Overview

Solid structure: Rising construction activity and funding will boost demand for industry products

The Fabricated Structural Metal Manufacturing industry market report contains strategic analysis of the key drivers influencing the industry. Save hours of time on research and prospecting using IBISWorld’s standardized, up-to-date reports on thousands of industries. Our industry research provides growth and profit forecasts for a five-year outlook period, presented in a clear and user-friendly format.

REPORT SNAPSHOT

Market Share of Companies
Industry Statistics & Market Size
Revenue
$32bn
Annual Growth
11-16
2.1%
Annual Growth
16-21
Profit
Employment
91,707
Business
2,969

Industry Threats & Opportunities

  • Rising construction activity will boost demand, but rising energy prices threaten profit
  • Despite revenue growth, the industry is anticipated to consolidate
  • The industry is expected to benefit from renewed strength in state and local budgets

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    Industry Analysis & Industry Trends

    Over the five years to 2016, revenue for the Fabricated Structural Metal Manufacturing industry is expected to trend higher, bolstered by a revival in construction activity. The industry is highly cyclical in nature, and thus tends to ebb and flow with the business cycle. As a result, the industry is expected to benefit in light of resurgence in demand for construction activity, particularly nonresidential construction. To compete against low-cost operators abroad, vertical integration is expected to become increasingly prominent over the five-year period. The Fabricated Structural Metal Manufacturing industry is anticipated to continue to grow over the five years to 2021, boosted by rising construction activity...

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    Industry Report - Industry Products Chapter

    Fabricated structural metal bar joists and reinforcing bars

    Fabricated structural metal bar joists and reinforcing bars account for a large share of industry revenue, accounting for 45.9% of the total. Concrete reinforcing bars are used as a tensioning device in concrete to help it maintain a compressed state. Open web steel joists are produced in a triangulated web system to span between bearing points and provide support for roofing and floor decks. These products are primarily used in building construction, and consequently, demand for this product is tied to demand from commercial, municipal and residential construction. Gro..

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    Additional Insights for the Fabricated Structural Metal Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Fabricated Structural Metal Manufacturing Industry are

  • Proximity to key markets
  • Upstream vertical integration
  • Having links with suppliers
  • IBISWorld analysts also discuss how external factors such as Value of private nonresidential construction and Government funding for highways in the Fabricated Structural Metal Manufacturing industry impact industry performance..

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    Industry Products

    What is the Fabricated Structural Metal Manufacturing Industry?

    This industry fabricates structural metal products, such as assemblies of concrete reinforcing bars and fabricated bar joists.

    Industry Products
    Fabricated structural metal bar joists and concrete reinforcing bars
    Fabricated structural metal for bridges, tunnels and subways
    Industry Activities
    Manufacturing fabricated structural metal bar joists
    Manufacturing fabricated structural concrete reinforcing bars
    Manufacturing fabricated structural metal for bridges
    Manufacturing other fabricated structural metal

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Value of private nonresidential construction
  • Government funding for highways
  • Price of electric power
  • World price of steel
  • Trade-weighted index

  • Current Performance
    Brick by brickRising profit prompts expansionRising trade
  • Chart: Revenue Growth

  • Industry Outlook
    Rising nonresidential construction spurs growthIndustry expansionTrade trends
  • Table: Fabricated Structural Metal Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Fabricated Structural Metal Manufacturing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Industrial Building Construction
  • Bridge & Elevated Highway Construction
  • Steel Framing
  • Aircraft, Engine & Parts Manufacturing
  • Ship Building
  • Commercial Building Construction

  • Key Selling Industries
  • Aluminum Manufacturing
  • Copper Rolling, Drawing & Extruding
  • Iron & Steel Manufacturing

  • Products & Services
  • Other
  • Fabricated structural metal bar joists and concrete reinforcing bars
  • Fabricated structural metal for bridges, tunnels and subways
  • Chart: Fabricated Structural Metal Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Infrastructure and Industrial Building construction
  • Nonresidential and other construction
  • Exports
  • Chart: Major Market Segmentation for the Fabricated Structural Metal Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesDepreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Fabricated Structural Metal Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Fabricated Structural Metal Manufacturing Industry

  • Industry Globalization
    Major Companies
    Nucor Corp.
  • Table: Nucor Corp. - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Fabricated Structural Metal Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

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

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Fabricated Structural Metal Manufacturing Industry
    Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • World Price of Steel (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Joist
  • A horizontal support in architecture or engineering that runs from wall to wall, wall to beam or beam to beam to support a ceiling, roof or floor.
  • Reinforcing Bar (Rebar)
  • A steel bar that is commonly used as a tensioning device in reinforced concrete and reinforced masonry structures holding the concrete in compression.
  • Vertical Integration
  • This occurs when a company expands its business to include upstream markets. Vertical integration can reduce costs and improve efficiency.
  • Why buy this report?

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    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Fabricated Structural Metal Manufacturing:
    • 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 Fabricated Structural Metal Manufacturing 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 Fabricated Structural Metal Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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