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The Industrial Casting Market is expected to grow by $ 3.87 bn during 2021-2025, progressing at a CAGR of over 5% during the forecast period

ReportLinker
·3-min read

Industrial Casting Market in the US 2021-2025. The analyst has been monitoring the industrial casting market in the US and it is poised to grow by $ 3. 87 bn during 2021-2025, progressing at a CAGR of over 5% during the forecast period.

New York, April 23, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Industrial Casting Market in US 2021-2025" - https://www.reportlinker.com/p01027182/?utm_source=GNW
Our report on industrial casting market in the US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current us market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing demand from the automotive industry and increased demand for iron casting from the renewable energy sector. In addition, growing demand from the automotive industry is anticipated to boost the growth of the market as well.
The industrial casting market in US analysis includes product segment and end-user segment.

The industrial casting market in the US is segmented as below:
By Product
• Non-ferrous
• Ferrous

By End-user
• Machinery
• Automotive
• Electrical and electronics
• Others

This study identifies the increased use of simulation-based castings as one of the prime reasons driving the industrial casting market in the US growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on industrial casting market in the US covers the following areas:
• Industrial casting market in US sizing
• Industrial casting market in US forecast
• Industrial casting market in US industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial casting market in US vendors that include Alcoa Corp., Avalon Precision Casting, ESCO Corp., Great Lakes Castings LLC, Impro Precision Industries Ltd., KSB SE and Co. KGaA, Meridian Lightweight Technologies Inc., Neenah Foundry, OSCO Industries Inc., and Titanium Metals Corp. Also, the industrial casting market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p01027182/?utm_source=GNW

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