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Other Non-Ferrous Metal Production in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Other Non-Ferrous Metal Production Market Research Report | SIC C24.450 | Jun 2016

Soldering on: Revenue is forecast to decline less sharply due to improving demand conditions

IBISWorld’s Other Non-Ferrous Metal Production market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Precision Castparts Corporation Precision Castparts Corporation market share
Vale Europe Limited Vale Europe Limited market share
Industry Statistics & Market Size
Revenue
£1bn
Annual Growth 12-17
-10.7%
Annual Growth 17-22
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Profit
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Employment
3,000
Businesses
77
Industry Analysis & Industry Trends

After a highly volatile five years, the revenue of the Other Non-Ferrous Metal Production industry is expected to reach £1.1 billion at the close of 2016-17. The industry's revenue is forecast to fall at a compound annual rate of 10.7% over the five years through 2016-17, largely on account of fluctuations in nickel and titanium prices. Production of these two metals is expected to account for more than two-thirds of the industry's revenue. Nickel prices have fluctuated over the period, while titanium prices peaked in 2011 and have declined since. Low metal prices are expected to underpin the 11.8% fall in revenue expected in 2016-17.

Nickel prices have plummeted twice over the past five years... purchase to read more

Industry Report - Industry Investment Chapter

For every pound the Other Non-Ferrous Metal Production industry spends on depreciation costs, £7.07 is spent on wage expense. Industry wages are forecast to represent 10.6% of revenue in 2016-17. Total wages in the industry have fallen over the past five years, underpinned by abrupt revenue contractions. Spending on depreciable assets has remained subdued over the past five years as the return on investment would not be sufficient for firms to cover their costs in the current trading environment.

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Industry ProductsRelated ReportsTable of Contents

What is the Other Non-Ferrous Metal Production Industry?

Firms in this industry produce non-ferrous metals other than aluminium, copper, lead, zinc and tin (and their alloys). The industry's major products are nickel and nickel alloys.

Industry Products
Refined metalsVarious alloys
 
Industry Activities
Nickel productionTitanium productionManganese productionChrome productionNickel, chrome and manganese alloy productionSemi-manufacturing metals


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