Report Detail
Global Industrial Castings Market Report 2018-2029
- RnM3875702 |
- 22 August, 2023 |
- Global |
- 135 Pages |
- HJResearch |
- Other
The Industrial Castings industry refers to the manufacturing of metal components using casting techniques for various industrial applications. These components are made of materials such as iron, steel, aluminum, and other alloys, depending on the specific application requirements.
The global Industrial Castings market size was estimated at US$50050 million in 2022, with a compound annual growth rate of 7.34%. The growth of this market is driven by increasing demand from various end-user industries such as automotive, industrial machinery, aerospace, and defense. The castings play a crucial role in ensuring the quality and durability of finished products, improving operational efficiency, and reducing downtime.
The major types of Industrial Castings include investment casting, sand casting, die casting, and permanent mold casting. Investment casting is widely used in aerospace and defense applications due to its high precision and surface finish. Sand casting is used for large and heavy components, die casting is used for high-volume production of small to medium-sized components, while permanent mold casting is used for medium-sized components with high accuracy.
The Automotive industry is the largest end-user of Industrial Castings, followed by Industrial Machinery, Aerospace, and Defense. In the automotive industry, these castings are used for engine blocks, transmission components, and other critical parts. In the industrial machinery industry, castings are used for machine bases, crankshafts, and hydraulic components. In the aerospace and defense industry, castings are used for complex aerodynamic structures, engine components, and landing gear.
The Industrial Castings industry is highly competitive, with several established global manufacturers dominating the market. These companies invest heavily in research and development to design innovative and effective casting solutions that meet the specific needs of their customers. The major global manufacturers include 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, and ESCO.
The industry has witnessed significant developments over the years, with advancements in technology leading to the introduction of new and improved casting products. The adoption of sustainable and eco-friendly practices has also fueled market growth, with manufacturers investing in the development of green casting materials and processes.
The prospects for the Industrial Castings industry are positive, with opportunities for growth in emerging markets and new applications. As the demand for efficient and high-quality castings increases, the need for reliable and innovative casting solutions is expected to increase, driving further growth in the market.
In conclusion, the Industrial Castings industry is set to experience significant growth in the coming years, driven by increasing demand from various end-user industries. The competition among key players is intense, with each focusing on innovation and product differentiation. The prospects for the industry are positive, with opportunities for growth in emerging markets and new applications. With the rising demand for high-quality and reliable casting solutions, the demand for Industrial Castings is expected to increase, driving further growth in the industry.
The SWOT analysis of the Industrial Castings industry is as follows:
Strengths:
High demand for industrial castings in various end-user industries, such as automotive, aerospace, and industrial machinery.
Established global manufacturers with strong R&D capabilities and product portfolio.
Advancements in technology leading to the introduction of new and improved casting solutions.
A wide range of casting types available based on material, shape, and size.
High-quality and durable products that provide long-lasting performance and value to customers.
Weaknesses:
Intense competition among key players, leading to price pressures and reduced profit margins.
Dependence on raw materials, which can impact production costs and pricing.
Limited awareness and understanding among end-users about the benefits of industrial casting solutions.
Fluctuations in demand and sales due to economic downturns and market uncertainties.
The challenge of balancing casting performance, cost, and environmental impact.
Opportunities:
Expansion into emerging markets with increasing demand for industrial castings.
Developing innovative and differentiated casting solutions to meet the specific needs of different industries.
Partnership with other companies to develop integrated casting solutions.
Growth opportunities in new applications, such as electric vehicles and renewable energy storage.
The potential of new types of materials and technologies, such as 3D printing, enhancing the performance of industrial castings.
Threats:
Competition from substitute technologies or alternative solutions such as additive manufacturing.
Changes in regulations and standards related to industrial castings.
Economic downturns impacting demand from end-use industries.
Fluctuations in prices of raw materials.
