Australia Metal Keystock Market Size & Outlook, 2023-2030
Australia metal keystock market, 2018-2030 (US$M)
Related Markets
Australia metal keystock market highlights
- The Australia metal keystock market generated a revenue of USD 0.2 million in 2023 and is expected to reach USD 0.3 million by 2030.
- The Australia market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
- In terms of segment, steel was the largest revenue generating material in 2023.
- Aluminum is the most lucrative material segment registering the fastest growth during the forecast period.
Metal keystock market data book summary
| Market revenue in 2023 | USD 0.2 million |
| Market revenue in 2030 | USD 0.3 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Steel |
| Fastest growing segment | Aluminum |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Steel, Aluminum, Brass |
| Key market players worldwide | Ruland, Purvis Industries, G.L. Huyett, MW Industries, G&G Manufacturing Company |
Other key industry trends
- In terms of revenue, Australia accounted for 0.6% of the global metal keystock market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China metal keystock market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 0.3 million by 2030.
Steel was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Australia metal keystock market based on steel, aluminum, brass covering the revenue growth of each sub-segment from 2018 to 2030.
According to the performance benchmark report 2024 of Ai Group Research & Economics, the Australian manufacturing sector experienced 2.8% real output growth and 2.8% gross operating profits in 2023 compared to last year.
This growth was attributed to the rise in the production of food & beverages and the rise of the metal industry in the country.
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Metal Keystock Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia metal keystock market size, by material, 2018-2030 (US$M)
Australia Metal Keystock Market Outlook Share, 2023 & 2030 (US$M)
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