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2025 U.S. Industry Statistics & Market Forecast - Nonferrous Metal Smelting and Refining


Market Size & Industry Statistics

The total U.S. industry market size for Nonferrous Metal Smelting and Refining: 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 Smelting and Refining market size 2025
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics        2020        2021        2022        2023        2024
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 forecast projects both short-term and long-term trends.



Nonferrous Metal Smelting and Refining market forecast 2024-2028


Forecast / Industry Outlook 2025 2026 2027 2028 2029
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Industry Insights

Major trends affect the Nonferrous Metal Smelting and Refining industry include:
  1. Rising energy costs
  2. Increasing environmental regulations
  3. Technological advancements in smelting processes
  4. Globalization and trade policies
  5. Volatility in metal prices
  6. Supply chain uncertainties
  7. Demand for sustainable and recycled metals
  8. Shifts in consumer electronics market
  9. Growth in electric vehicle (EV) production
  10. Impact of geopolitical tensions on resource availability
  11. Innovation in extraction and refining technologies
  12. Adoption of IoT and automation in operations
  13. Fluctuations in currency exchange rates
  14. Availability of investment for mining projects
  15. Changes in labor market dynamics


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 Average Percent 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
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
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 Smelting and Refining 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 Smelting and Refining 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 Smelting and Refining 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 Smelting and Refining Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Nonferrous Metal Smelting and Refining 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 Smelting and Refining 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
Innovators:
Direct Competitors

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

Innovators and Disruptors in adjacent industries that may also affect the Nonferrous Metal Smelting and Refining industry.
Source:
IncFact


Latest Industry News

  • Centre charts roadmap for six-fold rise in copper, aluminium output - Centre unveils strategic roadmap to boost copper and aluminium output via capacity expansion, global mineral asset acquisition and higher recycling (07/04/2025)
  • Metals smelting is the West's next critical minerals crisis - Global supply chains are already reeling from the impact of China's rare earth export controls, but an even bigger critical minerals threat is looming. (07/03/2025)
  • Jointly Building a New Cambodia-China Metal Hub [Regenerated Metal Forum] - With the completion of National Highway 1 and the advancement of the China-Cambodia joint canal development project, the region has attracted an increasing number of international enterprises to invest. As a result, logistics efficiency has significantly improved, and international cooperation has also deepened. (06/24/2025)
  • TMC Announces Strategic Investment from Korea Zinc - a World-Leader in Non-Ferrous Metal Refining and pCAM Technology - to Advance Development of Deep-Seabed Critical Minerals ... - Korea Zinc is the world’s leading non-ferrous metal smelting company, processing over 1.2 million tons of 18 different metals annually, including zinc, lead, silver, indium, nickel, cobalt ... (06/16/2025)
  • TMC Announces Strategic Investment From Korea Zinc - A World-Leader In Non-Ferrous Metal Refining And Pcam Technology - MENAFN.COM - Korea Zinc is the world's leading non-ferrous metal smelting company, processing over 1.2 million tons of 18 different metals annually, including zinc, lead, silver, indium, nickel, cobalt, copper ... (06/16/2025)
  • TMC Announces Strategic Investment from Korea Zinc — a World-Leader in Non-Ferrous Metal Refining and pCAM Technology — to Advance Development of Deep-Seabed Critical ... - Korea Zinc Co., Ltd., (Korea Zinc) will make a strategic equity investment in TMC of $85.2 million in exchange for 19.6 million common shares at the last market closing price of $4.34 per ... (06/16/2025)
  • TMC Announces Strategic Investment from Korea Zinc - a World-Leader in Non-Ferrous Metal Refining and pCAM Technology - The Manila Times - NEW YORK, June 16, 2025 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) ("TMC” or the "Company”), a leading explorer of the world's largest undeveloped resource of critical metals essential to energy, defense, manufacturing, and infrastructure, today announced that Korea Zinc, a world leader in non-ferrous metal refining and precursor Cathode Active Material (pCAM) technology, has agreed to make a strategic investment of approximately $85.2 million in the Company ... (06/16/2025)
  • TMC Announces Strategic Investment from Korea Zinc — a World-Leader in Non-Ferrous Metal Refining and pCAM Technology - The Spec - Korea Zinc Co., Ltd., (Korea Zinc) will make a strategic equity investment in TMC of $85.2 million in exchange for 19.6 million common shares at the last market closing price (06/16/2025)
  • Yunnan Copper: Plans to Acquire 40% Stake in Liangshan Mining, Enabling Effective Strengthening in Resource Reserves and Capacity Layout - Liangshan Mining possesses high-quality copper resources such as the Lala Copper Mine and the Hongnipo Copper Mine. Currently, it can produce approximately 13,000 mt of copper concentrates, 119,000 mt of copper anodes, and 400,000 mt of industrial sulphuric acid annually. (05/26/2025)
  • Mining in Globe-Miami area marked by innovation - The Miami smelter resulted from the need of refining the concentrates of the ... was developed to enhance the production of non-ferrous metals (not magnetic, corrosion-resistant metals lacking ... (05/23/2025)