; Rolling Dies Market Size, Share, Forecast, 2034

Rolling Dies Market

Rolling Dies Market Size, Share, and Analysis, By Product Type (Flat Dies, Thread Cylindrical Dies, Rotary Dies, Rack Dies, Trimming Dies, and Others), By Material (Low-carbon Steel, Molybdenum Steel, SAE Alloy Steel, and Others), By Vertical (Automotive, White Goods, Medical, Consumer Electronics, General Engineering, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034

Published on: Dec-2023
Report Code: FG INEQ 01797
No. of Pages: 170-350
Report Format: PDF

Rolling Dies Market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 5.6% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 0.5 billion and is projected to reach USD 1 billion by the completion of 2034.

Product Overview

Rolling die represents a specialized tool that is used in a rolling mill to mold metals into particular designs or shapes. These dies have engraved designs and are used to mold metal sheets or billets during the rolling process. This involves passing a piece of metal between two rollers, at least one of which contains the rolling die. The die effectively creates the desired shape or design by imprinting its pattern onto the metal's surface as it passes through these rollers. This method is essential for mass production as it allows for consistent and precise manufacturing of metal components. Additionally, rolling dies are utilized in various industries, including automotive, aerospace, construction, and manufacturing. These tools are vital for ensuring uniform production of precisely shaped metal parts. Hence, rolling dies significantly used to enhancing manufacturing efficiency and maintaining consistency in the quality of produced metal items.

Source: Fatpos Global

Market Highlights

Rolling Dies Market is expected to demonstrate a Compound Annual Growth Rate (CAGR) of 5.6% throughout the forecast period spanning from 2024 to 2034

Rolling dies market is projected to achieve USD 1 billion during the forecast period, owing to their importance across the metalworking industry. These dies are essential tools for shaping metal sheets or billets to meet the growing requirement of industries like automotive, aerospace, construction, and manufacturing. The rising need for precision-engineered metal components contributes to the demand for rolling dies, ensuring uniformity and accuracy in mass manufacturing procedures. Furthermore, technological advancements such as CNC machining and innovative engraving techniques improve the adaptability and efficiency of rolling dies, drawing significant investments and increasing their market presence. The growing emphasis on sustainable manufacturing practices and the search of lightweight materials in automotive and aerospace sectors drives the adoption of rolling die technologies. Subsequently, the rolling die market displays flexibility by meeting the constant demand for precise and high-quality metal products across diverse industrial settings.

Source: Fatpos Global

Rolling Dies Market Segmentation

Flat Dies segment is expected to grow owing to their widespread use and increased efficiency

Based on Product Type, Rolling Dies Market is segmented into Flat Dies, Thread Cylindrical Dies, Rotary Dies, Rack Dies, Trimming Dies, and Others. Flat rolling dies are expected to dominate the market as they are the oldest method for cold-forming threads and provide a dependable process. This method involves inserting a piece of metal between two flat dies with a pusher blade, which allows threads to be created in a single stroke. Flat dies usually use one stationary and one moving die which increases efficiency and significantly contributes to their popularity in cold-forming external threads. Furthermore, flat rolling dies are adaptable to different materials and thread specifications, which makes them a preferred choice for manufacturers working with a wide range of products. Simultaneously, rotary dies are also experiencing substantial growth due to their precision in forming accurate thread shapes. These dies are available in two- or three-die configurations and use rotational mechanisms, which is considered ideal for industries with specific thread requirements. Their specialized application in automotive and aerospace industry contributes to promising growth prospects of the segment.

Automotive segment will expand due to the increased use of rolling dies in the production of complex automotive components

By Vertical, the Rolling Dies Market is divided into Automotive, White Goods, Medical, Consumer Electronics, General Engineering, and Others. The Automotive segment is expected to dominate the market, driven by strict regulatory standards to regulate CO2 emissions and provide fuel efficiency. Automobile manufacturers are making great efforts to reduce the weight of vehicles while preserving safety and performance standards in order to meet strict regulations. Therefore, roll forming technology provides a critical solution by allowing the production of lighter components than traditional ones. This technology enables the production of complex and structurally appropriate parts that contribute to reducing weight of the vehicle, provide efficiency and meeting regulatory standards. Therefore, rolling dies provide the accuracy needed to create advanced metal components which is required by the automotive industry, encouraging the adoption of rolling dies in this segment.

Source: Fatpos Global

Market Dynamics

Growth Drivers

Increasing Demand for Precision Engineered Metal Components Will Drive the Growth of the Market

Rolling dies market is witnessing rapid expansion due to increasing demand for precisely engineered metal components and personalized products. Several industries, such as automobile, aerospace, and consumer electronics, require complex shaped metal components that are designed with unique specifications. Therefore, rolling dies provides high accuracy in shaping metal components and play an essential role in delivering this precision. Furthermore, as industries aim to offer distinct and personalized products, the ability to manufacture uniquely designed metal parts become increasingly important. Hence, rolling dies address these customization and accuracy demands by presenting itself as an indispensable tool in meeting the evolving needs of various industries.

Developments in Technology and Material Will Create Growth Opportunities

Ongoing technological improvements and material innovations have a significant impact on the growth of the rolling dies market. The development of manufacturing techniques, such as advanced CNC machining and modern engraving methods, enhances the efficiency and adaptability of rolling dies. Moreover, the production of lighter and durable materials for a variety of industrial applications increases the demand for rolling dies. Therefore, as new materials and manufacturing processes become popular, the importance of rolling dies to work seamlessly with advanced materials becomes more evident. Hence, due to their adaptability and resourcefulness, rolling dies represent the core of modern manufacturing practices, encouraging their growth across industries.

