According to our (Global Info Research) latest study, the global Hot Rolled Coils market size was valued at USD 251.1 million in 2023 and is forecast to a readjusted size of USD 296.3 million by 2030 with a CAGR of 2.4% during review period.
Hot rolling is a mill process which involves rolling the steel at a high temperature (typically at a temperature over 1700° F), which is above the steel’s recrystallization temperature. When steel is above the recrystallization temperature, it can be shaped and formed easily, and the steel can be made in much larger sizes. Hot rolled steel is typically cheaper than cold rolled steel due to the fact that it is often manufactured without any delays in the process, and therefore the reheating of the steel is not required (as it is with cold rolled). When the steel cools off it will shrink slightly thus giving less control on the size and shape of the finished product when compared to cold rolled.
Hot Rolled Coils refers to the rolling of flat rolled sheet and coil products.
Global Hot Rolled Coils key players include ArcelorMittal, China Baowu Steel Group, Nippon Steel & Sumitomo Metal, JFE Steel Corporation, Ansteel Group, etc. Global top five manufacturers hold a share over 45%.
China is the largest market, with a share over 35%, followed by North America and Europe, both have a share over 30%.
In terms of product, ≥3mm is the largest segment, with a share over 65%. And in terms of application, the largest application is Construction, followed by Transport, Energy, etc.
The Global Info Research report includes an overview of the development of the Hot Rolled Coils industry chain, the market status of Construction (≥3mm, <3mm), Transport (≥3mm, <3mm), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Hot Rolled Coils.
Regionally, the report analyzes the Hot Rolled Coils markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Hot Rolled Coils market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Hot Rolled Coils market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Hot Rolled Coils industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (M MT), revenue generated, and market share of different by Thickness (e.g., ≥3mm, <3mm).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Hot Rolled Coils market.
Regional Analysis: The report involves examining the Hot Rolled Coils market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Hot Rolled Coils market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Hot Rolled Coils:
Company Analysis: Report covers individual Hot Rolled Coils manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Hot Rolled Coils This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Construction, Transport).
Technology Analysis: Report covers specific technologies relevant to Hot Rolled Coils. It assesses the current state, advancements, and potential future developments in Hot Rolled Coils areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Hot Rolled Coils market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Hot Rolled Coils market is split by Thickness and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Thickness, and by Application in terms of volume and value.
Market segment by Thickness
≥3mm
<3mm
Market segment by Application
Construction
Transport
Energy
Machinery
Others
Major players covered
ArcelorMittal
China Baowu Steel Group
Nippon Steel & Sumitomo Metal
JFE Steel Corporation
Ansteel Group
Tata Steel
Hesteel Group
POSCO
Nucor Corporation
Benxi Steel Group
Shougang
Shagang Group
NLMK Group
ThyssenKrupp
JSW Steel Ltd
Maanshan Steel
United States Steel Corporation
Jianlong Group
Valin Steel Group
Steel Authority of India Limited
China Steel Corporation
Hyundai Steel
Jingye Steel
Gerdau
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Hot Rolled Coils product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Hot Rolled Coils, with price, sales, revenue and global market share of Hot Rolled Coils from 2019 to 2024.
Chapter 3, the Hot Rolled Coils competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Hot Rolled Coils breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Thickness and application, with sales market share and growth rate by thickness, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Hot Rolled Coils market forecast, by regions, thickness and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Hot Rolled Coils.
Chapter 14 and 15, to describe Hot Rolled Coils sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Hot Rolled Coils. Industry analysis & Market Report on Hot Rolled Coils is a syndicated market report, published as Global Hot Rolled Coils Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Hot Rolled Coils market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.