The North America Cold Rolled Steel Coil Market would witness market growth of 2.7% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 18,494.62 tonnes, showcasing a growth of 22% (2020-2023).
Half-Hard cold rolled steel coils exhibit moderate hardness, typically achieved through partial annealing, making them less malleable than fully annealed (soft) steel but more workable than full-hard steel. Thus, the Canada market would utilize 1,410.97 tonnes of Half-Hard cold rolled steel coils by 2031.
The US market dominated the North America Cold Rolled Steel Coil Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $30,122.9 Thousands by 2031. The Canada market is exhibiting a CAGR of 5% during (2024 - 2031). Additionally, The Mexico market would experience a CAGR of 4.1% during (2024 - 2031).
This offers high tensile strength and excellent durability, making them ideal for structural applications. Buildings and infrastructure constructed using cold-rolled steel coils are strong, sturdy, and able to withstand various environmental conditions, including high winds, earthquakes, and heavy snow loads.
Moreover, buildings and infrastructure constructed using cold-rolled steel coils are less corrosion-resistant, resulting in lower maintenance costs and longer service life. These are lighter than other construction materials, such as concrete and masonry, making them ideal for lightweight construction projects.
Cold-rolled steel coils are used in manufacturing various aircraft components, including structural parts, fuselage frames, wing ribs, and landing gear, contributing to the expansion of the aerospace industry in Canada. The increased emphasis in the aerospace industry on employing lightweight materials to improve aircraft performance, lower emissions, and increase fuel efficiency is driving up demand for cold-rolled steel coil in Canada. The Canadian aerospace industry serves commercial and military markets, with a growing demand for defense and security applications.
Free Valuable Insights: The Cold Rolled Steel Coil Market is Predict to reach USD 192.8 Million by 2031, at a CAGR of 3.3%
Based on Hardness, the market is segmented into Half-hard, Full Hard, Quarter Hard, and Others. Based on End User, the market is segmented into Automotive, Construction, Aerospace, Oil & Gas, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Tata Steel Limited (TATA Group) (Tata Sons Pvt. Ltd.)
- ArcelorMittal S.A.
- JFE Steel Corporation (JFE Holdings, Inc.)
- Nippon Steel Corporation
- China Steel Corporation
- AK Steel International B.V. (Cleveland-Cliffs Inc.)
- Nucor Corporation
- Hyundai Steel Company (Hyundai Motor Company)
- SSAB AB
- Voestalpine AG
North America Cold Rolled Steel Coil Market Report Segmentation
By Hardness (Volume, Tonnes, USD Million, 2020-2031)
- Half-hard
- Full Hard
- Quarter Hard
- Others
By End User (Volume, Tonnes, USD Million, 2020-2031)
- Automotive
- Construction
- Aerospace
- Oil & Gas
- Others
By Country (Volume, Tonnes, USD Million, 2020-2031)
- US
- Canada
- Mexico
- Rest of North America
TABLE 1 North America Cold Rolled Steel Coil Market, 2020 - 2023, USD Thousands
TABLE 2 North America Cold Rolled Steel Coil Market, 2024 - 2031, USD Thousands
