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Australia Metal Fabrication Market Size, Share, Analysis: By Material Type: Aluminium, Steel, Others; By Service Type: Forging, Casting, Machining, Welding and Tubing, Others; By End Use: Power Utilities, Manufacturing, Oil and Gas, Construction, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
Australia Metal Fabrication Market Outlook
The Australia metal fabrication market size reached USD 434.2 million in 2023. The market is expected to grow at a CAGR of 3.6% between 2024 and 2032, reaching USD 593.4 million by 2032.
Key Takeaways:
- As per the Parliament of Australia, the steel industry possesses an overall steelmaking capability of 2.6 million tonnes annually.
- The Australian Aluminium Council recognizes aluminium's significance in the worldwide shift to net zero emissions, listed in the Strategic Materials List.
- The Department of Climate Change, Energy, Environment, and Water reported a 2% increase in Australia's total electricity production.
Aluminium contributes to the Australia metal fabrication market growth since it naturally forms a protective oxide layer when exposed to air, offering exceptional resistance to corrosion
Aluminium’s lightweight nature suits aerospace and automotive needs, offering exceptional corrosion resistance for outdoor applications. Its strength-to-weight ratio, malleability for intricate designs, high conductivity, and full recyclability lessen environmental impact.
Steel, valued for its strength and endurance, finds utility in robust applications such as bridges and skyscrapers. Its array of grades enables customization for various requirements. With strong fire resistance and cost-effectiveness, eco-friendly options like recycled steel are favoured for precise fabrication in large-scale projects.
In September 2023, the inaugural iLAuNCH Trailblazer initiative began, aiming to establish an advanced manufacturing plant creating sturdier satellite and hypersonic vehicle structures using additive manufacturing (AM). This innovative technology utilizes Electron Beam Melting (EBM) for metal fabrication.
Market Segmentation
Australia Metal Fabrication Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Material Type
- Aluminium
- Steel
- Others
Market Breakup by Service Type
- Forging
- Casting
- Machining
- Welding and Tubing
- Others
Market Breakup by End Use
- Power Utilities
- Manufacturing
- Oil and Gas
- Construction
- Others
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
The Australia metal fabrication market key players are Melbourne Metalwork, Metfab Pty Ltd., Nil Group Pty Ltd., THT Steel, Austeel Steel Fabrication, T & P Steel Fabrication, Metaltex Australia Pty Ltd., and Ultralift Australia Pty Ltd. (Westberg Sheetmetal) among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Material Type |
|
| Breakup by Service Type |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Metal Fabrication Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Metal Fabrication Historical Market (2018-2023)
8.3 Asia Pacific Metal Fabrication Market Forecast (2024-2032)
9 Australia Metal Fabrication Market Overview
9.1 Key Industry Highlights
9.2 Australia Metal Fabrication Historical Market (2018-2023)
9.3 Australia Metal Fabrication Market Forecast (2024-2032)
10 Australia Metal Fabrication Market by Material Type
10.1 Aluminium
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Steel
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Others
11 Australia Metal Fabrication Market by Service Type
11.1 Forging
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Casting
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Machining
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Welding and Tubing
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
12 Australia Metal Fabrication Market by End Use
12.1 Power Utilities
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Manufacturing
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Oil and Gas
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Construction
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Others
13 Australia Metal Fabrication Market by Region
13.1 New South Wales
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Victoria
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Queensland
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Australian Capital Territory
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Western Australia
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Melbourne Metalwork
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Metfab Pty Ltd.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Nil Group Pty Ltd.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 THT Steel
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Austeel Steel Fabrication
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 T & P Steel Fabrication
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Metaltex Australia Pty Ltd.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Ultralift Australia Pty Ltd. (Westberg Sheetmetal)
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Metal Fabrication Market: Key Industry Highlights, 2018 and 2032
2. Australia Metal Fabrication Market: Key Industry Highlights, 2018 and 2032
3. Australia Metal Fabrication Historical Market: Breakup by Material Type (USD Million), 2018-2023
4. Australia Metal Fabrication Market Forecast: Breakup by Material Type (USD Million), 2024-2032
5. Australia Metal Fabrication Historical Market: Breakup by Service Type (USD Million), 2018-2023
6. Australia Metal Fabrication Market Forecast: Breakup by Service Type (USD Million), 2024-2032
7. Australia Metal Fabrication Historical Market: Breakup by End Use (USD Million), 2018-2023
8. Australia Metal Fabrication Market Forecast: Breakup by End Use (USD Million), 2024-2032
9. Australia Metal Fabrication Historical Market: Breakup by Region (USD Million), 2018-2023
10. Australia Metal Fabrication Market Forecast: Breakup by Region (USD Million), 2024-2032
11. Australia Metal Fabrication Market Structure
Key Questions Answered in the Report
The market was valued at USD 434.2 million in 2023.
The market is projected to grow at a CAGR of 3.6% between 2024 and 2032.
The revenue generated from the market is expected to reach USD 593.4 million in 2032.
The metal fabrication market is categorised according to material type, which includes aluminium, steel, and others.
The key players are Melbourne Metalwork, Metfab Pty Ltd., Nil Group Pty Ltd., THT Steel, Austeel Steel Fabrication, T & P Steel Fabrication, Metaltex Australia Pty Ltd., and Ultralift Australia Pty Ltd. (Westberg Sheetmetal) among others.
Based on the end use, the market is divided into power utilities, manufacturing, oil and gas, construction, and others.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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