Product Code: ETC303639 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The saudi arabia market for rolling mill components and ancillary equipment is closely tied to the steel and metal industry`s growth trajectory. These components, including cooling systems, guides, and automation solutions, are integral for seamless and efficient rolling operations. As the country aims to expand its industrial base and become more self-reliant in steel production, the demand for advanced rolling mill equipment is on the rise. The market is characterized by collaborations between local manufacturers and international suppliers to meet the evolving demands of the sector.
The market for rolling mill components and ancillary equipment in Saudi Arabia is driven by the country`s growing steel and metal production sector. The need for efficient and reliable equipment to support the rolling process is a key driver. Investments in infrastructure and industrial projects also contribute to market growth.
The Saudi Arabia Rolling Mill Components and Ancillary Equipment market confronts several hurdles. One of the primary challenges is the need for continuous innovation to meet evolving industry standards and environmental regulations. Additionally, the market must cope with fluctuations in steel prices, which can affect the cost-effectiveness of rolling mills. The reliance on imports for certain specialized components can also pose supply chain risks.
The rolling mill components and ancillary equipment market in Saudi Arabia faced several challenges during the COVID-19 pandemic. The lockdowns and restrictions imposed to curb the spread of the virus disrupted supply chains and hampered manufacturing activities. This led to delays in project timelines, affecting the demand for rolling mill components and related equipment. Moreover, reduced construction activities and decreased investments in infrastructure projects during the pandemic had a significant impact on the market. However, as the economy gradually reopened and infrastructure projects resumed, there was a resurgence in demand for rolling mill components, driven by the need to support construction and manufacturing sectors in their recovery.
Siemens VAI, Primetals Technologies, and SMS group are key players providing rolling mill components and ancillary equipment in Saudi Arabia.
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 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market - Industry Life Cycle |
3.4 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market - Porter's Five Forces |
3.5 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for steel products in Saudi Arabia |
4.2.2 Increasing investments in infrastructure projects and industrial development |
4.2.3 Technological advancements in rolling mill components and ancillary equipment |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Regulatory challenges and compliance requirements |
4.3.3 Intense competition from international players |
5 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market Trends |
6 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market, By Types |
6.1 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market Revenues & Volume, By Iron Rolls, 2021-2031F |
6.1.4 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market Revenues & Volume, By Steel Rolls, 2021-2031F |
6.1.5 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.2 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.3 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.5 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market Revenues & Volume, By Mining, 2021-2031F |
6.2.6 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market Import-Export Trade Statistics |
7.1 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market Export to Major Countries |
7.2 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market Imports from Major Countries |
8 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market Key Performance Indicators |
8.1 Percentage of steel production capacity utilization in Saudi Arabia |
8.2 Number of infrastructure projects using rolling mill components and ancillary equipment |
8.3 Adoption rate of advanced technologies in the rolling mill industry in Saudi Arabia |
9 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market - Opportunity Assessment |
9.1 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market - Competitive Landscape |
10.1 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Rolling Mill Components and Ancillary Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |