 Global Untempered Steel Sales Volume, by Type (%), 2021–2032
3.1.6 Global Untempered Steel Average Price by Type (2021–2032)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Automotive Parts
4.1.2 Mechanical Processing
4.1.3 Others
4.2 Global Untempered Steel Sales Value by Application
4.2.1 Global Untempered Steel Sales Value by Application (2021 vs 2025 vs 2032)
4.2.2 Global Untempered Steel Sales Value, by Application (2021–2032)
4.2.3 Global Untempered Steel Sales Value, by Application (%), 2021–2032
4.3 Global Untempered Steel Sales Volume by Application
4.3.1 Global Untempered Steel Sales Volume by Application (2021 vs 2025 vs 2032)
4.3.2 Global Untempered Steel Sales Volume, by Application (2021–2032)
4.3.3 Global Untempered Steel Sales Volume, by Application (%), 2021–2032
4.4 Global Untempered Steel Average Price by Application (2021–2032)
5 Segmentation by Region
5.1 Global Untempered Steel Sales Value by Region
5.1.1 Global Untempered Steel Sales Value by Region: 2021 vs 2025 vs 2032
5.1.2 Global Untempered Steel Sales Value by Region (2021–2026)
5.1.3 Global Untempered Steel Sales Value by Region (2027–2032)
5.1.4 Global Untempered Steel Sales Value by Region (%), 2021–2032
5.2 Global Untempered Steel Sales Volume by Region
5.2.1 Global Untempered Steel Sales Volume by Region: 2021 vs 2025 vs 2032
5.2.2 Global Untempered Steel Sales Volume by Region (2021–2026)
5.2.3 Global Untempered Steel Sales Volume by Region (2027–2032)
5.2.4 Global Untempered Steel Sales Volume by Region (%), 2021–2032
5.3 Global Untempered Steel Average Price by Region (2021–2032)
5.4 North America
5.4.1 North America Untempered Steel Sales Value, 2021–2032
5.4.2 North America Untempered Steel Sales Value by Country (%), 2025 vs 2032
5.5 Europe
5.5.1 Europe Untempered Steel Sales Value, 2021–2032
5.5.2 Europe Untempered Steel Sales Value by Country (%), 2025 vs 2032
5.6 Asia Pacific
5.6.1 Asia Pacific Untempered Steel Sales Value, 2021–2032
5.6.2 Asia Pacific Untempered Steel Sales Value by Region (%), 2025 vs 2032
5.7 South America
5.7.1 South America Untempered Steel Sales Value, 2021–2032
5.7.2 South America Untempered Steel Sales Value by Country (%), 2025 vs 2032
5.8 Middle East & Africa
5.8.1 Middle East & Africa Untempered Steel Sales Value, 2021–2032
5.8.2 Middle East & Africa Untempered Steel Sales Value by Country (%), 2025 vs 2032
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Untempered Steel Sales Value Growth Trends, 2021 vs 2025 vs 2032
6.2 Key Countries/Regions Untempered Steel Sales Value and Sales Volume
6.2.1 Key Countries/Regions Untempered Steel Sales Value, 2021–2032
6.2.2 Key Countries/Regions Untempered Steel Sales Volume, 2021–2032
6.3 United States
6.3.1 United States Untempered Steel Sales Value, 2021–2032
6.3.2 United States Untempered Steel Sales Value by Type (%), 2025 vs 2032
6.3.3 United States Untempered Steel Sales Value by Application, 2025 vs 2032
6.4 Europe
6.4.1 Europe Untempered Steel Sales Value, 2021–2032
6.4.2 Europe Untempered Steel Sales Value by Type (%), 2025 vs 2032
6.4.3 Europe Untempered Steel Sales Value by Application, 2025 vs 2032
6.5 China
6.5.1 China Untempered Steel Sales Value, 2021–2032
6.5.2 China Untempered Steel Sales Value by Type (%), 2025 vs 2032
6.5.3 China Untempered Steel Sales Value by Application, 2025 vs 2032
6.6 Japan
6.6.1 Japan Untempered Steel Sales Value, 2021–2032
6.6.2 Japan Untempered Steel Sales Value by Type (%), 2025 vs 2032
6.6.3 Japan Untempered Steel Sales Value by Application, 2025 vs 2032
6.7 South Korea
6.7.1 South Korea Untempered Steel Sales Value, 2021–2032
6.7.2 South Korea Untempered Steel Sales Value by Type (%), 2025 vs 2032
