VALIDATED EXECUTIVE ENGAGEMENTS
POOL + OUTREACH
2508
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451
Interactions with Platform & by Email
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73
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VALIDATIONS
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Responses Validated*
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DATE
SEPTEMBER 2020
TABLES
117
PAGES
723
EDITION
16
PRICE
USD $5600
Easy Growth Opportunities Often Go Unnoticed. Find Your "Low Hanging Fruit".
Top Markets for Industrial Castings.
Amid the COVID-19 crisis, the global market for Industrial Castings estimated at 115.7 Million Metric Tons in the year 2020, is projected to reach a revised size of 154.8 Million Metric Tons by 2027, growing at a CAGR of 4.2% over the analysis period 2020-2027. Gray Iron Castings, one of the segments analyzed in the report, is projected to record a 4% CAGR and reach 67.2 Million Metric Tons by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Ductile Iron Castings segment is readjusted to a revised 4.7% CAGR for the next 7-year period.
The Industrial Castings market in the U.S. is estimated at 31.2 Million Metric Tons in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 33.3 Million Metric Tons by the year 2027 trailing a CAGR of 7.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.4% and 3.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.2% CAGR.
In the global Aluminum Castings segment, USA, Canada, Japan, China and Europe will drive the 3.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of 14.8 Million Metric Tons in the year 2020 will reach a projected size of 19.1 Million Metric Tons by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 22.2 Million Metric Tons by the year 2027, while Latin America will expand at a 5.3% CAGR through the analysis period. We bring years of research experience to this 16th edition of our report. The 723-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Alcoa Corp.; Avalon Precision Metalsmiths; AvioCast Inc.; Bradken Ltd.; Doncasters Group; Doosan Heavy Industries & Construction; Esco Corp.; Georg Fischer Ltd.; GIW Industries, Inc.; Great Lakes Castings LLC; Intercast & Forge Pty. Ltd.; Kubota Corp.; Meridian Lightweight Technologies; Pace Industries; Precision Castparts Corp.; Ryobi Ltd.; Shiloh Industries Inc.; Titanium Metals Corp.
» Product Segment (Gray Iron Castings, Ductile Iron Castings, Aluminum Castings, Steel Castings, Other Product Segments)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa
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05
| I. INTRODUCTION, METHODOLOGY & REPORT SCOPE |
| II. EXECUTIVE SUMMARY |
| 1. MARKET OVERVIEW |
| A Prelude |
| Global Industrial Castings Market: Fast Facts |
| Recent Market Activity |
| Improving Economy Buoys General Market Optimism |
| Steady Acceleration in Global PMI Benefits Market Growth |
| Developing Countries Continue to be Growth Engines |
| Non-BRIC Emerging Markets to Supplement Declining Growth in BRICs in the Coming Decade |
| Outlook |
| Global Competitor Market Shares |
| Industrial Castings Competitor Market Share Scenario Worldwide (in %): 2020 & 2029 |
| Impact of Covid-19 and a Looming Global Recession |
| 2. FOCUS ON SELECT PLAYERS |
| Alcoa Corporation (USA) |
| Avalon Precision Metalsmiths (USA) |
| AvioCast Inc. (Taiwan) |
| Bradken Limited (Australia) |
| Doncasters Group (UK) |
| Doosan Heavy Industries & Construction (South Korea) |
| Esco Corporation (USA) |
| Georg Fischer Ltd. (Switzerland) |
| GIW Industries, Inc. (USA) |
| Great Lakes Castings LLC (USA) |
| Intercast & Forge Pty. Ltd. (Australia) |
| Kubota Corporation (Japan) |
| Meridian Lightweight Technologies (USA) |
| Pace Industries (USA) |
| Precision Castparts Corp. (USA) |
| Titanium Metals Corporation (TIMET) (USA) |
| Ryobi Limited (Japan) |
| Shiloh Industries Inc. (USA) |
| 3. MARKET TRENDS & DRIVERS |
| Ferrous Metal Castings Continue to Rule the Roost |
| Nonferrous Metal Castings: Steadily Gaining Ground |
| Aluminum Castings Sets Pace for Initial Growth in Non-Ferrous Metal Castings Segment |
| Magnesium Die-Castings Set to Find Great Demand |
| Transportation Sector Drives Demand for NF Castings |
| Automotive Industry: The Major End-Use Sector |
| Shift Towards Light Metal Cast Parts |
| Metallic Foams Gain Popularity |
| Heavy Transportation Segments Add to the Demand |
| Heavy Industrial Equipment/Machinery Manufacturing Industry Promises Bright Prospects |
| Opportunity Indicators |
| Power Industry Adds to the Demand |
| Opportunity Indicators |
| Mechanization of Agriculture Adds to the Demand |
| Production of Plumbing Pipes & Fittings - A Lucrative Market Opportunity for Castings |
| Opportunity Indicator |
| Demand for Industrial Valves Aids in Market Growth |
| Production Scenario |
| Foundry Industry - A Review |
| High Costs Push Foundry Facilities in Developed World to Developing Regions |
| China - The Global Castings Hub |
| Manufacturing Trends |
| Focus on Efficiency and Sustainable Production on the Rise |
| Product Developments & Technology Innovations Drive the Market |
| Developments in Testing Techniques - An Insight |
| Noteworthy Innovations over the Years |
| A New Approach to Semi-Solid Metal (SSM) Casting |
| Key Issues & Challenges |
| Emergence of Plastics as a Fast Growing Substitute Bothers the Market - A Major Challenge |
| Captive In-house Casting Operations of End-Customers Threatening Market Prospects for Dedicated Metal Casters |
| Growing Raw Material Prices & Supply Concerns Continue to Post Stiff Challenge |
| 4. GLOBAL MARKET PERSPECTIVE |
| Industrial Castings Global Market Estimates and Forecasts in Thousand Metric Tons by Region/Country: 2018-2025 |
| Industrial Castings Global Retrospective Market Scenario in Thousand Metric Tons by Region/Country: 2009-2017 |
| Industrial Castings Market Share Shift across Key Geographies Worldwide: 2009 VS 2019 VS 2025 |
| Gray Iron Castings (Product Segment) World Market by Region/Country in Thousand Metric Tons: 2018 to 2025 |
| Gray Iron Castings (Product Segment) Historic Market Analysis by Region/Country in Thousand Metric Tons: 2009 to 2017 |
| Gray Iron Castings (Product Segment) Market Share Breakdown of Worldwide Sales by Region/Country: 2009 VS 2019 VS 2025 |
| Ductile Iron Castings (Product Segment) Potential Growth Markets Worldwide in Thousand Metric Tons: 2018 to 2025 |
| Ductile Iron Castings (Product Segment) Historic Market Perspective by Region/Country in Thousand Metric Tons: 2009 to 2017 |
| Ductile Iron Castings (Product Segment) Market Sales Breakdown by Region/Country in Percentage: 2009 VS 2019 VS 2025 |
| Aluminum Castings (Product Segment) Geographic Market Spread Worldwide in Thousand Metric Tons: 2018 to 2025 |
| Aluminum Castings (Product Segment) Region Wise Breakdown of Global Historic Demand in Thousand Metric Tons: 2009 to 2017 |
| Aluminum Castings (Product Segment) Market Share Distribution in Percentage by Region/Country: 2009 VS 2019 VS 2025 |
| Steel Castings (Product Segment) World Market Estimates and Forecasts by Region/Country in Thousand Metric Tons: 2018 to 2025 |
| Steel Castings (Product Segment) Market Historic Review by Region/Country in Thousand Metric Tons: 2009 to 2017 |
| Steel Castings (Product Segment) Market Share Breakdown by Region/Country: 2009 VS 2019 VS 2025 |
| Other Product Segments (Product Segment) World Market by Region/Country in Thousand Metric Tons: 2018 to 2025 |
| Other Product Segments (Product Segment) Historic Market Analysis by Region/Country in Thousand Metric Tons: 2009 to 2017 |
| Other Product Segments (Product Segment) Market Share Distribution in Percentage by Region/Country: 2009 VS 2019 VS 2025 |
| III. MARKET ANALYSIS |
| GEOGRAPHIC MARKET ANALYSIS |
| United States |
| Market Facts & Figures |
| US Industrial Castings Market Share (in %) by Company: 2020 & 2025 |
| United States Industrial Castings Market Estimates and Projections in Thousand Metric Tons by Product Segment: 2018 to 2025 |
| Industrial Castings Market in the United States by Product Segment: A Historic Review in Thousand Metric Tons for 2009-2017 |