Restraints

High Implementation Costs May Stymie the Growth of The Rolling Dies Market

Major restraint affecting the rolling dies market is the large initial investment required to incorporate rolling die technology. Integrating advanced machinery, such as CNC-controlled equipment for precision rolling, demands a considerable upfront capital. Furthermore, there are additional expenses such as specialized tooling, routine maintenance, and skilled labor, which is required to operate and maintain these systems. The expense of acquiring and implementing such technology is a significant barrier for financially constrained businesses. Moreover, the ongoing costs of maintenance, tool replacement, and skill development may put a company under extra financial burden. Therefore, the high financial investment required to adopt advanced rolling die technology may discourage some businesses from embracing these innovative solutions, potentially limiting market growth.

Recent Developments

  • Heroslam SAL announced a USD 3.1 million investment plan in January 2021 to increase production capacity and meet the growing demand for thread rolling solutions across multiple countries. The expansion of their manufacturing facilities was intended to meet rising product demand in a variety of industries, including automotive, aerospace, and energy.
  • YAMAWA Taps Co., Ltd. and YAMAWA Precision Co., Ltd. (Aizu Plant and Fukushima Plant) merged with YAMAWA Manufacturing Co., Ltd. in December 2020. This collaboration aimed to facilitate further production rationalization and provide a better, more balanced supply to the global market.
  • Graewe GmbH & Co. KG acquired Swiss tool manufacturer, Ott Jakob AG, in July 2023, expanding their carbide tooling portfolio.
  • Tanisaka Iron Works Co., Ltd. expanded their range of press machines with the introduction of a new series for high-speed aluminum stamping.
  • YG-1 Co., Ltd. acquired a stake in a Vietnamese cutting tool manufacturer to expand their presence in Southeast Asia.

Rolling Dies Market

Key Players:

  • Schuler Group
  • SMS group
  • OSG Corporation
  • Primetals Technologies
  • Tenova
  • Blaw Knox
  • Morgan City
  • AKS Rolling Mills
  • NLMK Group
  • VAI Metals Technology
  • United Engineering Forgings
  • HYUNDAI Heavy Industries
  • FAGOR Automation
  • Heitkamp GmbH
  • Danieli
  • Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Regional Analysis

Rolling Dies Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. Asia Pacific region dominates the rolling dies market, driven by substantial growth in the automotive, aerospace, and consumer electronics sectors. The thriving automotive industries in emerging countries like India, Japan, and South Korea act as an essential factor promoting the demand for rolling dies. This expansion is fueled by the rising production of automobiles due to increasing disposable income and rapid urbanization across the Asia Pacific region. Furthermore, rolling dies play an integral role in shaping critical components such as chassis, engine parts, and body panels in the automotive manufacturing process. This requirement for accurate engineering directly contributes to the growth of the regional rolling dies market in the Asia Pacific.

Source: Fatpos Global

Impact of Covid-19 on Rolling Dies Market

COVID-19 pandemic had a substantial impact on the rolling dies market, causing widespread disruptions across global industries. Initially, the market witnessed a manufacturing slowdown, supply chain disturbances, and temporary closures of production facilities due to lockdowns and restrictions, which affected the demand and manufacturing of rolling dies. However, as industries adjusted to the new operational norms, particularly with an increased focus on automation and precise manufacturing, the market observed a gradual recovery in the demand for rolling dies. This revival was driven by recovering sectors like automotive, aerospace, and electronics, that were seeking efficient production solutions in response to changing market conditions.

Rolling Dies Market is further segmented by region into:

  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Rolling Dies Market Scope and Segments:

ATTRIBUTE

  DETAILS

Study Period

2018-2034

Base Year

2023

Forecast Period

2024-2034

Historical Period

2019-2022

Growth Rate

CAGR of 5.6% from 2024-2034

Unit

Value (USD Billion)

Segmentation

Main Segments List

By Product Type

  • Flat Dies
  • Thread Cylindrical Dies
  • Rotary Dies
  • Rack Dies
  • Trimming Dies
  • Others

By Material

  • Low-carbon Steel
  • Molybdenum Steel
  • SAE Alloy Steel
  • Others

By Vertical

  • Automotive
  • White Goods
  • Medical
  • Consumer Electronics
  • General Engineering
  • Others

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Frequently Asked Questions (FAQ):

Rolling Dies Market size was values at USD 0.5 billion in 2023 and is projected to reach the value of USD 1 billion in 2034, exhibiting a CAGR of 5.6% during the forecast period.

The rolling dies market revolves around specialized tools used to shape metal into precise designs. They're vital in mass production across industries, ensuring consistent and accurate metal shaping.

The Flat Dies segment and the Automotive segment accounted for the largest Rolling Dies Market share.

Key players in the Rolling Dies Market include Schuler Group, SMS group, OSG Corporation, Primetals Technologies, Tenova, Blaw Knox, Morgan City, AKS Rolling Mills, NLMK Group, VAI Metals Technology, United Engineering Forgings, HYUNDAI Heavy Industries, FAGOR Automation, Heitkamp GmbH, Danieli, and Other Prominent Players.

Increasing demand for metal components, along with the developments in technology and material are the factors driving the rolling dies market.

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