Special Steel Market Share 2022 Global Future Regional Trend
Special Steel Market is predicted to reach at USD 393.50 billion by 2028 from USD 222.3 billion in 2021 at an 8.5% CAGR during the forecast period 2022-2028. Likewise, SSAB’s Hardox HiAce (HB 400 level of hardness) special steels prolong the service life of equipment up to three years at lower pH environments and the product can be used in heavy transportation equipment (trailers/trucks), mining (tipper bodies), and construction. This product provides greater wear resistance and improves machinery performance & service life, furthermore, Hardox HiAce, is a new abrasion-resistant steel that fights against wear in acidic corrosive environments. Similarly, SSAB’s introduced the latest Hardox 500 Tuf, which is the new generation wear plate and can be used for tipper bodies, buckets and containers and provides extreme hardness and toughness to the equipment. Moreover, the Hardox wear plate offers prolonged service life, higher payload & lower fuel consumption of machinery and equipm