image

Sheet Metal Market Report Scope & Overview:

The 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 stell 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.

Sheet Metal Market Revenue 2030

Get E-PDF Sample Report on Sheet Metal Market - Request Sample Report

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​

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.

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

Sheet Metal Market Segment Pie Chart

Get Customized Report as per your Business Requirement - Request For Customized Report

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

Key Players

Ryerson Holding Corporation, Classic Sheet Metal, Inc.,  Ironform Corporation, Kapco Metal Stamping, All Metals Fabricating Inc., 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, 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.

Ironform Corporation-Company Financial Analysis

Sheet Metal Market Report Scope:
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

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

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

Start a Conversation

Hi! Click one of our member below to chat on Phone