Global Ring Rolling Products Market Outlook (2023 to 2033)

Global ring rolling product market sales totaled US$ 3,436.5 million in 2018. Looking forward, global demand for ring rolling products is projected to rise at 4.9% CAGR. The worldwide ring rolling products market size is likely to expand from US$ 4,146.7 million in 2023 to US$ 6,716.2 million by the end of 2033.

Ring rolling product demand is expected to remain high in automotive sector. This is due to growing importance of ring rolling products in this thriving sector. As per Future Market Insights (FMI), the automotive segment is set to account for around 21.0% market share in 2023.

Key Market Shaping Factors:

  • Booming automotive & aerospace sectors to elevate ring rolling product demand
  • Growing need for highly-efficient and cost-effective components across several sectors to bolster ring rolling product sales
  • Development of technologically advanced ring rolling machines is expected to create lucrative opportunities for ring rolling product manufacturers
  • Escalating demand for lightweight material will significant opportunities for ring rolling products
  • Rapid expansion of renewable energy infrastructure to uplift ring rolling product demand during the assessment period

In recent years, demand for ring rolling products such as seamless forged rings has increased dramatically and put ring rolling technology into the limelight. This is due to high adoption of rolled rings or ring rollers across various sectors.

A unique process employed for creating seamless ring-shaped components by means of specialized equipment (ring rolling machine) is known as ring rolling. It is gaining wider popularity due to its ability to create seamless rings with optimum mechanical properties and efficient machinability.

Growth of the market is propelled by the increasing demand for ring rolling products from the various end-use sectors. With the increasing demand for air travel and advanced aircraft technologies, demand for ring rolling products used in aerospace components is expected to rise steadily.

Rolled ring products are being increasingly used for applications such as clutches, drives, flanges, bearings, valves, ring gaskets, etc. Widening application of these products will therefore continue to boost the global ring rolling products industry.

Technological advancements coupled with development of advanced ring rolling machines are transforming the ring rolling products industry.

Manufacturers are using automated systems and computer-controlled equipment to develop high-quality ring rolling products with greater precision, consistency, and efficiency. Adoption of these novel equipment is also helping companies to reduce manufacturing costs.

The integration of automation and robotics into the manufacturing process has enabled ring rolling manufacturers to increase production efficiency and reduce costs. Automated systems can perform repetitive tasks with greater accuracy and speed while reducing the need for manual labor.

High demand for ring rolling products from the automobile and aerospace sectors is expected to boost the global market.

Ring rolling technology is well-suited to meet the unique demands of the automotive sector, which requires components that are lightweight, high-strength, and able to withstand harsh operating conditions.

By using ring rolling technology, manufacturers can produce complex, high-strength components with precise tolerance, which are essential characteristics for meeting the requirements of the automotive sector.

Rising production and sales of vehicles globally is expected to create lucrative growth prospects for the target market.

As per the International Organization of Motor Vehicle Manufacturers (OICA), global vehicle production cross 85 million in 2022 and this figure is estimated to further rise during the forthcoming period. This in turn will generate high demand for ring rolling products.

Attributes Key Insights
Estimated Global Ring Rolling Products Market Size (2023) US$ 4,146.7 million
Projected Ring Rolling Products Market Value (2033) US$ 6,716.2 million
Value CAGR (2023 to 2033) 4.9%

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2018 to 2022 Global Ring Rolling Products Sales Outlook Compared to Demand Forecast from 2023 to 2033

Global sales of ring rolling products increased at 4.4% CAGR during the historical period from 2018 to 2022. Total market value at the end of 2022 reached around US$ 3,945.4 million as per Future Market Insights’ (FMI) latest analysis.

Looking ahead, the global market for ring rolling products is anticipated to progress at a steady CAGR of 4.9% through 2033. It is likely to attain a valuation of US$ 6,716.2 million by the end of 2033.

Increasing need for ring rolling products across sectors such as automotive, construction, wind power, aerospace, etc. is expected to boost the global market.

Various sectors are dependent on ring rolling production for producing multiple components. For instance, the aerospace sector relies on ring rolling products to produce landing gears, engine rings, and other structural components.

The exponential growth of aerospace sectors along with increasing demand for air travel and advanced aircraft technologies will continue to boost the ring rolling product sales. the demand for ring rolling products used in aerospace components is expected to grow further.

Leading ring rolling product manufacturers are focusing on developing high-quality ring rolling products with enhanced mechanical properties to meet end user requirements and enhance the product's reliability and safety.

The automotive sector's expansion is another significant driver of the ring rolling industry. The target sector relies on ring rolling products to manufacture engine components, transmission systems, and drive shafts.

With increasing automotive production, demand for ring rolling products used in the automotive sector is expected to rise at a steady pace.

