| Product Code: ETC210822 | Publication Date: May 2022 | 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 Vietnam rolling mill market is integral to the metalworking industry, supplying rolling mills and related equipment for metal shaping and processing. Its growth aligns with developments in manufacturing and construction, as rolling mills are essential for producing various metal products.
The growth of the Vietnam rolling mill market is driven by its applications in metalworking and the production of various metal products. Rolling mills are essential equipment in the manufacturing of metal sheets, coils, and bars. The expanding metal fabrication, construction, and automotive industries contribute to the market`s growth as manufacturers seek efficient and high-quality rolling mill equipment.
The Vietnam rolling mill market may face challenges related to raw material availability, pricing fluctuations, and market demand. Rolling mills are used in metal processing and manufacturing. The availability and pricing of metal raw materials, such as steel and aluminum, can be subject to market dynamics, geopolitical factors, and supply chain disruptions, leading to price volatility and supply constraints. Additionally, market demand can fluctuate based on economic conditions and industry trends. Companies need to closely monitor raw material markets, diversify sources, and adapt to changing market conditions to thrive in this market.
The Vietnam rolling mill market experienced disruptions due to the COVID-19 pandemic, affecting both supply and demand aspects. Reduced industrial activities, particularly in the steel and metalworking sectors, contributed to decreased demand for rolling mills and related equipment. Additionally, supply chain interruptions impacted the availability of critical components and machinery. Manufacturers in Vietnam had to navigate challenges by adjusting production schedules, optimizing supply chains, and exploring export opportunities. As industrial sectors gradually recovered, the rolling mill market is expected to stabilize.
In the Vietnam rolling mill market, key players primarily consist of both domestic manufacturers and international suppliers. Domestic companies like Vietnam Steel Corporation (VNSTEEL) play a crucial role in the production and distribution of rolling mill products within Vietnam. Additionally, international manufacturers of rolling mill equipment like SMS Group are influential players in supplying machinery and technology to the Vietnamese steel industry.
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 Vietnam Rolling Mill Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Rolling Mill Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Rolling Mill Market - Industry Life Cycle |
3.4 Vietnam Rolling Mill Market - Porter's Five Forces |
3.5 Vietnam Rolling Mill Market Revenues & Volume Share, By Machine Type, 2021 & 2031F |
3.6 Vietnam Rolling Mill Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.7 Vietnam Rolling Mill Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Vietnam Rolling Mill Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Vietnam Rolling Mill Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for steel products in various industries such as construction, automotive, and infrastructure development in Vietnam. |
4.2.2 Government initiatives to boost domestic manufacturing capabilities and reduce reliance on imports. |
4.2.3 Technological advancements in rolling mill equipment leading to improved efficiency and quality of output. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices, such as iron ore and coal, impacting the production costs of rolling mills. |
4.3.2 Infrastructure challenges, including inadequate transportation facilities and power supply issues, affecting the operational efficiency of rolling mills. |
4.3.3 Intense competition from foreign rolling mill manufacturers offering competitive pricing and advanced technologies. |
5 Vietnam Rolling Mill Market Trends |
6 Vietnam Rolling Mill Market, By Types |
6.1 Vietnam Rolling Mill Market, By Machine Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Rolling Mill Market Revenues & Volume, By Machine Type, 2021-2031F |
6.1.3 Vietnam Rolling Mill Market Revenues & Volume, By Two high rolling mill, 2021-2031F |
6.1.4 Vietnam Rolling Mill Market Revenues & Volume, By Three high rolling mill, 2021-2031F |
6.1.5 Vietnam Rolling Mill Market Revenues & Volume, By Four high rolling mill, 2021-2031F |
6.1.6 Vietnam Rolling Mill Market Revenues & Volume, By Tandem rolling mill, 2021-2031F |
6.1.7 Vietnam Rolling Mill Market Revenues & Volume, By Cluster rolling mill, 2021-2031F |
6.1.8 Vietnam Rolling Mill Market Revenues & Volume, By Planetary rolling mill, 2021-2031F |
6.2 Vietnam Rolling Mill Market, By Process |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Rolling Mill Market Revenues & Volume, By Controlled rolling, 2021-2031F |
6.2.3 Vietnam Rolling Mill Market Revenues & Volume, By Forge rolling, 2021-2031F |
6.2.4 Vietnam Rolling Mill Market Revenues & Volume, By Profile rolling, 2021-2031F |
6.2.5 Vietnam Rolling Mill Market Revenues & Volume, By Ring rolling, 2021-2031F |
6.2.6 Vietnam Rolling Mill Market Revenues & Volume, By Hot rolling, 2021-2031F |
6.2.7 Vietnam Rolling Mill Market Revenues & Volume, By Cold rolling, 2021-2031F |
6.3 Vietnam Rolling Mill Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Rolling Mill Market Revenues & Volume, By Metal fabrication, 2021-2031F |
6.3.3 Vietnam Rolling Mill Market Revenues & Volume, By Household appliances, 2021-2031F |
6.3.4 Vietnam Rolling Mill Market Revenues & Volume, By Construction materials, 2021-2031F |
6.3.5 Vietnam Rolling Mill Market Revenues & Volume, By Railway tracks, 2021-2031F |
6.4 Vietnam Rolling Mill Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Rolling Mill Market Revenues & Volume, By Automotive and Transportation, 2021-2031F |
6.4.3 Vietnam Rolling Mill Market Revenues & Volume, By General Manufacturing, 2021-2031F |
6.4.4 Vietnam Rolling Mill Market Revenues & Volume, By Construction, 2021-2031F |
6.4.5 Vietnam Rolling Mill Market Revenues & Volume, By Residential and Commercial, 2021-2031F |
6.4.6 Vietnam Rolling Mill Market Revenues & Volume, By Defense, 2021-2031F |
6.4.7 Vietnam Rolling Mill Market Revenues & Volume, By Energy, 2021-2031F |
7 Vietnam Rolling Mill Market Import-Export Trade Statistics |
7.1 Vietnam Rolling Mill Market Export to Major Countries |
7.2 Vietnam Rolling Mill Market Imports from Major Countries |
8 Vietnam Rolling Mill Market Key Performance Indicators |
8.1 Energy consumption per ton of steel produced, indicating the efficiency of rolling mill operations. |
8.2 Percentage of scrap steel recycled in the production process, reflecting sustainability efforts and cost savings. |
8.3 Average downtime per month, measuring the reliability and maintenance efficiency of rolling mill equipment. |
9 Vietnam Rolling Mill Market - Opportunity Assessment |
9.1 Vietnam Rolling Mill Market Opportunity Assessment, By Machine Type, 2021 & 2031F |
9.2 Vietnam Rolling Mill Market Opportunity Assessment, By Process, 2021 & 2031F |
9.3 Vietnam Rolling Mill Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Vietnam Rolling Mill Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Vietnam Rolling Mill Market - Competitive Landscape |
10.1 Vietnam Rolling Mill Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Rolling Mill Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |