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Understanding the metal & metal manufactured products market

Understanding the metal & metal manufactured products market

Metals & metal manufactured products are the most valuable commodities, which are employed in a wide range of industries such as construction, aviation & automobile, electrical & electronics, jewelries, and others.

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Various metals are extracted via mining from their particular ores present in the earth’s crust and can be categorized into ferrous and nonferrous metals based on their iron composition.

Metals are further processed via casting, forming, or joining methods to form metal manufactured products such as wire & cable, jewelry & ornaments, bars, sheets, rolls, pipes, fixtures & fittings, rebar, molded components, and others.

The growth of the global metal & metal manufactured products market is majorly driven by increase in demand from various end-use sectors, such as & aviation, healthcare, electrical & electronics, energy & power, infrastructure, personal care, and others.

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Moreover, technological advancements and surge in demand for metals & metal manufactured products from the automotive industry are other factors supporting the expansion of the global market. However, volatility in raw material prices and increase in competition from substitutes are anticipated to hamper the market growth during the analysis period.

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Conversely, rise in demand for metals in emerging economies and increase in use of recycled metal & related products are the factors representing great opportunities for the growth of the market.

The report segments the global metal & metal manufactured products market based on metal type, product, and geography. By metal type, the market is categorized into aluminum, beryllium, bismuth, cadmium, cerium, chromium, cobalt, gold, indium, iron, lead, lithium, magnesium, manganese, mercury, and molybdenum.

On the basis of metal manufactured product type, it is fragmented into wires & cables, jewelry & ornaments, electrical & electronics, bars, sheets, rolls, pipe fixture & fittings, pipes, molded components, rebar, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Comprehensive competitive analysis and profiles of major market players (manufacturers and key users of metal & related products) in each country is detailed thoroughly in the report.

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KEY BENEFITS FOR STAKEHOLDERS

  • This report provides an extensive analysis of the current trends and emerging estimations & dynamics in the global metal & metal manufactured products market from 2017 to 2023, in terms of value and volume.
  • Detailed analysis of the market by type helps to understand the various types of metals & related products that are currently in use, along with the variants that are expected to gain prominence in the future.
  • Porter’s Five Forces analysis highlights the potency of buyers and suppliers to offer a competitive advantage to stakeholders to make profit-oriented business decisions and help strengthen their supplier and buyer network.
  • Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.

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