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[English Market Research Report] Global Market for Rolled Dies

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The global market for rolling dies was valued at approximately 517 million USD in 2022 and is expected to grow at a healthy growth rate of over 7.05% during the forecast period from 2023 to 2030. Rolling dies are various types of tools used for shaping and forming metals to fit specific sizes and shapes. They are commonly used in the manufacturing of various metal parts. Factors driving market growth include an increase in consumer demand and the need for customized products, resulting in a rise in demand for customized metal parts, with rolling dies facilitating the production of customized products with complex shapes and sizes. Rolling dies are essential tools in the manufacturing of commercial vehicles, and the increasing demand for commercial vehicles is another factor promoting market growth, as it leads to a rise in the demand for rolling dies. According to Statista, the global production of commercial vehicles in 2021 was approximately 23.2 million units, with an expected increase compared to the previous year, which is anticipated to drive market growth. However, the increasing use of composite materials in automotive applications is hindering market growth.

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