| Product Code: ETC210816 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 |
The India rolling mill market import shipments demonstrated robust growth from 2020 to 2024, with a notable CAGR of 119.4%. There was a strong uptick in growth between 2023 and 2024 at 19.4%, indicating accelerated market expansion and positive momentum throughout the period.
The India rolling mill market is a vital segment of the country`s steel and metal processing industry. Rolling mills are industrial facilities that shape and deform metal by passing it through rollers at various temperatures and pressures. These mills are essential for the production of various metal products, including sheets, bars, and rods, used in construction, automotive, aerospace, and other industries. The market for rolling mills in India has witnessed significant growth due to the country`s expanding industrial base and the demand for high-quality metal products for infrastructure and manufacturing purposes.
The growth of the India rolling mill market is driven by several factors. Firstly, the booming construction and infrastructure sectors in the country have led to a surge in demand for steel and metal products. Rolling mills play a crucial role in processing and shaping metal to meet the specific requirements of these industries. Secondly, the automotive sector`s growth, driven by increased consumer spending and foreign investments, has also boosted the demand for rolled metal products for vehicle components. Additionally, the government`s initiatives to promote the manufacturing sector through "Make in India" campaigns have further driven the demand for rolling mills to produce quality metal products for various industries.
Despite its growth prospects, the India rolling mill market faces certain challenges. One significant challenge is the high initial investment required to set up rolling mills and the continuous need for upgrades and maintenance. This capital-intensive nature of the industry may deter potential investors, particularly smaller enterprises, from entering the market. Moreover, the increasing competition from international manufacturers and the availability of imported steel and metal products at competitive prices pose a challenge to domestic rolling mills. To remain competitive, domestic players need to focus on technology adoption, product innovation, and cost optimization.
The Covid-19 pandemic had a notable impact on the India rolling mill market. With the nationwide lockdowns and restrictions, industrial activities, including manufacturing and construction, experienced disruptions. The reduced economic activities led to a decline in demand for steel and metal products during the initial phase of the pandemic. However, as the economy gradually reopened and the construction and manufacturing sectors resumed operations, the demand for rolled metal products started to recover. The pandemic also highlighted the importance of resilient supply chains and digitalization in the industry.
The India rolling mill market is served by several key players, both domestic and international. Companies such as Tata Steel Limited, JSW Steel Limited, Steel Authority of India Limited (SAIL), and Essar Steel India Limited are among the prominent players in the market. These companies have a strong presence and extensive manufacturing capabilities, allowing them to cater to diverse industries` demands for rolled metal products. Moreover, they focus on technology adoption and process optimization to maintain their competitive edge in the market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Rolling Mill Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Rolling Mill Market Revenues & Volume, 2021 & 2031F |
3.3 India Rolling Mill Market - Industry Life Cycle |
3.4 India Rolling Mill Market - Porter's Five Forces |
3.5 India Rolling Mill Market Revenues & Volume Share, By Machine Type, 2021 & 2031F |
3.6 India Rolling Mill Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.7 India Rolling Mill Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 India Rolling Mill Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 India Rolling Mill Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Rapid industrialization and infrastructure development in India driving the demand for steel products, boosting the rolling mill market. |
4.2.2 Government initiatives like "Make in India" promoting manufacturing sector growth, leading to increased demand for rolling mills. |
4.2.3 Technological advancements in rolling mill equipment improving efficiency and productivity, attracting investments in the market. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the cost of production for rolling mills. |
4.3.2 Intense competition in the market leading to pricing pressures and reduced profit margins. |
4.3.3 Regulatory challenges and environmental concerns regarding emissions and waste management affecting operations of rolling mills. |
5 India Rolling Mill Market Trends |
6 India Rolling Mill Market, By Types |
6.1 India Rolling Mill Market, By Machine Type |
6.1.1 Overview and Analysis |
6.1.2 India Rolling Mill Market Revenues & Volume, By Machine Type, 2021-2031F |
6.1.3 India Rolling Mill Market Revenues & Volume, By Two high rolling mill, 2021-2031F |
6.1.4 India Rolling Mill Market Revenues & Volume, By Three high rolling mill, 2021-2031F |
6.1.5 India Rolling Mill Market Revenues & Volume, By Four high rolling mill, 2021-2031F |
6.1.6 India Rolling Mill Market Revenues & Volume, By Tandem rolling mill, 2021-2031F |
6.1.7 India Rolling Mill Market Revenues & Volume, By Cluster rolling mill, 2021-2031F |
6.1.8 India Rolling Mill Market Revenues & Volume, By Planetary rolling mill, 2021-2031F |
6.2 India Rolling Mill Market, By Process |
6.2.1 Overview and Analysis |
6.2.2 India Rolling Mill Market Revenues & Volume, By Controlled rolling, 2021-2031F |
6.2.3 India Rolling Mill Market Revenues & Volume, By Forge rolling, 2021-2031F |
6.2.4 India Rolling Mill Market Revenues & Volume, By Profile rolling, 2021-2031F |
6.2.5 India Rolling Mill Market Revenues & Volume, By Ring rolling, 2021-2031F |
6.2.6 India Rolling Mill Market Revenues & Volume, By Hot rolling, 2021-2031F |
6.2.7 India Rolling Mill Market Revenues & Volume, By Cold rolling, 2021-2031F |
6.3 India Rolling Mill Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Rolling Mill Market Revenues & Volume, By Metal fabrication, 2021-2031F |
6.3.3 India Rolling Mill Market Revenues & Volume, By Household appliances, 2021-2031F |
6.3.4 India Rolling Mill Market Revenues & Volume, By Construction materials, 2021-2031F |
6.3.5 India Rolling Mill Market Revenues & Volume, By Railway tracks, 2021-2031F |
6.4 India Rolling Mill Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 India Rolling Mill Market Revenues & Volume, By Automotive and Transportation, 2021-2031F |
6.4.3 India Rolling Mill Market Revenues & Volume, By General Manufacturing, 2021-2031F |
6.4.4 India Rolling Mill Market Revenues & Volume, By Construction, 2021-2031F |
6.4.5 India Rolling Mill Market Revenues & Volume, By Residential and Commercial, 2021-2031F |
6.4.6 India Rolling Mill Market Revenues & Volume, By Defense, 2021-2031F |
6.4.7 India Rolling Mill Market Revenues & Volume, By Energy, 2021-2031F |
7 India Rolling Mill Market Import-Export Trade Statistics |
7.1 India Rolling Mill Market Export to Major Countries |
7.2 India Rolling Mill Market Imports from Major Countries |
8 India Rolling Mill Market Key Performance Indicators |
8.1 Energy efficiency metrics for rolling mills to track and optimize energy consumption. |
8.2 Percentage of downtime in rolling mill operations to assess productivity and operational efficiency. |
8.3 Adoption rate of automation and digital technologies in rolling mills to monitor technological advancement and competitiveness. |
9 India Rolling Mill Market - Opportunity Assessment |
9.1 India Rolling Mill Market Opportunity Assessment, By Machine Type, 2021 & 2031F |
9.2 India Rolling Mill Market Opportunity Assessment, By Process, 2021 & 2031F |
9.3 India Rolling Mill Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 India Rolling Mill Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 India Rolling Mill Market - Competitive Landscape |
10.1 India Rolling Mill Market Revenue Share, By Companies, 2024 |
10.2 India Rolling Mill Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |