Market Overview:
The global cast steel roll market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cast steel rolls from various end-use industries, such as metallurgical rolling and other applications. In terms of type, the alloy cast steel roll segment is projected to grow at a higher CAGR than the semi-steel roll and other segments during the forecast period. This can be attributed to its properties such as high strength and wear resistance, which make it suitable for use in various industrial applications. Regionally, North America is expected to lead the global cast steel roll market in terms of revenue during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Cast Steel Roll is a term used in the steel industry for a type of roll that is made from cast iron. Cast iron has a lower carbon content than steel, so it is softer and more ductile. This allows for the roll to be machined to a precise shape and size. Cast steel rolls are used in rolling mills where they are responsible for shaping the metal into various shapes and sizes.
Alloy Cast Steel Roll:
Alloy cast steel roll market is expected to grow at a significant rate owing to the increasing demand for the product in construction and automotive industries. The growth of these end-use industries will propel market growth over the forecast period.
The global alloy cast steel roll market is driven by factors such as rising population, rapid urbanization, and industrialization mainly in emerging economies of China & India coupled with growing infrastructure activities across various regions.
Semi-steel Roll:
Semi-steel roll is a type of steel sheet that contains about 15% to 50% carbon and low manganese, and has high chromium content. It also contains molybdenum, tungsten, or vanadium.
Application Insights:
The metallurgical rolling segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. Cast steel rolls are used in various applications including hot and cold rolling mills, sheet mills, pickling plants, etc. Metallurgical rolling process involves processes such as normalizing, heat treatment & cooling and hardening & tempering of cast steel products. The other application segment includes construction industry where cast steel roll is used for structural components of buildings or infrastructure projects such as pavements or footpaths among others.
Cast-steel rolls have a high strength-to-weight ratio which makes them suitable for use in heavy civil engineering activities including bridges and roadways among others.
Regional Analysis:
Asia Pacific dominated the global cast steel roll market in 2017 and accounted for a share of over 45%. The region is expected to witness significant growth in terms of revenue during the forecast period. This can be attributed to increasing demand from end-use industries such as construction, automotive, industrial machinery, and others.
The growing manufacturing sector across emerging economies such as China and India coupled with rising investments in infrastructure development is anticipated to drive the demand for steel products including cold rolled products. In addition, favorable government regulations aimed at promoting domestic manufacturing output are likely to boost product consumption over the coming years.
Europe was valued at USD X billion in 2017 owing to high consumption levels from major application industries along with stringent environmental norms regarding carbon emissions by various regulatory bodies like ECHA (European Chemicals Agency) & EU (European Union).
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing popularity of cast steel rolls in Asia Pacific region
- Rising investments by key players in research and development activities
- Technological advancements that have led to the development of new grades of cast steel rolls
- Proliferation of online retailing that has made these products more accessible to consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Cast Steel Roll Market Research Report
By Type
Alloy Cast Steel Roll, Semi-steel Roll, Other
By Application
Metallurgical Rolling, Other
By Companies
Union Electric Steel, Sinosteel Corporation, China Baowu Steel Group, Ansteel, Bharat Roll Industry, Nuo Kun Te Machinery Equipment, Laiwu Laigang Group Jinding Roll, Changzhou Ruihong Roll, Jiangsu Gangyou Metallurgical Machinery Roll, Jiangsu Gongchang Roll, Kolding d.o.o., Mandi Gobindgarh, Casting Rolls
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Cast Steel Roll Market Report Segments:
The global Cast Steel Roll market is segmented on the basis of:
Types
Alloy Cast Steel Roll, Semi-steel Roll, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Metallurgical Rolling, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Union Electric Steel
- Sinosteel Corporation
- China Baowu Steel Group
- Ansteel
- Bharat Roll Industry
- Nuo Kun Te Machinery Equipment
- Laiwu Laigang Group Jinding Roll
- Changzhou Ruihong Roll
- Jiangsu Gangyou Metallurgical Machinery Roll
- Jiangsu Gongchang Roll
- Kolding d.o.o.
