India hot rolled & cold rolled steel market is expected to grow at a steady CAGR for the forecast period, FY2023-FY2027. Hot rolled is less costly than the cold rolled steel and it is widely used in heavy machinery, truck frames, agricultural equipment, metal building applications and large pipes and tubes. Increasing automation in various prominent industries is expected to foster the growth of the hot rolled and cold rolled market for the next five years. Rising disposable income among the middle-class families in India is increasing the expenditure capacity of consumers thereby fueling the growth of automotive industry, in which the hot and cold rolled steel is widely used, ultimately accelerating the rise of hot rolled & cold rolled steel market in India. Surge in demand for infrastructural activities is increasing the demand for hot rolled and cold rolled steel market. Rapid industrialization to cater to the different needs of rising population is contributing significantly to the growth of the hot rolled and cold rolled steel market.
India hot rolled & cold rolled steel market is segmented i
The major players operating in the India hot rolled & cold rolled steel market are JSW Steel Ltd, Steel Authority of India Ltd., Essar Steel India Ltd., Jindal Steel & Power Ltd., Rashtriya Ispat Nigam Ltd. (RINL),
Years considered for this report
Historical YearsFY2024-2032-FY2024-2032
Base YearFY2024-2032
Estimated YearFY2022E
Forecast PeriodFY2023–FY2027F
Objective of the Study
- To analyze the historical growth in the market size of India hot rolled & cold rolled steel market from FY2024-2032 to FY2024-2032.
- To estimate and forecast the market size of India hot rolled & cold rolled steel market from FY2022 to FY2027F and growth rate until FY2027F.
- To classify and forecast India hot rolled & cold rolled steel market based on product, form, application, regional distribution, and company.
- To identify dominant region or segment in the India hot rolled & cold rolled steel market.
- To identify drivers and challenges for India hot rolled & cold rolled steel market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India hot rolled & cold rolled steel market.
- To identify and analyze the profile of leading players operating in India hot rolled & cold rolled steel market.
- To identify key sustainable strategies adopted by market players in India hot rolled & cold rolled steel market.
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufacturers who could not be identified due to the limitations of secondary research. Market insights research analyzed the manufacturers, distribution channels and presence of all major players across India.
Market insights research calculated the market size of
Key Target Audience
- Hot rolled & cold rolled steel manufacturing companies
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to hot rolled & cold rolled steel market
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
