The market is dominated by domestic suppliers, as imports account for 0.0% of total market size in 2023. B2B drives market demand, with B2B spending representing 100% of total demand in 2023. The US has the largest market size for coating of metals and mechanical engineering across the top 20 developed countries, with demand reaching USD87.0 billion in 2023. Sequa Corp is the largest company in the US, generating 1.3% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 2.7% of total production value in 2023. The total number of companies increases in 2023, to 36,760 units. The costs of the industry increase by 2.9% in 2023, largely driven by rising labour costs. The industry’s profitability increases and stands at 9.7% of production value in 2023, the 18th highest across the top 20 developed countries. With production value of USD85.2 billion, the US accounts for 95.6% of the North America total in 2023.
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This Euromonitor industrial report provides unique information on Coating of Metals and Mechanical Engineering in the US: 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 the US: 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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