- Mandi Gobindgarh
- Casting Rolls
Highlights of The Cast Steel Roll Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Alloy Cast Steel Roll
- Semi-steel Roll
- Other
- By Application:
- Metallurgical Rolling
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cast Steel Roll Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cast steel roll is a type of steel sheet that has been formed into a cylinder or tube. It is often used in the construction industry because it is strong and can be easily welded together.
Some of the key players operating in the cast steel roll market are Union Electric Steel, Sinosteel Corporation, China Baowu Steel Group, Ansteel, Bharat Roll Industry, Nuo Kun Te Machinery Equipment, Laiwu Laigang Group Jinding Roll, Changzhou Ruihong Roll, Jiangsu Gangyou Metallurgical Machinery Roll, Jiangsu Gongchang Roll, Kolding d.o.o., Mandi Gobindgarh, Casting Rolls.
The cast steel roll market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cast Steel Roll Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Cast Steel Roll Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cast Steel Roll Market - Supply Chain
4.5. Global Cast Steel Roll Market Forecast
4.5.1. Cast Steel Roll Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cast Steel Roll Market Size (000 Units) and Y-o-Y Growth
4.5.3. Cast Steel Roll Market Absolute $ Opportunity
5. Global Cast Steel Roll Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Cast Steel Roll Market Size and Volume Forecast by Type
5.3.1. Alloy Cast Steel Roll
5.3.2. Semi-steel Roll
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Cast Steel Roll Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Cast Steel Roll Market Size and Volume Forecast by Application
6.3.1. Metallurgical Rolling
6.3.2. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Cast Steel Roll Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Cast Steel Roll Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Cast Steel Roll Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Cast Steel Roll Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Cast Steel Roll Demand Share Forecast, 2019-2026
9. North America Cast Steel Roll Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Cast Steel Roll Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Cast Steel Roll Market Size and Volume Forecast by Application
9.4.1. Metallurgical Rolling
9.4.2. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Cast Steel Roll Market Size and Volume Forecast by Type
9.7.1. Alloy Cast Steel Roll
9.7.2. Semi-steel Roll
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Cast Steel Roll Demand Share Forecast, 2019-2026
10. Latin America Cast Steel Roll Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Cast Steel Roll Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Cast Steel Roll Market Size and Volume Forecast by Application
10.4.1. Metallurgical Rolling
10.4.2. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Cast Steel Roll Market Size and Volume Forecast by Type
10.7.1. Alloy Cast Steel Roll
10.7.2. Semi-steel Roll
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Cast Steel Roll Demand Share Forecast, 2019-2026
11. Europe Cast Steel Roll Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Cast Steel Roll Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Cast Steel Roll Market Size and Volume Forecast by Application
11.4.1. Metallurgical Rolling
11.4.2. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Cast Steel Roll Market Size and Volume Forecast by Type
11.7.1. Alloy Cast Steel Roll
11.7.2. Semi-steel Roll
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Cast Steel Roll Demand Share, 2019-2026
12. Asia Pacific Cast Steel Roll Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Cast Steel Roll Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Cast Steel Roll Market Size and Volume Forecast by Application
12.4.1. Metallurgical Rolling
12.4.2. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Cast Steel Roll Market Size and Volume Forecast by Type
12.7.1. Alloy Cast Steel Roll
12.7.2. Semi-steel Roll
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Cast Steel Roll Demand Share, 2019-2026
13. Middle East & Africa Cast Steel Roll Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Cast Steel Roll Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Cast Steel Roll Market Size and Volume Forecast by Application
13.4.1. Metallurgical Rolling
13.4.2. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Cast Steel Roll Market Size and Volume Forecast by Type
13.7.1. Alloy Cast Steel Roll
13.7.2. Semi-steel Roll
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Cast Steel Roll Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Cast Steel Roll Market: Market Share Analysis
14.2. Cast Steel Roll Distributors and Customers
14.3. Cast Steel Roll Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Union Electric Steel
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sinosteel Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. China Baowu Steel Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ansteel
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Bharat Roll Industry
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nuo Kun Te Machinery Equipment
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Laiwu Laigang Group Jinding Roll
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Changzhou Ruihong Roll
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Jiangsu Gangyou Metallurgical Machinery Roll
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Jiangsu Gongchang Roll
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kolding d.o.o.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Mandi Gobindgarh
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Casting Rolls
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
