Casting and Forging Market in Europe 2014-2018: Key Vendors are Mahindra Forgings Europe, Siempelkamp and ThyssenKrupp

DUBLIN, August 29, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/4265ck/casting_and) has announced the addition of the "Casting and Forging Market in Europe 2014-2018" report to their offering. 

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Casting is a manufacturing process in which molten or liquid metal is poured into a mold made of sand, metal, or ceramic, which contains a hollow cavity of the desired shape, to form geometrically complex parts. All major metals can be made into castings and the most common ones are iron, aluminum, magnesium, zinc, steel, and copper-based alloys. 

Metal castings find application in cars, trucks, planes, trains, mining and construction equipment, oil wells, pipes, toys, space shuttles, wind turbines, nuclear plants, and more. Forging is the process of shaping the metals using compressive forces, which are then further processed to obtain a finished part. There are various types of forging methods such as closed die forging, cold forging, and open die forging.

The analysts forecast the Casting and Forging market in Europe will grow at a CAGR of 4.84 percent over the period 2013-2018.

The report, the Casting and Forging market in Europe 2013-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Casting and Forging market in Europe landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

One of the emerging trends in this market is the growth in renewable energy casting. Metal castings will play a key role in the growth of all renewable energy sources such as biomass, geothermal heat pumps, hydropower, solar photovoltaic cells, and wind.

According to the report, the Casting and Forging Market in Europe is driven by several factors, one of them being increased demand for casting and forging from the automotive industry. Components such as cylinder heads, transmission housings, crankcases, engine blocks, pumps, bearings, suspension and bodywork parts, and wheels are produced using casting methods. 

Further, the report states that one of the key challenges that the market faces is increased competition from Asian countries and some Eastern European countries such as Poland and Czech Republic. The presence of vendors that manufacture high-quality casting in these countries has created stiff competition for German and Italian vendors.

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 a SWOT analysis of the key vendors. 

Key Topics Covered: 

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report

04. Market Research Methodology

05. Introduction

06. Market Landscape

07. Market Segmentation by Product

08. Market Segmentation by End-users

09. Geographical Segmentation

10. Buying Criteria

11. Market Growth Drivers

12. Drivers and their Impact

13. Market Challenges

14. Impact of Drivers and Challenges

15. Market Trends

16. Trends and their Impact

17. Vendor Landscape

18. Key Vendor Analysis

19. Other Reports in this Series

20. Other Reports in this Series 


Companies Mentioned:

• Mahindra Forgings Europe AG
• Siempelkamp Group
• ThyssenKrupp AG
• Aichi Steel
• Alcoa
• Allegheny Technologies
• Bharat Forged
• KITZ
• Nippon Steel & Sumitomo Metal
• Schuler Group and SNT

For more information visit http://www.researchandmarkets.com/research/4265ck/casting_and

Media Contact: Laura Wood , +353-1-481-1716, [email protected]

SOURCE Research and Markets