Secondary Smelting, Refining & Alloying of Nonferrous Metal Industry - Market Size, Trends, and Growth - 2025-2030
Industry Overview
This U.S. industry comprises establishments primarily engaged in (1) alloying purchased nonferrous metals and/or (2) recovering nonferrous metals from scrap. Establishments in this industry make primary forms (e.g., bar, billet, bloom, cake, ingot, slab, slug, wire) using smelting or refining processes.
Source: U.S. Census BureauMarket Size and Industry Forecast
This research report analyzes the market size and trends in the Secondary Smelting, Refining and Alloying of Nonferrous Metal industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.
| 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 dataIndustry Revenue ($ Billions)
Industry Forecast ($ Billions)
Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.
Geographic Breakdown by U.S. State
Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Secondary Smelting, Refining & Alloying of Nonferrous Metal companies in the United States.
Secondary Smelting, Refining & Alloying of Nonferrous Metal Revenue by State
Distribution by Company Size
| Company Size | All Industries | Secondary Smelting, Refining & Alloying of Nonferrous Metal |
|---|
| Small Business (< 5 Employees) | Included |
| Small Business (5 - 20) |
| Midsized Business (20 - 100) |
| Large Business (100 - 500) |
| Enterprise (> 500) |
Secondary Smelting, Refining & Alloying of Nonferrous Metal Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:
- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" 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
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 Ratio | Industry 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 Secondary Smelting, Refining & Alloying of Nonferrous Metal industry accounting for the largest revenue sources.
| Product Description | Description | Revenue
($ Millions) |
|---|
Secondary processing of other nonferrous | Included |
Other nonferrous metal powders, paste, and flakes |
Other secondary nonferrous metal powders, paste, and flakes |
Secondary smelting, refining, and alloying of zinc |
Refined secon. alloyed & unalloyed zinc & ASTM specification zinc |
Secondary precious metals and precious metal alloys |
Secon. precious metals & metal alloys of other precious metals |
All other miscellaneous secondary nonferrous metals |
All other second. nonferrous prod. process. includ. unalloy. lead |
Secondary processing of other nonferrous, nsk, total |
Salary information for employees working in the Secondary Smelting, Refining & Alloying of Nonferrous Metal industry.
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 6% | Included |
| Chief Executives | 0% |
| General and Operations Managers | 2% |
| Architecture and Engineering Occupations | 5% |
| Office and Administrative Support Occupations | 8% |
| Installation, Maintenance, and Repair Occupations | 9% |
| Other Installation, Maintenance, and Repair Occupations | 8% |
| Production Occupations | 56% |
| Metal Workers and Plastic Workers | 37% |
| 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 | 8% |
| Metal-Refining Furnace Operators and Tenders | 6% |
| Other Production Occupations | 12% |
| Miscellaneous Production Workers | 5% |
| Transportation and Material Moving Occupations | 6% |
Government Contracts
The federal government spent an annual total of
$499,308 on the secondary smelting, refining & alloying of nonferrous metal industry. It has awarded 29 contracts to 12 companies, with an average value of $41,609 per company.
Top Companies in Secondary Smelting, Refining & Alloying of Nonferrous Metal and Adjacent Industries
| Company | Address | Revenue
($ Millions) |
|---|
Included |
