US demand for paper industry machinery (including parts and attachments) is forecast to reach $3.6 billion in 2022. Suppliers will benefit from increases in paper and paperboard production, which will support investments in new, more efficient machinery and upgraded parts.
April 9, 2018MV transmissions and powertrain parts compose the largest product segment of the US power transmission component market. Rising fuel economy standards have spurred the development of advanced transmissions, such as continuously variable transmissions (CVTs) and dual-clutch transmissions (DCTs), that improve fuel efficiency and boost product value. As standards continue to rise, demand for these transmissions will expand further.
October 11, 2017Additive manufacturing, or 3D printing, has the potential to revolutionize both prototyping and manufacturing in the field of industrial casting. By fusing metal powders, manufacturers can rapidly create near-net castings from designs, reducing the costs of metal finishing and material removal. The aerospace industry is ground zero for such innovation, with players like GE Aviation, a subsidiary of General Electric, taking the lead.
November 13, 2017Aerospace equipment shipments are projected to see growth through 2022. However, as these aircraft are increasingly designed with lighter composite materials, metal service centers may have trouble adapting to this decline in demand from aircraft producers.
June 20, 2018For the metal stamping industry, automotive manufacturing is the leading market, accounting for nearly 80% of demand in 2016. However, this market is expected to be tepid, prompting the industry to look elsewhere for growth.
June 29, 2017US lime demand is forecast to reach 18.9 million metric tons in 2021. Rising manufacturing output and construction activity will support lime consumption.
October 16, 2017Following the slight downturn in aerospace manufacturing after events such as the grounding of the 737 MAX by Boeing, growth in the demand for bearings and other power transmission components began to wane. However, the aerospace sector is projected to see 3.1% growth through 2023.
October 9, 2019With no established commercial cultivation of natural rubber in the US, demand for natural rubber is met by imports from countries such as Indonesia and Thailand. Due to the necessity of natural rubber in various products (e.g., tires), rubber product manufacturers and other industry participants are researching ways to produce natural rubber outside of tropical climates, including in the US, to try to avoid price volatility as well as the relatively high price of natural rubber in the current natural rubber supply.
October 9, 2019The US fabricated metals industry is highly affected by construction markets, as a significant amount of fabricated metal products are used in various construction projects. Robust growth in construction activity – both in the US and in key export markets – is allowing fabricated metal producers, particularly those specializing in structural metals, to forge a better path to 2021...
March 12, 2017The fabricated metal products industry is one of many targeted in the Trump administration’s recently imposed tariffs, and like other industries, the potential outcomes are largely unknown. Retaliatory tariffs are mounting. Will the smaller actors in the US fabricated metal products industry maximize their capabilities and expand to meet rising demand?
August 15, 2018