Metal Heat Treating – Industry Analysis, Statistics, Trends, and Forecasts

SIC 3398 | NAICS 332811

The following guide to industry research and analysis provides sources for industry statistics, trends, and forecasts, financial ratios, salary surveys, and more.

See the following sections listed below to view available resources by category:

Industry Analysis, Statistics, Trends, and Forecasts

Financial Statements and Financial Ratios

Compensation and Salary Surveys

BV Guides and Databases

For guides to other industries, see our index of over 400 industries.

Industry Analysis, Statistics, Trends, and Forecasts

Metal Plating & Treating (view report)
Machine Shops (view report)

Comprehensive industry research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Topics addressed in the reports include:

Market size and major product and service segments
Key industry statistics, trends, and financial ratios
Operating conditions and current performance
Competitive landscape and environment
Major company profiles and market shares
Five-year outlook and growth forecasts

Sample industry research report and selected industry statistics including market size, five-year average growth rate, number of businesses, and total employment are available free online.

BNP Media
Publications available from this organization include:

Industrial Heating Magazine
https://www.industrialheating.com/
Monthly trade publication features news and information for thermal processing professionals, with a primary focus on products, processes, and technology used in high-temperature thermal processing and heat treatment applications, and with special features including the "Economic Indicators" report described below. Current and prior issues of the magazine are available free online with registration.

IH Economic Indicators
https://www.industrialheating.com/
Monthly economic indicators report published in "Industrial Heating" magazine provides index values for the change in number of requests for quotes, number of orders, and backlog from the prior month and the expected change in the health of the industry through the following month, with values above 50 signaling increased activity and below 50 indicating a decrease. Reports are available free online.

Metal Treating Institute (MTI)
Publications available from this trade association include:

Monthly Sales Forecasting Program
https://www.heattreat.net/
Monthly sales forecasting program allows users to compare their sales to MTI member national and regional sales for the most recent month and on a cumulative year-to-date basis for the current year with comparisons to the same periods in the prior year for year-over-year trending purposes. Report is available free to members that provide their monthly sales data; sample report is available online.

Quarterly Forecast Report
https://www.heattreat.net/
Quarterly forecast report provides sales forecasts for total MTI member sales by quarter on a three- month moving average and twelve-month moving average basis over a three-year period along with rate of change figures expressed in terms of the annual percent change in the moving averages for the corresponding periods. Forecast is available to members only; sample report is available online.

Grand View Research
Global Heat Treating Market Size & Share
https://www.grandviewresearch.com/

Comprehensive research report provides a detailed analysis of this market on a global and regional basis, with information provided in the report for the U.S. market including market size and forecast by material (e.g., steel, cast iron), equipment (e.g., fuel-fired, electric), process (e.g., hardening and tempering, case hardening, normalizing), and application (e.g., aerospace, metalworking, machine).

Technavio
Global Heat Treatment Market
https://www.technavio.com/

Market research study provides an in-depth analysis of the market for this service sector on a global basis, with information provided in this report including market size and forecast by end-user market (e.g., aerospace, automotive, and industrial) and vendors profiled including Thermex Metal Treating, Ltd., W.P. Keith Co., Inc., General Metal Heat Treating, Inc., and Bluewater Thermal Solutions LLC.

BizMiner Market Analysis Reports
Metal Heat Treating
https://www.bizminer.com Search for "332811" to see available reports

Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.

More industry research reports»

Financial Statements and Financial Ratios

BizMiner Industry Financial Ratios
Metal Heat Treating
https://www.bizminer.com Search for "332811" to see available reports

Five-year financial statement analysis reports provide income statements, balance sheets, and key industry financial ratios for companies of all sizes, with financial data available by sales size range on a national, state, and metropolitan area level including:

Income and expenses in dollars and percentages
Balance sheets in dollars and percentages
Profitability and return on investment ratios
Liquidity and working capital ratios
Asset turnover and efficiency ratios
Capital structure and debt service ratios

Sample financial ratio analysis can be viewed free online.

IBISWorld Industry Research Reports
Metal Plating & Treating
(see links for individual reports)

Key statistics section of these reports provides detailed income statements and balance sheets on a common-size basis and an array of industry financial ratios, with the financial ratio data presented on an annual basis for the four most recent years for which data is available and on a historical average basis over three-year, five-year, and ten-year time periods. Sample report can be viewed free online.

Metal Treating Institute
Operational Cost Program
http://www.heattreat.net/

Semiannual operational cost report provides information on sales per employee, operating expenses (e.g., labor, utilities, transportation, maintenance, health benefits, and general and administrative) as a percentage of sales, and net profit as a percentage of sales by company size and type (e.g., batch, continuous, or both). Report data is available to members only; sample report is available free online.

More financial benchmarking data»

Compensation and Salary Surveys

Metal Treating Institute
Wage & Benefit Survey
http://www.heattreat.net/

Annual wage and benefits survey provides salary, bonus, and hourly wage information for executive, management, and hourly personnel, with compensation data and benefits information broken out by company's union status (e.g., union, nonunion) and geographic location (e.g., CAN, NE, SESW, GL, MW, and WC). Survey results are available to members only; sample report is available free online.

U.S. Bureau of Labor Statistics
Heat Treating Equipment Setters, Operators, and Tenders
https://www.bls.gov/oes/

Annual wage survey provides hourly and annual wage data on a national, state, and local area basis for production employees who set up, tend, or operate high-temperature processing equipment (e.g., heat-treatment furnaces, flame-hardening equipment, soaking pits, induction machines, and vacuum equipment) used to anneal, harden, or temper metal or plastic items. All data is available free online.

More compensation surveys»

BV Guides and Databases

BVMarketData

Private Company Sales Transaction Databases
https://www.bvresources.com/

Free "Visitor Search" allows users to search the DealStats, BIZCOMPS, and FactSet/BVR databases for private company sales transaction data by SIC or NAICS Code using the following codes:

– SIC Code 3398 - Metal Heat Treating

– NAICS Code 332811 - Metal Heat Treating

Types of establishments included in these codes

Annealing and tempering services - establishments that anneal and temper products to increase their strength, hardness, or ductility. Annealing involves heating products to a specific temperature and then allowing them to cool slowly, while tempering involves heating products to a lower temperature and then cooling them rapidly.

Hardening and case hardening services - establishments that heat treat products to make them harder and more wear-resistant. Hardening involves heating products to a specific temperature and then cooling them rapidly, while case hardening involves heating products in the presence of a carbon-rich material to create a hard outer layer.

Stress relieving services - establishments that heat treat products to reduce internal stress that can cause distortion or cracking during machining or use. Stress relieving involves heating products to a specific temperature and then allowing them to cool slowly.

Spheroidizing services - establishments that heat treat products in order to convert them into a more ductile and machineable form. Spheroidizing involves heating products to a specific temperature and then cooling them slowly to create spherical particles of carbide within the structure of the material.

Vacuum and atmospheric heat treating services - establishments that provide specialized services using either a vacuum or controlled atmosphere environment. Products are heat treated in a vacuum chamber to prevent oxidation or contamination, and they are heat treated in a controlled atmosphere to achieve specific physical properties.

Other heat treating services - establishments that provide a range of other specialized services, such as cryogenic treatment, nitriding, and carburizing. These processes are used to improve the properties of products for specific applications.

Sample reports with detailed sales transaction data and valuation multiples are available free online.

More valuation data»

Related Industries:
Hardware and Fastener Manufacturers
Fabricated Metal Products Manufacturers
Metal Forging and Stamping Manufacturers
Metal Plating and Finishing

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