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 Products Chapter
The Metal Plating and Treating industry can be segmented into three broad service segments: electroplating and related services, metal coating services and metal heat-treating services.
Metal coating, engraving and allied services
This segment includes enamelling, lacquering, varnishing, galvanizing, engraving, etching, powder coating and coil coating metals. Over the past five years, demand for metal coating services has declined. Although zinc prices increased, industry operators kept prices low to attract more customers during the recession, causing revenue generated from this segment to fall. In 2014, metal coating services are estimated to contribute to 48.0% of industry revenue... purchase to read more