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

  • 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
  • Tenova

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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.

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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.

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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

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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

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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

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- 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.

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