Technavio Announces the Publication of its
Research Report Global Industrial Castings Market 2016-2020
Technavio recognizes the following companies as the key players in the global industrial castings market: Alcast Technologies, Alcoa Howmet, Kobe Steel, Brakes India, and Dandong Foundry.
Other prominent vendors in the market are: ACAST, AMCOL Metalcasting, Amsteel Castings, Anhui Yingliu Electrochemical, Benton Foundry, Bodine Aluminum, Brantingham Manufacturing, Consolidated Metco (ConMet), Decatur Foundry, Dynacast International, ESCO, Georg Fischer, Gibbs Die Casting, Gravity Cast, Grede Holdings, Grupo Industrial Saltillo SAB de CV, Hinduja Foundries, Hitachi Metals, Hua Dong Teksid, Hyundai Steel, JCFC, Leggett & Platt, Martinrea Honsel Germany, Nucor, OSCO Industries, Pacific Steel Casting, Peekay Steel Castings, Precision Castparts, Qingdao Tian Hua Yi He Foundry Factory, Ryobi, Schuler, and ACO.
Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is simulation-based castings. Simulation-based casting is used to produce cost-effective, reliable, and high-precision components. Also, simulation-based casting is used to increase casting yield and reduce the shop floor time. By using simulation-based casting, we can predict the defects and their location easily compared with conventional casting besides being able to analyze and optimize the feed ability of the casting process.”
According to the report, one of the primary drivers in the market is augmented demand from aerospace, defense, and telecom sectors. Aluminum die casting process, along with forging techniques, is widely used in the aerospace and defense sectors. There has been a rise in demand for aluminum and other lightweight alloys over steel for use in the manufacture of aircraft bodies and the corresponding parts, as these metals reduce the weight of the overall aircraft to a great extent.
Technavio recognizes the following companies as the key players in the global industrial castings market: Alcast Technologies, Alcoa Howmet, Kobe Steel, Brakes India, and Dandong Foundry.
Other prominent vendors in the market are: ACAST, AMCOL Metalcasting, Amsteel Castings, Anhui Yingliu Electrochemical, Benton Foundry, Bodine Aluminum, Brantingham Manufacturing, Consolidated Metco (ConMet), Decatur Foundry, Dynacast International, ESCO, Georg Fischer, Gibbs Die Casting, Gravity Cast, Grede Holdings, Grupo Industrial Saltillo SAB de CV, Hinduja Foundries, Hitachi Metals, Hua Dong Teksid, Hyundai Steel, JCFC, Leggett & Platt, Martinrea Honsel Germany, Nucor, OSCO Industries, Pacific Steel Casting, Peekay Steel Castings, Precision Castparts, Qingdao Tian Hua Yi He Foundry Factory, Ryobi, Schuler, and ACO.
Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is simulation-based castings. Simulation-based casting is used to produce cost-effective, reliable, and high-precision components. Also, simulation-based casting is used to increase casting yield and reduce the shop floor time. By using simulation-based casting, we can predict the defects and their location easily compared with conventional casting besides being able to analyze and optimize the feed ability of the casting process.”
According to the report, one of the primary drivers in the market is augmented demand from aerospace, defense, and telecom sectors. Aluminum die casting process, along with forging techniques, is widely used in the aerospace and defense sectors. There has been a rise in demand for aluminum and other lightweight alloys over steel for use in the manufacture of aircraft bodies and the corresponding parts, as these metals reduce the weight of the overall aircraft to a great extent.
Further, the report states that one major
challenge in the market is volatile raw material prices. Major steel casting
manufacturers worldwide are under stress to improve their profit margins due to
volatile prices of raw materials and declining prices of steel casting
products. This has a greater impact on steel producers that maintain long-term
raw material supply contracts. These producers are integrating their upstream
operations vertically to overcome these concerns and remain competitive in the
market. Also, this will allow them to gain more control over raw material
prices.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Get discount: https://marketreportscenter.com/request-discount/470019
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Get discount: https://marketreportscenter.com/request-discount/470019
About Industrial Castings
Metal casting is a manufacturing process in which metal (molten or liquid) is poured into a mold made of sand or ceramic plaster. The mold contains a hollow cavity of the desired shape to form geometrically complex parts. Metal casting finds application in planes, trains, mining, construction, electrical equipment, oil wells, pipes, toys, space shuttles, wind turbines, and nuclear plants.
Technavio’s analysts forecast the global industrial castings market to grow at a CAGR of 1.88% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial castings market for 2016-2020. To calculate the market size, the report presents individual market size and forecasts by geography have been provided with detailed analysis for each segment.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Industrial Castings Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Alcast Technologies
• Alcoa Howmet
• Kobe Steel
• Brakes India
• Dandong Foundry
Other prominent vendors
• ACAST
• AMCOL Metalcasting
• Amsteel Castings
• Anhui Yingliu Electrochemical
• Benton Foundry
• Bodine Aluminum
• Brantingham Manufacturing
• Consolidated Metco (ConMet)
• Decatur Foundry
• Dynacast International
• ESCO
• Georg Fischer
• Gibbs Die Casting
• Gravity Cast
• Grede Holdings
• Grupo Industrial Saltillo SAB de CV
• Hinduja Foundries
• Hitachi Metals
• Hua Dong Teksid
• Hyundai Steel
• JCFC
• Leggett & Platt
• Martinrea Honsel Germany
• Nucor
• OSCO Industries
• Pacific Steel Casting
• Peekay Steel Castings
• Precision Castparts
• Qingdao Tian Hua Yi He Foundry Factory
• Ryobi
• Schuler
• ACO Group
Market driver
• Augmented demand from aerospace, defense, and telecom sectors.
• For a full, detailed list, view our report
Market challenge
• Environmental degradation.
• For a full, detailed list, view our report
Market trend
• Modern alternative casting methods gaining momentum.
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Metal casting is a manufacturing process in which metal (molten or liquid) is poured into a mold made of sand or ceramic plaster. The mold contains a hollow cavity of the desired shape to form geometrically complex parts. Metal casting finds application in planes, trains, mining, construction, electrical equipment, oil wells, pipes, toys, space shuttles, wind turbines, and nuclear plants.
Technavio’s analysts forecast the global industrial castings market to grow at a CAGR of 1.88% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial castings market for 2016-2020. To calculate the market size, the report presents individual market size and forecasts by geography have been provided with detailed analysis for each segment.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Industrial Castings Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Alcast Technologies
• Alcoa Howmet
• Kobe Steel
• Brakes India
• Dandong Foundry
Other prominent vendors
• ACAST
• AMCOL Metalcasting
• Amsteel Castings
• Anhui Yingliu Electrochemical
• Benton Foundry
• Bodine Aluminum
• Brantingham Manufacturing
• Consolidated Metco (ConMet)
• Decatur Foundry
• Dynacast International
• ESCO
• Georg Fischer
• Gibbs Die Casting
• Gravity Cast
• Grede Holdings
• Grupo Industrial Saltillo SAB de CV
• Hinduja Foundries
• Hitachi Metals
• Hua Dong Teksid
• Hyundai Steel
• JCFC
• Leggett & Platt
• Martinrea Honsel Germany
• Nucor
• OSCO Industries
• Pacific Steel Casting
• Peekay Steel Castings
• Precision Castparts
• Qingdao Tian Hua Yi He Foundry Factory
• Ryobi
• Schuler
• ACO Group
Market driver
• Augmented demand from aerospace, defense, and telecom sectors.
• For a full, detailed list, view our report
Market challenge
• Environmental degradation.
• For a full, detailed list, view our report
Market trend
• Modern alternative casting methods gaining momentum.
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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