| United States Industrial Castings Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
| Canada |
| Canadian Industrial Castings Market Estimates and Forecasts in Thousand Metric Tons by Product Segment: 2018 to 2025 |
| Canadian Industrial Castings Historic Market Review by Product Segment in Thousand Metric Tons: 2009-2017 |
| Industrial Castings Market in Canada: Percentage Share Breakdown of Sales by Product Segment for 2009, 2019, and 2025 |
| Japan |
| Japanese Market for Industrial Castings: Annual Sales Estimates and Projections in Thousand Metric Tons by Product Segment for the Period 2018-2025 |
| Industrial Castings Market in Japan: Historic Sales Analysis in Thousand Metric Tons by Product Segment for the Period 2009-2017 |
| Japanese Industrial Castings Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025 |
| China |
| Chinese Industrial Castings Market Growth Prospects in Thousand Metric Tons by Product Segment for the Period 2018-2025 |
| Industrial Castings Historic Market Analysis in China in Thousand Metric Tons by Product Segment: 2009-2017 |
| Chinese Industrial Castings Market by Product Segment: Percentage Breakdown of Sales for 2009, 2019, and 2025 |
| Europe |
| Market Facts & Figures |
| European Industrial Castings Market: Competitor Market Share Scenario (in %) for 2020 & 2025 |
| European Industrial Castings Market Demand Scenario in Thousand Metric Tons by Region/Country: 2018-2025 |
| Industrial Castings Market in Europe: A Historic Market Perspective in Thousand Metric Tons by Region/Country for the Period 2009-2017 |
| European Industrial Castings Market Share Shift by Region/Country: 2009 VS 2019 VS 2025 |
| European Industrial Castings Market Estimates and Forecasts in Thousand Metric Tons by Product Segment: 2018-2025 |
| Industrial Castings Market in Europe in Thousand Metric Tons by Product Segment: A Historic Review for the Period 2009-2017 |
| European Industrial Castings Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
| France |
| Industrial Castings Market in France by Product Segment: Estimates and Projections in Thousand Metric Tons for the Period 2018-2025 |
| French Industrial Castings Historic Market Scenario in Thousand Metric Tons by Product Segment: 2009-2017 |
| French Industrial Castings Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025 |
| Germany |
| Industrial Castings Market in Germany: Recent Past, Current and Future Analysis in Thousand Metric Tons by Product Segment for the Period 2018-2025 |
| German Industrial Castings Historic Market Analysis in Thousand Metric Tons by Product Segment: 2009-2017 |
| German Industrial Castings Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
| Italy |
| Italian Industrial Castings Market Growth Prospects in Thousand Metric Tons by Product Segment for the Period 2018-2025 |
| Industrial Castings Historic Market Analysis in Italy in Thousand Metric Tons by Product Segment: 2009-2017 |
| Italian Industrial Castings Market by Product Segment: Percentage Breakdown of Sales for 2009, 2019, and 2025 |
| United Kingdom |
| United Kingdom Market for Industrial Castings: Annual Sales Estimates and Projections in Thousand Metric Tons by Product Segment for the Period 2018-2025 |
| Industrial Castings Market in the United Kingdom: Historic Sales Analysis in Thousand Metric Tons by Product Segment for the Period 2009-2017 |
| United Kingdom Industrial Castings Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025 |
| Spain |
| Spanish Industrial Castings Market Estimates and Forecasts in Thousand Metric Tons by Product Segment: 2018 to 2025 |
| Spanish Industrial Castings Historic Market Review by Product Segment in Thousand Metric Tons: 2009-2017 |
| Industrial Castings Market in Spain: Percentage Share Breakdown of Sales by Product Segment for 2009, 2019, and 2025 |
| Russia |
| Russian Industrial Castings Market Estimates and Projections in Thousand Metric Tons by Product Segment: 2018 to 2025 |
| Industrial Castings Market in Russia by Product Segment: A Historic Review in Thousand Metric Tons for 2009-2017 |
