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Chromium Carbide Steel Plate - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031

Chromium Carbide Steel Plate - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031


The global market for Chromium Carbide Steel Plate was estimated to be worth US$ 95.25 million in 2024 and is forecast to a readjusted size of US$ 162 million by 2031 with a CAGR of 9.6% during the... もっと見る

 

 

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Summary

The global market for Chromium Carbide Steel Plate was estimated to be worth US$ 95.25 million in 2024 and is forecast to a readjusted size of US$ 162 million by 2031 with a CAGR of 9.6% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Chromium Carbide Steel Plate cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Chromium carbide steel plate is a wear-resistant composite material made by overlaying a layer of chromium carbide-rich alloy onto a steel base plate, typically through welding or fusion processes. This overlay forms a hard, durable surface that significantly improves the plate’s resistance to abrasion, impact, erosion, and heat, making it ideal for high-wear industrial applications. The high chromium content (often over 25%) in the carbide layer forms hard carbides (Cr₇C₃), delivering excellent hardness (up to 60+ HRC) and extended service life.
These plates are widely used in mining, cement, steel, power generation, and heavy machinery industries for components such as chutes, liners, buckets, and hoppers. Chromium carbide steel plates are favored not only for their durability but also for their ease of fabrication, weldability, and ability to maintain performance in harsh environments. They reduce downtime and maintenance costs in operations exposed to heavy mechanical wear.

In 2024, global chromium carbide steel plate production reached approximately 712.29 k Sq.m, with an average global market price of around US$ 133.72 per Sq.m.
Despite this short-term contraction, the market is projected to recover steadily from 2026 onward, reaching US$162.18 million by 2031. This long-term upward trend suggests growing adoption of wear-resistant solutions driven by industrial expansion in emerging markets, a greater emphasis on equipment longevity and cost-efficiency, and technological improvements in overlay production. As industries continue to prioritize reduced downtime and maintenance costs, Chromium Carbide Steel Plates are expected to play a more critical role in high-wear applications. Overall, the market is transitioning from a temporary adjustment phase into a new cycle of sustainable growth, underpinned by both global infrastructure development and evolving performance requirements across end-use sectors.
Between 2024 and 2031, the regional distribution of Chromium Carbide Steel Plate consumption shows a gradual shift toward Asia-Pacific and North America, while Europe’s share declines slightly. In 2024, Europe holds the largest share at 34.99%, but by 2031, this is expected to fall to 31.34%, possibly due to industrial maturation and slower growth in heavy industry. Meanwhile, Asia-Pacific increases its share from 27.32% to 30.15%, reflecting rising industrial demand, infrastructure expansion, and growing manufacturing output in countries like China, India, and Southeast Asia. North America also sees a modest increase, from 32.93% to 33.79%, suggesting stable demand in mining, energy, and construction sectors.

This report aims to provide a comprehensive presentation of the global market for Chromium Carbide Steel Plate, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Chromium Carbide Steel Plate by region & country, by Type, and by Application.
The Chromium Carbide Steel Plate market size, estimations, and forecasts are provided in terms of sales volume (K Sqm) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 Chromium Carbide Steel Plate.

Market Segmentation
By Company
SSAB
UP Plate
Kalenborn
HART Industry
Shenyang Hard Welding
SAS Global Corporation
Clifton Steel
WALDUN
Castolin Eutectic
ASGCO
Segment by Type
Hardness above 56 HRC
Hardness above 58 HRC
Hardness above 60 HRC
Others
Segment by Application
Construction Machinery
Mining
Industrial
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Chromium Carbide Steel Plate manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Chromium Carbide Steel Plate in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Chromium Carbide Steel Plate in country level. It provides sigmate data by Type, and by Application for each country/region.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.


