Industrial Casting Market in Us 2024-2028

Industrial Casting Market in Us 2024-2028


Global Industrial Casting Market In US 2024-2028

The industrial casting market in us is forecasted to grow by USD 4.47 bn during 2023-2028, accelerating at a CAGR of 4.69% during the forecast period. The report on the industrial casting market in us provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand from automotive industry, increased use of simulation-based castings, and increased demand for iron casting from renewable energy sector.

Technavio's industrial casting market in us is segmented as below:
  • By Type
  • Non ferrous
  • Ferrous
  • By End-user
  • Machinery
  • Automotive
  • Electrical and electronics
  • Others
  • By Geographical Landscape
  • North America
This study identifies the shift from ferrous to non ferrous castings as one of the prime reasons driving the industrial casting market in us growth during the next few years. Also, increasing use of lightweight materials, especially aluminum, in various end-user industries and rise in technological advancements will lead to sizable demand in the market.

The report on the industrial casting market in us covers the following areas:
  • Industrial casting market in us sizing
  • Industrial casting market in us forecast
  • Industrial casting market in us industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial casting market in us vendors that include Alcoa Corp., Aludyne Inc., Andritz AG, Charlotte Pipe and Foundry Co., D.W. Clark, EJ Group Inc., Georg Fischer Ltd., Great Lakes Castings LLC, Grupo Industrial Saltillo SAB de CV, Impro Precision Industries Ltd., KSB SE and Co. KGaA, Meridian Lightweight Technologies Inc., MetalTek International, Neenah Enterprises Inc., OSCO Industries Inc., Pace Industries, Precision Castparts Corp., Sivyer Steel Castings LLC, Sujan Industries, and The Weir Group Plc. Also, the industrial casting market in us analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ billion)
Data Table on US - Market size and forecast 2023-2028 ($ billion)
Chart on US: Year-over-year growth 2023-2028 (%)
Data Table on US: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Industrial Casting Market in US 2018 - 2022
Historic Market Size - Data Table on Industrial Casting Market in US 2018 - 2022 ($ billion)
4.2 Type segment analysis 2018 - 2022
Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.3 End-user segment analysis 2018 - 2022
Historic Market Size - End-user Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
6.1 Market segments
Chart on Type - Market share 2023-2028 (%)
Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
6.3 Non ferrous - Market size and forecast 2023-2028
Chart on Non ferrous - Market size and forecast 2023-2028 ($ billion)
Data Table on Non ferrous - Market size and forecast 2023-2028 ($ billion)
Chart on Non ferrous - Year-over-year growth 2023-2028 (%)
Data Table on Non ferrous - Year-over-year growth 2023-2028 (%)
6.4 Ferrous - Market size and forecast 2023-2028
Chart on Ferrous - Market size and forecast 2023-2028 ($ billion)
Data Table on Ferrous - Market size and forecast 2023-2028 ($ billion)
Chart on Ferrous - Year-over-year growth 2023-2028 (%)
Data Table on Ferrous - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Type
Market opportunity by Type ($ billion)
Data Table on Market opportunity by Type ($ billion)
7 Market Segmentation by End-user
7.1 Market segments
Chart on End-user - Market share 2023-2028 (%)
Data Table on End-user - Market share 2023-2028 (%)
7.2 Comparison by End-user
Chart on Comparison by End-user
Data Table on Comparison by End-user
7.3 Machinery - Market size and forecast 2023-2028
Chart on Machinery - Market size and forecast 2023-2028 ($ billion)
Data Table on Machinery - Market size and forecast 2023-2028 ($ billion)
Chart on Machinery - Year-over-year growth 2023-2028 (%)
Data Table on Machinery - Year-over-year growth 2023-2028 (%)
7.4 Automotive - Market size and forecast 2023-2028
Chart on Automotive - Market size and forecast 2023-2028 ($ billion)
Data Table on Automotive - Market size and forecast 2023-2028 ($ billion)
Chart on Automotive - Year-over-year growth 2023-2028 (%)
Data Table on Automotive - Year-over-year growth 2023-2028 (%)
7.5 Electrical and electronics - Market size and forecast 2023-2028
Chart on Electrical and electronics - Market size and forecast 2023-2028 ($ billion)
Data Table on Electrical and electronics - Market size and forecast 2023-2028 ($ billion)
Chart on Electrical and electronics - Year-over-year growth 2023-2028 (%)
Data Table on Electrical and electronics - Year-over-year growth 2023-2028 (%)
7.6 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ billion)
Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by End-user
Market opportunity by End-user ($ billion)
