Rolled Ring Market size is estimated to be USD 3.1 Billion in 2024 and is expected to reach USD 4.8 Billion by 2033 at a CAGR of 5.1% from 2026 to 2033.
The global rolled ring market was valued at USD 6.2 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. North America holds a significant share of the market, with a valuation of USD 2.3 billion in 2022, driven by increasing demand from aerospace and automotive industries. The region is expected to grow at a CAGR of 4.9% during the forecast period. Europe follows closely, contributing USD 1.8 billion in 2022, and is expected to grow steadily with a CAGR of 5.4%. The Asia Pacific region is emerging as a high growth area, with a market size of USD 1.1 billion in 2022, growing at a CAGR of 7.3% as manufacturing and industrial activities increase, especially in countries like China and India.
The demand for rolled rings in regions like Latin America and the Middle East & Africa is also gaining traction, owing to the rising industrialization and infrastructure development. Latin America’s market was valued at USD 0.3 billion in 2022, and the region is expected to grow at a CAGR of 6.1% during the forecast period. Similarly, the Middle East & Africa market reached USD 0.2 billion in 2022 and is anticipated to grow at a CAGR of 6.5%. The increasing investments in energy and construction sectors in these regions are expected to offer new opportunities for the rolled ring market to flourish in the coming years.
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Precision Castparts Corp
Arconic
Nippon Steel & SumitomoMetal
KOBELCO
Thyssenkrupp
Aichi Steel
Eramet Group
American Axle & Manufacturing Holdings
Ferralloy
McInnes Rolled Rings
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Rolled Ring Market
Aerospace
Automotive
Energy and Power Generation
Industrial Machinery
Oil and Gas
Medical Equipment
Alloy Steel
Stainless Steel
Nickel-Based Alloys
Carbon Steel
Copper Alloys
Others
Standard Size Rings
Custom Size Rings
Micro Rings
Large Diameter Rings
Thin-Walled Rings
Forging
Rolling
Heat Treatment
Machining
Surface Treatment
Defense
Construction
Telecommunications
Pharmaceuticals
Agriculture
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Rolled Ring Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Rolled Ring Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Rolled Ring Market, By Type
6. Global Rolled Ring Market, By Application
7. Global Rolled Ring Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Rolled Ring Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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