Industry Analysis & Industry Trends
The Non-Ferrous Metal Casting industry has faced challenging times. Industry revenue is expected to grow by a mere 0.4% per annum over past five years to reach $147.4 million, with only 0.1% growth forecast for 2012-13. The industry depends heavily on downstream demand. The domestic automotive industries, the industry's primary source of revenue, experienced nightmarish conditions even prior to the onset of the global economic downturn. In addition, poor farming conditions have hit the Agricultural Machinery Manufacturing industry hard. Industry revenue is forecast to grow more substantially in the five years through 2017-18 to reach $162.7 million at a compound annual growth rate of 2.0%.
Profit margins have declined over the past five years as demand diminished... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Non-Ferrous Metal Casting industry has a low level of concentration, with the top four producers expected to account for less than 25% of the market. The industry tends to be dominated by small, specialist producers catering to niche markets such as automotive parts tailored to specific brands, vehicles or custom fitted specifications. While these producers may not enjoy the economies of scale afforded by larger players such as Arrowcrest, they tend to have shorter production runs and higher-margin products.
The industry, being in its declining stage, has experienced increasing consolidation over the past five years, as large players have followed a strategy of mergers and acquisition... purchase to read more