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The global Clad Plate market size was valued at USD 1626.93 Million in 2022 and will reach USD 2074.9 Million in 2028, with a CAGR of 4.14% during 2022-2028.
The clad plate is a multi-layer plate that combines a carbon or low alloy steel plate (backing or backer) with a thin layer of corrosion-resistant grade (cladding or clad). Clad plate combines the high mechanical properties of the backing and the high corrosion resistance of the cladding. The clad plate is produced by bonding two or more metals together into a single steel sheet or plate. Depending on specific requirements, various cladding or backing materials such as a specialty metal, like copper or stainless steel, can be roll or fusion bonded to a base metal, such as carbon steel or low alloy steel, to produce a metallurgical-bonded clad.
Clad Plate Industry Trends
With the continuous progress of global equipment manufacturing technology and the development of the chemical industry, the application fields of Clad Plate will continue to expand. For example, the cost of titanium steel composite plate is slightly lower than the price of titanium plate. Metal Clad Plate is currently mainly used in chemical, power, metallurgy, environmental protection and other industries, and there are many areas to be developed. With the continuous development of application scenarios, the market demand for metal composite materials is also expanding day by day, and the market space is broad. For example: nuclear spent fuel processing, nuclear power, molten salt reactor power generation, artificial solar, hydrogen energy and other emerging industries; traditional energy industries such as LNG and petroleum ships; composite panels for aerospace (satellites, aircraft, naval vessels); composite materials for civil life ; Composite materials for electronic polysilicon; composite materials for oil pipelines; high-quality and high-reliability composite materials for explosive composites instead of surfacing welding; aluminum/titanium/steel connectors in the civil shipbuilding industry; marine engineering equipment and platforms; new technologies for special-shaped link materials Application industry.
Nowadays, coal coking, coal gasification, synthetic ammonia, and chemical fertilizers have become important coal chemical industries and have been continuously and rapidly developed. The introduction and development of coal chemical industry technologies such as methanol to olefins and coal to oil have accelerated the speed of industrialization. For the coal coking industry, because pipelines and equipment have been exposed to high temperature and corrosive environment for a long time, equipment corrosion is serious. The service life will be greatly reduced. Therefore, improving the corrosion resistance of the equipment, extending the service life of the equipment, and reducing the production cost of the enterprise are important means to improve the competitiveness of the enterprise. The demand for downstream applications of Clad Plate will increase.
Clad Plate Growth Drivers
Metal Clad Plate is a composite material formed by metallurgical bonding of metals with different properties at the interface using various composite technologies. Through appropriate material selection and reasonable structural design, metal Clad Plate can greatly improve the thermal expansion, strength, toughness, wear resistance, corrosion resistance, electrical properties, magnetic properties and many other properties of a single metal material, so it is widely used. It is widely used in petroleum, chemical, shipbuilding, metallurgy, electric power, water conservancy, transportation, environmental protection, food, pharmaceutical and other industrial fields. With the continuous advancement of industrial development technology, the production environment requirements are becoming more and more stringent, and the requirements for participating metal materials will also become higher and higher, which will further promote the demand for Clad Plate.
Region Overview:
From 2022-2027, China is estimated to witness robust growth prospects.
Company Overview:
Voestalpine is one of the major players operating in the Clad Plate market, holding a share of 11.96% in 2021.
Voestalpine
The company is active in steel, automotive, railway systems, profilform and tool steel industries.
TISCO has formed a high-efficiency, energy-saving and long-life steel product cluster based on stainless steel, cold-rolled silicon steel, and high-strength series steels. Stainless steel products cover the full range of strip type line tubes, ultra-wide, ultra-thick and ultra-thin limit specifications, high-precision tip steel, shredded steel, nuclear power steel, railway steel, duplex stainless steel, high-grade silicon steel for new energy vehicles, etc. The products are well-known at home and abroad.
