What is Rolling Mill Rolls Market?
Rolling mill rolls are widely used in the industrial rolling process used in producing large length cross-sections such as sheets and plats and other structures. It easily helps in completing the rolling process of the range of steel material. The rolling mill rolls are used in applications like commercial, residential construction, highway construction, heating ventilation, office furniture production, and other applications. There are various types of rolling mill rolls including two, three, four high rolling mills, tandem rolling mills, and cluster rolling mills.
Highlights from Rolling Mill Rolls Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Nippon Steel & Sumitomo Metal Corporation (Japan), Hitachi Metals, Ltd. (Japan), Buhler Holding AG (Switzerland), Scherer Inc. (United States), WHEMCO (United States), ENCE GmbH (Switzerland), Welding Alloys Group (United Kingdom), Kaida Roll Group (China), Xtek Inc. (United States), Deem Roll Tech Limited (India) and Camet Metallurgical Technologies Co., Ltd. (China) |
Nippon Steel & Sumitomo Metal Corporation (Japan), Hitachi Metals, Ltd. (Japan), Buhler Holding AG (Switzerland), Scherer Inc. (United States), WHEMCO (United States), ENCE GmbH (Switzerland), Welding Alloys Group (United Kingdom), Kaida Roll Group (China), Xtek Inc. (United States), Deem Roll Tech Limited (India) and Camet Metallurgical Technologies Co., Ltd. (China) are some of the key players profiled in the study. Rolling Mill Rolls Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Commercial Construction, Residential Construction, Highway Construction, Heating Ventilation, Office Furniture and Others |
Type | Two High Rolling Mills, Three High Rolling Mills, Four High Rolling Mills, Tandem Rolling Mills and Cluster Rolling Mills |
Components | Roll Body,Support Part or Necks,Roll Drive End |
Rolls | Iron Rolls,Carbide Rolls,Steel Rolls |
Industry Vertical | Oil & Gas,Industrial,Automotive,Mining,Others |
On the basis of geography, the market of Rolling Mill Rolls has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emerging High Technology Rolling Mill Rolls in Market and Technological Advancements in the Rolling Mill Rolls
Market Growth Drivers:
Growing Industrial Process Requires Enhanced Productivity and Efficiency and Demand for Rolling Mills for the Production Process of Metal to Form a Structural Steel
Challenges:
Stringent Regulatory Guidelines with the Rolling Mill Rolls
Restraints:
Complexity Involved with the Rolling Mill Rolls Production and Machines
Opportunities:
Surging Demand for Rolling Mill Rolls from Pharmaceutical Applications
Key Target Audience
Rolling Mill Rolls Manufacturers, Rolling Mill Rolls International Traders, Rolling Mill Rolls Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
On 18th January 2021, Buhler North America expands and strengthens its service network and offerings with the acquisition of Design Corrugating Companies. With this move, the company now operates seven service centers in the US, serving grain, oilseed, feed, pet food, and chocolate processors, as well as brewers and distillers, inks and coatings, and many others who utilize roller mills.