Market Overview:
The global hot rolled coils market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for automobiles and consumer appliances, and rising construction activities across the globe. In terms of type, the hot rolled coils (thickness more than or equal to 3mm) segment is expected to dominate the market during the forecast period, owing to its high demand from end-use industries such as construction and automotive.
Product Definition:
Hot Rolled Coil is a sheet of metal that has been heated and then rolled on a mill. The term "hot rolling" refers to the fact that the metal is above its recrystallization temperature, which means it can be deformed more easily. Hot rolling produces a more uniform and harder product than cold rolling.
Hot Rolled Coils (ThicknessMore than or euqal to3mm):
Hot rolled coils (HRC) are used in various applications such as wire & cable insulation, building & construction materials, automotive components and electrical appliances. The market is expected to grow at a significant rate owing to the increasing demand for lightweight materials from the automotive industry. In addition, growing urbanization coupled with an increase in infrastructure spending is likely to propel market growth over the forecast period.
The product also has several other uses apart from being a key component of wires.
Hot Rolled Coils (Thickness
Hot rolled coils (HRC) are used in various applications such as wire & cable insulation, building & construction materials, automotive components and electrical appliances. The market is expected to witness significant growth over the forecast period on account of increasing demand for lightweight materials from the automotive industry.
The Asia Pacific dominated the global hot rolled coils market owing to high product demand from major end-use industries including building & construction and electrical appliances in emerging countries such as China and India.
Application Insights:
Hot rolled coils are used in various applications including construction, shipping, energy, packaging, consumer appliances industry housing automotive and other industries. In terms of revenue Hotrolled Coils Application Market is dominated by the construction sector which accounted for a share of over 40% in 2017. The growth can be attributed to increasing demand from residential and commercial sectors such as new buildings & renovation projects along with an increase in infrastructure spending across the globe.
The consumer appliances industry also holds significant potential owing to rapid urbanization coupled with rising disposable income levels among emerging middle-class population groups especially in Asia Pacific and Latin America will drive product demand over the forecast period. Other prominent application markets include transportation equipment manufacturing where hot rolled coils are used for manufacturing railway carriages and wagons along with heavy-duty vehicles such as trucks & buses among others which further boosts market growth on account of their high strength properties required for long haul transport operations at minimal costs involved thereby driving overall market expansion trends globally over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing construction activities, mainly in China and India. In addition, rising disposable income coupled with a growing population will drive demand for consumer appliances such as refrigerators and washing machines, which will propel industry growth over the next eight years.
The European market is anticipated to witness significant growth during the forecast period owing to stringent regulations regarding carbon emissions by various regulatory bodies such as ETSCOE (European Steel Association) and VOSD (Vlaams overheidsdienst). In addition, environmental awareness among consumers has resulted in an increased preference for eco-friendly products resulting in high product adoption across end-use industries including steel manufacturing.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and machinery
