Metals & Metal Products Manufacturers & Suppliers
Metals & Metal Products Manufacturers & Suppliers: The global metal products market is expected to grow from $2115.97 billion in 2020 to $2423.06 billion in 2021 at a compounded annual growth rate (CAGR) of 14.5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $3139.63 billion in 2025 at a CAGR of 7%.
Asia Pacific was the largest region in the global metal products market, accounting for 36% of the market in 2020. Western Europe was the second largest region accounting for 28% of the global market. Africa was the smallest region in the global metal products market.
The metal products market have benefitted from the rapid growth in automotive industry during the historic period. For instance, steel, aluminum and magnesium are some metals commonly used in the automotive industry for manufacturing body panels, engines, transmissions and numerous other parts.
Metals & Metal Products Manufactturers & Suppliers » Metal Products » Metal Products Suppliers
Metals & Metal Products Manufactturers & Suppliers » Metals » Metal Products Suppliers
Metals & Metal Products Manufactturers & Suppliers » Metal Products » Metal Products Manufacturers
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Last listing added: Aug 20, 2021