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Nonferrous Metal Foundry Products Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Nonferrous Metal Foundry Products Manufacturing Market Research Report | NAICS 33152 | Dec 2014

Lighter load: Growing demand from automobile manufacturers will boost industry revenue

The Nonferrous Metal Foundry Products Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$15bn
Annual Growth 09-14
8.5%
Annual Growth 14-19
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Profit
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Employment
54,979
Businesses
989
Industry Analysis & Industry Trends

Nonferrous metal foundries depend primarily on demand from motor vehicle and aircraft manufacturers, which collectively account for more than half of industry revenue. During the five years to 2014, the global economic downturn slashed demand for automobiles and air travel, resulting in the restructuring of major automakers, decreased car and aircraft production and a sharp drop in industry revenue. However, industry revenue is expected to continue recovering as consumers increase spending on cars and air travel. Over the five years to 2019, consumers will continue to spend on cars and air travel, and globalization will lead to industry consolidation, creating larger foundries that are better positioned to serve customers... purchase to read more

Industry Report - Industry Key Buyers Chapter

The level of industry concentration is low, with the four largest players expected to generate 12.2% of revenue in 2014. Most foundries are small, primarily due to the high level of investment required to open and operate a large-scale, mass-production foundry. According to the US Census, 56.7% of foundries have fewer than 20 employees, while 87.6% have fewer than 100 employees. Over the past decade, industry concentration has increased as both operator and establishment numbers have continuously contracted. Over the five years to 2014, the number of industry operators is estimated to decline at an average annual rate of 2.1% to 989 companies... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Nonferrous Metal Foundry Products Manufacturing Industry?

This industry primarily melts and pours nonferrous metals into molds 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, titanium and zinc.

Industry Products
Aluminum foundry productsCopper foundry productsMagnesium foundry productsZinc and lead foundry productsNickel, cobalt and titanium foundry productsOther nonferrous metal foundry products
 
Industry Activities
Aluminum and aluminum-base alloy castingCopper and copper-base alloy castingMagnesium and magnesium-base alloy castingZinc and zinc-base alloy castingTitanium and titanium-base alloy casting


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