Iron and Steel Casting in Australia - Industry Market Research Report
Description
Iron and Steel Casting in Australia
The Iron and Steel Casting industry has performed poorly over the past few years. The decline of the Australian Motor Vehicle Manufacturing industry has heavily affected industry revenue, while increasing import competition has put pressure on domestic production. Recovering demand in major domestic markets has reduced the pace of revenue declines, as the low value-to-weight ratio of industry products typically makes high-volume trade uneconomical. Overall, industry revenue is expected to decline at an annualised 7.7% over the five years through 2023-24, to an estimated $852.7 million. This includes an anticipated decline of 2.6% in 2023-24.
Industry firms primarily produce iron and steel products through a process called casting, which involves pouring molten ferrous metals into moulds. Industry products are then consumed as intermediate inputs by a range of user industries.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
The Iron and Steel Casting industry has performed poorly over the past few years. The decline of the Australian Motor Vehicle Manufacturing industry has heavily affected industry revenue, while increasing import competition has put pressure on domestic production. Recovering demand in major domestic markets has reduced the pace of revenue declines, as the low value-to-weight ratio of industry products typically makes high-volume trade uneconomical. Overall, industry revenue is expected to decline at an annualised 7.7% over the five years through 2023-24, to an estimated $852.7 million. This includes an anticipated decline of 2.6% in 2023-24.
Industry firms primarily produce iron and steel products through a process called casting, which involves pouring molten ferrous metals into moulds. Industry products are then consumed as intermediate inputs by a range of user industries.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
42 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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