Industry Data & Market Research

2023 U.S. Industry Statistics & Market Forecast - Nonferrous Metal Rolling, Drawing, Extruding & Alloying

Market Size & Industry Statistics

The total U.S. industry market size for Nonferrous Metal Rolling, Drawing, Extruding & Alloying: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Nonferrous Metal Rolling, Drawing, Extruding & Alloying market size 2023
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2017        2018        2019        2020        2021        2022
Market Size
(Total Sales/Revenue)

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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee
Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data

Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following extended five-year / six-year demand forecast projects both short-term and long-term trends.

Forecast / Industry Outlook 2023 2024 2025 2026 2027 2028
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Industry Insights

The Nonferrous Metal Rolling, Drawing, Extruding & Alloying industry is currently experiencing several noteworthy trends that are impacting its performance in diverse ways. Firstly, technological advancements are increasingly allowing metal processing equipment manufacturers to produce technologically advanced machines that have increased precision and efficiency compared to previous generations. This technology advancement trend is further supported by industry players who are now investing in advanced software and automation technologies that improve quality control, waste reduction, and energy efficiency.

Secondly, there is a growing concern about environmental sustainability among consumers and the general public, which has led to increased demand for eco-friendly products. The Nonferrous Metal Rolling, Drawing, Extruding & Alloying industry is responding by developing and producing more sustainable products using recycled scrap metals and other sustainable manufacturing materials.

Thirdly, the emergence of digital platforms and the adoption of online business models are providing new opportunities for companies in this industry to increase their global reach and penetration. This trend has created an opportunity for smaller companies and startups to penetrate the market and compete more effectively on price and product quality.

Lastly, increasing competition from other materials such as composites, plastics, and ceramics is slowly eroding the market share for nonferrous metals. Industry players are responding by increasing their innovation efforts and leveraging their technological capabilities to produce products that meet the requirements of modern applications. In summary, the Nonferrous Metal Rolling, Drawing, Extruding & Alloying industry is undergoing significant changes and trends that require companies to remain agile and adaptive to remain competitive.

U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Rent paid on business property
Charitable Contributions
Domestic production activities deduction
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Net Income
Source: AnythingResearch Analysis of U.S. federal statistics

Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Nonferrous Metal Rolling, Drawing, Extruding & Alloying company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Nonferrous Metal Rolling, Drawing, Extruding & Alloying industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Nonferrous Metal Rolling, Drawing, Extruding & Alloying measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.

Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.

Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.

Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 6%

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Chief Executives0%
General and Operations Managers2%
Architecture and Engineering Occupations 5%
Office and Administrative Support Occupations 8%
Installation, Maintenance, and Repair Occupations 8%
Other Installation, Maintenance, and Repair Occupations 7%
Production Occupations 55%
Supervisors of Production Workers 5%
First-Line Supervisors of Production and Operating Workers 5%
First-Line Supervisors of Production and Operating Workers 5%
Assemblers and Fabricators 6%
Metal Workers and Plastic Workers 32%
Forming Machine Setters, Operators, and Tenders, Metal and Plastic 12%
Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic 10%
Metal Furnace Operators, Tenders, Pourers, and Casters 6%
Metal-Refining Furnace Operators and Tenders 5%
Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic 5%
Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic 5%
Other Production Occupations 11%
Transportation and Material Moving Occupations 7%
Material Moving Workers 6%
Source: Bureau of Labor Statistics

Nonferrous Metal Rolling, Drawing, Extruding & Alloying Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Nonferrous Metal Rolling, Drawing, Extruding & Alloying industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Nonferrous Metal Rolling, Drawing, Extruding & Alloying industry and adjacent sectors:

Market Leaders:
Direct Competitors

Companies with the largest market share, focused in this industry
Market leaders:
Diversified Competitors

Largest companies that have diversified operations in this and other industries
Direct Competitors

Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.
Diversified Competitors

Innovators and Disruptors in adjacent industries that may also affect the Nonferrous Metal Rolling, Drawing, Extruding & Alloying industry.

Executive Briefings

The titanium metals industry is a highly-competitive and cyclical global business. Titanium competes with other materials, including certain stainless steel, other nickel-based high-temperature and corrosion resistant alloys, newer aluminum alloys, and composites. A metal manufacturing company with rolling and finishing facilities could participate in the mill product segment of the industry, although it would either need to acquire intermediate product from an existing source or further integrate to include vacuum melting and forging operations to provide the starting stock for further rolling. In addition, many end-use applications, especially in the aerospace industry, require rigorous testing, approvals, and customer certification prior to purchase, which requires a manufacturer to expend significant time and capital and possess extensive technical expertise, given the complexity of the specifications often required by customers.Consumers of titanium products in the aerospace industry tend to be very large and highly concentrated. Direct purchases from these companies and their families of subcontractors account for a majority of aerospace products manufactured for large commercial aerospace and defense applications.5 Producers of titanium mill products are primarily located in the U.S., Japan, Russia, Europe, and China. The Company participates directly in the titanium mill product business primarily through its Titanium Segment. The Company’s principal competitors in the aerospace titanium mill product market are Allegheny Technologies Incorporated (NYSE: ATI) and Precision Castparts Corporation (NYSE: PCP), both based in the United States, and Verkhnaya Salda Metallurgical Production Organization (RU: VSMO), based in Russia. The Company competes with these companies primarily on the basis of price, quality of products, technical support, and the availability of products to meet customers’ delivery schedules.The EP Rti International Metals

Government Contracts

In 2022, the federal government spent a total of $1,229,591,359 on Nonferrous Metal Rolling, Drawing, Extruding & Alloying. It has awarded 1612 contracts to 171 companies, with an average value of $7,190,593 per company.   

Most Recent Contracts Date Total Award Amount
1650 Nw 66th Ave
Plantation, FL
Jun 26, 2023$3,155