Japan Hot Rolled Coil Steel Market Size & Outlook, 2025-2030

The hot rolled coil steel market in Japan is expected to reach a projected revenue of US$ 12,645.4 million by 2030. A compound annual growth rate of 5.3% is expected of Japan hot rolled coil steel market from 2025 to 2030.
Revenue, 2024 (US$M)
$10,481.6
Forecast, 2030 (US$M)
$12,645.4
CAGR, 2025 - 2030
5.3%
Report Coverage
Japan

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Japan hot rolled coil steel market, 2018-2030 (US$M)

Japan hot rolled coil steel market, 2018-2030 (US$M)

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Japan hot rolled coil steel market highlights

  • The Japan hot rolled coil steel market generated a revenue of USD 10,481.6 million in 2024 and is expected to reach USD 12,645.4 million by 2030.
  • The Japan market is expected to grow at a CAGR of 5.3% from 2025 to 2030.
  • In terms of segment, greater than 3mm was the largest revenue generating thickness in 2024.
  • Less than or equal to 3mm is the most lucrative thickness segment registering the fastest growth during the forecast period.


Hot rolled coil steel market data book summary

Market revenue in 2024USD 10,481.6 million
Market revenue in 2030USD 12,645.4 million
Growth rate5.3% (CAGR from 2025 to 2030)
Largest segmentGreater than 3mm
Fastest growing segmentLess than or equal to 3mm
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLess than or equal to 3mm, Greater than 3mm


Other key industry trends

  • In terms of revenue, Japan accounted for 3.0% of the global hot rolled coil steel market in 2024.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China hot rolled coil steel market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 207,701.0 million by 2030.

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Hot Rolled Coil Steel Market Companies

Name Profile # Employees HQ Website
Shougang Group Co, Ltd. View profile - Beijing, Beijing, China, Asia http://shougang.com.cn/en/ehtml/index.html
Hesteel View profile 1001-5000 Shijiazhuang, Hebei, China, Asia http://www.hbisco.com/site/en/index.html
Benxi Steel View profile 10001+ Benxi, Liaoning, China, Asia http://www.bxsteel.com/
JFE Steel View profile 10001+ Tokyo, Tokyo, Japan, Asia https://www.jfe-steel.co.jp/en
Nucor Corporation View profile 10001+ Charlotte, North Carolina, United States, North America http://www.nucor.com
Tata Steel View profile 10001+ Mumbai, Maharashtra, India, Asia http://www.tatasteel.com
ArcelorMittal View profile 10001+ Luxembourg, Luxembourg, Luxembourg, Europe https://corporate.arcelormittal.com/
China Baowu Steel Group View profile 1001-5000 Shanghai, Shanghai, China, Asia http://www.baowugroup.com
POSCO Holdings Inc ADR View profile 44501 POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, Korea, Republic of, 06194 https://www.posco.co.kr
Nippon Steel Corp View profile 121990 6-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-8071 https://www.nipponsteel.com

Japan hot rolled coil steel market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hot rolled coil steel market will help companies and investors design strategic landscapes.


Greater than 3mm was the largest segment with a revenue share of 61.48% in 2024. Horizon Databook has segmented the Japan hot rolled coil steel market based on less than or equal to 3mm, greater than 3mm covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the Japan hot rolled coil steel market , including forecasts for subscribers. This country databook contains high-level insights into Japan hot rolled coil steel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Japan hot rolled coil steel market size, by thickness, 2018-2030 (US$M)

Japan Hot Rolled Coil Steel Market Outlook Share, 2024 & 2030 (US$M)

Japan hot rolled coil steel market size, by thickness, 2018-2030 (US$M)

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