According to the research report titled ‘Heat Treating Market Size By Material Type (Steel, Cast Iron), By Process (Carburizing, Nitriding, Hardening, Tempering, Normalizing, Annealing), By Equipment Type (Electrically Heated Furnace, Fuel-Fired Furnace), By Application (Automotive, Aerospace & Defense, Machinery, Construction & Infrastructure, Metals), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Landscape & Forecast, 2021 – 2027’, available with MarketStudyReport, heat treating market is anticipated to witness substantial growth through 2027.

According to dependable estimates, rising demand for steel structural parts and aluminium body parts to improve vehicle fuel efficiency, in consort with increasing product application in the aerospace and defence sectors, as well as growing usage in construction are the major growth determinants for global heat-treating market.

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For the uninitiated, heat treatment is an important part of the manufacturing process that involves heating an alloy or metal to improve its physical properties so that it can endure wear and tear better. This procedure can be used to soften or harden a metal, as well as influence its heat and electrical conductivity, depending on the desired physical property in the manufacturing process.

Based on process, the nitriding segment is projected to record to a CAGR of 4.1% over the analysis timeframe, owing to growing popularity of the nitriding heat treatment process in automobile manufacturing.

In terms of application spectrum of heat treating market, the machinery segment is expected to expand at a CAGR of around 3.2% during the review period, mainly due to rapid industrial development in emerging economies.

From the regional out-front, Middle East & Africa industry is expected to record a y-o-y growth rate of 3.8% over the course of the analysis, owing to increasing domestic construction activities, and expanding metal industry across the region.

Premier Thermal Solutions LLC, Metal Heat Co. Ltd, Advanced Heat Treat Corp., Thermex Metal Treating Ltd., Summitglow Ltd., Peters Heat Treating Inc., TEAM Inc., Avdhoot Heat Treat Pvt Ltd., Houston Heat Treat, Nitrex Metal Inc., Advanced Heat Treatment Corporation, Euclid Heat Treating Company, Specialty Steel Treating Inc., Metcor Inc., Bluewater Thermal Solutions LLC, and Bodycote Heat Treatments Ltd. are the leading players in worldwide heat treating marketplace.