Global Cold Rolled Silicon Steel Market Growth 2023-2029

Global Cold Rolled Silicon Steel Market Growth 2023-2029

Cold rolling is used to further treat hot rolled steel sheet to increase its strength and its strength-to-weight ratio and enable it to hold tighter tolerances during fabricating and machining. In addition, cold rolling is used to smooth and finish the surface of hot rolled steel. The processes used to improve the surface finish and to size the cold rolled sheet more precisely include chemical or mechanical descaling and cold rolling or polishing. It also increases its strength and hardness because it is performed at room temperature and below the recrystallization temperature.

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

This Insight Report provides a comprehensive analysis of the global Cold Rolled Silicon Steel 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 Cold Rolled Silicon Steel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Cold Rolled Silicon Steel market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cold Rolled Silicon Steel 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 Cold Rolled Silicon Steel.

The global Cold Rolled Silicon Steel market size is projected to grow from US$ 124620 million in 2022 to US$ 153350 million in 2029; it is expected to grow at a CAGR of 153350 from 2023 to 2029.

China is the largest Cold Rolled Silicon Steel market with about 54% market share. Europe is follower, accounting for about 15% market share.

The key players are China Baowu Steel Group, POSCO, Nippon Steel & Sumitomo Metal, ArcelorMittal, Shougang, Hyundai Steel, Ansteel Group, JFE Steel Corporation, Benxi Steel Group, Hesteel Group, United States Steel Corporation, Nucor Corporation, China Steel Corporation, Shagang Group, Steel Authority of India Limited, Tata Steel, NLMK Group, Maanshan Steel, ThyssenKrupp, JSW Steel Ltd, Valin Steel Group etc. Top 5 companies occupied about 38% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Cold Rolled Silicon Steel market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Cold Rolled Coils (Thickness≥3mm)
Cold Rolled Coils (Thicknessbelow 3mm)

Segmentation by application
Automotive
Construction
Home Appliance
Machinery
Others

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.
China Baowu Steel Group
NSSMC
JFE Steel Corporation
Shougang Group
TISCO
APERAM
NLMK Group
AK Steel
ThyssenKrupp
Ansteel
Masteel
Posco
Cogent(Tata Steel)
Stalprodukt S.A.
CSC

Key Questions Addressed in this Report

What is the 10-year outlook for the global Cold Rolled Silicon Steel market?

What factors are driving Cold Rolled Silicon Steel market growth, globally and by region?

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

How do Cold Rolled Silicon Steel market opportunities vary by end market size?

How does Cold Rolled Silicon Steel 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.