Home to MIT and Harvard, Massachusetts has its pick of innovators and the state's manufacturing sector reflects that, with strongholds in medical and surgical instruments, electronics and pharmaceuticals. This article will explore the latest data on Massachusetts manufacturers and share some essential insights provided by the state's top industrial companies.

In 2021, the leading publicly traded company with headquarters in Massachusetts was General Electric. That year, General Electric topped the list with a revenue of about 79.62 billion U.S. dollars.

The ranking of the largest 100 companies globally by revenue can be accessed here.

In 2023, the GDP of Massachusetts amounted to around 616 billion U.S. dollars. In that year, the finance, insurance, real estate, rental, and leasing industry added about 132.55 billion chained 2017 U.S. dollars of value to the state GDP.

Morocco MA: GDP: % of Manufacturing: Textiles and Clothing data was reported at 7.766 % in 2013. This records a decrease from the previous number of 8.995 % for 2012. Morocco MA: GDP: % of Manufacturing: Textiles and Clothing data is updated yearly, averaging 17.888 % from Dec 1976 (Median) to 2013, with 33 observations. The data reached an all-time high of 22.698 % in 1987 and a record low of 7.766 % in 2013. Morocco MA: GDP: % of Manufacturing: Textiles and Clothing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Morocco – Table MA.World Bank: Gross Domestic Product: Share of GDP. Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Textiles and clothing correspond to ISIC divisions 17-19.; ; United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.; ;

Morocco MA: GDP: % of Manufacturing: Other Manufacturing data was reported at 38.991 % in 2013. This records an increase from the previous number of 38.288 % for 2012. Morocco MA: GDP: % of Manufacturing: Other Manufacturing data is updated yearly, averaging 35.106 % from Dec 1976 (Median) to 2013, with 33 observations. The data reached an all-time high of 49.566 % in 2006 and a record low of 25.592 % in 1987. Morocco MA: GDP: % of Manufacturing: Other Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Morocco – Table MA.World Bank: Gross Domestic Product: Share of GDP. Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Other manufacturing, a residual, covers wood and related products (ISIC division 20), paper and related products (ISIC divisions 21 and 22), petroleum and related products (ISIC division 23), basic metals and mineral products (ISIC division27), fabricated metal products and professional goods (ISIC division 28), and other industries (ISIC divisions 25, 26, 31, 33, 36, and 37). Includes unallocated data. When data for textiles, machinery, or chemicals are shown as not available, they are included in other manufacturing.; ; United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.; ;

Morocco MA: GDP: % of Manufacturing: Food, Beverages and Tobacco data was reported at 31.487 % in 2013. This records an increase from the previous number of 31.233 % for 2012. Morocco MA: GDP: % of Manufacturing: Food, Beverages and Tobacco data is updated yearly, averaging 30.507 % from Dec 1976 (Median) to 2013, with 33 observations. The data reached an all-time high of 37.228 % in 1991 and a record low of 16.704 % in 1980. Morocco MA: GDP: % of Manufacturing: Food, Beverages and Tobacco data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Morocco – Table MA.World Bank: Gross Domestic Product: Share of GDP. Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Food, beverages, and tobacco correspond to ISIC divisions 15 and 16.; ; United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.; ;

Morocco MA: GDP: % of Manufacturing: Machinery and Transport Equipment data was reported at 5.903 % in 2013. This records a decrease from the previous number of 5.961 % for 2012. Morocco MA: GDP: % of Manufacturing: Machinery and Transport Equipment data is updated yearly, averaging 4.694 % from Dec 1976 (Median) to 2013, with 33 observations. The data reached an all-time high of 8.627 % in 1977 and a record low of 3.053 % in 1988. Morocco MA: GDP: % of Manufacturing: Machinery and Transport Equipment data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Morocco – Table MA.World Bank: Gross Domestic Product: Share of GDP. Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Machinery and transport equipment correspond to ISIC divisions 29, 30, 32, 34, and 35.; ; United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.; ;