6.7.3 South Korea Untempered Steel Sales Value by Application, 2025 vs 2032
6.8 Southeast Asia
6.8.1 Southeast Asia Untempered Steel Sales Value, 2021–2032
6.8.2 Southeast Asia Untempered Steel Sales Value by Type (%), 2025 vs 2032
6.8.3 Southeast Asia Untempered Steel Sales Value by Application, 2025 vs 2032
6.9 India
6.9.1 India Untempered Steel Sales Value, 2021–2032
6.9.2 India Untempered Steel Sales Value by Type (%), 2025 vs 2032
6.9.3 India Untempered Steel Sales Value by Application, 2025 vs 2032
7 Company Profiles
7.1 NSSC
7.1.1 NSSC Company Information
7.1.2 NSSC Introduction and Business Overview
7.1.3 NSSC Untempered Steel Sales, Revenue, Price and Gross Margin (2021–2026)
7.1.4 NSSC Untempered Steel Product Offerings
7.1.5 NSSC Recent Developments
7.2 ThyssenKrupp
7.2.1 ThyssenKrupp Company Information
7.2.2 ThyssenKrupp Introduction and Business Overview
7.2.3 ThyssenKrupp Untempered Steel Sales, Revenue, Price and Gross Margin (2021–2026)
7.2.4 ThyssenKrupp Untempered Steel Product Offerings
7.2.5 ThyssenKrupp Recent Developments
7.3 Kobelco
7.3.1 Kobelco Company Information
7.3.2 Kobelco Introduction and Business Overview
7.3.3 Kobelco Untempered Steel Sales, Revenue, Price and Gross Margin (2021–2026)
7.3.4 Kobelco Untempered Steel Product Offerings
7.3.5 Kobelco Recent Developments
7.4 DAIDO STEEL
7.4.1 DAIDO STEEL Company Information
7.4.2 DAIDO STEEL Introduction and Business Overview
7.4.3 DAIDO STEEL Untempered Steel Sales, Revenue, Price and Gross Margin (2021–2026)
7.4.4 DAIDO STEEL Untempered Steel Product Offerings
7.4.5 DAIDO STEEL Recent Developments
8 Industry Chain Analysis
8.1 Untempered Steel Industrial Chain
8.2 Untempered Steel Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Key Suppliers of Raw Materials
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customer Analysis)
8.5 Sales Model and Sales Channelss
8.5.1 Untempered Steel Sales Model
8.5.2 Sales Channels
8.5.3 Untempered Steel Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
Table 1. Untempered Steel Market Trends
Table 2. Untempered Steel Market Drivers & Opportunities
Table 3. Untempered Steel Market Challenges
Table 4. Untempered Steel Market Restraints
List of Figures
Figure 1. Untempered Steel Product Picture
Figure 2. Global Untempered Steel Sales Value, 2021 vs 2025 vs 2032 (US$ Million)
Figure 3. Global Untempered Steel Sales Value (US$ Million), 2021–2032
Figure 4. Global Untempered Steel Sales Volume (MT), 2021–2032
Figure 5. Global Untempered Steel Sales Price (USD/MT), 2021–2032
Figure 6. Untempered Steel Report Years Considered
Figure 7. Global Untempered Steel Players Revenue Ranking (US$ Million), 2025
Figure 8. Global Untempered Steel Sales Volume Ranking of Players (MT), 2025
Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Untempered Steel Revenue in 2025
Figure 10. Untempered Steel Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2021 vs 2025
Figure 11. Ferrite-pearlite Steel Picture
Figure 12. Bainite Steel Picture
Figure 13. Martensitic Steel Picture
Figure 14. Global Untempered Steel Sales Value by Type (US$ Million), 2021 vs 2025 vs 2032
Figure 15. Global Untempered Steel Sales Value Market Share by Type, 2025 & 2032
Figure 16. Global Untempered Steel Sales Volume by Type (MT), 2021 vs 2025 vs 2032
Figure 17. Global Untempered Steel Sales Volume Market Share by Type, 2025 & 2032
Figure 18. Global Untempered Steel Price by Type (USD/MT), 2021–2032
Figure 19. Product Picture of Automotive Parts
Figure 20. Product Picture of Mechanical Processing
Figure 21. Product Picture of Others
Figure 22. Global Untempered Steel Sales Value by Application (US$ Million), 2021 vs 2025 vs 2032
Figure 23. Global Untempered Steel Sales Value Market Share by Application, 2025 & 2032
Figure 24. Global Untempered Steel Sales Volume by Application (MT), 2021 vs 2025 vs 2032
Figure 25. Global Untempered Steel Sales Volume Market Share by Application, 2025 & 2032
Figure 26. Global Untempered Steel Price by Application (USD/MT), 2021–2032
Figure 27. North America Untempered Steel Sales Value (US$ Million), 2021–2032
Figure 28. North America Untempered Steel Sales Value by Country (%), 2025 vs 2032
Figure 29. Europe Untempered Steel Sales Value (US$ Million), 2021–2032
Figure 30. Europe Untempered Steel Sales Value by Country (%), 2025 vs 2032
Figure 31. Asia Pacific Untempered Steel Sales Value (US$ Million), 2021–2032
Figure 32. Asia Pacific Untempered Steel Sales Value by Region (%), 2025 vs 2032
Figure 33. South America Untempered Steel Sales Value (US$ Million), 2021–2032
Figure 34. South America Untempered Steel Sales Value by Country (%), 2025 vs 2032
Figure 35. Middle East & Africa Untempered Steel Sales Value (US$ Million), 2021–2032
Figure 36. Middle East & Africa Untempered Steel Sales Value by Country (%), 2025 vs 2032
Figure 37. Key Countries/Regions Untempered Steel Sales Value (%), 2021–2032
Figure 38. Key Countries/Regions Untempered Steel Sales Volume (%), 2021–2032
Figure 39. United States Untempered Steel Sales Value (US$ Million), 2021–2032
Figure 40. United States Untempered Steel Sales Value by Type (%), 2025 vs 2032
Figure 41. United States Untempered Steel Sales Value by Application (%), 2025 vs 2032
Figure 42. Europe Untempered Steel Sales Value (US$ Million), 2021–2032
Figure 43. Europe Untempered Steel Sales Value by Type (%), 2025 vs 2032
Figure 44. Europe Untempered Steel Sales Value by Application (%), 2025 vs 2032
Figure 45. China Untempered Steel Sales Value (US$ Million), 2021–2032
Figure 46. China Untempered Steel Sales Value by Type (%), 2025 vs 2032
Figure 47. China Untempered Steel Sales Value by Application (%), 2025 vs 2032
Figure 48. Japan Untempered Steel Sales Value (US$ Million), 2021–2032
Figure 49. Japan Untempered Steel Sales Value by Type (%), 2025 vs 2032
Figure 50. Japan Untempered Steel Sales Value by Application (%), 2025 vs 2032
Figure 51. South Korea Untempered Steel Sales Value (US$ Million), 2021–2032
Figure 52. South Korea Untempered Steel Sales Value by Type (%), 2025 vs 2032
Figure 53. South Korea Untempered Steel Sales Value by Application (%), 2025 vs 2032
Figure 54. Southeast Asia Untempered Steel Sales Value (US$ Million), 2021–2032
Figure 55. Southeast Asia Untempered Steel Sales Value by Type (%), 2025 vs 2032
Figure 56. Southeast Asia Untempered Steel Sales Value by Application (%), 2025 vs 2032
Figure 57. India Untempered Steel Sales Value (US$ Million), 2021–2032
Figure 58. India Untempered Steel Sales Value by Type (%), 2025 vs 2032
Figure 59. India Untempered Steel Sales Value by Application (%), 2025 vs 2032
Figure 60. Untempered Steel Industrial Chain
Figure 61. Untempered Steel Manufacturing Cost Structure
Figure 62. Channels of Distribution (Direct Sales, and Distribution)
Figure 63. Bottom-up and Top-down Approaches for This Report
Figure 64. Data Triangulation
Figure 65. Key Executives Interviewed
KEY QUESTIONS ADDRESSED BY THE REPORT
What was the global market size of Untempered Steel in 2032?
The global market size of Untempered Steel in 2032 was 9489 Million USD.
Which companies rank high in the global Untempered Steel market?
What was the global market size of Untempered Steel in 2026?
What is the annual compound growth rate of the global Untempered Steel market size from 2026 to 2032?
Which region is expected to have the highest market share?
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