United States Fabricated Metal Products Market Assessment, By Metal Type, By Fabrication Process, By End-use Industry, By Region, Opportunities and Forecast, 2018-2032F

United States fabricated metal products market is projected to witness a CAGR of 5.06% during the forecast period 2025-2032, growing from USD 4.88 billion in 2024 to USD 7.30 billion in 2032. The fabricated metal products market has experienced significant growth in recent years, driven by rising investments in infrastructure projects and modern buildings, as well as increasing demand for high-strength and lightweight metal products across various sectors. Fabricated metal products are utilized in the construction of high-strength frames, beams, and cladding, which are utilized in the infrastructure industry. Likewise, innovative materials such as aluminum and steel with high strength are used in producing lightweight parts to increase fuel efficiency, which offers the opportunity for market growth during the forecast period.

Additionally, the continuous technology upgrades in the production of fabricated metal products are also driving the market further. The innovations not only streamline the cost of production and enable producers to satisfy the increasing demand for custom and complex designs in several applications. Also, sustainability trends are promoting the uptake of recyclable metals and environmentally friendly fabrication processes that comply with environmental laws and consumer choice thus increasing the demand for fabricated metal products in the country.

For instance, in 2023, around 101.7 thousand metal fabrication robots are in service in the United States. The current trends suggest this figure will more than triple by 2030. Such rapid growth is happening across different processes such as cutting, welding, machining and material handling. This development highlights the rising automation in the industry will drive the market growth in the coming years.

Adoption of Modern Structure in Construction and Infrastructure Sector Propels Market Demand

Current construction processes are mostly dependent on pre-engineered metal structures and sophisticated structural steel fabrication products. The metal fabricated products are cost-efficient, hardwearing, and economical, which helps in the building of contemporary structures. Increased investment in infrastructure, such as bridges, roads, and skyscrapers, demands robust metal products for support. Metal fabricated products like steel frames, beams, cladding, roofing, and reinforcement bars are necessary to lend support to structures of today. Urbanization is propelling large-scale infrastructure projects which in turn are leading to the high demand for fabricated metal products in the market.

Structural fabricated metal products are an important component of infrastructure renewal projects which are driving their demand in the market. With sustainability taking a high level of priority in the construction industry, demand for environmentally friendly metal solutions is increasing in the market. The fabricated structural steel is especially preferred due to its recyclability and energy efficiency contribution, hence playing a role in the increase in demand for construction uses. In addition, increasing government spending on infrastructure projects, including transportation and public buildings, creates a high demand for fabricated metal components in the market. For instance, in December 2024, the Department of Housing and Urban Development (HUD) offers loan and assistance programs for home repairs and improvements. Government programs can make home repairs and renovations more affordable. This development highlights that with the rising support from the government in residential construction will increase the demand for fabricated metal products in the market.

Rising Demand for Lightweight Products in the Automotive Sector Creates Market Opportunity

Lightweight products or components have become significantly important in the automotive sector. The automakers are focusing on improving fuel efficiency, reducing emissions, and enhancing vehicle performance, which could be obtained by the adoption of lightweight materials in the manufacturing of vehicles. Fabricated metal products for the automotive sector are manufactured from high-strength steel, aluminum, and magnesium alloys, which could assist in achieving lightweight designs. Metal fabricated products have high strength-to-weight ratios, allowing manufacturers to achieve weight reduction without sacrificing structural integrity or safety, thereby generating demand in the industry.

In addition, the transition towards electric vehicles (EVs) increases the size of the market even more. EVs require lightweight materials and structures which would compensate for the heavy batteries and motors on board and assist in enhancing the range and efficiency of the vehicle. Value-added metal products play an important role in constructing lighter suspension components, chassis, and other attributes that enable EVs to perform better. Also, future innovation in technology used in manufacturing produced metal products will enable the manufacturing of complex shapes and designs using light metals thus offering a scope for the market to grow within the forecast period. Companies are investing in the production of electric vehicles which driving the demand for fabricated metal products in the market.

For instance, in August 2024, as per the report from Environmental Defence Fund, United States EV manufacturing facilities will be capable of producing around 5.8 million new electric vehicles annually by 2027. This development highlights that several manufacturers are increasing their production capacity, which drives the demand for fabricated metal products in the market.

Dominance of Steel in the Market

Steel continues to hold the largest market share in the United States fabricated metal products market due to its strength, highly versatile nature, and cost-effectiveness. Steel is used in the production d several construction components due to its durability and ability to support complex architectural designs. Increased investments in infrastructure projects will even increase the steel demand. Urbanization and population increase also fuel demand for residential and commercial construction, where steel is a material of primary importance for maintaining structural stability and sustainability which fuel its demand in the market.

In addition, the demand for lightweight components in the automotive and aerospace industries has grown which fuels the demand for high-strength steel and flat steel in the market. Finally, steel is extremely recyclable which is in line with sustainability objectives and makes steel a choice of preference across industries. Moreover, country has increased the imports of the steel for manufacturing the high-quality components for different industries.

For instance, based on preliminary Census Bureau data in January 2025, the American Iron and Steel Institute (AISI) reported that the United States imported a total of 2,123,000 net tons (NT) of steel in December 2024, including 1,820,000 net tons (NT) of finished steel which is around 2.5% rise in the import. This development highlights that the steel demand is increasing in the country, which further boosts the fabricated metal products in the market.

South Region Dominates the United States Market

The South region of United States is experiencing growth in manufacturing, automotive, and aerospace sectors, which makes South region as the dominating region in United States during the forecasted period. The region includes states such as Florida, Texas, and North Carolina, which are hotspots for construction activities. Further, the region has the fastest-growing population and urban development, leading to high demand for metal roofing, HVAC systems, and structural steel products for commercial/residential projects, thus driving the demand for fabricated metal products in the market. In addition, with the rise in Federal and state funding for roads, bridges, and port construction fulling the demand for fabricated metal products in the region.

For instance, in August 2024, the government of Texas decided to invest around USD 148 billion in the transportation infrastructure. The investment includes the unanimous adoption of the more than USD 104 billion 10-year transportation plan by the Texas Department of Transportation (TxDOT) to improve safety, address congestion and connectivity. This development highlights the rising investment in the infrastructure which will drive the demand for fabricated metal products in the market.

Future Market Scenario (2025 - 2032F)

Rising spending in automation, infrastructure, clean energy, and defense sector boost the market growth in the coming years.

Rising adoption of smart manufacturing technologies boost the market size in the forecast period.

Modular construction trends increasing prefabricated metal building systems in the coming years.

Stricter emissions regulations pushing for lighter, recyclable metals in the market.

Key Players Landscape and Outlook

The fabricated metal products industry thrives on relentless innovation, with companies vying for competitive advantage through enhanced energy efficiency, extended product durability, and distinctive capabilities. The market outlook remains positive, owing to increased demand for lightweight materials in the automotive and aerospace sectors. Product launches, agreements, business expansions, collaborations, and developing technologies are projected to increase competition in the fast-paced market.

For instance, in July 2023, Anchor Partners acquired JR Custom Metal Products Inc., a manufacturer of custom metal fabrication products for large OEMs in various industries. The acquisition adds JR Custom to Anchor Partners' family of companies, providing over 1.5 million sq. ft. of manufacturing and metal fabrication space. Anchor operates in Texas, Tennessee, Mississippi, Kansas, Alabama, Virginia, and Louisiana. JR Custom will continue production in Wichita, with plans to start a weekend shift in the powder coating facility in August 2023.