Rolling out: International trade will be a key area of growth and competition for the industry

Over the five years to 2018, Nonferrous Metal Rolling and Alloying industry revenue has declined. Slowed growth in China and economic uncertainty in the United States and Europe depressed nonferrous metal prices from 2013 to 2016. Thus, the reliance of this industry on nonferrous metal materials has placed downward pressure on revenue and profitability. However, rebounding nonferrous prices after consistent declines will help industry revenue recover. The industry will experience slow growth over the next five years, in line with mildly increasing but volatile nonferrous metal prices and relatively stronger demand from key downstream markets such as commercial airline manufacturing...purchase to read more.

Industry Statistics & Market Size
Revenue
$21bn
Annual Growth 13-18
-1.6%
Forecast Growth 18-23
Profit
Employment
26,403
Businesses
544

Industry Threats & Opportunities

  • Economic uncertainty in the United States and Europe depressed nonferrous metal prices
  • Most nonferrous metal prices plunged due to decelerating global and domestic industrial activity
  • The global economy is expected to grow at a steadier rate over the next five years
  • Industry Report - Starting a New Business Chapter

    The Nonferrous Metal Rolling and Alloying industry has moderate barriers to entry. Despite high competition, low market concentration enables new companies to enter the industry through smaller operations. In addition, the industry is segmented among product groups, and because small players often focus on one type of nonferrous metal, investment requirements in machinery and equipment are also moderate. The maturity of the industry, however, has resulted in relatively stagnant enterprise change.The largest industry participants benefit from contracts with suppliers, economies of scale, a range of product offerings and an established customer base. New entrants would have to raise a tremendous amount of capital to establish large-scale operations or enter a niche market. The...purchase to read more.

    Additional Insights for the Nonferrous Metal Rolling & Alloying Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Nonferrous Metal Rolling & Alloying Industry are

  • Access to the latest available and most efficient technology and techniques
  • Supply contracts in place for key inputs
  • Ability to pass on cost increases
  • IBISWorld analysts also discuss how external factors such as Price of nonferrous metals and Demand from aircraft, engine and parts manufacturing in the Nonferrous Metal Rolling & Alloying industry impact industry performance..

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    What's in this report

    What is the Nonferrous Metal Rolling & Alloying Industry?

    Companies in this industry produce semifabrications from nonferrous metals, except copper and aluminum. Primarily, they roll, draw, extrude and alloy shapes from purchased nonferrous metal. Companies also recover nonferrous metals and alloys from scrap.

    Industry Products
  • Titanium and titanium-based alloys
  • Nickel and nickel-based alloys
  • Primary Precious Metal Mill Shapes
  • Other Primary and Secondary nonferrous metal
  • Zinc-based Alloys
  • Nonferrous metal powders, paste, and flakes
  • Secondary Precious Metal and precious metal alloys
  • Industry Activities
  • Recovering nonferrous metals (except copper and aluminum) and nonferrous metal alloys from scrap
  • Alloying purchased nonferrous metals (except copper and aluminum)
  • Rolling, drawing and extruding shapes from purchased nonferrous metals (except copper and aluminum)
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Price of nonferrous metals
  • Demand from aircraft, engine and parts manufacturing
  • Demand from mining, oil and gas machinery manufacturing
  • Trade-weighted index
  • Industrial production index

  • Current Performance
  • Demand from above and below
  • Volatile input costs
  • Shifting costs reshape production
  • Chart: Revenue Growth

  • Industry Outlook
  • Energy sector
  • Electronics, communication and automotive markets
  • Aerospace sector
  • Cost structure and trade
  • Table: Nonferrous Metal Rolling & Alloying Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Nonferrous Metal Rolling & Alloying Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Iron & Steel Manufacturing
  • Mining, Oil & Gas Machinery Manufacturing
  • Battery Manufacturing
  • Car & Automobile Manufacturing
  • SUV & Light Truck Manufacturing
  • Aircraft, Engine & Parts Manufacturing

  • Key Selling Industries
  • Electric Power Transmission
  • Inorganic Chemical Manufacturing
  • Nonferrous Metal Refining

  • Products & Services
  • Secondary Precious Metal and precious metal alloys
  • Other Primary and Secondary nonferrous metal
  • Nonferrous metal powders, paste, and flakes
  • Titanium and titanium-based alloys
  • Nickel and nickel-based alloys
  • Primary Precious Metal Mill Shapes
  • Zinc-based Alloys
  • Chart: Nonferrous Metal Rolling & Alloying Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Aerospace and defense manufacturing
  • Exports
  • Automotive manufacturing
  • All Other including food equipment, electrical and industrial
  • Mining, oil and gas machinery manufacturing
  • Transportation
  • Medical
  • Chart: Major Market Segmentation for the Nonferrous Metal Rolling & Alloying Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Nonferrous Metal Rolling & Alloying

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Nonferrous Metal Rolling & Alloying Industry

  • Industry Globalization
    Precision Castparts Corp., Allegheny Technologies Incorporated, Carpenter Technology Corporation,
  • Table: Precision Castparts Corp. - financial performance
  • Table: Allegheny Technologies Incorporated - financial performance
  • Table: Carpenter Technology Corporation - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Nonferrous Metal Rolling & Alloying Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Nonferrous Metal Rolling & Alloying Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)
  • Price of Nonferrous Metals (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Alloying
  • The process of adding one metal to another to form a blend sharing some of the properties of each component.
  • Drawing
  • A process for producing wire, bar or tube by pulling metal, increasing its length and reducing its diameter. Wire is typically pulled through a series of dies (holes) of decreasing size.
  • Extruding
  • The process of forcing a solid and usually heated metal through an opening with the same shape as the desired end-product. A hydraulically operated ram is used to push the metal through the opening.
  • Ingot
  • Semiprocessed metal shapes that usually require further shaping, such as cold and hot working, cutting or milling, to produce a useful final product.
  • Nonferrous Metals
  • Metals other than iron and steel.
  • Primary Manufacture
  • Production of metals in their most basic form by processing mined ores.
  • Rolling
  • A process that reduces the thickness of a piece of metal by passing it through successive rotating mills.
  • Secondary Manufacture
  • Smelting, refining, and blending metal recovered from primary metal production or from recycled metal.
  • Semifabrication
  • The industrial processes for producing rolled products, extrusions, wire, tubes, forgings and castings.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Nonferrous Metal Rolling & Alloying Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
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    • Inform your decisions for marketing, strategy and planning
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    This report on Nonferrous Metal Rolling & Alloying:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Nonferrous Metal Rolling & Alloying market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Nonferrous Metal Rolling & Alloying, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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