| Russian Industrial Castings Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
| Rest of Europe |
| Rest of Europe Industrial Castings Market Estimates and Forecasts in Thousand Metric Tons by Product Segment: 2018-2025 |
| Industrial Castings Market in Rest of Europe in Thousand Metric Tons by Product Segment: A Historic Review for the Period 2009-2017 |
| Rest of Europe Industrial Castings Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
| Asia-Pacific |
| Asia-Pacific Industrial Castings Market Estimates and Forecasts in Thousand Metric Tons by Region/Country: 2018-2025 |
| Industrial Castings Market in Asia-Pacific: Historic Market Analysis in Thousand Metric Tons by Region/Country for the Period 2009-2017 |
| Asia-Pacific Industrial Castings Market Share Analysis by Region/Country: 2009 VS 2019 VS 2025 |
| Industrial Castings Market in Asia-Pacific by Product Segment: Estimates and Projections in Thousand Metric Tons for the Period 2018-2025 |
| Asia-Pacific Industrial Castings Historic Market Scenario in Thousand Metric Tons by Product Segment: 2009-2017 |
| Asia-Pacific Industrial Castings Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025 |
| Australia |
| Industrial Castings Market in Australia: Recent Past, Current and Future Analysis in Thousand Metric Tons by Product Segment for the Period 2018-2025 |
| Australian Industrial Castings Historic Market Analysis in Thousand Metric Tons by Product Segment: 2009-2017 |
| Australian Industrial Castings Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
| India |
| Indian Industrial Castings Market Estimates and Forecasts in Thousand Metric Tons by Product Segment: 2018 to 2025 |
| Indian Industrial Castings Historic Market Review by Product Segment in Thousand Metric Tons: 2009-2017 |
| Industrial Castings Market in India: Percentage Share Breakdown of Sales by Product Segment for 2009, 2019, and 2025 |
| South Korea |
| Industrial Castings Market in South Korea: Recent Past, Current and Future Analysis in Thousand Metric Tons by Product Segment for the Period 2018-2025 |
| South Korean Industrial Castings Historic Market Analysis in Thousand Metric Tons by Product Segment: 2009-2017 |
| Industrial Castings Market Share Distribution in South Korea by Product Segment: 2009 VS 2019 VS 2025 |
| Rest of Asia-Pacific |
| Rest of Asia-Pacific Market for Industrial Castings: Annual Sales Estimates and Projections in Thousand Metric Tons by Product Segment for the Period 2018-2025 |
| Industrial Castings Market in Rest of Asia-Pacific: Historic Sales Analysis in Thousand Metric Tons by Product Segment for the Period 2009-2017 |
| Rest of Asia-Pacific Industrial Castings Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025 |
| Latin America |
| Latin American Industrial Castings Market Trends by Region/Country in Thousand Metric Tons: 2018-2025 |
| Industrial Castings Market in Latin America in Thousand Metric Tons by Region/Country: A Historic Perspective for the Period 2009-2017 |
| Latin American Industrial Castings Market Percentage Breakdown of Sales by Region/Country: 2009, 2019, and 2025 |
| Latin American Industrial Castings Market Growth Prospects in Thousand Metric Tons by Product Segment for the Period 2018-2025 |
| Industrial Castings Historic Market Analysis in Latin America in Thousand Metric Tons by Product Segment: 2009-2017 |
| Latin American Industrial Castings Market by Product Segment: Percentage Breakdown of Sales for 2009, 2019, and 2025 |
| Argentina |
| Argentinean Industrial Castings Market Estimates and Forecasts in Thousand Metric Tons by Product Segment: 2018-2025 |
| Industrial Castings Market in Argentina in Thousand Metric Tons by Product Segment: A Historic Review for the Period 2009-2017 |
| Argentinean Industrial Castings Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
| Brazil |
| Industrial Castings Market in Brazil by Product Segment: Estimates and Projections in Thousand Metric Tons for the Period 2018-2025 |
