Industrial casting is a process in which liquid or molten metal is poured into a mold. These molds comprise a hollow cavity of the desired shape to form complex geometrical parts. A mold can be produced from materials such as ceramic and sand plaster. Metals and alloys such as iron, aluminum, magnesium, zinc, steel, and copper are primarily used for casting.
The aluminum casting is widely used in industrial casting, henceforth, expected to expand during the forecast period due to increase in use of the automotive industry and a rise in new applications of industrial casting. Aluminum parts, metal of casting are widely used in vehicles in place of steel and iron components due to their light weight and ability to increase fuel efficiency.
The increasing popularity of X-ray casting defect recognition technique in metal casting industries will drive the growth prospects for the global industrial castings market during the forecast period. In this system, a technique such as the automatic or assisted defect recognition (ADR) in X-ray applications is used in the automotive casting production process. This system is programmed to make either an “Accept” or “Reject” decision for the produced parts, based upon the system settings.
In 2019, the market size of Industrial Castings is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Industrial Castings.
This report studies the global market size of Industrial Castings, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Industrial Castings production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Alcast Technologies
Howmet (Alcoa)
Kobe Steel
Brakes India
Dandong Foundry
ACAST
AMCOL Metalcasting
Amsteel Castings
Anhui Yingliu Electrochemical
Benton Foundry
Bodine Aluminum
Brantingham Manufacturing
ConMet
Decatur Foundry
Dynacast International
ESCO
Market Segment by Product Type
Ferrous
Non-ferrous
Market Segment by Application
Automotive industry
Industrial machinery
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Industrial Castings status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Industrial Castings manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Industrial Castings are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Industrial Castings. Industry analysis & Market Report on Industrial Castings is a syndicated market report, published as Global (United States, European Union and China) Industrial Castings Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Industrial Castings market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.