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According to the latest research, the global Clad Plate market size was valued at USD 1626.93 million in 2022 and is expected to expand at a CAGR of 4.14% during the forecast period, reaching USD 2074.9 million by 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.
This report elaborates on the market size, market characteristics, and market growth of the Clad Plate industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Clad Plate. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Clad Plate Market Report Include:
Market Size Estimates: Clad Plate market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Clad Plate market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Clad Plate market
Segment Market Analysis: Clad Plate market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Clad Plate market situations and prospects in major and top regions and countries
Clad Plate Market
Clad Plate Industry Chain: Clad Plate market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Clad Plate Industry News, Policies by regions
Clad Plate Industry Porters Five Forces Analysis
Key players in the global Clad Plate market are covered in Chapter 2:
Nippon Steel
Nanjing Baotai
Jiangsu Debei
AMETEK Specialty Metal Products
Shandong Baode Metal
Xian Tianli
Western Metal Materials
Nobelclad
Voestalpine
JFE
Dalian Shipbuilding
Sichuan Jinglei
JSW
TISCO
In Chapter 6 and Chapter 9, 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 7 and Chapter 10, on the basis of applications, 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 of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Clad Plate market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Clad Plate industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Clad Plate market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Clad Plate industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Clad Plate market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Clad Plate market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Clad Plate market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain 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.
This report elaborates on the market size, market characteristics, and market growth of the Clad Plate industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Clad Plate. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Clad Plate Market Report Include:
Market Size Estimates: Clad Plate market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Clad Plate market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Clad Plate market
Segment Market Analysis: Clad Plate market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Clad Plate market situations and prospects in major and top regions and countries
Clad Plate Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Clad Plate Industry Chain: Clad Plate market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Clad Plate Industry News, Policies by regions
Clad Plate Industry Porters Five Forces Analysis
Key players in the global Clad Plate market are covered in Chapter 2:
Nippon Steel
Nanjing Baotai
Jiangsu Debei
AMETEK Specialty Metal Products
Shandong Baode Metal
Xian Tianli
Western Metal Materials
Nobelclad
Voestalpine
JFE
Dalian Shipbuilding
Sichuan Jinglei
JSW
TISCO
In Chapter 6 and Chapter 9, 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 7 and Chapter 10, on the basis of applications, 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 of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Clad Plate market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Clad Plate industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Clad Plate market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Clad Plate industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Clad Plate market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Clad Plate market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Clad Plate market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain 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.
