Press release
Nonferrous Metal Production And Processing Market Size, Status and Global Outlook 2020-2030
The Business Research Company offers "Nonferrous Metal Production And Processing 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 trend s and strategies that players in the market can adopt.The global nonferrous metal production and processing market is expected to decline from $1265.8 billion in 2019 to $1092.2 billion in 2020 at a compound annual growth rate (CAGR) of -13.8%. 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 7% from 2021 and reach $1318.3 billion in 2023.
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The nonferrous metal production and processing market consists of sales of nonferrous metals by entities (organizations, sole traders and partnerships) primarily engaged in smelting ores into nonferrous metals and/or the primary refining of nonferrous metals (except aluminum) by electrolytic methods or other processes.
Global metals companies are adopting and implementing the IoT technology to improve their efficiencies and drive productivity. IoT connects people, machines, and services enabling the flow of information and real-time decisions. IoT technology offers benefits such as increased asset uptime, efficient predictive maintenance and faster processing and delivery time. According to KPMG, 72% executives of global metals companies are willing to invest in IoT technologies . Growing adoption of IoT technology by global metals companies is expected to drive productivity and growth of this industry.
Nonferrous Metal Production And Processing Market Segmentation:
By Type
1. Nonferrous Metal (except Aluminum) Smelting And Refining
2. Copper Rolling
3. Drawing
4. Extruding
5. Alloying
By End User Industry:
1. Automotive
2. Electronic Power
3. Construction
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Nonferrous Metal Production And Processing Market Characteristics
4. Nonferrous Metal Production And Processing Market Product Analysis
5. Nonferrous Metal Production And Processing Market Supply Chain
……
20. Key Mergers And Acquisitions In The Nonferrous Metal Production And Processing Market
21. Market Background: Metal Manufacturing Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer
The report covers the trends and market dynamics of the Nonferrous Metal Production And Processing 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 Nonferrous Metal Production And Processing market are Aluminum Corp. of China Ltd, Vale S.A., Rio Tinto plc, Anglo American plc, BHP Billiton plc
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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.
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