B2B drives market demand, with B2B spending representing 98.2% of total demand in 2020. The UK has the fifth largest market size for forming of metal and powder metallurgy in the region, with demand reaching USD2.9 billion in 2020. Firth Rixson Forgings Ltd is the largest company in the UK, generating 4.7% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 9.5% of total production value in 2020. The total number of companies decreases in 2020, to 1,071 units. The costs of the industry decrease by 5.4% in 2020, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 15.5% of production value in 2020, the third highest in the region. With production value of USD2.7 billion, the UK accounts for 4.4% of the Western Europe total in 2020.
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This Euromonitor industrial report provides unique information on Forming of Metal and Powder Metallurgy in the UK: 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 the UK: ISIC 2891 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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