Data Table on Market opportunity by End-user ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 Alcoa Corp.
Alcoa Corp. - Overview
Alcoa Corp. - Business segments
Alcoa Corp. - Key news
Alcoa Corp. - Key offerings
Alcoa Corp. - Segment focus
11.4 Charlotte Pipe and Foundry Co.
Charlotte Pipe and Foundry Co. - Overview
Charlotte Pipe and Foundry Co. - Product / Service
Charlotte Pipe and Foundry Co. - Key offerings
11.5 D.W. Clark
D.W. Clark - Overview
D.W. Clark - Product / Service
D.W. Clark - Key offerings
11.6 EJ Group Inc.
EJ Group Inc. - Overview
EJ Group Inc. - Product / Service
EJ Group Inc. - Key offerings
11.7 Georg Fischer AG
Georg Fischer AG - Overview
Georg Fischer AG - Business segments
Georg Fischer AG - Key news
Georg Fischer AG - Key offerings
Georg Fischer AG - Segment focus
11.8 Great Lakes Castings LLC
Great Lakes Castings LLC - Overview
Great Lakes Castings LLC - Product / Service
Great Lakes Castings LLC - Key offerings
11.9 Grupo Industrial Saltillo SAB de CV
Grupo Industrial Saltillo SAB de CV - Overview
Grupo Industrial Saltillo SAB de CV - Business segments
Grupo Industrial Saltillo SAB de CV - Key offerings
Grupo Industrial Saltillo SAB de CV - Segment focus
11.10 Impro Precision Industries Ltd.
Impro Precision Industries Ltd. - Overview
Impro Precision Industries Ltd. - Business segments
Impro Precision Industries Ltd. - Key offerings
Impro Precision Industries Ltd. - Segment focus
11.11 KSB SE and Co. KGaA
KSB SE and Co. KGaA - Overview
KSB SE and Co. KGaA - Business segments
KSB SE and Co. KGaA - Key offerings
KSB SE and Co. KGaA - Segment focus
11.12 Meridian Lightweight Technologies Inc.
Meridian Lightweight Technologies Inc. - Overview
Meridian Lightweight Technologies Inc. - Product / Service
Meridian Lightweight Technologies Inc. - Key offerings
11.13 MetalTek International
MetalTek International - Overview
MetalTek International - Product / Service
MetalTek International - Key offerings
11.14 Neenah Enterprises Inc.
Neenah Enterprises Inc. - Overview
Neenah Enterprises Inc. - Product / Service
Neenah Enterprises Inc. - Key offerings
11.15 OSCO Industries Inc.
OSCO Industries Inc. - Overview
OSCO Industries Inc. - Product / Service
OSCO Industries Inc. - Key offerings
11.16 Pace Industries
Pace Industries - Overview
Pace Industries - Product / Service
Pace Industries - Key offerings
11.17 The Weir Group Plc
The Weir Group Plc - Overview
The Weir Group Plc - Business segments
The Weir Group Plc - Key news
The Weir Group Plc - Key offerings
The Weir Group Plc - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Country Market Characteristics
Exhibits4: Executive Summary - Chart on Market Segmentation by Type
Exhibits5: Executive Summary - Chart on Market Segmentation by End-user
Exhibits6: Executive Summary - Chart on Company Market Positioning
Exhibits7: Parent Market
Exhibits8: Data Table on - Parent Market
Exhibits9: Market characteristics analysis
Exhibits10: Value Chain Analysis
Exhibits11: Offerings of companies included in the market definition
Exhibits12: Market segments
Exhibits13: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits14: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits15: Chart on US: Year-over-year growth 2023-2028 (%)
Exhibits16: Data Table on US: Year-over-year growth 2023-2028 (%)
Exhibits17: Historic Market Size - Data Table on Industrial Casting Market in US 2018 - 2022 ($ billion)
Exhibits18: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
Exhibits19: Historic Market Size - End-user Segment 2018 - 2022 ($ billion)
Exhibits20: Five forces analysis - Comparison between 2023 and 2028
Exhibits21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits26: Chart on Market condition - Five forces 2023 and 2028
Exhibits27: Chart on Type - Market share 2023-2028 (%)
Exhibits28: Data Table on Type - Market share 2023-2028 (%)
Exhibits29: Chart on Comparison by Type
Exhibits30: Data Table on Comparison by Type
Exhibits31: Chart on Non ferrous - Market size and forecast 2023-2028 ($ billion)
Exhibits32: Data Table on Non ferrous - Market size and forecast 2023-2028 ($ billion)
Exhibits33: Chart on Non ferrous - Year-over-year growth 2023-2028 (%)
Exhibits34: Data Table on Non ferrous - Year-over-year growth 2023-2028 (%)
Exhibits35: Chart on Ferrous - Market size and forecast 2023-2028 ($ billion)
Exhibits36: Data Table on Ferrous - Market size and forecast 2023-2028 ($ billion)
Exhibits37: Chart on Ferrous - Year-over-year growth 2023-2028 (%)
Exhibits38: Data Table on Ferrous - Year-over-year growth 2023-2028 (%)
Exhibits39: Market opportunity by Type ($ billion)
Exhibits40: Data Table on Market opportunity by Type ($ billion)
Exhibits41: Chart on End-user - Market share 2023-2028 (%)
Exhibits42: Data Table on End-user - Market share 2023-2028 (%)
Exhibits43: Chart on Comparison by End-user
Exhibits44: Data Table on Comparison by End-user
