Metal Coils Market Scenario & Industry Outlook 2019-2025 | ArcelorMittal, Nippon Steel and Sumitomo Metal, JFE Steel Corporation, Tata Steel, POSCO, Nucor Corporation, Benxi Steel Group, NLMK Group, ThyssenKrupp, JSW Steel Ltd, Maanshan Steel, United Stat

Metal coils are finished metal product such as sheet or strip which has been wound or coiled after rolling. Metal coils are of different type which include steel, copper, brass, aluminium, and bronze coils etc. steel, copper and aluminium coils are widely used metal coils due its properties such as thermal & electrical conductivity, high strength, high degree of dimensional accuracy, flexibility etc. Metal coils are used across a wide range of industries, such as automotive, construction, container manufacturing, tools, machinery, food and beverage and electronics.

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Steel coils are further classified into hot and cold- rolled types, or stainless steel coil, carbon coil and galvanized steel according to current products such as for the manufacture of pipes, steel doors, manufacture of machinery, tools and containers etc. Galvanized sheet is used in the automotive industry or in the production of roofing materials (e.g. flashing, guttering).

The demand for electric car is rising as it helps to reduce the emissions that contribute to climate change and smog, improving public health and reducing ecological damage. Metallic coils or magnetic coils are the main elements in electric motors. The operation of electric motor is composed of a magnetic coil or metallic coil that rotates by strong magnets that surround it.

Alloy aluminium coil is a very common material with many advantages. Alloy aluminium coil has good forming performance, corrosion resistance, weld ability and medium strength, used to make airplane oil tank, oil pipe, as well as the transportation vehicles, ships' metal parts, instrument, lamps stent and rivet, metal products, electrical enclosure, etc. However, the rising price of metal can hamper the growth of metal coil market in coming years.

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Key Types:

Copper coils is expected to account for significant revenue share in the global market

Copper coils are widely used in electric vehicles as a major component of electric motors, batteries, inverters, wiring and in charging stations. Electrification of transport modes is also developing quickly, especially for two-wheelers and buses which is anticipated to provide lucrative growth to copper coils. Renewable energy accelerates copper coils demand growth as copper coils are consumed intensely for conventional power generation. As such, the expansion of renewable energy globally should be another driver of copper coil demand going forward. Growing construction activities all around the world is expected to increase copper coil demand as it is one of the important building material.

Asia Pacific is anticipated to account for significant revenue share in the global market

Asia Pacific metal coil market is having a lucrative growth pertaining to the growing automotive production with the passenger vehicle segment exhibiting the highest growth rate. Production of passenger vehicles (PV), light commercial vehicles (LCV), and heavy trucks drive the growth of metal coil market. The production of light vehicles, in China, is also estimated to bolster metal coil market.

Key Market Players

ArcelorMittal
Nippon Steel and Sumitomo Metal
JFE Steel Corporation
Tata Steel
POSCO
Nucor Corporation
Benxi Steel Group
NLMK Group
ThyssenKrupp
JSW Steel Ltd
Maanshan Steel
United States Steel Corporation
Jianlong Group
Valin Steel Group
Steel Authority of RoW Limited
China Steel Corporation
Hyundai Steel
Jingye Steel
Gerdau
Anyang Group
Others

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Market Segments: Metal Coil Market

By Types

Steel coil
Aluminium coil
Copper coil
Bronze coil
others

By Application

Electric Vehicles
Construction
Transport
Energy
Machinery
Other

By End-User

Packaging industry
Electrical Industry
Others

By Region

North America
US
Canada
Europe
Germany
France
UK
Asia Pacific
China
India
Japan
The Middle East and Africa
UAE
South Africa
Central and South America
Brazil
Mexico

Key Sources

Industry Associations
Company Annual Reports
Company Websites
Key industry leaders
Technology consultants
Others

Key Questions Answered

What are the key growth regions and countries?
What are the important types and technologies being used?
What are the market players doing, in terms of research and development?
Which are the new applications for this market?
What are the integrations happening?
What is the recent news, developments, mergers, or large value deals?
Where will the industry go in the long run?

Key Stakeholders

Component Providers
OEMs
Technology solution providers
Regulatory Authorities
Research and Innovation Organizations
Technocrats
Suppliers and Distributors
Other Channel Partners
Quality Control Organizations

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code- Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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