Industry Analysis & Industry Trends
The Metal Structure Manufacturing industry produces a range of products. Steel beams, purlins, trusses and brackets are essential for constructing multi-storey buildings, wide-span structures and roofs. Prefabricated metal buildings are used for applications ranging from classrooms, tourist cabins and Olympic venues to the construction of site offices and public toilets. The industry is expected to generate revenue of £6.1 billion in the current year, a decrease of 3.5% on the previous year. Industry revenue is projected to decline at a compound annual rate of 3.2% over the five years through 2016-17. Despite strong demand from the domestic construction industry, metal structure manufacturers have suffered due to the influx of cheap imported steel from China and Russia... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry has a low market share concentration. The four largest companies are estimated to contribute 16.8% of industry revenue in 2016-17. The industry is characterised by many small- to medium-sized firms that serve customers in narrow geographic and product markets. The fragmented nature of the industry is reflected in the average number of employees per establishment. Figures from the Office for National Statistics show that 80.2% of establishments employ less than 20 people while only 2.5% employ 100 or more people. Only a handful of manufacturers supply orders nationwide, including Kingspan, Tata Steel Europe, Shepherd Group, Laing O’Rourke, Voestalpine and Severfield.
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