Metal Plating & Treating in Texas
Over the five years to 2017, the Metal Plating and Treating industry in Texas has grown at a faster rate than the national industry, as the state's economy has exhibited stronger growth than the US economy. The state's strong economy, coupled with its favorable business environment, has encouraged more businesses to set up operations in the state or expand their existing businesses in an effort to increase their output. The industry is expected to continue growing over the five years to 2022, as demand will continue to rise. The global economy is expected to improve, which will increase demand for industry products from international buyers. This trend will especially benefit Texas, as the state is the largest exporter of industry goods in the nation. Consequently, the industry's average annual growth in Texas is expected to exceed the industry's national average over the five years to 2022.
This industry includes companies in Texas that perform work on a metals or metal products to alter not only their surface and appearance, but also their physical and chemical properties. Operators achieve this through applying a coating, engraving or another form of metal treatment.
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.