Posted in | Materials Processing

Global Metal Casting Market Forecast to Grow 7.89% CAGR over the Period 2012-2016

Research and Markets has announced the addition of the "Global Metal Casting Market to 2016" report to their offering.

The Global Metal Casting market to grow at a CAGR of 7.89 percent over the period 2012-2016.

One of the main drivers in this market is industrialization and development in the APAC region. Since the global economic recession many organizations have been expanding 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.

During the last four decades, a staggering percentage of foundries in developed countries have closed down because of high labor, production, and raw material costs, and recently, the low demand triggered by the global recession. The shift is also driven by rigid environmental stipulations and initiatives with regards to waste, energy, and environmental taxation by governments in Western countries. In emerging nations, 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.

Further, the report states that one of the key challenges is the increase in energy requirements for the production of metal castings. The prices of metal castings are also increasing due to the increasing raw material costs.

The key vendors dominating this space include:

  • Alcoa Inc.
  • Precision Castparts Corp.
  • ThyssenKrupp AG.

Key Topics Covered:

01. Executive Summary

02. List of Abbreviations

03. Introduction

04. Market Research Methodology

05. Scope of the Report

06. Market Landscape

07. Product Segmentation

08. End User Segmentation

09. Geographical Segmentation

10. Key Leading Countries

11. Vendor Landscape

12. Buying Criteria

13. Market Growth Drivers

14. Drivers and their Impact

15. Market Challenges

16. Impact of Drivers and Challenges

17. Market Trends

18. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/87q9ph/global_metal

Source: http://www.researchandmarkets.com/

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