North America Metal Keystock Market Size & Outlook
North America metal keystock market, 2018-2030 (US$M)
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North America metal keystock market highlights
- The North America metal keystock market generated a revenue of USD 9.1 million in 2023.
- The market is expected to grow at a CAGR of 4.5% 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.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 9.1 million |
| Market revenue in 2030 | USD 12.4 million |
| Growth rate | 4.5% (CAGR from 2023 to 2030) |
| Largest segment | Steel |
| Fastest growing segment | Steel |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 24.0% of the global metal keystock market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 20.6 million by 2030.
Steel was the largest segment with a revenue share of 70.33% in 2023. Horizon Databook has segmented the North America metal keystock market based on steel, aluminum, brass covering the revenue growth of each sub-segment from 2018 to 2030.
The North America metal keystock market is experiencing significant growth due to the robust industrial and manufacturing sectors across the region.
The increased demand for heavy machinery, automotive components, and construction equipment drives the need for durable and dependable keystock materials.
Additionally, advancements in metal processing technologies and rising adoption of automation in manufacturing processes are projected to further propel the market.
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Metal Keystock Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America metal keystock market size, by country, 2018-2030 (US$M)
North America Metal Keystock Market Outlook Share, 2023 & 2030 (US$M)
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