Segmentation Overview:
Among different product types, Explosion Bonded Clad Plate segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Oil and Gas segment occupied the biggest share from 2017 to 2022.
The Clad Plate market report covers sufficient and comprehensive data on market introduction, segmentations, status and trends, opportunities and challenges, industry chain, competitive analysis, company profiles, and trade statistics, etc. It provides in-depth and all-scale analysis of each segment of types, applications, players, 5 major regions and sub-division of major countries, and sometimes end user, channel, technology, as well as other information individually tailored before order confirmation.
Meticulous research and analysis were conducted during the preparation process of the report. The qualitative and quantitative data were gained and verified through primary and secondary sources, which include but not limited to Magazines, Press Releases, Paid Databases, Maia Data Center, National Customs, Annual Reports, Public Databases, Expert interviews, etc. Besides, primary sources include extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs, and marketing executives, downstream distributors, as well as end-clients.
In this report, the historical period starts from 2018 to 2022, and the forecast period ranges from 2023 to 2028. The facts and data are demonstrated by tables, graphs, pie charts, and other pictorial representations, which enhances the effective visual representation and decision-making capabilities for business strategy.
Key Companies in the global Clad Plate market covered in Chapter 4:
TISCO
Western Metal Materials
AMETEK Specialty Metal Products
Nobelclad
Jiangsu Debei
Nanjing Baotai
JFE
Nippon Steel
Sichuan Jinglei
Shandong Baode Metal
Xian Tianli
JSW
Voestalpine
Dalian Shipbuilding
In Chapter 12 and Chapter 14.1, on the basis of types, the Clad Plate market from 2018 to 2028 is primarily split into:
Explosion Bonded Clad Plate
Roll Bonded Clad Plate
Others
In Chapter 13 and Chapter 14.2, on the basis of the Downstream Industry, the Clad Plate market from 2018 to 2028 covers:
Oil and Gas
Chemical Industry
Water Treatment
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, history and forecast (2018-2028) of the following regions are covered in Chapters 6, 7, 8, 9, 10, 11, 15:
North America (United States, Canada, Mexico)
Europe (Germany, United Kingdom, France, Italy, Spain)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina)
Middle East & Africa (Saudi Arabia, UAE, South Africa)
Outline:
Chapter 1 begins with the Clad Plate market scope and definition, product segment introduction, global overall market size, as well as market dynamics scenarios such as opportunities, challenges, and industry development trends under inflation. It offers a high-level view of the current state of the Clad Plate market and its likely evolution in the short to mid-term and long term.
Chapter 2 provides Clad Plate industry chain analysis, covering raw materials analysis, cost structure, price estimate, and forecast, along with price-impacting factors, downstream channels, and major customers. It aims to help readers to grab insights into product upstream, midstream, and downstream fields.
Chapter 3 depicts Clad Plate industry competitive analysis regarding market concentration rate, saturation rate, feasibility analysis from new entrants, as well as substitute's status and trends. It indicates the developing space and prospects of the current industry.
Chapter 4 analyzes extensive company profiles, comprising company basic info, product or service profiles, and sales, price, value, gross, and gross margin 2018-2023. It incorporates the Clad Plate market ranking, benchmarks, and company business portfolio.
Chapter 5 presents trade statistics of import and export volume from 2018-2023, demonstrating domestic and international market comparisons in specific countries.
Chapters 6-10 highlight Clad Plate market status at the regional and country levels, including 5 major regions of North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The region and country list in the sample is only for reference, and it can be adjusted as required.
Chapter 11 involves geographical market figures of sales, value, market share, and growth rate. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of each specific region.
Chapters 12-13 evaluate the Clad Plate market based on different types and applications. It focuses on sales and value of 2018-2023 from both vertical and horizontal perspectives.
Chapters 14-15 elaborate on the Clad Plate market forecast data from 2023-2028, segmented by types and applications, regions, and major countries, helping readers to know future aspects and growth trends.