Manufacturers are concentrating on developing lightweight and high-strength ring rolling products to enhance the automobile's fuel efficiency and performance. This will help them to increase their sales during the forecast period.

What Challenges are Limiting Expansion of the Global Ring Rolling Products Industry?

Despite a positive growth trajectory, certain factors might limit growth of the target market. Rising cost of ring rolling products is one such restraining factor.

Ring rolling machinery requires regular maintenance and repair to ensure optimal performance, which can be costly for manufacturers. The high maintenance and repair costs can increase production costs and ultimately lead to higher product prices.

The maintenance and repair of ring rolling machines involve the replacement of various components such as bearings, rollers, and other mechanical parts, which can wear out over time due to the high mechanical stresses involved in the ring rolling process.

The replacement of these components can be expensive and time-consuming, causing disruptions in the production process.

Further, the complexity of ring rolling machinery requires skilled technicians to conduct maintenance and repairs. Finding qualified personnel to maintain and repair the machines can be challenging, especially in regions with a shortage of skilled labor. This can further increase the maintenance and repair costs

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What are the Key Trends Shaping the Ring Rolling Products Market?

The increased focus on sustainability is a key trend in the ring rolling industry as companies are seeking to reduce their environmental impacts and meet the demands of customers who are increasingly environmentally conscious.

By using ring rolling technology and products, manufacturers can produce high-quality components with minimal waste, reduced energy consumption, and optimized use of resources, thereby contributing to a more sustainable future

The integration of digitalization to optimize various aspects of the ring rolling manufacturing process is another factor that is positively impacting the market.

In the context of the ring rolling products market, digitalization involves the use of advanced technologies such as artificial intelligence (AI), machine learning (ML), big data analytics, and the Internet of Things (IoT) to enhance productivity, quality, and efficiency.

Adoption of these novel technologies could transform the target market and help companies to improve their revenues and reduce costs.

Country-wise Insights

How is the United States Ring Rolling Products Market Performing?

Growing Applications in Aerospace Sector to Elevate Ring Rolling Product Demand in the United States

According to Future Market Insights (FMI), the United States will continue to remain a key market for ring rolling products. It is expected to create an incremental opportunity of US$ 396.7 million between 2023 & 2033.

Over the next ten years, ring rolling sales in the United States are likely to thrive at a robust CAGR. By 2033, the United States ring rolling products industry is forecast to cross a valuation of US$ 1,069.4 million.

Growing demand for ring rolling products across thriving aerospace and oil & gas sectors is expected to boost the United States market.

The United States houses one of the leading aerospace sectors in the world. As per the Aerospace Industries Association (AIA), aerospace & defense sector’s sales contributed around 18.8% of all non-food manufacturing revenue in the United States in 2020.

Rapid expansion of the aerospace sector is anticipated to uplift ring rolling product demand. This is because ring rolling products such as seamless rolled rings are increasingly used in critical components like helicopter gearboxes, aircraft engines, and jet turbines in the aerospace sector.

Strong presence of leading ring rolling component manufacturers and ring rolling machine companies is boosting the United States market.

What is Spurring Sales of Ring Rolling Products in China?

Booming Automotive Sector Fueling Ring Rolling Product Sales in China

China is emerging as a lucrative market for ring rolling products and ring rolling machine manufacturers. This is due to rising flourishing automotive and wind power generation sectors.

As per the latest report, China ring rolling products market is projected to thrive at 4.0% CAGR from 2023 to 2033. It is expected to hold a dominant share of the East Asia market throughout the projection period.

Over the years, China has become a leading automotive manufacturing country in the world. According to the OICA’s report, total vehicle production reached over 27 million in 2022 in China.

The increasing production of vehicles in turn is expected to bolster ring rolling product sales. This is because these products are being used in various automotive components.

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Category-wise Insights

Which Product Type will Generate Significant Revenues in the Global Market?

Seamless Rings to Generate Lucrative Revenues in the Global Market

Based on product, demand is expected to remain high for seamless rings. Seamless ring segment is likely to account for a prominent market share of 38.1% in 2023. This is due to growing applications of seamless rings in sectors such as mining, oil, and power generation.

According to Future Market Insights (FMI), seamless ring segment is anticiapted to create an incremental opportunity of US$ 1,048.4 million between 2023 & 2033. By 2033, the target segment is expected to reach a value of US$ 2,629.3 million.

Seamless forged rings are made through ring rolling process which uses rolling mill machines. These rings are produced using a range of configurations. They (seamless rolled rings) are widely used in clutches, bearings, drives, robotics, valves, flanges, gears, machines, and several other components.

What End Use Sector will Present Lucrative Growth Opportunities for Ring Rolling Product Manufacturers?

