The Impact of COVID-19 is included in Hot Rolled Coil Steel Market Report. Buy it today to get an advantage.
Request the impact of COVID-19 on your product or industry
Hot Rolled Coil Steel Trends and Forecast
The future of the global hot rolled coil steel market looks promising with opportunities in the construction, transportation, energy, and machinery markets. The global hot rolled coil steel market is expected to reach an estimated $224.3 billion by 2030 with a CAGR of 4.6% from 2024 to 2030. The major drivers for this market are growing infrastructural investment and industrialization, expanding automation sector in South Korea, Japan, China, India, and other rising Asian countries, as well as, increasing focus on energy efficiency and rising sale of electric vehicles.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Hot Rolled Coil Steel by Segment
The study includes a forecast for the global hot rolled coil steel by type, application, and region.
Hot Rolled Coil Steel Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Hot-Rolled Coils (Thickness Less Than 3 MM)
• Hot-Rolled Coils (Thickness Greater Than 3 MM)
Hot Rolled Coil Steel Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Construction
• Transportation
• Energy
• Machinery
• Others
Hot Rolled Coil Steel Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Hot Rolled Coil Steel Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies hot rolled coil steel companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the hot rolled coil steel companies profiled in this report include-
• ArcelorMittal
• China Baowu Steel Group
• Nippon Steel and Sumitomo Metal
• JFE Steel
• Ansteel Group
• Tata Steel
• Hesteel Group
• POSCO
• Nucor
• Benxi Steel Group
Hot Rolled Coil Steel Market Insights
Lucintel forecasts that hot-rolled coils (thickness greater than 3 mm) is expected to witness the highest growth over the forecast period because of the wider range of applications for thicker hot-rolled coils, including construction, manufacturing, and infrastructure development.
APAC will remain the largest region over the forecast period due to expansion of manufacturing, rising demand for automobiles, and an increase in regional infrastructure development spending in the region.
Features of the Global Hot Rolled Coil Steel Market
Market Size Estimates: Hot rolled coil steel market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Hot rolled coil steel market size by type, application, and region in terms of value ($B).
Regional Analysis: Hot rolled coil steel market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the hot rolled coil steel market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the hot rolled coil steel market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the hot rolled coil steel market size?
Answer: The global hot rolled coil steel market is expected to reach an estimated $224.3 billion by 2030.
Q2. What is the growth forecast for hot rolled coil steel market?
Answer: The global hot rolled coil steel market is expected to grow with a CAGR of 4.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the hot rolled coil steel market?
Answer: The major drivers for this market are growing infrastructural investment and industrialization, expanding automation sector in South Korea, Japan, China, India, and other rising Asian countries, as well as, increasing focus on energy efficiency and rising sale of electric vehicles.
Q4. What are the major segments for hot rolled coil steel market?
Answer: The future of the global hot rolled coil steel market looks promising with opportunities in the construction, transportation, energy, and machinery markets.
Q5. Who are the key hot rolled coil steel market companies?
Answer: Some of the key hot rolled coil steel companies are as follows:
• ArcelorMittal
• China Baowu Steel Group
• Nippon Steel and Sumitomo Metal
• JFE Steel
• Ansteel Group
• Tata Steel
• Hesteel Group
• POSCO
• Nucor
• Benxi Steel Group
Q6. Which hot rolled coil steel market segment will be the largest in future?
Answer: Lucintel forecasts that hot-rolled coils (thickness greater than 3 mm) is expected to witness the highest growth over the forecast period because of the wider range of applications for thicker hot-rolled coils, including construction, manufacturing, and infrastructure development.
Q7. In hot rolled coil steel market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to expansion of manufacturing, rising demand for automobiles, and an increase in regional infrastructure development spending in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the hot rolled coil steel market by type (hot-rolled coils (thickness less than 3 mm) and hot-rolled coils (thickness greater than 3 mm)), application (construction, transportation, energy, machinery, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Hot Rolled Coil Steel Market, Hot Rolled Coil Steel Market Size, Hot Rolled Coil Steel Market Growth, Hot Rolled Coil Steel Market Analysis, Hot Rolled Coil Steel Market Report, Hot Rolled Coil Steel Market Share, Hot Rolled Coil Steel Market Trends, Hot Rolled Coil Steel Market Forecast, Hot Rolled Coil Steel Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Hot Rolled Coil Steel Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Hot Rolled Coil Steel Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Hot Rolled Coil Steel Market by Type
3.3.1: Hot-rolled Coils (Thickness Less than 3 mm)
3.3.2: Hot-rolled Coils (Thickness Greater than 3 mm)
3.4: Global Hot Rolled Coil Steel Market by Application
3.4.1: Construction
3.4.2: Transportation
3.4.3: Energy
3.4.4: Machinery
3.4.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Hot Rolled Coil Steel Market by Region
4.2: North American Hot Rolled Coil Steel Market
4.2.2: North American Hot Rolled Coil Steel Market by Application: Construction, Transportation, Energy, Machinery, and Others
4.3: European Hot Rolled Coil Steel Market
4.3.1: European Hot Rolled Coil Steel Market by Type: Hot-rolled Coils (Thickness Less than 3 mm) and Hot-rolled Coils (Thickness Greater than 3 mm)
4.3.2: European Hot Rolled Coil Steel Market by Application: Construction, Transportation, Energy, Machinery, and Others
4.4: APAC Hot Rolled Coil Steel Market
4.4.1: APAC Hot Rolled Coil Steel Market by Type: Hot-rolled Coils (Thickness Less than 3 mm) and Hot-rolled Coils (Thickness Greater than 3 mm)
4.4.2: APAC Hot Rolled Coil Steel Market by Application: Construction, Transportation, Energy, Machinery, and Others
4.5: ROW Hot Rolled Coil Steel Market
4.5.1: ROW Hot Rolled Coil Steel Market by Type: Hot-rolled Coils (Thickness Less than 3 mm) and Hot-rolled Coils (Thickness Greater than 3 mm)
4.5.2: ROW Hot Rolled Coil Steel Market by Application: Construction, Transportation, Energy, Machinery, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Hot Rolled Coil Steel Market by Type
6.1.2: Growth Opportunities for the Global Hot Rolled Coil Steel Market by Application
6.1.3: Growth Opportunities for the Global Hot Rolled Coil Steel Market by Region
6.2: Emerging Trends in the Global Hot Rolled Coil Steel Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Hot Rolled Coil Steel Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Hot Rolled Coil Steel Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: ArcelorMittal
7.2: China Baowu Steel Group
7.3: Nippon Steel and Sumitomo Metal
7.4: JFE Steel
7.5: Ansteel Group
7.6: Tata Steel
7.7: Hesteel Group
7.8: POSCO
7.9: Nucor
7.10: Benxi Steel Group
.
Buy full report or by chapter as follows
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
Please sign in below to get report brochure - Hot Rolled Coil Steel Market Report.