Metal and Mineral Manufacturing Market To Grow At A Higher Rate


Posted January 7, 2019 by srikanthgtbrc

The global metal and mineral manufacturing market was valued around $8811 billion in 2017. Asia Pacific was the largest region in the metal and mineral manufacturing market in 2017,

 
The Business Research Company’s global Metal and Mineral Manufacturing, covers the year-on-year growth of the global metal and mineral manufacturing historic and forecast growth. It also includes chapters on the metal and mineral manufacturing trends, geographical analysis, and competitive landscape.
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https://www.thebusinessresearchcompany.com/report/metal-and-mineral-manufacturing-global-market-report-2018
The global metal and mineral manufacturing market is forecast to grow at a CAGR (compound annual growth rate) of around 4 % to 2022.
Metal and Mineral Manufacturing Trends
Additive manufacturing (AM) is being widely used for manufacturing a wide range of metal products. The transition of additive manufacturing from a product development tool to production tool has been quick. Increased investment in metal AM technology is further leading to process improvements, lower productions costs in allied manufacturing industries.
Metal consumption by the aerospace sector will increase between 2014 and 2019, when the demand for commercial airplanes is projected to expand. For instance, Boeing, an aircraft manufacturing company, forecasts a need for 35,000 new commercial airplanes valued at $4.8 trillion over the next 20 years. This will require tremendous metal consumption, especially aluminum, in the future and will drive industry sales.
The global metal and mineral manufacturing is primarily driven by THE expanding aerospace market in the USA and high demand for copper in China.
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https://www.thebusinessresearchcompany.com/sample.aspx?id=330&type=smp
The global metal and mineral manufacturing market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
With introduction of new products and increased sales of new passenger cars in Europe the global Metal and Mineral Manufacturing is expected to increase in potential and scope. TBRC’s report also covers the global metal and mineral manufacturing market report drivers and restraints in the market.
The global metal and mineral manufacturing market segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the global metal and mineral manufacturing report are Arcelor Mittal, POSCO, Nippon Steel & Sumitomo Metal, LafargeHolcim, JFE
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Categories Business , Industry , Marketing
Tags metal product market , mineral manufacturing
Last Updated January 7, 2019