Light metals, such as aluminium and magnesium, have a low atomic weight. They are cast into components for many engineered products, including automotive and aerospace parts. The industry is domestically oriented and was adversely affected by weak manufacturing activity in the United Kingdom induced by the economic downturn. The 2008 financial crisis strained budgets and curtailed national spending, limiting demand for manufactured products and, ultimately, sales of the light metal castings used to produce them. A significant reduction in motor vehicle manufacturing hit industry revenue particularly hard, but this was short-lived.
The industry consists of companies that cast light metals, such as aluminium, zinc and magnesium and titanium.
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.