Abrasion Resistant Steel, Global Market Size Forecast, Top 10 Players Rank and Market Share (Internet Services - Other Internet Services)

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Abrasion Resistant Steel, Global Market Size Forecast, Top 10 Players Rank and Market Share


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.
According to the new market research report “Global Abrasion Resistant Steel Market Report 2024-2030”, published by QYResearch, the global Abrasion Resistant Steel market size is projected to reach USD 5.82 billion by 2030, at a CAGR of 4.7% during the forecast period.

According to QYResearch Top Players Research Center, the global key manufacturers of Abrasion Resistant Steel include SSAB, JFE, Valin Steel, ThyssenKrupp, ESSAR Steel Algoma, Dillinger, NLMK Clabecq, NSSMC, Bisalloy, Acroni, etc. In 2023, the global top 10 players had a share approximately 75.0% in terms of revenue.

Market Drivers:
1. Abrasion-resistant steel finds significant demand in heavy industries such as mining, construction, and manufacturing
2. Ongoing infrastructure development projects worldwide, including roads, bridges, and commercial buildings, contribute to the demand for abrasion-resistant steel.
3. Equipment such as crushers, screens, and conveyor systems require abrasion-resistant components to withstand abrasive materials, driving demand in the market.
4. Abrasion-resistant steel helps in reducing maintenance costs and downtime by offering extended equipment lifespan, making it a preferred choice for various industrial applications.
5. Abrasion-resistant steel meets regulatory standards while ensuring worker safety and environmental compliance, further propelling market growth.

For more information, please contact the following e-mail address:
Email: global@qyresearch.com
Website: https://www.qyresearch.com
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.



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Last Update : 01 April 2024 7:37 AM
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