Grinding Machinery Global Market Report 2023 – By Product (Angle Grinders, Bench Grinders, Belt Grinders, Wet Grinders, Die Grinders, Floor Grinders, Surface Grinders, CNC), By Application (Automotive, Transport Machinery, General Machinery, Precision Engineering, Other Applications), By Distribution (Online, Offline) – Market Size, Trends, And Global Forecast 2023-2032

Clay products and refractories refer to types of materials that are heated and then formed into bricks or other shapes for use in industrial applications. Equipment and tools used in clay product manufacturing include crushers, grinders, wire cutters, high-pressure cylinders, rollers, dryers, and burners. The main types of clay products and refractories are pottery, ceramics, plumbing fixtures, clay building material, and refractories. Pottery refers to the process of making vessels out of clay and other ceramic materials. The process of clay products and refractories includes grinding, cutting, mixing, shaping, and honing. The materials used include quartz, chamotte, sand, sawdust, slag, and pulverized coal. These are used in construction, automobiles, steel making, cosmetics, the food industry, and other end users. The global clay products and refractories market is segmented - 1) By Type: Pottery, Ceramics, and Plumbing Fixtures, Clay Building Material and Refractories 2) By Process: Grinding, Cutting, Mixing, Shaping, Honing 3) By Material: Quartz, Chamatte, Sand, Sawdust, Slag, Pulverized Coal 4) By End User Vertical: Construction, Automobiles, Steel Making, Cosmetics, Food Industry, Other End Use Verticals The global clay products and refractories market size grew from $146.68 billion in 2022 to $158.08 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global clay products and refractories is expected to grow to $207.81 billion in 2027 at a CAGR of 7.1%. The growth of the clay product and refractory manufacturing market is aided by stable economic growth forecasted in many developed and developing countries. The International Monetary Fund (IMF) predicts that the global GDP is 3.3% in 2020 and 3.4% in 2021. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Stable economic growth is expected to increase investments in end-user markets, thereby driving the growth of the clay product and refractory manufacturing market during the forecast period. Major companies in the clay products and refractories market include LIXIL Group, Internacional De Cerámica, S.A.B. De C.V, Kyocera Corporation, Compagnie de Saint-Gobain S.A., Mohawk Industries, Inc., RHI Magnesita N.V, The Siam Cement Group Public Company Limited, Imerys S.A, Vesuvius plc, and Corning Incorporated. Major economies globally had positive growth, due to which the interest rates are expected to gradually increase. This will decrease the flow of cheap money that has been available for investment, making it difficult for companies to raise funds. For instance, in August 2021, According to the data by business-standard RBI will hike the interest rates in the first half of 2022. China’s Central Bank also raised the interest rates to limit the flow of capital out of the country. These factors are expected to hurt the clay product and refractory manufacturing market. Many clay product and refractory manufacturing companies are using robotics and automation to improve plant efficiency and productivity. Sensors are being used in various machines to access invaluable data for improving efficiencies and reducing potential breakdowns. For instance, according to a report by Boston Consulting Group (BCG), 1.2 million industrial robots are expected to be deployed by 2025, thus indicating a rise in automation and robotics technology adoption to improve productivity and reduce production costs. The Asia-Pacific was the largest region in the clay products and refractories market share in 2022. Western Europe was the second-largest region in the clay products and refractories market. The regions covered in the global clay products and refractories market analysis report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries in the clay products and refractories market include Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, Vietnam. The clay products and refractories market consists of sales of building brick, paving brick, terra-cotta facing tile, roofing tile, and drainage pipe. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The clay products and refractories market research report is one of a series of new reports from The Business Research Company that provides clay products and refractories market statistics, including clay products and refractories industry global market size, regional shares, competitors with clay products and refractories market share, detailed clay products and refractories market segments, market trends and opportunities, and any further data you may need to thrive in the clay products and refractories industry. This clay products and refractories market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Feed processing equipment is a machine that produces animal feed by processing the raw material. They are used to produce animal feed. The main functions of feed processing equipment are pelleting, mixing, grinding, and extrusion. Extrusion refers to the process of forming something by forcing or pushing it out, mainly through a small opening. The feed types are ruminant feed, poultry feed, swine feed, aquaculture feed, and other feed types. The various applications involved are poultry, pig, ruminant, aqua, and other applications. The global feed processing equipment market is segmented – 1) By Function: Pelleting, Mixing, Grinding, Extrusion 2) By Feed Type: Ruminant Feed, Poultry Feed, Swine Feed, Aquaculture Feed, Other Animal Feed 3) By Application: Poultry, Pig, Ruminant, Aqua, Other Applications The global feed processing equipment market size will grow from $54.93 billion in 2022 to $58.22 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global feed processing equipment is expected to grow to $70.57 billion in 2027 at a CAGR of 4.9%. The growing demand for feed across the globe to meet the needs of the rising livestock population is expected to drive the feed processing equipment market. The rise in livestock population led to an increase in the requirement for feed which in turn is likely to fuel the demand for feed processing equipment. For instance, in October 2022, according to AFIA, a US-based feed industry association, under normal production conditions, DIS calculated the baseline consumption at the start of 2020 at 252.6 million tonnes (excluding forages and roughages), with an estimated value of $66.7 billion. By 2025, the amount of animal food consumed could rise by 2.5% to 254.6 million tonnes, or about $48.8 billion. Major players in the feed processing equipment market are Buhler AG, Clextral, Dinnissen BV, Andritz AG, Bratney Companies, Longchang Machinery, HET Feed Machinery, B.K. Allied Industries, SKIOLD, and ZhengChang. The high operational and maintenance cost of the feed mill is expected to hinder the feed processing equipment market. The cost of establishing a feed mill includes design and development, equipment, installation, operational, and maintenance costs. According to the American Feed Industry Association, engineering and design, equipment and installation, and operation and maintenance cost contribute to about 1%, 15%, and 50% respectively of the total investment over a feed mill’s lifetime. Moreover, electricity and labor require high capital investment making it unaffordable for middle, and low-income producers, thereby acting as a major restraint for market growth. Plant manufacturers are launching revolutionary technology intending to improve the operation, increase efficiency, and set up other equipment to offer an advantage over other machines. In June 2020, Imas, a supplier of milling technology, developed a new type of feed mill with a compact design for the feed industry with a capacity of 2 to 3 tons per hour. In April 2022, an Iceland-based food processing company acquired Wenger Manufacturing for US$540 million. With this acquisition, it gives Marel a platform for investment into fresh, complementary, and promising growth markets. Wenger Manufacturing is a US-based feed processing equipment manufacturing company. The Asia-Pacific was the largest region in the feed processing equipment market in 2022. North America was the second largest region in the global feed processing equipment market share. The regions covered in the global feed processing equipment market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the feed processing equipment market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The feed processing equipment market consists of sales of hammer mills, fine grinders, air classifiers, pellet mills, and extruders. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The feed processing equipment market research report is one of a series of new reports from The Business Research Company that provides feed processing equipment market statistics, including feed processing equipment industry global market size, regional shares, competitors with a feed processing equipment market share, detailed feed processing equipment market segments, market trends and opportunities, and any further data you may need to thrive in the feed processing equipment industry. This feed processing equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Woodworking machines are specially designed machines that are used in workshops to cut, saw, plane, or drill wood for the production of furniture. These machines are primarily powered by electric motors or are mechanical and are widely used in woodworking to provide fine dimensions and shapes. The woodworking machinery converts raw wood materials into structural products including plywood, boards, and beams for use in construction, shipbuilding, furniture, and others. The main types of products in woodworking machinery are thickness planers, grinding