Wear Plate Market Professional Research Report Highlights of Key Drivers and Market Trends till 2026

Wear Plate Market Professional Research Report Highlights of Key Drivers and Market Trends till 2026

• Base Year: 2018

• Estimated Year: 2019

• Forecast Period: 2019 to 2026

Wear Plates 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.

Market Snapshot

This report categorizes the market with various types, applications, companies, and regions. It focuses on the present scenario and the future growth of the global Wear Plate market, especially in regions like North America, Asia-Pacific, Europe, South America, Middle East and Africa.

It is estimated that the CAGR (Compounded Annual Growth Rate) of the world market in the forecast period will reach 1.07%, and the total market value is expected to reach USD 2,805 million in 2026 from USD 2,604 million in 2019.

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Competitive Landscape

SSAB

JFE

ThyssenKrupp

Dillinger

ArcelorMittal

Essar Steel Algoma

NSSMC

Wuyang Steel

Xinyu Iron & Steel

NLMK Clabecq

Baosteel Group

Baohua Resistant Steel

Bisalloy

ANSTEEL

TISCO

Bisalloy Jigang

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Regional Overview

In 2018, countries in Europe like Germany, France, UK, Russia and Italy accounted for 38.26% of the overall market, followed by Asia-Pacific (China, Japan, Korea, India and Southeast Asia) and North America (United States, Canada and Mexico), accounting for 25.79% and 21.36% respectively.

Geographically, Europe region is the large production area with annual production value exceeds USD 986 million in 2018 while Asia-Pacific is the followed with USD 664 million. Speaking of consumption, Europe region ranked first globally with 34.17% of total consumption in 2018. Other main consumption areas include China, North America and Japan.

Type Overview

Important types of the product covered in this report include Under HBW 400, HBW 400-500, Above HBW 500, and Other.

Application Overview

Wear Plate is widely used by Mining, Construction, and Others.

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Target Audience:

•     Wear plate manufacturers

•     Raw material suppliers of wear plate

•     Small and Medium-sized Enterprises (SMEs)

•     Distributors and resellers of wear plate

•     Wear plate industry associations

•     Product managers, wear plate industry administrator, C-level executives of the industries

•     Market Research and consulting firms

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