The Global Metal Products Market Report by The Business Research Company covers metal products market drivers and restraints, metal products market size, major players, and the impact of COVID-19 on the metal products market.
The metal products market consists of sales of metal products by entities (organizations, sole traders and partnerships) that are engaged in manufacturing metal products such as screws, nuts, bolts, springs, wires, boilers, tanks, cutlery and hand tools. This industry also includes forging, stamping, coating, engraving, heat treating and allied activities. The metal products market is segmented into forged and stamped goods, cutlery and hand tools, architectural and structural metals, boiler, tank, and shipping container, hardware, spring and wire products, machine shops, turned product, and screw, nut, and bolt, coated, engraved and heat treated metal products, metal valves, and other fabricated metal products.
The metal products market have benefitted from the rapid growth in automotive industry during the historic period.
The global metal products market is expected to grow from $2115.97 billion in 2020 to $2423.06 billion in 2021 at a compound annual growth rate (CAGR) of 14.5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $3139.63 billion in 2025 at a CAGR of 7%.
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Some metal products market trends include metal products companies using robotics and automation to improve plant efficiency and productivity. Sensors are being used in various machines to access invaluable data for improving efficiencies and reduce potential breakdowns.
Global metal products market segments include:
1) By Type: Forged And Stamped Goods, Cutlery And Hand Tools, Architectural And Structural Metals, Boiler, Tank, And Shipping Container, Hardware, Spring And Wire Products, Machine Shops, Turned Product, And Screw, Nut, And Bolt, Coated, Engraved, And Heat Treated Metal Products, Metal Valves, Other Fabricated Metal Products.
2) By End Use: Construction, Manufacturing, Others.
Sub segments covered: Iron And Steel Forged Goods, Nonferrous Forged Goods, Custom Roll Formed Goods, Powder Metallurgy Parts, Metal Crown, Closure, And Other Metal Stamped Goods, Metal Kitchen Cookware, Utensil, Cutlery, And Flatware, Saw Blade And Hand Tool, Plate Work And Fabricated Structural Products, Ornamental And Architectural Metal Products, Power Boiler And Heat Exchanger, Metal Tank (Heavy Gauge), Metal Can, Box, And Other Metal Container (Light Gauge), Furniture Hardware, Motor Vehicle Hardware, Builder’s Hardware, Other Hardware, Springs, Other Fabricated Wire Products, Machine Shops, Turned Product And Screw, Nut, And Bolt, Heat Treated Metal Products, Coated, Engraved Metal Products And Allied Services To Manufacturers, Electroplated, Plated, Polished, Anodized, And Colored Metal Products, Industrial Valves, Fluid Power Valve And Hose Fitting, Plumbing Fixture Fitting And Trim, Other Metal Valve And Pipe Fitting, Ball And Roller Bearing, Fabricated Pipe And Pipe Fitting, All Other Miscellaneous Fabricated Metal Products.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest global metal products market share.
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The Metal Products Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides metal products market overviews, analyzes and forecasts market size, share, metal products market players, metal products market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The metal products market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Metal Products Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Gibraltar Industries, Mueller Industries, The Timken Company, Jiangsu Guotai International, Toyo Seikan.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Metal Products Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Metal Products Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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