Exhibits45: Chart on Machinery - Market size and forecast 2023-2028 ($ billion)
Exhibits46: Data Table on Machinery - Market size and forecast 2023-2028 ($ billion)
Exhibits47: Chart on Machinery - Year-over-year growth 2023-2028 (%)
Exhibits48: Data Table on Machinery - Year-over-year growth 2023-2028 (%)
Exhibits49: Chart on Automotive - Market size and forecast 2023-2028 ($ billion)
Exhibits50: Data Table on Automotive - Market size and forecast 2023-2028 ($ billion)
Exhibits51: Chart on Automotive - Year-over-year growth 2023-2028 (%)
Exhibits52: Data Table on Automotive - Year-over-year growth 2023-2028 (%)
Exhibits53: Chart on Electrical and electronics - Market size and forecast 2023-2028 ($ billion)
Exhibits54: Data Table on Electrical and electronics - Market size and forecast 2023-2028 ($ billion)
Exhibits55: Chart on Electrical and electronics - Year-over-year growth 2023-2028 (%)
Exhibits56: Data Table on Electrical and electronics - Year-over-year growth 2023-2028 (%)
Exhibits57: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits58: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits59: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits60: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits61: Market opportunity by End-user ($ billion)
Exhibits62: Data Table on Market opportunity by End-user ($ billion)
Exhibits63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits64: Impact of drivers and challenges in 2023 and 2028
Exhibits65: Overview on criticality of inputs and factors of differentiation
Exhibits66: Overview on factors of disruption
Exhibits67: Impact of key risks on business
Exhibits68: Companies covered
Exhibits69: Matrix on companies position and classification
Exhibits70: Alcoa Corp. - Overview
Exhibits71: Alcoa Corp. - Business segments
Exhibits72: Alcoa Corp. - Key news
Exhibits73: Alcoa Corp. - Key offerings
Exhibits74: Alcoa Corp. - Segment focus
Exhibits75: Charlotte Pipe and Foundry Co. - Overview
Exhibits76: Charlotte Pipe and Foundry Co. - Product / Service
Exhibits77: Charlotte Pipe and Foundry Co. - Key offerings
Exhibits78: D.W. Clark - Overview
Exhibits79: D.W. Clark - Product / Service
Exhibits80: D.W. Clark - Key offerings
Exhibits81: EJ Group Inc. - Overview
Exhibits82: EJ Group Inc. - Product / Service
Exhibits83: EJ Group Inc. - Key offerings
Exhibits84: Georg Fischer AG - Overview
Exhibits85: Georg Fischer AG - Business segments
Exhibits86: Georg Fischer AG - Key news
Exhibits87: Georg Fischer AG - Key offerings
Exhibits88: Georg Fischer AG - Segment focus
Exhibits89: Great Lakes Castings LLC - Overview
Exhibits90: Great Lakes Castings LLC - Product / Service
Exhibits91: Great Lakes Castings LLC - Key offerings
Exhibits92: Grupo Industrial Saltillo SAB de CV - Overview
Exhibits93: Grupo Industrial Saltillo SAB de CV - Business segments
Exhibits94: Grupo Industrial Saltillo SAB de CV - Key offerings
Exhibits95: Grupo Industrial Saltillo SAB de CV - Segment focus
Exhibits96: Impro Precision Industries Ltd. - Overview
Exhibits97: Impro Precision Industries Ltd. - Business segments
Exhibits98: Impro Precision Industries Ltd. - Key offerings
Exhibits99: Impro Precision Industries Ltd. - Segment focus
Exhibits100: KSB SE and Co. KGaA - Overview
Exhibits101: KSB SE and Co. KGaA - Business segments
Exhibits102: KSB SE and Co. KGaA - Key offerings
Exhibits103: KSB SE and Co. KGaA - Segment focus
Exhibits104: Meridian Lightweight Technologies Inc. - Overview
Exhibits105: Meridian Lightweight Technologies Inc. - Product / Service
Exhibits106: Meridian Lightweight Technologies Inc. - Key offerings
Exhibits107: MetalTek International - Overview
Exhibits108: MetalTek International - Product / Service
Exhibits109: MetalTek International - Key offerings
Exhibits110: Neenah Enterprises Inc. - Overview
Exhibits111: Neenah Enterprises Inc. - Product / Service
Exhibits112: Neenah Enterprises Inc. - Key offerings
Exhibits113: OSCO Industries Inc. - Overview
Exhibits114: OSCO Industries Inc. - Product / Service
Exhibits115: OSCO Industries Inc. - Key offerings
Exhibits116: Pace Industries - Overview
Exhibits117: Pace Industries - Product / Service
Exhibits118: Pace Industries - Key offerings
Exhibits119: The Weir Group Plc - Overview
Exhibits120: The Weir Group Plc - Business segments
Exhibits121: The Weir Group Plc - Key news
Exhibits122: The Weir Group Plc - Key offerings
Exhibits123: The Weir Group Plc - Segment focus
Exhibits124: Inclusions checklist
Exhibits125: Exclusions checklist
Exhibits126: Currency conversion rates for US$
Exhibits127: Research methodology
Exhibits128: Information sources
Exhibits129: Data validation
Exhibits130: Validation techniques employed for market sizing
Exhibits131: Data synthesis
Exhibits132: 360 degree market analysis
Exhibits133: List of abbreviations

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