machines, chain or chisel mortises, routers, wood lathes, and others. Thickness planers are used to chisel wood from the surface of boards to either make rough surfaces flat and smooth or reduce their thickness. The different operating principles include mechanical, and electrical and are available in both online and offline sales channels. It is implemented in various verticals, including the furniture industry, construction industry, and others. The global woodworking machinery market is segmented – 1) By Product Type: Thickness Planer, Grinding Machines, Chain Or Chisel Mortise, Routers, Wood Lathes, Other Product Types 2) By Operating Principal: Electrical, Mechanical 3) By Sales Channel: Online, Offline 4) By End-User: Furniture Industry, Construction Industry, Other End-Users The global woodworking machinery market size is expected to grow from $28.18 billion in 2022 to $30.32 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of woodworking machinery is expected to reach $39.26 billion in 2027 at a CAGR of 6.7%. The increasing adoption of the automated woodworking machinery market is expected to propel the growth of the woodworking machinery market in the forecast period. The growing emphasis in the industry on assuring flexibility and highly customized goods has resulted in a greater demand for highly specialized woodworking machinery in the manufacturing process. As a result, automation technologies have been integrated into traditional woodworking equipment. For instance, in 2019, Biesse Group, an Italy-based company that provides technologies for processing wood, glass, stone, advanced material, and metal automated its 5-axis heads, a woodworking device on its manufacturing line, to minimize travel period and enhance machine accuracy on production lines. Therefore, the increasing adoption of automated woodworking machinery drives the growth of the woodworking machinery market. Major players in the woodworking machinery market are SCM Group, HOMAG Group, Paolino Bacci, Biesse Group, Michael Weinig AG, Otto Martin Maschinenbau GmbH & Co. KG, Oliver Machinery Co., Holytek Industrial Corp., IMA Schelling Group GmbH, KTCC Woodworking Machinery, Rojek Woodworking Machinery Inc., Cheng Kuang Machinery, Vigano Mario Srl, Linze Woodworking Machinery Co., Daltons Wadkin, Hermance Machine Company, and Rilesa. Technological advancements are shaping the woodworking machinery market. Major companies operating in the woodworking machinery sector are focused on developing technological solutions for woodworking machinery to satisfy the rising market demand. For instance, in April 2020, Walter, a Germany-based machine industry launched Helitronic Raptor Diamond, an eroding and grinding machine. The Helitronic Raptor Diamond is equipped with Fine Pulse Technology. For wood or metal tools, the Helitronic Raptor Diamond offers maximum flexibility. This machine is designed for re-sharpening polycrystalline diamonds. Helitronic Raptor Diamond is not equipped with wheel/electrode changers, robot loaders, or hydraulic tool supports, unlike other machines by Walter. Asia-Pacific was the largest region in the woodworking machinery market in 2022. North America was the second-largest market in the woodworking machinery market share. The regions covered in the woodworking machinery market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the woodworking machinery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The woodworking machinery market consists of sales of surface/thickness planer, tenoning machine, chain/chisel mortiser, jig saw, grinder/grinding machine, and nail gun. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The woodworking machinery market research report is one of a series of new reports from The Business Research Company that provides woodworking machinery market statistics, including woodworking machinery industry global market size, regional shares, competitors with a woodworking machinery market share, detailed woodworking machinery market segments, market trends and opportunities, and any further data you may need to thrive in the woodworking machinery industry. This woodworking machinery global market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Machine tools, also referred to as stationary power-driven equipment, are used to shape or create pieces made of metal or other materials. These are used for cutting, boring, grinding, shearing, and also used for deformations. The main types of machine tools are milling machines, drilling machines, turning machines, grinding machines, electrical discharge machines, and others. The milling machines tools are referred to as multi-purpose machines that can mill and turn materials as well. A milling machine is a circular tool that has several cutting edges symmetrically arranged all over it. This machine is used for flat and irregularly shaped surfaces. These are used to drill, bore, and cut gears. The different automation types include CNC machine tools and conventional machine tools which are distributed by several sales channels, including direct, and indirect. It is employed in various industries such as automotive, aerospace and defense, construction equipment, power and energy, industrial, and others. The global machine tools market is segmented - 1) By Product Type: Milling Machines, Drilling Machines, Turning Machines, Grinding Machines, Electrical Discharge Machines, Other Product Types 2) By Automation Type: CNC Machine Tools, Conventional Machine Tools 3) By Sales Channel: Direct, Indirect 4) By Industry: Automotive, Aerospace and Defense, Construction Equipment, Power and Energy, Industrial, Other Industries The global machine tools market size grew from $87.72 billion in 2022 to $93.41 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The market size of global machine tools market is expected to grow to $112.58 billion in 2027 at a CAGR of 4.8%. The growing manufacturing industry is expected to propel the growth of the machine tools market going forward. Machine tools refer to power devices that are used to process workpieces and act as important equipment in the manufacturing process of mechanical parts. These machines are used for forming, cutting, and joining tools. As a result growth in the manufacturing industry will increase the demand for machine tools. For instance, in September 2021, according to India Brand Equity Foundation (IBEF), an India based government agency, 2021 India received $30 billion worth of foreign direct investments which increased to 15% when compared to previous years and also in the same year, the government approved the production-linked incentive (PLI) scheme worth $3.53 billion for the manufacturing auto industry and drone industry to boost India’s manufacturing capabilities. Therefore, the growing manufacturing industry is driving the growth of the machine tools market. Major players in the machine tools market are Doosan Machine Tools Co. Ltd., Makino, Georg Fischer, JTKET Corporation, Komatsu NTC Ltd., OKUMA Corporation, Hyundai WIA, Chiron Group SE, Haas Automation Inc., Yamazaki Mazak Corporation, Amada Private Limited, MAG IAS GmbH, GROB-WERKE GmbH and Co. KG, Ace Micromatic Group, Spinner Machine Tools, Dalian Machine Tools Group Corporation, and Electronica Hitech Engineering Pvt. Ltd. New product innovations have emerged as the new key trend gaining popularity in the machine tools market. Major companies operating in the machine tools market focused on new product innovations to sustain their position in the market. For instance, in June 2022, LMW Machine Tool Division, an India-based automation machinery manufacturing company, launched 2 new machines – the JG 50 Vertical Machining Center and LF20C Twin G Twin Turret Chucker, and showcased 3 latest machines and machining solutions at INTEC 2022 exhibition held in Coimbatore. The unique features of the JG 50 Vertical Machining Center include very high acceleration of greater than 1G and spindle speed up to 16,000 rpm. LF20C Twin G Twin Turret Chucker has dual spindles and dual turrets which indicate it has 2 CNC Turning Centers combined into one machine. In April 2021, EMAG Group, a Germany-based provider of the latest technological advances to optimize a manufacturing solution for every customer’s requirement acquired Samputensili Machine Tools for an undisclosed amount. With this acquisition, EMAG is broadening its area of technologies by adding gear production processes such as shaving, tooth flank grinding, gear shaping, profile grinding, and generating grinding. Samputensili Machine Tools is an Italy-based company that specializes in producing high-quality gear cutting tools. Asia-Pacific was the largest region in the machine tools market share in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the global machine tools market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the machine tools market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The machine tools market consists of sales of lathes and boring mills, shapers and planers, drilling machines, power saws, and presses. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The machine tools market research report is one of a series of new reports from The Business Research Company that provides machine tools market statistics, including machine tools industry global market size, regional shares, competitors with a machine tools market share, detailed machine tools market segments, market trends and opportunities, and any further data you may need to thrive in the machine tools industry. This machine tools market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The structural steel fabrication refer to a set of activities conducted to convert raw materials into different shapes by steel fabricators. Structural steel fabrication is the process of cutting, bending, shaping, and assembling steel into various structures with predetermined sizes and shapes designed for assembly into buildings, industrial equipment, tools, and various other final