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Wear Resistance Steel Market, Global Outlook and Forecast 2023-2032

  • Writer: swati patil
    swati patil
  • Oct 10, 2023
  • 4 min read

This report aims to provide a comprehensive presentation of the global market for Wear Resistance Steel, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wear Resistance Steel. This report contains market size and forecasts of Wear Resistance Steel in global, including the following market information:


  • Global Wear Resistance Steel Market Revenue, 2018-2023, 2024-2032, ($ millions)

  • Global Wear Resistance Steel Market Sales, 2018-2023, 2024-2032, (Kiloton)



Global top five Wear Resistance Steel companies in 2022 (%)


The global Wear Resistance Steel market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.


HB<400 Segment to Reach $ Million by 2029, with a % CAGR in next six years.


The global key manufacturers of Wear Resistance Steel include SSAB, JFE, ThyssenKrupp, Dillinger, Bisalloy, ESSAR Steel Algoma, ArcelorMittal, NSSMC and NLMK Clabecq, etc. in 2022, the global top five players have a share approximately % in terms of revenue.


MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Wear Resistance Steel manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Wear Resistance Steel Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (Kiloton)

Global Wear Resistance Steel Market Segment Percentages, by Type, 2022 (%)


  • HB<400

  • HB 400-500

  • HB>500

Global Wear Resistance Steel Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (Kiloton)

Global Wear Resistance Steel Market Segment Percentages, by Application, 2022 (%)


  • Construction Industry

  • Mining Equipment Industry

  • Other

Global Wear Resistance Steel Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (Kiloton)

Global Wear Resistance Steel Market Segment Percentages, By Region and Country, 2022 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis


  • The report also provides analysis of leading market participants including:

  • Key companies Wear Resistance Steel revenues in global market, 2018-2023 (Estimated), ($ millions) Key companies Wear Resistance Steel revenues share in global market, 2022 (%)

  • Key companies Wear Resistance Steel sales in global market, 2018-2023 (Estimated), (Kiloton)

  • Key companies Wear Resistance Steel sales share in global market, 2022 (%)

Key players include:


  • SSAB

  • JFE

  • Thyssen

  • Krupp

  • Dillinger

  • Bisalloy

  • ESSAR Steel Algoma

  • ArcelorMittal NSSMC

  • NLMK Clabecq

  • NanoSteel

  • Baowu Group

  • WUYANG Steel

  • ANSTEEL

  • TISCO

  • Acroni

  • Salzgitter


Outline of Major Chapters:


Chapter 1: Introduces the definition of Wear Resistance Steel, market overview.


Chapter 2: Global Wear Resistance Steel market size in revenue and volume.


Chapter 3: Detailed analysis of Wear Resistance Steel manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.


Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.


Chapter 6: Sales of Wear Resistance Steel in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.


Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. Chapter 8: Global Wear Resistance Steel capacity by region & country.


Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.


Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.


Chapter 11: The main points and conclusions of the report.


Table of content

1 Introduction to Research & Analysis Reports 1.1 Wear Resistance Steel Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Wear Resistance Steel Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Wear Resistance Steel Overall Market Size 2.1 Global Wear Resistance Steel Market Size: 2022 VS 2032 2.2 Global Wear Resistance Steel Revenue, Prospects & Forecasts: 2018-2032 2.3 Global Wear Resistance Steel Sales: 2018-2032 3 Company Landscape 3.1 Top Wear Resistance Steel Players in Global Market 3.2 Top Global Wear Resistance Steel Companies Ranked by Revenue 3.3 Global Wear Resistance Steel Revenue by Companies 3.4 Global Wear Resistance Steel Sales by Companies 3.5 Global Wear Resistance Steel Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Wear Resistance Steel Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Wear Resistance Steel Product Type 3.8 Tier 1, Tier 2 and Tier 3 Wear Resistance Steel Players in Global Market 3.8.1 List of Global Tier 1 Wear Resistance Steel Companies 3.8.2 List of Global Tier 2 and Tier 3 Wear Resistance Steel Companies 4 Sights by Product 4.1 Overview 4.1.

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