Automotive Sector to Create Significant Opportunities for Ring Rolling Product Companies

As per Future Market Insights (FMI), automotive is expected to create a plethora of opportunities for ring rolling product manufacturers. The target segment is set to generate an incremental opportunity of US$ 606.3 million between 2023 & 2033, reaching a total valuation of US$ 1,478.0 million by the end of 2033.

Growth of the target segment is attributed to rising usage of ring rolling products in the automotive sector.

Ring rolled products are being widely used in bearings, turbine disks, and gear blanks. They have become crucial components of automobiles. Hence, increasing production and sales of vehicles will continue to bolster ring rolling product sales.

Aerospace sector on the other hand is likely to create an incremental opportunity of US$ 567.5 million between 2023 & 2033, totaling a valuation of US$ 1,328.0 million by the end of 2033.

Competitive Landscape

The global ring rolling products industry is moderately fragmented with top players holding around 45% to 50% of total market share. ThyssenKrupp AG, Bharat Forge Limited, Schaeffler, SMS group GmbH and others are leading ring rolling product manufacturers globally profiled in the report.

The market participants are strategically focusing on introducing high durability and lightweight materials along with focus on public and private investments in automotive, aerospace, and wind turbines sectors to attain higher market shares. They are launching new products and production facilities to meet end user demand and improve their sales.

Recent Developments:

  • In October 2021, to meet rising demand for rings & slewing bearings, ThyssenKrupp expanded its production facility in China.
  • In September 2020, SMS Group received an order to deliver the world’s latest ring rolling machine for manufacturing components for aircraft engines from Wuxi Paike New Materials Technology Co., Ltd.

Scope of the Report

Attribute Details
Estimated Market Value (2023) US$ 4,146.7 million
Projected Market Value (2033) US$ 6,716.2 million
Anticipated Growth Rate (2023 to 2033) 4.9% CAGR
Historical Data 2018 to 2022
Forecast Period 2023 to 2033
Quantitative Units Revenue in US$ Million, Volume in Units and CAGR from 2023 to 2033
Report Coverage Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
Segments Covered Product, Material Used, Production Technology, End Use, Size, and Region
Regions Covered North America; Latin America; East Asia; South Asia Pacific; Western Europe; Eastern Europe; Central Asia; Russia & Belarus; Balkan & Baltic Countries; Middle East & Africa
Key Countries Covered United States, Canada , Brazil, Mexico, Argentina, Germany, Italy, France, United Kingdom, Spain, BENELUX, Nordics, Czech Republic, Poland, Romania, Hungary, China, Japan, South Korea, India, ASEAN, ANZ, KSA, United Arab Emirates, Türkiye, Saudi Arabia, Algeria, Egypt, Morocco
Key Companies Profiled ThyssenKrupp AG; Siemens AG; Mitsubishi Heavy Industries, Ltd.; Nippon Steel & Sumitomo Metal Corporation; Bharat Forge Limited; Zollern GmbH & Co. KG; SMS group GmbH; China First Heavy Industries; Kuhn Special Steel North America, Inc.; Precision Rings Inc.; Fountaintown Forge, Inc.; SKF; Ringmasters LLC; All Metals & Forge Group, LLC; Wuxi Paike New Materials Technology Co., Ltd.; Schaeffler; Jiangyin Hengrun Heavy Industries Co., Ltd.; Others

Global Ring Rolling Products Market by Category

By Product:

  • Slew Bearings
  • Turbine Disc
  • Gear Blanks
  • Aerospace Components
  • Wind Turbine Components
  • Seamless Ring
  • Pressure Vessels

By Material Used:

  • Steel
  • Aluminum
  • Titanium
  • Nickel Based Alloy
  • Others

By Production Technology:

  • Horizontal
  • Vertical
  • Radial Axial

By End Use:

  • Automotive
  • Aerospace
  • Railway Industry
  • Marine
  • Oil & Gas
  • Wind Power
  • Construction
  • Others

By Size:

  • Upto 500mm
  • 500 to 1000mm
  • 1000 to 2000mm
  • 2000 to 3000mm
  • 3000 to 4000mm
  • 4000 to 5000mm

By Region:

  • North America
  • Latin America
  • East Asia
  • South Asia and Pacific
  • Western Europe
  • Eastern Europe
  • Central Asia
  • Russia and Belarus
  • Balkan and Baltics Countries
  • Middle East and Africa

Frequently Asked Questions

How Big is the Ring Rolling Products Market?

The ring rolling products industry is valued at US$ 4,146.7 million until 2023.

Who are the Leading Ring Rolling Products Market Players?

ThyssenKrupp AG, Siemens AG, and Mitsubishi Heavy Industries, Ltd. are the leading market players.

Which is the Key Segment by Product in the Ring Rolling Products Market?

