Continuous Annealing Lines Market
Continuous Annealing Lines Market Analysis by Capacity (100 TTPA to 250 TTPA, 250 TTPA to 500 TTPA, 500TTPA and above) & by Region – Global Market Insights 2023 to 2033
Analysis of Continuous Annealing Lines Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Continuous Annealing Lines Market Outlook (2023 to 2033)
A newly released continuous annealing lines market analysis report by Fact. MR reveals that global sales of continuous annealing lines in 2022 were held at US$ 14.9 Billion. With a 2.5% projected CAGR from 2023 to 2033, the market is expected to reach a valuation of US$ 19.5 Billion by the end of the forecast period.
Capacity ranging from 250 TTPA to 500 TTPA is expected to be the highest revenue-generating segment, projected to grow at a CAGR of over 1.8% from 2023 to 2033.
Report Attributes | Details |
---|---|
Global Continuous Annealing Lines Market Size (2023) |
US$ 15.3 Billion |
Global Continuous Annealing Lines Market Size (2033) |
US$ 19.5 Billion |
Global Continuous Annealing Lines Market CAGR (2023-2033) |
2.% |
U.S Continuous Annealing Lines Market CAGR (2023 – 2033) |
2.2% |
Key Companies Covered |
|
Don't Need a Global Report?
save 40%! on Country & Region specific reports
Revenue of Continuous Annealing Lines Market from 2018 to 2022 Compared to Demand Outlook for 2023 to 2033
As per the continuous annealing lines market research by Fact. MR - a market research and competitive intelligence provider, historically, from 2018 to 2022, the market value increased by 1.2% CAGR. With an absolute dollar opportunity of US$ 4.5 Billion, the market is projected to reach a US$ 19.5 Billion valuation by 2033.
What main factors are influencing the continuous annealing lines market expansion?
The growing steel industry and the increasing global demand for advanced high-strength steel have been driving the continuous annealing lines market. According to World Steel Association, the global steel industry is expected to grow by 2.3% in 2023 compared to 2022. The steel industry plays a vital role in modern infrastructure and manufacturing, providing the backbone for construction, automotive, and various industrial applications.
As industries seek to enhance the performance and durability of their products, the demand for advanced high-strength steel (AHSS) has surged globally. In 2021, the AHSS market value reached US$ 17.7 Bn and is expected to grow at a CAGR of 7.8% from 2022 to 2023. To meet this increasing demand efficiently and maintain the quality of AHSS, continuous annealing lines have emerged as an essential solution. The growing awareness of sustainability, energy efficiency, and lightweight design in the automotive and manufacturing sectors has triggered a surge in the demand for AHSS.
As the automotive industry continues to grow and evolve, there is a rising need for high-quality, lightweight, and high-strength steel used in the production of modern light vehicles. According to Global EV Outlook 2023 released by the International Energy Agency (IEA), global EV sales exceeded 10 million in 2022 and are expected to grow over the coming years as sales reached 2.3 million in the first quarter of 2033, a 25% increase compared to the same period in 2022.
This growing demand for EVs has created a heavy demand for lightweight steel, which has further encouraged the steel industries to set up continuous annealing lines to meet this rapidly increasing demand. For instance, Jamshedpur Continuous Annealing Line and Processing Company Private Limited, a joint venture of Tata Steel and Nippon Steel & Sumikin Engineering Co., Ltd. was set up specially to manufacture high-strength steel sheets to meet requirements for high fuel efficiency through car weight reduction and higher collision safety.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
Which Region is projected to bring significant revenues to the Continuous Annealing Lines Market?
East Asia had a market size of US$ 4.9 Billion in 2022 and is estimated to be worth US$ 5 Billion in 2023. It is projected that East Asia will have a market worth US$ 5.8 Billion by 2033.
The market in East Asia has been witnessing robust growth, driven by the region's thriving steel industry and the increasing demand for high-quality steel products. According to World Steel Association, crude steel production in East Asia accounted for 61.3% of the world's total output in 2020 due to the presence of prominent steel-producing nations like China and Japan.
This demand has had a direct impact on the market, with manufacturers in East Asia adopting these advanced technologies to meet the evolving steel production requirements. With continuous investments in research, development, and technological advancements, the East Asia steel industry is expected to sustain its growth trajectory, propelling the market forward and contributing to the region's economic and industrial development.
Country-wise Analysis
United States Continuous Annealing Lines Market Analysis:
The market in the United States is expected to grow to be worth US$ 3.5 Billion in 2023 with an absolute dollar growth of US$ 907.7 Million from 2023 to 2033. The market in the United States has grown at a CAGR of 1.0% from 2018 to 2022 and is expected to grow at a CAGR of 2.2% from 2023 to 2033.
The US government's commitment to infrastructure development has boosted the steel market. Significant investments in infrastructure projects, such as roads, bridges, and public utilities, drive the demand for steel products used in construction. In 2022, the construction sector of the U.S. was valued at US$ 1.8 trillion. With the growing construction sector, the demand for high-strength steel is also increasing which is encouraging steel manufacturers to set up new annealing plants to cater to the increasing demand.
China Continuous Annealing Lines Analysis:
The market in China is expected to grow to be worth US$ 2.6 Billion in 2023 with an absolute dollar growth of US$ 177.6 Million from 2023 to 2033. The market in China has shown a negative growth of 0.1% due to the after-pandemic effect from 2018 to 2022 and is expected to grow at a CAGR of 0.6% from 2023 to 2033.
According to the World Steel Association, China accounted for nearly 56.1% of global steel production in 2020, outpacing the combined output of the next nine largest steel-producing countries. China's manufacturing industry accounts for a significant proportion of its GDP, with a growth rate of approximately 5.8% in 2021 compared to the previous year. China's soaring steel production directly correlates with the increased adoption of continuous annealing lines. As the demand for high-quality steel products grows, manufacturers seek efficient, cost-effective ways to process steel coils. Continuous annealing lines offer the advantage of producing annealed steel coils in a continuous, automated manner, thus ensuring a steady supply to meet market demands.
Japan Continuous Annealing Lines Market Analysis:
The Japanese market is expected to grow to be worth US$ 1.4 Billion in 2023 with an absolute dollar growth of US$ 279.9 Million from 2023 to 2033. The market has grown at a CAGR of 0.3% from 2018 to 2022 and is expected to grow at a CAGR of 1.7% from 2023 to 2033.
The Japanese electronics market reached US$ 11 trillion in 2022 and is expected to see steady growth in the coming years. The rapid development of Japan's electronics market, with its ever-expanding array of devices and components, necessitates a consistent supply of high-grade steel. Continuous annealing lines allow steel manufacturers to produce top-quality steel coils that meet the stringent requirements of the electronics industry, ensuring the production of reliable and durable electronic devices.
India Continuous Annealing Lines Analysis:
India’s market is expected to grow to be worth US$ 1.4 Billion in 2023 with an absolute dollar growth of US$ 398.5 Million from 2023 to 2033. The market has grown at a CAGR of 1.4% from 2018 to 2022 and is expected to grow at a CAGR of 2.3% from 2023 to 2033.
The Indian automotive industry reached US$ 222 Bn in 2023 establishing it as the fourth largest automotive market globally. India aims to become the leader in shared mobility by 2030. India's automotive industry is not only catering to the domestic market but also establishing itself as a significant player in the global automotive trade. As Indian automakers seek to expand their presence in international markets, the need for high-quality steel processed through continuous annealing lines becomes imperative, thus India stands as a potential market for continuous annealing lines.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Category-wise Insights
What capacity of the Continuous Annealing Lines is projected to Witness Significant Growth?
The Continuous Annealing Lines of capacity 250 TTPA to 500 TTPA is projected to witness significant growth with a CAGR of 0.8% from 2018 to 2022 and is expected to grow at a CAGR of 1.8% from 2023 to 2033.
Among the top 300 steel manufacturing companies in 2022 based on production capacity, 120 companies belong to the second quartile range. Using the data, it is estimated that the continuous annealing lines with capacity ranging from 250 TTPA to 500 TTPA have the maximum demand as the steel production capacity of the plant and the capacity of continuous annealing lines are positively correlated.
Competitive Analysis
Key players in the Market are Nippon Steel & Sumikin Engineering Co., Ltd., SMS Group, Andritz, ABB, Primetals Technology, Ebner, John Cockerill, JP Steel Plantech Co., Fives, Ametek, Clecim France, Rudolph Libbe Group, Danieli Group, and Tenova.
- In April 2023, Fives delivered thermal sections for a new annealing and pickling line to Baowu steel group in China. The line is designed to produce high-quality non-grain-oriented grades for electric vehicle motors.
- In May 2023, ABB announced that it has completed the acquisition of Siemens' low-voltage NEMA motor business. This acquisition is part of ABB's profitable growth strategy in the Motion business area and strengthens its position as a leading industrial NEMA motor manufacturer.
- In March 2023, ABB and Microsoft announced a collaboration to integrate generative AI capabilities into industrial digital solutions for smart, safe, and sustainable operations. The integration of generative AI technology is expected to enable ABB's customers to optimize their operations, reduce downtime, and increase efficiency.
- In February 2022, Andritz signed an agreement with Jindal Stainless, India to supply new direct rolling, annealing, and pickling line having a capacity of 7 Million metric tons. This agreement is an opportunity for Andritz to create its footprint in India.
- In December 2022, John Cockerill acquired the cooling activities of the Hamon Group in Korea, aligning with their ambitions and industrial project. This acquisition expands John Cockerill's investment strategy in cooling activities and adds to its previous acquisitions of cooling activities in Belgium, France, Spain, and Indonesia.
- In July 2019, JP Steel Plantech Co. and CMI Industry Metals, a division of Cockerill Maintenance & Ingenierie SA (CMI), entered into a cooperation agreement. The agreement aimed to offer highly complementary products for the steel market.
Segmentation of the Global Market
-
By Capacity:
- 100 TTPA to 250 TTPA
- 250 TTPA to 500 TTPA
- 500 TTPA and above
-
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East and Africa
Table of Content
1. Global Market - Executive Summary 2. Market Overview 2.1. Market Definition and Introduction 2.2. Market Taxonomy/ Research Scope 3. Market Background and Foundation Data 3.1. Global Lightweight Vehicle Production, 2019-2023E 3.2. Global Electric vehicle Sales, 2016-2023E 3.3. Global Sales Of Metal Packaging 3.4. Market Value Of Annealed Products, 2018-2023E 3.5. Global Crude Steel Production, 2017-2021 3.6. Global Exports Of Steel Products 3.7. Top Exporters and Importers of Steel, 2021 3.8. Regional Distribution Of Sales Of Finished Steel Products,2021 4. Markets Dynamics 4.1. Key Growth Drivers 4.1.1. Industry Challenges 4.1.2. Notable Current and Future Trends 4.2. Porter’s Five Force Analysis 4.3. Value Chain Analysis 4.4. Forecast and Macro-Economic Factors – Relevance and Impact 5. Global Market Value (US$ Bn) Analysis and Forecast 5.1. Historical Market Value (US$ Bn) Analysis, 2018-2022 5.2. Current and Future Market Value (US$ Bn) Projections, 2023-2033 5.2.1. Y-o-Y Growth Trend Analysis 5.2.2. Absolute $ Opportunity Analysis 6. Global Market Analysis and Forecast, By Capacity 6.1. Introduction / Key Findings 6.2. Historical Market Size (US$ Bn) Analysis By Capacity, 2018-2022 6.3. Current and Future Market Size (US$ Bn) Analysis Forecast By Capacity, 2023-2033 6.3.1. 100 TTPA to 250 TTPA 6.3.2. 250 TTPA to 500 TTPA 6.3.3. 500 TTPA and above 6.4. Market Attractiveness Analysis By Capacity 7. Global Market Analysis and Forecast, by Region 7.1. Introduction 7.2. Historical Market Size (US$ Bn) Analysis By Region, 2018-2022 7.3. Current Market Size (US$ Bn) Analysis Forecast By Region, 2023-2033 7.3.1. North America 7.3.2. Latin America 7.3.3. Europe 7.3.4. East Asia 7.3.5. South Asia and Pacific 7.3.6. Middle East & Africa 7.4. Market Attractiveness Analysis By Region 8. North America Market Analysis and Forecast 8.1. Introduction / Key Findings 8.2. Historical Market Size (US$ Bn) Trend Analysis By Market Taxonomy, 2018-2022 8.3. Market Size (US$ Bn) Forecast By Market Taxonomy, 2023 - 2033 8.3.1. By Country 8.3.1.1. U.S. 8.3.1.2. Canada 8.3.2. By Capacity 8.4. Market Attractiveness Analysis 8.4.1. By Country 8.4.2. By Capacity 9. Latin America Market Analysis and Forecast 9.1. Introduction / Key Findings 9.2. Historical Market Size (US$ Bn) Trend Analysis By Market Taxonomy, 2018-2022 9.3. Market Size (US$ Bn) Forecast By Market Taxonomy, 2023 - 2033 9.3.1. By Country 9.3.1.1. Brazil 9.3.1.2. Mexico 9.3.1.3. Rest of Latin America 9.3.2. By Capacity 9.4. Market Attractiveness Analysis 9.4.1. By Country 9.4.2. By Capacity 10. Europe Market Analysis and Forecast 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ Bn) Trend Analysis By Market Taxonomy, 2018-2022 10.3. Market Size (US$ Bn) Forecast By Market Taxonomy, 2023 - 2033 10.3.1. By Country 10.3.1.1. Russia 10.3.1.2. Germany 10.3.1.3. Italy 10.3.1.4. France 10.3.1.5. Spain 10.3.1.6. Poland 10.3.1.7. Rest of Europe 10.3.2. By Capacity 10.4. Market Attractiveness Analysis 10.4.1. By Country 10.4.2. By Capacity 11. East Asia Market Analysis and Forecast 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ Bn) Trend Analysis By Market Taxonomy, 2018-2022 11.3. Market Size (US$ Bn) Forecast By Market Taxonomy, 2023 - 2033 11.3.1. By Country 11.3.1.1. China 11.3.1.2. Japan 11.3.1.3. South Korea 11.3.2. By Capacity 11.4. Market Attractiveness Analysis 11.4.1. By Country 11.4.2. By Capaicty 12. South Asia and Pacific Market Analysis and Forecast 12.1. Introduction / Key Findings 12.2. Historical Market Size (US$ Bn) Trend Analysis By Market Taxonomy, 2018-2022 12.3. Market Size (US$ Bn) Forecast By Market Taxonomy, 2023 - 2033 12.3.1. By Country 12.3.1.1. India 12.3.1.2. Vietnam 12.3.1.3. Indonesia 12.3.1.4. Malaysia 12.3.1.5. Rest of South Asia & Pacific 12.3.2. By Capacity 12.4. Market Attractiveness Analysis 12.4.1. By Country 12.4.2. By Capacity 13. Middle East & Africa Market Analysis and Forecast 13.1. Introduction / Key Findings 13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018-2022 13.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023 – 2033 13.3.1. By Country 13.3.1.1. Turkiye 13.3.1.2. Iran 13.3.1.3. Saudi Arabia 13.3.1.4. Rest of Middle East and Africa 13.3.2. By Capacity 13.4. Market Attractiveness Analysis 13.4.1. By Country 13.4.2. By Capacity 14. Country-level Market Analysis and Forecast 14.1. Introduction / Key Findings 14.1.1. Market Value Proportion Analysis, By Key Countries 14.1.2. Global Vs. Country Growth Comparison 14.2. U.S. Market Analysis 14.2.1. Value Proportion Analysis by Market Taxonomy 14.2.2. Value (US$ Bn) Analysis and Forecast by Market Taxonomy, 2018-2033 14.2.2.1. By Capacity 14.3. Canada Market Analysis 14.3.1. Value Proportion Analysis by Market Taxonomy 14.3.2. Value (US$ Mn) Forecast by Market Taxonomy, 2018-2033 14.3.2.1. By Capacity 14.4. Brazil Market Analysis 14.4.1. Value Proportion Analysis by Market Taxonomy 14.4.2. Value (US$ Bn) Analysis and Forecast by Market Taxonomy, 2018-2033 14.4.2.1. By Capacity 14.5. Mexico Market Analysis 14.5.1. Value Proportion Analysis by Market Taxonomy 14.5.2. Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2018-2033 14.5.2.1. By Capacity 14.6. Russia Market Analysis 14.6.1. Value Proportion Analysis by Market Taxonomy 14.6.2. Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2018-2033 14.6.2.1. By Capacity 14.7. Germany Market Analysis 14.7.1. Value Proportion Analysis by Market Taxonomy 14.7.2. Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2018-2033 14.7.2.1. By Capacity 14.8. Italy Market Analysis 14.8.1. Value Proportion Analysis by Market Taxonomy 14.8.2. Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2018-2033 14.8.2.1. By Capacity 14.9. France Market Analysis 14.9.1. Value Proportion Analysis by Market Taxonomy 14.9.2. Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2018-2033 14.9.2.1. By Capacity 14.10. Spain Market Analysis 14.10.1. Value Proportion Analysis by Market Taxonomy 14.10.2. Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2018-2033 14.10.2.1. By Capacity 14.11. Poland Market Analysis 14.11.1. Value Proportion Analysis by Market Taxonomy 14.11.2. Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2018-2033 14.11.2.1. By Capacity 14.12. China Market Analysis 14.12.1. Value Proportion Analysis by Market Taxonomy 14.12.2. Value (US$ Bn) Analysis and Forecast by Market Taxonomy, 2018-2033 14.12.2.1. By Capacity 14.13. Japan Market Analysis 14.13.1. Value Proportion Analysis by Market Taxonomy 14.13.2. Value (US$ Bn) Analysis and Forecast by Market Taxonomy, 2018-2033 14.13.2.1. By Capacity 14.14. South Korea Market Analysis 14.14.1. Value Proportion Analysis by Market Taxonomy 14.14.2. Value (US$ Bn) Analysis and Forecast by Market Taxonomy, 2018-2033 14.14.2.1. By Capacity 14.15. India Market Analysis 14.15.1. Value Proportion Analysis by Market Taxonomy 14.15.2. Value (US$ Bn) Analysis and Forecast by Market Taxonomy, 2018-2033 14.15.2.1. By Capacity 14.16. Vietnam Market Analysis 14.16.1. Value Proportion Analysis by Market Taxonomy 14.16.2. Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2018-2033 14.16.2.1. By Capacity 14.17. Indonesia Market Analysis 14.17.1. Value Proportion Analysis by Market Taxonomy 14.17.2. Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2018-2033 14.17.2.1. By Capacity 14.18. Malaysia Market Analysis 14.18.1. Value Proportion Analysis by Market Taxonomy 14.18.2. Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2018-2033 14.18.2.1. By Capacity 14.19. Turkiye Market Analysis 14.19.1. Value Proportion Analysis by Market Taxonomy 14.19.2. Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2018-2033 14.19.2.1. By Capacity 14.20. Iran Market Analysis 14.20.1. Value Proportion Analysis by Market Taxonomy 14.20.2. Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2018-2033 14.20.2.1. By Capacity 14.21. Saudi Arabia Market Analysis 14.21.1. Value Proportion Analysis by Market Taxonomy 14.21.2. Value (US$ Mn) and Volume (Th Units) Analysis and Forecast by Market Taxonomy, 2018-2033 14.21.2.1. By Capacity 15. Market Structure Analysis 15.1. Market Analysis by Tier of Companies 15.2. Market Share Analysis of Top Players 15.3. Market Presence Analysis 15.3.1. By Regional Footprint of Players 15.3.2. Capacity Footprint by Players 16. Competition Analysis 16.1. Competition Dashboard 16.2. Competition Deep Dive: Market 16.2.1. Nippon Steel & Sumikin Engineering Co., Ltd. 16.2.1.1. Overview 16.2.1.2. Capacity Portfolio 16.2.1.3. Key Financials 16.2.1.4. SWOT Analysis 16.2.1.5. Key Developments 16.2.1.6. Strategy Overview 16.2.2. SMS Group 16.2.2.1. Overview 16.2.2.2. Capacity Portfolio 16.2.2.3. Key Financials 16.2.2.4. SWOT Analysis 16.2.2.5. Key Developments 16.2.2.6. Strategy Overview 16.2.3. Andritz 16.2.3.1. Overview 16.2.3.2. Capacity Portfolio 16.2.3.3. Key Financials 16.2.3.4. SWOT Analysis 16.2.3.5. Key Developments 16.2.3.6. Strategy Overview 16.2.4. ABB 16.2.4.1. Overview 16.2.4.2. Capacity Portfolio 16.2.4.3. Key Financials 16.2.4.4. SWOT Analysis 16.2.4.5. Key Developments 16.2.4.6. Strategy Overview 16.2.5. Primetals Technology 16.2.5.1. Overview 16.2.5.2. Capacity Portfolio 16.2.5.3. Key Financials 16.2.5.4. SWOT Analysis 16.2.5.5. Key Developments 16.2.5.6. Strategy Overview 16.2.6. Ebner 16.2.6.1. Overview 16.2.6.2. Capacity Portfolio 16.2.6.3. Key Financials 16.2.6.4. SWOT Analysis 16.2.6.5. Key Developments 16.2.6.6. Strategy Overview 16.2.7. John Cockerill 16.2.7.1. Overview 16.2.7.2. Capacity Portfolio 16.2.7.3. Key Financials 16.2.7.4. SWOT Analysis 16.2.7.5. Key Developments 16.2.7.6. Strategy Overview 16.2.8. JP Steel Plantech Co. 16.2.8.1. Overview 16.2.8.2. Capacity Portfolio 16.2.8.3. Key Financials 16.2.8.4. SWOT Analysis 16.2.8.5. Key Developments 16.2.8.6. Strategy Overview 16.2.9. Fives 16.2.9.1. Overview 16.2.9.2. Capacity Portfolio 16.2.9.3. Key Financials 16.2.9.4. SWOT Analysis 16.2.9.5. Key Developments 16.2.9.6. Strategy Overview 16.2.10. Ametek 16.2.10.1. Overview 16.2.10.2. Capacity Portfolio 16.2.10.3. Key Financials 16.2.10.4. SWOT Analysis 16.2.10.5. Key Developments 16.2.10.6. Strategy Overview 16.2.11. Clecim France 16.2.11.1. Overview 16.2.11.2. Capacity Portfolio 16.2.11.3. Key Financials 16.2.11.4. SWOT Analysis 16.2.11.5. Key Developments 16.2.11.6. Strategy Overview 16.2.12. Rudolph Libbe Group 16.2.12.1. Overview 16.2.12.2. Capacity Portfolio 16.2.12.3. Key Financials 16.2.12.4. SWOT Analysis 16.2.12.5. Key Developments 16.2.12.6. Strategy Overview 16.2.13. Danieli Group 16.2.13.1. Overview 16.2.13.2. Capacity Portfolio 16.2.13.3. Key Financials 16.2.13.4. SWOT Analysis 16.2.13.5. Key Developments 16.2.13.6. Strategy Overview 16.2.14. Tenova 16.2.14.1. Overview 16.2.14.2. Capacity Portfolio 16.2.14.3. Key Financials 16.2.14.4. SWOT Analysis 16.2.14.5. Key Developments 16.2.14.6. Strategy Overview 17. Assumptions & Acronyms Used 18. Research Methodology
Don't Need a Global Report?