TABLE 3 North America Cold Rolled Steel Coil Market, 2020 - 2023, Tonnes
TABLE 4 North America Cold Rolled Steel Coil Market, 2024 - 2031, Tonnes
TABLE 5 North America Cold Rolled Steel Coil Market by Hardness, 2020 - 2023, USD Thousands
TABLE 6 North America Cold Rolled Steel Coil Market by Hardness, 2024 - 2031, USD Thousands
TABLE 7 North America Cold Rolled Steel Coil Market by Hardness, 2020 - 2023, Tonnes
TABLE 8 North America Cold Rolled Steel Coil Market by Hardness, 2024 - 2031, Tonnes
TABLE 9 North America Half-hard Market by Country, 2020 - 2023, USD Thousands
TABLE 10 North America Half-hard Market by Country, 2024 - 2031, USD Thousands
TABLE 11 North America Half-hard Market by Country, 2020 - 2023, Tonnes
TABLE 12 North America Half-hard Market by Country, 2024 - 2031, Tonnes
TABLE 13 North America Full Hard Market by Country, 2020 - 2023, USD Thousands
TABLE 14 North America Full Hard Market by Country, 2024 - 2031, USD Thousands
TABLE 15 North America Full Hard Market by Country, 2020 - 2023, Tonnes
TABLE 16 North America Full Hard Market by Country, 2024 - 2031, Tonnes
TABLE 17 North America Quarter Hard Market by Country, 2020 - 2023, USD Thousands
TABLE 18 North America Quarter Hard Market by Country, 2024 - 2031, USD Thousands
TABLE 19 North America Quarter Hard Market by Country, 2020 - 2023, Tonnes
TABLE 20 North America Quarter Hard Market by Country, 2024 - 2031, Tonnes
TABLE 21 North America Others Market by Country, 2020 - 2023, USD Thousands
TABLE 22 North America Others Market by Country, 2024 - 2031, USD Thousands
TABLE 23 North America Others Market by Country, 2020 - 2023, Tonnes
TABLE 24 North America Others Market by Country, 2024 - 2031, Tonnes
TABLE 25 North America Cold Rolled Steel Coil Market by End-User, 2020 - 2023, USD Thousands
TABLE 26 North America Cold Rolled Steel Coil Market by End-User, 2024 - 2031, USD Thousands
TABLE 27 North America Cold Rolled Steel Coil Market by End-User, 2020 - 2023, Tonnes
TABLE 28 North America Cold Rolled Steel Coil Market by End-User, 2024 - 2031, Tonnes
TABLE 29 North America Automotive Market by Country, 2020 - 2023, USD Thousands
TABLE 30 North America Automotive Market by Country, 2024 - 2031, USD Thousands
TABLE 31 North America Automotive Market by Country, 2020 - 2023, Tonnes
TABLE 32 North America Automotive Market by Country, 2024 - 2031, Tonnes
TABLE 33 North America Construction Market by Country, 2020 - 2023, USD Thousands
TABLE 34 North America Construction Market by Country, 2024 - 2031, USD Thousands
TABLE 35 North America Construction Market by Country, 2020 - 2023, Tonnes
TABLE 36 North America Construction Market by Country, 2024 - 2031, Tonnes
TABLE 37 North America Aerospace Market by Country, 2020 - 2023, USD Thousands
TABLE 38 North America Aerospace Market by Country, 2024 - 2031, USD Thousands
TABLE 39 North America Aerospace Market by Country, 2020 - 2023, Tonnes
TABLE 40 North America Aerospace Market by Country, 2024 - 2031, Tonnes
TABLE 41 North America Oil & Gas Market by Country, 2020 - 2023, USD Thousands
TABLE 42 North America Oil & Gas Market by Country, 2024 - 2031, USD Thousands
TABLE 43 North America Oil & Gas Market by Country, 2020 - 2023, Tonnes
TABLE 44 North America Oil & Gas Market by Country, 2024 - 2031, Tonnes
