B2B drives market demand, with B2B spending representing 100% of total demand in 2020. Canada has the 17th largest market size for coating of metals and mechanical engineering across the top 20 developed countries, with demand reaching USD2.5 billion in 2020. Arcelormittal Dofasco Inc is the largest company in Canada, generating 11.1% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 18.9% of total production value in 2020. The total number of companies decreases in 2020, to 9,619 units. The costs of the industry decrease by 7.3% in 2020, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 1.4% of production value in 2020, the 20th highest across the top 20 developed countries. With production value of USD3.1 billion, Canada accounts for 3.9% of the North America total in 2020.
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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
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