Global Maraging Steel Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

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.
According to our (Global Info Research) latest study, the global Maraging Steel market size was valued at USD 15 million in 2022 and is forecast to a readjusted size of USD 21 million by 2029 with a CAGR of 4.3% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major global producers of maraging Steel include Hitachi Metals, Universal Stainless, Villares Metals, Dongbei Special Steel Group, Nippon Koshuha, Bao Steel, Daido Steel, Aubert & Dural and Bohler, which together account for over 90% of the market share. Japan is the largest supplier of maraging steel, with a market share of nearly 35%. China is the second largest supplier of maraging steel, with a market share of about 22%. North America is the biggest consumer, with a market share of nearly 30%. Europe is the second largest consumer market after North America, with a consumer market share of 26%.
This report is a detailed and comprehensive analysis for global Maraging Steel market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Maraging Steel market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (K USD/MT), 2018-2029
Global Maraging Steel market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (K USD/MT), 2018-2029
Global Maraging Steel market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (K USD/MT), 2018-2029
Global Maraging Steel market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (K USD/MT), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Maraging Steel
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Maraging Steel market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hitachi Metals, Universal Stainless, Villares Metals, Dongbei Special Steel Group and NIPPON KOSHUHA, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Maraging Steel market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
    Grade 200
    Grade 250
    Grade 300
    Grade 350
Market segment by Application
    Aerospace
    Hydrospace
    Tooling
Major players covered
    Hitachi Metals
    Universal Stainless
    Villares Metals
    Dongbei Special Steel Group
    NIPPON KOSHUHA
    Bao steel
    Daido Steel
    Aubert & Dural
    Bohler
Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Maraging Steel product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Maraging Steel, with price, sales, revenue and global market share of Maraging Steel from 2018 to 2023.
Chapter 3, the Maraging Steel competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Maraging Steel breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Maraging Steel market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Maraging Steel.
Chapter 14 and 15, to describe Maraging Steel sales channel, distributors, customers, research findings and conclusion.