Metal casting is a
manufacturing process in which molten or liquid metal is poured into a mold
made of sand, metal or ceramic, which contains a hollow cavity of the desired
shape, to form geometrically complex parts. All major metals can be made into
castings and the most common ones are iron, aluminum, magnesium, zinc, steel
and copper-based alloys. Metal castings find application in cars, trucks,
planes, trains, mining and construction equipment, oil wells, pipes, toys,
space shuttles, wind turbines, nuclear plants, and more.
Analysts forecast
the Global Metal
Casting market to grow at a
CAGR of 6.60 percent over the period 2014-2018.
The report
recognizes the following companies as the key players in the Global Metal Casting
Market: Alcoa Inc., Hitachi Metals Ltd. and Precision Castparts Corp.
Other Prominent
Vendors in the market are: Amcol Metal Casting, Bharat Forge, Georg Fischer,
Schuler Group and ThyssenKrupp.
One of the major
trends in the market is the government regulations on casting manufacturers
regarding environmental protection and energy efficiency. Governments worldwide
are likely to impose environmentally friendly legislation to reduce pollution,
thereby forcing industries to adopt technologies that reduce emissions.
Get discount on the
Report @ http://www.sandlerresearch.org/discount?rname=25775
.
Covered in this Report
The Global Metal
Casting market can be segmented into two product segments: Ferrous Castings and
Non-Ferrous Castings.
Global Metal Casting
Market 2014-2018, has been prepared based on an in-depth market analysis with
inputs from industry experts. The report covers the APAC and EMEA regions, and
the Americas; it also covers the Global Metal 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.
According to the
report, one of the main drivers of the market is the increased use of
simulation-based castings. Designs of castings are made precise using
simulation to reduce wastage and costs. These simulation-based models have
helped in decreasing the wastage and have helped in reducing the costs of
operation. Precise designs also benefit the end-users and this has become a
standard in the Casting industry.
Further, the report
states that one of the main challenges in the market is the increased energy
requirements for the production of metal castings. The Global Metal Casting
market is an energy-intensive industry and its energy requirements are bound to
increase with increased production of metal castings.
Single User License
of the Report is Available at USD 2500, Buy the Report @ http://www.sandlerresearch.org/purchase?rname=25775
.
