Overview

Casting doubt: Falling demand from manufacturing markets is causing revenue to decline

IBISWorld’s Non-Ferrous Metal Casting market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

REPORT SNAPSHOT

Market Share of Companies
There are no companies with a dominant market share in this industry
Industry Statistics & Market Size
Revenue
$69m
Annual Growth
2012 - 2017
-12.5%
Annual Growth
2017 - 2022
Profit
Employment
411
Business
57

Industry Analysis & Industry Trends

The Non-Ferrous Metal Casting industry is a small component of Australia's primary metal and metal product manufacturing sector. The industry has declined over the past five years due to challenging market conditions. Rising import penetration has contributed to declining activity in a range of downstream manufacturing markets, which has reduced demand for industry products over the past five years. In addition, reduced mining activity has caused demand to weaken further. Rising agricultural and construction activity have limited demand declines, but have not offset revenue declines over the past five years. Industry revenue is expected to fall by an annualised 12.5% over the five years through 2016-17, to reach $68.6 million. This includes a projected fall of 6.4% in 2016-17...

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Industry Report - Starting a New Business Chapter

The Non-Ferrous Metal Casting industry is characterised by moderate barriers to entry, and this has remained relatively steady over the past five years. Given the nature of production, industry operators require large facilities that can accommodate bulky equipment such as blast furnaces, rolling and forging mills and other expensive machinery. This initial cost can be prohibitive for many prospective entrants, especially given the tightening credit conditions and falling demand for the industry's products.

Another barrier to entry is securing supplier contracts with downstream markets. Existing players already have established links with downstream customers across a range of niche markets. The..

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Industry Products

What is the Non-Ferrous Metal Casting Industry?

Industry firms manufacture finished non-ferrous metal products by casting molten non-ferrous metals in moulds. The industry also includes companies that clean and finish cast non-ferrous products. The term non-ferrous indicates metals other than iron and alloys that do not contain an appreciable amount of iron. The industry excludes aluminium smelting and casting activities.

Industry Products
Cast and forged copper
Other non-ferrous metal castings
Zinc castings
Magnesium castings
Industry Activities
Manufacturing non-ferrous metal castings
Manufacturing non-ferrous metal die castings
Manufacturing non-ferrous forgings

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

Competitive Landscape

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
industry Globalisation

Major Companies

Operating Conditions

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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