Industry Statistics and Trends
Metal Treatment, Coating & Machining in Europe key trends
High energy costs and construction slumps have troubled the industry.
Soaring energy prices have driven up production costs, while volatile steel prices and downstream demand have hurt revenue.
The industry's future relies on downstream sectors.
Looking ahead, promising growth in sectors like construction and auto manufacturing along with an expected rise in Europe's industrial production index, spell heightened sales for metal treatment, coating and machining services.
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Metal Treatment, Coating & Machining in Europe
Industry Revenue
Total value and annual change from 2011-2029. Includes 5-year outlook.
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Metal Treatment, Coating & Machining in Europe market size (2019-2024)
Industry revenue has declined at a CAGR of 4.5 % over the past five years, to reach an estimated €151.2bn in 2024.
Trends and Insights
Many of the processes used to treat, coat and machine metals require high amounts of energy
- Electroplating and heat-treating services involve the use of electricity and high temperatures to alter the properties of metals, making them more durable or suitably altered for their end uses. Similarly, processes like deburring, sandblasting, turning, boring, milling, and laser cutting all require energy to operate the equipment involved in these processes.
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Metal Treatment, Coating & Machining in Europe outlook (2024-2029)
Market size is projected to grow over the next five years.
Embracing a circular economy will be necessary for success in the industry
- The circular economy concept is progressively gaining traction in Europe and will profoundly impact the industry. This approach aims to minimise waste and amplify material recycling, thus reducing environmental impact.
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Revenue
€151.2bn
Employees
1m
Wages
€XX.Xbn
European Leaders & Laggards
* CAGR values are for the years 2019-2024.
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Biggest companies in the Metal Treatment, Coating & Machining in Europe
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
ArcelorMittal SA | 76,351.8 | 10,003.2 | 13.1 | |
Voestalpine AG | 14,800.0 | 1,500.0 | 10.1 | |
Thyssenkrupp Steel Europe AG | 18,500.0 | 6,300.0 | 34.1 |
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Metal Treatment, Coating & Machining in Europe
Products & Services Segmentation
Industry revenue broken down by key product and services lines.
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Top Questions Answered in this Report
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What is the market size of the Metal Treatment, Coating & Machining industry in Europe in 2024?
The market size of the Metal Treatment, Coating & Machining industry in Europe is €151.2bn in 2024.
How many businesses are there in the Metal Treatment, Coating & Machining in Europe industry in 2024?
There are 238k businesses in the Metal Treatment, Coating & Machining industry in Europe, which has grown at a CAGR of 4.8 % between 2019 and 2024.
Has the Metal Treatment, Coating & Machining industry in Europe grown or declined over the past 5 years?
The market size of the Metal Treatment, Coating & Machining industry in Europe has been declining at a CAGR of 4.8 % between 2019 and 2024.
What is the forecast growth of the Metal Treatment, Coating & Machining industry in Europe over the next 5 years?
Over the next five years, the Metal Treatment, Coating & Machining industry in Europe is expected to decline.
What are the biggest companies in the Metal Treatment, Coating & Machining market in Europe?
The biggest companies operating in the Metal Treatment, Coating & Machining market in Europe are ArcelorMittal SA, Voestalpine AG and Thyssenkrupp Steel Europe AG
What does the Metal Treatment, Coating & Machining in Europe include?
Metal coating, engraving and allied services and Electroplating, plating, cleaning, hardening, buffing, anodizing and colouring services are part of the Metal Treatment, Coating & Machining industry.
Which companies have the highest market share in the Metal Treatment, Coating & Machining in Europe?
The company holding the most market share in Europe is ArcelorMittal SA.
Which countries have the most businesses in the Metal Treatment, Coating & Machining industry in Europe?
The European country with the most businesses in the Metal Treatment, Coating & Machining industry is Poland.
How competitive is the Metal Treatment, Coating & Machining industry in Europe?
The level of competition is high and steady in the Metal Treatment, Coating & Machining industry in Europe.
