The "Foundries Market 2021-2030" market research that is now available with Market Insights Reports introduces detailed system information about market valuation, market size, revenue estimates, and vertical business areas. The foundry market report provides an overview of top companies with business value and industry demand status. The report also helps users understand the market in terms of definition, segmentation, market potential, influence trends, and the challenges they face. The impact of COVID-19 and its recovery after COVID-19. The report also provides forecasts of foundry investment from 2021 to 2030.
Then, the market is expected to recover from 2021 and grow at a compound annual growth rate of 6%, and reach USD 2011 billion in 2023.
The Asia-Pacific region is the largest region in the global foundry market, accounting for 54% of the market in 2019. Western Europe is the second largest region, accounting for 18% of the global foundry market. Africa is the smallest region in the global foundry market.
Computer-aided design (CAD) programs are the main trend in the foundry market to increase productivity. This technique involves the modification of CAD files to guide the additive manufacturing process. This is similar to 3D printing sand into optimized molds and cores. CAD programs can help companies in this market optimize casting designs.
The foundry market consists of entities (organizations, exclusive traders, and partnerships) selling mold castings that pour molten metal into molds to produce castings. Foundries include iron foundries, steel investment foundries, steel foundries, non-ferrous metal die casting foundries, aluminum foundries and other non-ferrous metal foundries.
Markets covered: 1) By type: ferrous metal foundry; non-ferrous metal foundry 2) application areas: automobiles; pipes and accessories; agricultural machinery; electronic equipment; machine tools; others
Sub-sectors covered: iron foundries; steel foundries; non-ferrous metal die-casting foundries; aluminum foundry (except die-casting); other non-ferrous metal foundries (except die-casting)
Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico ; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; United Kingdom; United States; Venezuela, Vietnam
Regions: Asia Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Data segmentation: historical and forecast data of countries and regions, market share of competitors, market segmentation.
– A detailed overview of the foundry market – The rapidly changing market dynamics of the industry – In-depth market segmentation by type, application, etc. – According to the history of quantity and value, the current and projected market size – The latest industry trends and developments – The competitive landscape Industrial market-major players and product strategies-potential and market segments/regions show promising growth