Metal & Metal Manufactured Products Market Growth 2024 | Demand and Forecast 2028

Written by Marcel MarcelMikaelson  »  Updated on: January 03rd, 2024

Metal & Metal Manufactured Products Market Growth 2024 | Demand and Forecast 2028

IMARC Group, a leading market research company, has recently releases report titled, “Metal & Metal Manufactured Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2028“, The study provides a detailed analysis of the industry, including the global metal & metal manufactured products market growth, size, share and trends forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the metal & metal manufactured products market?

The global metal & metal manufactured products market size reached US$ 12.57 Trillion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.34 Trillion by 2028, exhibiting a growth rate (CAGR) of 5.42% during 2024-2028.

What is metal & metal manufactured products?

Metal is a naturally occurring inorganic substance that is commonly found either in its elemental form or as ores within the Earth's crust. It encompasses a wide range of elements such as silver, copper, platinum, iron, gold, cobalt, zinc, sodium, potassium, and calcium. On the other hand, metal-manufactured products are created through various processes including forging, stamping, welding, bending, machining, notching, and shearing, which involve cutting and shaping metals. These products have diverse applications and are utilized in various industries such as cutlery, windows, doors, pipes, structural materials, tools, bolts, cans, electronic appliances, vehicle parts, and surgical equipment. Metals offer ecological advantages, possess exceptional strength and durability, exhibit lustrous and opaque properties, are cost-effective, and demonstrate excellent electrical and thermal conductivity. Moreover, they are easy to reuse, recycle, and process. Consequently, metal and metal-manufactured products are widely employed across multiple sectors including manufacturing, healthcare, electronics, automotive, power generation, aerospace, and defense.

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What are the growth prospects and trends in the metal & metal manufactured products industry?

The metal and metal-manufactured products market is primarily propelled by their increasing utilization in the automotive industry. These products offer rigidity, strength, and the ability to be molded into complex designs, thus improving vehicle safety, reducing maintenance costs, and enhancing performance. They are extensively employed in engine parts, transmission components, frames, reflectors, axles, suspension systems, body panels, wheels, and doors. Furthermore, the growing adoption of lightweight metals in vehicle production to enhance structural efficiency, reduce emissions, and improve overall economies is contributing to market expansion. Additionally, the emergence of three-dimensional (3D) printing technology allows for design freedom, cost-effective production, improved efficiency, and enhanced performance and strength, thereby driving market growth. Moreover, there is a rising demand for metal products in the aerospace and defense sector for the manufacturing of satellites, helicopters, tanks, space shuttles, rockets, drones, and aircraft, further bolstering market growth. The construction and healthcare industries are also experiencing significant expansion, leading to increased demand for metal products, while substantial investments in infrastructure development activities further propel market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

Product Type Insights:

  • Wires and Cables
  • Jewelry and Ornaments
  • Bars and Rebars
  • Sheets
  • Rolls
  • Pipe Fixtures and Fittings
  • Pipes
  • Molded Components
  • Batteries
  • Paints and Coatings
  • Others

Metal Type Insights:

  • Lithium
  • Magnesium
  • Aluminum
  • Chromium
  • Manganese
  • Iron
  • Cobalt
  • Copper
  • Zinc
  • Molybdenum
  • Silver
  • Others

End Use Industry Insights:

  • Automotive and Transportation
  • Aerospace and Defense
  • Marine
  • Consumer Goods
  • Electrical and Electronics
  • Manufacturing
  • Energy and Power
  • Construction
  • Packaging
  • Pharmaceuticals
  • Others

Breakup by Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • All Metal Sales Inc.
  • Anglo American plc
  • Asarco LLC (Americas Mining Corporation)
  • Broder Metals Group Ltd.
  • CMOC Group Limited
  • Hochschild Mining plc
  • Indium Corporation
  • Interstate Metal Inc.
  • Newmont Corporation
  • Proterial Ltd.
  • Rio Tinto Group (Rio Tinto International Holdings Limited)
  • Sierra Metals Inc.
  • Talco Aluminium Company, etc.

