Report Id: SNS/C&M/1474 | May 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Sheet Metal Market was valued at USD 319.66 billion in 2022 and USD 465.13 billion in 2030, with a CAGR of 4.8% predicted from 2023 to 2030. Sheet metal is a type of metal that is made using industrial techniques to turn metal into thin, flat sheets. Sheet metal may be easily cut or bent into a variety of sizes and forms to meet the needs of the customer. Sheet metals are used to make a variety of massive equipment, including pipe and automobile bodies.
Leaf or foil is another name for incredibly thin sheet metal. Tin, nickel, copper, steel, aluminium, and brass are some of the metals that can be used to make sheet metal. Sheet metal is available in a wide range of shapes, patterns, and materials. Plates are made of sheet metal with a thickness greater than 6 mm.
Market dynamics:
Drivers
Building and construction industry
Transportation systems.
Use in multiple end-use industries.
Opportunities
Carbon fiber composites.
Challenges
Operational Efficiency.
Significant Savings
Restraints
Availability of carbon fiber composites.
Require heavy machine.
Impact of COVID-19 Analysis
The COVID outbreak had a significant impact on the production and manufacturing divisions. There was significant economic and labour loss. Lockdown and shutdown had a significant impact on production since they caused the units to stop down. For the safety of the people around the country, the government has enforced certain requirements.
Key Players
All Metals Fabricating, Inc., Inc., Classic Sheet Metal, Inc., Ironform Corporation, Kapco Metal Stamping, Marlin Steel Wire Products LLC, Mayville Engineering Company, Inc., Metcam, Inc., Moreng Metal Products, Inc., Noble Industries, Inc., O’Neal Manufacturing Services., Osh Cut LLC, Ryerson Holding Corporation, Standard Iron & Wire Works, Inc., The Metalworking Group, BTD Manufacturing, Dynamic Aerospace and Defense Group (Hydram Engineering), Marlin Steel Wire Products LLC, Noble Industries Inc., and Others.
Market Segmentation:
By Form
Bend Sheet
Punch Sheet
Cut Sheet
Other
By Material Type
Stainless steel
Aluminum
Brass
Tin
Titanium
Zinc
Others
By Thickness
< 1 mm
1-6 mm
> 6mm
By Application
Automotive & Transportation
Building & Construction
Industrial Machinery
Oil & Gas
Commercial
Others
Regional Analysis
Asia Pacific, Europe, North America, Latin America, and the Middle East and Africa are all included in the market. During the market forecast period, the Asia Pacific region is predicted to be the largest and fastest-growing market. Industrialization and urbanisation are driving market expansion. The enormous rise in people increases sheet production and manufacturing. During the projection period, Europe is expected to hold the second-largest sheet metal market share. This European region is reported to be in high demand due to its large-scale vehicle manufacture, which leads to an increase in metal sheet usage.
REGIONAL COVERAGE
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Report Attributes | Details |
---|---|
Market Size in 2022 | US$ 319.66 Billion |
Market Size by 2030 | US$ 465.13 Billion |
CAGR | CAGR of 4.8% From 2023 to 2030 |
Base Year | 2021 |
Forecast Period | 2023-2030 |
Historical Data | 2020-2021 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By form (Bend Sheet , Punch Sheet, Cut Sheet, Other Forms) • By material type (Stainless steel, Aluminum, Brass, Tin Titanium, Zinc, Others) • By thickness (< 1> 6mm) • By Application (Automotive & Transportation, Building & Construction, Industrial Machinery, Oil & Gas, Commercial, Others) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | Fabricating, Inc., Inc., Classic Sheet Metal, Inc., Ironform Corporation, Kapco Metal Stamping, Marlin Steel Wire Products LLC, Mayville Engineering Company, Inc., Metcam, Inc., Moreng Metal Products, Inc., Noble Industries, Inc., O’Neal Manufacturing Services., Osh Cut LLC, Ryerson Holding Corporation, Standard Iron & Wire Works, Inc., The Metalworking Group, BTD Manufacturing, Dynamic Aerospace and Defense Group (Hydram Engineering), Marlin Steel Wire Products LLC, Noble Industries Inc., and Others. |
DRIVERS | • Building and construction industry •Transportation systems. • Use in multiple end-use industries. |
OPPORTUNITIES | • Carbon fiber composites. |
Frequently Asked Questions (FAQ) :
Ans: Manufacturers, Consultants, aftermarket players, associations, research institutes, private and universities libraries, suppliers, and distributors of the product.
Ans: European region is reported to be in high demand due to its large-scale vehicle manufacture, which leads to an increase in metal sheet usage.
Ans: By form, By material type, By thickness, and By Application are segments of the global sheet metal market.
Ans: Operational Efficiency, Significant Savings are the challenges faced by the global sheet metal market.
Ans: The global sheet metal market was valued at USD 305.02 billion in 2021 and USD 423.50 billion in 2028
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Sheet Metal Market Segment, By form
8.1 Bend Sheet
8.2 Punch Sheet
8.3 Cut Sheet
8.4 Other Forms
9. Global Sheet Metal Market Segment, By material type
9.1 Stainless steel
9.2 Aluminum
9.3 Brass
9.4 Tin
9.5 Titanium
9.6 Zinc
9.7 Others
10. Global Sheet Metal Market Segment, By Thickness
10.1 < 1 mm
10.2 1-6 mm
10.3 > 6mm
11. Global Sheet Metal Market Segment, By Application:
11.1 Automotive & Transportation
11.2 Building & Construction
11.3 Industrial Machinery
11.4 Oil & Gas
11.5 Commercial
11.6 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company Profiles
13.1 All Metals Fabricating, Inc.
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 BTD Manufacturing, Inc.
13.3 Classic Sheet Metal, Inc.
13.4 Dynamic Aerospace and Defense Group (Hydram Engineering)
13.5 Ironform Corporation
13.6 Kapco Metal Stamping
13.7 Marlin Steel Wire Products LLC
13.8 Mayville Engineering Company, Inc.
13.9 Metcam, Inc.
13.10 Moreng Metal Products, Inc.
13.11 Noble Industries, Inc.
13.12 O’Neal Manufacturing Services.
13.13 Osh Cut LLC
13.14 Ryerson Holding Corporation
13.15 Standard Iron & Wire Works, Inc.
13.16 The Metalworking Group
14. Competitive Landscape
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
15. Conclusion
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