The Non-Ferrous Metal Casting industry has faced challenging times. Industry revenue is expected to fall by 9.8% per annum over the five years through 2012-13, to reach $176.6 million. During 2012-13, revenue is forecast to fall by 7.2%. The industry depends heavily on downstream demand. The domestic automotive industries, the industry's primary source of revenue, experienced nightmarish conditions even prior to the onset of the global economic downturn. In addition, poor farming conditions have hit the Agricultural Machinery Manufacturing industry hard. In contrast, the Mining and Construction Machinery Manufacturing industry has had better fortunes.
The industry consists of firms that are involved in casting or forging non-ferrous metals or alloys. The term non-ferrous is used to indicate metals other than iron and alloys that do not contain an appreciable amount of iron. A key market for these firms is the automotive industry, which makes use of a range of aluminium castings.
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.