save 40%! on Country & Region specific reports
List Of Table
Table 01: Global Market Value ( US$ Billion ), by Capacity, 2018 - 2033
Table 02: Global Market Value (US$ Billion), by Region, 2018 - 2033
Table 03: North America Market Value ( US$ Billion ), by Capacity, 2018 - 2033
Table 04: North America Market Value (US$ Billion), by Country, 2018 - 2033
Table 05: Latin America Market Value ( US$ Million ), by Capacity, 2018 - 2033
Table 06: Latin America Market Value (US$ Million), by Country, 2018 - 2033
Table 07: Europe Market Value ( US$ Million ), by Capacity, 2018 - 2033
Table 08: Europe Market Value (US$ Million), by Country, 2018 - 2033
Table 09: East Asia Market Value ( US$ Billion ), by Capacity, 2018 - 2033
Table 10: East Asia Market Value (US$ Billion), by Country, 2018 - 2033
Table 11: South Asia and Pacific Market Value ( US$ Million ), by Capacity, 2018 - 2033
Table 12: South Asia and Pacific Market Value (US$ Million), by Country, 2018 - 2033
Table 13: Middle East and Africa Market Value ( US$ Million ), by Capacity, 2018 - 2033
Table 14: Middle East and Africa Market Value (US$ Million), by Country, 2018 - 2033
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
List Of Figures
Figure 1: Global Value (US$ Bn) Analysis, 2018, 2023 and 2033
Figure 2: Global Market Value (US$ Bn) Forecast and Analysis, 2018-2022
Figure 3: Global Market Value (US$ Bn) Forecast and Analysis, 2023-2033
Figure 4: Global Value Y-o-Y Growth and Forecast, 2019-2033
Figure 5: Global Incremental $ Opportunity, 2022-2033
Figure 6: Global Market Share Analysis By Capacity - 2023 & 2033
Figure 7: Global Market Value Y-o-Y Growth and Forecast By Capacity, 2023-2033
Figure 8: Global Market Attractiveness Analysis By Capacity, 2023-2033
Figure 9: Global Market Y-o-Y Growth Projections by Region, 2023-2033
Figure 10: Global Market Attractiveness Analysis by Region, 2023-2033
Figure 11: North America Market Value (US$ Bn) Forecast and Analysis, 2018-2022
Figure 12: North America Market Value (US$ Bn) Forecast and Analysis, 2023-2033
Figure 13: North America Market Value Y-o-Y Growth and Forecast, 2019-2033
Figure 14: North America Market Incremental $ Opportunity, 2022-2033
Figure 15: North America Market Share by Country– 2023 & 2033
Figure 16: North America Market Y-o-Y Growth Projections by Country, 2023-2033
Figure 17: North America Market Attractiveness Analysis by Country, 2023-2033
Figure 18: North America Market Share Analysis By Capacity - 2023 & 2033
Figure 19: North America Market Value Y-o-Y Growth and Forecast By Capacity, 2023-2033
Figure 20: North America Market Attractiveness Analysis By Capacity, 2023-2033
Figure 21: Latin America Market Value (US$ Bn) Forecast and Analysis, 2018-2022
Figure 22: Latin America Market Value (US$ Bn) Forecast and Analysis, 2023-2033
Figure 23: Latin America Market Value Y-o-Y Growth and Forecast, 2019-2033
Figure 24: Latin America Market Incremental $ Opportunity, 2022-2033
Figure 25: Latin America Market Share by Country– 2023 & 2033
Figure 26: Latin America Market Y-o-Y Growth Projections by Country, 2023-2033
Figure 27: Latin America Market Attractiveness Analysis by Country, 2023-2033
Figure 28: Latin America Market Share Analysis By Capacity - 2023 & 2033
Figure 29: Latin America Market Value Y-o-Y Growth and Forecast By Capacity, 2023-2033
Figure 30: Latin America Market Attractiveness Analysis By Capacity, 2023-2033
Figure 31: Europe Market Value (US$ Bn) Forecast and Analysis, 2018-2022
Figure 32: Europe Market Value (US$ Bn) Forecast and Analysis, 2023-2033
Figure 33: Europe Market Value Y-o-Y Growth and Forecast, 2019-2033
Figure 34: Europe Market Incremental $ Opportunity, 2022-2033
Figure 35: Europe Market Share by Country– 2023 & 2033
Figure 36: Europe Market Y-o-Y Growth Projections by Country, 2023-2033
Figure 37: Europe Market Attractiveness Analysis by Country, 2023-2033
Figure 38: Europe Market Share Analysis By Capacity - 2023 & 2033
