Mexico Metal Keystock Market Size & Outlook, 2024-2030
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Mexico metal keystock market highlights
- The Mexico metal keystock market generated a revenue of USD 1,123.3 million in 2023 and is expected to reach USD 1,573.6 million by 2030.
- The Mexico market is expected to grow at a CAGR of 5% 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 1,123.3 million |
| Market revenue in 2030 | USD 1,573.6 million |
| Growth rate | 5% (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, Mexico accounted for 3.0% 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 North America, U.S. metal keystock market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 1,573.6 million by 2030.
Steel was the largest segment with a revenue share of 75.09% in 2023. Horizon Databook has segmented the Mexico metal keystock market based on steel, aluminum, brass covering the revenue growth of each sub-segment from 2018 to 2030.
Currently, the Mexican government is pushing the development of aerospace & automotive, electric/electronic, OEM, and other high-tech industries. In addition, the government is also continuing its investment in the development of airport and transport infrastructure.
For instance, according to International Trade Administration, Mexico government announced Construction and Modernization Program (CMP) 2018-2024.
This included a re-envisioned airport system for the greater Mexico City metropolitan area and surrounding states. Such investments relating to the development of infrastructure in the country is expected to drive the demand for the metal keystock.
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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 |
Mexico metal keystock market size, by material, 2018-2030 (US$M)
Mexico Metal Keystock Market Outlook Share, 2023 & 2030 (US$M)
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