Lucintel’s Global Metal Industry: Industry is Expected to Reach US $2,374 Billion in 2017


   January 1 2013
The global metal industry has experienced good growth over the last five years. Lucintel anticipates additional opportunities for growth in this market and estimates that the global market for the metal industry will reach an estimated US $2,374 billion in 2017. Growth in the construction and automobile industries has increased the demand for steel, aluminum, and other metals, which has driven the global industry.
Lucintel, a leading global Management Consulting and market research firm, has conducted a competitive analysis of the global metal companies and presents its findings in Top Five Global Metal Companies Performance, Strategies, and Competitive Analysis.” The report provides detailed insight into the performance of the top five metal companies across the world. The analysis highlights the companies that perform the best among the group and illustrates leading performance standards. The strengths and weaknesses of the top five companies are covered in the report.
The metal industry is highly fragmented. The Asia Pacific (APAC) region dominates the global metal industry due to the availability of advanced technology, which facilitates high production at minimum cost. A combination of factors such as growth in complementary industries and governmental regulations, cyclical fluctuations in metal prices, general economic conditions, and end-use markets affect industry dynamics significantly. In this study, Lucintel profiles the following five companies with detailed competitive assessments:
  • ArcelorMittal       
  • JFE Holdings
  • Nippon Steel Corporation                       
  • POSCO                                      
  • ThyssenKrupp AG
As per the Lucintel study, the Rest of the World (ROW) region witnessed the highest growth during the last five years. ROW contains emerging economies, so investments in infrastructure and construction are leading to rising demand for and consumption of steel and aluminum. The region witnessed improved investment results and higher asset valuations. High rate of steel export was also one prominent reason for the growth in this region.
This market report is an indispensable reference guide for materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market. To make business, investment, and strategic decisions, you need timely, useful information and this report helps fulfill these needs.
For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency. To learn more, visit www.lucintel.com.

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