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Global Cold Rolled Steel Coil Market Size, Share & Trends Analysis Report By Hardness (Half-hard, Full Hard, Quarter Hard, and Others), By End User (Automotive, Construction, Aerospace, Oil & Gas, and Others), By Regional Outlook and Forecast, 2024 - 2031

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    Report

  • 313 Pages
  • July 2024
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5988774
Description Jump to:
The Global Cold Rolled Steel Coil Market size is expected to reach $192.8 billion by 2031, rising at a market growth of 3.3% CAGR during the forecast period. In the year 2023, the market attained a volume of 1,58,498.32 tonnes, experiencing a growth of 22.6% (2020-2023).

The Asia Pacific region is experiencing rapid urbanization and industrialization, driving demand for cold-rolled steel coils in construction applications. The demand for cold-rolled steel coils in appliance applications is fueled by the presence of some of the world's biggest appliance manufacturers in the Asia Pacific region. Thus, the Asia Pacific region acquired 51.4% revenue share in the market 2023. In terms of volume the Asia Pacific region would attain a volume of 1,07,199.40 tonnes by 2031. The Asia Pacific region is a hub for manufacturing and machinery industries, driving demand for cold-rolled steel coils in these applications. The packaging industry's demand for cold-rolled steel coils is fueled by the Asia Pacific region's significant consumption of packaged goods.



Lightweighting is becoming an important priority for automotive manufacturers to increase vehicle performance, lower emissions, and improve fuel efficiency. These are a strong and lightweight alternative to conventional materials like cast iron and hot-rolled steel for lightweight applications in the automotive industry.

Additionally, Cold-rolled steel coils are used to construct high-rise buildings and manufacture structural components, framing systems, and cladding materials. Hence, rapid industrialization and urbanization has been a pivotal factor in driving the growth of the market.

However, the high initial investment cost is a significant entry barrier for new players entering the market. New entrants may struggle to compete with existing businesses that have made significant investments in production facilities, equipment, and infrastructure. Thus, high initial investment cost can slow down the growth of the market.

Driving and Restraining Factors

Drivers
  • Increasing focus on lightweighting and fuel efficiency
  • Rapid construction and infrastructure development
  • Growing industrialization and urbanization
Restraints
  • High initial investment cost
  • Persistent supply chain disruptions
Opportunities
  • Rising customization and value-added services
  • Integration of digitalization and Industry 4.0 technologies
Challenges
  • Adverse impact of trade barriers and tariffs
  • Significant stringent environmental regulations

End User Outlook

Based on end-user, the market is classified into construction, automotive, oil & gas, aerospace, and others. In 2023, the automotive segment witnessed 37% revenue share in the market. In terms of volume the automotive segment would attain a volume of 69,433.61 tonnes by 2031. Cold-rolled steel coils offer high tensile strength and excellent durability, making them ideal for structural and safety-critical automotive components.



Hardness Outlook

By hardness, the market is categorized into full hard, half-hard, quarter hard, and others. The full hard segment covered 27% revenue share in the market in 2023. In terms of volume the hardness segment would attain a volume of 49,668.97 tonnes by 2031.

Regional Outlook

Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2023, the North America region acquired 23% revenue share in the market. In terms of volume, the North America region would attain a volume of 40,235.20 tonnes by 2031. North America is one of the largest automotive industries in the world, with a high demand for cold-rolled steel coils from automakers and automotive suppliers.

List of Key Companies Profiled

  • Tata Steel Limited (TATA Group) (Tata Sons Pvt. Ltd.)
  • ArcelorMittal S.A.
  • JFE Steel Corporation (JFE Holdings, Inc.)
  • Nippon Steel Corporation
  • China Steel Corporation
  • AK Steel International B.V. (Cleveland-Cliffs Inc.)
  • Nucor Corporation
  • Hyundai Steel Company (Hyundai Motor Company)
  • SSAB AB
  • Voestalpine AG

Market Report Segmentation

By Hardness (Volume, Tonnes, USD Million, 2020-2031)
  • Half-hard
  • Full Hard
  • Quarter Hard
  • Others
By End User (Volume, Tonnes, USD Million, 2020-2031)
  • Automotive
  • Construction
  • Aerospace
  • Oil & Gas
  • Others
By Geography (Volume, Tonnes, USD Million, 2020-2031)
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Cold Rolled Steel Coil Market, by Hardness
1.4.2 Global Cold Rolled Steel Coil Market, by End User
1.4.3 Global Cold Rolled Steel Coil Market, by Geography
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. Global Cold Rolled Steel Coil Market by Hardness
4.1 Global Half-hard Market by Region
4.2 Global Full Hard Market by Region
4.3 Global Quarter Hard Market by Region
4.4 Global Others Market by Region
Chapter 5. Global Cold Rolled Steel Coil Market by End-User
5.1 Global Automotive Market by Region
5.2 Global Construction Market by Region
5.3 Global Aerospace Market by Region
5.4 Global Oil & Gas Market by Region
5.5 Global Others Market by Region
Chapter 6. Global Cold Rolled Steel Coil Market by Region
6.1 North America Cold Rolled Steel Coil Market
6.1.1 North America Cold Rolled Steel Coil Market by Hardness
6.1.1.1 North America Half-hard Market by Country
6.1.1.2 North America Full Hard Market by Country
6.1.1.3 North America Quarter Hard Market by Country
6.1.1.4 North America Others Market by Country
6.1.2 North America Cold Rolled Steel Coil Market by End-User
6.1.2.1 North America Automotive Market by Country
6.1.2.2 North America Construction Market by Country
6.1.2.3 North America Aerospace Market by Country
6.1.2.4 North America Oil & Gas Market by Country
6.1.2.5 North America Others Market by Country
6.1.3 North America Cold Rolled Steel Coil Market by Country
6.1.3.1 US Cold Rolled Steel Coil Market
6.1.3.1.1 US Cold Rolled Steel Coil Market by Hardness
6.1.3.1.2 US Cold Rolled Steel Coil Market by End-User
6.1.3.2 Canada Cold Rolled Steel Coil Market
6.1.3.2.1 Canada Cold Rolled Steel Coil Market by Hardness
6.1.3.2.2 Canada Cold Rolled Steel Coil Market by End-User
6.1.3.3 Mexico Cold Rolled Steel Coil Market
6.1.3.3.1 Mexico Cold Rolled Steel Coil Market by Hardness
6.1.3.3.2 Mexico Cold Rolled Steel Coil Market by End-User
6.1.3.4 Rest of North America Cold Rolled Steel Coil Market
6.1.3.4.1 Rest of North America Cold Rolled Steel Coil Market by Hardness
6.1.3.4.2 Rest of North America Cold Rolled Steel Coil Market by End-User
6.2 Europe Cold Rolled Steel Coil Market
6.2.1 Europe Cold Rolled Steel Coil Market by Hardness
6.2.1.1 Europe Half-hard Market by Country
6.2.1.2 Europe Full Hard Market by Country
6.2.1.3 Europe Quarter Hard Market by Country
6.2.1.4 Europe Others Market by Country
6.2.2 Europe Cold Rolled Steel Coil Market by End-User
6.2.2.1 Europe Automotive Market by Country
6.2.2.2 Europe Construction Market by Country
6.2.2.3 Europe Aerospace Market by Country
6.2.2.4 Europe Oil & Gas Market by Country
6.2.2.5 Europe Others Market by Country
6.2.3 Europe Cold Rolled Steel Coil Market by Country
6.2.3.1 Germany Cold Rolled Steel Coil Market
6.2.3.1.1 Germany Cold Rolled Steel Coil Market by Hardness
6.2.3.1.2 Germany Cold Rolled Steel Coil Market by End-User
6.2.3.2 UK Cold Rolled Steel Coil Market
6.2.3.2.1 UK Cold Rolled Steel Coil Market by Hardness
6.2.3.2.2 UK Cold Rolled Steel Coil Market by End-User
6.2.3.3 France Cold Rolled Steel Coil Market
6.2.3.3.1 France Cold Rolled Steel Coil Market by Hardness
6.2.3.3.2 France Cold Rolled Steel Coil Market by End-User
6.2.3.4 Russia Cold Rolled Steel Coil Market
6.2.3.4.1 Russia Cold Rolled Steel Coil Market by Hardness
6.2.3.4.2 Russia Cold Rolled Steel Coil Market by End-User
6.2.3.5 Spain Cold Rolled Steel Coil Market
6.2.3.5.1 Spain Cold Rolled Steel Coil Market by Hardness
6.2.3.5.2 Spain Cold Rolled Steel Coil Market by End-User
6.2.3.6 Italy Cold Rolled Steel Coil Market
6.2.3.6.1 Italy Cold Rolled Steel Coil Market by Hardness
6.2.3.6.2 Italy Cold Rolled Steel Coil Market by End-User
6.2.3.7 Rest of Europe Cold Rolled Steel Coil Market
6.2.3.7.1 Rest of Europe Cold Rolled Steel Coil Market by Hardness
6.2.3.7.2 Rest of Europe Cold Rolled Steel Coil Market by End-User
6.3 Asia Pacific Cold Rolled Steel Coil Market
6.3.1 Asia Pacific Cold Rolled Steel Coil Market by Hardness
6.3.1.1 Asia Pacific Half-hard Market by Country
6.3.1.2 Asia Pacific Full Hard Market by Country
6.3.1.3 Asia Pacific Quarter Hard Market by Country
6.3.1.4 Asia Pacific Others Market by Country
6.3.2 Asia Pacific Cold Rolled Steel Coil Market by End-User
6.3.2.1 Asia Pacific Automotive Market by Country
6.3.2.2 Asia Pacific Construction Market by Country
6.3.2.3 Asia Pacific Aerospace Market by Country
6.3.2.4 Asia Pacific Oil & Gas Market by Country
6.3.2.5 Asia Pacific Others Market by Country
6.3.3 Asia Pacific Cold Rolled Steel Coil Market by Country
6.3.3.1 China Cold Rolled Steel Coil Market
6.3.3.1.1 China Cold Rolled Steel Coil Market by Hardness
6.3.3.1.2 China Cold Rolled Steel Coil Market by End-User
6.3.3.2 Japan Cold Rolled Steel Coil Market
6.3.3.2.1 Japan Cold Rolled Steel Coil Market by Hardness
6.3.3.2.2 Japan Cold Rolled Steel Coil Market by End-User
6.3.3.3 India Cold Rolled Steel Coil Market
6.3.3.3.1 India Cold Rolled Steel Coil Market by Hardness
6.3.3.3.2 India Cold Rolled Steel Coil Market by End-User
6.3.3.4 South Korea Cold Rolled Steel Coil Market
6.3.3.4.1 South Korea Cold Rolled Steel Coil Market by Hardness
6.3.3.4.2 South Korea Cold Rolled Steel Coil Market by End-User
6.3.3.5 Singapore Cold Rolled Steel Coil Market
6.3.3.5.1 Singapore Cold Rolled Steel Coil Market by Hardness
6.3.3.5.2 Singapore Cold Rolled Steel Coil Market by End-User
6.3.3.6 Malaysia Cold Rolled Steel Coil Market
6.3.3.6.1 Malaysia Cold Rolled Steel Coil Market by Hardness
6.3.3.6.2 Malaysia Cold Rolled Steel Coil Market by End-User
6.3.3.7 Rest of Asia Pacific Cold Rolled Steel Coil Market
6.3.3.7.1 Rest of Asia Pacific Cold Rolled Steel Coil Market by Hardness
6.3.3.7.2 Rest of Asia Pacific Cold Rolled Steel Coil Market by End-User
6.4 LAMEA Cold Rolled Steel Coil Market
6.4.1 LAMEA Cold Rolled Steel Coil Market by Hardness
6.4.1.1 LAMEA Half-hard Market by Country
6.4.1.2 LAMEA Full Hard Market by Country
6.4.1.3 LAMEA Quarter Hard Market by Country
6.4.1.4 LAMEA Others Market by Country
6.4.2 LAMEA Cold Rolled Steel Coil Market by End-User
6.4.2.1 LAMEA Automotive Market by Country
6.4.2.2 LAMEA Construction Market by Country
6.4.2.3 LAMEA Aerospace Market by Country
6.4.2.4 LAMEA Oil & Gas Market by Country
6.4.2.5 LAMEA Others Market by Country
6.4.3 LAMEA Cold Rolled Steel Coil Market by Country
6.4.3.1 Brazil Cold Rolled Steel Coil Market
6.4.3.1.1 Brazil Cold Rolled Steel Coil Market by Hardness
6.4.3.1.2 Brazil Cold Rolled Steel Coil Market by End-User
6.4.3.2 Argentina Cold Rolled Steel Coil Market
6.4.3.2.1 Argentina Cold Rolled Steel Coil Market by Hardness
6.4.3.2.2 Argentina Cold Rolled Steel Coil Market by End-User
6.4.3.3 UAE Cold Rolled Steel Coil Market
6.4.3.3.1 UAE Cold Rolled Steel Coil Market by Hardness
6.4.3.3.2 UAE Cold Rolled Steel Coil Market by End-User
6.4.3.4 Saudi Arabia Cold Rolled Steel Coil Market
6.4.3.4.1 Saudi Arabia Cold Rolled Steel Coil Market by Hardness
6.4.3.4.2 Saudi Arabia Cold Rolled Steel Coil Market by End-User
6.4.3.5 South Africa Cold Rolled Steel Coil Market
6.4.3.5.1 South Africa Cold Rolled Steel Coil Market by Hardness
6.4.3.5.2 South Africa Cold Rolled Steel Coil Market by End-User
6.4.3.6 Nigeria Cold Rolled Steel Coil Market
6.4.3.6.1 Nigeria Cold Rolled Steel Coil Market by Hardness
6.4.3.6.2 Nigeria Cold Rolled Steel Coil Market by End-User
6.4.3.7 Rest of LAMEA Cold Rolled Steel Coil Market
6.4.3.7.1 Rest of LAMEA Cold Rolled Steel Coil Market by Hardness
6.4.3.7.2 Rest of LAMEA Cold Rolled Steel Coil Market by End-User
Chapter 7. Company Profiles
7.1 Tata Steel Limited (TATA Group) (Tata Sons Pvt. Ltd.)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Product Launches and Product Expansions:
7.1.6 SWOT Analysis
7.2 ArcelorMittal S.A.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 SWOT Analysis
7.3 JFE Steel Corporation (JFE Holdings, Inc.)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental Analysis
7.3.4 SWOT Analysis
7.4 Nippon Steel Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Acquisition and Mergers:
7.4.6 SWOT Analysis
7.5 China Steel Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 SWOT Analysis
7.6 AK Steel International B.V. (Cleveland-Cliffs Inc.)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 SWOT Analysis
7.7 Nucor Corporation
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental Analysis
7.7.4 Research & Development Expenses
7.7.5 SWOT Analysis
7.8 Hyundai Steel Company (Hyundai Motor Company)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 SWOT Analysis
7.9 SSAB AB
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 SWOT Analysis
7.10. Voestalpine AG
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses
7.10.5 SWOT Analysis
Chapter 8. Winning Imperatives of Cold Rolled Steel Coil Market

Companies Mentioned

  • Tata Steel Limited (TATA Group) (Tata Sons Pvt. Ltd.)
  • ArcelorMittal S.A.
  • JFE Steel Corporation (JFE Holdings, Inc.)
  • Nippon Steel Corporation
  • China Steel Corporation
  • AK Steel International B.V. (Cleveland-Cliffs Inc.)
  • Nucor Corporation
  • Hyundai Steel Company (Hyundai Motor Company)
  • SSAB AB
  • Voestalpine AG

Methodology

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