Heat Treating Market To Reach $152.51 Billion By 2033

July 2025 | Report Format: Electronic (PDF)

Heat Treating Market Growth & Trends

The global heat treating market size is expected to reach USD 152.51 billion by 2030, registering a CAGR of 3.7% from 2025 to 2033, according to a new report by Grand View Research, Inc. The growing automotive industry and the rising demand for heat-processed metals and alloys in industrial activities and the construction industry are expected to boost the demand over the forecast period.

The COVID-19 pandemic has prompted companies to increase local manufacturing in the automotive industry. Moreover, an increase in the demand for environmentally-friendly heat-treating technologies such as vacuum heat treatment is expected to augment the demand over the forecast period.

Heat treatment in aerospace manufacturing is an important process as it increases the strength of metals used, thereby increasing the weight to strength ratio of components. An increase in M&A activities and restructuring in the aerospace industry is expected to augment the aerospace industry growth, thereby positively affecting the industry growth.

As companies look for greener technological processes, vacuum heat treatment has accelerated market growth. Vacuum heat treatment does not require further forming, maintains a uniform high temperature, and generates no carbon. Moreover, vacuum heat treatment allows more flexibility and adaptability to change.

Companies in the industry exhibit integration from the manufacturing of heat-treating furnaces. They provide numerous commercial and customized heat treating services for the testing of the end products and supply them to end-users. Key industry players operate through well-integrated plants equipped with state-of-the-art machinery and situated in key locations.

Technological development in the market is expected to be a key factor in industry growth. Vacuum technology, Nano Carburizing, Nitriding, Sulfonitriding, and induction heating are some of the technologies that have growth potential over the forecast period. The demand for technologies that reduce consumption and emission of technical gases is also expected to drive the industry.

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Heat Treating Market Report Highlights

The steel material segment led the market and accounted for 79.9% revenue share in 2024. This dominance is primarily driven by the rising demand for heat-treated steel components across key industries, particularly construction, automotive, and heavy machinery.
Case hardening processes dominated the heat treating market and accounted for 28.2% share in 2024, due to their ability to create a hard, wear-resistant surface while maintaining a tough, ductile core.
Electrically heated furnaces led the heat treating equipment market and accounted for 46.4% share in 2024, due to their precise temperature control, energy efficiency, and cleaner operation.
The automotive sector dominated the heat treating market and accounted for 33.8% share in 2024, due to its high demand for durable, high-performance metal components. Heat treatment is essential for parts like gears, crankshafts, and suspension systems to improve strength and wear resistance.
North America heat treating market is growing at a significant CAGR of 3.1% in the global market, driven by strong automotive, aerospace, and defense industries. The presence of advanced manufacturing facilities and a focus on technological innovation drive demand.