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The global metal and metal manufactured products market attained a value of nearly USD 12.67 billion in 2023. The market is projected to grow at a CAGR of 5% between 2024 and 2032 to reach a value of around USD 19.65 billion by 2032.
Metal and metal manufactured products refer to metal components which are combined and shaped to create a useful final product. The manufacturing of these products involves forging, stamping, bending, forming, and machining, among others.
Based on product, the market is segmented into wires and cables, jewellery and ornaments, bars and rebar, sheets, rolls, pipe fixtures and fittings, pipes, moulded components, batteries, and paints and coatings, among others. On the basis of metal, the market is classified into lithium, magnesium, aluminium, chromium, manganese, iron, cobalt, copper, zinc, molybdenum, gold, bismuth, lead, and silver, among others.
By end use, the market is divided into automotive and transportation, aerospace and defence, marine, consumer goods, electrical and electronics, manufacturing, energy and power, construction, packaging, and pharmaceuticals, among others. The major regional markets for metal and metal manufactured products are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global metal and metal manufactured products market report, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
Iron accounts for a significant share of the metal and metal manufactured products market. This can be attributed to the fact that iron is one of the most versatile and widely used metals across the globe. Heightening applications of iron to manufacture steel, which is used to produce utensils, cookware, and hospital equipment, among others, is further fuelling the growth of the segment.
Over the forecast period, the anticipated increase in the growth of the construction sector, especially across emerging economies, is likely to propel the demand for iron to develop strong and durable structures.
The Asia Pacific holds a healthy share of the metal and metal manufactured products market. Well-established manufacturing sector across emerging and developed economies such as India, China, Japan, and South Korea, among others, is driving the demand for metal and metal manufactured products. Meanwhile, steady urbanisation and infrastructure development across under-developed economies are likely to boost the demand for iron and steel in the forecast period.
ALL METAL SALES, INC. is a company which specialises in non-standard and custom-made items possessing diverse metal processing capabilities. The company was founded in 1999 and is headquartered in Ohio, the United States.
Asarco (Grupo Mexico) is a leading mining, smelting, and refining company, known for producing low-cost, high-quality metals, and related products. It was established in 1899 and is headquartered in Arizona, the United States.
Hochschild Mining PLC is a renowned silver and gold-mining company which engages in exploring, mining, processing, and selling precious metals. The company was founded in 1911 and is headquartered in London, United Kingdom.
Other market players include Proterial, Ltd., Rio Tinto, Broder Metals Group Ltd, CMOC Group Limited, Interstate Metal Inc., Newmont Corporation, Anglo American plc, Sierra Metals Inc., and Talco Aluminium Company, among others.
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 Product |
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Breakup by Metal |
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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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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of nearly USD 12.67 billion in 2023.
The market is estimated to grow at a CAGR of 5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 19.65 billion by 2032.
The rapid expansion of end use sectors such as construction, the rising demand for iron and stainless steel in diverse applications, and rapid urbanisation across emerging economies are the major drivers of the market.
The key trends in the market include the increasing product launches by leading market players and surging infrastructural development activities.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Wires and cables, jewellery and ornaments, bars and rebar, sheets, rolls, pipe fixtures and fittings, pipes, moulded components, batteries, and paints and coatings, among others, are the different types of products included in the market report.
ALL METAL SALES, INC., Asarco (Grupo Mexico), Hochschild Mining PLC, Proterial, Ltd., Rio Tinto, Broder Metals Group Ltd, CMOC Group Limited, Interstate Metal Inc., Newmont Corporation, Anglo American plc, Sierra Metals Inc., and Talco Aluminium Company, among others, are the key metal and metal manufactured products market players.
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Australia
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United States (Head Office)
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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