Foundries Market 2020 Industry Research, Segmentation, Key Players Analysis and Forecast to 2030

The Business Research Company offers "Foundries Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.

The global foundries market is expected to decline from $202 billion in 2019 to $173.3 billion in 2020 at a compound annual growth rate (CAGR) of -14.2%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 6% from 2021 and reach $201.1 billion in 2023.

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The foundries market consists of sales of molded castings by entities (organizations, sole traders and partnerships) that pour molten metal into molds to produce castings. Foundries include iron foundries, steel investment foundries, steel foundries, non-ferrous metal die casting foundries, aluminum foundries and other non-ferrous metal foundries.

Computer-Aided Designs (CAD) programs is a major trend in the foundry market for enhanced productivity. This technology involves the adaptation of CAD files to guide additive manufacturing programs. This is similar to 3D-printing of bonded sand into optimally designed molds and cores. CAD programs help the companies in this market to optimize the casting designs.

Foundries Market Segmentation:
By Type
1. Ferrous Metal Foundries
2. Nonferrous Metal Foundries

By Application
1. Automobile
2. Pipes & Fittings
3. Agricultural Machinery
4. Electrical Equipment
5. Machine Tools
6. Others

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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Foundries Market Characteristics
4. Foundries Market Product Analysis
5. Foundries Market Supply Chain
……
21. Key Mergers And Acquisitions In The Foundries Market
22. Market Background: Metal Manufacturing Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer

The report covers the trends and market dynamics of the foundries market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the foundries market are Alcoa, Bharat Forge, Hitachi Metals, Precision Castparts, AMCOL Metalcasting

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

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