Market Overview:
The Global Vertical Billet Casters Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for castings from various end-use industries, such as automotive, aerospace, and heavy machinery. In addition, the growing demand for high-quality castings is also fueling the growth of the global vertical billet casters market. Based on type, the global vertical billet casters market can be segmented into 100-150mm and 150-200mm segments. The 100-150mm segment is projected to account for a larger share of the global market in 2018 owing to its low cost and easy installation. However, with technological advancements in caster design and manufacturing processes, 150-200mm segment is expected to witness higher growth rates during the forecast period.
Product Definition:
Vertical Billet Casters are used to produce metal parts by casting. The metal is melted and poured into a mold, where it takes the shape of the mold cavity. The importance of Vertical Billet Casters is that they can produce high quality parts with a high degree of accuracy.
100-150mm:
The 100-150mm range of billet castors is used for heavy equipment and construction machinery. It's a common size that can be found on most construction sites, warehouses, industrial facilities and R&D centers among others. The growth factor in the market is driven by increasing demand from emerging economies such as India, China among others.
150-200mm:
150-200mm is a standard lens size that can be found in most vertical billet casters. It offers the advantage of being able to cast both large and small parts with ease. The 150-200mm range has been around for quite some time and has become the industry standard lens size, which can be seen in most vertical billet casters on the market today.
Application Insights:
The large plant application segment dominated the global vertical billet casters market in terms of revenue share in 2017. The growth can be attributed to the rising demand for office spaces from multinational companies and growing preference for modern facilities. In addition, factors such as increasing number of construction projects undertaken by multinational companies are expected to drive the product demand over the forecast period.
The small plant application segment is expected to witness significant growth over the forecast period owing to its ability to provide sufficient floor space with ease and flexibility in design options. In addition, it requires less floor space due to compactness compared with large plants, which further drives its demand globally across various industries including healthcare and retail stores.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of plants and favorable government regulations. The region is expected to maintain its dominance over the forecast period due to factors such as increasing industrialization, growing need for plant maintenance & safety systems, and rising awareness about employee health & safety standards.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing to rapid industrialization in countries such as China, India, Japan, South Korea and Taiwan. In addition, rising awareness among end users regarding advanced products with enhanced features is anticipated favorably impact regional growth.
Growth Factors:
- Increasing demand for steel from construction and automotive industries
- Growing urbanization and industrialization in developing countries
- Rising disposable income of consumers in developing countries
- Technological advancements in the manufacturing of steel products
- Stringent government regulations for environmental protection
Scope Of The Report
Report Attributes
Report Details
Report Title
Vertical Billet Casters Market Research Report
By Type
100-150mm, 150-200mm
By Application
Large Plant, Small Plant
By Companies
Danieli, Primetals, SMS Group, Sino-Heavymach, Alfred Wertli AG, JP Steel Plantech Co, CCTEC, Sarralle, Electrotherm
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Vertical Billet Casters Market Report Segments:
The global Vertical Billet Casters market is segmented on the basis of:
Types
100-150mm, 150-200mm
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
Large Plant, Small Plant
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:
- Danieli
- Primetals
- SMS Group
- Sino-Heavymach
- Alfred Wertli AG
- JP Steel Plantech Co
- CCTEC
- Sarralle
- Electrotherm
Highlights of The Vertical Billet Casters 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:
- 100-150mm
- 150-200mm
- By Application:
- Large Plant
- Small Plant
- 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 Vertical Billet Casters 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Vertical billet casters are a type of caster that use two or more cylindrical rollers to move an object up and down. This type of caster is often used in warehouses and other large spaces where it is difficult to move objects using traditional casters.
Some of the major players in the vertical billet casters market are Danieli, Primetals, SMS Group, Sino-Heavymach, Alfred Wertli AG, JP Steel Plantech Co, CCTEC, Sarralle, Electrotherm.
The vertical billet casters 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. Vertical Billet Casters 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. Vertical Billet Casters Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vertical Billet Casters Market - Supply Chain
4.5. Global Vertical Billet Casters Market Forecast
4.5.1. Vertical Billet Casters Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vertical Billet Casters Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vertical Billet Casters Market Absolute $ Opportunity
5. Global Vertical Billet Casters 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. Vertical Billet Casters Market Size and Volume Forecast by Type
5.3.1. 100-150mm
5.3.2. 150-200mm
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vertical Billet Casters 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. Vertical Billet Casters Market Size and Volume Forecast by Application
6.3.1. Large Plant
6.3.2. Small Plant
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vertical Billet Casters 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. Vertical Billet Casters 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 Vertical Billet Casters 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. Vertical Billet Casters 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 Vertical Billet Casters Demand Share Forecast, 2019-2026
9. North America Vertical Billet Casters 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 Vertical Billet Casters 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 Vertical Billet Casters Market Size and Volume Forecast by Application
9.4.1. Large Plant
9.4.2. Small Plant
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vertical Billet Casters Market Size and Volume Forecast by Type
9.7.1. 100-150mm
9.7.2. 150-200mm
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 Vertical Billet Casters Demand Share Forecast, 2019-2026
10. Latin America Vertical Billet Casters 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 Vertical Billet Casters 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 Vertical Billet Casters Market Size and Volume Forecast by Application
10.4.1. Large Plant
10.4.2. Small Plant
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vertical Billet Casters Market Size and Volume Forecast by Type
10.7.1. 100-150mm
10.7.2. 150-200mm
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 Vertical Billet Casters Demand Share Forecast, 2019-2026
11. Europe Vertical Billet Casters 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 Vertical Billet Casters 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 Vertical Billet Casters Market Size and Volume Forecast by Application
11.4.1. Large Plant
11.4.2. Small Plant
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vertical Billet Casters Market Size and Volume Forecast by Type
11.7.1. 100-150mm
11.7.2. 150-200mm
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 Vertical Billet Casters Demand Share, 2019-2026
12. Asia Pacific Vertical Billet Casters 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 Vertical Billet Casters 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 Vertical Billet Casters Market Size and Volume Forecast by Application
12.4.1. Large Plant
12.4.2. Small Plant
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vertical Billet Casters Market Size and Volume Forecast by Type
12.7.1. 100-150mm
12.7.2. 150-200mm
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 Vertical Billet Casters Demand Share, 2019-2026
13. Middle East & Africa Vertical Billet Casters 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 Vertical Billet Casters 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 Vertical Billet Casters Market Size and Volume Forecast by Application
13.4.1. Large Plant
13.4.2. Small Plant
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vertical Billet Casters Market Size and Volume Forecast by Type
13.7.1. 100-150mm
13.7.2. 150-200mm
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 Vertical Billet Casters Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vertical Billet Casters Market: Market Share Analysis
14.2. Vertical Billet Casters Distributors and Customers
14.3. Vertical Billet Casters Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Danieli
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Primetals
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SMS Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sino-Heavymach
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Alfred Wertli AG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. JP Steel Plantech Co
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. CCTEC
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sarralle
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Electrotherm
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
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
