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Metal Plating & Treating in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Metal Plating & Treating in Canada Market Research Report | NAICS 33281CA | Apr 2014

Heavy metal: Demand from the manufacturing and construction sectors will aid recovery

IBISWorld’s Metal Plating & Treating market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 09-14
-1.1%
Annual Growth 14-19
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Profit
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Employment
10,713
Businesses
871
Industry Analysis & Industry Trends

During the recession, manufacturing output sharply declined, lowering demand for metal products, which lowered demand for industry services. While demand has recovered since 2009, the manufacturing sector is expected to remain below prerecession levels over 2014. In addition, high input costs, combined with poor demand, cut into the profit margins. As a result, this industry has steadily consolidated, with the remaining companies focused on improving efficiency through technology. Over the next five years, this industry is projected to recover modestly as demand from the manufacturing and construction sectors increases... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Metal Plating and Treating industry is in the declining stage of its life cycle. In the 10 years to 2019 industry value added, which measures an industry's contribution to the overall economy, is forecast to increase at an average annual rate of 0.8%. Over the same period, GDP is projected to grow on average 2.4% per year. As a result, this industry's importance to the overall economy is falling, which suggests that the industry is in decline. In particular, the industry is currently only half its size in the early 2000s and shows no signs of recovering. Strong competition from abroad has put pressure on firms in this industry.

Galvanization, electroplating, heat treating and other metal treating services are old technologies that have long been in use... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Metal Plating & Treating Industry?

This industry provides coating, engraving, heat treating and metal processing services. Other activities include tempering, brazing, plating, polishing, sand-blasting and colouring metals.

Industry Products
Metal coating, engraving and allied servicesElectroplating, plating, polishing, anodizing and colouringMetal heat treating services
 
Industry Activities
Hardening metals and metal productsCoating metals and metal productsColouring metals and metal productsEnamelling metals and metal productsGalvanizing metals and metal productsLacquering metals and metal productsVarnishing metals and metal productsProviding other treatment services for metals and metal products


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