TABLE 45 North America Others Market by Country, 2020 - 2023, USD Thousands
TABLE 46 North America Others Market by Country, 2024 - 2031, USD Thousands
TABLE 47 North America Others Market by Country, 2020 - 2023, Tonnes
TABLE 48 North America Others Market by Country, 2024 - 2031, Tonnes
TABLE 49 North America Cold Rolled Steel Coil Market by Country, 2020 - 2023, USD Thousands
TABLE 50 North America Cold Rolled Steel Coil Market by Country, 2024 - 2031, USD Thousands
TABLE 51 North America Cold Rolled Steel Coil Market by Country, 2020 - 2023, Tonnes
TABLE 52 North America Cold Rolled Steel Coil Market by Country, 2024 - 2031, Tonnes
TABLE 53 US Cold Rolled Steel Coil Market, 2020 - 2023, USD Thousands
TABLE 54 US Cold Rolled Steel Coil Market, 2024 - 2031, USD Thousands
TABLE 55 US Cold Rolled Steel Coil Market, 2020 - 2023, Tonnes
TABLE 56 US Cold Rolled Steel Coil Market, 2024 - 2031, Tonnes
TABLE 57 US Cold Rolled Steel Coil Market by Hardness, 2020 - 2023, USD Thousands
TABLE 58 US Cold Rolled Steel Coil Market by Hardness, 2024 - 2031, USD Thousands
TABLE 59 US Cold Rolled Steel Coil Market by Hardness, 2020 - 2023, Tonnes
TABLE 60 US Cold Rolled Steel Coil Market by Hardness, 2024 - 2031, Tonnes
TABLE 61 US Cold Rolled Steel Coil Market by End-User, 2020 - 2023, USD Thousands
TABLE 62 US Cold Rolled Steel Coil Market by End-User, 2024 - 2031, USD Thousands
TABLE 63 US Cold Rolled Steel Coil Market by End-User, 2020 - 2023, Tonnes
TABLE 64 US Cold Rolled Steel Coil Market by End-User, 2024 - 2031, Tonnes
TABLE 65 Canada Cold Rolled Steel Coil Market, 2020 - 2023, USD Thousands
TABLE 66 Canada Cold Rolled Steel Coil Market, 2024 - 2031, USD Thousands
TABLE 67 Canada Cold Rolled Steel Coil Market, 2020 - 2023, Tonnes
TABLE 68 Canada Cold Rolled Steel Coil Market, 2024 - 2031, Tonnes
TABLE 69 Canada Cold Rolled Steel Coil Market by Hardness, 2020 - 2023, USD Thousands
TABLE 70 Canada Cold Rolled Steel Coil Market by Hardness, 2024 - 2031, USD Thousands
TABLE 71 Canada Cold Rolled Steel Coil Market by Hardness, 2020 - 2023, Tonnes
TABLE 72 Canada Cold Rolled Steel Coil Market by Hardness, 2024 - 2031, Tonnes
TABLE 73 Canada Cold Rolled Steel Coil Market by End-User, 2020 - 2023, USD Thousands
TABLE 74 Canada Cold Rolled Steel Coil Market by End-User, 2024 - 2031, USD Thousands
TABLE 75 Canada Cold Rolled Steel Coil Market by End-User, 2020 - 2023, Tonnes
TABLE 76 Canada Cold Rolled Steel Coil Market by End-User, 2024 - 2031, Tonnes
TABLE 77 Mexico Cold Rolled Steel Coil Market, 2020 - 2023, USD Thousands
TABLE 78 Mexico Cold Rolled Steel Coil Market, 2024 - 2031, USD Thousands
TABLE 79 Mexico Cold Rolled Steel Coil Market, 2020 - 2023, Tonnes
TABLE 80 Mexico Cold Rolled Steel Coil Market, 2024 - 2031, Tonnes
TABLE 81 Mexico Cold Rolled Steel Coil Market by Hardness, 2020 - 2023, USD Thousands
TABLE 82 Mexico Cold Rolled Steel Coil Market by Hardness, 2024 - 2031, USD Thousands
TABLE 83 Mexico Cold Rolled Steel Coil Market by Hardness, 2020 - 2023, Tonnes
TABLE 84 Mexico Cold Rolled Steel Coil Market by Hardness, 2024 - 2031, Tonnes
TABLE 85 Mexico Cold Rolled Steel Coil Market by End-User, 2020 - 2023, USD Thousands
