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Global Non-ferrous Castings Market 2017-2021

Global Non-ferrous Castings Market 2017-2021

About Non-ferrous Castings

Metal casting is a manufacturing process in which a molten or a liquid metal is poured into a mold made of sand or ceramic plaster. The mold contains a cavity of the desired shape, allowing the formation of geometrically complex component shapes. Key metals used for non-ferrous castings are aluminum, magnesium, copper-based alloys, and zinc. These metal castings are used in various applications, such as automotive, mining, construction, pipes, electrical equipment, turbines, and others.The various techniques involved in non-ferrous casting are centrifugal casting, die casting, vacuum casting, high-pressure casting, and investment casting. Its production process includes fluxing, degassing, metal refining, grain refining, filtration, and pumping.

Technavio’s analysts forecast the global non-ferrous castings market to grow at a CAGR of 5.84% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global non-ferrous castings market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price for the product.The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Non-ferrous Castings Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Alcoa
  • Dynacast
  • Hitachi Metals
  • Minerals Technologies
  • Precision Castparts
Other prominent vendors
  • Alcast Technologies
  • Bodine Aluminum
  • CAF Innovative Shapecasting
  • Castwel Foundries
  • DM Foundries
  • FSE Foundry
  • Georg Fischer
  • Leggett & Platt Office Components
  • LEW Castings
  • Martinrea Honsel
  • MAGMA
  • MRT Castings
  • Norwood Foundry
  • Schuler
  • voestalpine Giesserei Linz
Market driver
  • Increased simulation-based castings
  • For a full, detailed list, view our report
Market challenge
  • Need for high initial investment
  • For a full, detailed list, view our report
Market trend
  • Shift from ferrous to non-ferrous casting
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Non-ferrous Castings Market 2017-2021

Technavio recognizes the following companies as the key players in the global non-ferrous castings market: Alcoa, Dynacast, Hitachi Metals, Minerals Technologies, and Precision Castparts.

Other Prominent Vendors in the market are: Alcast Technologies, Bodine Aluminum, CAF Innovative Shapecasting, Castwel Foundries, DM Foundries, FSE Foundry, Georg Fischer, Leggett & Platt Office Components, LEW Castings, Martinrea Honsel, MAGMA, MRT Castings, Norwood Foundry, Schuler, and voestalpine Giesserei Linz.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Shift from ferrous to non-ferrous casting. In recent years, the metal castings market has been shifting toward non-ferrous castings, especially aluminum castings, due to their favorable features. Also, end-user industries, such as automotive, telecommunications, and industrial machinery, are focusing on lightweight products to improve their quality and efficiency by reducing the overall weight. For instance, several auto components that are usually manufactured using ferrous casting materials, such as iron and steel, are being replaced by non-ferrous casting materials, such as aluminum, zinc, and magnesium. These materials are lightweight, resistant to corrosion, and have a high conductivity.”

According to the report, one of the major drivers for this market is Increased simulation-based castings. Simulation-based casting technology is widely used in metal casting industries and foundries. It is a virtual software that gives a virtual casting process, such as mold filling, cooling, and solidification, with respect to direction and time. They also help in predicting and identifying the location of internal defects and optimizing the design and process methods of casting. They are useful for the production of economic, reliable, and high accuracy cast components.

Further, the report states that one of the major factors hindering the growth of this market is Need for high initial investment. Casting products are developed by the effective deployment of high-quality casting equipment, metals, and dies that deliver high-precision products in a minimal time. The high cost of casting equipment limits the production volume of manufacturers. Therefore, these manufacturers are compelled to invest heavily in the deployment of a sizable number of casting machines, metals, and dies to increase their production capacity. In addition, the cost of developing and procuring complex dies and molds is expensive. Furthermore, fluctuating prices of non-ferrous metals impact the procurement cost of raw materials.

