The market is dominated by domestic suppliers, as imports account for 22.4% of total market size in 2022. B2B drives market demand, with B2B spending representing 99.9% of total demand in 2022. China has the largest market size for forming of metal and powder metallurgy regionally, with demand reaching USD60.1 billion in 2022. Faw Bharat Forge (Changchun) Co Ltd is the largest company in China, generating 0.4% of the industry’s total production value in 2022. The industry is fragmented, with the top two companies generating 0.5% of total production value in 2022. The total number of companies decreases in 2022, to 267,998 units. The costs of the industry decrease by 2.9% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 12.7% of production value in 2022, the seventh highest regionally. With production value of USD41.2 billion, China accounts for 48.0% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Forming of Metal and Powder Metallurgy in China: ISIC 2891. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Forming of Metal and Powder Metallurgy in China: ISIC 2891 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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