The Global Wear-resistant Steel Plate for Dump Truck Market was valued at US$ 79 Million in 2023 and is projected to reach US$ 102.2 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 3.9% during the forecast period (2024–2030). This growth is primarily driven by expanding mining activities, large-scale infrastructure development projects globally, and the increasing demand for durable, long-lasting materials in heavy machinery to reduce operational downtime and maintenance costs.

As the mining and construction industries continue to demand higher efficiency and equipment longevity, the focus intensifies on the advanced materials that form the backbone of heavy-duty vehicles. These specialized steel plates are critical for components like dump truck bodies, liners, and buckets, which endure extreme abrasion and impact. In this blog, we profile the Top 10 Companies in the Wear-resistant Steel Plate for Dump Truck Industry—steel giants and specialized manufacturers who are setting the benchmark for durability and performance.

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Wear-resistant Steel Plate for Dump Truck Market – View in Detailed Research Report

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🔟 1. SSAB

Headquarters: Stockholm, Sweden
Key Offering: Hardox® Wear Plate, Armox® Armor Plate

SSAB is a global leader in high-strength and wear-resistant steels, with its Hardox® brand being the industry standard for dump truck applications. Their products are renowned for exceptional hardness, toughness, and longevity, significantly extending the service life of equipment in the most demanding environments like mining and quarrying.

Innovation and Sustainability Initiatives:

• Pioneering fossil-free steel production (HYBRIT initiative)

• Continuous development of next-generation Hardox® grades with improved wear resistance

• Global service center network providing processing and technical support

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9️⃣ 2. JFE Steel Corporation

Headquarters: Tokyo, Japan
Key Offering: JFE EVERHARD® Series

JFE Steel is a major Japanese producer offering the JFE EVERHARD® series of wear-resistant steel plates. These plates are engineered for high abrasion resistance and are widely used in dump truck bodies, crushers, and excavators, particularly in the Asia-Pacific mining sector.

Innovation and Sustainability Initiatives:

• Development of high-hardness plates with superior weldability

• Investment in advanced quenching and tempering technologies

• Commitment to reducing CO2 emissions in steelmaking processes

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8️⃣ 3. ThyssenKrupp AG

Headquarters: Essen, Germany
Key Offering: XAR®, RAEX®

ThyssenKrupp Materials Services is a key distributor and processor of high-grade materials, including its renowned XAR® and RAEX® wear-resistant steel plates. These products are specified for their consistent quality and performance in heavy-duty mining equipment across Europe and the Americas.

Innovation and Sustainability Initiatives:

• Focus on circular economy through material recycling and efficient processing

• Provision of value-added services like laser cutting and bending

Download FREE Sample Report:
Wear-resistant Steel Plate for Dump Truck Market – View in Detailed Research Report

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7️⃣ 4. Dillinger

Headquarters: Dillingen, Germany
Key Offering: DILLIDUR® Wear-Resistant Steels

Dillinger is a leading German steel producer specializing in heavy plate. The DILLIDUR® series offers excellent wear resistance and is extensively used in the construction of dump truck bodies that are subjected to severe abrasive wear from ores and rocks.

Innovation and Sustainability Initiatives:

• Production of ultra-high-strength plates for lightweighting applications

• Strong focus on sustainable steel production and green steel initiatives

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6️⃣ 5. Bisalloy Steels

Headquarters: Unanderra, Australia
Key Offering: Bisalloy® Wear Plates (Bis400, Bis500, Bis600)

Bisalloy Steels is a premier Australian manufacturer of quenched and tempered, high-strength, and wear-resistant steels. Its products are essential for the mining industry in Australia, one of the world’s largest mining regions, providing critical protection for dump truck trays and liners.

Innovation and Sustainability Initiatives:

• Localized production supporting the Australasian mining sector

• Development of specialized grades for extreme mining conditions

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5️⃣ 6. ArcelorMittal

Headquarters: Luxembourg City, Luxembourg
Key Offering: ArcelorMittal Wear-Resistant Grades

As the world’s largest steel producer, ArcelorMittal offers a wide range of wear-resistant plates for the heavy equipment market. Their global presence ensures a reliable supply chain for dump truck manufacturers and aftermarket part suppliers worldwide.

Innovation and Sustainability Initiatives:

• Massive investment in Smart Carbon and hydrogen-based steelmaking technologies

• Global R&D network focused on improving material performance and sustainability

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4️⃣ 7. Nippon Steel Corporation (NSSMC)

Headquarters: Tokyo, Japan
Key Offering: NSSMC Wear-Resistant Steels

Nippon Steel Corporation is a global steel giant offering advanced wear-resistant plates that cater to the stringent requirements of Japanese and international heavy machinery OEMs. Their high-quality steels are known for their reliability in demanding applications.

Innovation and Sustainability Initiatives:

• Leadership in developing advanced high-strength steels

• Commitment to achieving carbon neutrality by 2050

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3️⃣ 8. Salzgitter AG

Headquarters: Salzgitter, Germany
Key Offering: SALZGITTER Wear-Resistant Plates

Salzgitter AG is a major German steel Group that produces a variety of wear-resistant steel plates. Their products are used in the manufacturing and repair of dump trucks, especially in the European market, where quality and durability are paramount.

Innovation and Sustainability Initiatives:

• SALCOS® (Salzgitter Low CO2 Steelmaking) program for green steel production

• Focus on developing sustainable and recyclable steel solutions

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2️⃣ 9. HBIS Group

Headquarters: Shijiazhuang, China
Key Offering: HBIS Wear-Resistant Steel Plates

HBIS Group is one of China’s largest steel producers and a significant supplier of wear-resistant plates for the domestic and global construction and mining equipment markets. The company plays a crucial role in supplying materials for China’s vast infrastructure and mining sectors.

Innovation and Sustainability Initiatives:

• Large-scale production capabilities catering to high-volume demand

• Investment in technological upgrades and environmental protection

Download FREE Sample Report:
Wear-resistant Steel Plate for Dump Truck Market – View in Detailed Research Report

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1️⃣ 10. Baowu Group

Headquarters: Shanghai, China
Key Offering: Baowu Wear-Resistant Steel Plates

China Baowu Steel Group is the world’s largest steel producer by output. It manufactures a comprehensive range of steel products, including high-quality wear-resistant plates essential for the domestic mining and heavy truck industry, which is the largest in the world.

Innovation and Sustainability Initiatives:

• Leading efforts in smart manufacturing and industrial automation

• Setting ambitious targets for peak carbon emissions and carbon neutrality

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🏭 Outlook: The Future of Wear-resistant Steel is Smarter and More Sustainable

The wear-resistant steel plate market is undergoing a significant transformation. While traditional quenched and tempered steels dominate, the industry is increasingly focusing on developing advanced materials with enhanced properties, smarter manufacturing processes, and a reduced environmental footprint.

📈 Key Trends Shaping the Market:

• Rising demand for ultra-high-hardness grades (above 500 HBW) for extreme abrasion applications

• Integration of Industry 4.0 technologies in steel production for improved quality and consistency

• Growing emphasis on lightweighting through high-strength steels to improve dump truck payload and fuel efficiency

• Accelerated shift towards green steel production using hydrogen and renewable energy to meet decarbonization goals

Get Full Report Here:
Wear-resistant Steel Plate for Dump Truck Market – View in Detailed Research Report

The companies listed above are not only supplying critical materials for global infrastructure—they are driving the innovation and sustainability that will define the next generation of heavy-duty equipment.