Maraging Steel Market (Updated Version Available)

Maraging steel is 18% nickel, cobalt strengthened steel (C-type) with excellent properties, workability and heat treatment characteristics. Maraging is double vacuum melted by VIM (Vacuum Induction Melt) followed by VAR (Vacuum Arc Remelt). Maraging material is supplied in the annealed and descaled condition. The alloy is very tough, relatively soft (RC 30/35), readily machined or formed. Maraging provides a high value for critical parts in aerospace, structural, component and tooling Application.
The global average price of Maraging Steel is fluctuating, from 32.2 USD/Kg in 2012 to 29.8 USD/Kg in 2016. With the situation of global economy, prices will be in fluctuating trend in the following five years.
The classification of Maraging Steel includes Grade 200, Grade 250, Grade 300 and Grade 350. Maraging steels tend to be described by a number (200, 250, 300 or 350), which indicates the approximate nominal tensile strength in thousands of pounds per square inch; the compositions and required properties are defined in MIL-S-46850D. The higher grades have more cobalt and titanium in the alloy; the compositions below are taken from table 1 of MIL-S-46850D.The proportion of Grade 200 in 2016 is about 30.1%, and the proportion of Grade 250 in 2016 is about 27.9%.

Maraging Steel is application in Aerospace, Hydrospace and Tooling. The proportion of Maraging Steel used in Aerospace is about 47.9% in 2016.
Market competition is not intense. Hitachi Metals, Universal Stainless, Villares Metals, etc. are the major manufacturers of Maraging Steel. Maraging steel can also be defined as aged steel which is treated with heat and other techniques to cool slowly for strong materials. There is high scope for the Maraging Steel Market in various regions across the globe in the upcoming years..


The report offers detailed coverage of Maraging Steel industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Maraging Steel by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Maraging Steel market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Maraging Steel market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Hitachi Metals
Universal Stainless
Villares Metals
Dongbei Special Steel Group
NIPPON KOSHUHA
Bao steel
Daido Steel
Aubert & Dural
Bohler

At the same time, we classify Maraging Steel according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Grade 200
Grade 250
Grade 300
Grade 350
Market by Application
Aerospace
Hydrospace
Tooling

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Maraging Steel market for the forecast period 2021 - 2025?
• What are the driving forces in the Maraging Steel market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Maraging Steel industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?