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) engaged in the manufacturing of screws, nuts, bolts, springs, wire, boilers, tanks, shipping containers, architectural and structural metal, cutlery, and hand tools.
The global metal products market reached a value of nearly $2,116.0 billion in 2020, having increased at a compound annual growth rate (CAGR) of 16.0% since 2015. The market is expected to grow from $2,116.0 billion in 2020 to $3,149.3 billion in 2025 at a rate of 8.3%. The global metal products market is then expected to grow at a CAGR of 5.7% from 2025 and reach $4,147.0 billion in 2030.
Many metal products companies are 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. Therefore, the improved plant efficiency is expected to upsurge the metal products market growth.
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Some metal products market trends include using recyclable and recycled materials for manufacturing new metal products. The production of new products using the scrap metals help the manufacturers to recover some costs and avoid waste; controls the energy and associated emissions required to produce new metal. Moreover, metal products manufacturers are using digital thermomechanical processing (TMP) to prevent metal-flow defects and for material-use optimization.
Global metal products market segments include:
1) By Type: Forged And Stamped Goods (Iron And Steel Forged Goods, Nonferrous Forged Goods, Custom Roll Formed Goods, Powder Metallurgy Parts, Metal Crown, Closure, And Other Metal Stamped Goods), Cutlery And Hand Tools (Metal Kitchen Cookware, Utensil, Cutlery, And Flatware, Saw Blade And Hand Tool), Architectural And Structural Metals (Plate Work And Fabricated Structural Product, Ornamental And Architectural Metal Products), Boiler, Tank, And Shipping Container(Power Boiler And Heat Exchanger, Metal Tank (Heavy Gauge), Metal Can, Box, And Other Metal Container (Light Gauge)), Hardware(Furniture Hardware, Motor Vehicle Hardware, Builder’s Hardware, Other Hardware), Spring And Wire Products (Springs, Other Fabricated Wire Products), Machine Shops (Machine Shops, Turned Product And Screw, Nut And Bolt), Turned Product, And Screw, Nut, And Bolt, Coated, Engraved, And Heat Treated Metal Products (Heat Treated Metal Products, Coated, Engraved Metal Products And Allied Services To Manufacturers, Electroplated, Plated, Polished, Anodized, And Colored Metal Products)), Metal Valves (Industrial Valves, Fluid Power Valve And Hose Fitting, Plumbing Fixture Fitting And Trim, Other Metal Valve And Pipe Fitting), Other Fabricated Metal Products (Ball And Roller Bearing, Fabricated Pipe And Pipe Fitting, Other Miscellaneous Fabricated Metal Products)
2) By End Use: Construction, Manufacturing, Others
3) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Metal Products Opportunities And Strategies: Forecast 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 identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Metal Products Opportunities And Strategies: Forecast 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: Schaeffler, Stanley Black & Decker, Ball Corporation, ITW, Shanghai PMC
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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