Nonferrous Metal Foundry Product Manufacturing in Canada - Industry Market Research Report
Description
Nonferrous Metal Foundry Product Manufacturing in Canada
Nonferrous metal foundry product manufacturers have faced considerable declines over the current period despite climbing nonferrous metal prices. Lower downstream demand from key markets compounded by labour shortages forcing foundries to hike wages has subdued profit. Foundries have increasingly focused on producing value-added alloys cast into complex and precise designs as the production of generic and standardized castings has moved offshore. Industry-wide revenue has been growing at a CAGR of 9.5% over the past five years and is expected to total $1.5 billion in 2023, when revenue will drop an estimated 3.9%.
The Nonferrous Metal Foundry Product Manufacturing industry in Canada primarily melts and pours nonferrous metals into moulds of a desired shape to make castings. The castings are made from purchased metals or in integrated secondary smelting and casting facilities. The main nonferrous metals the industry uses are aluminum, copper, magnesium, nickel and titanium.
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."
Nonferrous metal foundry product manufacturers have faced considerable declines over the current period despite climbing nonferrous metal prices. Lower downstream demand from key markets compounded by labour shortages forcing foundries to hike wages has subdued profit. Foundries have increasingly focused on producing value-added alloys cast into complex and precise designs as the production of generic and standardized castings has moved offshore. Industry-wide revenue has been growing at a CAGR of 9.5% over the past five years and is expected to total $1.5 billion in 2023, when revenue will drop an estimated 3.9%.
The Nonferrous Metal Foundry Product Manufacturing industry in Canada primarily melts and pours nonferrous metals into moulds of a desired shape to make castings. The castings are made from purchased metals or in integrated secondary smelting and casting facilities. The main nonferrous metals the industry uses are aluminum, copper, magnesium, nickel and titanium.
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
33 Pages
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
Pricing
Currency Rates
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