Precious & Non-Ferrous Metal Manufacturing in France - Market Size, Industry Analysis, Trends and Forecasts (2025-2029)

Precious & Non-Ferrous Metal Manufacturing in France industry analysis

Precious and non-ferrous metal manufacturing plays a key role in the French economy, supplying a wide range of metal products. These are used in the manufacture of cars, electronics, medical equipment, jewellery and other metal products. The industry has experienced a high degree of revenue volatility over the past few years due to skyrocketing metal prices and changing market demands. Aluminium and copper prices shot up in 2021 and 2022 due to strong pent-up demand and shortages of raw materials and intermediates. After significant growth in 2021 and 2022, manufacturers faced challenges in 2023 due to subdued market demand and a slowdown in production activity, resulting in declining revenue. Nonetheless, the Non-Ferrous Metal Manufacturing industry has grown overall, driven by mounting demand for lightweight construction materials in road vehicles, aimed at reducing fuel consumption and minimising the carbon footprint of vehicles and the energy sector.

Trends and Insights

• Inflation and geopolitical tensions impact metal manufacturing. Rising inflation and energy costs have disrupted the precious and non-ferrous metal manufacturing industry, hindering revenue.
• European companies are revolutionising metal alloys using advanced tech. This innovation allows for durable, lightweight materials that fuel greener futures in industries like automotive and aerospace.
• Market share concentration is driven largely by operational efficiency. Successful manufacturers gain a competitive edge by optimising their refining processes, production methods and waste management, which lowers costs and enhances productivity.