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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 | Aug 2015

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

IBISWorld’s Nonferrous Metal Foundry Products Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$15bn
Annual Growth 10-15
4.3%
Annual Growth 15-20
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Profit
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Employment
57,957
Businesses
1,052
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 2015, 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... purchase to read more

Industry Report - Industry Investment Chapter

The Nonferrous Metal Foundry Products Manufacturing industry is characterized by a moderate level of capital intensity. For every dollar allocated to labor, the industry is expected to spend $0.15 on capital equipment. Nonferrous metal producers require substantial inputs of capital equipment and labor, especially in the design and manufacture of molds. The degree of capital intensity varies with foundry size. Large-scale mass producers are considerably more capital intensive than their smaller counterparts. In particular, small jobbing shops and mini-mills have lower capital expenditure requirements and high labor intensity, while captive foundries are characterized by high levels of capital intensity... 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 die-cast productsOther aluminum foundry productsDie-cast products made from other nonferrous metalsCopper foundry productsOther nonferrous 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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