Metal Working Market
Metal Working Market Global Industry Assessment & Forecast
Segments Covered
- By Type Structural Steel Fabrication, Architectural Aluminum Fabrication, Architectural Steel Fabrication, Pre-Fabricated Buildings, Pre-Engineered Buildings, Others
- By Application Oil & Gas, Mining, Energy & Utilities, and Water, Industrial & Logistics, Building Construction, Others
Snapshot
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 11 Billion |
Revenue 2028: | 14.15 Billion |
Revenue CAGR (2021 - 2028): | 3.2 |
Fastest Growing Region (2022 - 2028) | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
The report delivers an acute breakdown of the market based on various segments such as Type, Application, , and region. All the segments are studied considering historical and future trends across geographies. All the segments are analyzed based on trends, market size, and forecast, and the data is provided for the years 2016–2028. Several growth factors and opportunities impacting various segments have been incorporated in the report.
On the basis of Type, the market is divided into Structural Steel Fabrication, Architectural Aluminum Fabrication, Architectural Steel Fabrication, Pre-Fabricated Buildings, Pre-Engineered Buildings, Others. Natural Draft Coolong Pipes held the largest share in 2020 and is projected to grow at a noteworthy CAGR within the forecast period.
Based on Application, the market is divided into Oil & Gas, Mining, Energy & Utilities, and Water, Industrial & Logistics, Building Construction, Others. Machinery & Equipment attributed to the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Global Metal Working Market: Type Segment Analysis
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- Structural Steel Fabrication
- Architectural Aluminum Fabrication
- Architectural Steel Fabrication
- Pre-Fabricated Buildings
- Pre-Engineered Buildings
- Others
Global Metal Working Market: Application Segment Analysis
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- Oil & Gas
- Mining
- Energy & Utilities
- and Water
- Industrial & Logistics
- Building Construction
- Others
FAQ
Frequently Asked Question
What is the global demand for Metal Working in terms of revenue?
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The global Metal Working valued at 11 Billion in 2020 and is expected to reach 14.15 Billion in 2028 growing at a CAGR of 3.2%.
Which are the prominent players in the market?
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The prominent players in the market are Hadadco, Steel Master, CLIC Qatar Trading Company WLL, Qatar Technical International Co., Qatar National Aluminium Panel Co., Blue Steel Factory, Qatar Reinforcement Company W.L.L., Solb26, Pioneer Metal Company (Almana Group), Leo Steel Construction Company W.L.L., Gulf Steel & Engineering, Axis Engineering & Mechanical Co., Frijns, Steel Construction Middle East, Eversendai Qatar, Al Watania Steel For Sections, Qatar Metal Industries..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 3.2% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
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The driving factors of the Metal Working include
- The increasing demand from oil & gas industry is anticipated to augment the growth of metal working market during the forecast period.
- The increasing advancement in technological tools that are used in metal fabrication is expected to support the growth of the metal working market over the forecast period. Furthermore,the growing competition among manufacturers is also expected to fuel the growth of the market in the years to come.
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Metal Working in 2020.