Global Industrial Castings Market Growth 2023-2029

Global Industrial Castings Market Growth 2023-2029

Industrial casting is a process in which liquid or molten metal is poured into a mold. These molds comprise a hollow cavity of the desired shape to form complex geometrical parts. A mold can be produced from materials such as ceramic and sand plaster. Metals and alloys such as iron, aluminum, magnesium, zinc, steel, and copper are primarily used for casting.

LPI (LP Information)' newest research report, the “Industrial Castings Industry Forecast” looks at past sales and reviews total world Industrial Castings sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Castings sales for 2023 through 2029. With Industrial Castings sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Castings industry.

This Insight Report provides a comprehensive analysis of the global Industrial Castings landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Castings portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Castings market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Castings and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Castings.

The global Industrial Castings market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The aluminum casting is widely used in industrial casting, henceforth, expected to expand during the forecast period due to increase in use of the automotive industry and a rise in new applications of industrial casting. Aluminum parts, metal of casting are widely used in vehicles in place of steel and iron components due to their light weight and ability to increase fuel efficiency.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Castings market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Ferrous
Non-ferrous

Segmentation by application
Machinery & Equipment
Automotive
Pipe & Fitting
Valves, Pumps & Compressors
Rail
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Waupaca Foundry
AAM(Grede Holdings)
Neenah Foundry
Metal Technologies
Cifunsa
Wescast Industries
INTAT Precision
Chassix
Aarrowcast
Cadillac Casting
Rochester Metal Products
Goldens’Foundry
Alcoa
Weichai
Xinxing Ductile Iron Pipes
Georg Fischer
Faw Foundry
Huaxiang Group
Meide Casting
Kobe Steel

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial Castings market?

What factors are driving Industrial Castings market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Industrial Castings market opportunities vary by end market size?

How does Industrial Castings break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.