Globally Investment Casting market expected to reach multi billion dollars by 2024

Globally Investment Casting market expected to reach multi billion dollars by 2024

Investment Casting market reports provides a comprehensive overview of the global market size and share. Investment Casting market data reports also provide a 5 year pre-historic and forecast for the sector and include data on socio-economic data of global. Key stakeholders can consider statistics, tables & figures mentioned in this report for strategic planning which lead to success of the organization

Investment Casting Industry Overview: 

Various investment casting plants are available for casting on which various, for example aluminum and copper-based, all alloys, but also special alloys and pure metals can be cast.
The main advantages of precision casting are weight reduction, increase in stability, freedom in design and cost reduction.

The global production of investment casting increases from 1510 K MT in 2012 to 1803 K MT in 2016, at a CAGR of more than 4.53%. In 2016, in term of volume, the global investment casting market is led by China, capturing about 60.67% of global investment casting production. In term of revenue, USA is the second’s largest market with the share of 32.66%. Because the products of USA are mainly aluminum and titanium investment casting products for the aerospace and defense end markets.

At present, the investment casting are rather dispersion and the major manufacturers of investment casting are Alcoa, Precision Castparts, CIREX, Zollern, Milwaukee Precision Casting, MetalTek, RLM Industries, Impro, Dongying Giayoung, Dongfeng, Ningbo Wanguan, Taizhou Xinyu, etc. Alcoa and Precision Castparts are industry-leading manufacturers of top-quality investment castings for a broad range of parts, industries and applications.

China is a big investment casting production country, but it is not strong country. According to our research and analysis, manufacturers from United States and Europe are the major leaders in the international market of investment casting. Manufacturers from China are immature in technology. There is large space in the China market, as well as big gap between international brands and local brands on price.

In application, investment casting downstream is wide and recently investment casting has acquired increasing significance in various fields of automotive, aerospace &military, Industrial Gas Turbines and general industrial machinery and others. There is a big price gap in different application field. The United States local high-end manufacturers account for large share of the revenue market though they hold small consumption volume share of United States.

Globally, the investment casting market is mainly driven by growing demand for general industrial machinery which accounts for nearly 63.20% of total downstream consumption of investment casting in global.

In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, investment casting consumption will show a trend of steady growth. In 2023 the sales of investment casting is estimated to be 2426 K MT. On product prices, the slow downward trend in recent years will maintain in the future.

The worldwide market for Investment Casting is expected to grow at a CAGR of roughly 3.6% over the next five years, will reach 24500 million US$ in 2024, from 19800 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Investment Casting in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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Investment Casting Market Segment by Manufacturers, this report covers

Alcoa
Precision Castparts
CIREX
Zollern
Milwaukee Precision Casting
MetalTek
RLM Industries
Impro
Dongying Giayoung
Dongfeng
Ningbo Wanguan
Taizhou Xinyu
Jiwei

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Production Analysis: SWOT analysis of major key players of Investment Casting industry based on a Strengths, Weaknesses, company’s internal & external environments. …, Opportunities and Threats. . It also includes Production, Revenue, and average product price and market shares of key players. Those data are further drilled down with Manufacturing Base Distribution, Production Area and Product Type. Major points like Competitive Situation and Trends, Concentration Rate Mergers & Acquisitions, Expansion which are vital information to grow/establish a business is also provided.

Investment Casting Market Segment by Applications, can be divided into

Automotive
Aerospace &Military
Industrial Gas Turbines
General Industrial
Others

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Manufacturing Analysis Investment Casting Market

Manufacturing process for the Investment Casting is studied in this section. It includes through analysis of Key Raw Materials, Key Suppliers of Raw Materials, Price Trend of Key Raw Materials, cost of Raw Materials & Labor Cost, Manufacturing Process Analysis of Investment Casting market

Investment Casting Market Segment by Type, covers

Sodium Silicate Process
Tetraethyl Orthosilicate/ Silica Sol Process

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Marketing Strategy Analysis, Distributors/Traders Analysis of Investment Casting Market

Various marketing channels like direct and indirect marketing are portrayed in Investment Casting market report.  Important marketing strategical data ,  Marketing Channel Development Trend, , Pricing Strategy, Market Positioning, Target Client Brand Strategy and  Distributors/Traders List

Research objectives of Investment Casting Market: 
To study and analyze the global Investment Casting consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.

To understand the structure of Investment Casting market by identifying its various sub segments.
Focuses on the key global Investment Casting manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Investment Casting with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the consumption of Investment Casting submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

Single User License Price: USD 3480

No of Pages in Investment Casting Market: 119

Analysis & Forecast Time Period: 2015-2024

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Investment Casting market reports deliver insight and expert analysis into key consumer trends and behaviour in marketplace, in addition to an overview of the market data and key brands. Investment Casting market reports provides all data with easily digestible information to guide every businessman’s future innovation and move business forward.

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