Metal Fabrication Market Overview: 2025-2030
Base Year: 2024
Historical Years: 2020-23
Forecast Years: 2025-30
The Metal Fabrication Market size was valued at around USD 22 billion in 2024 and is projected to reach USD 29 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.7% during the forecast period, i.e., 2025-30. The metal fabrication market is growing at a high rate, driven by multiple factors. Including Economic growth and infrastructure development. The expansion of automotive and aerospace sectors further creates the demand for constructing essential elements through metal fabrication. Projects on water conservation, renewable energy initiatives, and transportation contribute to market growth.
Markntel Advisor’s Metal Fabrication Market Insights report provides the current and forecast market analysis, individual leading companies’ market shares, challenges, Metal Fabrication Market drivers, barriers, Metal Fabrication Market Trends, and Key Players in Metal Fabrication Market.
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Metal Fabrication Market Driver: 2025-2030
Rising Adoption of Advanced Alloys in Metal Fabrication – Advanced materials like titanium, aluminum, and high-tensile strength structural steel are highly used in metal fabrication. They are driving the market demand due to their exclusive features like corrosion resistance, low density, and high tensile strength. This has created their intensive use case in numerous industries like aerospace, automobile, and construction. For instance, the U.S. Department of Energy cites an increasing demand for lightweight materials driven by improved car powertrain efficiency, mainly in electric vehicles. This has implications for the increased production of Aluminum and advanced steel alloys for automobile structures and body panels.
Similarly, aerospace manufacturers, such as those in the aviation industry, have been undergoing demand for high-strength alloys from the Federal Aviation Administration. It is to satisfy a burgeoning demand for more efficient and durable lightweight aircraft. Also, the growing use of advanced alloys in construction is considerably driving the demand for metal fabrication. The most considerable example is the widespread entry of pre-engineered buildings that use structural steel, where sectors such as logistics and real estate have experienced both cost reductions and shortened construction time.
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Metal Fabrication Market (2025-30): Segmentation Outlook
The market report has segmented the market into the following categories:
- By Metal Type
- Steel – Market Size & Forecast 2020-2030 USD Billion
- Aluminum – Market Size & Forecast 2020-2030, USD Billion
- Titanium- Market Size & Forecast 2020-2030, USD Billion
- Copper-Market Size & Forecast 2020-2030, USD Billion
- Nickel- Market Size & Forecast 2020-2030, USD Billion
- By Services
- Cutting-Market Size & Forecast 2020-2030, USD Billion
- Welding-Market Size & Forecast 2020-2030, USD Billion
- Forming- Market Size & Forecast 2020-2030, USD Billion
- Machining- Market Size & Forecast 2020-2030, USD Billion
- Assembly-Market Size & Forecast 2020-2030, USD Billion
- By End-User
- Automotive–Market Size & Forecast 2020-2030, USD Billion
- Construction- Market Size & Forecast 2020-2030, USD Billion
- Aerospace-Market Size & Forecast 2020-2030, USD Billion
- Energy-Market Size & Forecast 2020-2030, USD Billion
- Medical-Market Size & Forecast 2020-2030, USD Billion
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Top Companies Operating in the Metal Fabrication Market:
- Mayville Engineering Company
- BTD Manufacturing Inc.
- Matcor Matsu Group
- Watson Engineering
- Iron Form Corporation
- PA international
- Kapco Metal Stamping
- Komaspec
- United States Steel Corporation
- Nippon Steel Corporation
- Aperam
- Standard iron and wire works
- A.K Steel Holding Corporation
- Allegheny Ludlum
- Mueller Industries
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