Metals & metal manufactured products are the most valuable commodities, which are employed in a wide range of industries such as construction, aviation & automobile, electrical & electronics, jewelries, and others. Various metals are extracted via mining from their particular ores present in the earth’s crust and can be categorized into ferrous and nonferrous metals based on their iron composition. Metals are further processed via casting, forming, or joining methods to form metal manufactured products such as wire & cable, jewelry & ornaments, bars, sheets, rolls, pipes, fixtures & fittings, rebar, molded components, and others.
The growth of the global metal & metal manufactured products market is majorly driven by increase in demand from various end-use sectors, such as & aviation, healthcare, electrical & electronics, energy & power, infrastructure, personal care, and others.
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Moreover, technological advancements and surge in demand for metals & metal manufactured products from the automotive industry are other factors supporting the expansion of the global market. However, volatility in raw material prices and increase in competition from substitutes are anticipated to hamper the market growth during the analysis period.
Conversely, rise in demand for metals in emerging economies and increase in...
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