Abstract
US demand to approach $35 billion in 2011
US demand for industrial castings is projected to increase 1.1 percent annually to $34.8 billion in 2011. Growth during the 2001-2006 period resulted from rapidly rising prices for the metals used in castings, and as those prices moderate through 2011, demand for castings will decelerate from the earlier pace. The brightest prospects for castings will be in some of the smaller castings markets, including aerospace applications and electrical and electronic equipment. Advances in aerospace equipment applications will be spurred by robust growth in spending on military aircraft and missiles, as well as on commercial aircraft. Ongoing technological advances in computers and wireless devices will support castings demand in medical electronics, mobile telephones, video games, medical instruments and electronic packaging.
Shipments of industrial castings are expected to rise 1.1 percent per annum through 2011, mirroring demand, as trade is expected to continue to play a minimal role in the castings market. Tonnage of castings shipments is forecast to rise less than one percent annually through 2011, which represents a rebound from declines that occurred in the 2001-2006 period.
Magnesium-based castings to lead nonferrous growth
Shipments of nonferrous castings are expected to accelerate in volume terms from the 2001-2006 period, increasing 3.3 percent per annum through 2011. Magnesium-based castings are expected to see the most rapid growth among the nonferrous metals because of their light weight and high strength-to-weight ratio. Strong growth in the aerospace industry will spur demand for magnesium castings, as use of these components provide greater fuel efficiency, overall noise reduction, and less vibration when compared to other materials. Nonferrous castings will also experience gains in motor vehicle applications, where magnesium components are typically lighter and therefore are able to improve a vehicle' s fuel economy while increasing safety and handling.
Table of Contents
INTRODUCTION
I. EXECUTIVE SUMMARY
II. MARKET ENVIRONMENT
- General
- Macroeconomic Environment
- Industrial Sector Outlook
- Industrial Production Trends
- Capital Spending Trends
- Defense Spending Trends
- Market Trends
- Pricing Patterns
- Technology
- Casting Methods
- Alternative & Competitive Technologies
- Alternative Metal Forming Techniques
- Nonmetallic Alternatives
- International Environment
- World Supply & Demand
- Trends in Foreign Trade
III. SUPPLY & DEMAND
IV. FERROUS CASTINGS
- General
- Ductile Iron Castings
- Gray Iron Castings
- Steel Investment Castings
- Malleable Iron Castings
- Other Ferrous Castings
V. NONFERROUS CASTINGS
- General
- Die Castings
- Aluminum
- Other Metals
- Zinc
- Magnesium
- Copper
- All Other
- Nonferrous Castings Other than Die Castings
- Aluminum
- Copper
- All Other Nonferrous Metals
VI. MARKETS
- General
- Industrial Machinery
- Industrial Machinery Sector Outlook
- Industrial Machinery Castings Outlook
- Motor Vehicles
- Motor Vehicle Sector Outlook
- Motor Vehicle Castings Outlook
- Electrical & Electronic Equipment
- Electrical & Electronic Equipment Sector Outlook
- Electrical & Electronic Equipment Castings Outlook
- Construction & HVAC
- Construction Sector Outlook
- Construction & HVAC Castings Outlook
- Primary & Fabricated Metals
- Metals Industry Outlook
- Metals Industry Castings Outlook
- Aerospace
- Aerospace Sector Outlook
- Aerospace Castings Outlook
- Other Markets
- Transportation Equipment
- All Other
VII. INDUSTRY STRUCTURE
- General
- Industry Composition
- Market Share
- General Motors
- Alcoa
- Precision Castparts
- ThyssenKrupp AG
- INTERMET
- AMSTED Industries
- Grede Foundries
- Leggett & Platt
- Ferrous Castings
- Nonferrous Castings
- Product Development & Manufacturing
- Marketing & Distribution
- Cooperative Agreements
- Financial Issues & Requirements
- Mergers, Acquisitions & Industry Restructuring
- COMPANY PROFILES
- Aalberts Industries NV
- AAP St. Marys Corporation, see Hitachi
