PUBLISHER: The Business Research Company | PRODUCT CODE: 1080011
PUBLISHER: The Business Research Company | PRODUCT CODE: 1080011
Metal Manufacturing Market Global Report 2022 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global metal manufacturing market as it emerges from the COVID-19 shut down.
Where is the largest and fastest growing market for the metal manufacturing? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The Metal Manufacturing market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider metal manufacturing market; and compares it with other markets.
Markets Covered: 1) By Type: Iron and Steel Mills and Ferroalloy Manufacturing; Nonferrous Metal Production and Processing; Alumina and Aluminum Production and Processing; Foundries; Steel Product Manufacturing
2) By Metal Type: Aluminum; Beryllium; Bismuth; Cadmium; Cerium; Chromium; Cobalt; Other Metal Types
3) By End User: Construction; Manufacturing; Other End Users
Subsegments Covered: Crude Steel; Pig Iron; Ferroalloys; Nonferrous Metal (except Aluminum) Smelting And Refining; Copper Rolling; Drawing; Extruding; And Alloying; Nonferrous Metal (except Copper And Aluminum) Rolling; Drawing; And Extruding; Secondary Smelting; Refining; And Alloying of Nonferrous Metal (except Copper And Aluminum); Aluminum Product Manufacturing From Purchased Aluminum; Secondary Smelting And Alloying Of Aluminum; Alumina Refining And Primary Aluminum Production; Ferrous Metal Foundries; Nonferrous Metal Foundries; Iron And Steel Pipe And Tube Manufacturing; Rolling And Drawing
Companies Mentioned: Arcelor Mittal; POSCO; Nippon Steel & Sumitomo Metal; JFE; TATA Steel Group
Metrics Covered: Number of Enterprises; Number of Employees
Countries: Argentina; Australia; Austria; Bangladesh; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Iran; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; Ukraine; USA; Vietnam
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; metal manufacturing indicators comparison.
Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Major players in the metals manufacturing market are Arcelor Mittal, POSCO, Nippon Steel & Sumitomo Metal, JFE, and TATA Steel Group.
The global metal manufacturing market is expected to grow from $3,023.2 billion in 2021 to $3,425 billion in 2022 at a compound annual growth rate (CAGR) of 13.3%. The market is expected to grow to $4,542.55 billion in 2026 at a CAGR of 7.3%.
The metals manufacturing market consists of sales of metals by entities ((organizations, sole traders and partnerships) that operate iron and steel foundries, iron and steel mills, and/or ferroalloy manufacturing businesses, and/or entities that undertake alumina and aluminium production and processing.
The main types of metal manufacturing are iron and steel mills and ferroalloy manufacturing, nonferrous metal production and processing, alumina and aluminium production and processing, foundries, and steel product manufacturing. Steel product manufacturing refers to the products rolled, formed, shaped, drawn, extruded, forged, cast, fabricated or processed, or processed by a combination of two or more or such operations, from steel made by the open heath, basic oxygen, electric furnace, Bessemer or other steel making process. The metal types are aluminium, beryllium, bismuth, cadmium, cerium, chromium, cobalt, and other metal types. The various end-users involved are construction, manufacturing, and other end-users.
The Asia Pacific was the largest region in the metal manufacturing market in 2021. Western Europe was the second-largest region in the metal manufacturing market. The regions covered in the metals manufacturing report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Industrial robotics is gaining traction among companies in the metals industry. This is mainly because industrial robotics aids companies in reducing labour costs, improving workplace safety, and driving productivity and efficiency. Industrial robots have widespread applications in the metals industry performing tasks such as material handling, arc welding, spot welding, cutting, and press tending. According to a KPMG report, 42% of executives of global metals companies are willing to invest significantly in robotics. Examples of companies offering industrial robots to metals companies include FANUC, KUKA, ABB, and Motoman.
The countries covered in the metal manufacturing market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, Vietnam.