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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

IBISWorld’s Nonferrous Metal Foundry Products Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 Products Chapter

The Nonferrous Metal Foundry Products Manufacturing industry is comprised of foundries that manufacture products from nonferrous metals, meaning not iron or steel. A foundry is a factory that produces metal castings. Metals are cast into shapes by melting them into a liquid, pouring the metal in a mold and removing the casting after the metal has solidified. Die casting is similar to mold casting, except that the metal is injected into the mold under high pressure ranging from 1,450 to 30,500 pounds per square inch (psi). Die casting typically results in a more uniform product with better surface finish and dimensional accuracy. However, die-casting molds are more expensive and require more time to manufacture, because they are made from hardened steel... 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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