Metal Plating & Treating in the US - Industry Market Research Report
Description
Metal Plating & Treating in the US
Over the five years to 2023, revenue for the Metal Plating and Treating industry has fallen, because of uneven demand conditions from automotive and construction markets. Steel prices have been subject to extreme volatility in recent years in line with substantial fluctuations in steel production and demand. Nonetheless, while high downstream demand from the Steel Framing industry (IBISWorld report 23812) buoyed revenue for some industry operators, volatility in demand from the Steel Rolling and Drawing industry (IBISWorld report 33122) hampered revenue growth. Input volatility pressured industry revenue throughout the period, especially during COVID-19. Over the past five years, revenue fell at a CAGR of 0.3% to $33.4 billion, including a decrease of 2.4% in 2023.
This industry includes companies that perform work on metals or metal products. They treat metals (e.g. by applying a coating or engraving), altering not only their surface and appearance, but also their physical and chemical properties. Operators in this industry typically provide services to metal or metal-product manufacturers.
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.
Over the five years to 2023, revenue for the Metal Plating and Treating industry has fallen, because of uneven demand conditions from automotive and construction markets. Steel prices have been subject to extreme volatility in recent years in line with substantial fluctuations in steel production and demand. Nonetheless, while high downstream demand from the Steel Framing industry (IBISWorld report 23812) buoyed revenue for some industry operators, volatility in demand from the Steel Rolling and Drawing industry (IBISWorld report 33122) hampered revenue growth. Input volatility pressured industry revenue throughout the period, especially during COVID-19. Over the past five years, revenue fell at a CAGR of 0.3% to $33.4 billion, including a decrease of 2.4% in 2023.
This industry includes companies that perform work on metals or metal products. They treat metals (e.g. by applying a coating or engraving), altering not only their surface and appearance, but also their physical and chemical properties. Operators in this industry typically provide services to metal or metal-product manufacturers.
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.
Table of Contents
47 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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