Albany, NY -- (SBWIRE) -- 07/29/2016 -- Industrial casting is a manufacturing process in which molten or liquid metal is poured into a mold that contains a hollow cavity of the desired shape to form geometrically complex parts. A mold can be of various materials such as sand and ceramic plaster, and it is like a cup on which the molten metal is poured. The most common metals used for casting are iron, aluminum, magnesium, zinc, steel, and copper-based alloys.

The industrial casting market in the US to grow at a CAGR of 7.54% over the period 2014-2019. This report covers the present scenario and the growth prospects of the industrial casting market in the US for the period 2015-2019. For ascertaining the market size and vendor share, the report considers revenue generated from the sales of two types of casting products: ferrous castings and non-ferrous castings.

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Technavio's report, Industrial Casting Market in the US 2015-2019, 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 in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors
- Alcoa
- Amsted Industries
- Chrysler Group
- Precision Castparts

Other prominent vendors
- Bharat Forge
- Georg Fischer
- Schuler Group
- ThyssenKrupp

Market driver
- Use of simulation-based castings
- For a full, detailed list, view our report

Market challenge
- High cost of raw materials
- For a full, detailed list, view our report

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Key Questions Answered in this Report
- What will the market size be in 2019 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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