GETWAB

02 / Market Size

How large is the NAICS 331491 federal market?

Net obligations$7.79B
Contract actions13,474
Vendors503
Federal customers17
Contracting offices118
Average action$578.4K
Largest action$77.47M
Data coverageFY 2019–FY 2025

03 / Spending Trend

NAICS 331491 contract spending by fiscal year

Annual obligations, activity, and participation across the same FY 2019–FY 2025 profile window.

Latest closed fiscal year$566.26M
FY 2025
Fiscal yearObligationsActionsVendorsCustomersChange
FY 2019$483.31M1,46918111
FY 2020$1.37B2,22416310+183.2%
FY 2021$1.78B2,68217711+30.2%
FY 2022$1.58B2,09117310−11.2%
FY 2023$972.05M1,78415812−38.6%
FY 2024$1.04B1,6621459+6.7%
FY 2025$566.26M1,5621738−45.4%

04 / Top Federal Customers

Which federal agencies buy most in this industry?

Ranked by net obligations during FY 2019–FY 2025.

Federal customerCodeObligationsActionsVendorsMarket share
UNITED STATES MINT2044$7.58B1,783797.3%
DEFENSE LOGISTICS AGENCY97AS$174.26M10,9913632.2%
DEPT OF THE NAVY1700$27.12M4761100.3%
DEPT OF THE AIR FORCE5700$3.46M19110.0%
DEPT OF THE ARMY2100$2.79M62250.0%
NATIONAL INSTITUTE OF STANDARDS AND TECHNOLOGY1341$634.5K1140.0%
NATIONAL AERONAUTICS AND SPACE ADMINISTRATION8000$222.4K2450.0%
INDIAN HEALTH SERVICE7527$192.6K2510.0%
BUREAU OF ENGRAVING AND PRINTING2041$146.8K220.0%
FEDERAL PRISON SYSTEM / BUREAU OF PRISONS1540$126.0K110.0%

05 / Contracting Offices

Which contracting offices buy in NAICS 331491?

Ranked by net obligations during FY 2019–FY 2025.

06 / Top Vendors

Which contractors lead the NAICS 331491 market?

VendorObligationsActionsCustomersMarket shareLatest activity
COINS 'N THINGS, INC.$3.81B821148.9%Feb 5, 2025
PRECIOUS A-MARK METALS INC$2.30B574129.5%Sep 22, 2025
ASAHI REFINING USA INC.$1.22B300115.6%Sep 23, 2025
JARDEN ZINC PRODUCTS, LLC$137.86M6011.8%Jun 24, 2025
DILLON GAGE INCORPORATED OF DALLAS$116.46M1711.5%Sep 28, 2020
RMI TITANIUM COMPANY, LLC$54.96M410.7%Mar 26, 2025
RUDY III, ERNEST$18.14M1,30320.2%Sep 29, 2025
MURRAY BENJAMIN ELECTRIC COMPANY, LIMITED PARTNERSHIP$12.63M43410.2%Sep 5, 2025
METALLOY INDUSTRIES, INC.$11.03M3830.1%Sep 12, 2025
HURLEN CORPORATION$7.62M1,13320.1%Sep 23, 2025

07 / Product and Service Mix

What products and services are purchased under NAICS 331491?

PSCDescriptionObligationsActionsVendorsShare
9660PRECIOUS METALS PRIMARY FORMS$7.17B1,616792.1%
9545PLATE, SHEET, STRIP, FOIL, AND WIRE: PRECIOUS METAL$271.75M10123.5%
9650NONFERROUS BASE METAL REFINERY AND INTERMEDIATE FORMS$199.03M7992.6%
9535PLATE, SHEET, STRIP, AND FOIL; NONFERROUS BASE METAL$59.13M7,3311080.8%
6145WIRE AND CABLE, ELECTRICAL$28.76M991710.4%
9530BARS AND RODS, NONFERROUS BASE METAL$17.41M450840.2%
1660AIRCRAFT AIR CONDITIONING, HEATING, AND PRESSURIZING EQUIPMENT$12.39M525660.2%
9540STRUCTURAL SHAPES, NONFERROUS BASE METAL$6.05M344580.1%
9510BARS AND RODS$3.10M211170.0%
5342HARDWARE, WEAPON SYSTEM$2.59M36190.0%

08 / Buying Pattern

How does the government buy in NAICS 331491?

Competed under SAP69.5%9,361 actions
Competed14.8%1,993 actions
Not available for competition12.6%1,693 actions
Other / unknown2.2%301 actions
Not competed under SAP0.9%123 actions
Not competed0.0%3 actions
Other than small business share99.8%$7.78B
Small business share0.2%$11.94M
Common action typeObligationsActions
PURCHASE ORDER$122.11M9,449
DELIVERY ORDER$7.60B3,934
DEFINITIVE CONTRACT$73.31M49
BPA CALL$1.40M42

09 / Recent Contract Awards

What was awarded most recently in NAICS 331491?

10 / Market Interpretation

How should contractors evaluate this market?

01

Start with the spending direction

Compare annual obligations with actions and vendor participation. Growth driven by only a few large actions represents a different opportunity from broad, recurring demand.

02

Follow the actual buyers

Move from federal customers to contracting offices. Offices reveal where acquisition responsibility and recurring purchasing activity are concentrated.

03

Measure accessible demand

Use competition, small-business participation, incumbent vendors, and PSC mix before treating the full $7.79B market as addressable.