openPR Logo
Press release

Fabricated Metal Products Market – Latest Report on Competition 2028

02-05-2019 01:16 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TMR Research

/ PR Agency: TMR Research
Fabricated Metal Products Market – Latest Report

Fabricated Metal Products Market Introduction

Metal fabrication is a process followed to give metal a particular shape and turn it into various types of end products depending on the end-use applications of fabricated metal products. Various modern techniques can be employed in metal fabrication processes to manufacture various types of fabricated metal products, such as metal cans, shipping containers, structural metal parts, forgings & stampings, screws & bolts, ordnance accessories, cutlery, hand tools, and other fabricated metal products used in various types of hardware.

Request Sample Copy of the Report @
https://www.tmrresearch.com/sample/sample?flag=B&rep_id=4575

Fabricated Metal Products Market – Notable Developments

Ball Corporation, Schaeffler Technologies AG & Co. KG, Commercial Metals Company, Nucor Corporation, Timken Company, Mueller Industries, Flowserve, Toyo Seiken, and Snap-on are among the leading companies in the fabricated metal products market.

Ball Corporation – a multinational company in the fabricated metal products market – announced in December 2018 that it has entered an agreement for the sale of its metal beverage packaging facilities in Beijing, Foshan, Hubei and Qingdao, China. ORG Technology Co. Ltd. – a Chinese metal packaging company – will be purchasing Ball’s beverage can facilities in China for approximately $225 million. The company announced that it is taking this step to free up capital that does not generate satisfactory returns and ultimately to reach the goals of free cash flow in excess of $1 billion and $2 billion of comparable Earnings before interest, tax, depreciation and amortization (EBITDA).
Schaeffler Technologies AG & Co. KG – a German manufacturer of rolling element bearings and leading player in the fabricated metal products market – signed an agreement to acquire a German company that manufactures stators and alternators – Elmotec Statomat Holding GmbH, in November 2018. Schaeffler is implementing the company’s strategy to focus on electric mobility with the acquisition and aims to expand its knowledge and expertise in the high-volume construction of electric motors.

Request TOC of the Report @
https://www.tmrresearch.com/sample/sample?flag=T&rep_id=4575

Commercial Metals Company – another leading player in the fabricated metal products market, based in the United States (U.S.) – announced in November 2018, that it has acquired 33 rebar fabrication facilities in the North American region from Gerdau S.A. – a Brazilian steel production company – for a cash purchase price of $600 million. With this acquisition, the company aims to improve its geographical footprint and operational flexibility to establish a stronger position in the fabricated metal products market as a leading provider of wire rod products.
Nucor Corporation – an American producer of fabricated metal products including steel products – announced in January 2019 that it will be investing nearly US$ 1.35 billion in building a new plate mill in the U.S. capable of producing 1.2 million tons per year of steel plate products. The company also announced that the investment is aimed at its long-term profitable growth strategy that mainly focuses on expanding its production of value-added fabricated metal products in the upcoming years.

In September 2018, the company announced the approval of an US$ 650 million investment in expanding the flat-rolled sheet steel mill in Kentucky, to ultimately double the production from 1.6 million tons to 3 million tons per year. This investment complements the company’s recent investment of over US$ 176 million for constructing a pickle galvanizing line at Nucor Steel Gallatin, which is likely to begin producing around 500 thousand tons per year of galvanized hot band steel in the first half of 2019.

Fabricated Metal Products Market Dynamics

Flourishing Growth of the Metal Fabrication Industry to Drive Growth of the Fabricated Metal Products Market

The demand for fabricated metal products and overall growth prospects of the metal fabrication industry mainly depend on economic growth to thrive and its impact on other industrial sectors. Post the Great Recession, the global economic landscape has recalibrated itself, creating positive growth environment for various industrial sectors, including the fabricated metal products market.

Read Comprehensive Overview of Report @
https://www.tmrresearch.com/fabricated-metal-products-market

Current modifications in business models of various industries include a major shift from depending on a few large projects to procure yearly profits to maintaining steady sales volumes by diversifying products. This has continued to boost growth of the metal fabrication industry. Thereby, improving growth prospects of the metal fabrication industry with the recovering global economy is expected to provide an impetus to growth of the fabricated metal products market.

