UK Metal Keystock Market Size & Outlook, 2023-2030
UK metal keystock market, 2018-2030 (US$M)
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UK metal keystock market highlights
- The UK metal keystock market generated a revenue of USD 1.1 million in 2023 and is expected to reach USD 1.5 million by 2030.
- The UK market is expected to grow at a CAGR of 3.8% 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 1.1 million |
| Market revenue in 2030 | USD 1.5 million |
| Growth rate | 3.8% (CAGR from 2023 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, UK 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 Europe, Germany metal keystock market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 1.0 million by 2030.
Steel was the largest segment with a revenue share of 72.73% in 2023. Horizon Databook has segmented the UK metal keystock market based on steel, aluminum, brass covering the revenue growth of each sub-segment from 2018 to 2030.
The UK metal keystock market is expanding due to the country's leading position in manufacturing and engineering. According to an article by The Guardian, in 2024, the UK’s manufacturing businesses are experiencing an improvement after market disruptions.
Such as the COVID-19 pandemic, the Russia-Ukraine war, and conflicts related to the Sue Canal. Moreover, ‘Make UK,’ a manufacturers’ organization anticipated that manufacturing would grow by 1.2% in 2024.
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Metal Keystock Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK metal keystock market size, by material, 2018-2030 (US$M)
UK Metal Keystock Market Outlook Share, 2023 & 2030 (US$M)
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