B2B drives market demand, with B2B spending representing 92.8% of total demand in 2023. Italy has the largest market size for coating of metals and mechanical engineering regionally, with demand reaching USD43.2 billion in 2023. ArcelorMittal Piombino SpA is the largest company in Italy, generating 1.4% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 2.2% of total production value in 2023. The total number of companies increases in 2023, to 52,693 units. The costs of the industry increase by 6.8% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 13.6% of production value in 2023, the 13th highest regionally. With production value of USD42.0 billion, Italy accounts for 22.4% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Coating of Metals and Mechanical Engineering in Italy: ISIC 2892. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Coating of Metals and Mechanical Engineering in Italy: ISIC 2892 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic iron and steel, basic preciuos and non-ferrous metals, casting of metals, coating of metals and mechanical engineering, forming of metal and power metallurgy, metal packaking, wire and other fabricated metal products.
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