Albany, NY -- (SBWire) -- 06/01/2016 --Metal casting is a manufacturing process in which metal (molten or liquid) is poured into a mold made of sand or ceramic plaster. The mold contains a hollow cavity of the desired shape, to form geometrically complex parts. The most common non-ferrous metals used for casting are aluminum, magnesium, zinc, and copper-based alloys. Metal casting finds application in vehicles; planes; trains; mining, construction, and electrical equipment; oil wells; pipes; toys; space shuttles; wind turbines; and nuclear plants.
The techniques for non-ferrous casting include die casting, centrifugal casting, high pressure casting, vacuum casting, and investment casting. Non-ferrous casting involves processes such as fluxing, metal refining, degassing, grain refining and pumping, and filtration.
The global non-ferrous casting market to grow at a CAGR of 5.82% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global non-ferrous casting market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the market.
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The market is divided into the following segments based on metal type:
- Aluminum
- Copper
- Magnesium
- Zinc
Technavio's report, Global Non-ferrous Casting Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Alcoa
- Amcol Metalcasting
- Dynacast
- Hitachi
- Precision Castparts
Other prominent vendors
- Georg Fischer
- Schuler
Market driver
- Increased simulation-based castings
- For a full, detailed list, view our report
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Key questions answered in the report include -
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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Global Non-Ferrous Casting Market to Grow at a CAGR of 5.82% During 2016-2020
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