Figure 39: Europe Market Value Y-o-Y Growth and Forecast By Capacity, 2023-2033
Figure 40: Europe Market Attractiveness Analysis By Capacity, 2023-2033
Figure 41: East Asia Market Value (US$ Bn) Forecast and Analysis, 2018-2022
Figure 42: East Asia Market Value (US$ Bn) Forecast and Analysis, 2023-2033
Figure 43: East Asia Market Value Y-o-Y Growth and Forecast, 2019-2033
Figure 44: East Asia Market Incremental $ Opportunity, 2022-2033
Figure 45: East Asia Market Share by Country– 2023 & 2033
Figure 46: East Asia Market Y-o-Y Growth Projections by Country, 2023-2033
Figure 47: East Asia Market Attractiveness Analysis by Country, 2023-2033
Figure 48: East Asia Market Share Analysis By Capacity - 2023 & 2033
Figure 49: East Asia Market Value Y-o-Y Growth and Forecast By Capacity, 2023-2033
Figure 50: East Asia Market Attractiveness Analysis By Capacity, 2023-2033
Figure 51: South Asia & Pacific Market Value (US$ Bn) Forecast and Analysis, 2018-2022
Figure 52: South Asia & Pacific Market Value (US$ Bn) Forecast and Analysis, 2023-2033
Figure 53: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019-2033
Figure 54: South Asia & Pacific Market Incremental $ Opportunity, 2022-2033
Figure 55: South Asia & Pacific Market Share by Country– 2023 & 2033
Figure 56: South Asia & Pacific Market Y-o-Y Growth Projections by Country, 2023-2033
Figure 57: South Asia & Pacific Market Attractiveness Analysis by Country, 2023-2033
Figure 58: South Asia & Pacific Market Share Analysis By Capacity - 2023 & 2033
Figure 59: South Asia & Pacific Market Value Y-o-Y Growth and Forecast By Capacity, 2023-2033
Figure 60: South Asia & Pacific Market Attractiveness Analysis By Capacity, 2023-2033
Figure 61: Middle East & Africa Market Value (US$ Mn) Forecast and Analysis, 2018-2022
Figure 62: Middle East & Africa Market Value (US$ Mn) Forecast and Analysis, 2023-2033
Figure 63: Middle East & Africa Market Value Y-o-Y Growth and Forecast, 2019-2033
Figure 64: Middle East & Africa Market Incremental $ Opportunity, 2022-2033
Figure 65: Middle East & Africa Market Share by Country– 2023 & 2033
Figure 66: Middle East & Africa Market Y-o-Y Growth Projections by Country, 2023-2033
Figure 67: Middle East & Africa Market Attractiveness Analysis by Country, 2023-2033
Figure 68: Middle East & Africa Market Share Analysis By Capacity - 2023 & 2033
Figure 69: Middle East & Africa Market Value Y-o-Y Growth and Forecast By Capacity, 2023-2033
Figure 70: Middle East & Africa Market Attractiveness Analysis By Capacity, 2023-2033
Figure 71: United States Market Value (US$ Bn) Forecast and Analysis, 2018-2033
Figure 72: United States Market Value, By Capacity, 2023 & 2033
Figure 73: United States Market Incremental $ Opportunity, 2023-2033
Figure 74: Canada Market Value (US$ Mn) Forecast and Analysis, 2018-2033
Figure 75: Canada Market Value, By Capacity, 2023 & 2033
Figure 76: Canada Market Incremental $ Opportunity, 2023-2033
Figure 77: Brazil Market Value (US$ Bn) Forecast and Analysis, 2018-2033
Figure 78: Brazil Market Value, By Capacity, 2023 & 2033
Figure 79: Brazil Market Incremental $ Opportunity, 2023-2033
Figure 80: Mexico Market Value (US$ Mn) Forecast and Analysis, 2018-2033
Figure 81: Mexico Market Value, By Capacity, 2023 & 2033
Figure 82: Mexico Market Incremental $ Opportunity, 2023-2033
Figure 83: Russia Market Value (US$ Mn) Forecast and Analysis, 2018-2033
Figure 84: Russia Market Value, By Capacity, 2023 & 2033
Figure 85: Russia Market Incremental $ Opportunity, 2023-2033
Figure 86: Germany Market Value (US$ Mn) Forecast and Analysis, 2018-2033
Figure 87: Germany Market Value, By Capacity, 2023 & 2033
Figure 88: Germany Market Incremental $ Opportunity, 2023-2033
Figure 89: Italy Market Value (US$ Mn) Forecast and Analysis, 2018-2033
Figure 90: Italy Market Value, By Capacity, 2023 & 2033
Figure 91: Italy Market Incremental $ Opportunity, 2023-2033
Figure 92: France Market Value (US$ Mn) Forecast and Analysis, 2018-2033