Morocco MA: GDP: % of Manufacturing: Chemicals data was reported at 15.853 % in 2013. This records an increase from the previous number of 15.523 % for 2012. Morocco MA: GDP: % of Manufacturing: Chemicals data is updated yearly, averaging 14.735 % from Dec 1976 (Median) to 2013, with 33 observations. The data reached an all-time high of 18.179 % in 2010 and a record low of 8.841 % in 1976. Morocco MA: GDP: % of Manufacturing: Chemicals data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Morocco – Table MA.World Bank: Gross Domestic Product: Share of GDP. Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Chemicals correspond to ISIC division 24.; ; United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.; ;

Illustrating the engagement of companies with graduates from University of Massachusetts-Dartmouth, this bar chart details PERM cases filed by employers. It allows for filtering by major, offering insights into which companies actively support permanent residency for graduates in distinct academic disciplines.

H-1B visa sponsorship trends for Massachusetts, covering top employers, salary insights, approval rates, and geographic distribution. Explore how work state impacts the U.S. job market under the H-1B program.

H-1B visa sponsorship trends for Boston, MA, covering top employers, salary insights, approval rates, and geographic distribution. Explore how work city impacts the U.S. job market under the H-1B program.

Maleic Anhydride Market Outlook

The global maleic anhydride market size was valued at approximately USD 3.1 billion in 2023 and is projected to reach around USD 5.6 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.5% during the forecast period. The market's growth is primarily driven by increasing demand in various end-user industries such as automotive, construction, and agriculture.

One of the key growth factors for the maleic anhydride market is its extensive use in the production of unsaturated polyester resins (UPR), which are increasingly employed in various industries for making fiberglass-reinforced plastics, coatings, and adhesives. The global construction and automotive industries, in particular, are experiencing robust growth, leading to a surge in demand for UPR. This trend is expected to continue as infrastructure projects and vehicle production ramp up worldwide, further bolstering the market for maleic anhydride.

Another significant growth factor is the rising use of maleic anhydride in the agricultural sector. It is a key component in the manufacture of agricultural chemicals, including herbicides, pesticides, and plant growth regulators. With the global population steadily increasing, there is an escalating need for enhanced agricultural productivity to meet food demands. This necessitates the use of advanced agricultural chemicals, thus driving the demand for maleic anhydride. Furthermore, increased research and development in agricultural biotechnology are likely to introduce new formulations and applications, augmenting market growth.

The expanding use of maleic anhydride in the production of lubricating oil additives is another critical factor propelling market growth. These additives are essential for improving the performance and longevity of lubricants used in automotive and industrial machinery. As the global automotive industry continues to grow and the demand for machinery in various industrial sectors increases, the need for high-performance lubricants is expected to rise, thereby boosting the demand for maleic anhydride.

Regionally, Asia Pacific is anticipated to dominate the maleic anhydride market during the forecast period, driven by rapid industrialization, urbanization, and economic growth in countries like China, India, and Japan. Additionally, North America and Europe are expected to show significant market growth due to the presence of well-established automotive and construction industries and ongoing advancements in agricultural technologies. Latin America and the Middle East & Africa regions are also likely to experience substantial growth, although they currently hold a smaller market share compared to other regions.

Product Type Analysis

The maleic anhydride market is segmented into two primary product types: solid maleic anhydride and liquid maleic anhydride. Solid maleic anhydride is generally favored for its ease of handling and transportation. It is widely used in applications requiring high purity and stability. Industries such as pharmaceuticals and food & beverage prefer solid maleic anhydride for its quality consistency and safety in handling. Additionally, the solid form is often used in smaller-scale applications or in settings where precise dosing is critical.

On the other hand, liquid maleic anhydride is preferred for large-scale industrial applications due to its ease of incorporation into continuous production processes. The liquid form is often used in the manufacture of unsaturated polyester resins and other large-volume industrial chemicals. Its ability to be pumped and metered accurately makes it ideal for automated production lines, contributing to its widespread use in industrial settings. The increasing automation in chemical manufacturing is expected to further drive the demand for liquid maleic anhydride.

The choice between solid and liquid maleic anhydride often depends on the specific requirements of the application and the operational efficiencies sought by manufacturers. For example, in the automotive and construction industries, where large volumes of unsaturated polyester resins are needed, liquid maleic anhydride is more practical. In contrast, in specialized applications like pharmaceuticals, solid maleic anhydride is often preferred for its purity and stability.