products. The main types of services in structural steel fabrication are metal welding, machining, metal forming, metal cutting, metal shearing, metal folding, metal rolling, metal punching, and metal stamping. Metal shearing is a fabrication process used to trim or remove unwanted material from the metal, primarily used for cutting the metal into smaller sizes and different shapes. The various products include carbon steel, alloy steel, stainless steel, tool steel, and others and are used by aerospace, automotive, construction, defense, electronics, energy and power, manufacturing, mining, and others. The global structural steel fabrication market is segmented - 1) By Service: Metal Welding, Machining, Metal Forming, Metal Cutting, Metal Shearing, Metal Folding, Metal Rolling, Metal Punching, Metal Stamping 2) By Product: Carbon Steel, Alloy Steel, Stainless Steel, Tool Steel 3) By End-Users: Aerospace, Automotive, Construction, Defense And Aerospace, Electronics, Energy And Power, Manufacturing, Mining, Other End-Users The global structural steel fabrication market size grew from $142.95 billion in 2022 to $163.16 billion in 2023 at a compound annual growth rate (CAGR) of 14.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of structural steel fabrication market is expected to grow to $245.8 billion in 2027 at a CAGR of 10.8%. The growing construction industry is expected to propel the growth of the structural steel fabrication market going forward. The construction industry is rising as a result of ongoing urbanization, impending infrastructural projects, and a growing population base. The construction sector uses structural steel for a variety of products due to its strength, durability, tensile strength, and low cost. It is the ideal option for designing and fabricating high-rise buildings, residential buildings, bridges, and other structures. For instance, according to the global construction review report published in 2021, construction will be a driving force in global economic growth in the decade to 2030, with output estimated to be 35% greater than in the previous ten years to 2020. Hence, the growing construction industry will drive the growth of the structural steel fabrication market. Major players in the structural steel fabrication market are O'Neal Manufacturing Service, BTD Manufacturing, EVS Metal, Defiance Metal Products, LancerFab Tech Pvt. Ltd., Mayville Engineering Company, Watson Engineering, Tata Steel, Zamil Steel Buildings India Private Limited, Sujana Group, Apex Buildsys Limited, Ironform Holdings Co., Bohai Group, Anyang Group Co. Ltd., Wuhan Group, POSCO, Hebei Group, Baogang Group, Gerdau S.A., JSW Steel, POSCO, Taylor and Watson Ltd., STI Group, Richard L. Sensenig Company, Structural Steelworks & Engineering Ltd., Structural Fabrications Ltd., Lenex Steel, and Steel LLC. The introduction of CNC plasma cutting machines by steel fabricators in their manufacturing plants for precise steel cutting is a major trend gaining popularity in the structural steel fabrication market. In a CNC plasma machine, a plasma cutter is employed to cut thin to thick metals along a multi-axis grid. The CNC technique has an advantage over hand-held plasma cutting devices since the cut is programmed and controlled by a computer rather than human actions. For instance, in April 2021, Salasar Techno Engineering, an India-based company that provides steel fabrication, opened a new structural steel fabrication plant in Uttar Pradesh, India. Salasar's new facility includes high-precision robotic multi-torch CNC plasma cutting equipment. The facility will fabricate heavy structural steel for power plants, metro stations, bridges, PEB buildings, warehouses, airport hangers, high-rise buildings, and process plants. In June 2021, DBM Global Inc., a US-based infrastructure company, acquired Banker Steel Holdco LLC for an undisclosed amount. The acquisition of Banker Steel will significantly improve DBM's capacity to capitalize on significant infrastructure and commercial possibilities in America. Banker Steel Holdco LLC is a US-based producer of fabricated structural steel components for infrastructure and commercial projects. Asia-Pacific was the largest region in the structural steel fabrication market share in 2022. The regions covered in the global structural steel fabrication idustry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the structural steel fabrication market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The structural steel fabrication market includes revenues earned by entities by providing fabrication services and related products. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The structural steel fabrication research report is one of a series of new reports from The Business Research Company that provides structural steel fabrication statistics, including structural steel fabrication industry global market size, regional shares, competitors with structural steel fabrication share, detailed structural steel fabrication segments, market trends and opportunities, and any further data you may need to thrive in the structural steel fabrication industry. This structural steel fabrication research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Metal products refer to a type of product that has properties including a high melting point, high density and tensile strength, high light reflectivity, malleability, and ductility, as well as strong electrical and thermal conductivity, and is generally formed by processes including turning, drilling, milling, shaping, planing, broaching, and sawing. The main types of metal products are forged and stamped goods, cutlery and hand tools, architectural and structural metals, boiler, tank, and shipping container, hardware, spring and wire products, machine shops, turned product, and screw, nut, and bolt, coated, engraved, and heat-treated metal products, metal valves, and other fabricated metal products. The spring and wire refer to the metal products that are used in home bedding and seating. The metal types are aluminium, beryllium, bismuth, cadmium, cerium, chromium, cobalt, and other metal types. These are used in construction, manufacturing, and other end users. The global metal products market is segmented - 1) By Type: Forged and Stamped Goods, Cutlery and Hand Tools, Architectural and Structural Metals, Boiler, Tank, and Shipping Container, Hardware, Spring and Wire Products, Machine Shops, Turned Product, and Screw, Nut, and Bolt, Coated, Engraved, and Heat Treated Metal Products, Metal Valves, Other Fabricated Metal Products 2) By Metal Type: Aluminum, Beryllium, Bismuth, Cadmium, Cerium, Chromium, Cobalt, Other Metal Types 3) By End User: Construction, Manufacturing, Other End Users Subsegments Covered: Iron and Steel Forged Goods, Nonferrous Forged Goods, Custom Roll Formed Goods, Powder Metallurgy Parts, Metal Crown, Closure, and Other Metal Stamped Goods, Metal Kitchen Cookware, Utensil, Cutlery, and Flatware, Saw Blade and Hand tool, Plate Work and Fabricated Structural Products, Ornamental and Architectural Metal Products, Power Boiler and Heat Exchanger, Metal Tank (Heavy Gauge), Metal Can, Box, and Other Metal Container (Light Gauge), Furniture Hardware, Motor Vehicle Hardware, Builder's Hardware, Other Hardware, Springs, Other Fabricated Wire Products, Machine Shops, Turned Product and Screw, Nut, and Bolt, Heat Treated Metal Products, Coated, Engraved Metal Products and Allied Services to Manufacturers, Electroplated, Plated, Polished, Anodized, and Colored Metal Products, Industrial Valves, Fluid Power Valve and Hose Fitting, Plumbing Fixture Fitting and Trim, Other Metal Valve and Pipe Fitting, Ball and Roller Bearing, Fabricated Pipe and Pipe Fitting, All Other Miscellaneous Fabricated Metal Products. The global metal products market size grew from $2632.6 billion in 2022 to $2851.45 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global metal products market is expected to grow to $3807.64 billion in 2027 at a CAGR of 7.5%. The metal products market has benefitted from the rapid growth in the automotive industry during the historic period. For instance, steel, aluminium and magnesium are some of the metals commonly used in the automotive industry for manufacturing body panels, engines, transmissions and numerous other parts. For instance, according to the India brand equity foundation, automobiles production increased at 2.36% CAGR between FY20 with 26.36 million vehicles being manufactured in the country. The net domestic automobiles sales increased at 1.29% CAGR in FY20 with 21.55 million vehicles that have been sold. Therefore, the rise in demand for automobiles during this period positively impacted the growth of the metal products manufacturing market. Major companies in the metal products market include Stanley Black & Decker Inc., Ball Corporation, Berkshire Hathaway Inc., Techtronic Industries Co. Ltd., Parker-Hannifin Corporation, ArcelorMittal S.A, Assa Abloy AB, China International Marine Containers Group) Ltd., General Electric Company, and Procter & Gamble. Many developed and developing economies are considering imposing restrictions on free trade. Post-Brexit, trade restrictions between the UK and other European countries are likely to increase. The US government has repealed the North American Free Trade Agreement (NAFTA) that created a trilateral trade bloc in North America. These changes can widen the trade competition between countries and reverse the trend towards global free trade. This will affect the demand for metal products, restricting the growth of the market. Many metal products companies are using robotics and automation to improve plant efficiency and productivity. Sensors are being used in various machines to access invaluable data for improving efficiencies and reducing potential breakdowns. For instance, according to a report by Boston Consulting Group (BCG), 1.2 million industrial robots are expected to be deployed by 2025, thus indicating a rise in automation