Acid Pickling Roll Market Growth Accelerated by Adoption of Anti-Rust Acid Pickle Rolls
Acid pickle rolls help remove scale, rust or oxide films
from metallic surfaces and accurately prepare them for subsequent processing
such as coating or plating to improve corrosion resistance. The demand for acid
pickling rolls have increased in various end-use industries such as automotive,
oil & gas, marine, energy, and general engineering to enhance product
durability. The global Acid Pickling Roll Market is estimated to be valued at
US$ 1,167 Mn in 2023 and is expected to exhibit a CAGR of 3.5% over the
forecast period 2023 to 2030, as highlighted in a new report published by
Coherent Market Insights.
Market key trends:
The growing adoption of anti-rust acid pickling rolls to increase product
lifespan across various corrosion prone industrial applications has accelerated
the growth of the acid pickling roll market. Acid pickling rolls equipped with
advanced rust removal properties efficiently prepare metallic surfaces and
ensure long term corrosion protection. Major market players have developed
innovative acid pickling roll designs integrated with robust rust removing acid
mixtures that have enhanced productivity and reduced manufacturing costs for
end-use industries.
Segment Analysis
The global acid pickling roll market is segmented on the basis of type and
end-use industry. By type, steel pickling roll is dominating the segment
currently accounting for over 60% share. This is mainly because steel pickling
rolls are extensively used in the steel processing industry for descaling steel
before further processing. By end-use industry, steel industry is the leading
segment in the acid pickling roll market. The steel industry employs large
number of acid pickling rolls for pickling processes during steel
manufacturing.
Key Takeaways
The global acid pickling roll market is expected to witness high growth over
the forecast period of 2023 to 2030.
The rising steel production across regions is driving
the demand for acid pickling rolls. Asia Pacific is currently the largest and
fastest growing market for acid pickling rolls accounting for over 45% share.
China is the largest producer as well as consumer of steel globally. This is
boosting the growth of acid pickling roll market in the country.
Key players operating in the acid pickling roll market are SMS group, Primetals
Technologies, ANDRITZ Group, CAndM Roll Handling, Danieli, MINO SPA, VDH Galli
Gandini, Sino-Entropy Tek, DANIELI group, Shenyang Yongsheng, and Qingdao
Youjia. These companies are focusing on capacity expansion and new product
launches to strengthen their market position. For instance, in 2023, SMS group
expanded its capacity for pickling lines at its facility in India to cater to
the growing steel demand.
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