Middle East & Africa Metal Shim Market Size & Outlook
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MEA metal shim market highlights
- The MEA metal shim market generated a revenue of USD 9.4 million in 2023.
- The market is expected to grow at a CAGR of 4.5% from 2024 to 2030.
- In terms of segment, stainless steel was the largest revenue generating material in 2023.
- Aluminum is the most lucrative material segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 9.4 million |
| Market revenue in 2030 | USD 12.8 million |
| Growth rate | 4.5% (CAGR from 2023 to 2030) |
| Largest segment | Stainless steel |
| Fastest growing segment | Aluminum |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Aluminum, Stainless Steel, Brass, Copper, Plastic |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.3% of the global metal shim market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 95.5 million by 2030.
Stainless steel was the largest segment with a revenue share of 29.79% in 2023. Horizon Databook has segmented the Middle East & Africa metal shim market based on aluminum, stainless steel, brass, copper, plastic covering the revenue growth of each sub-segment from 2018 to 2030.
The construction industry in the Middle East & Africa is expanding owing to the large-scale infrastructure projects, commercial developments, and residential construction taking place in the region.
Metal shims are essential in this industry as they are used for aligning components such as beams and columns to ensure the safety and integrity of structures. As construction activities continue to increase in the Middle East & Africa, the demand for metal shims is expected to grow in the region in the coming years.
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Metal Shim Market Scope
Metal Shim Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Trinity Brand Industries | View profile | 11-50 | Park Ridge, Illinois, United States, North America | https://www.trinitybrand.com |
| The Shim Shack | View profile | 1-10 | Harrison, Ohio, United States, North America | https://www.theshimshack.com |
| Superior Washer & Gasket | View profile | 11-50 | Hauppauge, New York, United States, North America | https://www.superiorwasher.com/ |
| Stephens Gaskets | View profile | 11-50 | Oldbury, Sandwell, United Kingdom, Europe | https://www.stephensgaskets.co.uk/ |
| Queensland Gaskets | View profile | 11-50 | Salisbury, South Australia, Australia, Oceania | https://queenslandgaskets.com.au |
| Northern Industrial Manufacturing Corporation | View profile | 101-250 | Harrison Township, Michigan, United States, North America | https://www.northernindmfg.com |
| Mercer Gasket and Shim | View profile | 11-50 | Bellmawr, New Jersey, United States, North America | https://mercergasket.com |
| Houston Manufacturing Specialty | View profile | 11-50 | Houston, Texas, United States, North America | http://www.houmfg.com |
| Georg Martin | View profile | 101-250 | Dietzenbach, Hessen, Germany, Europe | https://georgmartin.com |
| AccuTrex Products, Inc. | View profile | 101-250 | Canonsburg, Pennsylvania, United States, North America | http://www.accutrex.com/ |
| G.L. Huyett | View profile | 101-250 | Minneapolis, Kansas, United States, North America | http://huyett.com |
| Starrett | View profile | - | Itu, Sao Paulo, Brazil, South America | https://www.starrett.com.br |
| Precision Micro | View profile | - | Erdington, Birmingham, United Kingdom, Europe | https://www.precisionmicro.com/ |
| MW Industries | View profile | 5001-10000 | Charlotte, North Carolina, United States, North America | http://www.mwcomponents.com |
| Reliance Inc | View profile | 15500 | 16100 N. 71st Street, Suite 400, Scottsdale, AZ, United States, 85254 | https://www.reliance.com |
Middle East & Africa Metal Shim Market Outlook Share, 2023 & 2030 (US$M)
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