- Acme Alliance LLC
- AcuCast Technologies LLC, see Acme Alliance
- Alcan Incorporated
- Alcoa Incorporated
- AMSTED Industries
- Asahi Tec Corporation
- ASF-Keystone Incorporated, see AMSTED Industries
- Briggs & Stratton Corporation
- Brunswick Corporation
- Burgess-Norton Manufacturing Company, see AMSTED Industries
- Chicago White Metal Casting
- Columbus Steel Castings Company
- Consolidated Metco, see AMSTED Industries
- Consolidated-PAC
- Contech
- DaimlerChrysler AG
- Dynacast Incorporated, see Melrose plc
- Elkhart Products Corporation, see Aalbert Industries
- Elkton Die Casting LLC, see Acme Alliance
- Empire Die Casting Company
- Fansteel Incorporated
- Ford Motor Company
- General Motors Corporation
- Grede Foundries Incorporated
- Griffin Wheel Company, see AMSTED Industries
- Hitachi Limited
- Hitchiner Manufacturing Company
- INTERMET Corporation
- J&L Fiber Services, see Precision Castparts
- Ladish Company Incorporated
- Lee Brass Company
- Leggett & Platt Incorporated
- Ligon Industries LLC
- Madison-Kipp Corporation
- Magellan Aerospace Corporation
- Maynard Steel Casting Company
- McConway & Torley, see Trinity Industries
- Melrose plc
- Mercury Castings, see Brunswick
- Metal Casting Technology, see General Motors
- Metaldyne Corporation, see Asahi Tec
- Mueller Industries
- Pace Industries Incorporated, see Leggett & Platt
- Pacific Cast Technologies, see Laddish Company
- Pacific Steel Casting Company
- Park-Ohio Holdings Corporation
- PCC Structurals, see Precision Castparts
- Precision Castparts
- Presto Casting, see Magellan Aerospace
- Products Technologies, see Leggett & Platt
- SPX Corporation
- Sturm, Ruger & Company
- ThyssenKrupp AG
- Trinity Industries Incorporated
- Ward Manufacturing, see Hitachi
- Wisconsin Aluminum Foundry
SECTION I -- EXECUTIVE SUMMARY
- Summary Table
SECTION II -- MARKET ENVIRONMENT
- 1 Macroeconomic Environment
- 2 Manufacturers' Shipments
- 3 Nonresidential Fixed Investment
- 4 Defense Spending Trends
- 5 Industrial Castings Market Volatility
- 6 World Castings Demand by Region
- 7 Trends in Foreign Trade
SECTION III -- SUPPLY & DEMAND
- 1 Industrial Castings Supply & Demand
SECTION IV -- FERROUS CASTINGS
- 1 Ferrous Castings Supply & Demand
- 2 Ductile Iron Castings Shipments
- 3 Gray Iron Castings Shipments
- 4 Steel Investment Castings Shipments
- 5 Malleable Iron Castings Shipments
- 6 Other Ferrous Castings Shipments
SECTION V -- NONFERROUS CASTINGS
- 1 Nonferrous Castings Supply & Demand
- 2 Die Castings Shipments
- 3 Shipments of Nonferrous Castings Other than Die Castings
- 4 Aluminum-Based Foundry Shipments
- 5 Copper-Based Foundry Shipments
- 6 All Other Nonferrous Foundry Shipments
SECTION VI -- MARKETS
- 1 Industrial Castings Demand by Market
- 2 Industrial Machinery Shipments
- 3 Industrial Machinery Castings Market
- 4 Motor Vehicle Sector Outlook
- 5 Motor Vehicle Castings Market
- 6 Electrical & Electronic Shipments
- 7 Electrical & Electronic Equipment Castings Market
- 8 Construction Expenditures
- 9 Construction & HVAC Castings Market
- 10 Primary & Fabricated Metals Shipments
- 11 Metals Industry Castings Market
- 12 Aerospace Equipment Shipments
- 13 Aerospace Castings Market
- 14 Other Industrial Castings Markets
SECTION VII -- INDUSTRY STRUCTURE
- 1 Industrial Castings Sales by Company, 2006
- 2 Selected Cooperative Agreements
- 3 Composite Financial Ratios: Selected Castings Manufacturers, 2006
- 4 Selected Acquisitions & Divestitures
LIST OF CHARTS
SECTION II -- MARKET ENVIRONMENT
- 1 Industrial Castings Market Volatility
- 2 Industrial Castings Pricing Patterns
SECTION III -- SUPPLY & DEMAND
- 1 US Castings Shipments by Value & Volume, 2006
SECTION IV -- FERROUS CASTINGS
- 1 Industrial Castings Demand by Market, 2006
- 2 US Castings Shipments Tonnage Distribution, 2006 & 2011
SECTION VII -- INDUSTRY STRUCTURE
- 1 Industrial Castings Market Share by Company, 2006
- 2 Ferrous Castings Market Share by Company, 2006
- 3 Nonferrous Castings Market Share by Company, 2006