| Brazilian Industrial Castings Historic Market Scenario in Thousand Metric Tons by Product Segment: 2009-2017 |
| Brazilian Industrial Castings Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025 |
| Mexico |
| Industrial Castings Market in Mexico: Recent Past, Current and Future Analysis in Thousand Metric Tons by Product Segment for the Period 2018-2025 |
| Mexican Industrial Castings Historic Market Analysis in Thousand Metric Tons by Product Segment: 2009-2017 |
| Mexican Industrial Castings Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
| Rest of Latin America |
| Rest of Latin America Industrial Castings Market Estimates and Projections in Thousand Metric Tons by Product Segment: 2018 to 2025 |
| Industrial Castings Market in Rest of Latin America by Product Segment: A Historic Review in Thousand Metric Tons for 2009-2017 |
| Rest of Latin America Industrial Castings Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
| Middle East |
| The Middle East Industrial Castings Market Estimates and Forecasts in Thousand Metric Tons by Region/Country: 2018-2025 |
| Industrial Castings Market in the Middle East by Region/Country in Thousand Metric Tons: 2009-2017 |
| The Middle East Industrial Castings Market Share Breakdown by Region/Country: 2009, 2019, and 2025 |
| The Middle East Industrial Castings Market Estimates and Forecasts in Thousand Metric Tons by Product Segment: 2018 to 2025 |
| The Middle East Industrial Castings Historic Market by Product Segment in Thousand Metric Tons: 2009-2017 |
| Industrial Castings Market in the Middle East: Percentage Share Breakdown of Sales by Product Segment for 2009, 2019, and 2025 |
| Iran |
| Iranian Market for Industrial Castings: Annual Sales Estimates and Projections in Thousand Metric Tons by Product Segment for the Period 2018-2025 |
| Industrial Castings Market in Iran: Historic Sales Analysis in Thousand Metric Tons by Product Segment for the Period 2009-2017 |
| Iranian Industrial Castings Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025 |
| Israel |
| Israeli Industrial Castings Market Estimates and Forecasts in Thousand Metric Tons by Product Segment: 2018-2025 |
| Industrial Castings Market in Israel in Thousand Metric Tons by Product Segment: A Historic Review for the Period 2009-2017 |
| Israeli Industrial Castings Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
| Saudi Arabia |
| Saudi Arabian Industrial Castings Market Growth Prospects in Thousand Metric Tons by Product Segment for the Period 2018-2025 |
| Industrial Castings Historic Market Analysis in Saudi Arabia in Thousand Metric Tons by Product Segment: 2009-2017 |
| Saudi Arabian Industrial Castings Market by Product Segment: Percentage Breakdown of Sales for 2009, 2019, and 2025 |
| United Arab Emirates |
| Industrial Castings Market in the United Arab Emirates: Recent Past, Current and Future Analysis in Thousand Metric Tons by Product Segment for the Period 2018-2025 |
| United Arab Emirates Industrial Castings Historic Market Analysis in Thousand Metric Tons by Product Segment: 2009-2017 |
| Industrial Castings Market Share Distribution in United Arab Emirates by Product Segment: 2009 VS 2019 VS 2025 |
| Rest of Middle East |
| Industrial Castings Market in Rest of Middle East: Recent Past, Current and Future Analysis in Thousand Metric Tons by Product Segment for the Period 2018-2025 |
| Rest of Middle East Industrial Castings Historic Market Analysis in Thousand Metric Tons by Product Segment: 2009-2017 |
| Rest of Middle East Industrial Castings Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
| Africa |
| African Industrial Castings Market Estimates and Projections in Thousand Metric Tons by Product Segment: 2018 to 2025 |
| Industrial Castings Market in Africa by Product Segment: A Historic Review in Thousand Metric Tons for 2009-2017 |
| African Industrial Castings Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
| IV. COMPETITION |
| Total Companies Profiled : 234 Click here to request a full table of contents and more details on this project. |
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