Chapter 16 ends with an elaboration of data sources and research methodology. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
2022
The clad plate is a multi-layer plate that combines a carbon or low alloy steel plate (backing or backer) with a thin layer of corrosion-resistant grade (cladding or clad). Clad plate combines the high mechanical properties of the backing and the high corrosion resistance of the cladding. The clad plate is produced by bonding two or more metals together into a single steel sheet or plate. Depending on specific requirements, various cladding or backing materials such as a specialty metal, like copper or stainless steel, can be roll or fusion bonded to a base metal, such as carbon steel or low alloy steel, to produce a metallurgical-bonded clad.
Clad Plate Industry Trends
With the continuous progress of global equipment manufacturing technology and the development of the chemical industry, the application fields of Clad Plate will continue to expand. For example, the cost of titanium steel composite plate is slightly lower than the price of titanium plate. Metal Clad Plate is currently mainly used in chemical, power, metallurgy, environmental protection and other industries, and there are many areas to be developed. With the continuous development of application scenarios, the market demand for metal composite materials is also expanding day by day, and the market space is broad. For example: nuclear spent fuel processing, nuclear power, molten salt reactor power generation, artificial solar, hydrogen energy and other emerging industries; traditional energy industries such as LNG and petroleum ships; composite panels for aerospace (satellites, aircraft, naval vessels); composite materials for civil life ; Composite materials for electronic polysilicon; composite materials for oil pipelines; high-quality and high-reliability composite materials for explosive composites instead of surfacing welding; aluminum/titanium/steel connectors in the civil shipbuilding industry; marine engineering equipment and platforms; new technologies for special-shaped link materials Application industry.
Nowadays, coal coking, coal gasification, synthetic ammonia, and chemical fertilizers have become important coal chemical industries and have been continuously and rapidly developed. The introduction and development of coal chemical industry technologies such as methanol to olefins and coal to oil have accelerated the speed of industrialization. For the coal coking industry, because pipelines and equipment have been exposed to high temperature and corrosive environment for a long time, equipment corrosion is serious. The service life will be greatly reduced. Therefore, improving the corrosion resistance of the equipment, extending the service life of the equipment, and reducing the production cost of the enterprise are important means to improve the competitiveness of the enterprise. The demand for downstream applications of Clad Plate will increase.
Clad Plate Growth Drivers
Metal Clad Plate is a composite material formed by metallurgical bonding of metals with different properties at the interface using various composite technologies. Through appropriate material selection and reasonable structural design, metal Clad Plate can greatly improve the thermal expansion, strength, toughness, wear resistance, corrosion resistance, electrical properties, magnetic properties and many other properties of a single metal material, so it is widely used. It is widely used in petroleum, chemical, shipbuilding, metallurgy, electric power, water conservancy, transportation, environmental protection, food, pharmaceutical and other industrial fields. With the continuous advancement of industrial development technology, the production environment requirements are becoming more and more stringent, and the requirements for participating metal materials will also become higher and higher, which will further promote the demand for Clad Plate.
Region Overview:
From 2022-2027, China is estimated to witness robust growth prospects.
Company Overview:
Voestalpine is one of the major players operating in the Clad Plate market, holding a share of 11.96% in 2021.
Voestalpine
The company is active in steel, automotive, railway systems, profilform and tool steel industries.
TISCO has formed a high-efficiency, energy-saving and long-life steel product cluster based on stainless steel, cold-rolled silicon steel, and high-strength series steels. Stainless steel products cover the full range of strip type line tubes, ultra-wide, ultra-thick and ultra-thin limit specifications, high-precision tip steel, shredded steel, nuclear power steel, railway steel, duplex stainless steel, high-grade silicon steel for new energy vehicles, etc. The products are well-known at home and abroad.
Segmentation Overview:
Among different product types, Explosion Bonded Clad Plate segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Oil and Gas segment occupied the biggest share from 2017 to 2022.
