What is Rolling Mill?
A Rolling mill is a machine used to roll metals into sheets or bars or different shapes. In a rolling mill, the metal is passed through one or more pairs of rolls, changing the thickness of the metal into the required form. Depending on the temperature of the metal rolled, rolling can be of two types- hot rolling and cold rolling. If the temperature of the metal is above recrystallization, the process is hot rolling and cold rolling is when the temperature is below recrystallization. Growing demand from the construction and manufacturing industry coupled with an upsurge in the automotive and transportation industry are driving the growth of the global rolling mill market. North America is contributing enormous growth in the rolling mills market owing to its high steel manufacturing capacity as well as growing construction industries.
The market study is broken down by Type (Two High Rolling Mill, Three High Rolling Mill, Four High Rolling Mill, Tandem Rolling Mill and Others (Cluster Rolling Mill, and Planetary Rolling Mill)), by Application (Construction Materials, Metal Fabrication, Household Appliances, Railway Tracks and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that Manufacturers from United States will contribute to the maximum growth of Global Rolling Mill market throughout the predicted period.
Schlebach Maschinen GmbH (Germany), American Steel Products Company (United States), International Rolling Mills (United States), Pepetools (United States), Nosstec AB (Sweden), Durston Tools (United Kingdom), JP Steel Plantech Co. (Japan), Durma (South Africa), Faccin S.p.A. (Italy) and Carell Corp. (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are FENN (Germany), MINO SPA (Italy), Xtek (United States), ANDRITZ (Austria) and Amada Co. Ltd. (Japan).
AdvanceMarketAnalytics has segmented the market of Global Rolling Mill market by Type, Application and Region.
On the basis of geography, the market of Rolling Mill 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). If we see Market by Industry Verticals, the sub-segment i.e. Automotive and Transportation will boost the Rolling Mill market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Steel will boost the Rolling Mill market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Process, the sub-segment i.e. Hot Rolling will boost the Rolling Mill market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Operation, the sub-segment i.e. Manual will boost the Rolling Mill market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Technological Advancements such as Automation, Development of Sensors and Actuators
- Increased Infrastructure Development and Rapid Industrialisation in Emerging Economies
- Growing Demand for High Productivity and Better Output
- Growing Infrastructure and Development in Transportation and Automotive Industries in Emerging Economies
- Increasing Demand from Various Industries such as Packaging
- High Set-up Cost and Operational Maintenance
- Intense Competition in the Market
Key Target AudienceRolling Mill Manufacturers, Equipment/System Suppliers, Government Authorities, Traders/Exporters/Importers, End-Use Industry and Others
About ApproachDuring this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
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