Metal Plating & Treating in Canada - Industry Market Research Report

Metal Plating & Treating in Canada - Industry Market Research Report

  • November 2020 •
  • 45 pages •
  • Report ID: 4564078 •
  • Format: PDF
Heavy metal: Forecast growth in the manufacturing sector is expected to sustain demand for metal-treating services

Abstract

Metal Plating & Treating in Canada
Over the five years to 2019, the Metal Plating and Treating industry in Canada declined marginally despite expanding manufacturing and construction activities. This industry provides services to fabricated metal product manufacturers, such as structural steel, steel sheet and steel coil manufacturers. The industry contended with the countervailing forces of rising nonresidential construction, floundering residential construction and weakened demand during the current period. Particularly, the industry remains threatened by outsourced services to metal treating companies located in countries with low labour costs. Over the five years to 2024, this industry is projected to remain steady as demand from most manufacturing and construction sectors hold their current patterns, buoying revenue to an extent. Construction is anticipated to grow, leading to consistent demand for zinc-coating services.

The Metal Plating and Treating industry in Canada provides coating, engraving, heat-treating and metal processing services. Other activities include tempering, brazing, plating, polishing, sand blasting and colouring metals.

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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