The global Reversing Cold Mills market was valued at US$ 483.2 million in 2019 and it is expected to reach US$ 678 million by the end of 2026, growing at a CAGR of 4.9% during 2021-2026.
Reversing mills are also known as reversing cold rolling mills. The reversing mill is so named because the steel runs back and forth between the rollers, reducing the thickness incrementally with each pass. A reversing mill can be used to reduce material to gauge. Reversing mill plants are preferable for rolling silicon steels and other special grades.
In the industry, SMS Group profits most in 2018 and recent years, while ANDRITZ Group and Primetals Technologies ranked 2 and 3. The market share of them is 10.28%, 9.59% and 8.25% in 2018.
From the view of the region, Europe has a larger market share in 2018 which accounts for 41.23% and will witness stable growth in the following years. North America and China hold a market share of 22.58% and 16.36% will still play an important role which cannot be ignored.
Global Reversing Cold Mills Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Reversing Cold Mills Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Sms Group, Andritz Group, Primetals Technologies, Danieli, Mino Spa, Tenova (Techint Group), John Cockerill Group, Ihi Corporation, Fagor Arrasate S.Coop., Shanghai Jingxiang, At&M Environmental, Mas Rollpro and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Single-stand Reversing Cold Mills
- Two-stand Reversing Cold Mills
Single-stand Reversing Cold Mills is the main type for Reversing Cold Mills, and the Single-stand Reversing Cold Mills reached a sales volume of approximately 149 Unit in 2018, with 63.23% of global sales volume.
Segment by Application
Steel was the widest application in the global Reversing Cold Mills consumption market, with a leading market share of 79% in 2018.
Table of Content:
1 Reversing Cold Mills Market Overview
2 Reversing Cold Mills Market Competition by Manufacturers
3 Reversing Cold Mills Retrospective Market Scenario by Region
4 Global Reversing Cold Mills Historic Market Analysis by Type
5 Global Reversing Cold Mills Historic Market Analysis by Application
6 Key Companies Profiled
7 Reversing Cold Mills Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Reversing Cold Mills Market Dynamics
10 Global Reversing Cold Mills Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.