Metal Plating & Treating in the US - Industry Market Research Report

Metal Plating & Treating in the US - Industry Market Research Report

  • April 2021 •
  • 51 pages •
  • Report ID: 198419 •
  • Format: PDF
Heavy metal: A growing industrial production index will likely stimulate demand for industry services

Abstract

Metal Plating & Treating in the US
Over the five years to 2019, revenue for the Metal Plating and Treating industry has risen slightly despite uneven demand conditions from the industry’s key end markets. Steel prices, which fell significantly both prior-to and early-during the five-year period, resulted in mixed demand from key downstream customers. While high downstream demand from the Steel Framing industry (IBISWorld report 23812) buoyed revenue for some industry operators, declines in demand from the Steel Rolling and Drawing industry (IBISWorld report 33122) resulted in declining revenue. Amid growth in downstream industries and industrial production, however, industry revenue is expected to increase over the five years to 2024.

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.
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