The Clad Plate market report covers sufficient and comprehensive data on market introduction, segmentations, status and trends, opportunities and challenges, industry chain, competitive analysis, company profiles, and trade statistics, etc. It provides in-depth and all-scale analysis of each segment of types, applications, players, 5 major regions and sub-division of major countries, and sometimes end user, channel, technology, as well as other information individually tailored before order confirmation.
Meticulous research and analysis were conducted during the preparation process of the report. The qualitative and quantitative data were gained and verified through primary and secondary sources, which include but not limited to Magazines, Press Releases, Paid Databases, Maia Data Center, National Customs, Annual Reports, Public Databases, Expert interviews, etc. Besides, primary sources include extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs, and marketing executives, downstream distributors, as well as end-clients.
In this report, the historical period starts from 2018 to 2022, and the forecast period ranges from 2023 to 2028. The facts and data are demonstrated by tables, graphs, pie charts, and other pictorial representations, which enhances the effective visual representation and decision-making capabilities for business strategy.
Key Companies in the global Clad Plate market covered in Chapter 4:
TISCO
Western Metal Materials
AMETEK Specialty Metal Products
Nobelclad
Jiangsu Debei
Nanjing Baotai
JFE
Nippon Steel
Sichuan Jinglei
Shandong Baode Metal
Xian Tianli
JSW
Voestalpine
Dalian Shipbuilding
In Chapter 12 and Chapter 14.1, on the basis of types, the Clad Plate market from 2018 to 2028 is primarily split into:
Explosion Bonded Clad Plate
Roll Bonded Clad Plate
Others
In Chapter 13 and Chapter 14.2, on the basis of the Downstream Industry, the Clad Plate market from 2018 to 2028 covers:
Oil and Gas
Chemical Industry
Water Treatment
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, history and forecast (2018-2028) of the following regions are covered in Chapters 6, 7, 8, 9, 10, 11, 15:
North America (United States, Canada, Mexico)
Europe (Germany, United Kingdom, France, Italy, Spain)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina)
Middle East & Africa (Saudi Arabia, UAE, South Africa)
Outline:
Chapter 1 begins with the Clad Plate market scope and definition, product segment introduction, global overall market size, as well as market dynamics scenarios such as opportunities, challenges, and industry development trends under inflation. It offers a high-level view of the current state of the Clad Plate market and its likely evolution in the short to mid-term and long term.
Chapter 2 provides Clad Plate industry chain analysis, covering raw materials analysis, cost structure, price estimate, and forecast, along with price-impacting factors, downstream channels, and major customers. It aims to help readers to grab insights into product upstream, midstream, and downstream fields.
Chapter 3 depicts Clad Plate industry competitive analysis regarding market concentration rate, saturation rate, feasibility analysis from new entrants, as well as substitute's status and trends. It indicates the developing space and prospects of the current industry.
Chapter 4 analyzes extensive company profiles, comprising company basic info, product or service profiles, and sales, price, value, gross, and gross margin 2018-2023. It incorporates the Clad Plate market ranking, benchmarks, and company business portfolio.
Chapter 5 presents trade statistics of import and export volume from 2018-2023, demonstrating domestic and international market comparisons in specific countries.
Chapters 6-10 highlight Clad Plate market status at the regional and country levels, including 5 major regions of North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The region and country list in the sample is only for reference, and it can be adjusted as required.
Chapter 11 involves geographical market figures of sales, value, market share, and growth rate. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of each specific region.
Chapters 12-13 evaluate the Clad Plate market based on different types and applications. It focuses on sales and value of 2018-2023 from both vertical and horizontal perspectives.
Chapters 14-15 elaborate on the Clad Plate market forecast data from 2023-2028, segmented by types and applications, regions, and major countries, helping readers to know future aspects and growth trends.
Chapter 16 ends with an elaboration of data sources and research methodology. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