- Rising disposable income of consumers in developing countries
- Technological advancements in manufacturing processes that lead to improved quality and reduced costs
- Growing popularity of coated and pre-painted coils for aesthetic appeal
- Expansion of global trade resulting in increased demand for Hot Rolled Coils
Scope Of The Report
Report Attributes
Report Details
Report Title
Hot Rolled Coils Market Research Report
By Type
Hot Rolled Coils (ThicknessMore than or euqal to3mm), Hot Rolled Coils (Thickness<3mm)
By Application
Construction, Shipping, Energy, Packaging, Consumer Appliances Industry, Housing, Automotive, Others
By Companies
ArcelorMittal, AnSteel Group, Anyang Steel, BaoSteel Group, Baotou Steel, Benxi Steel, CSC, Evraz Group, CELSA Group, Gerdau, Hebei Steel Group, Hyundai Steel, IMIDRO, JFE, Jianlong Group, Jingye Steel, Jiuquan Steel, JSW, Maanshan Steel, Metinvest, MMK, NSSMC, NLMK, Nucor Corporation, POSCO, Rizhao Steel, SAIL, Severstal, Shagang Group, Shandong Steel, Shougang Group, Taiyuan Steel, Tata Steel Group, Techint Group, ThyssenKrupp, Tianjin Bohai, U. S. Steel, Valin Group, Wuhan Steel Group, Zongheng Steel
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Hot Rolled Coils Market Report Segments:
The global Hot Rolled Coils market is segmented on the basis of:
Types
Hot Rolled Coils (ThicknessMore than or euqal to3mm), Hot Rolled Coils (Thickness<3mm)
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
Construction, Shipping, Energy, Packaging, Consumer Appliances Industry, Housing, Automotive, Others
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:
- ArcelorMittal
- AnSteel Group
- Anyang Steel
- BaoSteel Group
- Baotou Steel
- Benxi Steel
- CSC
- Evraz Group
- CELSA Group
- Gerdau
- Hebei Steel Group
- Hyundai Steel
- IMIDRO
- JFE
- Jianlong Group
- Jingye Steel
- Jiuquan Steel
- JSW
- Maanshan Steel
- Metinvest
- MMK
- NSSMC
- NLMK
- Nucor Corporation
- POSCO
- Rizhao Steel
- SAIL
- Severstal
- Shagang Group
- Shandong Steel
- Shougang Group
- Taiyuan Steel
- Tata Steel Group
- Techint Group
- ThyssenKrupp
- Tianjin Bohai
- U. S. Steel
- Valin Group
- Wuhan Steel Group
- Zongheng Steel
Highlights of The Hot Rolled Coils 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:
- Hot Rolled Coils (ThicknessMore than or euqal to3mm)
- Hot Rolled Coils (Thickness<3mm)
- By Application:
- Construction
- Shipping
- Energy
- Packaging
- Consumer Appliances Industry
- Housing
- Automotive
- Others
- 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 Hot Rolled Coils 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.
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- Correctly Positioning New Products
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- Consumer Insights
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- 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?
Hot rolled coils (HRC) are a type of wire used in electrical wiring. They are made by rolling thin sheets of metal around a mandrel, then heating the metal to a high temperature and pressing it into shape. The HRC wire is less likely to kink or twist than other types of wires, which makes it ideal for use in electrical applications where flexibility is important.
Some of the key players operating in the hot rolled coils market are ArcelorMittal, AnSteel Group, Anyang Steel, BaoSteel Group, Baotou Steel, Benxi Steel, CSC, Evraz Group, CELSA Group, Gerdau, Hebei Steel Group, Hyundai Steel, IMIDRO, JFE, Jianlong Group, Jingye Steel, Jiuquan Steel, JSW, Maanshan Steel, Metinvest, MMK, NSSMC, NLMK, Nucor Corporation, POSCO, Rizhao Steel, SAIL, Severstal, Shagang Group, Shandong Steel, Shougang Group, Taiyuan Steel, Tata Steel Group, Techint Group, ThyssenKrupp, Tianjin Bohai, U. S. Steel, Valin Group, Wuhan Steel Group, Zongheng Steel.
