Acid Pickling Roll Market Set to Witness High Growth Owing to Increasing Steel Production
The global acid pickling roll market is highly dependent on the steel manufacturing industry. Acid pickling rolls are used in the pickling process in steel mills to descale or clean hot rolled steel sheets or coils by removing rust and scale formed during steel production. Rising steel production, capacity additions at steel mills, and growing spending on manufacturing equipment in developing nations are anticipated to boost demand for acid pickling rolls. The Global Acid Pickling Roll Market is estimated to be valued at US$ 1,167 Mn in 2024 and is expected to exhibit a CAGR of 3.5% over the forecast period 2023 to 2030. Key Takeaways Key players operating in the acid pickling roll market are Sandvik AB, Jindal Stainless Ltd., ArcelorMittal, Outokumpu Oyj, AK Steel Holding Corporation, Tata Steel Limited, POSCO, ThyssenKrupp AG, Tenova S.p.A., Andritz AG, CMI Industry Metals Inc., Fives Group, Unison Rolling Technology, Voestalpine AG, Nippon Steel & Sumitomo Meta...