Europe 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 Country and Growth Forecast, 2024 - 2031
The Europe Cold Rolled Steel Coil Market would witness market growth of 3.0% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 20,922.49 tonnes, showcasing a growth of 22.4% (2020-2024).
Full Hard steel possesses minimal ductility and is often utilized in structural applications where forming is not required post-processing. This type of steel is favoured for its cost-effectiveness and ability to maintain precise dimensional tolerances. Therefore, the Germany market would utilize 2,002.05 tonnes of full hard cold rolled steel coil by 2031.
The Germany market dominated the Europe Cold Rolled Steel Coil Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $7,911.9 Thousands by 2031. The UK market is experiencing a CAGR of 2.1% during (2024 - 2031). Additionally, The France market would exhibit a CAGR of 3.9% during (2024 - 2031).
This offers tight dimensional tolerances and excellent surface quality, making them suitable for manufacturing pipes and tubes with precise dimensions. High-quality pipes and tubes are produced using cold-rolled steel coils, guaranteeing uniform thickness and a smooth surface finish.
Additionally, pipes and tubes manufactured using cold-rolled steel coils can be easily welded together to create complex piping systems and structures. Cold-rolled steel coils can manufacture various pipes and tubes for various applications, including plumbing, construction, automotive, and industrial.
According to Eurostat data, in 2021, a substantial fraction of the EU population resided in primarily urban regions (40.5%) and intermediate regions (38.7%), with the remaining fifth (20.8%) living in predominantly rural regions. European countries are investing in infrastructure development and urban renewal projects to modernize cities, improve connectivity, and enhance quality of life. Cold-rolled steel coils are used to construct buildings, bridges, roads, railways, and other urban infrastructure, driving European steel demand. Europe's growing population and urbanization trends drive residential and commercial real estate demand.
Based on Hardness, the market is segmented into Half-hard, Full Hard, Quarter Hard, and Others. Based on End User, the market is segmented into Automotive, Construction, Aerospace, Oil & Gas, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
By Hardness (Volume, Tonnes, USD Million, 2020-2031)
- Half-hard
- Full Hard
- Quarter Hard
- Others
- Automotive
- Construction
- Aerospace
- Oil & Gas
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Cold Rolled Steel Coil Market, by Hardness
- 1.4.2 Europe Cold Rolled Steel Coil Market, by End User
- 1.4.3 Europe Cold Rolled Steel Coil Market, by Country
- 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. Europe Cold Rolled Steel Coil Market by Hardness
- 4.1 Europe Half-hard Market by Country
- 4.2 Europe Full Hard Market by Country
- 4.3 Europe Quarter Hard Market by Country
- 4.4 Europe Others Market by Country
- Chapter 5. Europe Cold Rolled Steel Coil Market by End-User
- 5.1 Europe Automotive Market by Country
- 5.2 Europe Construction Market by Country
- 5.3 Europe Aerospace Market by Country
- 5.4 Europe Oil & Gas Market by Country
- 5.5 Europe Others Market by Country
- Chapter 6. Europe Cold Rolled Steel Coil Market by Country
- 6.1 Germany Cold Rolled Steel Coil Market
- 6.1.1 Germany Cold Rolled Steel Coil Market by Hardness
- 6.1.2 Germany Cold Rolled Steel Coil Market by End-User
- 6.2 UK Cold Rolled Steel Coil Market
- 6.2.1 UK Cold Rolled Steel Coil Market by Hardness
- 6.2.2 UK Cold Rolled Steel Coil Market by End-User
- 6.3 France Cold Rolled Steel Coil Market
- 6.3.1 France Cold Rolled Steel Coil Market by Hardness
- 6.3.2 France Cold Rolled Steel Coil Market by End-User
- 6.4 Russia Cold Rolled Steel Coil Market
- 6.4.1 Russia Cold Rolled Steel Coil Market by Hardness
- 6.4.2 Russia Cold Rolled Steel Coil Market by End-User
- 6.5 Spain Cold Rolled Steel Coil Market
- 6.5.1 Spain Cold Rolled Steel Coil Market by Hardness
- 6.5.2 Spain Cold Rolled Steel Coil Market by End-User
- 6.6 Italy Cold Rolled Steel Coil Market
- 6.6.1 Italy Cold Rolled Steel Coil Market by Hardness
- 6.6.2 Italy Cold Rolled Steel Coil Market by End-User
- 6.7 Rest of Europe Cold Rolled Steel Coil Market
- 6.7.1 Rest of Europe Cold Rolled Steel Coil Market by Hardness
- 6.7.2 Rest of Europe 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
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