Acid pickling rolls are primarily used in processing lines of steel manufacturing industries. They help in removing mill scale from hot rolled steel coils before they are passed through annealing or galvanizing processes. This improves corrosion resistance and surface quality of steel. Acid pickling rolls are also used in processing lines of automotive, construction, oil & gas industries where quality steel is required.
The Acid Pickling Roll Market is estimated to be valued at US$ 1,167 Mn in 2023 and is expected to exhibit a CAGR of 3.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Dynamics: Growing steel production around the world is a key driver for the acid pickling roll market. Rising demand from end-use industries like construction and automotive will boost steel consumption. According to World Steel Association, crude steel production increased by 3.7% year-on-year to reach 1,929.5 Mt in 2021. Another driver is the increasing focus on surface treatment of steel to enhance its corrosion resistance and durability. Pickling helps in producing high quality steel required by various industrial applications. The need for high performance and durable steel products is encouraging steel manufacturers to opt for efficient pickling technology using acid pickling rolls. SWOT ANALYSIS Strength: The acid pickling roll market has been gaining increasing preference across various industries including steel, energy, and manufacturing owing to its characteristics such as high corrosion resistance, precision, and durability. Acid pickling rolls can withstand harsh chemicals and high temperatures allowing optimal performance. Manufacturers offer customized solutions as per industrial requirements. Weakness: Fluctuations in raw material prices impact the overall production cost of acid pickling rolls. Frequent maintenance and replacements increase the operating costs. Concerns regarding safety of workers while handling acid solutions pose operational challenges. Opportunity: Growing metals industry in Asia Pacific driven by increasing steel consumption in China and India present lucrative growth prospects. Rising energy demand fosters opportunities in oil & gas industry. Advancing technologies to develop innovative pickling rolls with longer lifespan and auto diagnostics open new avenues. Threats: Strict environmental regulations regarding disposal of acid waste limit expansion plans of manufacturers. .