Industry Analysis & Industry Trends
Until the global recession began to take effect on the Australian economy, the Metal Coating and Finishing industry had been polishing up well. The industry was in the midst of a strong growth phase, benefiting from strong downstream demand and high commodity prices. Although the economic downturn of 2008-09 has shaken the global economy significantly, the overall industry experienced minimal disruption and continued growing, although at a more subdued rate. The Australian Government provided significant demand-stimulating assistance to the industry's downstream buyers and this propped up revenue for the industry. The industry is expected to grow by 0.7% to $1.77 billion in 2012-13, with a five-year annualised growth rate of 0.9%... purchase to read more
Industry Report - Industry Key Buyers Chapter
Industry concentration measures the extent to which major players dominate an industry. The Metal Coating and Finishing industry is characterised by a low and relatively stable level of concentration. IBISWorld expects that the largest industry player is PPG Industries, accounting for 10.3% of industry revenue in 2012-13. Valmont is the second largest operator in the market, representing approximately 5.4% of industry revenue through its subsidiary, Industrial Galvanizers Corporation. The four largest operators in the industry represent about 20.2% of revenue, characterising a low concentration industry.
Firms are generally small and unable to service the large range of product segments. Most operators are located close to their clients to reduce transportation costs... purchase to read more