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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 | Jun 2016

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
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$14bn
Annual Growth 11-16
0.8%
Annual Growth 16-21
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Profit
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Employment
56,900
Businesses
947
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 current five-year period, lingering effects of 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 next five-year period, the industry is expected to rebound due to growth in downstream demand, stabilizing input prices and a shift toward fuel efficiency that requires industry products... 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 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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