Heavy metal: Various downstream industries will likely experience growth, supporting the industry
Metal Plating & Treating in the US
Over the five years to 2023, revenue for the Metal Plating and Treating industry has fallen, because of uneven demand conditions from automotive and construction markets. Steel prices have been subject to extreme volatility in recent years in line with substantial fluctuations in steel production and demand. Nonetheless, while high downstream demand from the Steel Framing industry hampered revenue growth. Input volatility pressured industry revenue throughout the period, especially during COVID-19. Over the past five years, revenue fell at a CAGR of 0.3% to $33.4 billion, including a decrease of 2.4% in 2023.This industry includes companies that perform work on metals or metal products. They treat metals (e.g. by applying a coating or engraving), altering not only their surface and appearance, but also their physical and chemical properties. Operators in this industry typically provide services to metal or metal-product manufacturers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
ABOUT THIS INDUSTRY
INDUSTRY PERFORMANCE
PRODUCTS & MARKETS
COMPETITIVE LANDSCAPE
OPERATING CONDITIONS
KEY STATISTICS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Worthington Industries, Inc.
- Valmont Industries, inc.
- Cornerstone Building Brands, Inc.
- Steel Technologies Inc.
- Precoat Metals Inc.
- Industrial Metal Finishing Company
- Bluewater Thermal Solutions
- Phoenix Heat Treating Inc.
- Gleco Plating Inc.
- Specialty Steel Treating Inc.
- Heat Treating Services Corporation of America
- Accurate Steel Treating Incorporated
- Ward Steel Company Inc.
- Newton Heat Treating Co. Inc.
- Varco Heat Treating Company
Methodology
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