Research and Markets: Global Industrial Casting Market to Grow at a CAGR of 7.88% Over the Period 2015-2019, New Report Says
August 6, 2015 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/6hlkhg/global_industrial) has announced the addition of the “Global Industrial Casting Market 2015-2019” report to their offering.
Industrial casting is a manufacturing process in which molten or liquid metal is poured into a mold that contains a hollow cavity of the desired shape to form geometrically complex parts. A mold can be of various materials such as sand and ceramic plaster, and it is like a cup on which the molten metal is poured. The most common metals used for casting are iron, aluminum, magnesium, zinc, steel, and copper-based alloys.
According to the report, global industrial casting manufacturers have adopted many advanced technologies based on the needs of end-users such as the automotive and industrial machinery industries. Various industries require castings with exact dimensions of shape, size, and weight for their manufacturing purposes. This has compelled metal casting manufacturers to adopt simulation-based castings for developing perfect castings while manufacturing. These simulation-based models also help in decreasing wastage and reduce operation costs. Precise designs also benefit end-users as they meet their specific needs and this has become a standard in the casting industry.
Further, the report states that intense competition among global metal casting manufacturers also restricts market growth.
Key Topics Covered
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Global Industrial Casting Market
- Market Segmentation by Product for Ferrous Castings
- Market Segmentation by Product for Non-ferrous Castings
- Market Segmentation by End-user
- Geographical Segmentation
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
Companies Mentioned
- Alcoa
- Amcol Metal Casting
- Bharat Forge
- Dynacast International
- Georg Fischer
- Hitachi Metals
- Precision Castparts
- Schuler Group
- ThyssenKrupp
For more information visithttp://www.researchandmarkets.com/research/6hlkhg/global_industrial
View source version on businesswire.com: http://www.businesswire.com/news/home/20150806005568/en/
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