Table of Contents
No structure: Import penetration will be further encouraged by an appreciating US dollar
Structural Metal Product Manufacturing in the US
Revenue for the Structural Metal Product Manufacturing industry depends principally on the level of activity in downstream markets. Since these markets have grown over the period, industry revenue is expected to rise. The industry's performance is also influenced by movements in the price of metals and import penetration. Metals, such as steel and aluminum, are key inputs in the manufacturing process. Although rising metal prices increase purchase costs, they also boost the value of inventory and raise selling prices. Over the five years to 2021, IBISWorld expects revenue to grow, influenced by accelerating construction markets and volatile steel prices. Still, certain challenges are on the horizon. Import penetration is likely to intensify due to continual overcapacity emanating from China, the largest manufacturer of steel in the world.
Operators in this industry manufacture structural metal products such as reinforcing bars, bar joists, railway bridge sections, dam gates, transmission tower sections and railroad car racks. They also manufacture metal plate work, such as bins, culverts, hoods, ladles and containment vessels, as well as prefabricated metal buildings. The majority of industry products are used in nonresidential building and utility construction.
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.
Prefabricated Home Manufacturing in the US
Sheet Metal, Window & Door Manufacturing in the US
Heating & Air Conditioning Equipment Manufacturing in the US
Ship Building in the US
Boat Building in the US
Wood Product Manufacturing in the US
Boiler & Heat Exchanger Manufacturing in the US
Metal Tank Manufacturing in the US
Aluminium Door and Window Manufacturing in Australia
Sheet Metal Product Manufacturing in Australia
Shipbuilding and Repair Services in Australia
Boatbuilding and Repair Services in Australia
Structural Metal Product Manufacturing in Australia
Structural Steel Fabricating in Australia
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