The process of building machines and structures using cutting, burning, welding, machining, forming and assembly of raw metal into a product is known as metal fabrication. Projects include the production of hand railings, hand tools, architectural metal, hardware manufacturing, wire manufacturing, and forging and stamping.
The centralization of parallel-needed processes is considered the number one advantage of a metal fabrication business. Contractors find it easier and more economical to shop all their fabrication needs from a single shop than from multiple vendors.
Raw materials like plate metal formed and expanded metal, flat metal, castings, sectional metal, fittings, and welding wire are used for the broad applications of consumer products and industries generally covered by such businesses.
Rapid urbanization and infrastructure development, especially in emerging markets all over the world, and fast-paced technological advancement in the automobile industry has caused a market growth at a CAGR of 5.3% in the metal fabrication industry. With technical skills and working knowledge, any person now can start and grow a successful business.
Listed Below Are 7 Profitable Metal Fabrication Business Ideas:
1. Aluminum door, window, and ladder manufacturing:
Demand for aluminum fabricated materials is growing rapidly. The most popular items include doors, windows, glass window frames, handrails, stairs, and ladders. All these products have high demand in both domestic as well as international markets. This business is investment intensive in terms of procurement of raw materials.
2. Steel furniture making:
Lightweights, durability, and cost-effectiveness of the material have made steel furniture very popular. With more and more people flocking in to buy items like steel racks, chairs, tables and almirahs, expertise in steel fabrication is required to run this business.
3. Ornamental gate making:
Expert welding knowledge and a basic understanding of architectural concepts are required for this business. People buy ornamental gates for their homes, gardens or offices to improve the aesthetics of the property.
4. Wrought iron furniture making:
The longevity of wrought iron in terms of elegance, beauty, and general sturdiness has made this a very popular material in the furniture industry. Popularity is growing not only in the cities but also in the suburbs and small-town home markets. This is one of the low-cost businesses trending in the metal fabrication industry.
5. Welding equipment/machine selling:
This is one of the best business models if you are an expert in different types of welding machines. You can open a store to sell tools and equipment to other fabrication businesses or sell them online from your e-commerce website. If you like to work on a commission basis, machine manufacturers are always on the lookout for retailers and distributors. If such an opportunity comes along, getting a legitimate business deal with an established welding machine company will be a great way to progress your metal fabrication business. Some of the basic welding equipment includes advanced process welders, multi-process welders, and MIG and TIG welders.
6. Canopy structure service:
A small aluminum structure secured over the exterior of a door or window or pulled over a terrace to keep away the sun, wind, and rain makes a basic canopy structure. This structure can be entirely aluminum or can be an aluminum frame holding a protective element of poly-carbonate, fabric or glass. This business just requires a mobile welding machine and other basic fabrication supplies.
7. Mobile welding service:
Mobile welding service is perfect for you if you want to start a business without establishing a unit. The welding services are provided at the customer’s doorstep by a certified mobile weld professional. Therefore, this model of business enables home-based operation provided you have an easy mode of transport.
Thus, with moderate investment, adequate skills, extensive expertise and industry-specific knowledge any person can start and grow a successful welding and metal fabrication business.