Supporting demand: Demand for structural metal products has been boosted by housing starts

The Structural Metal Product Manufacturing industry uses raw metal materials to produce a range of products including steel beams, trusses and brackets that are essential for the construction of multi-storey buildings, wide-span structures and roofs. The industry has benefited from a construction boom in the Republic of Ireland over the past five years. The industry began at a high base as a result of a surge in demand from the non-residential construction sector. Demand from residential, non-residential and civil engineering clients increased throughout the period. In the residential market, demand for metal structures was supported by a significant expansion in the number of housing starts...read more.

Industry Statistics & Market Size
Revenue
£2.7bn
Annual Growth 13-18
5.2%
Forecast Growth 18-23
Profit
Employment
17,562
Businesses
3,134
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Changing steel prices have weighed on industry profitability over the past five-year period
  • Firms have expanded their production capacity and product ranges over the past five years
  • The civil engineering sector is expected to provide new opportunities for industry operators
  • Industry Report - Industry Key Buyers Chapter

    The Structural Metal Product Manufacturing industry exhibits a low level of market share concentration. The three largest firms are estimated to generate 9% of industry revenue in 2018. Kingspan Ltd has grown strongly over the past five years by securing supply contracts for major commercial and public-sector projects. The company benefits from economies of scale and offers a wide range of products targeted at both residential and non-residential construction markets. The industry is highly fragmented and the majority of firms in the industry are small-scale manufacturers that serve a limited geographical region...purchase to read more.

    Additional Insights for the Structural Metal Product Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Structural Metal Product Manufacturing Industry are

  • Economies of scale
  • Proximity to key markets
  • Access to highly skilled workforce
  • IBISWorld analysts also discuss how external factors such as residential building construction index and Government capital expenditure in the Structural Metal Product Manufacturing industry impact industry performance..

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    What's in this report

    What is the Structural Metal Product Manufacturing in Ireland Industry?

    This industry involves the manufacture of structural metal products such as metal frameworks or parts for construction. This also includes fabricated metal used in external and internal parts of buildings including doors and windows made from metal.

    Industry Products
  • Metal frameworks for construction
  • Prefabricated buildings
  • Metal parts for construction
  • Metal frameworks for industrial use
  • Industry Activities
  • Manufacturing metal frameworks or skeletons for construction
  • Manufacturing metal parts for construction
  • Manufacturing metal frameworks for industrial applications
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • residential building construction index
  • Government capital expenditure
  • World price of steel
  • Consumer sentiment index
  • Exchange rate - euros per US dollar

  • Current Performance
    Home and awayOutput and employmentIndustry profitability
  • Chart: Revenue Growth

  • Industry Outlook
    Building demandDented profit
  • Table: Structural Metal Product Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Structural Metal Product Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Electricity Production in Ireland
  • Warehousing & Storage in Ireland
  • Building Construction in Ireland

  • Key Selling Industries
  • Iron & Steel Manufacturing in Ireland

  • Products & Services
  • Metal frameworks for construction
  • Prefabricated buildings
  • Metal parts for construction
  • Metal frameworks for industrial use
  • Chart: Structural Metal Product Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Non-residential property construction
  • Residential property construction
  • Other sectors
  • Civil engineering
  • Chart: Major Market Segmentation for the Structural Metal Product Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Structural Metal Product Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Structural Metal Product Manufacturing Industry

  • Industry Globalization
    Kingspan Ltd,
  • Table: Kingspan Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Structural Metal Product Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Structural Metal Product Manufacturing Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Beam
  • A formed component used to bear loads on construction projects. Common steel beams include I-beams, H-beams, T-beams and U-beams.
  • Prefabricated Structure
  • Off-site assembly of a metal structure
  • Purlin
  • A horizontal structural component in a roof that sits on rafters or beams and supports the load from the roof deck.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Structural Metal Product Manufacturing in Ireland market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Structural Metal Product Manufacturing in Ireland:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Structural Metal Product Manufacturing in Ireland market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Structural Metal Product Manufacturing in Ireland, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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