Metal Heat Treating - Market Size, Financial Statistics, Industry Trends

Industry Overview

This U.S. industry comprises establishments primarily engaged in heat treating, such as annealing, tempering, and brazing, and cryogenically treating metals and metal products for the trade. Cross-References.
Source: U.S. Census Bureau

Metal Heat Treating Market Size

This report includes historical and forecasted market sizes and industry trends for Metal Heat Treating. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Metal Heat Treating industry.

Historical Forecasted
2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Market Size (Total Revenue)

Included in Report

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data

Industry Revenue ($ Billions)

Metal Heat Treating Industry Market Size
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024

Industry Forecast ($ Billions)

Metal Heat Treating Industry Forecast
  • 2024
  • 2025
  • 2026
  • 2027
  • 2028
  • 2029
  • 2030


Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Metal Heat Treating industry.

Geographic Breakdown by U.S. State

Metal Heat Treating market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Metal Heat Treating companies in the United States.

Industry Revenue by State [Sample]

Market Size by State

Distribution by Company Size

Company Size All Industries Metal Heat Treating
Small Business (< 5 Employees)

Included

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" Metal Heat Treating company (both public and private companies are included).

Industry Average Percent of Sales
Total Revenue

Included

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

Included

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Products and Services Mix

Product lines and services in the Metal Heat Treating industry accounting for the largest revenue sources.

Product Description Description Revenue
($ Millions)

Metal heat treating

Included

Heat treating of metal for the trade (pickling, annealing, etc.)

Heat treating of metal for the trade, nsk, total

Heat treating of metal for the trade, nsk, admin-records


Compensation and Salary Surveys

Salary information for employees working in the Metal Heat Treating industry.

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 5%

Included

Chief Executives 0%
General and Operations Managers 3%
Office and Administrative Support Occupations 9%
Production Occupations 64%
Supervisors of Production Workers 6%
First-Line Supervisors of Production and Operating Workers 6%
First-Line Supervisors of Production and Operating Workers 6%
Metal Workers and Plastic Workers 29%
Miscellaneous Metal Workers and Plastic Workers 20%
Plating and Coating Machine Setters, Operators, and Tenders, Metal and Plastic 15%
Other Production Occupations 27%
Painting Workers 11%
Coating, Painting, and Spraying Machine Setters, Operators, and Tenders 11%
Miscellaneous Production Workers 9%
Transportation and Material Moving Occupations 11%
Material Moving Workers 9%
Laborers and Material Movers, Hand 8%

Government Contracts

The federal government spent an annual total of $1,269,093 on the Metal Heat Treating industry. It has awarded 58 contracts to 19 companies, with an average value of $66,794 per company.

Top Companies in Metal Heat Treating and Adjacent Industries

Company Address Revenue
($ Millions)

Included