Industry Analysis & Industry Trends
The Metal Plating and Treating industry has moderately grown over the past five years, mostly due to expansion in the manufacturing and construction sectors, which are recovering from drastic falls suffered when the overall economy struggled. However, the industry is threatened by outsourced services to metal treating firms located in low-labour-cost countries. In the next five years, external competition will continue to be a threat; nevetheless, the industry is projected to remain steady, as demand from the manufacturing and construction sectors hold their current patterns... purchase to read more
Industry Report - Starting a New Business Chapter
This industry has medium barriers to entry that have been increasing over the past five years. In general, companies require only moderate capital, because even small operators can provide services to local steel product manufacturers. However, capital requirements have been growing due to increased reliance on automated manufacturing technology. Nevertheless, high fragmentation means that no single company dominates, allowing new entrants to gain a foothold in this industry.
This industry is very competitive, which can make it difficult for new entrants to succeed. Over the past five years, internal and external competition has increased... purchase to read more