and robotics technology adoption to improve productivity and reduce production costs. According to the KPMG report, 16% of executives of global metals companies have already invested in robotics for metal manufacturing, 31% of executives have set plans to possibly invest in robotics for new technology and opportunities, and 42% are willing to invest in robotics shortly. Additionally, the report states, 63% of the executives of metal manufacturing companies are considering investing in automation. Examples of companies offering industrial robots to metals companies include FANUC, KUKA, ABB, and Motoman. The Asia-Pacific was the largest region in the metal products market share in 2022. Western Europe was the second-largest region in the metal products market. The regions covered in the global metal products industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the metal products market include Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, Vietnam. The metal products market consists of sales of bars, rods, bolts, pipe fittings, and automotive parts. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The metal products market research report is one of a series of new reports from The Business Research Company that provides metal products market statistics, including metal products industry global market size, regional shares, competitors with a metal products market share, detailed metal products market segments, market trends and opportunities, and any further data you may need to thrive in the metal products industry. This metal products market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The metals manufacturing market consists of sales of metals by entities ((organizations, sole traders and partnerships) that operate iron and steel foundries, iron and steel mills, and/or ferroalloy manufacturing businesses, and/or entities that undertake alumina and aluminium production and processing. The main types of metal manufacturing are iron and steel mills and ferroalloy manufacturing, nonferrous metal production and processing, alumina and aluminium production and processing, foundries, and steel product manufacturing. Steel product manufacturing refers to the products rolled, formed, shaped, drawn, extruded, forged, cast, fabricated or processed, or processed by a combination of two or more or such operations, from steel made by the open heath, basic oxygen, electric furnace, Bessemer or other steel making process. The metal types are aluminium, beryllium, bismuth, cadmium, cerium, chromium, cobalt, and other metal types. The various end-users involved are construction, manufacturing, and others. The global metal manufacturing market size is expected to grow from $3,023.2 billion in 2021 to $3,425 billion in 2022 at a compound annual growth rate (CAGR) of 13.3%. The global metal manufacturing market size is expected to grow to $4,542.55 billion in 2026 at a CAGR of 7.3%. Industrial robotics is gaining traction among companies in the metals industry. This is mainly because industrial robotics aids companies in reducing labour costs, improving workplace safety, and driving productivity and efficiency. Industrial robots have widespread applications in the metals industry performing tasks such as material handling, arc welding, spot welding, cutting, and press tending. According to a KPMG report, 42% of executives of global metals companies are willing to invest significantly in robotics. Examples of companies offering industrial robots to metals companies include FANUC, KUKA, ABB, and Motoman. Major players in the metals manufacturing market are Arcelor Mittal, POSCO, Nippon Steel & Sumitomo Metal, JFE, and TATA Steel Group. Asia Pacific was the largest region in the metal manufacturing market in 2021. Western Europe was the second-largest region in the global metal manufacturing market. The regions covered in the global metal manufacturing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the metal manufacturing market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, Vietnam. The global metal manufacturing market is segmented - 1) By Type: Iron and Steel Mills and Ferroalloy Manufacturing, Nonferrous Metal Production and Processing, Alumina and Aluminum Production and Processing, Foundries, Steel Product Manufacturing 2) By Metal Type: Aluminum, Beryllium, Bismuth, Cadmium, Cerium, Chromium, Cobalt, Others 3) By End-User: Construction, Manufacturing, Others Subsegments Covered: Crude Steel, Pig Iron, Ferroalloys, Nonferrous Metal (except Aluminum) Smelting and Refining, Copper Rolling, Drawing, Extruding, and Alloying, Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding, Secondary Smelting, Refining, and Alloying of Nonferrous Metal (except Copper and Aluminum), Aluminum Product Manufacturing from Purchased Aluminum, Secondary Smelting and Alloying of Aluminum, Alumina Refining and Primary Aluminum Production, Ferrous Metal Foundries, Nonferrous Metal Foundries, Iron and Steel Pipe and Tube Manufacturing, Rolling and Drawing