Metal Plating & Treating in the US - Industry Market Research Report
Metal Plating & Treating in the US
Over the five years to 2023, revenue for the Metal Plating and Treating industry has fallen, because of uneven demand conditions from automotive and construction markets. Steel prices have been subject to extreme volatility in recent years in line with substantial fluctuations in steel production and demand. Nonetheless, while high downstream demand from the Steel Framing industry (IBISWorld report 23812) buoyed revenue for some industry operators, volatility in demand from the Steel Rolling and Drawing industry (IBISWorld report 33122) hampered revenue growth. Input volatility pressured industry revenue throughout the period, especially during COVID-19. Over the past five years, revenue fell at a CAGR of 0.3% to $33.4 billion, including a decrease of 2.4% in 2023.
This industry includes companies that perform work on metals or metal products. They treat metals (e.g. by applying a coating or engraving), altering not only their surface and appearance, but also their physical and chemical properties. Operators in this industry typically provide services to metal or metal-product manufacturers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
ABOUT THIS INDUSTRY
Industry Definition Main Activities Similar Industries Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary Key External Drivers Current Performance Industry Outlook Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain Products & Services Demand Determinants Major Markets International Trade Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration Key Success Factors Cost Structure Benchmarks Basis of Competition Barriers to Entry Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity Technology & Systems Revenue Volatility Regulation & Policy Industry Assistance