The market is dominated by domestic suppliers, as imports account for 1.5% of total market size in 2022. B2B drives market demand, with B2B spending representing 94.2% of total demand in 2022. Australia has the 20th largest market size for coating of metals and mechanical engineering across the top 20 developed countries, with demand reaching USD1.6 billion in 2022. Total Corrosion Control Pty Ltd is the largest company in Australia, generating 6.2% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 12.7% of total production value in 2022. The total number of companies increases in 2022, to 1,549 units. The costs of the industry increase by 7.3% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 15.3% of production value in 2022, the 10th highest across the top 20 developed countries. With production value of USD1.8 billion, Australia accounts for 86.3% of the Australasia total in 2022.
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This Euromonitor industrial report provides unique information on Coating of Metals and Mechanical Engineering in Australia: ISIC 2892. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Coating of Metals and Mechanical Engineering in Australia: ISIC 2892 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic iron and steel, basic preciuos and non-ferrous metals, casting of metals, coating of metals and mechanical engineering, forming of metal and power metallurgy, metal packaking, wire and other fabricated metal products.
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