Companies Mentioned

Alcoa, Dynacast, Hitachi Metals, Minerals Technologies, Precision Castparts, Alcast Technologies, Bodine Aluminum, CAF Innovative Shapecasting, Castwel Foundries, DM Foundries, FSE Foundry, Georg Fischer, Leggett & Platt Office Components, LEW Castings, Martinrea Honsel, MAGMA, MRT Castings, Norwood Foundry, Schuler, and voestalpine Giesserei Linz.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Production methods
      • Table Production method comparison
      • Table Manufacturing process of castings
      • Table Global non-ferrous castings market value chain
  • Market landscape
    • Market overview
      • Table Global non-ferrous castings market
    • Market size and forecast
      • Table Global non-ferrous castings market 2016 and 2021 (million metric tons)
      • Table Forecast: Global non-ferrous castings market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by metal type
    • Global non-ferrous castings market by metal type
      • Table Global non-ferrous castings market by metal type 2016
      • Table Global non-ferrous castings market by metal type 2021
      • Table Global non-ferrous castings market by type 2016 and 2021
    • Global non-ferrous castings market by aluminum
      • Table Global non-ferrous castings market by aluminum 2016 and 2021(million metric tons)
      • Table Forecast: Global non-ferrous castings market for aluminum 2016- 2021
      • Table Aluminum castings market by end-user 2016
      • Table Aluminum castings market by geography in 2016
    • Global non-ferrous castings market by copper
      • Table Global non-ferrous castings market by copper 2016 and 2021 (million metric tons)
      • Table Forecast: Global non-ferrous castings market for copper 2016-2021
    • Global non-ferrous castings market by zinc
      • Table Global non-ferrous castings market by zinc 2016 and 2021 (million metric tons)
      • Table Forecast: Global non-ferrous castings market for zinc 2016 – 2021
      • Table Zinc metal market by product type by 2016
    • Global non-ferrous castings market by magnesium
      • Table Global non-ferrous castings market by magnesium 2016 and 2021(million metric tons)
      • Table Forecast: Global non-ferrous castings market by magnesium 2016 - 2021
    • Global non-ferrous castings market by others
      • Table Global non-ferrous castings market by others 2016 and 2021 (million metric tons)
      • Table Forecast: Global non-ferrous castings market by others 2016-2021
  • Market segmentation by applications
    • Global non-ferrous castings market by applications
      • Table Global non-ferrous castings market by applications 2016
      • Table Global non-ferrous castings market by applications 2021
      • Table Global non-ferrous castings market by applications 2016 and 2021
    • Global non-ferrous castings market by automobiles
      • Table Global non-ferrous castings market by automobiles 2016 and 2021 (million metric tons)
      • Table Forecast: Global non-ferrous castings market by automobiles 2016- 2021
      • Table India auto components export volumes by geography (2016)
    • Global non-ferrous castings market by electrical and construction
      • Table Global non-ferrous castings market by electrical and construction 2016 and 2021 (million metric tons)
      • Table Forecast: Global non-ferrous castings market by electrical and construction 2016-2021
    • Global non-ferrous castings market by industrial machinery
      • Table Global non-ferrous castings market by industrial machinery 2016 and 2021 (million metric tons)
      • Table Forecast: Global non-ferrous castings market by industrial machinery 2016-2021
    • Global non-ferrous castings market by others
      • Table Global non-ferrous castings market by others 2016 and 2021 (million metric tons)
      • Table Forecast: Global non-ferrous castings market by others 2016-2021
  • Geographical segmentation
    • Global non-ferrous castings market by geography
      • Table Global non-ferrous castings market by geography 2016
      • Table Global non-ferrous castings market by geography 2021
      • Table Global non-ferrous castings market by geography 2016 and 2021
    • Non-ferrous castings market in APAC
      • Table Non-ferrous castings market in APAC 2016 and 2021 (million metric tons)
      • Table Forecast: Non-ferrous castings market in APAC 2016-2021
      • Table Passenger car production in Asia 2016
    • Non-ferrous castings market in North America
      • Table Non-ferrous castings market in North America 2016 and 2021 (million metric tons)
      • Table Forecast: Non-ferrous castings market in North America 2016-2021
      • Table US aerospace trade 2015 (units)
    • Non-ferrous castings market in Europe
      • Table Non-ferrous castings market in Europe 2016 and 2021 (million metric tons)
      • Table Forecast: Non-ferrous castings market in Europe 2016 - 2021
    • Non-ferrous castings market in ROW
      • Table Non-ferrous castings market in ROW 2016 and 2021 (million metric tons)
      • Table Forecast: Non-ferrous castings market in ROW 2016 and 2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global passenger car market by sales 2010-2016 (million units)
    • Market challenges
  • Market trends
    • Shift from ferrous to non-ferrous casting
    • Stringent government regulations on GHG emission control
    • Increasing demand for magnesium casting
    • Demand from APAC and ROW for developing application segments
  • Vendor landscape
    • Competitive scenario
    • Key market vendors
      • Table Key vendors in global non-ferrous castings market 2016
    • Other prominent vendors
  • Key vendor analysis
    • Alcoa
      • Table Alcoa: Business segmentation by revenue 2016
      • Table Alcoa: Geographical segmentation by revenue 2016
      • Table Alcoa: Cast products
    • Dynacast
      • Table Dynacast: Business segmentation
    • Hitachi Metals
      • Table Hitachi Metals: Business segmentation by revenue 2017
      • Table Hitachi Metals: Geographical segmentation by revenue 2017
    • Minerals Technologies
      • Table Minerals Technologies: Business segmentation by revenue 2016
      • Table Minerals Technologies: Geographical segmentation by revenue 2016
    • Precision Castparts
      • Table Precision Castparts: Product segmentation
  • Appendix
    • List of abbreviations
  • Explore Technavio

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