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Table of Contents:

1 Preface

2 Scope and Methodology

    2.1 Objectives of the Study

    2.2 Stakeholders

    2.3 Data Sources

        2.3.1 Primary Sources

        2.3.2 Secondary Sources

    2.4 Market Estimation

        2.4.1 Bottom-Up Approach

        2.4.2 Top-Down Approach

    2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

    4.1 Overview

    4.2 Key Industry Trends

5 Global Metal & Metal Manufactured Products Market

    5.1 Market Overview

    5.2 Market Performance

    5.3 Impact of COVID-19

    5.4 Market Forecast

6 Market Breakup by Product Type

    6.1 Wires and Cables

        6.1.1 Market Trends

        6.1.2 Market Forecast

    6.2 Jewelry and Ornaments

        6.2.1 Market Trends

        6.2.2 Market Forecast

    6.3 Bars and Rebar

        6.3.1 Market Trends

        6.3.2 Market Forecast

    6.4 Sheets

        6.4.1 Market Trends

        6.4.2 Market Forecast

    6.5 Rolls

        6.5.1 Market Trends

        6.5.2 Market Forecast

    6.6 Pipe Fixtures and Fittings

        6.6.1 Market Trends

        6.6.2 Market Forecast

    6.7 Pipes

        6.7.1 Market Trends

        6.7.2 Market Forecast

    6.8 Molded Components

        6.8.1 Market Trends

        6.8.2 Market Forecast

    6.9 Batteries

        6.9.1 Market Trends

        6.9.2 Market Forecast

    6.10 Paints and Coatings

        6.10.1 Market Trends

        6.10.2 Market Forecast

    6.11 Others

        6.11.1 Market Trends

        6.11.2 Market Forecast

7 Market Breakup by Metal Type

    7.1 Lithium

        7.1.1 Market Trends

        7.1.2 Market Forecast

    7.2 Magnesium

        7.2.1 Market Trends

        7.2.2 Market Forecast

    7.3 Aluminum

        7.3.1 Market Trends

        7.3.2 Market Forecast

    7.4 Chromium

        7.4.1 Market Trends

        7.4.2 Market Forecast

    7.5 Manganese

        7.5.1 Market Trends

        7.5.2 Market Forecast

    7.6 Iron

        7.6.1 Market Trends

        7.6.2 Market Forecast

    7.7 Cobalt

        7.7.1 Market Trends

        7.7.2 Market Forecast

    7.8 Copper

        7.8.1 Market Trends

        7.8.2 Market Forecast

    7.9 Zinc

        7.9.1 Market Trends

        7.9.2 Market Forecast

    7.10 Molybdenum

        7.10.1 Market Trends

        7.10.2 Market Forecast

    7.11 Silver

        7.11.1 Market Trends

        7.11.2 Market Forecast

    7.12 Others

        7.12.1 Market Trends

        7.12.2 Market Forecast

8 Market Breakup by End Use Industry

    8.1 Automotive and Transportation

        8.1.1 Market Trends

        8.1.2 Market Forecast

    8.2 Aerospace and Defense

        8.2.1 Market Trends

        8.2.2 Market Forecast

    8.3 Marine

        8.3.1 Market Trends

        8.3.2 Market Forecast

    8.4 Consumer Goods

        8.4.1 Market Trends

        8.4.2 Market Forecast

    8.5 Electrical and Electronics

        8.5.1 Market Trends

        8.5.2 Market Forecast

    8.6 Manufacturing

        8.6.1 Market Trends

        8.6.2 Market Forecast

    8.7 Energy and Power

        8.7.1 Market Trends

        8.7.2 Market Forecast

    8.8 Construction

        8.8.1 Market Trends

        8.8.2 Market Forecast

    8.9 Packaging

        8.9.1 Market Trends

        8.9.2 Market Forecast

    8.10 Pharmaceuticals

        8.10.1 Market Trends

        8.10.2 Market Forecast

    8.11 Others

        8.11.1 Market Trends

        8.11.2 Market Forecast

9 Market Breakup by Region

    9.1 North America

        9.1.1 United States

           9.1.1.1 Market Trends

           9.1.1.2 Market Forecast

        9.1.2 Canada

           9.1.2.1 Market Trends

           9.1.2.2 Market Forecast

    9.2 Asia-Pacific

        9.2.1 China

           9.2.1.1 Market Trends

           9.2.1.2 Market Forecast

        9.2.2 Japan

           9.2.2.1 Market Trends

           9.2.2.2 Market Forecast

        9.2.3 India

           9.2.3.1 Market Trends