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Table of Contents

1 Market Overview
1.1 Chromium Carbide Steel Plate Product Introduction
1.2 Global Chromium Carbide Steel Plate Market Size Forecast
1.2.1 Global Chromium Carbide Steel Plate Sales Value (2020-2031)
1.2.2 Global Chromium Carbide Steel Plate Sales Volume (2020-2031)
1.2.3 Global Chromium Carbide Steel Plate Sales Price (2020-2031)
1.3 Chromium Carbide Steel Plate Market Trends & Drivers
1.3.1 Chromium Carbide Steel Plate Industry Trends
1.3.2 Chromium Carbide Steel Plate Market Drivers & Opportunity
1.3.3 Chromium Carbide Steel Plate Market Challenges
1.3.4 Chromium Carbide Steel Plate Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Chromium Carbide Steel Plate Players Revenue Ranking (2024)
2.2 Global Chromium Carbide Steel Plate Revenue by Company (2020-2025)
2.3 Global Chromium Carbide Steel Plate Players Sales Volume Ranking (2024)
2.4 Global Chromium Carbide Steel Plate Sales Volume by Company Players (2020-2025)
2.5 Global Chromium Carbide Steel Plate Average Price by Company (2020-2025)
2.6 Key Manufacturers Chromium Carbide Steel Plate Manufacturing Base and Headquarters
2.7 Key Manufacturers Chromium Carbide Steel Plate Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Chromium Carbide Steel Plate
2.9 Chromium Carbide Steel Plate Market Competitive Analysis
2.9.1 Chromium Carbide Steel Plate Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Chromium Carbide Steel Plate Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Chromium Carbide Steel Plate as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Hardness above 56 HRC
3.1.2 Hardness above 58 HRC
3.1.3 Hardness above 60 HRC
3.1.4 Others
3.2 Global Chromium Carbide Steel Plate Sales Value by Type
3.2.1 Global Chromium Carbide Steel Plate Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Chromium Carbide Steel Plate Sales Value, by Type (2020-2031)
3.2.3 Global Chromium Carbide Steel Plate Sales Value, by Type (%) (2020-2031)
3.3 Global Chromium Carbide Steel Plate Sales Volume by Type
3.3.1 Global Chromium Carbide Steel Plate Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Chromium Carbide Steel Plate Sales Volume, by Type (2020-2031)
3.3.3 Global Chromium Carbide Steel Plate Sales Volume, by Type (%) (2020-2031)
3.4 Global Chromium Carbide Steel Plate Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Construction Machinery
4.1.2 Mining
4.1.3 Industrial
4.1.4 Others
4.2 Global Chromium Carbide Steel Plate Sales Value by Application
4.2.1 Global Chromium Carbide Steel Plate Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Chromium Carbide Steel Plate Sales Value, by Application (2020-2031)
4.2.3 Global Chromium Carbide Steel Plate Sales Value, by Application (%) (2020-2031)
4.3 Global Chromium Carbide Steel Plate Sales Volume by Application
4.3.1 Global Chromium Carbide Steel Plate Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Chromium Carbide Steel Plate Sales Volume, by Application (2020-2031)
4.3.3 Global Chromium Carbide Steel Plate Sales Volume, by Application (%) (2020-2031)
4.4 Global Chromium Carbide Steel Plate Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Chromium Carbide Steel Plate Sales Value by Region
5.1.1 Global Chromium Carbide Steel Plate Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Chromium Carbide Steel Plate Sales Value by Region (2020-2025)
5.1.3 Global Chromium Carbide Steel Plate Sales Value by Region (2026-2031)
5.1.4 Global Chromium Carbide Steel Plate Sales Value by Region (%), (2020-2031)
5.2 Global Chromium Carbide Steel Plate Sales Volume by Region
5.2.1 Global Chromium Carbide Steel Plate Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Chromium Carbide Steel Plate Sales Volume by Region (2020-2025)
5.2.3 Global Chromium Carbide Steel Plate Sales Volume by Region (2026-2031)
5.2.4 Global Chromium Carbide Steel Plate Sales Volume by Region (%), (2020-2031)
5.3 Global Chromium Carbide Steel Plate Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Chromium Carbide Steel Plate Sales Value, 2020-2031
5.4.2 North America Chromium Carbide Steel Plate Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Chromium Carbide Steel Plate Sales Value, 2020-2031
5.5.2 Europe Chromium Carbide Steel Plate Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Chromium Carbide Steel Plate Sales Value, 2020-2031
5.6.2 Asia Pacific Chromium Carbide Steel Plate Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Chromium Carbide Steel Plate Sales Value, 2020-2031
5.7.2 South America Chromium Carbide Steel Plate Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Chromium Carbide Steel Plate Sales Value, 2020-2031
5.8.2 Middle East & Africa Chromium Carbide Steel Plate Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Chromium Carbide Steel Plate Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Chromium Carbide Steel Plate Sales Value and Sales Volume
6.2.1 Key Countries/Regions Chromium Carbide Steel Plate Sales Value, 2020-2031