Figure 93: France Market Value, By Capacity, 2023 & 2033
Figure 94: France Market Incremental $ Opportunity, 2023-2033
Figure 95: Spain Market Value (US$ Mn) Forecast and Analysis, 2018-2033
Figure 96: Spain Market Value, By Capacity, 2023 & 2033
Figure 97: Spain Market Incremental $ Opportunity, 2023-2033
Figure 98: Poland Market Value (US$ Mn) Forecast and Analysis, 2018-2033
Figure 99: Poland Market Value, By Capacity, 2023 & 2033
Figure 100: Poland Market Incremental $ Opportunity, 2023-2033
Figure 101: China Market Value (US$ Bn) Forecast and Analysis, 2018-2033
Figure 102: China Market Value, By Capacity, 2023 & 2033
Figure 103: China Market Incremental $ Opportunity, 2023-2033
Figure 104: Japan Market Value (US$ Bn) Forecast and Analysis, 2018-2033
Figure 105: Japan Market Value, By Capacity, 2023 & 2033
Figure 106: Japan Market Incremental $ Opportunity, 2023-2033
Figure 107: South Korea Market Value (US$ Bn) Forecast and Analysis, 2018-2033
Figure 108: South Korea Market Value, By Capacity, 2023 & 2033
Figure 109: South Korea Market Incremental $ Opportunity, 2023-2033
Figure 110: India Market Value (US$ Bn) Forecast and Analysis, 2018-2033
Figure 111: India Market Value, By Capacity, 2023 & 2033
Figure 112: India Market Incremental $ Opportunity, 2023-2033
Figure 113: Vietnam Market Value (US$ Mn) Forecast and Analysis, 2018-2033
Figure 114: Vietnam Market Value, By Capacity, 2023 & 2033
Figure 115: Vietnam Market Incremental $ Opportunity, 2023-2033
Figure 116: Indonesia Market Value (US$ Mn) Forecast and Analysis, 2018-2033
Figure 117: Indonesia Market Value, By Capacity, 2023 & 2033
Figure 118: Indonesia Market Incremental $ Opportunity, 2023-2033
Figure 119: Malaysia Market Value (US$ Mn) Forecast and Analysis, 2018-2033
Figure 120: Malaysia Market Value, By Capacity, 2023 & 2033
Figure 121: Malaysia Market Incremental $ Opportunity, 2023-2033
Figure 122: Turkey Market Value (US$ Mn) Forecast and Analysis, 2018-2033
Figure 123: Turkey Market Value, By Capacity, 2023 & 2033
Figure 124: Turkey Market Incremental $ Opportunity, 2023-2033
Figure 125: Iran Market Value (US$ Mn) Forecast and Analysis, 2018-2033
Figure 126: Iran Market Value, By Capacity, 2023 & 2033
Figure 127: Iran Market Incremental $ Opportunity, 2023-2033
Figure 128: Saudi Arabia Market Value (US$ Mn) Forecast and Analysis, 2018-2033
Figure 129: Saudi Arabia Market Value, By Capacity, 2023 & 2033
Figure 130: Saudi Arabia Market Incremental $ Opportunity, 2023-2033
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What value did the market reach in 2022?
The market was valued at US$ 14.9 Billion in 2022.
What value is the estimated to reach in 2023?
The market is estimated to be valued at US$ 15.3 Billion in 2023.
What valuation is the market estimated to reach by 2033?
The market is expected to reach a valuation of US$ 19.6 Billion by 2033.
What is the global absolute market growth from 2023 to 2033?
The global absolute market growth from 2023 to 2033 is US$ 4.5 Billion.
What value CAGR did the market exhibit over the last 4 years?
The market registered a CAGR of 1.2% over the last 4 years.
What is the projected CAGR for the market from 2023 to 2033?
The market is projected to witness a CAGR of 2.5% from 2023 to 2033.
What capacity of Continuous Annealing Lines will garner a significant value share by 2023?
Capacity ranging from 250 TTPA to 500 TTPA is expected to garner a significant value share by 2023.
What is the expected market size of the United States Market until 2033?
The market in the United States is projected to witness a market size of US$ 4.4 Billion and is expected to grow at a 2.2% CAGR from 2023 to 2033.
Which are the key companies in the market?
Nippon Steel & Sumikin Engineering Co., Ltd., SMS Group, Andritz, ABB, Primetals Technology, Ebner, John Cockerill, JP Steel Plantech Co., Fives, Ametek, Clecim France, Rudolph Libbe Group, Danieli Group, and Tenova.