Challenges in maintaining consistent quality of products due to large-scale production.
Key players in global Industrial Castings market include:
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 segmentation, by product types:
Ferrous
Non-ferrous
Market segmentation, by applications:
Automotive industry
Industrial machinery
1 Industry Overview of Industrial Castings
- 1.1 Research Scope
- 1.2 Market Segmentation by Types of Industrial Castings
- 1.3 Market Segmentation by End Users of Industrial Castings
- 1.4 Market Dynamics Analysis of Industrial Castings
- 1.4.1 Market Drivers
- 1.4.2 Market Challenges
- 1.4.3 Market Opportunities
- 1.4.4 Porter’s Five Forces
2 Major Manufacturers Analysis of Industrial Castings Industry
- 2.1 Alcast Technologies
- 2.1.1 Company Overview
- 2.1.2 Main Products and Specifications
- 2.1.3 Industrial Castings Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.1.4 Contact Information
- 2.2 Howmet (Alcoa)
- 2.2.1 Company Overview
- 2.2.2 Main Products and Specifications
- 2.2.3 Industrial Castings Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.2.4 Contact Information
- 2.3 Kobe Steel
- 2.3.1 Company Overview
- 2.3.2 Main Products and Specifications
- 2.3.3 Industrial Castings Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.3.4 Contact Information
- 2.4 Brakes India
- 2.4.1 Company Overview
- 2.4.2 Main Products and Specifications
- 2.4.3 Industrial Castings Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.4.4 Contact Information
- 2.5 Dandong Foundry
- 2.5.1 Company Overview
- 2.5.2 Main Products and Specifications
- 2.5.3 Industrial Castings Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.5.4 Contact Information
- 2.6 ACAST
- 2.6.1 Company Overview
- 2.6.2 Main Products and Specifications
- 2.6.3 Industrial Castings Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.6.4 Contact Information
- 2.7 AMCOL Metalcasting
- 2.7.1 Company Overview
- 2.7.2 Main Products and Specifications
- 2.7.3 Industrial Castings Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.7.4 Contact Information
- 2.8 Amsteel Castings
- 2.8.1 Company Overview
- 2.8.2 Main Products and Specifications
- 2.8.3 Industrial Castings Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.8.4 Contact Information
- 2.9 Anhui Yingliu Electrochemical
- 2.9.1 Company Overview
- 2.9.2 Main Products and Specifications
- 2.9.3 Industrial Castings Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.9.4 Contact Information
- 2.10 Benton Foundry
- 2.10.1 Company Overview
- 2.10.2 Main Products and Specifications
- 2.10.3 Industrial Castings Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.10.4 Contact Information
- 2.11 Bodine Aluminum
- 2.11.1 Company Overview
- 2.11.2 Main Products and Specifications
- 2.11.3 Industrial Castings Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.11.4 Contact Information
- 2.12 Brantingham Manufacturing
- 2.12.1 Company Overview
- 2.12.2 Main Products and Specifications
- 2.12.3 Industrial Castings Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.12.4 Contact Information
- 2.13 ConMet
- 2.13.1 Company Overview
- 2.13.2 Main Products and Specifications
- 2.13.3 Industrial Castings Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.13.4 Contact Information
- 2.14 Decatur Foundry
- 2.14.1 Company Overview
- 2.14.2 Main Products and Specifications
- 2.14.3 Industrial Castings Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.14.4 Contact Information
- 2.15 Dynacast International
- 2.15.1 Company Overview
- 2.15.2 Main Products and Specifications
- 2.15.3 Industrial Castings Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.15.4 Contact Information
- 2.16 ESCO
- 2.16.1 Company Overview
- 2.16.2 Main Products and Specifications
- 2.16.3 Industrial Castings Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.16.4 Contact Information
3 Global Industrial Castings Market Analysis by Regions, Manufacturers, Types and End Users