TABLE 86 Mexico Cold Rolled Steel Coil Market by End-User, 2024 - 2031, USD Thousands
TABLE 87 Mexico Cold Rolled Steel Coil Market by End-User, 2020 - 2023, Tonnes
TABLE 88 Mexico Cold Rolled Steel Coil Market by End-User, 2024 - 2031, Tonnes
TABLE 89 Rest of North America Cold Rolled Steel Coil Market, 2020 - 2023, USD Thousands
TABLE 90 Rest of North America Cold Rolled Steel Coil Market, 2024 - 2031, USD Thousands
TABLE 91 Rest of North America Cold Rolled Steel Coil Market, 2020 - 2023, Tonnes
TABLE 92 Rest of North America Cold Rolled Steel Coil Market, 2024 - 2031, Tonnes
TABLE 93 Rest of North America Cold Rolled Steel Coil Market by Hardness, 2020 - 2023, USD Thousands
TABLE 94 Rest of North America Cold Rolled Steel Coil Market by Hardness, 2024 - 2031, USD Thousands
TABLE 95 Rest of North America Cold Rolled Steel Coil Market by Hardness, 2020 - 2023, Tonnes
TABLE 96 Rest of North America Cold Rolled Steel Coil Market by Hardness, 2024 - 2031, Tonnes
TABLE 97 Rest of North America Cold Rolled Steel Coil Market by End-User, 2020 - 2023, USD Thousands
TABLE 98 Rest of North America Cold Rolled Steel Coil Market by End-User, 2024 - 2031, USD Thousands
TABLE 99 Rest of North America Cold Rolled Steel Coil Market by End-User, 2020 - 2023, Tonnes
TABLE 100 Rest of North America Cold Rolled Steel Coil Market by End-User, 2024 - 2031, Tonnes
TABLE 101 Key Information – Tata Steel Limited
TABLE 102 key Information – ArcelorMittal S.A.
TABLE 103 Key Information – JFE Steel Corporation
TABLE 104 Key Information – Nippon Steel Corporation
TABLE 105 Key Information – China Steel Corporation
TABLE 106 Key Information – AK Steel International B.V.
TABLE 107 Key Information – Nucor Corporation
TABLE 108 Key Information – Hyundai Steel Company
TABLE 109 Key Information – SSAB AB
TABLE 110 Key Information – Voestalpine AG
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Cold Rolled Steel Coil Market, 2020 - 2031, USD Thousands
FIG 3 Key Factors Impacting Cold Rolled Steel Coil Market
FIG 4 Porter’s Five Forces Analysis - Cold Rolled Steel Coil Market
FIG 5 North America Cold Rolled Steel Coil Market share by Hardness, 2023
FIG 6 North America Cold Rolled Steel Coil Market share by Hardness, 2031
FIG 7 North America Cold Rolled Steel Coil Market by Hardness, 2020 - 2031, USD Thousands
FIG 8 North America Cold Rolled Steel Coil Market share by End-User, 2023
FIG 9 North America Cold Rolled Steel Coil Market share by End-User, 2031
FIG 10 North America Cold Rolled Steel Coil Market by End-User, 2020 - 2031, USD Thousands
FIG 11 North America Cold Rolled Steel Coil Market share by Country, 2023
FIG 12 North America Cold Rolled Steel Coil Market share by Country, 2031
FIG 13 North America Cold Rolled Steel Coil Market by Country, 2020 - 2031, USD Thousands
FIG 14 Recent strategies and developments: TATA Steel Limited
FIG 15 SWOT Analysis: TATA Steel Limited
FIG 16 SWOT Analysis: ArcelorMittal S.A.
FIG 17 Swot Analysis: JFE Steel Corporation
FIG 18 Swot Analysis: Nippon Steel Corporation
FIG 19 Swot Analysis: China Steel Corporation
FIG 20 Swot Analysis: AK Steel International B.V.
FIG 21 Swot Analysis: Nucor Corporation
FIG 22 Swot Analysis: Hyundai Steel Company
FIG 23 Swot Analysis: SSAB AB
FIG 24 Swot Analysis: Voestalpine AG