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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Carbon can be swapped out for nitrogen to create high-strength austenitic stainless steels. In addition to being more solid-soluble than carbon, nitrogen also strengthens interstitial solid solutions, enhances pitting corrosion resistance, and has excellent austenite stabilisation and strengthening properties.
Despite the fact that nitrogen is only 0.045 weight percent soluble in liquid iron at 1600 °C and atmospheric pressure, nitrogen levels above 1 weight percent can be achieved through alloying and specialised high-pressure melting processes. Stainless steels' hardness, yield strength, tensile strength, wear resistance, and fatigue resistance are all improved by adding nitrogen to the alloy.
The Global Nitrogen Strengthened stainless steel Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Alloy N60 is a high strength version of the nitrogen-strengthened stainless steel alloy that HPA frequently makes. In comparison to cobalt-bearing and high nickel alloys, N60, a nitrogen-strengthened stainless steel, offers a substantially more affordable method of preventing wear and galling.
In the majority of media, its uniform corrosion resistance is superior to Type 304. Type 316 is not as resistant to chloride pitting. The yield strength at room temperature is almost two times more than that of types 304 and 316.
N60 stainless steel also offers outstanding high-temperature oxidation resistance and low-temperature impact resistance. N60 is a metal that can be used for many different things. Because it was created as a temperature alloy, this completely austenitic alloy has good high temperature characteristics for temperatures around 1800oF. N60 has far better oxidation resistance than Type 304S.S. and is comparable to Type 309 S.S. The wear and galling resistance of this grade is its finest quality.
This alloy now has a matrix that prevents wear, galling, and fretting even in the annealed condition thanks to the additions of silicon and manganese. The material may be cold worked to achieve higher strengths, and even after rigorous cold-working, it retains its entire austenitic properties.
In contrast to what is typical for carbon steels and some stainless steels, this procedure does not improve the anti-galling qualities. The material gains strength and hardness as a result of the cold or hot work done to it, but the wear resistance is not significantly affected.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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