Market Overview:
The global forged 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 forged rolls from various end-use industries, such as automotive, aviation, and machinery & equipment. In terms of type, the alloy material segment is expected to lead the global forged roll market during the forecast period due to its high strength and corrosion resistance properties. In terms of application, the automotive segment is projected to lead the global forged roll market during 2018-2030 owing to rising demand for lightweight vehicles across different regions.
Product Definition:
A forged roll is a type of metal working process that uses a press to shape the metal. The term "forging" can also refer to the finished product produced by this process.
Alloy Material:
Alloy material is a combination of two or more metals with different properties and characteristics. The most common alloys are steel & aluminum, iron & nickel, and copper & zinc. These materials when used in the production of forged roll products have increased strength which results in better performance for heavy load applications such as machinery bases, truck frames, wheel hubs etc.
The global alloy material market size was valued at USD 1.6 billion in 2015.
Stainless Steel:
Stainless steel is a type of steel that has been through an additional finishing process, which makes it resistant to rust. It also gives the material a more polished and sleek look. The majority of stainless steel products are made from ferritic and martensitic types, but some applications require only austenitic grade.
Application Insights:
The car application segment led the global forged roll market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for vehicles across various regions, including Asia Pacific and Middle East & Africa. In addition, stringent regulations on vehicle emissions are expected to drive the demand for low emission technology across all major markets including Europe and China by 2025 which will further propel the growth of this segment over the coming years.
Forged rolls find application in aircraft, automobiles, marine vessels & offshore oil production among others as they offer high strength with excellent toughness properties suitable for critical applications such as engine mounts or structural components where durability is required along with weight reduction efforts without compromising on safety or performance requirements.
Regional Analysis:
Asia Pacific forged roll market is expected to witness significant growth over the forecast period owing to the presence of key aircraft and automobile manufacturers in China, India, Japan, and South Korea. The region is also home to several rapidly expanding industries such as oil & gas equipment manufacturing and power generation. These factors are anticipated to drive product demand over the next eight years.
The Asia Pacific was followed by Europe in terms of revenue with a share of 23% in 2017 on account of high automotive production coupled with growing aerospace industry across major countries including Germany, France, Italy, UK., Russia among others. North America accounted for a significant share due to high demand from construction sector along with rapid growth registered by other application sectors such as machinery & equipment manufacturing industry within U.S.
Growth Factors:
- Increasing demand for lightweight and high-strength materials in automotive and aerospace industries
- Growing popularity of Forged Roll products among the end-users owing to their superior properties
- Rising investments by key players in research and development activities to develop innovative products
- Expansion of manufacturing capacities by key players to cater to the increasing demand from global markets
- Emergence of new applications for Forged Roll products in various end-user industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Forged Roll Market Research Report
By Type
Alloy Material, Stainless Steel, Other
By Application
Car, Aviation, Machinery And Equipment, Other
By Companies
Kennametal, Lehigh Heavy Forge, Sinosteel, XTMMC WHEMCO, Nippon Steel＆Sumitomo Metal, Kay Jay Chill Rolls, Xtek, Leon Roll China, Camet Metallurgical Technologies, KS Carbide, Kennametal, Hitachi
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Forged Roll Market Report Segments:
The global Forged Roll market is segmented on the basis of:
Types
Alloy Material, Stainless Steel, 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
Car, Aviation, Machinery And Equipment, 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:
- Kennametal
- Lehigh Heavy Forge
- Sinosteel
- XTMMC WHEMCO
- Nippon Steel＆Sumitomo Metal
- Kay Jay Chill Rolls
- Xtek
- Leon Roll China
- Camet Metallurgical Technologies
- KS Carbide
- Kennametal
- Hitachi
Highlights of The Forged 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 Material
- Stainless Steel
- Other
- By Application:
- Car
- Aviation
- Machinery And Equipment
- 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 Forged 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Forged Roll is a type of metalworking that uses a forging process to create an object from a piece of metal. The object is then heated until it reaches its molten state, at which point the metal is poured into molds and cooled. This creates the finished product, which can be anything from a simple sheet to intricate pieces like cars or airplanes.
Some of the major players in the forged roll market are Kennametal, Lehigh Heavy Forge, Sinosteel, XTMMC WHEMCO, Nippon Steel＆Sumitomo Metal, Kay Jay Chill Rolls, Xtek, Leon Roll China, Camet Metallurgical Technologies, KS Carbide, Kennametal, Hitachi.
The forged roll market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Forged Roll Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Forged Roll Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Forged Roll Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Forged Roll Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Forged Roll Market Size & Forecast, 2018-2028
4.5.1 Forged Roll Market Size and Y-o-Y Growth
4.5.2 Forged Roll Market Absolute $ Opportunity
Chapter 5 Global Forged Roll Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Forged Roll Market Size Forecast by Type
5.2.1 Alloy Material
5.2.2 Stainless Steel
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Forged Roll Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Forged Roll Market Size Forecast by Applications
6.2.1 Car
6.2.2 Aviation
6.2.3 Machinery And Equipment
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Forged Roll Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Forged Roll Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Forged Roll Analysis and Forecast
9.1 Introduction
9.2 North America Forged Roll Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Forged Roll Market Size Forecast by Type
9.6.1 Alloy Material
9.6.2 Stainless Steel
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Forged Roll Market Size Forecast by Applications
9.10.1 Car
9.10.2 Aviation
9.10.3 Machinery And Equipment
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Forged Roll Analysis and Forecast
10.1 Introduction
10.2 Europe Forged Roll Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Forged Roll Market Size Forecast by Type
10.6.1 Alloy Material
10.6.2 Stainless Steel
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Forged Roll Market Size Forecast by Applications
10.10.1 Car
10.10.2 Aviation
10.10.3 Machinery And Equipment
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Forged Roll Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Forged Roll Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Forged Roll Market Size Forecast by Type
11.6.1 Alloy Material
11.6.2 Stainless Steel
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Forged Roll Market Size Forecast by Applications
11.10.1 Car
11.10.2 Aviation
11.10.3 Machinery And Equipment
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Forged Roll Analysis and Forecast
12.1 Introduction
12.2 Latin America Forged Roll Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Forged Roll Market Size Forecast by Type
12.6.1 Alloy Material
12.6.2 Stainless Steel
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Forged Roll Market Size Forecast by Applications
12.10.1 Car
12.10.2 Aviation
12.10.3 Machinery And Equipment
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Forged Roll Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Forged Roll Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Forged Roll Market Size Forecast by Type
13.6.1 Alloy Material
13.6.2 Stainless Steel
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Forged Roll Market Size Forecast by Applications
13.10.1 Car
13.10.2 Aviation
13.10.3 Machinery And Equipment
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Forged Roll Market: Competitive Dashboard
14.2 Global Forged Roll Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kennametal
14.3.2 Lehigh Heavy Forge
14.3.3 Sinosteel
14.3.4 XTMMC WHEMCO
14.3.5 Nippon Steel＆Sumitomo Metal
14.3.6 Kay Jay Chill Rolls
14.3.7 Xtek
14.3.8 Leon Roll China
14.3.9 Camet Metallurgical Technologies
14.3.10 KS Carbide
14.3.11 Kennametal
14.3.12 Hitachi
