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Other Non-Ferrous Metal Production in the UK - Market Research Report (2014-2029)

Martha Garcia Guerrero Martha Garcia Guerrero London, United Kingdom Last Updated: August 2024 SIC C24.450

Revenue

£7.6bn

2024-25

£7.6bn

Past 5-Year Growth

Profit

£XXX.Xm

Employees

25,073

Businesses

259

Wages

£X.Xbn

Other Non-Ferrous Metal Production in the UK industry analysis

The Other Non-Ferrous Metal Production industry's revenue is expected to hike at a compound annual rate of 4.2% over the five years through 2024-25 to £2.2 billion. Owing mostly to soaring non-ferrous metal price inflation in 2022-23 due to the Russia-Ukraine conflict. Since Russia and (to a lesser degree) Ukraine are both major exporters of ores containing nickel, titanium and other non-ferrous metals, the Russia-Ukraine conflict has significantly disrupted the global market for these metals, driving up costs and inflating revenue.

Trends and Insights

  • Vehicle manufacturing decline impacts metal industry. A long-standing downward trend in UK vehicle production presents challenges for domestic metal producers, who heavily rely on this industry yet are increasingly forced into exports to EU car makers.
  • High ore prices impact titanium-based products. A surge in titanium ore prices, prompted by the Russia-Ukraine conflict disturbing supplies, has negatively affected the affordability of titanium and its alloys, utilised extensively in high-performance manufacturing.
  • Strategic proximity spurs industry growth. By offering easy access to major ports and downstream manufacturers, regions like the South East and Midlands serve as attractive bases for non-ferrous metal producers.
  • Regulation and high start-up costs are common industry challenges. Manufacturers must navigate stringent environmental laws and secure significant capital for machinery and automation technology necessary for large-scale production.

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  • Market estimates from 2014-2029
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
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Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has declined at a CAGR of 2.1 % over the past five years, to reach an estimated £7.6bn in 2024.

Trends and Insights

Budding vehicle manufacturing boosts non-ferrous metals sales

  • Non-ferrous metals are widely used in vehicle manufacturing. Nickel, for example, is widely used in car manufacturing to create bright finishes on parts like bumpers, wheels and grilles.
  • Additional trends and insights available with purchase
Other Non-Ferrous Metal Production in the UK
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

Industry outlook (2024-2029)

Market size is projected to decline over the next five years.

Trends and Insights

Stainless steel manufacturers will remain an important source of demand for nickel

  • Non-ferrous metals are commonly used to make steel alloys, with stainless steel manufacturers making up a significant source of nickel sales.

Biggest companies in the Other Non-Ferrous Metal Production in the UK

Company
Market Share (%)
2025
Revenue (£m)
2025
Precision Castparts Corporation
498.2
AMG Chrome Ltd
256.8
Vale Europe Ltd
88.5

To view the market share and analysis for all 3 top companies in this industry, view purchase options.

Products & Services Segmentation

Other Non-Ferrous Metal Production in the UK
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Titanium and titanium-based alloy products, Nickel and nickel-based alloy products and Other non-ferrous metal products. Titanium and titanium-based alloy products is the largest segment of the Other Non-Ferrous Metal Production in the UK.

Trends and Insights

The shift to electric vehicles supports sales of nickel and nickel-based alloy products

  • Nickel and nickel-based alloy products are primarily used for stainless steel and lithium-ion batteries.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

Companies in this industry produce non-ferrous metals other than aluminium, copper, lead, zinc and tin (and their alloys). The industry’s major products are nickel and titanium.

What's included in this industry?

Titanium and titanium-based alloy productsNickel and nickel-based alloy products Other non-ferrous metal products

Companies

Precision Castparts CorporationAMG Chrome LtdVale Europe Ltd

Purchase this report to view all 3 major companies in this industry.

Related Terms

ALLOYSTAINLESS STEELNON-FERROUS METAL

Industry Code

SIC 2007

SIC 24.45 - Other Non-Ferrous Metal Production in the UK

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

Vehicle manufacturing decline impacts metal industry. A long-standing downward trend in UK vehicle production presents challenges for domestic metal producers, who heavily re...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

High ore prices impact titanium-based products. A surge in titanium ore prices, prompted by the Russia-Ukraine conflict disturbing supplies, has negatively affected the affor...

