Industry Analysis & Industry Trends
Because this industry relies on demand from the industrial sector, especially automobile manufacturing, the trend toward more eco-friendly vehicles made of lightweight materials are a boon to the Nonferrous Metal Foundry Products Manufacturing industry. Coupled with moderately rising nonferrous metal prices, things are looking up for this industry. However, continued offshoring will put a dent in domestic performance... purchase to read more
Industry Report - Industry Key Buyers Chapter
The level of industry concentration is low, with the largest two firms expected to generate less than 6.0% of industry revenue in 2013. Most industry firms and establishments are small, primarily due to the high level of investment required to open and operate a foundry. Roughly 54.0% of industry firms have fewer than 20 employees, while 86.0% have fewer than 100.
In the past decade, industry concentration has increased slightly, as both enterprise and establishment numbers have continuously contracted. In the five years to 2013, the number of industry firms is estimated to have declined at an average annual rate of 2.9% to 1,000... purchase to read more