Global and United States Wear Resistant Steel Market Insights, Forecast to 2027

Wear resistant steel are carbon steels used in high abrasion environments, such as in mining equipment, shredders or dumper bodies. Their wear resistance is typically measured in terms of indentation hardness.
Global wear resistant steel main manufactuers include SSAB, JFE and ThyssenKrupp, totally accounting for about 43% of the market. Europe is the largest market of wear resistant steel, holding a share more than 50%. As for the types of products, it can be divided into under HBW 400, HBW 400-500 and above HBW 500. The most common type is HBW 400-500, with a share over 67%. As for the application of products, it is widely used in construction industry and mining equipment industry. The most common application is in construction industry, with a share about 54%.

Market Analysis and Insights: Global and United States Wear Resistant Steel Market
This report focuses on global and United States Wear Resistant Steel market.
In 2020, the global Wear Resistant Steel market size was US$ 2660 million and it is expected to reach US$ 3754.4 million by the end of 2027, with a CAGR of 4.5% during 2021-2027. In United States the Wear Resistant Steel market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Wear Resistant Steel Scope and Market Size
Wear Resistant Steel market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Wear Resistant Steel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For United States market, this report focuses on the Wear Resistant Steel market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in United States.

Segment by Type
Under HBW 400
HBW 400-500
Above HBW 500

Segment by Application
Construction
Mining Equipment
Others

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
SSAB
JFE
ThyssenKrupp
Dillinger
Bisalloy
ESSAR Steel Algoma
ArcelorMittal
NSSMC
NLMK Clabecq
Bisalloy Jigang
NanoSteel
Baowu Group
WUYANG Steel
ANSTEEL
Baowu Group(TISCO)
Acroni
Salzgitter