Global Backup Roll Market Growth 2023-2029

Global Backup Roll Market Growth 2023-2029

The essence of the backup roll is to support the work roll, and the diameter of the work roll can be reduced and the rigidity of the work roll can be enhanced by the contact of the work roll with the workpiece. The backup roll is an important part in the rolling mill, which is used to support the work roll or the intermediate roll to prevent the work roll from flexing and deforming and affecting the output and quality of the plate and strip. The quality characteristics of the backup roll are high surface hardness of the roll body, good hardness uniformity, deep hardened layer of the roll body, good toughness of the roll neck and the body of the roll body; the quality characteristics of the backup roll are high wear resistance, peeling resistance Good and accident resistant.

The backup roll is an important part in the rolling mill. The use of the backup work roll prevents the bending deformation of the work roll from being affected, and the output of the belt is characterized and quality. Good performance, deep hardened layer of roll body, good pulling force of roll neck and roll body; anti-support quality features are high wear resistance, good peeling resistance and strong accident resistance.

LPI (LP Information)' newest research report, the “Backup Roll Industry Forecast” looks at past sales and reviews total world Backup Roll sales in 2022, providing a comprehensive analysis by region and market sector of projected Backup Roll sales for 2023 through 2029. With Backup Roll sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Backup Roll industry.

This Insight Report provides a comprehensive analysis of the global Backup Roll landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Backup Roll portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Backup Roll market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Backup Roll and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Backup Roll.

The global Backup Roll market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Backup Roll is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Backup Roll is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Backup Roll is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Backup Roll players cover Tongyu Heavy Industry, Union Electric-Akers, Shanghai Fengye Biological Technology Co., Ltd, Yantai Metallurgy Group, NKMZ International Projects Limited, Sennier Machinery Technology Development Co., Ltd, Tangshan XianLong Metallurgical Roll Co., Ltd.(XL-Rolls), Changsha Yuxin Steel and AMK Metallurgical Machinery Group Co., Ltd, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Backup Roll market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Cast Steel
Forged Steel
Cast Iron

Segmentation by application
Hot Rolled
Cold Rolled

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Tongyu Heavy Industry
Union Electric-Akers
Shanghai Fengye Biological Technology Co., Ltd
Yantai Metallurgy Group
NKMZ International Projects Limited
Sennier Machinery Technology Development Co., Ltd
Tangshan XianLong Metallurgical Roll Co., Ltd.(XL-Rolls)
Changsha Yuxin Steel
AMK Metallurgical Machinery Group Co., Ltd
Jiangyin Eternal Heavy Industry Co. Ltd
HITACHI
Whemco

Key Questions Addressed in this Report

What is the 10-year outlook for the global Backup Roll market?

What factors are driving Backup Roll market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Backup Roll market opportunities vary by end market size?

How does Backup Roll break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.