Germany Metal Keystock Market Size & Outlook, 2024-2030
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Germany metal keystock market highlights
- The Germany metal keystock market generated a revenue of USD 2,209.4 million in 2023 and is expected to reach USD 3,048.3 million by 2030.
- The Germany market is expected to grow at a CAGR of 4.9% from 2024 to 2030.
- In terms of segment, steel was the largest revenue generating material in 2023.
- Steel 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 2,209.4 million |
| Market revenue in 2030 | USD 3,048.3 million |
| Growth rate | 4.9% (CAGR from 2024 to 2030) |
| Largest segment | Steel |
| Fastest growing segment | Steel |
| 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, Germany accounted for 5.8% 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 Europe, Germany metal keystock market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 3,048.3 million by 2030.
Steel was the largest segment with a revenue share of 74.32% in 2023. Horizon Databook has segmented the Germany metal keystock market based on steel, aluminum, brass covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for metal keystock in Germany is likely to grow due to the growth of the construction and manufacturing sectors. In Europe, Germany was the largest industrial manufacturing country, holding over 27% of the overall market share in 2023.
The country is known for its electronics, machinery, and automotive industries. It is also a manufacturing hub for premium luxury cars due to high investments in R&D, skilled labor, and suitable infrastructure.
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Metal Keystock Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| G&G Manufacturing Company | View profile | 11-50 | Omaha, Nebraska, United States, North America | https://www.ggmfg.com/ |
| G.L. Huyett | View profile | 101-250 | Minneapolis, Kansas, United States, North America | http://huyett.com |
| Purvis Industries | View profile | 501-1000 | Dallas, Texas, United States, North America | https://www.purvisindustries.com/ |
| Ruland | View profile | 101-250 | Marlborough, Massachusetts, United States, North America | http://www.ruland.com |
| MW Industries | View profile | 5001-10000 | Charlotte, North Carolina, United States, North America | http://www.mwcomponents.com |
Germany metal keystock market size, by material, 2018-2030 (US$M)
Germany Metal Keystock Market Outlook Share, 2023 & 2030 (US$M)
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