India Heat Treating Market
- The India heat treating market is expected to reach USD 8.37 billion by 2027 at a 7.5% CAGR, according to a report by Grand View Research, Inc. The entry of various automotive manufacturers in the country has fueled the demand for heat treating services over the past few years.
- Heat treating involves controlled heating and cooling of materials to attain distinct mechanical properties such as strength, flexibility, and hardness. Steel is the most commonly used material for heat-treating in India, along with cast iron, aluminum, copper, brass, and other metals.
- The use of high-strength steel in the automotive industry has increased at an exponential rate, owing to the requirements of light-weight vehicles with improved fuel efficiency. The rapid growth of the Indian automotive sector has propelled the demand for heat treating. Heat-treated components are used in numerous auto-parts, such as transmission, suspension, engine, body frame, and braking systems.
- Players in the heat treating market in India are focusing on the implementation of green technologies and processes to reduce environmental footprint. Companies are focused on increasing the use of natural gas-fired and electrically heated furnaces. The use of induction heating and plasma heating is estimated to rise at a rapid pace over the next few years.