Enjoy complimentary customisation on priority with our Enterprise License!
The fabricated metal products market in Bulgaria will grow at a steady rate and will generate revenues of over USD 1 billion by 2020. Among the numerous market drivers, the recent increase in the construction of infrastructure in this region will aid in the steady growth of this market during the forecast period. The government of Bulgaria is investing extensively in the development of infrastructure in the country to bring it on par with the other EU nations. In Bulgaria, more than USD 1.51 billion has been allocated for the development of infrastructure in the country under the Regional Development Program. The development and rehabilitation of the railway infrastructure is also planned under this scheme. Since the construction projects are technology and material intensive in nature, they require a continuous supply of a wide variety of fabricated metal components.
The recent growth of machining, treatment, and coating of metals segment will also lead to the growth of this market during the forecast period. Due to the increase in FDI inflow, many new manufacturing facilities are being established in this region. Manufacturing companies rely heavily on manufacturers of fabricated metal products for the supply of machined parts, and for treatment and coating of metals. Owing to this increase in industrial and manufacturing activity, the machining, treatment, and coating of metals segment is experiencing accelerated growth in Bulgaria.
This market is competitive and is primarily dominated by the large players as they account for a major part of the market’s overall share.
Top manufacturers in this market are -
According to this market analysis, the structural metal products segment dominated this market by accounting for a market share of approximately 30%. This market segment was closely followed by the machining, treatment and coating of metals segment and the other fabricated metal products segment. The growth of the construction industry in Bulgaria during the forecast period, especially the infrastructural construction sector, is likely to lead to the demand for structural metal products.
Technavio also offers customization on reports based on specific client requirement.
This is preliminary content. The table of contents is subject to change.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Appendix
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.