The global Sheet Metal Market is valued at USD 382 billion in 2024, encompassing rolled steel, aluminum, copper, and specialty alloy sheets used across automotive, construction, aerospace, shipbuilding, and consumer goods. Asia Pacific dominates with 62% of global production and consumption, driven by China’s integrated steel mills, India’s expanding automotive sector, and Southeast Asia’s growing construction pipeline. North America and Europe remain critical for high-value applications such as aerospace-grade aluminum, advanced automotive panels, and precision-engineered steel for industrial machinery. Pricing dynamics are closely tied to raw material volatility, energy costs, and downstream demand cycles, with aluminum sheets and galvanized steel sheets commanding premiums in EV and infrastructure projects.
Sheet Metal overview
Published by MMR Statistics Research Team, Updated