At A CAGR Of 5.82% , Global Non-ferrous Casting Industry will rise in the period of 2016-2020
About Non-ferrous Casting
Metal casting is a manufacturing process in which metal (molten or liquid) is poured into a mold made of sand or ceramic plaster.
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The mold contains a hollow cavity of the desired shape, to form geometrically complex parts. The most common non-ferrous metals used for casting are aluminum, magnesium, zinc, and copper-based alloys. Metal casting finds application in vehicles; planes; trains; mining, construction, and electrical equipment; oil wells; pipes; toys; space shuttles; wind turbines; and nuclear plants.
The techniques for non-ferrous casting include die casting, centrifugal casting, high pressure casting, vacuum casting, and investment casting. Non-ferrous casting involves processes such as fluxing, metal refining, degassing, grain refining and pumping, and filtration.
Technavios analysts forecast the global non-ferrous casting market to grow at a CAGR of 5.82% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global non-ferrous casting market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the market.
The market is divided into the following segments based on metal type:
Aluminum
Copper
Magnesium
Zinc
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Technavio's report, Global Non-ferrous Casting 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
Alcoa
Amcol Metalcasting
Dynacast
Hitachi
Precision Castparts
Other prominent vendors
Georg Fischer
Schuler
Market driver
Increased simulation-based castings
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Market challenge
Increased energy requirements
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Market trend
Stringent government regulations
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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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