Companies Included: Arcelor Mittal, POSCO, Nippon
Steel & Sumitomo Metal, LafargeHolcim, JFE
The metal and mineral manufacturing industry comprises
organizations engaged in refining, smelting ferrous and nonferrous metals from
ore, pig or scrap, using electrometallurgical techniques. This industry also
includes the production of metal alloys, super alloys and minerals.
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The global metal and mineral
manufacturing market has been growing in the past years with a CAGR of almost 2%.
The year 2017 recorded high growth in this market with a net market value
almost 6% higher than that of 2013, as per TBRC’s in-house consultants.
TBRC’s latest report show the historic
and future trends in the market for each year with sourced reasons to support
the growth claims.
The report also shows the
global metal and mineral manufacturing market to grow at a higher CAGR by 2021
as compared to 2017, along with geographies best suited for investments with
highest return rate.
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sample report at:
Many metal and mineral manufacturing
companies are using robotics and automation to improve plant efficiency and
productivity. Sensors are being used in various machines to access invaluable
data for improving efficiencies and reduce potential breakdowns. For instance,
according to a report by Boston Consulting Group (BCG) in 2015, 1.2 million
industrial robots are expected to be deployed by 2025, thus indicating rise in
automation and robotics technology adoption to improve productivity and reduce
production costs.
Companies included in the report are Arcelor
Mittal, POSCO, Nippon Steel & Sumitomo Metal, LafargeHolcim, and JFE.
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