Emerging Trends in Metal & Metal Manufactured Products Market

1
Opportunity Analysis and Industry Forecast,
2016-2023
2
Introduction of Metal Metal Manufactured
Products Market
The global metal metal manufactured products
market was valued at 710,531 million in 2016,
and is projected to reach 866,605 million by
2023, growing at a CAGR of 2.8 from 2017 to
2023. The iron metal segment occupied a
significant share of the global market in
2016. Increase in demand from various end-use
sectors, such as aviation, healthcare,
electrical electronics, energy power,
infrastructure, personal care, and others drives
the growth of the market. Apart from that,
technological advancement and rise in demand for
metals in automotive industry are some other
factors that support the expansion of the market.
However, fluctuation in raw material prices and
replacement by substitutes are expected to limit
the market growth. Flourishing metal market in
developing economies and surge in usage of
recycled metal products is anticipated to
provide numerous opportunities to the market.
3
Introduction of Metal Metal Manufactured
Products Market
Scope of
the Report
Key Benefits Key Audiences
4
 
Key Benefits

• Asia-Pacific was the dominant region occupying
  nearly 50 share of the market in 2016 in terms
  of value.
• Pipe fixtures fittings is the fastest growing
  product segment with 3.3 CAGR in value terms
  during analysis period.
• LAMEA is one of the fastest growing region of the
  global market with CAGR of 2.9 in value terms in
  the forecast period.
• Aluminum metal was one of the major segment of
  the market in 2016 and is anticipated to grow at
  the significant CAGR of 4.5 in value terms
  during the analysis period.
• Jewelry ornament is second fastest growing
  segment with a significant CAGR of 3.1 during
  the analysis period.

5
 
Table of Content (TOC)
Chapter 1 Introduction Chapter 2 Executive
Summary Chapter 3 Market Overview Chapter 4
Metal Metal Manufactured Product Market, By
Metal Type Chapter 5 Metal Metal Manufactured
Products Market, By Product Chapter 6 Metal
Metal Manufactured Products Market, By Geography
6
 
Segments Metal Metal Manufactured Products
Market
7
 
Segments Metal Metal Manufactured Products
Market
8
 
Segments Metal Metal Manufactured Products
Market
Metal related products are being largely
employed in various sectors such as agriculture,
electrical electronics, infrastructure,
automobile, chemical power plants, packaging,
and others. Moreover, metals mining
organizations are more concentrated on expanding
their already existing markets as well as product
lines and entering untapped regions.
Yashwant Sahu Team Lead, Chemicals Materials
at AMR
9

Segments Metal Metal Manufactured Products
Market
Metal related products applications are
increasing continuously across various end-user
industries due to their superior weight to
strength ratio, rigidity, rise in price
competence, high conductivity, formability, heat
resistance, and corrosion resistance. At present,
these are employed in various sectors such as
electrical electronics, engineering,
infrastructure, automobile automobile
components, building construction, chemical
power plants, packaging, and others. This is
attributed to high growth rates associated with
the abovementioned industries ongoing RD on
mining processing methods of metal or related
products and rise in the new applications
majorly in medical, energy power, automotive,
and aerospace arenas. Upsurge in disposable
income of the middle class population and rapid
urbanization are anticipated to require
substantial investments in transport and
infrastructure development, which will in return
will boost the demand for metal metal
manufactured products in different developing
countries. In addition, stringent vehicle
emission norms and increase in use of aluminum as
a lightweight cheaper substitute in power
transmission distribution supplement the market
growth.
10
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