Market Overview:
The global non-ferrous castings market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to factors such as, increasing demand for non-ferrous castings from end user industries, technological advancements and growing awareness about the benefits of using non-ferrous castings over traditional materials. Based on type, the global non-ferrous casting market is segmented into zinc non ferrous casting, copper non ferrous casting, aluminiumnon ferrouscasting and othernon ferrouscasting. Among these segments Automotive Industry is expected to grow at highest CAGR during forecast period 2018 – 2030 due to increase in demand for lightweight vehicles with better fuel efficiency across globe .
Product Definition:
Non-ferrous castings are made from alloys that contain no iron. They are important because they are lighter and stronger than ferrous castings, making them ideal for use in transportation and other industrial applications.
Zinc Non Ferrous Casting:
Zinc non-ferrous casting is a process in which zinc metal is used to manufacture products such as engine blocks, transmission housings, carburetor bodies and other engine components. The growth factor for the market is increasing demand from end-user industries including automotive & transportation and construction.
Zinc non ferrous casting has been around for more than two centuries but its usage was limited to only few applications due to high cost compared to steel or aluminum alternatives available at that time.
Copper Non Ferrous Casting:
Copper non-ferrous casting is a process used to manufacture metal parts for machines and equipment. The finished products are widely applied in various industries such as automotive, aerospace, construction machinery, railways and marine. Copper non-ferrous casting includes processes of lost wax or sand molding, investment castings and cold working (green) metal casting.
Application Insights:
The automotive application segment led the global non-ferrous castings market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. The growth can be attributed to increasing production of vehicles, especially in China, India and Japan. Moreover, stringent regulations for reducing vehicular emissions are likely to drive demand from this industry over the coming years.
Non ferrous casting is used extensively across various industries including machinery manufacturing, electric appliances manufacturing and mold processing industry on account of its properties such as high strength & weight ratio along with low maintenance cost which makes it ideal compared to its counterparts such as steel or aluminum alloys.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. These countries are experiencing strong economic growth owing to rapid industrialization and urbanization. Growing population coupled with increasing living standards have spurred consumer spending on automobiles in this region which has resulted into increased production of vehicles across Asia Pacific since 2015.
The European market consists of major countries such as Germany, Italy Russia Spain among others that are highly industrialized.
Growth Factors:
- Increasing demand from the automotive and transportation sector: The global automotive and transportation sector is growing at a rapid pace, owing to the increasing disposable income of consumers and the rising demand for passenger cars and commercial vehicles. This is expected to drive the demand for non-ferrous castings in the coming years.
- Growing demand from the construction sector: The global construction industry is witnessing a steady growth, propelled by factors such as urbanization, population growth, and infrastructure development projects. This is expected to create opportunities for non-ferrous castings manufacturers in the coming years.
- Rising popularity of lightweight materials: Non-ferrous metals are lighter than ferrous metals, which makes them ideal for use in various applications that require weight reduction such as aerospace engineering, marine engineering etc.. This is likely to boost their adoption over ferrous metals in these industries, thereby driving market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Non-ferrous Castings Market Research Report
By Type
Zinc Non Ferrous Casting, Copper Non Ferrous Casting, Aluminium Non Ferrous Casting, Other
By Application
Automotive, Machinery Manufacturing, Mold Processing Industry, Military Industry, Electric Appliances, Other
By Companies
Alcoa, Dynacast, Hitachi Metals, Minerals Technologies, Precision Castparts, Rajshi Industries, Supreme Metals, FSE Foundry, Castwel Foundries, MRT Castings
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Non-ferrous Castings Market Report Segments:
The global Non-ferrous Castings market is segmented on the basis of:
Types
Zinc Non Ferrous Casting, Copper Non Ferrous Casting, Aluminium Non Ferrous Casting, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Machinery Manufacturing, Mold Processing Industry, Military Industry, Electric Appliances, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alcoa
- Dynacast
- Hitachi Metals
- Minerals Technologies
- Precision Castparts
- Rajshi Industries
- Supreme Metals
- FSE Foundry
- Castwel Foundries
- MRT Castings
Highlights of The Non-ferrous Castings Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Zinc Non Ferrous Casting
- Copper Non Ferrous Casting
- Aluminium Non Ferrous Casting
- Other
- By Application:
- Automotive
- Machinery Manufacturing
- Mold Processing Industry
- Military Industry
- Electric Appliances
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Non-ferrous Castings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Non-ferrous castings are a type of metal casting that use materials other than iron or steel to create the final product. This can include materials like aluminum, brass, copper, and magnesium.
