April 22, 2024

The Global Acid Pickling Roll Market is gaining momentum in trends by improving metallurgy standards

The acid pickling roll market comprises equipment used for surface treatment of metal substrates using acid solution cleaning processes. Acid pickling rolls use a variety of organic and mineral acid solutions to remove unwanted oxides, scales and impurities from metal surfaces while retaining protective coatings like plating or cladding. The global need for durable long-lasting metal components in automotive, aerospace, oil and gas industries has prompted manufacturers to adopt advanced descaling technologies like 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 Metal Corporation. Key players are focusing on developing automatic high-capacity pickling lines and introducing IoT-enabled acid pickling rolls for real-time process monitoring.

The growing demand from end-use industries like automotive, machinery manufacturing is propelling the acid pickling roll market. Strict quality norms and improving metallurgy standards are necessitating effective pre-treatment solutions like acid pickling to enhance product lifespan. Automotive manufacturers utilize pickling processes to improve corrosion resistance of metal components.

Global expansion of key players into developing markets and focus on deploying integrated pickling lines are expected to drive the acid pickling roll market. Market leaders are establishing production facilities and technical centers in Asia Pacific and Latin American countries to cater growing manufacturing sectors. Collaboration with rolling mills and galvanizing plants in Europe and North America is another strategy adopted by major acid pickling roll providers.

Market Key Trends

One of the key trends in the acid pickling roll market is the increasing preference for automated lines. Industry 4.0 transformations enable full digitization and integration of acid pickling processes. Smart automated lines ensure consistent quality, minimize human errors and improve throughput. Roll makers are investing in AI and big data analytics capabilities to obtain real-time performance insights for preventing breakdowns and reducing maintenance downtime of pickling systems. Adoption of robotics is another emerging trend, which involves deployment of collaborative robots to handle acids and conduct roll changes safely. Sustainable innovations like acid recovery units and waste segregation systems are gaining traction to reduce environmental footprint of metal surface treatment activities.

Porter’s Analysis

  • Threat of new entrants: Low capital requirements and existing players operating at large scale makes it difficult for new players to enter.
  • Bargaining power of buyers: Large buyers have significant bargaining power due to the availability of substitutes.
  • Bargaining power of suppliers: Suppliers have low bargaining power due to availability of substitutes and less differentiation in products.
  • Threat of new substitutes: Threat is moderate as pickling rolls have few close substitutes for post pickling processes in steel industry.
  • Competitive rivalry: Intense due to large number of players and undifferentiated products leading to price wars.

Geographical Regions

North America region accounts for around 35% of the global acid pickling roll market in terms of value led by developed markets of United States and Canada. Presence of large steel producers and expanding manufacturing industry drive the market.

Asia Pacific region is expected to witness fastest CAGR of over 4% during the forecast period. Developing economies of China and India exhibit high growth potential owing to increasing steel production and rising manufacturing industry.

1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it