Global Steel Castings Market Report 2021-2025 insightful to the clients to take business decisions and to understand strategies of major players in the industry. The report also calls for market – driven results deriving feasibility studies for client needs. Marketinsightsreports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time scenario.
The Metal Casting Market is estimated to be USD 18.73 Billion in 2016 and is projected to grow at a CAGR of 8.87% during the forecast period, to reach USD 39.94 Billion by 2025.
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Global Steel Castings Market Analysis Report includes Top Companies: Amsteel Castings, Precision Castparts, Hyundai Steel, JFJC, ESCO, Japan Casting & Forging Corp., Berkshire Hathaway Inc., Hitachi Metals Ltd., Kobe Steel Ltd., Anhui Yingliu, Peekay Steel Castings Pvt. Ltd., Pacific Steel Casting, Nucor and Other along with their company profile, growth aspects, opportunities, and threats to the market development.
Industry News:
2020.02.25: Hyundai Steel to spin off metal forming division
South Korea’s Hyundai Steel will spin off its metal casting and free forging business as a subsidiary to improve business efficiency and competitiveness, the company said in a regulatory filing on Tuesday.
The demerged unit, which will be in charge of both manufacturing and marketing, is tentatively named as Hyundai Integrated Forging Co. with initial capital of 521.8 billion won.
This report segments the Global Steel Castings Market on the basis of Types are:
Carbon Steel
Alloy Steel
Stainless Steel
On the basis of Application, the Global Steel Castings Market is segmented into:
Construction
Mining
Railroad
Automotive and Transportation
Power
Oil and Gas
Others
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Regional Analysis For Steel Castings Market:
North America (United States, Canada, Mexico)
Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam)
Europe (Germany, France, UK, Italy, Russia, Rest of Europe)
Central & South America (Brazil, Rest of South America)
Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa, Other)
Key Highlights of the Report:
– Quantitative market information and forecasts for the global Steel Castings industry, segmented by type, end-use, and geographic region.
– Expert analysis of the key technological, demographic, economic, and regulatory factors driving growth in the Steel Castings to 2026.
– Market opportunities and recommendations for new investments.
– Growth prospects among the emerging nations through 2026.
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Furthermore, this study will help our clients solve the following issues:
Cyclical dynamics – We foresee dynamics of industries by using core analytical and unconventional market research approaches. Our clients use insights provided by us to maneuver themselves through market uncertainties and interferences.
Identifying key cannibalizes – Strong substitute of a product or service is the most important threat. Our clients can identify key cannibalizes of a market, by procuring our research. This helps them in aligning their new product development/launch strategies in advance.
Spotting emerging trends – The report help clients to spot upcoming hot market trends. We also track possible impact and disruptions which a market would witness by a particular emerging trend. Our proactive analysis help clients to have early mover advantage.
Interrelated opportunities – This report will allow clients to make decisions based on data, thereby increasing the chances that the strategies will perform better if not best in real world.
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