Hot rolling is basically a mill process that involves rolling steel at higher temperatures that are above the recrystallization temperature of steel. This high-temperature steel passes through one or more pairs of rolls in order to reduce its thickness or to make its thickness uniform in order to form coils. After grains are deformed during the processing, they recrystallize, which helps in maintaining an equiaxed microstructure and prevents the coil from work hardening.
MARKET DYNAMICS
The increase in automation in various industries is one of the primary reasons which is going to drive the hot-rolled steel coil market. The automotive industry is growing across the world, and due to the rise of the automotive industry, there is an increase in demand for hot-rolled steel coil products. These coils are mostly used in heavy machinery, truck frames, tubes, large pipes, agricultural equipment, and metal building application. Thus, all these applications increase the demand for hot-rolled coil market.
MARKET SCOPE
The "Global Hot-rolled steel coil Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the hot-rolled steel coil market with detailed market segmentation by application and geography. The global hot-rolled steel coil market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading hot-rolled steel coil market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Global Hot-rolled steel coil Market is segmented on the basis of application. On the basis of application, the market is segmented into construction, transportation, machinery, energy and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global hot-rolled steel coil market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The hot-rolled steel coil market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the hot-rolled steel coil market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the hot-rolled steel coil market in these regions.
MARKET PLAYERS
The reports cover key developments in the hot-rolled steel coil market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from hot-rolled steel coil market are anticipated to lucrative growth opportunities in the future with the rising demand for hot-rolled steel coil in the global market. Below mentioned is the list of few companies engaged in the hot-rolled steel coil market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the hot-rolled steel coil market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- JFE Steel Corporation
- Tata Steel
- HBIS GROUP
- Ansteel Group Corporation Limited
- Nucor
- Benxi steel group
- NIPPON STEEL CORPORATION
- ArcelorMittal
- JSW
- China Baowu Steel Group
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