The seamless rings segment is expected to lead the ring rolling products market.

What is the Ring Rolling Products Market’s Historical Performance?

The Industry registered a 4.4% CAGR between 2018 and 2022.

What is the United States’ Ring Rolling Products Market Value through 2033?

The United States is expected to reach a valuation of US$ 6,716.2 million until 2033.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand Side Trends

    1.3. Supply Side Trends

    1.4. Technology Roadmap

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Key Market Trends

    3.1. Key Trends Impacting the Market

    3.2. Component Innovation / Development Trends

4. Key Success Factors

    4.1. Component Adoption / Usage Analysis

    4.2. Component USP’s / Features

    4.3. Strategic Promotional Strategies

5. Global Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033

    5.1. Historical Market Volume (Units) Analysis, 2018 to 2022

    5.2. Current and Future Market Volume (Units) Projections, 2023 to 2033

    5.3. Y-o-Y Growth Trend Analysis

6. Global Market - Pricing Analysis

    6.1. Regional Pricing Analysis By Product

    6.2. Global Average Pricing Analysis Benchmark

7. Global Market Demand (in Value or Size in US$ Million) Analysis 2018 to 2022 and Forecast, 2023 to 2033

    7.1. Historical Market Value (US$ Million) Analysis, 2018 to 2022

    7.2. Current and Future Market Value (US$ Million) Projections, 2023 to 2033

        7.2.1. Y-o-Y Growth Trend Analysis

        7.2.2. Absolute $ Opportunity Analysis

8. Market Background

    8.1. Macro-Economic Factors

        8.1.1. Global GDP growth Outlook

        8.1.2. Global Economic Growth outlook

        8.1.3. Global Real GDP Growth Overview

        8.1.4. Global Manufacturing Value Added

        8.1.5. Global Wind Energy Outlook

        8.1.6. Global Automotive Production Outlook

        8.1.7. Other Macro Economic Factors

    8.2. Forecast Factors - Relevance & Impact

        8.2.1. Top Companies Historical Growth

        8.2.2. GDP Growth forecast

        8.2.3. Manufacturing Industry forecast

        8.2.4. Global Urbanization Growth Outlook

        8.2.5. Growth Rate of Application Sectors

        8.2.6. COVID-19 Impact Assessment

    8.3. Value Chain

        8.3.1. Raw Material Suppliers

        8.3.2. Component Manufacturers

        8.3.3. Channel Partners

        8.3.4. Distributors

        8.3.5. End-Users

    8.4. COVID-19 Crisis – Impact Assessment

        8.4.1. Current Statistics

        8.4.2. Short-Mid-Long Term Outlook

        8.4.3. Likely Rebound

    8.5. Market Dynamics

        8.5.1. Drivers

        8.5.2. Restraints

        8.5.3. Opportunity Analysis

    8.6. Patent Analysis

9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ Million) and Volume Analysis By Product, 2018 to 2022

    9.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Product, 2023 to 2033

        9.3.1. Slew Bearings

        9.3.2. Turbine Disk

        9.3.3. Gear Blanks

        9.3.4. Aerospace Component

        9.3.5. Wind Turbine components

        9.3.6. Seamless Ring

        9.3.7. Pressure Vessels

    9.4. Market Attractiveness Analysis By Product

10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Size

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ Million) and Volume Analysis By Size, 2018 to 2022

    10.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Size, 2023 to 2033

        10.3.1. Up to 500 mm

        10.3.2. 500 to 1000 mm

        10.3.3. 1000 to 2000 mm

        10.3.4. 2000 to 3000 mm

        10.3.5. 3000 to 4000 mm

        10.3.6. 4000 to 5000 mm

    10.4. Market Attractiveness Analysis By Size

11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material Used

    11.1. Introduction / Key Findings

    11.2. Historical Market Size (US$ Million) and Volume Analysis By Material Used, 2018 to 2022

    11.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Material Used, 2023 to 2033

        11.3.1. Steel

        11.3.2. Aluminum

        11.3.3. Titanium

        11.3.4. Nickel based Alloy

        11.3.5. Others

    11.4. Market Attractiveness Analysis By Material Used

12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Production Technology

    12.1. Introduction / Key Findings

    12.2. Historical Market Size (US$ Million) and Volume Analysis By Production Technology, 2018 to 2022

    12.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Production Technology, 2023 to 2033

