Acid Pickling Roll Market, By Type (Continuous Pickling Roll, Batch Pickling Roll), By Material Type (Stainless Steel, Other Alloys, Composite Materials), By Application (Automotive, Construction, Appliances, Other End-use Industries), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Acid pickling is an important process to perform before galvanizing. The process removes iron oxides and scale and converts them to soluble compounds. It also prepares the steel surface for the application of a protective zinc coating. This protective layer protects the steel from corrosion in the atmosphere. The process uses hydrochloric or sulfuric acid to dissolve and remove the oxidation of stainless steel parts before passivation.
Market Dynamics:
The global acid pickling roll market is expected to witness significant growth over the forecast period. The major drivers for this growth are increased steel production and demand for high-strength products, increasing oil prices, improved technology, and rising labor costs. Moreover, growing awareness regarding the benefits of the process such as cost savings, picking reduces waste, and improves product quality are expected to provide significant growth opportunities.
On the other hand, the major challenges facing the industry are environmental regulations and safety concerns. This is expected to hamper the market growth.
Key features of the study:
This report provides in-depth analysis of the global acid pickling roll market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global acid pickling roll market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Sandvik AB, Jindal Stainless Ltd., ArcelorMittal, Outokumpu Oyj, AK Steel Holding Corporation, Tata Steel Limited, POSCO, ThyssenKrupp AG, Tenova S.p.A., Andritz AG, CMI Industry Metals Inc., Fives Group, Unison Rolling Technology, Voestalpine AG, and Nippon Steel & Sumitomo Metal Corporation
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global acid pickling roll market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global acid pickling roll market
Detailed Segmentation:
Global Acid Pickling Roll Market, By Type of Acid Pickling Roll
Continuous Pickling Roll
Batch Pickling Roll
Global Acid Pickling Roll Market, By Material Type
Stainless Steel
Other Alloys
Composite Materials
Global Acid Pickling Roll Market, By Application
Automotive
Construction
Appliances
Other End use Industries
Global Acid Pickling Roll Market, By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Player
Sandvik AB
Jindal Stainless Ltd.
ArcelorMittal
Outokumpu Oyj
AK Steel Holding Corporation
Tata Steel Limited
POSCO
ThyssenKrupp AG
Tenova S.p.A.
Andritz AG
CMI Industry Metals Inc.
Fives Group
Unison Rolling Technology
Voestalpine AG
Nippon Steel & Sumitomo Metal Corporation