DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/f5h7zf/global_heat) has announced the addition of the "Global Heat Treating Market 2012-2016" report to their offering.
One of the key factors contributing to this market growth is the need to develop superior-quality products. The Global Heat Treating market has also been witnessing the integration of heat treatment in production lines. However, the need for high initial investment could pose a challenge to the growth of this market.
The key vendors dominating this space include Bodycote plc, Bluewater Thermal Solutions Corp., DOWA Group, and VAC AERO International Inc.
The other vendors mentioned in this report are Aalberts Industries NV, Jones Metal Products Co., Metal Technology Co. Ltd., Nihon Parkerizing Co Ltd., Quality Steel Treating, LLC, and Therelek Engineers Pvt. Ltd.
Commenting on the report, an analyst from the team said: One of the main trends witnessed in the Global Heat Treating market is the integration of heat treatment processes in production lines. As a result of increasing globalization, several companies across industries such as Automotive, Aerospace, and Rail are becoming highly competitive. To increase their operational efficiency, several organizations are streamlining their operational processes. In addition, to develop cost-effective, quality products that are competitive in the international markets, companies are now automating their factory operations for improved business operation. As an operational strategy, companies are integrating heat treatment processes with the production lines. This increases the operational efficiency of manufacturing organizations.
According to the report, one of the main factors driving the market is the need to develop superior quality products. The use of heat treatment processes helps organizations to improve the structural accuracy of a metallic product by enhancing its tensile strength and yield strength. Hence, in order to develop high-precision products, several companies across industries such as Automotive, Aerospace, and General Machinery opt for heat treatment processes.
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