        12.3.1. Horizontal ring rolling,

        12.3.2. Vertical ring rolling,

        12.3.3. Radial-axial ring rolling.

    12.4. Market Attractiveness Analysis By Production Technology

13. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use

    13.1. Introduction / Key Findings

    13.2. Historical Market Size (US$ Million) and Volume Analysis By End Use, 2018 to 2022

    13.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By End Use, 2023 to 2033

        13.3.1. Automotive industry

        13.3.2. Aerospace industry

        13.3.3. Railway Industry

        13.3.4. Marine

        13.3.5. Oil and Gas

        13.3.6. Wind Power

        13.3.7. Construction

        13.3.8. Others

    13.4. Market Attractiveness Analysis By End Use

14. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region

    14.1. Introduction

    14.2. Historical Market Size (US$ Million) and Volume Analysis By Region, 2018 to 2022

    14.3. Current Market Size (US$ Million) and Volume Analysis and Forecast By Region, 2023 to 2033

        14.3.1. North America

        14.3.2. Latin America

        14.3.3. Western Europe

        14.3.4. Eastern Europe

        14.3.5. Central Asia

        14.3.6. Russia & Belarus

        14.3.7. Balkan & Baltic Countries

        14.3.8. Middle East and Africa

        14.3.9. East Asia

        14.3.10. South Asia and Pacific

    14.4. Market Attractiveness Analysis By Region

15. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    15.1. Introduction

    15.2. Pricing Analysis

    15.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022

    15.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        15.4.1. By Country

            15.4.1.1. United States

            15.4.1.2. Canada

        15.4.2. By Product

        15.4.3. By Material Used

        15.4.4. By Production Technology

        15.4.5. By End Use

        15.4.6. By Size

    15.5. Market Attractiveness Analysis

        15.5.1. By Country

        15.5.2. By Product

        15.5.3. By Material Used

        15.5.4. By Production Technology

        15.5.5. By End Use

        15.5.6. By Size

    15.6. Market Trends

    15.7. Key Market Participants - Intensity Mapping

    15.8. Drivers and Restraints - Impact Analysis

16. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    16.1. Introduction

    16.2. Pricing Analysis

    16.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022

    16.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        16.4.1. By Country

            16.4.1.1. Brazil

            16.4.1.2. Mexico

            16.4.1.3. Argentina

            16.4.1.4. Rest of Latin America

        16.4.2. By Product

        16.4.3. By Material Used

        16.4.4. By Production Technology

        16.4.5. By End Use

        16.4.6. By Size

    16.5. Market Attractiveness Analysis

        16.5.1. By Country

        16.5.2. By Product

        16.5.3. By Material Used

        16.5.4. By Production Technology

        16.5.5. By End Use

        16.5.6. By Size

    16.6. Market Trends

    16.7. Key Market Participants - Intensity Mapping

    16.8. Drivers and Restraints - Impact Analysis

17. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    17.1. Introduction

    17.2. Pricing Analysis

    17.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022

    17.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        17.4.1. By Country

            17.4.1.1. Germany

            17.4.1.2. Italy

            17.4.1.3. France

            17.4.1.4. United Kingdom

            17.4.1.5. Spain

            17.4.1.6. BENELUX

            17.4.1.7. NORDICS

            17.4.1.8. Rest of Western Europe

        17.4.2. By Product

        17.4.3. By Material Used

        17.4.4. By Production Technology

        17.4.5. By End Use

        17.4.6. By Size

    17.5. Market Attractiveness Analysis

        17.5.1. By Country

        17.5.2. By Product

        17.5.3. By Material Used

        17.5.4. By Production Technology

        17.5.5. By End Use

        17.5.6. By Size

    17.6. Market Trends

    17.7. Key Market Participants - Intensity Mapping

    17.8. Drivers and Restraints - Impact Analysis

18. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    18.1. Introduction

    18.2. Pricing Analysis

    18.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022

    18.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        18.4.1. By Country

            18.4.1.1. Poland

            18.4.1.2. Hungary

            18.4.1.3. Romania

            18.4.1.4. Czech Republic

            18.4.1.5. Rest of Eastern Europe

        18.4.2. By Product

        18.4.3. By Material Used

        18.4.4. By Production Technology

        18.4.5. By End Use

        18.4.6. By Size

    18.5. Market Attractiveness Analysis

        18.5.1. By Country

        18.5.2. By Product

        18.5.3. By Material Used

        18.5.4. By Production Technology

        18.5.5. By End Use

        18.5.6. By Size

    18.6. Market Trends

    18.7. Key Market Participants - Intensity Mapping

    18.8. Drivers and Restraints - Impact Analysis

19. Central Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    19.1. Introduction

    19.2. Pricing Analysis

    19.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022

    19.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        19.4.1. By Product

        19.4.2. By Material Used

        19.4.3. By Production Technology

        19.4.4. By End Use

        19.4.5. By Size

    19.5. Market Attractiveness Analysis

        19.5.1. By Product

        19.5.2. By Material Used

        19.5.3. By Production Technology

        19.5.4. By End Use

        19.5.5. By Size

    19.6. Market Trends

    19.7. Key Market Participants - Intensity Mapping

    19.8. Drivers and Restraints - Impact Analysis

20. Russia & Belarus Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    20.1. Introduction

    20.2. Pricing Analysis

    20.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022

    20.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        20.4.1. By Product

