The Rise of the Metal Castings Market

The Rise of the Metal Castings Market

September 29th, 2022

In past blogs we’ve talked about the benefits of metal above plastic. Metal Casting has many advantages:

  • Complex production capabilities
  • Energy efficient
  • Innovative,
  • Uses recyclable materials,
  • Cost Effective

Furthermore, cast metal products range from home appliances to surgical equipment and more, making it a really flexivable and manoeuvrable medium.

This is why is so rewarding to know that the Market Analysys forecasts that the ferrous metal castings will continue to dominate the market whereas the nonferrous metal castings will keep gradually gaining ground.

Last year the metal casting marked had reached a value of $139 billion. It is projected that by 2027, the market will reach an impressive $221.3 billion.

Two key factors in this rise are:

  • The global economy growth
  • The big industrial activity in hig-growth emerging economies

As always, we at US Castings, will keep you updated in any new industry development and will always put ahead the needs of our customers.