Global Sheet Metal Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Material Type ;

Stainless steel, Aluminum, Brass, Tin, Titanium, Zinc and Others.

By Thickness;

Less than 1 mm, 1-6 mm and Greater than 6mm.

By Application;

Automotive & Transportation, Building & Construction, Industrial Machinery, Oil & Gas, Commercial and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn730999456 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Sheet Metal Market (USD Million), 2021 - 2031

In the year 2024, the Global Sheet Metal Market was valued at USD 335,885.58 million. The size of this market is expected to increase to USD 478,962.53 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.2%.

The continuous expansion of the building and construction sector serves as a significant driver for the sheet metal market, especially in the U.S. Sheet metal products are extensively used in various construction applications due to their high strength and durability. These products are integral components in the construction of sturdy structures such as roofing, ductwork, rain gutters, and industrial shades. Moreover, their thin and lightweight nature makes them easy to transport and install, contributing to efficiency and cost-effectiveness in construction projects. Additionally, sheet metal offers excellent resistance to moisture and corrosion, making it well-suited for use in diverse weather conditions and environments. These inherent advantages of sheet metal make it a preferred choice for builders and contractors in the construction industry.

In line with the demand for lightweight materials and advanced alloys, the adoption of titanium and aluminum-based sheet metal products is expected to drive growth in the sector. Titanium, known for its superior strength-to-weight ratio compared to steel, is increasingly alloyed with other metals to enhance its physical and chemical properties. The aerospace industry, in particular, relies heavily on titanium for various applications such as aircraft skin, structural components, engine parts, and hydraulic systems. As the aerospace sector continues to expand, the demand for titanium sheet metal is projected to rise, further fueling market growth.

The sheet metal market may face challenges due to the growing trend among automakers to form partnerships with manufacturers of carbon fiber. Carbon fiber, renowned for its exceptional strength and lightweight properties, is gaining traction in industries such as automotive and heavy machinery. Automakers are increasingly incorporating carbon fiber components to reduce vehicle weight, improve fuel efficiency, and enhance performance. Similarly, in heavy industries, the utilization of carbon fiber components in machine arms can lead to significant improvements in operational efficiency and cost savings. As carbon fiber emerges as a competitive alternative to traditional sheet metal materials, it may pose a restraint on the growth of the sheet metal market, particularly in sectors where lightweight and high-performance materials are prioritized.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Material Type
    2. Market Snapshot, By Thickness
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Sheet Metal Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growth in Construction Sector
        2. Advantages of Sheet Metal
        3. Increasing Use of Lightweight Materials
      2. Restraints
        1. Competition from Alternative Materials
        2. Fluctuating Raw Material Prices
        3. Environmental Concerns
      3. Opportunities
        1. Expansion in Construction Sector
        2. Rise in Automotive Industry
        3. Sustainable Solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Sheet Metal Market, By Material Type, 2021 - 2031 (USD Million)
      1. Stainless steel
      2. Aluminum
      3. Brass
      4. Tin
      5. Titanium
      6. Zinc
      7. Others
    2. Global Sheet Metal Market, By Thickness, 2021 - 2031 (USD Million)
      1. Less than 1 mm
      2. 1-6 mm
      3. Greater than 6mm
    3. Global Sheet Metal Market, By Application, 2021 - 2031 (USD Million)
      1. Automotive & Transportation
      2. Building & Construction
      3. Industrial Machinery
      4. Oil & Gas
      5. Commercial
      6. Others
    4. Global Sheet Metal Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Moulds Pvt. Ltd.
      2. SSR Metals Private Limited.
      3. Fabrinox
      4. United States Steel Corporation
      5. Nucor Corporation
      6. General Sheet Metal Works Inc
      7. Bud Industries Inc
      8. BlueScope Steel Limited
      9. ATAS International Inc
      10. A&E Manufacturing Company
      11. ABC Sheet Metal
      12. Associated Materials LLC
      13. Dulocos Conveyors
  7. Analyst Views
  8. Future Outlook of the Market