        20.4.2. By Material Used

        20.4.3. By Production Technology

        20.4.4. By Size

    20.5. Market Attractiveness Analysis

        20.5.1. By Product

        20.5.2. By Material Used

        20.5.3. By Production Technology

        20.5.4. By End Use

        20.5.5. By Size

    20.6. Market Trends

    20.7. Key Market Participants - Intensity Mapping

    20.8. Drivers and Restraints - Impact Analysis

21. Balkan & Baltic Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    21.1. Introduction

    21.2. Pricing Analysis

    21.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022

    21.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        21.4.1. By Product

        21.4.2. By Material Used

        21.4.3. By Production Technology

        21.4.4. By End Use

        21.4.5. By Size

    21.5. Market Attractiveness Analysis

        21.5.1. By Product

        21.5.2. By Material Used

        21.5.3. By Production Technology

        21.5.4. By End Use

        21.5.5. By Size

    21.6. Market Trends

    21.7. Key Market Participants - Intensity Mapping

    21.8. Drivers and Restraints - Impact Analysis

22. South Asia & Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    22.1. Introduction

    22.2. Pricing Analysis

    22.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022

    22.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        22.4.1. By Country

            22.4.1.1. India

            22.4.1.2. ASEAN

            22.4.1.3. Oceania

            22.4.1.4. Rest of South Asia & Pacific

        22.4.2. By Product

        22.4.3. By Material Used

        22.4.4. By Production Technology

        22.4.5. By End Use

        22.4.6. By Size

    22.5. Market Attractiveness Analysis

        22.5.1. By Country

        22.5.2. By Product

        22.5.3. By Material Used

        22.5.4. By Production Technology

        22.5.5. By End Use

        22.5.6. By Size

    22.6. Market Trends

    22.7. Key Market Participants - Intensity Mapping

    22.8. Drivers and Restraints - Impact Analysis

23. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    23.1. Introduction

    23.2. Pricing Analysis

    23.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022

    23.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        23.4.1. By Country

            23.4.1.1. China

            23.4.1.2. Japan

            23.4.1.3. South Korea

        23.4.2. By Product

        23.4.3. By Material Used

        23.4.4. By Production Technology

        23.4.5. By End Use

        23.4.6. By Size

    23.5. Market Attractiveness Analysis

        23.5.1. By Country

        23.5.2. By Product

        23.5.3. By Material Used

        23.5.4. By Production Technology

        23.5.5. By End Use

        23.5.6. By Size

    23.6. Market Trends

    23.7. Key Market Participants - Intensity Mapping

    23.8. Drivers and Restraints - Impact Analysis

24. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    24.1. Introduction

    24.2. Pricing Analysis

    24.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022

    24.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        24.4.1. By Country

            24.4.1.1. KSA

            24.4.1.2. United Arab Emirates

            24.4.1.3. Türkiye

            24.4.1.4. Northern Africa

            24.4.1.5. South Africa

            24.4.1.6. Rest of Middle East and Africa

        24.4.2. By Product

        24.4.3. By Material Used

        24.4.4. By Production Technology

        24.4.5. By End Use

        24.4.6. By Size

    24.5. Market Attractiveness Analysis

        24.5.1. By Country

        24.5.2. By Product

        24.5.3. By Material Used

        24.5.4. By Production Technology

        24.5.5. By End Use

        24.5.6. By Size

    24.6. Market Trends

    24.7. Key Market Participants - Intensity Mapping

    24.8. Drivers and Restraints - Impact Analysis

25. Country Wise Market Analysis

    25.1. Introduction

        25.1.1. Market Value Proportion Analysis, By Key Countries

        25.1.2. Global Vs. Country Growth Comparison

    25.2. United States Market Analysis

        25.2.1. By Product

        25.2.2. By Material Used

        25.2.3. By Production Technology

        25.2.4. By End Use

        25.2.5. By Size

    25.3. Canada Market Analysis

        25.3.1. By Product

        25.3.2. By Material Used

        25.3.3. By Production Technology

        25.3.4. By End Use

        25.3.5. By Size

    25.4. Mexico Market Analysis

        25.4.1. By Product

        25.4.2. By Material Used

        25.4.3. By Production Technology

        25.4.4. By End Use

        25.4.5. By Size

    25.5. Brazil Market Analysis

        25.5.1. By Product

        25.5.2. By Material Used

        25.5.3. By Production Technology

        25.5.4. By End Use

        25.5.5. By Size

    25.6. Argentina Market Analysis

        25.6.1. By Product

        25.6.2. By Material Used

        25.6.3. By Production Technology

        25.6.4. By End Use

        25.6.5. By Size

    25.7. Germany Market Analysis

        25.7.1. By Product

        25.7.2. By Material Used

        25.7.3. By Production Technology

        25.7.4. By End Use

        25.7.5. By Size

    25.8. Italy Market Analysis

        25.8.1. By Product

        25.8.2. By Material Used

        25.8.3. By Production Technology

        25.8.4. By End Use

        25.8.5. By Size

    25.9. France Market Analysis

        25.9.1. By Product

        25.9.2. By Material Used

        25.9.3. By Production Technology

        25.9.4. By End Use

        25.9.5. By Size

    25.10. United Kingdom Market Analysis

        25.10.1. By Product

        25.10.2. By Material Used

        25.10.3. By Production Technology

        25.10.4. By End Use

        25.10.5. By Size

    25.11. Spain Market Analysis

        25.11.1. By Product

        25.11.2. By Material Used

        25.11.3. By Production Technology

        25.11.4. By End Use

        25.11.5. By Size

    25.12. NORDICS Market Analysis

        25.12.1. By Product

        25.12.2. By Material Used

        25.12.3. By Production Technology

        25.12.4. By End Use

        25.12.5. By Size

    25.13. Poland Market Analysis

        25.13.1. By Product

        25.13.2. By Material Used

        25.13.3. By Production Technology

        25.13.4. By End Use

        25.13.5. By Size

    25.14. Hungary Market Analysis

        25.14.1. By Product

        25.14.2. By Material Used

        25.14.3. By Production Technology

        25.14.4. By End Use

        25.14.5. By Size

    25.15. Romania Market Analysis

        25.15.1. By Product

        25.15.2. By Material Used

        25.15.3. By Production Technology

        25.15.4. By End Use

        25.15.5. By Size

    25.16. Czech Republic Market Analysis

        25.16.1. By Product

        25.16.2. By Material Used

        25.16.3. By Production Technology

        25.16.4. By End Use

        25.16.5. By Size

    25.17. China Market Analysis

        25.17.1. By Product

        25.17.2. By Material Used

        25.17.3. By Production Technology

        25.17.4. By End Use

        25.17.5. By Size

    25.18. Japan Market Analysis

        25.18.1. By Product

        25.18.2. By Material Used

        25.18.3. By Production Technology

        25.18.4. By End Use

        25.18.5. By Size

    25.19. South Korea Market Analysis

        25.19.1. By Product

        25.19.2. By Material Used

        25.19.3. By Production Technology

        25.19.4. By End Use

        25.19.5. By Size

    25.20. India Market Analysis

        25.20.1. By Product

        25.20.2. By Material Used

        25.20.3. By Production Technology

        25.20.4. By End Use

        25.20.5. By Size

    25.21. ASEAN Market Analysis

        25.21.1. By Product

        25.21.2. By Material Used

        25.21.3. By Production Technology

        25.21.4. By End Use

        25.21.5. By Size

    25.22. Australia and New Zealand Market Analysis

        25.22.1. By Product

        25.22.2. By Material Used

        25.22.3. By Production Technology

        25.22.4. By End Use

        25.22.5. By Size

    25.23. KSA Market Analysis

        25.23.1. By Product

        25.23.2. By Material Used

        25.23.3. By Production Technology

        25.23.4. By End Use

        25.23.5. By Size

    25.24. United Arab Emirates Market Analysis

        25.24.1. By Product

        25.24.2. By Material Used

        25.24.3. By Production Technology

        25.24.4. By End Use

        25.24.5. By Size

    25.25. Northern Africa Market Analysis

        25.25.1. By Product

        25.25.2. By Material Used

        25.25.3. By Production Technology

        25.25.4. By End Use

        25.25.5. By Size

    25.26. Türkiye Market Analysis

        25.26.1. By Product

        25.26.2. By Material Used

        25.26.3. By Production Technology

        25.26.4. By End Use

        25.26.5. By Size

    25.27. South Africa Market Analysis

        25.27.1. By Product

        25.27.2. By Material Used

        25.27.3. By Production Technology

        25.27.4. By End Use

        25.27.5. By Size

26. Market Structure Analysis

    26.1. Market Analysis by Tier of Companies (Ring Rolling Products)

    26.2. Market Concentration

    26.3. Market Share Analysis of Top Players

    26.4. Market Presence Analysis

27. Competition Analysis

    27.1. Competition Dashboard

    27.2. Competition Benchmarking

    27.3. Competition Deep Dive

        27.3.1. ThyssenKrupp AG

            27.3.1.1. Overview

            27.3.1.2. Component Portfolio

            27.3.1.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)

            27.3.1.4. Sales Footprint

            27.3.1.5. Strategy Overview

        27.3.2. Siemens AG

            27.3.2.1. Overview

            27.3.2.2. Component Portfolio

            27.3.2.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)

            27.3.2.4. Sales Footprint

            27.3.2.5. Strategy Overview

        27.3.3. Mitsubishi Heavy Industries, Ltd.

            27.3.3.1. Overview

            27.3.3.2. Component Portfolio

            27.3.3.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)

            27.3.3.4. Sales Footprint

            27.3.3.5. Strategy Overview

        27.3.4. Nippon Steel & Sumitomo Metal Corporation

            27.3.4.1. Overview

            27.3.4.2. Component Portfolio

            27.3.4.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)

            27.3.4.4. Sales Footprint

            27.3.4.5. Strategy Overview

        27.3.5. Bharat Forge Limited

            27.3.5.1. Overview

            27.3.5.2. Component Portfolio

            27.3.5.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)

            27.3.5.4. Sales Footprint

            27.3.5.5. Strategy Overview

        27.3.6. Zollern GmbH & Co. KG

            27.3.6.1. Overview

            27.3.6.2. Component Portfolio

            27.3.6.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)

            27.3.6.4. Sales Footprint

            27.3.6.5. Strategy Overview

        27.3.7. SMS group GmbH

            27.3.7.1. Overview

            27.3.7.2. Component Portfolio

            27.3.7.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)

            27.3.7.4. Sales Footprint

            27.3.7.5. Strategy Overview

        27.3.8. China First Heavy Industries

            27.3.8.1. Overview

            27.3.8.2. Component Portfolio

            27.3.8.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)

            27.3.8.4. Sales Footprint

            27.3.8.5. Strategy Overview

        27.3.9. Kuhn Special Steel North America, Inc.

            27.3.9.1. Overview

            27.3.9.2. Component Portfolio

            27.3.9.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)

            27.3.9.4. Sales Footprint

            27.3.9.5. Strategy Overview

        27.3.10. Precision Rings Inc.

            27.3.10.1. Overview

            27.3.10.2. Component Portfolio

            27.3.10.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)

            27.3.10.4. Sales Footprint

            27.3.10.5. Strategy Overview

        27.3.11. Fountaintown Forge, Inc.

            27.3.11.1. Overview

            27.3.11.2. Component Portfolio

            27.3.11.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)

            27.3.11.4. Sales Footprint

            27.3.11.5. Strategy Overview

        27.3.12. Seamless Rolled Rings & Open Die Forgings

            27.3.12.1. Overview

            27.3.12.2. Component Portfolio

            27.3.12.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)

            27.3.12.4. Sales Footprint

            27.3.12.5. Strategy Overview

        27.3.13. Ringmasters LLC

            27.3.13.1. Overview

            27.3.13.2. Component Portfolio

            27.3.13.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)

            27.3.13.4. Sales Footprint

            27.3.13.5. Strategy Overview

        27.3.14. All Metals & Forge Group, LLC

            27.3.14.1. Overview

            27.3.14.2. Component Portfolio

            27.3.14.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)

            27.3.14.4. Sales Footprint

            27.3.14.5. Strategy Overview

        27.3.15. Wuxi Paike New Materials Technology Co., Ltd.

            27.3.15.1. Overview

            27.3.15.2. Component Portfolio

            27.3.15.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)

            27.3.15.4. Sales Footprint

            27.3.15.5. Strategy Overview

        27.3.16. Jiangsu Zhuhong Forging Co., Ltd.

            27.3.16.1. Overview

            27.3.16.2. Component Portfolio

            27.3.16.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)

            27.3.16.4. Sales Footprint

            27.3.16.5. Strategy Overview

        27.3.17. Jiangyin Hengrun Heavy Industries Co., Ltd.

            27.3.17.1. Overview

            27.3.17.2. Component Portfolio

            27.3.17.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)

            27.3.17.4. Sales Footprint

            27.3.17.5. Strategy Overview

        27.3.18. Suzhou Seamay Metal Materials Co., Ltd.

            27.3.18.1. Overview

            27.3.18.2. Component Portfolio

            27.3.18.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)

            27.3.18.4. Sales Footprint

            27.3.18.5. Strategy Overview

        27.3.19. Zhangjiagang Zhongzhong Import&Export Co., Ltd.

            27.3.19.1. Overview

            27.3.19.2. Component Portfolio

            27.3.19.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)

            27.3.19.4. Sales Footprint

            27.3.19.5. Strategy Overview

Note: List of companies is subject to further refinement and augmentation during the course of research.

28. Assumptions and Acronyms Used

29. Research Methodology

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