B2B drives market demand, with B2B spending representing 97.0% of total demand in 2022. The UK has the fourth largest market size for coating of metals and mechanical engineering regionally, with demand reaching USD15.2 billion in 2022. Wedge Group Galvanizing Ltd is the largest company in the UK, generating 0.6% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 1.9% of total production value in 2022. The total number of companies decreases in 2022, to 25,527 units. The costs of the industry decrease by 3% in 2022, largely driven by declining labour costs. The industry’s profitability decreases and stands at 10.5% of production value in 2022, the 16th highest regionally. With production value of USD15.1 billion, the UK accounts for 9.1% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Coating of Metals and Mechanical Engineering in the United Kingdom: 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 the United Kingdom: 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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