- 3.1 Global Sales Volume and Revenue of Industrial Castings by Regions (2018-2023)
- 3.2 Global Sales Volume and Revenue of Industrial Castings by Manufacturers (2018-2023)
- 3.3 Global Sales Volume and Revenue of Industrial Castings by Types (2018-2023)
- 3.4 Global Sales Volume and Revenue of Industrial Castings by End Users (2018-2023)
- 3.5 Selling Price Analysis of Industrial Castings by Regions, Manufacturers, Types and End Users in (2018-2023)
4 Northern America Industrial Castings Market Analysis by Countries, Types and End Users
- 4.1 Northern America Industrial Castings Sales Volume and Revenue Analysis by Countries (2018-2023)
- 4.2 Northern America Industrial Castings Sales Volume and Revenue Analysis by Types (2018-2023)
- 4.3 Northern America Industrial Castings Sales Volume and Revenue Analysis by End Users (2018-2023)
- 4.4 United States Industrial Castings Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 4.5 Canada Industrial Castings Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5 Europe Industrial Castings Market Analysis by Countries, Types and End Users
- 5.1 Europe Industrial Castings Sales Volume and Revenue Analysis by Countries (2018-2023)
- 5.2 Europe Industrial Castings Sales Volume and Revenue Analysis by Types (2018-2023)
- 5.3 Europe Industrial Castings Sales Volume and Revenue Analysis by End Users (2018-2023)
- 5.4 Germany Industrial Castings Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.5 France Industrial Castings Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.6 UK Industrial Castings Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.7 Italy Industrial Castings Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.8 Russia Industrial Castings Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.9 Spain Industrial Castings Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.10 Netherlands Industrial Castings Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6 Asia Pacific Industrial Castings Market Analysis by Countries, Types and End Users
- 6.1 Asia Pacific Industrial Castings Sales Volume and Revenue Analysis by Countries (2018-2023)
- 6.2 Asia Pacific Industrial Castings Sales Volume and Revenue Analysis by Types (2018-2023)
- 6.3 Asia Pacific Industrial Castings Sales Volume and Revenue Analysis by End Users (2018-2023)
- 6.4 China Industrial Castings Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.5 Japan Industrial Castings Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.6 Korea Industrial Castings Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.7 India Industrial Castings Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.8 Australia Industrial Castings Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.9 Indonesia Industrial Castings Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.10 Vietnam Industrial Castings Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7 Latin America Industrial Castings Market Analysis by Countries, Types and End Users
- 7.1 Latin America Industrial Castings Sales Volume and Revenue Analysis by Countries (2018-2023)
- 7.2 Latin America Industrial Castings Sales Volume and Revenue Analysis by Types (2018-2023)
- 7.3 Latin America Industrial Castings Sales Volume and Revenue Analysis by End Users (2018-2023)
- 7.4 Brazil Industrial Castings Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.5 Mexico Industrial Castings Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.6 Argentina Industrial Castings Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.7 Colombia Industrial Castings Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8 Middle East & Africa Industrial Castings Market Analysis by Countries, Types and End Users
- 8.1 Middle East & Africa Industrial Castings Sales Volume and Revenue Analysis by Countries (2018-2023)
