Research and Markets’ “Global Metal Casting Market 2012-2016” report forecasts the global casting market to grow at a CAGR of 7.89% from 2012 to 2016.
One of the key factors reportedly contributing to growth is the migration of manufacturing operations to emerging markets. The market also has seen growth in renewable energy castings, but increasing energy requirements could pose a challenge.
The report covers the market in the Americas, Europe, the Middle East and Africa, and the Asia-Pacific regions, as well as the global outlook. It includes a discussion of vendors including Alcoa Inc., Precision Castparts Corp. and ThyssenKrupp AG.