NEW YORK, July 24, 2017 /PRNewswire/ -- Foundry tools are a set of equipment, such as shovels, trowels, rammers, riddles, and others. Foundry tools are used in foundries for basic operations, such as mixing and molding sand, smoothening surfaces, and others. The global casting production surged in 2015 when compared with the figures in 2014. However, a decline in the number of foundries was observed, indicating the consolidation of foundry businesses across the world.
Read the full report: http://www.reportlinker.com/p05015519/Global-Foundry-Tools-Market.html
Technavio's analysts forecast the global foundry tools market to grow at a CAGR of 0.68% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global foundry tools market for 2017-2021. To calculate the market size, the report considers cover shovels, trowels, riddles, slick tools, and rammers.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Foundry Tools Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Artisan Foundry Shop
• Freeman Manufacturing & Supply
• MIFCO - McEnglevan Industrial Furnace Company
• Morgan Advanced Materials
Other prominent vendors
• Crowder Supply
• giba
• Holmatro
• Apex Tool Group
• U.S. Air Tool
Market driver
• Industrialization and development in APAC
• For a full, detailed list, view our report
Market challenge
• Benefits of forging over casting
• For a full, detailed list, view our report
Market trend
• 3D printing in sand casting
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Read the full report: http://www.reportlinker.com/p05015519/Global-Foundry-Tools-Market.html
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