Ferrous Metal Foundry Products in the US - IBISWorld Industry Market Research

Ferrous Metal Foundry Products in the US

Ferrous Metal Foundry Products in the US - IBISWorld Industry Market Research
Ferrous Metal Foundry Products in the US
Published Nov 20, 2014
35 pages — Published Nov 20, 2014
Price US$ 910.00  |  Buy this Report Now

About This Report


Ferrous Metal Foundry Products industry revenue is projected to grow over the five years to 2014. Despite significant gains following the economic downturn, industry growth has decelerated in recent years. The economic slowdown in emerging markets, such as China, and debt issues in developed countries, such as the United States and Europe, have weakened demand and prices for ferrous metals worldwide. In particular, excess supply and declining demand for iron ore in China has hurt prices for industry products, leading revenue to marginally decline in 2014. Rising industrial production and construction activity will drive revenue growth over the five years to 2019. Foundries will become more integrated into downstream manufacturers' production processes, working with customers to create higher quality, more precise castings.

Companies in this industry pour molten iron and steel into molds of a desired shape to make castings. Companies purchase ferrous metal inputs from iron and steel manufacturers. The industry does not include companies that cast iron and steel they manufacture themselves.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

IBISWorld Industry Market Research. "Ferrous Metal Foundry Products in the US" Nov 20, 2014. Alacra Store. Jun 21, 2018. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Ferrous-Metal-Foundry-Products-in-the-US-2042-819>
IBISWorld Industry Market Research. (2014). Ferrous Metal Foundry Products in the US Nov 20, 2014. New York, NY: Alacra Store. Retrieved Jun 21, 2018 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Ferrous-Metal-Foundry-Products-in-the-US-2042-819>
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