Los Angeles, CA -- (SBWire) -- 06/19/2019 --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.
The Hot Rolled Coils market is very dispersion market; the revenue of top twenty players accounts about 51% of the total revenue in 2017. The high-end products mainly come from China and Europe.
The leading players mainly are ArcelorMittal, China Baowu Steel Group, Nippon Steel & Sumitomo Metal, JFE Steel Corporation, Ansteel Group, Tata Steel, Hesteel Group, POSCO, Nucor Corporation and Benxi Steel Group; ArcelorMittal is the largest players; its revenue of global market exceeds 6.8% in 2017.
Geographically, the global Hot Rolled Coils market has been segmented into North America, Europe, China, RoA, South Africa and RoW. The China held the largest share in the global market, its Consumption market share of global market exceeds 44% in 2017. The next is rest of Asia.
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The global Hot Rolled Coils market was 190 million US$ in 2018 and is expected to 230 million US$ by the end of 2025, growing at a CAGR of 2.4% between 2019 and 2025.
This report studies the Hot Rolled Coils market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Hot Rolled Coils in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
ArcelorMittal
AnSteel Group
Anyang Steel
BaoSteel Group
Baotou Steel
Benxi Steel
CSC
Evraz Group
CELSA Group
Gerdau
Hebei Steel Group
By the product type, the market is primarily split into
Hot Rolled Coils (Thickness?3mm)
Hot Rolled Coils (Thickness<3mm)
By the end users/application, this report covers the following segments
Construction
Shipping
Energy
Packaging
Consumer Appliances Industry
Housing
Automotive
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Hot Rolled Coils Market: Key Player Trends, Analysis and Forecast to Grow CAGR During 2019-2025