Boston, MA -- (SBWIRE) -- 09/09/2014 -- Casting is a manufacturing process in which molten or liquid metal is poured into a mold made of sand, metal, or ceramic, which contains a hollow cavity of the desired shape, to form geometrically complex parts. All major metals can be made into castings and the most common ones are iron, aluminum, magnesium, zinc, steel, and copper-based alloys. Metal castings find application in cars, trucks, planes, trains, mining and construction equipment, oil wells, pipes, toys, space shuttles, wind turbines, nuclear plants, and more. Forging is the process of shaping the metals using compressive forces, which are then further processed to obtain a finished part. There are various types of forging methods such as closed die forging, cold forging, and open die forging.

TechNavio's analysts forecast the Casting and Forging market in Europe will grow at a CAGR of 4.84 percent over the period 2013-2018.

Covered in this Report

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TechNavio's report, the Casting and Forging market in Europe 2013-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Casting and Forging market in Europe landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions

- Europe

Key Vendors

- Mahindra Forgings Europe AG
- Siempelkamp Group
- ThyssenKrupp AG

Other Prominent Vendors

- Aichi Steel
- Alcoa
- Allegheny Technologies
- Bharat Forged
- KITZ
- Nippon Steel & Sumitomo Metal
- Schuler Group
- SNT

Key Market Driver

- Increased Demand from Automotive Industry
- For a full, detailed list, view our report.

Key Market Challenge

- Increased Competition
- For a full, detailed list, view our report.

Key Market Trend

- Rapid Technological Advancements
- For a full, detailed list, view our report.

Key Questions Answered in this Report

- What will the market size be in 2018 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

Companies Mentioned in this Report: Mahindra Forgings Europe AG, Siempelkamp Group, ThyssenKrupp AG, Aichi Steel, Alcoa, Allegheny Technologies, Bharat Forged, KITZ, Nippon Steel & Sumitomo Metal, Schuler Group and SNT

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