Spain Metal Keystock Market Size & Outlook, 2024-2030
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Spain metal keystock market highlights
- The Spain metal keystock market generated a revenue of USD 716.3 million in 2023 and is expected to reach USD 988.4 million by 2030.
- The Spain market is expected to grow at a CAGR of 4.8% 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 716.3 million |
| Market revenue in 2030 | USD 988.4 million |
| Growth rate | 4.8% (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, Spain accounted for 1.9% 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 75.5% in 2023. Horizon Databook has segmented the Spain metal keystock market based on steel, aluminum, brass covering the revenue growth of each sub-segment from 2018 to 2030.
Spain is the leading manufacturer of commercial vehicles and the second-largest manufacturer of passenger cars in Europe.
The country also hosts 13 automobile production facilities with SEAT and PSA being the two major automobile manufacturing companies.
In addition, several automobile manufacturing giants operate in Spain, including Ford, Daimler AG, General Motors, Nissan, and Renault.
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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 |
Spain metal keystock market size, by material, 2018-2030 (US$M)
Spain Metal Keystock Market Outlook Share, 2023 & 2030 (US$M)
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