In this chapter

  • Products & Services
  • Major Markets
  • International Trade

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level
  • Total imports, level and trend
  • Total exports, level and trend
  • Trade Balance

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024
  • International trade, including imports by country and exports by country

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services
  • Recent trends in import and export volumes, country of origin or destination, and expected future trends

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

Strategic proximity spurs industry growth. By offering easy access to major ports and downstream manufacturers, regions like the South East and Midlands serve as attractive b...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2024

Tables

  • Number and share of establishments in each region in 2024
  • Number and share of revenue each region accounts for in 2024
  • Number and share of wages each region accounts for in 2024
  • Number and share of employees in each region in 2024

Detailed analysis

  • Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

Regulation and high start-up costs are common industry challenges. Manufacturers must navigate stringent environmental laws and secure significant capital for machinery and a...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2019-2024
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

Precision Castparts leads in manufacturing complex metal components. Supplying critical metal components to industries such as aerospace, industrial gas turbines, and defence...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2020 through 2024
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2024
  • Overview of Precision Castparts Corporation's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of AMG Chrome Ltd's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Vale Europe Ltd's performance by revenue, market share and profit margin from 2018 through 2024

Detailed analysis

  • Description and key data for Precision Castparts Corporation, and factors influencing its performance in the industry
  • Description and key data for AMG Chrome Ltd, and factors influencing its performance in the industry
  • Description and key data for Vale Europe Ltd, and factors influencing its performance in the industry

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

Regulatory compliance is important in metal producing. UK manufacturing firms must secure appropriate permissions and meet required standards to maximise their business opera...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2014-2029) 
  • Assistance historical data and forecast (2014-2029) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

Profit hit by high energy and ore costs. Non-ferrous metal producers have struggled amidst high energy costs and a choppy global market, limiting non-ferrous metal sales and ...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Investment vs. share of economy

Data tables

  • Liquidity Ratios (2018-2022)
  • Coverage Ratios (2018-2022)
  • Leverage Ratios  (2018-2022)
  • Operating Ratios (2018-2022)
  • Assets (2018-2022)
  • Liabilities (2018-2022)
  • Cash Flow & Debt Service Ratios (2014-2029)
  • Revenue per Employee (2014-2029)
  • Revenue per Enterprise (2014-2029)
  • Employees per Establishment (2014-2029)
  • Employees per Enterprise (2014-2029)
  • Average Wage (2014-2029)
  • Wages/Revenue (2014-2029)
  • Establishments per Enterprise (2014-2029)
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

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)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Other Non-Ferrous Metal Production in the UK industry in United Kingdom in 2024?

The market size of the Other Non-Ferrous Metal Production in the UK industry in United Kingdom is £7.6bn in 2024.

How many businesses are there in the Other Non-Ferrous Metal Production in the UK industry in 2024?

There are 259 businesses in the Other Non-Ferrous Metal Production in the UK industry in United Kingdom, which has grown at a CAGR of 0.2 % between 2019 and 2024.

Has the Other Non-Ferrous Metal Production in the UK industry in United Kingdom grown or declined over the past 5 years?

The market size of the Other Non-Ferrous Metal Production in the UK industry in United Kingdom has been declining at a CAGR of 2.1 % between 2019 and 2024.

What is the forecast growth of the Other Non-Ferrous Metal Production in the UK industry in United Kingdom over the next 5 years?

Over the next five years, the Other Non-Ferrous Metal Production in the UK industry in United Kingdom is expected to decline.

What are the biggest companies in the Other Non-Ferrous Metal Production in the UK market in United Kingdom?

The biggest companies operating in the Other Non-Ferrous Metal Production market in United Kingdom are Precision Castparts Corporation, AMG Chrome Ltd and Vale Europe Ltd

What does the Other Non-Ferrous Metal Production in the UK in United Kingdom include?

Titanium and titanium-based alloy products and Nickel and nickel-based alloy products are part of the Other Non-Ferrous Metal Production in the UK industry.

Which companies have the highest market share in the Other Non-Ferrous Metal Production in the UK in United Kingdom?

The company holding the most market share in United Kingdom is Precision Castparts Corporation.

How competitive is the Other Non-Ferrous Metal Production in the UK industry in United Kingdom?

The level of competition is moderate and increasing in the Other Non-Ferrous Metal Production in the UK industry in United Kingdom.

Related Industries

Widen your competitive advantage with related industries

Competitors

  • There are no industries to display.

Complementors

  • There are no industries to display.

International industries

  • Nonferrous Metal Refining in the US
  • Copper, Zinc & Lead Refining in Canada
  • Gold and Other Non-Ferrous Metal Processing in Australia

View all industries in United Kingdom

Methodology

How are IBISWorld reports created?

IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in the UK include:

  • Office for National Statistics
  • Office for Budget Responsibility
  • Bank of England

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

Learn more about our methodology and data sourcing on the Help Center.