Europe Roll Forming Body in White Market is expected to grow with the CAGR of 4.8% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.
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Europe roll forming body in white market is a fragmented, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in Europe roll forming body in white market are introducing a strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.
For instance,
- In May 2021, Bradbury Co., Inc. announced the acquisition of a client named as MicroMetl. Under this, the company provides roll forming solution to MicroMetl. Through Bradbury’s roll forming solutions, MicroMetl has reduced the overall scrap of knock-down curb and also reduced the number of hours to complete a job compared to press brakes. This will help the company to enhance their customer base in the market.
Tata Steel is the dominating player in Europe roll forming body in white market. The other key players existing in the market includes, among others.
Tata Steel was founded in 1907 and is headquartered in Maharashtra, India. The company is engaged in manufacturing and providing infrastructure, automotive, packaging, and engineering solutions to the customers. The product categories of the company include automotive, engineering, construction, packaging, and sustainability.
- In November 2005, Tata Steel entered into a partnership with BlueScope Steel to form a new joint venture company in India. This new joint venture company formed a new business across India and South Asia, which manufactures zinc/aluminium metallic coated steel, painted steel and rollformed steel products and delivers pre-engineered buildings (PEBs) and other building solutions. This has helped the company to enhance their market presence and to grow in the market.
The company has presence in Asia-Pacific and Europe. In addition to it, the company also generates its revenue from the various subsidiary companies such as Tata Steel Europe, Tata Steel BSL, Tata Steel Long Products, and others.
Gestamp
Gestamp was founded in 1997 and headquartered in Madrid, Spain. The company is engaged in the designing, development, and manufacturing of metal automotive components. The product and technology categories of the company include BIW chassis, mechanisms, presses and dies, cold stamping, roll forming, and among others. The market focused category is BIW and roll forming.
- In February 2017, Gestamp announced launch of a new plant in Pune (India). The company has invested an amount of € 36.00 million for this new facility set up. This new facility provided services for Fiat Chrysler Automobile (FCA), Ford, and Tata. This has helped the company to enhance their market presence and to grow in the market.
The company has presence in Asia-Pacific, Europe, North America, Middle East and Africa, and South America. In addition to it, the company also generates its revenue from the various subsidiary companies such as Gestamp Hard Tech AB, Beycelik A.S., Gestamp Servicios S.L., and among others.
Welser Profile GmbH
Welser Profile GmbH was founded in 1664 and is headquartered in Ybbsitz, Austria. The company is engaged in development and production of roll-formed unique profiles, profile tubes, assemblies made of steel and non-ferrous metals. The product categories of the company include roll forming, punching, cutting, joining, steel section bending, quality, and technology. The market focused category is roll forming.
- In March 2021, Welser Profile GmbH announced opening of 160,000 sq. ft. plant in Valley City, Ohio. The facility will be remodelled and roll forming equipment will be installed later in 2021. This new plant will focus on the company’s core non-automotive industries and on superior roll forming in selected automotive segments. This will help the company to expand their position in Ohio and to grow in the market.
The company has presence in U.S. and European countries.