B2B drives market demand, with B2B spending representing 100% of total demand in 2022. Canada has the 15th largest market size for coating of metals and mechanical engineering across the top 20 developed countries, with demand reaching USD3.2 billion in 2022. Arcelormittal Dofasco Inc is the largest company in Canada, generating 11.4% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 19.4% of total production value in 2022. The total number of companies increases in 2022, to 8,839 units. The costs of the industry increase by 12.5% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 1.4% of production value in 2022, the 20th highest across the top 20 developed countries. With production value of USD3.9 billion, Canada accounts for 4.4% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Coating of Metals and Mechanical Engineering in Canada: 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 Canada: 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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