Market trends indicate a growing preference for liquid maleic anhydride, particularly in emerging economies, where industrialization is accelerating. The ability to integrate liquid maleic anhydride into advanced manu

Two companies from Boston and one from Milford were among the most profitable construction contractors in Massachusetts in 2023. With revenue figures of more than 5.5 billion U.S. dollars, Suffolk Construction Co. Inc. was also one of the largest construction firms in the United States as a whole.

Mexico Imports: MA: Non-electric Industrial or Laboratory Furnaces data was reported at 21.265 USD mn in Apr 2019. This records an increase from the previous number of 9.215 USD mn for Mar 2019. Mexico Imports: MA: Non-electric Industrial or Laboratory Furnaces data is updated monthly, averaging 9.968 USD mn from Jan 1993 (Median) to Apr 2019, with 316 observations. The data reached an all-time high of 52.314 USD mn in Feb 2012 and a record low of 1.613 USD mn in Oct 1995. Mexico Imports: MA: Non-electric Industrial or Laboratory Furnaces data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.JA022: Imports: Top Commodities.

Illustrating the engagement of companies with graduates from Massachusetts School of Barbering, this bar chart details PERM cases filed by employers. It allows for filtering by major, offering insights into which companies actively support permanent residency for graduates in distinct academic disciplines.

Illustrating the engagement of companies with graduates from Massachusetts Maritime Academy, this bar chart details PERM cases filed by employers. It allows for filtering by major, offering insights into which companies actively support permanent residency for graduates in distinct academic disciplines.

Illustrating the engagement of companies with graduates from Massachusetts College of Art and Design, this bar chart details PERM cases filed by employers. It allows for filtering by major, offering insights into which companies actively support permanent residency for graduates in distinct academic disciplines.

Incoloy Alloy MA 956 Market Outlook

The global Incoloy Alloy MA 956 market size is projected to witness significant growth from its 2023 valuation of approximately USD 500 million to a forecasted value of USD 950 million by 2032, growing at a compound annual growth rate (CAGR) of around 7%. This impressive expansion is attributed to several growth factors, including the rising demand for high-performance materials in critical applications across various industries. The market's growth trajectory is further supported by advancements in manufacturing technologies and the increasing requirement for corrosion-resistant alloys in harsh environments, especially in sectors like aerospace, automotive, and chemical processing.

One of the primary growth factors for the Incoloy Alloy MA 956 market is the increasing demand from the aerospace industry, driven by the need for materials that offer exceptional strength-to-weight ratios and can withstand extreme temperatures. Incoloy Alloy MA 956 is particularly valued for its excellent oxidation resistance and high mechanical strength, making it ideal for use in aircraft components and engines. Additionally, the ongoing growth in air travel and the consequent expansion of the aerospace sector have led to a surge in the demand for materials that enhance fuel efficiency and meet stringent safety standards, thereby driving the market for this alloy.

The automotive industry also contributes significantly to the growth of the Incoloy Alloy MA 956 market. As automotive manufacturers strive to improve vehicle performance and fuel efficiency while reducing emissions, there is a growing need for lightweight and durable materials. Incoloy Alloy MA 956 is increasingly being used in exhaust systems, turbochargers, and other high-temperature applications within the automotive sector. The push towards electric vehicles further amplifies this demand, as manufacturers seek materials that can efficiently manage thermal loads and ensure long-term reliability, further propelling the market growth.

The power generation and chemical processing industries are also key drivers of the Incoloy Alloy MA 956 market. In power generation, particularly in nuclear and gas turbine applications, the alloy's ability to withstand high temperatures and corrosive environments makes it indispensable. Similarly, in chemical processing, the alloy's resistance to chemical corrosion and thermal cycling is highly valued, as it ensures equipment longevity and reduces maintenance costs. The growing emphasis on sustainable and efficient energy solutions, along with robust industrial growth, is expected to boost the demand for Incoloy Alloy MA 956 in these sectors.