A Palpable Shift from Fabricated Metal Products to Lightweight Plastics will Hamper Fabricated Metal Products Market

The lightweighting trend is spreading fast across a wide range of industrial sectors, which is bringing in some huge transformations in the raw materials used in various end-use applications. Most industry players are replacing heavy weight fabricated metal products with lightweight alternatives, such as components made of plastic. The automotive industry and the aerospace industry are among the leading end-use industries that have amassed the lightweighting trend by spurning fabricated metal parts with plastics. Thereby, increasing popularity of the lightweighting trend is likely to impede growth of and developments in the fabricated metal products market in the upcoming year.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Contact:

TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050
Email: sales@tmrresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Fabricated Metal Products Market – Latest Report on Competition 2028 here

News-ID: 1561174 • Views: 180

More Releases from TMR Research

KEY OPINION LEADER MANAGEMENT MARKET SCOPE, SEGMENTATION, DEVELOPMENT AND OPPORT …
Global Key Opinion Leader Management Market: Snapshot Key opinion leaders (KOLs) are trustworthy, influential, and experts of a particular field in the healthcare industry. Relationships of a firm with these KOLs is of great importance to manage and build a strong healthcare profile. These key opinion leaders go a long way towards educating the scientific and medical communities as well as help in increasing awareness pertaining to the recent developments in
SMART WATER GRID MARKET NEWER SEGMENTS OF APPLICATION 2025
Global Smart Water Grid Market – Snapshot The global smart water grid market is foreseen to experience its development prodded on the back of the prerequisite of managing old infrastructure, rise in information and communication technology (ICT), gap between supply and demand, water shortage, and several other factors. So as to guarantee smooth supply of water and keep a tab on its equal supply, smart water grid technology is expected to
DIGITAL UTILITY MARKET EXPANSION PROJECTED TO GAIN AN UPTICK DURING 2025
Global Digital Utility Market: Snapshot In the midst of surging demand for quick digitalization and green energy in the energy segment, the interest for digital utility system is rising notably. Penetration of digital innovations in the vitality sector and programs in nations, for example, India and China expected to fulfil local needs are foreseen to feed the demand for digital utility solutions. Get Exclusive PDF Sample Copy Of This Report: https://www.tmrresearch.com/sample/sample?flag=B&rep_id=3398 Rise in
WEB CONTENT MANAGEMENT MARKET VALUE PROJECTED TO EXPAND BY 2025
Global Web Content Management Market: Snapshot The global web content management market is anticipated to gain impetus due to the need for organizing and appropriately using content across various marketing channels such as social media and mobile, and not just the web. Web content management allows users to have a seamless web experience while helping organizations to digitally market their products and services. It helps both technical and non-technical users to

All 5 Releases


More Releases for Metal

Nanoparticles – Metal & Metal Oxides Market Size, Share | Industry Report 2026
The global Nanoparticles – Metal & Metal Oxides Market was valued at $5.2billion in 2018 and is forecast to grow at a modestxx.3 % CAGR between 2018 and 2026, culminating in 2026 global sales of $10.6billion. Nanoparticles – Metal & Metal Oxides have been widely studied for antimicrobial activities and it is known for their highly patent zinc oxide(ZnO), copper oxide (CuP), titanium oxide (TiO2), iron oxide (Fe3O4), include silver
Metal Foams Market
Metal Foams Market: Introduction Metal foams incorporates structured cellular material provided as cushion, insulation, vibration damping, or as a packaging application. These light weight cellular material, metal foams are popular in the market for its interesting combination of physical and chemical parameters that offers high stiffness, high compression strength and energy absorption. With the increasing industrial growth in every sector, including machineries, automotive, marine, military and others, the metal foams market is
Inorganic Metal Finishing Market
Global Inorganic Metal Finishing Market Insights, Forecast To 2025 report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. The report also focuses on industry-specific drivers, restraints, opportunities and challenges in the Inorganic Metal Finishing market. This research report offers in-depth analysis of the market size (revenue), market share, major market segments, and different geographic regions,
Global Metal Detectors Market
The Metal Detectors Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/13111 Metal Detectors Market : Drivers and Challenges The global metal detectors market is expected to be significantly driven by increasing government investments
Market Intelligence Report Metal and Metal Oxide Nanoparticles, 2015-2025
Metal and metal oxide nanoparticles, also indicated as nanocrystals or nanopowders play a vital role in many areas of physics, chemistry and material science. These are available in variable shapes, sizes as well as surface coatings. Metal oxide nanoparticles offer a variety of functionalities that remain desirable over a number of segments such as anti-corrosion, anti-bacterialism, thermal barrier, easy-clean, UV- absorbent & combinations thereof. Metal and metal oxide nanoparticles are
ultra high frequency metal tags on metal for system (gyrfidstore)
RFID Disc Tags are widely used for inventory tracking system or Automatic production systems. The RFID Disc Tag can also work on metal surface with anti-metal layer on it, also can be attached to goods surface by adhesive layer. There are abundant size options from 12mm to 50mm. GYRFID presents several types with different material and size to suitable customer’s application. DIP Series- PVC Disc Tag, PVC Laminated, thickness of 1.0-1.2mm DIT