+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Indian Metal Industry Outlook, FY 2019

  • ID: 5007729
  • Report
  • March 2020
  • Region: Global
  • 62 Pages
  • Frost & Sullivan
1 of 2

Enquire about COVID-19 updates for this product.

Enquire Now
Backed By Government Policies, Industry Consolidation, and Technology Infrastructure Upgrades, the Metal Industry is Set to Witness a 6% y-o-y Demand growth in FY 2020

Indian metal market growth in 2019 witnessed global, macroeconomic and industrial factors, such as trade wars, an increase in industry consolidation, plant closures, and restricted imports. The industry’s main objective remained cost optimization, raw material sustainability, and process efficiency.

The Indian Government’s flagship programs - Make in India, National Capital Goods Policy, Development of 100 Smart Cities, Power For All - are all set to improve metal consumption within the next five years. To achieve targeted domestic steel capacity of 300 MTPA by 2030, India needs to invest $156.08 billion during the 2030-2031 time period. Industry consolidation is anticipated to support this objective. Strategic alliances, such as SAIL-Arcelor Mittal and RINL-PGCIL, are redefining the domestic landscape, reducing distressed assets, and improving the health of the industry. In line with the global trend, Industry 4.0 is creating a huge influence on regulating the way operations take place in the industry.

In line with lightweighting, aluminium is anticipated to play a vital role in the automotive industry from 2020 and beyond. Electric Vehicles are expected to witness growth in the coming years as government incentives increase. The current slowdown in the industry is likely to impact EV sales growth in 2020.

Raw material availability and cost sustenance can be addressed through scrap usage. Global factors, such as the trade war between the US and China, have resulted in increased availability in the rest of the world, especially Asia. Indian imports have witnessed increased uptake of non-ferrous scrap in 2019. The Steel Scrap Recycling Policy (SSRP), drafted and circulated in July 2019, is intended to facilitate and provide a framework for the functioning of metal scrap centers. It has been considered as a preliminary step to formalizing the largely unorganized scrap market. India is taking steps to meet the requirements of the circular economy and raw material sustenance is a vital factor to achieve this objective. This is anticipated to optimize the scrap value chain and enable organized global scrap trade flow.

Capacity expansion plans were announced in 2019 and are expected to be commissioned in 2022 and 2024 time period. Market highlights of 2019, demand, growth rates and capacity expansions for steel, aluminium, and copper have been analyzed. The analyst's perspective on the various market trends and their driving factors in 2020 has been presented. The Go-To market strategy and technology trends expected to define the Indian metal industry in 2020 are elaborated in this research service.

Note: Product cover images may vary from those shown
2 of 2

1. Executive Summary

  • Key Highlights of FY 2019
  • Top Predictions for FY 2020
  • Ferrous Metal Market Outlook, FY 2019
  • Nonferrous Metal Market Outlook, FY 2019
  • Scrap Metal Market Outlook, FY 2019
  • Installed Capacity, FY 2019
  • Market Demand, FY2019 & FY2020
  • Capacity Investment Forecast

2. Research Scope

3. Key FY 2019 Indian Metal Market Trends(Ferrous, Nonferrous, Recycling)

  • Key Trends in the Steel Industry, FY 2019
  • Key Trends in the Aluminium & Copper Industries, FY 2019
  • Key Trends in the Metal Scrap Industry, FY 2019
  • Trend 1: Industry 4.0
  • Trend 2: Recyclability
  • Trend 3: The Gaping Hole Left by the US-China Trade War
  • Trend 4: Interlinking the Global Circular Economy
  • Trend 5: Sustainability and Cost Economics
  • Trend 6: EV Industry Shift Toward Lightweighting
  • EV Lightweighting and Aluminium Consumption

4. Indian Ferrous Industry Outlook FY 2019

  • Ferrous Market Outlook FY 2019
  • Crude Steel Capacity and Production
  • Indian Steel Industry Demand Scenario
  • Per Capita Consumption and Production Technology
  • End-user Industry Overview
  • Market Investment Trends (Start-ups/Capacity Expansion)
  • Market Highlights FY 2019
  • Key Market Participants

5. Indian Nonferrous Industry Outlook FY 2019

  • Nonferrous Market Outlook FY 2019
  • Production Capacity of Aluminium and Copper
  • Indian Semifabricated* Copper Demand Scenario
  • Indian Downstream Aluminium Industry Demand Scenario
  • End-user Industry Overview
  • Market Investment Trends (Capacity Expansion)
  • Key Market Participants
  • Indian Metal Scrap Sector Outlook FY 2019
  • Benchmarking India Against the World

6. Indian Metal Scrap Sector Snapshot, FY 2019

  • Market Supply and Consumption
  • Key Market Participants

7. Growth Opportunities and Companies to Action

  • Growth Opportunity 1 - Business Models
  • Growth Opportunity 2 - Investment/M&A
  • Strategic Imperatives for Success and Growth

8. Key Conclusions

  • Legal Disclaimer

9. Appendix

  • List of Exhibits
  • Table of Acronyms Used
  • Market Engineering Methodology
Note: Product cover images may vary from those shown
3 of 2

Loading
LOADING...

Adroll
adroll