The hot rolled coils market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hot Rolled Coils 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. Hot Rolled Coils Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hot Rolled Coils Market - Supply Chain
4.5. Global Hot Rolled Coils Market Forecast
4.5.1. Hot Rolled Coils Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hot Rolled Coils Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hot Rolled Coils Market Absolute $ Opportunity
5. Global Hot Rolled Coils 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. Hot Rolled Coils Market Size and Volume Forecast by Type
5.3.1. Hot Rolled Coils (ThicknessMore than or euqal to3mm)
5.3.2. Hot Rolled Coils (Thickness<3mm)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hot Rolled Coils 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. Hot Rolled Coils Market Size and Volume Forecast by Application
6.3.1. Construction
6.3.2. Shipping
6.3.3. Energy
6.3.4. Packaging
6.3.5. Consumer Appliances Industry
6.3.6. Housing
6.3.7. Automotive
6.3.8. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hot Rolled Coils 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. Hot Rolled Coils 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 Hot Rolled Coils 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. Hot Rolled Coils 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 Hot Rolled Coils Demand Share Forecast, 2019-2026
9. North America Hot Rolled Coils 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 Hot Rolled Coils 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 Hot Rolled Coils Market Size and Volume Forecast by Application
9.4.1. Construction
9.4.2. Shipping
9.4.3. Energy
9.4.4. Packaging
9.4.5. Consumer Appliances Industry
9.4.6. Housing
9.4.7. Automotive
9.4.8. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hot Rolled Coils Market Size and Volume Forecast by Type
9.7.1. Hot Rolled Coils (ThicknessMore than or euqal to3mm)
9.7.2. Hot Rolled Coils (Thickness<3mm)
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 Hot Rolled Coils Demand Share Forecast, 2019-2026
10. Latin America Hot Rolled Coils 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 Hot Rolled Coils 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 Hot Rolled Coils Market Size and Volume Forecast by Application
10.4.1. Construction
10.4.2. Shipping
10.4.3. Energy
10.4.4. Packaging
10.4.5. Consumer Appliances Industry
10.4.6. Housing
10.4.7. Automotive
10.4.8. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hot Rolled Coils Market Size and Volume Forecast by Type
10.7.1. Hot Rolled Coils (ThicknessMore than or euqal to3mm)
10.7.2. Hot Rolled Coils (Thickness<3mm)
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 Hot Rolled Coils Demand Share Forecast, 2019-2026
11. Europe Hot Rolled Coils 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 Hot Rolled Coils 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 Hot Rolled Coils Market Size and Volume Forecast by Application
11.4.1. Construction
11.4.2. Shipping
11.4.3. Energy
11.4.4. Packaging
11.4.5. Consumer Appliances Industry
11.4.6. Housing
11.4.7. Automotive
11.4.8. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hot Rolled Coils Market Size and Volume Forecast by Type
11.7.1. Hot Rolled Coils (ThicknessMore than or euqal to3mm)
11.7.2. Hot Rolled Coils (Thickness<3mm)
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 Hot Rolled Coils Demand Share, 2019-2026
12. Asia Pacific Hot Rolled Coils 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 Hot Rolled Coils 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 Hot Rolled Coils Market Size and Volume Forecast by Application
12.4.1. Construction
12.4.2. Shipping
12.4.3. Energy
12.4.4. Packaging
12.4.5. Consumer Appliances Industry
12.4.6. Housing
12.4.7. Automotive
12.4.8. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hot Rolled Coils Market Size and Volume Forecast by Type
12.7.1. Hot Rolled Coils (ThicknessMore than or euqal to3mm)
12.7.2. Hot Rolled Coils (Thickness<3mm)
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 Hot Rolled Coils Demand Share, 2019-2026
13. Middle East & Africa Hot Rolled Coils 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 Hot Rolled Coils 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 Hot Rolled Coils Market Size and Volume Forecast by Application
13.4.1. Construction
13.4.2. Shipping
13.4.3. Energy
13.4.4. Packaging
13.4.5. Consumer Appliances Industry
13.4.6. Housing
13.4.7. Automotive
13.4.8. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hot Rolled Coils Market Size and Volume Forecast by Type
13.7.1. Hot Rolled Coils (ThicknessMore than or euqal to3mm)
13.7.2. Hot Rolled Coils (Thickness<3mm)
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 Hot Rolled Coils Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hot Rolled Coils Market: Market Share Analysis
14.2. Hot Rolled Coils Distributors and Customers
14.3. Hot Rolled Coils Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ArcelorMittal
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. AnSteel Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Anyang Steel
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BaoSteel Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Baotou Steel
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Benxi Steel
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. CSC
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Evraz Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. CELSA Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Gerdau
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hebei Steel Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hyundai Steel
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. IMIDRO
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. JFE
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Jianlong Group
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Jingye Steel
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Jiuquan Steel
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. JSW
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Maanshan Steel
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Metinvest
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
