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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. TechNavio's analysts forecast the Casting and Forging market in Europe to grow at a CAGR of 4.84 percent over the period 2013-2018.
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Casting and Forging Market in Europe2014-2018
TechNavio Insights
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Market Overview: Casting and Forging
About Casting and Forging• 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 are used 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.
• TechNavio's analysts forecast the Casting and Forging market in Europe to grow at a CAGR of 4.84 percent over the period 2013-2018.
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Covered in This Report
• This report covers the present scenario and the growth prospects of the Casting and Forging market in Europe for the period 2014-2018.
• To calculate the market size and segment, the report considers the total production of casting and forging materials.
• The Casting market consists of two major segments, namely Ferrous and Nonferrous Casting.
• Ferrous Casting: This segment involves iron, steel, and malleable iron castings • Nonferrous Casting: This involves casting of non-iron materials such as copper and zinc
• The Forging market consists of the following segments: Closed Die Forging, Press Forging, Upset Forging, Open Die Forging, and Cold Forging.
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Key Vendors and Regions
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 Regions• Europe
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Market Drivers, Challenges and Trends
Guest BloggersDriver• Increased Demand from Automotive Industry.• For a full, detailed list, view our report.
Challenge
• Increased Competition.• For a full, detailed list, view our report.
Trend• Stringent Legislation.• For a full, detailed list, view our report.
A detailed analysis of each market driver, challenge and trend is available in our
report:
Casting and Forging Market in
Europe 2014-2018
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Key Questions
Questions Answered in Our 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?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
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Casting and Forging Market in Europe 2014-2018
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TechNavio's report, Casting and Forging Market in Europe2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts.
Upcoming for publication on: August 13, 2014 | 55 Pages | SKU: IRTNTR3952 | Pre-order at 20% discount
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