0

Metal & Metal Ores Market Expected to Reach $10,649,885 Million, Globally, by 2023

 
2022
Metal & Metal Ores Market

Report Code : A04155

quote For the past several years, the mining industry has supplied various raw materials to the growing population to meet their ever increasing demand. However, the market is expected to witness a decline in growth in terms of revenue during the forecast period. Hence, recycling of these metals also called as “urban mining” is anticipated to bring in new opportunities in this market. quote

Yashwant Sahu
Team Lead, Chemicals & Materials at AMR

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a new report published by Allied Market Research, titled, Metal & Metal Ores Market by Metal Type: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global metal & metal ores market was valued at $10,736,829 million in 2016, and is projected to reach $10,649,885 million by 2023, growing at a CAGR of 0.2% from 2017 to 2023. The iron metal segment accounted for more than two-thirds share of the global market in 2016.

Access Full Summary at: https://www.alliedmarketresearch.com/metal-and-metal-ores-market

Metals are typically hard, shiny, opaque, and has excellent thermal and electric conductivity. Metals are malleable and can be hammered permanently without breaking. Metals are one of the most important constituents of several commercial and industrial applications. Metals and their alloys are used in making machines, railways, motor vehicles, bridges, buildings, agricultural tools, aircrafts, and ships. Therefore, production of a variety of metals in large quantities is necessary for the economic growth of a country.

Increase in demand from various end-use industries, such as aerospace, healthcare, energy & power, building and construction, and others drive the growth of the market. In addition, technological advancement and rise in demand for metals in automotive industry are some other factors that support the growth of the global metal and metal ores market. However, fluctuation in raw material prices and threat of replacement by substitutes are expected to limit the market growth. Fall in commodity prices and government instability is also expected to hamper the growth of the market.

The metals analyzed in the report are aluminum, beryllium, bismuth, cadmium, cerium, chromium, cobalt, gold, indium, iron, lead, lithium, magnesium, manganese, mercury, and molybdenum. Among these, aluminum, beryllium, chromium, iron, lithium, manganese, and molybdenum occupied major share of the market in 2016 and is projected to do so during the forecast period as well.

Key findings of the Metal & Metal Ores Market:

  • Asia-Pacific was the dominant region occupying more than 40% share of the market in 2016 in terms of value.
  • Europe and Asia-Pacific are the fastest growing regions of the global market with CAGR of 0.8% in value terms during the forecast period.
  • Aluminum metal is the third major segment of the market in 2016 and is anticipated to grow at the significant CAGR of 10.3% in value terms during the analysis period.
  • Bismuth is one of the fastest growing segment with a significant CAGR of 4.5% during the analysis period.

In 2016, Europe and Asia-Pacific collectively accounted for around two-thirds of the global metal & metal ores market, and are expected to grow at the significant CAGRs during the forecast period. The high growth rate in Europe and Asia-Pacific region is due to the ongoing urbanization, rise in disposable income, and industrial developments in this region.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
 
 

First time buyer?
Check offers and discount on this report
To get this report

Click Here
 
 

quote Metal & Metal Ores Market by Metal Type (Aluminum, Beryllium, Bismuth, Cadmium, Cerium, Chromium, Cobalt, Gold, Indium, Iron, Lead, Lithium, Magnesium, Manganese, Mercury, and Molybdenum) - Global Opportunity Analysis and Industry Forecast, 2017-2023 quote

View Report
 
 

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

WHY ALLIED MARKET RESEARCH?

INFLALLIBLE METHODOLOGY

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

ANALYST SUPPORT

For complete satisfaction

CUSTOMIZATION

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
rep-img

Published Date Mar 2024

Hairbrush Market

Download Sample
rep-img

Published Date Mar 2024

Debt Security Market

Download Sample
rep-img

Published Date Mar 2024

Wood Adhesives Market

Download Sample

Buy Full Version
"Metal & Metal Ores Market"
Purchase Enquiry

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers