Fabricated Structural Metal Manufacturing
Over the five years to 2018, revenue for the Fabricated Structural Metal Manufacturing industry is expected to trend higher, bolstered by a revival in construction activity. The industry is highly cyclical in nature, and thus tends to ebb and flow with the business cycle. As a result, the industry is expected to benefit in light of resurgence in demand for construction activity, particularly nonresidential construction. To compete against low-cost operators abroad, vertical integration is expected to become increasingly prominent during the five-year period. Industry operators in emerging markets, such as China, have lower labor expenses and are able to pass along savings to downstream operators in the form of lower selling prices. The Fabricated Structural Metal Manufacturing industry is anticipated to continue to grow over the five years to 2023, boosted by rising construction activity. Moreover, government funding for highways is projected to rise, further bolstering demand for the industry's products, such as concrete reinforcing bars.
This industry fabricates structural metal products, such as assemblies of concrete reinforcing bars and fabricated bar joists.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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