NAICS 4235 - Metal and Mineral (except Petroleum) Merchant Wholesalers
This industry comprises establishments primarily engaged in the merchant wholesale distribution of products of the primary metals industries. Service centers maintain inventory and may perform functions, such as sawing, shearing, bending, leveling, cleaning, or edging, on a custom basis as part of sales transactions.
Industry trends:
The Metal and Mineral (except Petroleum) Merchant Wholesalers industry (NAICS 4235) has been experiencing significant qualitative changes, characterized by a shift towards digital transformation, sustainability, and regional diversification. Companies in the sector are increasingly adopting advanced technologies such as AI and blockchain to streamline supply chain operations and increase transparency. This digital shift is expected to enhance efficiency and reduce costs.
Another critical trend is the growing emphasis on sustainability. Firms are actively seeking to reduce their carbon footprints by incorporating recycled materials and investing in renewable energy sources for their operations. The demand for eco-friendly metals and minerals is expected to rise, driven by stringent regulatory requirements and consumer preference for sustainable products.
Regional diversification is also gaining momentum as businesses look to reduce dependency on specific markets. Companies are expanding their geographic footprint to tap into emerging economies with increasing demand for metal and mineral commodities. This trend is likely to continue as firms seek to mitigate risks associated with geopolitical tensions and trade restrictions.
In the near future, the industry is forecasted to experience moderate growth, bolstered by infrastructural developments and the global push for renewable energy. However, firms must navigate challenges such as fluctuating commodity prices and supply chain disruptions to maintain competitiveness.
This industry is comprised of:
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
With iCFO You Get
What Is iCFO?
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Sound Business Analysis
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
Your Business’ Health In Minutes
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.