Chipped away: Declining demand from several downstream industries has reduced revenue

Firms in the Metal Coating and Finishing industry treat a range of metal products to improve their durability, protect them against corrosion or improve their aesthetics. Most industry companies supply services to downstream industrial and construction markets, including metal product manufacturers, and defence, mining and utility operators. Furthermore, the industry provides services to many building and infrastructure construction markets, particularly for high-rise apartments and townhouses, and industrial buildings.A significant contraction in demand for industry services from heavy and civil engineering construction markets and the Mining division have negatively affected the industry over the past five years...read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 14-19
-6.2%
Forecast Growth 19-24
Profit
Employment
9,058
Businesses
1,439
Market Share of Companies

Industry Threats & Opportunities

  • Sharp declines in demand from several downstream industries have negatively affected revenue
  • Industry profit has declined due to wage and depreciation costs rising as shares of revenue
  • Rising demand from heavy and civil engineering construction is projected to drive revenue growth
  • Industry Report - Industry Key Buyers Chapter

    The Metal Coating and Finishing industry displays a low level of market share concentration. The industry has only one major player, and its largest four companies are expected to account for approximately 28% of industry revenue in 2018-19. The industry is highly fragmented, consisting primarily of small operators servicing narrow product segments. According to the ABS, approximately 94% of industry operators employ fewer than 20 members of staff, and over 85% generate less than $2 million in revenue. Some industry consolidation has taken place over the past five years, primarily reflecting declines in domestic demand. However, larger firms have sought to improve their economies of scale through acquisitions and mergers. Thi...purchase to read more.

    Additional Insights for the Metal Coating and Finishing Industry

    IBISWorld has determined the most important Key Success Factors for the Metal Coating and Finishing are:

  • Ability to vary services to suit different needs
  • Having a diverse range of clients
  • Having a good technical knowledge of the product
  • IBISWorld analysts also discuss how external factors such as Demand from heavy and civil engineering construction and World price of zinc in the Metal Coating and Finishing industry impact industry performance..

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    What's in this report

    What is the Metal Coating and Finishing Industry?

    Companies in the industry are mainly engaged in engraving, polishing, heat-treating, plating, galvanising, anodising, colouring, plastic dipping, ceramic coating and finishing metals or metal products that customers supply. Firms that galvanise steel sheets or strips are excluded from the industry.

    Industry Products
  • Galvanising
  • Electroplating, anodising and colouring
  • Electroless plating
  • Heat-treating
  • Engraving and polishing
  • Industry Activities
  • Anodising
  • Brass finishing and plating
  • Cadmium, chromium, copper, gold, nickel and silver plating
  • Metal enamelling and engraving
  • Metal galvanising
  • Metal heat-treating
  • Metal polishing and finishing
  • Metal plastic and powder coating
  • Manufactured metal painting
  • Vitreous enamelling
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from heavy and civil engineering construction
  • World price of zinc
  • Demand from building construction
  • Demand from fabricated metal product manufacturing
  • Household consumption expenditure

  • Current Performance
  • Chart: Revenue Growth

  • Industry Outlook
  • Table: Metal Coating and Finishing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Metal Coating and Finishing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Nut, Bolt, Screw and Rivet Manufacturing
  • Motor Vehicle Parts and Accessories Manufacturing
  • Mining and Construction Machinery Manufacturing
  • Industrial Machinery Manufacturing
  • Metal Drum, Can and Bin Manufacturing

  • Key Selling Industries
  • Basic Inorganic Chemical Manufacturing
  • Copper, Silver, Lead and Zinc Smelting and Refining
  • Paint and Coatings Manufacturing

  • Products & Services
  • Galvanising
  • Electroplating, anodising and colouring
  • Electroless plating
  • Heat-treating
  • Engraving and polishing
  • Chart: Metal Coating and Finishing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Construction industries
  • Manufacturing industries
  • Defence and safety industries
  • Gas and water supply industries
  • Mining industries
  • Other markets
  • Chart: Major Market Segmentation for the Metal Coating and Finishing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Utilities
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Metal Coating and Finishing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Metal Coating and Finishing Industry

  • Industry Globalization
    PPG Industries Australia Pty Ltd,
  • Table: PPG Industries Australia Pty Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Metal Coating and Finishing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Metal Coating and Finishing Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Anodising
  • An electrochemical process that thickens and toughens naturally occurring oxides.
  • Electroplating
  • A process used to improve the appearance or corrosion resistance of a surface by electrodepositing a thin layer of a desired metal.
  • Heat-Treating
  • A combination of heating and cooling operations applied to a metal or alloy in the solid state to obtain desired conditions or properties.
  • Sherardising
  • A galvanising process where target metals are heated in an airtight container with zinc powder, and the zinc then evaporates and diffuses into the target metal.
  • Tempering
  • A heat-treating process for reducing brittleness and removing strains.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Metal Coating and Finishing 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.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Metal Coating and Finishing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Metal Coating and Finishing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Metal Coating and Finishing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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