Los Angeles, CA -- (SBWIRE) -- 04/16/2019 -- Cold rolling is used to further treat hot rolled steel sheet to increase its strength and its strength-to-weight ratio and enable it to hold tighter tolerances during fabricating and machining. In addition, cold rolling is used to smooth and finish the surface of hot rolled steel. The processes used to improve the surface finish and to size the cold rolled sheet more precisely include chemical or mechanical descaling and cold rolling or polishing. It also increases its strength and hardness because it is performed at room temperature and below the recrystallization temperature.

The cold-rolled coil prices have seen a significant increase from 2016 to 2017 since it sulfured a continuously decline in the 2014-2016 period. In 2017, the cold-rolled coil average price is 744.0 USD per tonne globally and will keep increasing as a result of rising raw material costs. The end-user industries of processed steel are automotive, domestic appliance, construction, machinery parts, electronic goods, furniture, and others. Growth in the home appliance and automotive industry and recovery of global economy are the key drivers of the steel processing market.

The global Cold Rolled Steel Coil market was 110 million US$ in 2018 and is expected to 140 million US$ by the end of 2025, growing at a CAGR of 3.0% between 2019 and 2025. This report studies the Cold Rolled Steel Coil 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.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Cold Rolled Steel Coil 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

China Baowu Steel Group

POSCO

Nippon Steel & Sumitomo Metal

ArcelorMittal

Shougang

Hyundai Steel

Ansteel Group

JFE Steel Corporation

Benxi Steel Group

Hesteel Group

By the product type, the market is primarily split into

Cold Rolled Coils (Thickness?3mm)

Cold Rolled Coils (Thickness<3mm)

By the end users/application, this report covers the following segments

Automotive

Construction

Home Appliance

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