           9.2.3.2 Market Forecast

        9.2.4 South Korea

           9.2.4.1 Market Trends

           9.2.4.2 Market Forecast

        9.2.5 Australia

           9.2.5.1 Market Trends

           9.2.5.2 Market Forecast

        9.2.6 Indonesia

           9.2.6.1 Market Trends

           9.2.6.2 Market Forecast

        9.2.7 Others

           9.2.7.1 Market Trends

           9.2.7.2 Market Forecast

    9.3 Europe

        9.3.1 Germany

           9.3.1.1 Market Trends

           9.3.1.2 Market Forecast

        9.3.2 France

           9.3.2.1 Market Trends

           9.3.2.2 Market Forecast

        9.3.3 United Kingdom

           9.3.3.1 Market Trends

           9.3.3.2 Market Forecast

        9.3.4 Italy

           9.3.4.1 Market Trends

           9.3.4.2 Market Forecast

        9.3.5 Spain

           9.3.5.1 Market Trends

           9.3.5.2 Market Forecast

        9.3.6 Russia

           9.3.6.1 Market Trends

           9.3.6.2 Market Forecast

        9.3.7 Others

           9.3.7.1 Market Trends

           9.3.7.2 Market Forecast

    9.4 Latin America

        9.4.1 Brazil

           9.4.1.1 Market Trends

           9.4.1.2 Market Forecast

        9.4.2 Mexico

           9.4.2.1 Market Trends

           9.4.2.2 Market Forecast

        9.4.3 Others

           9.4.3.1 Market Trends

           9.4.3.2 Market Forecast

    9.5 Middle East and Africa

        9.5.1 Market Trends

        9.5.2 Market Breakup by Country

        9.5.3 Market Forecast

10 Drivers, Restraints, and Opportunities

    10.1 Overview

    10.2 Drivers

    10.3 Restraints

    10.4 Opportunities

11 Value Chain Analysis

12 Porters Five Forces Analysis

    12.1 Overview

    12.2 Bargaining Power of Buyers

    12.3 Bargaining Power of Suppliers

    12.4 Degree of Competition

    12.5 Threat of New Entrants

    12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

    14.1 Market Structure

    14.2 Key Players

    14.3 Profiles of Key Players

        14.3.1 All Metal Sales Inc.

           14.3.1.1 Company Overview

           14.3.1.2 Product Portfolio

        14.3.2 Anglo American plc

           14.3.2.1 Company Overview

           14.3.2.2 Product Portfolio

           14.3.2.3 Financials

           14.3.2.4 SWOT Analysis

        14.3.3 Asarco LLC (Americas Mining Corporation)

           14.3.3.1 Company Overview

           14.3.3.2 Product Portfolio

           14.3.3.3 SWOT Analysis

        14.3.4 Broder Metals Group Ltd.

           14.3.4.1 Company Overview

           14.3.4.2 Product Portfolio

        14.3.5 CMOC Group Limited

           14.3.5.1 Company Overview

           14.3.5.2 Product Portfolio

           14.3.5.3 Financials

        14.3.6 Hochschild Mining plc

           14.3.6.1 Company Overview

           14.3.6.2 Product Portfolio

           14.3.6.3 Financials

           14.3.6.4 SWOT Analysis

        14.3.7 Indium Corporation

           14.3.7.1 Company Overview

           14.3.7.2 Product Portfolio

        14.3.8 Interstate Metal Inc.

           14.3.8.1 Company Overview

           14.3.8.2 Product Portfolio

        14.3.9 Newmont Corporation

           14.3.9.1 Company Overview

           14.3.9.2 Product Portfolio

           14.3.9.3 Financials

           14.3.9.4 SWOT Analysis

        14.3.10 Proterial Ltd.

           14.3.10.1 Company Overview

           14.3.10.2 Product Portfolio

        14.3.11 Rio Tinto Group (Rio Tinto International Holdings Limited)

           14.3.11.1 Company Overview

           14.3.11.2 Product Portfolio

           14.3.11.3 Financials

           14.3.11.4 SWOT Analysis

        14.3.12 Sierra Metals Inc.

           14.3.12.1 Company Overview

           14.3.12.2 Product Portfolio

           14.3.12.3 Financials

        14.3.13 Talco Aluminium Company

           14.3.13.1 Company Overview

           14.3.13.2 Product Portfolio

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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