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Non-ferrous Castings Market by Type, Application, and Geography - Forecast and Analysis 2020-2024

  • Published: Oct 2020
  • Pages: 120
  • SKU: IRTNTR45518
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The non-ferrous castings market has the potential to grow by 8223.30 thousand MT during 2020-2024, and the market’s growth momentum will accelerate at a CAGR of 5.80%.

This non-ferrous castings market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by type (aluminum, copper, zinc, magnesium, and others), application (automobiles, electrical and construction, industrial machinery, and others), and geography (APAC, North America, Europe, MEA, and South America). The non-ferrous castings market report also offers information on several market vendors, including Alcoa Corp., Berkshire Hathaway Inc., Form Technologies, Georg Fischer Ltd., Hitachi Metals Ltd., MAGMA Giessereitechnologie GmbH, Minerals Technologies Inc., Schuler AG, Toyota Motor Corporation, and voestalpine AG among others.

What will the Non-ferrous Castings Market Size be in 2020?

Non-ferrous-Castings-Market-Market-Size-2019-2024

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Non-ferrous Castings Market: Key Drivers and Trends

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The increased simulation-based castings are notably driving the non-ferrous castings market growth, although factors such as economic downturn may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the non-ferrous castings market get your FREE report sample now.

This non-ferrous castings market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Non-ferrous Castings Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Alcoa Corp.
  • Berkshire Hathaway Inc.
  • Form Technologies
  • Georg Fischer Ltd.
  • Hitachi Metals Ltd.
  • MAGMA Giessereitechnologie GmbH
  • Minerals Technologies Inc.
  • Schuler AG
  • Toyota Motor Corporation
  • voestalpine AG

 

The non-ferrous castings market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the non-ferrous castings market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Non-ferrous Castings Market?

Non-ferrous-Castings-Market-Market-Share-by-Region-2019-2024

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62% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for non-ferrous castings in APAC. 

The report offers an up-to-date analysis of the geographical composition of the market. APAC has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Type Segments in the Non-ferrous Castings Market?

Non-ferrous-Castings-Market-Market-Share-by-Type-2019-2024

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The non-ferrous castings market share growth by the aluminum segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2020-2024 and embrace technologies to improve business efficiency.

Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the non-ferrous castings market size.

 

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What are the Key Factors Covered in this Non-ferrous Castings Market Report?

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive non-ferrous castings market growth during the next five years
  • Precise estimation of the non-ferrous castings market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the non-ferrous castings market across APAC, North America, Europe, MEA, and South America 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of non-ferrous castings market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Non-ferrous Castings Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 6%

Market growth 2020-2024

8223.30 th MT

Market structure

Fragmented

YoY growth (%)

5.30

Regional analysis

APAC, North America, Europe, MEA, and South America

Performing market contribution

APAC at 62%

Key consumer countries

China, Japan, US, Germany, and India

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Alcoa Corp., Berkshire Hathaway Inc., Form Technologies, Georg Fischer Ltd., Hitachi Metals Ltd., MAGMA Giessereitechnologie GmbH, Minerals Technologies Inc., Schuler AG, Toyota Motor Corporation, and voestalpine AG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Executive Summary

    Market Landscape

    • Market ecosystem
    • Market characteristics
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Automobiles - Market size and forecast 2019-2024
    • Electrical and construction - Market size and forecast 2019-2024
    • Industrial machinery - Market size and forecast 2019-2024
    • Others - Market size and forecast 2019-2024
    • Market opportunity by Application

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Aluminum - Market size and forecast 2019-2024
    • Copper - Market size and forecast 2019-2024
    • Zinc - Market size and forecast 2019-2024
    • Magnesium - Market size and forecast 2019-2024
    • Others - Market size and forecast 2019-2024
    • Market opportunity by Type

    Customer landscape

    • Overview

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • APAC - Market size and forecast 2019-2024
    • North America - Market size and forecast 2019-2024
    • Europe - Market size and forecast 2019-2024
    • MEA - Market size and forecast 2019-2024
    • South America - Market size and forecast 2019-2024
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Overview
    • Landscape disruption
    • Competitive scenario

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • Alcoa Corp.
    • Berkshire Hathaway Inc.
    • Form Technologies
    • Georg Fischer Ltd.
    • Hitachi Metals Ltd.
    • MAGMA Giessereitechnologie GmbH
    • Minerals Technologies Inc.
    • Schuler AG
    • Toyota Motor Corporation
    • voestalpine AG

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
    Get your sample now!
    Non-ferrous Castings market growth will increase by $8223.30 thousand MT during 2019-2024.
    The non-ferrous castings market is expected to grow at a CAGR of 5.80% during 2019-2024.
    Technavio has segmented the non-ferrous castings market by type (Aluminum, Copper, Zinc, Magnesium, and Others) ,application (Automobiles, Electrical and construction, Industrial machinery, and Others) , and geographic (APAC, North America, Europe, MEA, and South America).
    Alcoa Corp., Berkshire Hathaway Inc., Form Technologies, Georg Fischer Ltd., Hitachi Metals Ltd., MAGMA Giessereitechnologie GmbH, Minerals Technologies Inc., Schuler AG, Toyota Motor Corporation, voestalpine AG are a few of the key vendors in the non-ferrous castings market.
    APAC will register the highest growth rate of 61.59% among the other regions. Therefore, the non-ferrous castings market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the non-ferrous castings market growth are:
    • Increased simulation-based castings
    The non-ferrous castings market vendors should focus on grabbing business opportunities from the aluminum segment as it accounted for the largest market share in the base year.
    • What are the key global market and the regional market share?
    • What are the revenue-generating key market segments?
    • What are the key factors driving and challenging this market’s growth?
    • Who are the key market vendors and their growth strategies?
    • What are the latest trends influencing the growth of this market?
    • What are the variables influencing the market growth in the primary regions?
    • What are the factors influencing the growth of the parent market?
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