Recent Improvements And Future Growth In Metal Products Market With Top Leading Players Like Gibraltar Industries; Mueller Industries And More

The Business Research Company offers " Metal Products Global Market Report 2020-30: Covid 19 Impact and Recovery " in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global metal products market is expected to decline from $2501.9 billion in 2019 to $2189.4 billion in 2020 at a compound annual growth rate (CAGR) of -12.5%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $2707.4 billion in 2023.

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The metal products manufacturing market consists of sales of metal products by entities (organizations, sole traders and partnerships) engaged in screw, nut, bolt, spring, wire, boiler, tank, shipping, architectural, structural metal, cutlery and hand tool manufacturing. This industry also includes forging, stamping, coating, engraving, heat treating and allied activities.

Many metal and mineral manufacturing companies are using robotics and automation to improve plant efficiency and productivity. Sensors are being used in various machines to access invaluable data for improving efficiencies and reduce potential breakdowns. For instance, according to a report by Boston Consulting Group (BCG) in 2015, 1.2 million industrial robots are expected to be deployed by 2025 , thus indicating rise in automation and robotics technology adoption to improve productivity and reduce production costs.

Metal Products Market Segmentation: -
By Type
1.Forging And Stamping
2. Cutlery And Hand tool Manufacturing
3. Architectural And Structural Metals Manufacturing
4. Boiler, Tank, And Shipping Container Manufacturing
5. Hardware Manufacturing

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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Metal Products Market Characteristics
4. Metal Products Market Product Analysis
5. Metal Products Market Supply Chain
......
20. Metal Products Market Competitive Landscape
21. Key Mergers And Acquisitions In The Metal Products Market
22. Market Background: Metal And Mineral Manufacturing Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer

The report covers the trends and market dynamics of the metal products market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the metal products market are Gibraltar Industries; Mueller Industries; The Timken Company; Jiangsu Guotai International; Toyo Seikan.

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

This release was published on openPR.