Dublin-(Business Wire)-ResearchAndMarkets.com has added the "US Industrial Casting Market 2021-2025" report.
The US industrial castings market is expected to grow by US$3.87 billion between 2021 and 2025, growing at a compound annual growth rate of more than 5% during the forecast period.
The market is driven by the growth in demand from the automotive industry and the growth in demand for cast iron from the renewable energy industry.
The report on the US industrial castings market provides a comprehensive analysis, market size and forecast, trends, growth drivers and challenges, and supplier analysis covering approximately 25 suppliers. The report provides the latest analysis on the current US market situation, the latest trends and driving factors, and the overall market environment. The industrial casting market analyzed in the United States includes product segmentation and end-user segmentation.
This study shows that the increased use of simulation-based castings is one of the main reasons driving the growth of the US industrial castings market in the next few years.
The publisher’s powerful supplier analysis is designed to help customers improve their market position. At the same time, this report provides a detailed analysis of several leading industrial casting markets among US suppliers, including Alcoa, Avalon Precision Casting, ESCO Corp., Great Lake Casting Co., Ltd., Impro Precision Industry Co., Ltd., KSB SE and Co.KGaA, Meridian Lightweight Technology Co., Neenah Foundry, OSCO Industries Co., and Titanium Metal Co., Ltd.
In addition, the US industrial foundry market analysis report also contains information about future trends and challenges that will affect market growth. This is to help the company develop strategies and take advantage of all upcoming growth opportunities.
This research was conducted using an objective combination of primary and secondary information, including input from major industry players. In addition to the analysis of major suppliers, the report also contains a comprehensive market and supplier profile.