The Investment Casting market report provides an unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas, market drivers, which would help stakeholders to device and align market strategies according to the current and future market dynamics. The Investment Casting market report thoroughly covers the market by product device, deployment, verticals and countries.
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About Investment Casting Industry
Various investment casting plants are available for casting on which various, for example aluminum and copper-based, all alloys, but also special alloys and pure metals can be cast.
The main advantages of precision casting are weight reduction, increase in stability, freedom in design and cost reduction.
The global production of investment casting increases from 1510 K MT in 2012 to 1803 K MT in 2016, at a CAGR of more than 4.53%. In 2016, in term of volume, the global investment casting market is led by China, capturing about 60.67% of global investment casting production. In term of revenue, USA is the second’s largest market with the share of 32.66%. Because the products of USA are mainly aluminum and titanium investment casting products for the aerospace and defense end markets.
At present, the investment casting are rather dispersion and the major manufacturers of investment casting are Alcoa, Precision Castparts, CIREX, Zollern, Milwaukee Precision Casting, MetalTek, RLM Industries, Impro, Dongying Giayoung, Dongfeng, Ningbo Wanguan, Taizhou Xinyu, etc. Alcoa and Precision Castparts are industry-leading manufacturers of top-quality investment castings for a broad range of parts, industries and applications.
China is a big investment casting production country, but it is not strong country. According to our research and analysis, manufacturers from United States and Europe are the major leaders in the international market of investment casting. Manufacturers from China are immature in technology. There is large space in the China market, as well as big gap between international brands and local brands on price.
In application, investment casting downstream is wide and recently investment casting has acquired increasing significance in various fields of automotive, aerospace &military, Industrial Gas Turbines and general industrial machinery and others. There is a big price gap in different application field. The United States local high-end manufacturers account for large share of the revenue market though they hold small consumption volume share of United States.
Globally, the investment casting market is mainly driven by growing demand for general industrial machinery which accounts for nearly 63.20% of total downstream consumption of investment casting in global.
In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, investment casting consumption will show a trend of steady growth. In 2023 the sales of investment casting is estimated to be 2426 K MT. On product prices, the slow downward trend in recent years will maintain in the future.
The worldwide market for Investment Casting is expected to grow at a CAGR of roughly 3.6% over the next five years, will reach 24500 million US$ in 2024, from 19800 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Investment Casting in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The overviews, SWOT analysis and strategies of each vendor in the Investment Casting market provide understanding about the market forces and how those can be exploited to create future opportunities.
Key Players in this Investment Casting market are:–
Milwaukee Precision Casting
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Production Analysis: SWOT analysis of major key players of Investment Casting industry based on a Strengths, Weaknesses, company’s internal & external environments. …, Opportunities and Threats. . It also includes Production, Revenue, and average product price and market shares of key players. Those data are further drilled down with Manufacturing Base Distribution, Production Area and Product Type. Major points like Competitive Situation and Trends, Concentration Rate Mergers & Acquisitions, Expansion which are vital information to grow/establish a business is also provided.
Application of Investment Casting Market are:
Industrial Gas Turbines
Product Segment Analysis of the Investment Casting Market is:
Sodium Silicate Process
Tetraethyl Orthosilicate/ Silica Sol Process
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Regions Covered in Investment Casting Market are:-
- North and South America
- South Korea
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Key Highlights of the Report:
• Historical data of Global Investment Casting Market for the Period 2015-2017
• Market Size & Forecast of Global Investment Casting Market until 2024
• Historical data of European Investment Casting Market for the Period 2015-2017
• Market Size & Forecast of European Investment Casting Revenue Market until 2024
• Historical data of North America Investment Casting Market for the Period 2015-2017
• Market Size & Forecast of North America Investment Casting Revenue Market until 2024
• Historical data of Asia & Pacific Investment Casting Market for the Period 2015-2017
• Market Size & Forecast of Asia & Pacific Investment Casting Revenue Market until 2024
• Historical data of Middle East & Africa Investment Casting Market for the Period 2015-2017
• Market Size & Forecast of Middle East & Africa Investment Casting Revenue Market until 2024
• Market Drivers and Restraints
• Players Market Share
• Key Strategic Pointers
The report offers the market growth rate, size, and forecasts at the global level in addition as for the geographic areas: Latin America, Europe, Asia Pacific, North America, and Middle East & Africa. Also it analyses, roadways and provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading market players within the Investment Casting market. The industry changing factors for the market segments are explored in this report. This analysis report covers the growth factors of the worldwide market based on end-users.
In this study, the years considered to estimate the market size of Investment Casting Market are as follows:-
- History Year: 2013-2017
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2024
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