Some of the major companies in the non-ferrous castings market are Alcoa, Dynacast, Hitachi Metals, Minerals Technologies, Precision Castparts, Rajshi Industries, Supreme Metals, FSE Foundry, Castwel Foundries, MRT Castings.
The non-ferrous castings market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Non-ferrous Castings Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Non-ferrous Castings Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Non-ferrous Castings Market - Supply Chain
4.5. Global Non-ferrous Castings Market Forecast
4.5.1. Non-ferrous Castings Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Non-ferrous Castings Market Size (000 Units) and Y-o-Y Growth
4.5.3. Non-ferrous Castings Market Absolute $ Opportunity
5. Global Non-ferrous Castings Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Non-ferrous Castings Market Size and Volume Forecast by Type
5.3.1. Zinc Non Ferrous Casting
5.3.2. Copper Non Ferrous Casting
5.3.3. Aluminium Non Ferrous Casting
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Non-ferrous Castings Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Non-ferrous Castings Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Machinery Manufacturing
6.3.3. Mold Processing Industry
6.3.4. Military Industry
6.3.5. Electric Appliances
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Non-ferrous Castings Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Non-ferrous Castings Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Non-ferrous Castings Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Non-ferrous Castings Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Non-ferrous Castings Demand Share Forecast, 2019-2029
9. North America Non-ferrous Castings Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Non-ferrous Castings Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Non-ferrous Castings Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Machinery Manufacturing
9.4.3. Mold Processing Industry
9.4.4. Military Industry
9.4.5. Electric Appliances
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Non-ferrous Castings Market Size and Volume Forecast by Type
9.7.1. Zinc Non Ferrous Casting
9.7.2. Copper Non Ferrous Casting
9.7.3. Aluminium Non Ferrous Casting
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Non-ferrous Castings Demand Share Forecast, 2019-2029
10. Latin America Non-ferrous Castings Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Non-ferrous Castings Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Non-ferrous Castings Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Machinery Manufacturing
10.4.3. Mold Processing Industry
10.4.4. Military Industry
10.4.5. Electric Appliances
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Non-ferrous Castings Market Size and Volume Forecast by Type
10.7.1. Zinc Non Ferrous Casting
10.7.2. Copper Non Ferrous Casting
10.7.3. Aluminium Non Ferrous Casting
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Non-ferrous Castings Demand Share Forecast, 2019-2029
11. Europe Non-ferrous Castings Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Non-ferrous Castings Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Non-ferrous Castings Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Machinery Manufacturing
11.4.3. Mold Processing Industry
11.4.4. Military Industry
11.4.5. Electric Appliances
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Non-ferrous Castings Market Size and Volume Forecast by Type
11.7.1. Zinc Non Ferrous Casting
11.7.2. Copper Non Ferrous Casting
11.7.3. Aluminium Non Ferrous Casting
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Non-ferrous Castings Demand Share, 2019-2029
12. Asia Pacific Non-ferrous Castings Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Non-ferrous Castings Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Non-ferrous Castings Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Machinery Manufacturing
12.4.3. Mold Processing Industry
12.4.4. Military Industry
12.4.5. Electric Appliances
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Non-ferrous Castings Market Size and Volume Forecast by Type
12.7.1. Zinc Non Ferrous Casting
12.7.2. Copper Non Ferrous Casting
12.7.3. Aluminium Non Ferrous Casting
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Non-ferrous Castings Demand Share, 2019-2029
13. Middle East & Africa Non-ferrous Castings Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Non-ferrous Castings Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Non-ferrous Castings Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Machinery Manufacturing
13.4.3. Mold Processing Industry
13.4.4. Military Industry
13.4.5. Electric Appliances
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Non-ferrous Castings Market Size and Volume Forecast by Type
13.7.1. Zinc Non Ferrous Casting
13.7.2. Copper Non Ferrous Casting
13.7.3. Aluminium Non Ferrous Casting
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Non-ferrous Castings Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Non-ferrous Castings Market: Market Share Analysis
14.2. Non-ferrous Castings Distributors and Customers
14.3. Non-ferrous Castings Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alcoa
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Dynacast
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hitachi Metals
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Minerals Technologies
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Precision Castparts
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Rajshi Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Supreme Metals
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. FSE Foundry
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Castwel Foundries
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. MRT Castings
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
