New year, new updates! Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact: https://www.thebusinessresearchcompany.com/global-market-reports
The Metal Global Market Report 2020-30 by The Business Research Company describes and explains the global metal market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Metal Global Market Report 2021 covers metal market drivers, metal market trends, metal market segments, metal market growth rate, metal market major players, and metal market size.
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The metal market report provides an in-depth analysis of the impact of COVID-19 on the global metal industry, along with revised market numbers due to the effects of the coronavirus and the expected metal market growth numbers 2021-2030.
Metal Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global metal market is expected to grow from $3323.02 billion in 2020 to $3543.07 billion in 2021 at a compound annual growth rate (CAGR) of 6.6%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $4619.74 billion in 2025 at a CAGR of 7%.
The global metal market is segmented –
1) By Type: Iron And Steel Mills And Ferroalloy, Processed Nonferrous Metal, Processed Alumina And Aluminum, Foundries, Steel Products
2) By End Use: Construction, Manufacturing, Others
Subsegments Covered: Crude Steel, Pig Iron, Ferroalloys, Smelted and Refined Nonferrous Metal (except Aluminum), Rolled, Extruded And Alloyed Copper, Rolled and Extruded Nonferrous Metal (except Copper And Aluminum), Secondary Smelted, Refined And Alloyed Nonferrous Metal (except Copper And Aluminum), Aluminum Products From Purchased Aluminum, Secondary Smelted And Alloyed Aluminum, Refined Alumina And Primary Aluminum Production, Ferrous Metal Foundries, Nonferrous Metal Foundries, Iron And Steel Pipe And Tube, Rolled and Drawn Steel
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