- 8.2 Middle East & Africa Industrial Castings Sales Volume and Revenue Analysis by Types (2018-2023)
- 8.3 Middle East & Africa Industrial Castings Sales Volume and Revenue Analysis by End Users (2018-2023)
- 8.4 Turkey Industrial Castings Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.5 Saudi Arabia Industrial Castings Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.6 South Africa Industrial Castings Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.7 Egypt Industrial Castings Sales Volume, Revenue, Import and Export Analysis (2018-2023)
9 Marketing Channel, Distributors and Traders Analysis
- 9.1 Marketing Channel
- 9.1.1 Direct Channel
- 9.1.2 Indirect Channel
- 9.2 Distributors and Traders
10 Global Industrial Castings Market Forecast by Regions, Countries, Manufacturers, Types and End Users
- 10.1 Global Sales Volume and Revenue Forecast of Industrial Castings by Regions (2024-2029)
- 10.2 Global Sales Volume and Revenue Forecast of Industrial Castings by Types (2024-2029)
- 10.3 Global Sales Volume and Revenue Forecast of Industrial Castings by End Users (2024-2029)
- 10.4 Global Revenue Forecast of Industrial Castings by Countries (2024-2029)
- 10.4.1 United States Revenue Forecast (2024-2029)
- 10.4.2 Canada Revenue Forecast (2024-2029)
- 10.4.3 Germany Revenue Forecast (2024-2029)
- 10.4.4 France Revenue Forecast (2024-2029)
- 10.4.5 UK Revenue Forecast (2024-2029)
- 10.4.6 Italy Revenue Forecast (2024-2029)
- 10.4.7 Russia Revenue Forecast (2024-2029)
- 10.4.8 Spain Revenue Forecast (2024-2029)
- 10.4.9 Netherlands Revenue Forecast (2024-2029)
- 10.4.10 China Revenue Forecast (2024-2029)
- 10.4.11 Japan Revenue Forecast (2024-2029)
- 10.4.12 Korea Revenue Forecast (2024-2029)
- 10.4.13 India Revenue Forecast (2024-2029)
- 10.4.14 Australia Revenue Forecast (2024-2029)
- 10.4.15 Indonesia Revenue Forecast (2024-2029)
- 10.4.16 Vietnam Revenue Forecast (2024-2029)
- 10.4.17 Brazil Revenue Forecast (2024-2029)
- 10.4.18 Mexico Revenue Forecast (2024-2029)
- 10.4.19 Argentina Revenue Forecast (2024-2029)
- 10.4.20 Colombia Revenue Forecast (2024-2029)
- 10.4.21 Turkey Revenue Forecast (2024-2029)
- 10.4.22 Saudi Arabia Revenue Forecast (2024-2029)
- 10.4.23 South Africa Revenue Forecast (2024-2029)
- 10.4.24 Egypt Revenue Forecast (2024-2029)
11 Industry Chain Analysis of Industrial Castings
- 11.1 Upstream Major Raw Materials and Equipment Suppliers Analysis of Industrial Castings
- 11.1.1 Major Raw Materials Suppliers with Contact Information Analysis of Industrial Castings
- 11.1.2 Major Equipment Suppliers with Contact Information Analysis of Industrial Castings
- 11.2 Downstream Major Consumers Analysis of Industrial Castings
- 11.3 Major Suppliers of Industrial Castings with Contact Information
- 11.4 Supply Chain Relationship Analysis of Industrial Castings
12 Industrial Castings New Project Investment Feasibility Analysis
- 12.1 Industrial Castings New Project SWOT Analysis
- 12.2 Industrial Castings New Project Investment Feasibility Analysis
- 12.2.1 Project Name
- 12.2.2 Investment Budget
- 12.2.3 Project Product Solutions
- 12.2.4 Project Schedule
13 Industrial Castings Research Findings and Conclusion
14 Appendix
- 14.1 Research Methodology
- 14.2 References and Data Sources
- 14.2.1 Primary Sources
- 14.2.2 Secondary Paid Sources
- 14.2.3 Secondary Public Sources
- 14.3 Abbreviations and Units of Measurement
- 14.4 Author Details
Summary:
Get latest Market Research Reports on Industrial Castings. Industry analysis & Market Report on Industrial Castings is a syndicated market report, published as Global Industrial Castings Market Report 2018-2029. It is complete Research Study and Industry Analysis of Industrial Castings market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
REPORT YOU MIGHT BE INTERESTED
Related Reports
Reason to Buy
Reports and Markets
Contact Us
+1-352-353-0818 (US)Newsletter
KEEP UP TO DATE ON ALL THE LATEST REPORTS