Related Industries
This industry is covered in 37 countries
- Metal Treatment, Coating & Machining in Greece
- Metal Treatment, Coating & Machining in Romania
- Metal Treatment, Coating & Machining in Norway
- Metal Treatment, Coating & Machining in the UK
- Metal Treatment, Coating & Machining in Finland
- Metal Treatment, Coating & Machining in Croatia
- Metal Treatment, Coating & Machining in Slovenia
- Metal Treatment, Coating & Machining in Bulgaria
- Metal Treatment, Coating & Machining in Austria
- Metal Treatment, Coating & Machining in France
- Metal Treatment, Coating & Machining in Lithuania
- Metal Treatment, Coating & Machining in the Netherlands
- Metal Treatment, Coating & Machining in Belgium
- Metal Treatment, Coating & Machining in Hungary
- Metal Treatment, Coating & Machining in Denmark
- Metal Treatment, Coating & Machining in Malta
- Metal Treatment, Coating & Machining in Bosnia & Herzegovina
- Metal Treatment, Coating & Machining in Luxembourg
- Metal Treatment, Coating & Machining in Russia
- Metal Treatment, Coating & Machining in Slovakia
- Metal Treatment, Coating & Machining in Poland
- Metal Treatment, Coating & Machining in Estonia
- Metal Treatment, Coating & Machining in Iceland
- Metal Treatment, Coating & Machining in Europe
- Metal Treatment, Coating & Machining in Spain
- Metal Treatment, Coating & Machining in Portugal
- Metal Treatment, Coating & Machining in Serbia
- Metal Treatment, Coating & Machining in Italy
- Metal Treatment, Coating & Machining in Czechia
- Metal Treatment, Coating & Machining in Sweden
- Metal Treatment, Coating & Machining in Turkey
- Metal Treatment, Coating & Machining in Cyprus
- Metal Treatment, Coating & Machining in Latvia
Table of Contents
About this industry
Industry definition
The industry involves a variety of processes designed to enhance and modify metal materials. It includes techniques like anodizing and plating to protect and decorate metals, heat treatment to alter mechanical properties and various cleaning methods to remove impurities. Also included are diverse non-metallic coating techniques, hardening and buffing. This industry branches further into various machining methods and some companies employ laser technology for precision cutting and writing on metals.
Related Terms
PlatingAnodizingDeburringWhat's included in this industry?
Metal coating, engraving and allied servicesElectroplating, plating, cleaning, hardening, buffing, anodizing and colouring servicesMetal heat-treating servicesNon-metallic coating servicesMetal machining servicesLaser processing servicesCompanies
ArcelorMittal SAVoestalpine AGThyssenkrupp Steel Europe AGIndustry Code
2592 - Treatment and coating of metals; machining in Europe
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Performance
Key Takeaways
Many of the processes used to treat, coat and machine metals require high amounts of energy
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Revenue Highlights
Trends
- Revenue
- 2024 Revenue CAGR
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue in the Metal Treatment, Coating & Machining in Europe industry (2011 -2029)
- Employees in the Metal Treatment, Coating & Machining in Europe industry (2011 -2029)
- Business in the Metal Treatment, Coating & Machining in Europe industry (2011 -2029)
- Profit in the Metal Treatment, Coating & Machining in Europe industry (2011 -2029)
Analysis
What's driving current industry performance in the Metal Treatment, Coating & Machining in Europe industry?
Outlook
Analysis
What's driving the Metal Treatment, Coating & Machining in Europe industry outlook?
Volatility
Analysis
What influences volatility in the Metal Treatment, Coating & Machining in Europe industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Metal Treatment, Coating & Machining in Europe industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
European metal treatment and coating providers are embracing cutting-edge tech and sustainability. From Computer Numerical Control (CNC) in machining services to eco-friendly coatings, trends point towards innovative, efficient and sustainable practices shaping the industry's future.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Metal Treatment, Coating & Machining in Europe industry's products and services performing?
Analysis
What are innovations in the Metal Treatment, Coating & Machining in Europe industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Metal Treatment, Coating & Machining in Europe industry?
International Trade
Highlights
- Largest Importer
- Smallest Importer
- Total Imports into Europe
- Largest Exporter
- Smallest Exporter
- Total Exports into Europe
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Revenue by Region (2024)
- Share of Total Industry Enterprises by Region (2024)
- Share of Total Industry Employment by Region (2024)
- Share of Total Industry Wages by Region (2024)
Industry Geographic Breakdown
Data Tables
Values and annual change provided for 37 European countries:
- Revenue (2024)
- IVA (2024)
- Enterprises (2024)
- Employment (2024)
- Exports (2024)
- Imports (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Economies of scale drive concentration for metal treatment and coating service providers. Manufacturers that have large-scale operations can lower per-unit costs and deliver competitive pricing, alongside maintaining high-quality standards, propelling them ahead in the market competition.
Supply Chain
Charts
Buyer and supply industries
Companies
Market Share
Charts
- Industry Market Share by Company (2019-2024)
Companies
Data Tables
Top 10 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit Margin (2024)
Data Tables
- Countries of operation for ArcelorMittal SA
- Countries of operation for Voestalpine AG
- Countries of operation for Thyssenkrupp Steel Europe AG
- Countries of operation for Bosch Rexroth AG
- Countries of operation for Schuler AG
- Countries of operation for Bodycote plc
- Countries of operation for Alleima AB
- Countries of operation for Tata Steel Ltd
- Countries of operation for Salzgitter AG
- Countries of operation for Melrose Industries plc
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Regulation pushes towards a greener steel industry in Europe. Government regulations and policy initiatives are steering the industry towards more sustainable and environmentally friendly practices. Both legislative mandates and incentives are driving this shift.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Metal Treatment, Coating & Machining in Europe industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Material costs dominate in the industry. Recent geopolitical turmoil escalated these costs, prompting manufacturers to renegotiate supplies, improve efficiencies and explore alternative resources, bracing for stabilisation in 2024.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Metal Treatment, Coating & Machining in Europe industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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