From a regional outlook perspective, North America and Europe are anticipated to hold significant market shares due to the strong presence of aerospace and automotive industries in these regions. Asia Pacific, however, is expected to exhibit the fastest growth rate, driven by rapid industrialization, urbanization, and increasing investments in infrastructure development. Emerging economies in this region are focusing on enhancing their manufacturing capabilities, which in turn is fueling the demand for advanced materials like Incoloy Alloy MA 956. The Middle East & Africa, while currently holding a smaller share, might witness growth due to the expansion of the energy and chemical sectors.

Product Form Analysis

In terms of product forms, the Incoloy Alloy MA 956 market is segmented into bars, wires, sheets, plates, and others. Among these, bars are expected to capture a substantial portion of the market owing to their extensive application in various industries. Bars, due to their versatility and ease of use, are particularly popular in the aerospace and automotive sectors. These bars are used in a range of applications such as manufacturing engine components, structural parts, and fasteners, making them indispensable in environments that demand high strength and durability.

Wires represent another critical segment within the product form categorization of Incoloy Alloy MA 956. The wire form of this alloy finds significant applications in the manufacturing of springs, fasteners, and welding electrodes due to its excellent mechanical properties and resistance to oxidation. The expanding scope of applications in electronics and telecommunications, where wires play a crucial role, further accentuates their importance in the market. As industries continue to innovate and develop new products, the demand for high-performance materials like Incoloy Alloy MA 956 wires is set to rise, supporting the over

The Metal Fabrication Tools industry, currently valued at approximately $XX million (estimated based on provided CAGR and market trends), is experiencing robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) exceeding 4.30% from 2025 to 2033. This growth is fueled by several key drivers. The automotive industry's increasing demand for lightweight and high-strength materials, coupled with advancements in construction and aerospace technologies, necessitates sophisticated metal fabrication tools. Further driving expansion are ongoing technological advancements in machining, welding, and forming techniques, including the rise of automation and robotics in fabrication processes. This trend enhances precision, speed, and efficiency, boosting overall productivity and making metal fabrication tools more desirable across various industries. The increasing adoption of laser and other advanced cutting technologies also significantly contributes to the market's growth trajectory. However, the industry faces certain restraints. Fluctuations in raw material prices, particularly steel and other metals, can impact profitability. Furthermore, the high initial investment required for advanced metal fabrication tools and the need for skilled operators might limit adoption, especially amongst smaller companies. Despite these challenges, the long-term outlook remains positive, driven by ongoing industrialization, particularly in developing economies of Asia Pacific. Market segmentation reveals strong performance across service types (machining & cutting, welding, forming) and end-user industries (automotive, construction, aerospace, electrical & electronics). Key players like Trumpf, Shenyang Machine Tool, Amada, Okuma, DMG MORI, FANUC Corp, Colfax, Atlas Copco, and BTD Manufacturing are shaping the competitive landscape through innovation and strategic acquisitions. The industry's future hinges on continuous technological innovation, efficient supply chain management, and meeting the evolving needs of a diverse range of industries. Recent developments include: November 2022: Momentum Manufacturing Group (MMG), a metal producer, recently acquired two companies that enable the production of semiconductors in order to enter the semiconductor sector. Evans Industries in Topsfield, Massachusetts, and Little Enterprises in Ipswich, Massachusetts, have joined MMG, giving the Georgetown, Massachusetts-based company 86,000 square feet of additional manufacturing space and almost 160 highly qualified team members. Both businesses provide wafer fabrication equipment support components and offer precision metal machining. The purchases will improve MMG's current manufacturing business, which consists of 10 facilities spread throughout New England., March 2022: Ryerson Holding Corporation, a top value-added processor and distributor of industrial metals, announced the purchase of nearly all the assets of Mississauga, Ontario, Canada-based sheet metal fabricator Apogee Steel Fabrication Incorporated. Apogee has been able to satisfy the increasing demand of a variety of end markets because of its dedication to total quality and a positive client experience. In Canada, Ryerson's network of value-added service centers will be strengthened by Apogee, expanding its processing capacity and its full-service fabrication company.. Notable trends are: Increasing Focus on the Implementation of Industry 4.0.

In 2020, 12 of the leading landscaping companies were based in California, making it the state with the highest number of companies. Texas came second with 11 leading companies in the same industry during that period. Colorado, Massachusetts and New Jersey, had each four leading landscaping companies representing that industry.