Global Wear Plates Market Size & Outlook, 2024-2030
Global wear plates market, 2018-2030 (US$M)
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Global wear plates market highlights
- The global wear plates market generated a revenue of USD 3,735.2 million in 2024 and is expected to reach USD 5,449.7 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 6.5% by 2030.
- In terms of segment, steel accounted for a revenue of USD 2,498.4 million in 2024.
- Ceramics is the most lucrative material segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 3,735.2 million |
| Market revenue in 2030 | USD 5,449.7 million |
| Growth rate | 6.5% (CAGR from 2025 to 2030) |
| Largest segment | Steel |
| Fastest growing segment | Ceramics |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Steel, Ceramics |
Other key industry trends
- In terms of revenue, the North America accounted for 27.9% of the global wear plates market in 2024.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 186.8 million by 2030.
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Wear Plates Market Scope
Wear Plates Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| TISCO | View profile | 11-50 | Hakata, Fukuoka, Japan, Asia | http://www.tisco-net.com/ |
| Bisalloy Steels | View profile | 51-100 | Unanderra, New South Wales, Australia, Oceania | http://www.bisalloy.com.au/aboutbisalloy.aspx |
| Xinyu Iron & Steel | View profile | - | Shanghai, Shanghai, China, Asia | http://www.xyusteel.com |
| Wuyang Corporation | View profile | - | Jeonju, Cholla-bukto, South Korea, Asia | http://wuyang.co.kr/ |
| National Securities and Stock Market Commission of Ukraine | View profile | 251-500 | Kyiv, Kyyiv, Ukraine, Europe | https://www.nssmc.gov.ua |
| Dillinger | View profile | 5001-10000 | Dillingen, Saarland, Germany, Europe | https://www.dillinger.de/d/en/corporate/index.shtml |
| Essar Steel | View profile | 10001+ | Mumbai, Maharashtra, India, Asia | http://www.essarsteel.com |
| ArcelorMittal | View profile | 10001+ | Luxembourg, Luxembourg, Luxembourg, Europe | https://corporate.arcelormittal.com/ |
| SSAB | View profile | 5001-10000 | Stockholm, Stockholms Lan, Sweden, Europe | http://ssab.com |
| Ansteel | View profile | - | Anshan, Liaoning, China, Asia | http://www.ansteel.cn |
| NLMK Group | View profile | 10001+ | Moscow, Moscow City, Russian Federation, Europe | http://nlmk.com/ |
| BAOSTEEL | View profile | 10001+ | Shanghai, Shanghai, China, Asia | http://www.baosteel.com/group_en/ |
| Thyssenkrupp AG | View profile | 100202 | ThyssenKrupp Allee 1, Essen, NW, Germany, 45143 | https://www.thyssenkrupp.com |
| JFE Holdings Inc | View profile | 44469 | 2-2-3 Uchisaiwaicho, Chiyoda-ku, Tokyo, Japan, 100-0011 | http://www.jfe-holdings.co.jp |
Global wear plates market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to wear plates market will help companies and investors design strategic landscapes.
Steel was the largest segment with a revenue share of 66.89% in 2024. Horizon Databook has segmented the Global wear plates market based on steel, ceramics covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Wear Plates Material Outlook (Revenue, USD Million, 2018-2030)
- Steel
- Ceramics
- Others
- Global Wear Plates End Use Outlook (Revenue, USD Million, 2018-2030)
- Mining & Quarrying
- Oil & Gas
- Construction & Earthmoving Equipment
- Steel & Cement
- Others
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Our clientele includes a mix of wear plates market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global wear plates market , including forecasts for subscribers. This global databook contains high-level insights into Global wear plates market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global wear plates market size, by regions, 2018-2030 (US$M)
Top 10 countries: Wear plates market size, 2024 (US$M)
Global wear plates market share, by material, 2024 & 2030 (%, US$M)
Wear plates market: Opportunity assessment by country
Global wear plates market, by region, 2024 (US$M)
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