- FMA
- The Fabricator
- FABTECH
- Canadian Metalworking
Categories
- Additive Manufacturing
- Aluminum Welding
- Arc Welding
- Assembly and Joining
- Automation and Robotics
- Bending and Forming
- Consumables
- Cutting and Weld Prep
- Electric Vehicles
- En Español
- Finishing
- Hydroforming
- Laser Cutting
- Laser Welding
- Machining
- Manufacturing Software
- Materials Handling
- Metals/Materials
- Oxyfuel Cutting
- Plasma Cutting
- Power Tools
- Punching and Other Holemaking
- Roll Forming
- Safety
- Sawing
- Shearing
- Shop Management
- Testing and Measuring
- Tube and Pipe Fabrication
- Tube and Pipe Production
- Waterjet Cutting
Industry Directory
Webcasts
Podcasts
FAB 40
Advertise
Subscribe
Account Login
Search
Global metal/metal manufactured products market to reach $866.6 billion by 2023
- December 14, 2017
- News Release
- Shop Management
According to a new report published by Allied Market Research, "Metal & Metal Manufactured Products Market by Metal Type and Metal Manufactured Products: Global Opportunity Analysis and Industry Forecast, 2017-2023," the global metal and metal manufactured products market was valued at $710.5 billion in 2016 and is projected to reach $866.6 billion by 2023, growing at a CAGR of 2.8 percent 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 and electronics, energy and power, infrastructure, and personal care, drives the growth of the market. Technological advancement and a rise in demand for metals in the automotive industry also support market expansion. A flourishing metal market in developing economies and surge in usage of recycled metal and products also are expected to contribute to market growth, although fluctuation in raw material prices and replacement by substitutes could limit expansion.
To request a sample of the report, visit www.alliedmarketresearch.com/request-sample/4504.
subscribe now
The Fabricator is North America's leading magazine for the metal forming and fabricating industry. The magazine delivers the news, technical articles, and case histories that enable fabricators to do their jobs more efficiently. The Fabricator has served the industry since 1970.
start your free subscription- Stay connected from anywhere
Easily access valuable industry resources now with full access to the digital edition of The Fabricator.
Easily access valuable industry resources now with full access to the digital edition of The Welder.
Easily access valuable industry resources now with full access to the digital edition of The Tube and Pipe Journal.
Easily access valuable industry resources now with full access to the digital edition of The Fabricator en Español.
- Podcasting
- Podcast:
- The Fabricator Podcast
- Published:
- 04/16/2024
- Running Time:
- 63:29
In this episode of The Fabricator Podcast, Caleb Chamberlain, co-founder and CEO of OSH Cut, discusses his company’s...
- Trending Articles
Tips for creating sheet metal tubes with perforations
JM Steel triples capacity for solar energy projects at Pennsylvania facility
Are two heads better than one in fiber laser cutting?
Supporting the metal fabricating industry through FMA
Omco Solar opens second Alabama manufacturing facility
- Industry Events
16th Annual Safety Conference
- April 30 - May 1, 2024
- Elgin,
Pipe and Tube Conference
- May 21 - 22, 2024
- Omaha, NE
World-Class Roll Forming Workshop
- June 5 - 6, 2024
- Louisville, KY
Advanced Laser Application Workshop
- June 25 - 27, 2024
- Novi, MI