6.2.2 Key Countries/Regions Chromium Carbide Steel Plate Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Chromium Carbide Steel Plate Sales Value, 2020-2031
6.3.2 United States Chromium Carbide Steel Plate Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Chromium Carbide Steel Plate Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Chromium Carbide Steel Plate Sales Value, 2020-2031
6.4.2 Europe Chromium Carbide Steel Plate Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Chromium Carbide Steel Plate Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Chromium Carbide Steel Plate Sales Value, 2020-2031
6.5.2 China Chromium Carbide Steel Plate Sales Value by Type (%), 2024 VS 2031
6.5.3 China Chromium Carbide Steel Plate Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Chromium Carbide Steel Plate Sales Value, 2020-2031
6.6.2 Japan Chromium Carbide Steel Plate Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Chromium Carbide Steel Plate Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Chromium Carbide Steel Plate Sales Value, 2020-2031
6.7.2 South Korea Chromium Carbide Steel Plate Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Chromium Carbide Steel Plate Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Chromium Carbide Steel Plate Sales Value, 2020-2031
6.8.2 Southeast Asia Chromium Carbide Steel Plate Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Chromium Carbide Steel Plate Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Chromium Carbide Steel Plate Sales Value, 2020-2031
6.9.2 India Chromium Carbide Steel Plate Sales Value by Type (%), 2024 VS 2031
6.9.3 India Chromium Carbide Steel Plate Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 SSAB
7.1.1 SSAB Company Information
7.1.2 SSAB Introduction and Business Overview
7.1.3 SSAB Chromium Carbide Steel Plate Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 SSAB Chromium Carbide Steel Plate Product Offerings
7.1.5 SSAB Recent Development
7.2 UP Plate
7.2.1 UP Plate Company Information
7.2.2 UP Plate Introduction and Business Overview
7.2.3 UP Plate Chromium Carbide Steel Plate Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 UP Plate Chromium Carbide Steel Plate Product Offerings
7.2.5 UP Plate Recent Development
7.3 Kalenborn
7.3.1 Kalenborn Company Information
7.3.2 Kalenborn Introduction and Business Overview
7.3.3 Kalenborn Chromium Carbide Steel Plate Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Kalenborn Chromium Carbide Steel Plate Product Offerings
7.3.5 Kalenborn Recent Development
7.4 HART Industry
7.4.1 HART Industry Company Information
7.4.2 HART Industry Introduction and Business Overview
7.4.3 HART Industry Chromium Carbide Steel Plate Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 HART Industry Chromium Carbide Steel Plate Product Offerings
7.4.5 HART Industry Recent Development
7.5 Shenyang Hard Welding
7.5.1 Shenyang Hard Welding Company Information
7.5.2 Shenyang Hard Welding Introduction and Business Overview
7.5.3 Shenyang Hard Welding Chromium Carbide Steel Plate Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Shenyang Hard Welding Chromium Carbide Steel Plate Product Offerings
7.5.5 Shenyang Hard Welding Recent Development
7.6 SAS Global Corporation
7.6.1 SAS Global Corporation Company Information
7.6.2 SAS Global Corporation Introduction and Business Overview
7.6.3 SAS Global Corporation Chromium Carbide Steel Plate Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 SAS Global Corporation Chromium Carbide Steel Plate Product Offerings
7.6.5 SAS Global Corporation Recent Development
7.7 Clifton Steel
7.7.1 Clifton Steel Company Information
7.7.2 Clifton Steel Introduction and Business Overview
7.7.3 Clifton Steel Chromium Carbide Steel Plate Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Clifton Steel Chromium Carbide Steel Plate Product Offerings
7.7.5 Clifton Steel Recent Development
7.8 WALDUN
7.8.1 WALDUN Company Information
7.8.2 WALDUN Introduction and Business Overview
7.8.3 WALDUN Chromium Carbide Steel Plate Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 WALDUN Chromium Carbide Steel Plate Product Offerings
7.8.5 WALDUN Recent Development
7.9 Castolin Eutectic
7.9.1 Castolin Eutectic Company Information
7.9.2 Castolin Eutectic Introduction and Business Overview
7.9.3 Castolin Eutectic Chromium Carbide Steel Plate Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Castolin Eutectic Chromium Carbide Steel Plate Product Offerings
7.9.5 Castolin Eutectic Recent Development
7.10 ASGCO
7.10.1 ASGCO Company Information
7.10.2 ASGCO Introduction and Business Overview
7.10.3 ASGCO Chromium Carbide Steel Plate Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 ASGCO Chromium Carbide Steel Plate Product Offerings
7.10.5 ASGCO Recent Development
8 Industry Chain Analysis
8.1 Chromium Carbide Steel Plate Industrial Chain
8.2 Chromium Carbide Steel Plate Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Chromium Carbide Steel Plate Sales Model
8.5.2 Sales Channel
8.5.3 Chromium Carbide Steel Plate Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

 

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