MRO Magazine

Global Industrial Casting Market Growth of 7.88% – Key Vendors are Alcoa, Dynacast International, Hitachi Metals, Precision Castparts & ThyssenKrupp – Research and Markets


January 29, 2016
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/39p8x8/global_industrial) has announced the addition of the “Global Industrial Casting Market 2015-2019” report to their offering.

The Global Industrial Casting market is expected to grow at a CAGR of 7.88% over the period 2015-2019.

The report 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 in the coming years. The report includes a discussion of the key vendors operating in this market.

The governments of many developed countries are implementing stringent regulations on the manufacturing sector to preserve the environment. The US EPA has imposed several restrictions to reduce GHG emissions and emission levels in power plants. The governments have mandated the manufacture of automobiles with high fuel efficiency to reduce GHG emissions by the automotive industry.

Consequently, OEMs and their suppliers are engaged in R&D activities to improve fuel efficiency, increase power, and reduce the weight of the core components of automobiles. This has also led to the use of non-ferrous materials such as aluminum and magnesium, which provide better structural strength and are lighter than parts made from traditional metals. Governments worldwide are likely to impose environmentally friendly legislation to reduce pollution, thereby forcing industries to adopt technologies that reduce emissions.

Further, the report states that intense competition among global metal casting manufacturers is restricting market growth.

Key Vendors:

  • Alcoa
  • Dynacast International
  • Hitachi Metals
  • Precision Castparts
  • ThyssenKrupp

Other Prominent Vendors:

  • Amcol Metal Casting
  • Bharat Forge
  • Georg Fischer
  • Schuler Group

Key Topics Covered:

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report

04. Market Research Methodology

05. Introduction

06. Market Landscape

07. Global Industrial Casting Market

08. Market Segmentation by Product for Ferrous Castings

09. Market Segmentation by Product for Non-ferrous Castings

10. Market Segmentation by End-user

11. Geographical Segmentation

12. Key Leading Countries

13. Buying Criteria

14. Market Growth Drivers

15. Drivers and their Impact

16. Market Challenges

17. Impact of Drivers and Challenges

18. Market Trends

19. Trends and their Impact

20. Vendor Landscape

21. Key Vendor Analysis

22. Other Reports in this Series

For more information visit http://www.researchandmarkets.com/research/39p8x8/global_industrial

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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