Fabricated Metal Product Manufacturing Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 6/10/2024
SIC Codes: 34
NAICS Codes: 332
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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Excerpt from Fabricated Metal Product Manufacturing Industry Profile

Companies in this industry transform purchased metals into intermediate or end-use products by forging, stamping, bending, forming, welding, machining, and assembly. Major companies include Ball Corporation, Flowserve, Gibraltar Industries, Mueller Industries, Snap-on, The Timken Company, and Valmont Industries (all based in the US), as well as Schaeffler Group (Germany) and Toyo Seikan (Japan). Due to the special manufacturing processes involved for individual parts, most companies make a limited range of products.

The rising global trade tensions and higher interest rates could pose risks for continued robust economic growth, according to the IMF. Slower economic growth or a drop in corporate capital expenditures could reduce demand for transportation equipment and machinery, which are leading end-use markets for many types of fabricated metal products. Top emerging countries for steel production include China, India, Japan, US, Russia, and South Korea, Brazil, according to WiseVoter.

The US fabricated metal product manufacturing industry includes about 55,000 establishments with about $340 billion in combined annual revenue. Coverage of key components of the fabricated metal product manufacturing industry can be found in the following industry profiles: Architectural & Structural Metals Manufacturing; Gun & Ammunition Manufacturing; Handtool, Cutlery & Flatware Manufacturing; Hardware & Fastener Manufacturing; Machine Shops; Metal Coating, Engraving & Heat Treating; and Metal Valve & Pipe Fitting Manufacturing.


Globalization and customer concentration have intensified competition in the fabricated metal products industry. OEM customers increasingly seek efficiencies by ...

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