Dallas, Texas (PRWEB) June 25, 2014
Over the last four decades, a staggering number of foundries in developed countries have closed down because of high labor, production, and raw material costs, and more recently, the low demand triggered by the global recession. Owing to these reasons, manufacturers prefer to set up production facilities in emerging countries. The shift is also driven by rigid environmental stipulations and initiatives with regard to waste, energy, and environmental taxation by governments in Western countries. In emerging countries, raw material is abundantly available, though sometimes inferior in quality, and, in addition, the availability of cheap labor in these countries hints at the untapped potential of these markets.
According to the “Global Investment Casting Market 2014-2018” report, one of the main drivers in this market is industrialization and development in the APAC region. Since the global economic recession, many organizations have expanded their manufacturing operations across the globe, especially in the APAC region, to tap the potential of the rapidly growing market in countries such as China and India.
This report covers the present scenario and the growth prospects of the Global Investment Casting market for the period 2014-2018. To calculate the market size, this report covers revenue generated through the sales of investment casting.
Global Investment Casting Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers North America, Europe, and the APAC region; it also covers the Global Investment Casting market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The report recognizes the following companies as the key players in the Global Investment Casting Market: Alcoa Inc., Precision Castparts Corp., ThyssenKrupp AG, Amtek Engineering Ltd., Anchor Lamina Inc., Bharat Forge Ltd., Doncasters plc, Georg Fischer Ltd., SeAH Besteel Corp.
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Key Market Driver
- Industrialization and Development in the APAC Region
Key Market Challenge
- Need for High Initial Investment
Key Market Trend
- Stringent Environmental Legislation Put in Place
Further, the report states that one of the key challenges is the increase in energy requirements for the production of castings. The prices of metal castings are also increasing because of the increasing raw material costs.
Key Questions Answered in this Report
- What will the market size be in 2018 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?
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Global Investment Casting Market 2013-2018 (US$ billion)
Exhibit 3: Global Investment Casting Market by Application 2013
Exhibit 4: Global Investment Casting Market by Application 2018
Exhibit 5: Global Investment Casting Market by Application 2013-2018
Exhibit 6: Global Investment Casting Market by Applications - Value Added Casting 2013-2018 (US$ billion)
Exhibit 7: Global Investment Casting Market by Application - Automotive Casting 2013-2018 (US$ billion)
Exhibit 8: Global Investment Casting Market by Geographical Segmentation 2013
Exhibit 9: Global Investment Casting Market by Geographical Segmentation 2018
Exhibit 10: Global Investment Casting Market by Geographical Segmentation 2013-2018
Exhibit 11: Investment Casting Market in the APAC Region 2013-2018 (US$ billion)
Exhibit 12: Investment Casting Market in Europe 2013-2018 (US$ billion)
Exhibit 13: Investment Casting Market in North America 2013-2018 (US$ billion)
Other Related Reports:
Non-ferrous Metal Casting Market in China 2014-2018: One of the key factors contributing to this market growth is the increasing adoption of aluminum casting in the Automotive and Construction industry. The Non-ferrous Metal Casting market in China has also been witnessing the steady shift from ferrous casting to non-ferrous casting.
Key vendors dominating this space are Alcoa Inc., Beijing Jingtian Precision Investment Casting Co. Ltd., and Precision Castparts Corp
Other vendors mentioned in the report are Cypress Industries, Hebei Yuanda Trade Co., Ltd., and P&A International.
Global Aluminum Castings Market 2014-2018: Analysts forecast the Global Aluminum Castings market to grow at a CAGR of 9.96 percent over the period 2013-2018. One of the key factors contributing to this market growth is the industrialization and development in the APAC region. The Global Aluminum Castings market has also been witnessing the shift of manufacturing units to emerging countries.
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