Press release
Global Coated Engraved And Heat Treated Metal Products Market Outlook - Industry Overview, Demand And Forecast 2023-2032 | Bodycote plc, Valmont Industries Inc., Voestalpine AG, Womble Company Inc., and NCI Building Systems Inc.
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Coated Engraved And Heat Treated Metal Products Global Market Report 2023 identifies coating, engraving, heat treating, and allied activities as the major driver for the Coated Engraved And Heat Treated Metal Products market's growth in the forecast period. For instance, steel, aluminium, and magnesium are some of the metals commonly used in the automotive industry for manufacturing body panels, engines, transmissions, and numerous other parts. For instance, according to the India brand equity foundation, automobiles production increased at 2.36% CAGR between FY20 with 26.36 million vehicles being manufactured in the country.
The global coated, engraved, and heat treated metal products market grew from $199.13 billion in 2022 to $216.44 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. 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 coated, engraved, and heat treated metal products market is expected to grow to $291.53 billion in 2027 at a CAGR of 7.7%.
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Major competitors in the Coated Engraved And Heat Treated Metal Products market are Bodycote plc, Valmont Industries Inc., Voestalpine AG, Womble Company Inc., and NCI Building Systems Inc.
A key trend in the Coated Engraved And Heat Treated Metal Products market includes developing economies. Post-Brexit, trade restrictions between the UK and other European countries are likely to increase. The US government has repealed the North American Free Trade Agreement (NAFTA) that created a trilateral trade bloc in North America. These changes can widen the trade competition between countries and reverse the trend towards global free trade. This will affect the demand for metal products, restricting the growth of the coating, engraving, heat treating, and allied activities market.
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The Coated Engraved And Heat Treated Metal Products market is segmented -
1. By Type: Heat Treated Metal Products, Coated, Engraved Metal Products and Allied Services to Manufacturers, Electroplated, Plated, Polished, Anodized, and Colored Metal Products.
2. By Treatment: Spheroidizing, Stress Relieving, Quenching and Tempering, Normalizing
3. By Application: Manufacturing, Automotive, Other Applications
4. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Coated Engraved And Heat Treated Metal Products market.
The Business Research Company's "Global Coated Engraved And Heat Treated Metal Products Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Coated Engraved And Heat Treated Metal Products Market Include:
1. Executive Summary
2. Report Structure
3. Coated; Engraved; And Heat Treated Metal Products Market Characteristics
4. Coated; Engraved; And Heat Treated Metal Products Market Product Analysis
5. Coated; Engraved; And Heat Treated Metal Products Market Supply Chain
……
22. Key Mergers And Acquisitions In The Coated; Engraved; And Heat Treated Metal Products Market
23. Market Background: Metal Products Market
24. Recommendations
25. Appendix
26. Copyright And Disclaimer
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