Metal Market, Increase in Demand, Evolving Opportunities, Size, Share And Forecast Report 2023 - 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the metal market report by The Business Research Company, Geopolitical tensions are expected to hurt the metal manufacturing market during the forecast period.

The global metal market grew from $3940.17 billion in 2022 to $4230.27 billion in 2023 at a compound annual growth rate (CAGR) of 7.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The metal market is expected to grow to $5464.83 billion in 2027 at a CAGR of 6.6%.

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https://www.thebusinessresearchcompany.com/report/metal-global-market-report

Major competitors in the metal market include POSCO, Baoshan Iron & Steel Co.Ltd., ArcelorMittal S.A., Nippon Steel & Sumitomo Metal Corporation, Jiangxi Copper Company, JFE Holdings Inc., Glencore International, Hyundai Steel Company, Nucor Corp, and TATA Steel Group.

The metal market is segmented -
• By Type: Iron and Steel Mills and Ferroalloy, Processed Nonferrous Metal, Processed Alumina and Aluminum, Foundries, Steel Products
• By Metal Type: Aluminum, Beryllium, Bismuth, Cadmium, Cerium, Chromium, Cobalt, Other Metal Types
• By End User: Construction, Manufacturing, Other End Users

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Metal refers to any of a group of materials that generate positive ions quickly and form metallic bonds with other anions, distinguished by a high melting point, high density and tensile strength, high light reflectivity, malleability, and ductility, as well as strong electrical and thermal conductivity and widely used in various areas such as heating for homes and offices, electricity, transportation fuel, and the production of plastics.

The Table Of Content For The Metal Market Include:
1. Executive Summary
2. Report Structure
3. Metal Market Characteristics
4. Metal Market Product Analysis
5. Metal Market Supply Chain
……
23. Market Background: Metal And Mineral Manufacturing Market
24. Recommendations
25. Appendix
26. Copyright And Disclaimer

The "Global Metal Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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