DUBLIN--(BUSINESS WIRE)--The "Metal and Mineral Manufacturing Market Global Briefing 2018" report has been added to ResearchAndMarkets.com's offering.
The global metal and mineral manufacturing market is expected to reach around $9900 billion in 2020. This can be attributed to technological advances and new product developments at competitive prices driving the metal and mineral manufacturing market.
The report covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies for this market.
Metal manufacturing companies are increasing R&D expenditure to launch new product lines. They are launching advanced products such as ultra-light alloys as opposed to commodities; for instance, according to a report by KPMG in 2015, 32% of the metal manufacturing companies spend more than 6% of revenues on R&D and 70% of the companies are expected to invest on existing product lines. Thus, introduction of new product lines through increased R&D spend is a significant trend in the metal manufacturing industry.
Asia Pacific was the largest region in the metal and mineral manufacturing market in 2017, accounting for around 56% market share. North America was the second largest region accounting for around 13% market share. Eastern Europe was the smallest region accounting for around 4% market share.
- Markets Covered: Metal Manufacturing, Mineral Products, and Metal Products
- Time Series: Five years historic and forecast.
- Data: Market value in $ billions.
- Arcelor Mittal
- Nippon Steel & Sumitomo Metal
- China Baowu Steel Group
- Asahi Glass
- Anhui Conch
For more information about this report visit https://www.researchandmarkets.com/research/jlw9dt/global_metal_and?w=4