India Heat Treating Market Report and Forecast 2025-2034
Market Report I 2025-05-29 I 130 Pages I EMR Inc.
The India heat treating market is projected to reach a value of USD 5.46 Billion in 2024. It is projected to grow at a CAGR of 7.10% between 2025 and 2034 to reach USD 10.84 Billion by 2034.
India Heat Treating Market Outlook
- It is anticipated that the Indian aerospace & defence (A&D) sector will reach approximately USD 70 billion by 2030.
- During July-September 2023, the construction sector in India grew by 13.3% as compared to the same period in 2022.
- In FY23, the automotive sector in India witnessed 12.5% growth reaching 2,38,53,463 units.
India Heat Treating Market Growth
Heat treating is being widely adopted to modify or enhance the properties of a particular application. Steel companies across India expose their steel towards heat treatment to change the uneven grains into uniform sizes and shapes and reduce their strength and toughness. The expansion of the automotive sector in India is significantly contributing to the growth of India heat-treating market. In FY23, the total annual production of automobiles in India was 25.9 million. According to the World Steel Organisation, about 900 kg of steel is used in a single vehicle. The automotive sector makes use of heat treating majorly to manufacture wheel bearings, gear, rings, shafts, and bushings.
The heat treatment of steel changes its properties, improving its hardness and enhancing other properties such as toughness and ductility. The improvement in such properties is important for the production of gears, tools, and other machine parts. Normalising, a kind of heat treatment, is carried out to improve the microstructure of metals.
The major steel producing states in India are Odisha, Jharkhand, West Bengal, and Chhattisgarh. Additionally, the major states with automobile production include Andhra Pradesh, Gujarat, Haryana, and Karnataka, among others. The increasing steel production for use in the automobile, aerospace and construction sectors in India is supporting the market for heat treating.
India Heat Treating Industry Segmentation
India Heat Treating Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Material:
- Steel
- Cast Iron
- Others
Market Breakup by Process:
- Hardening and Tempering
- Case Hardening
- Annealing
- Normalising
- Others
Market Breakup by Equipment:
- Fuel-fired Furnace
- Electrically heated Furnace
- Others
Market Breakup by Application:
- Automotive
- Aerospace
- Metalworking
- Machine
- Construction
- Others
Market Breakup by Region:
- North India
- East and Central India
- West India
- South India
India Heat Treating Market Share
Based on region, the market is divided into North India, East and Central India, West India, and South India. Among these, West India is projected to be the fastest growing market, expanding at a CAGR of 7.8% during 2025-2034. Meanwhile, East and Central India is expected to grow significantly, due to the presence of a large number of metal working industries, significant automobile manufacturing, and increasing construction activities.
Leading Companies in the India Heat Treating Market
The market participants are integrating advanced technologies for precision and improved performance of metals with heat treatment.
- Uddeholm India
- Kern-Liebers (India) Private Limited.
- Unitherm Engineers Limited
- Ambattur Heat Treaters Pvt. Ltd.
- Super Heat Treatment Plant
- Wesman Engineering Co. Pvt. Ltd.
- Deck India Engineering Pvt. Ltd.
- Others
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 India Heat Treating Market Analysis
5.1 Key Industry Highlights
5.2 India Heat Treating Historical Market (2018-2024)
5.3 India Heat Treating Market Forecast (2025-2034)
6 India Heat Treating Market by Material
6.1 Steel
6.1.1 Historical Trend (2018-2024)
6.1.2 Forecast Trend (2025-2034)
6.2 Cast Iron
6.2.1 Historical Trend (2018-2024)
6.2.2 Forecast Trend (2025-2034)
6.3 Others
7 India Heat Treating Market by Process
7.1 Hardening and Tempering
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Case Hardening
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 Annealing
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Normalising
7.4.1 Historical Trend (2018-2024)
7.4.2 Forecast Trend (2025-2034)
7.5 Others
8 India Heat Treating Market by Equipment
8.1 Fuel-fired Furnace
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Electrically heated Furnace
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 Others
9 India Heat Treating Market by Application
9.1 Automotive
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Aerospace
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Metalworking
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Machine
9.4.1 Historical Trend (2018-2024)
9.4.2 Forecast Trend (2025-2034)
9.5 Construction
9.5.1 Historical Trend (2018-2024)
9.5.2 Forecast Trend (2025-2034)
9.6 Others
10 India Heat Treating Market by Region
10.1 North India
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 East and Central India
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 West India
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 South India
10.4.1 Historical Trend (2018-2024)
10.4.2 Forecast Trend (2025-2034)
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter's Five Forces Analysis
11.2.1 Supplier's Power
11.2.2 Buyer's Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Competitive Landscape
12.1 Supplier Selection
12.2 Key Global Players
12.3 Key Regional Players
12.4 Key Player Strategies
12.5 Company Profiles
12.5.1 Uddeholm India
12.5.1.1 Company Overview
12.5.1.2 Product Portfolio
12.5.1.3 Demographic Reach and Achievements
12.5.1.4 Certifications
12.5.2 Kern-Liebers (India) Private Limited.
12.5.2.1 Company Overview
12.5.2.2 Product Portfolio
12.5.2.3 Demographic Reach and Achievements
12.5.2.4 Certifications
12.5.3 Unitherm Engineers Limited
12.5.3.1 Company Overview
12.5.3.2 Product Portfolio
12.5.3.3 Demographic Reach and Achievements
12.5.3.4 Certifications
12.5.4 Ambattur Heat Treaters Pvt. Ltd.
12.5.4.1 Company Overview
12.5.4.2 Product Portfolio
12.5.4.3 Demographic Reach and Achievements
12.5.4.4 Certifications
12.5.5 Super Heat Treatment Plant
12.5.5.1 Company Overview
12.5.5.2 Product Portfolio
12.5.5.3 Demographic Reach and Achievements
12.5.5.4 Certifications
12.5.6 Wesman Engineering Co. Pvt. Ltd.
12.5.6.1 Company Overview
12.5.6.2 Product Portfolio
12.5.6.3 Demographic Reach and Achievements
12.5.6.4 Certifications
12.5.7 Deck India Engineering Pvt. Ltd.
12.5.7.1 Company Overview
12.5.7.2 Product Portfolio
12.5.7.3 Demographic Reach and Achievements
12.5.7.4 Certifications
12.5.8 Others
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