The Business Research Company’s report goes into great detail on the foundries market size and growth, foundries market regional analysis, foundries market competitive landscape, and other critical information needed to excel in the foundries industry.

Major players in the foundries market include Ryobi Limited, Aludyne Inc, Kobe Steel Ltd, Georg Fischer AG, Grupo Industrial Saltillo S.A.B. de C.V, Neenah Enterprises Inc, Vesuvius plc, Anhui Yingliu Electromechanical Co. Ltd., Allegheny Technologies Incorporated, and Doosan Heavy Industries & Construction Co. Ltd.

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

The global foundries market size is expected to grow from $156.72 billion in 2021 to $168.59 billion in 2022 at a compound annual growth rate (CAGR) of 7.6%. The foundry market is expected to grow to $216.0 billion in 2026 at a CAGR of 6.4%.

Asia Pacific was the largest region in the foundries market in 2021.

The foundries market consists of sales of moulded castings by entities (organizations, sole traders and partnerships) that produce castings by pouring molten metal into moulds.

Stable economic growth is expected to increase investments in the end-user markets, thereby driving the foundries market during the forecast period.

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Automated manufacturing systems are gaining popularity as they enhance manufacturing productivity and reduce operating costs. Automation systems refer to a machine, tool or technology such as robotic and AI technology that helps to reduce human intervention and improve safety in the metal manufacturing processes such as processing, assembling, material handling. This allows metal manufacturing companies to increase efficiency and production, improve safety on the manufacturing floor, enhance product quality, perform complex and varied tasks, enhance process stability, provide flexibility to produce products and eliminate routine manual tasks.

TBRC’s global foundries market report is segmented:
By Type: Ferrous Metal Foundries, Nonferrous Metal Foundries

By Foundry Type: Pure Play Foundry, Integrated Device Manufacturers

By Application: Automobile, Pipes and Fittings, Agricultural Machinery, Electrical Equipment, Machine Tools, Others

Subsegments Covered: Iron Foundries, Steel Foundries, Nonferrous Metal Die-Casting Foundries, Aluminum Foundries (except Die-Casting), Other Nonferrous Metal Foundries (except Die-Casting)

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Foundries Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the foundries market globally and regionally, analyzes and forecasts market size, share, foundries market players, foundries market segments, leading competitor revenues, profiles and market shares.

Here Is A List Of Similar Reports From The Business Research Company:

Alumina And Aluminum Production And Processing Global Market Report 2022

Metal Manufacturing Global Market Report 2022

Forged And Stamped Goods Global Market Report 2022

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