Nitriding Steel Market
Nitriding Steel Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Nitriding Steel Market Size and Growth
The Nitriding Steel market is experiencing robust growth, driven by increasing demand across automotive and aerospace sectors. The global market size was valued at approximately USD 2 billion in 2022, with projections to expand significantly over the next five years, reflecting advancements in manufacturing processes and performance enhancements. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ "Swiss Steel"
◍ "Ovako"
◍ "Saglam Metal"
◍ "Nippon Steel"
◍ "TSM Steel"
◍ "Thyssenkrupp Materials"
◍ "Härtha Group"
◍ "Birlesik Metal"
◍ "ASSAB"
The nitriding steel market features key players like Swiss Steel, Ovako, Saglam Metal, Nippon Steel, TSM Steel, Thyssenkrupp Materials, Härtha Group, Birlesik Metal, and ASSAB. These companies enhance market growth by providing high-quality nitriding steel products, innovative applications, and expanding their distribution networks, driving demand.
- Swiss Steel: €1,147 million (2022)
- Thyssenkrupp Materials: €7.7 billion (2023, steel and materials)
- Nippon Steel: ¥6.3 trillion (2023, full operations)
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Market Segmentation
By Application
◍ "Automotive"
◍ "Household Appliances"
◍ "Telecommunications"
◍ "Construction"
◍ "Others"
By Product
◍ "Common Alloy Steel"
◍ "Die Steel"
◍ "Tool Steel"
◍ "Others"
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Market Growth
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$ X Billion USD
