United States Cast & Forged Market (2020-2026) | Companies, Share, Industry, Value, Forecast, Trends, Outlook, Revenue, Analysis, COVID-19 IMPACT, Growth & Size

Market Forecast By Product Types (Light Alloys, Copper Alloys, Iron Casting, Steel Casting, Miscellaneous), By Activity Types (Closed Die Forging, Open Die Forging, Rolled Ring Forging, Cold Forging, Non-ferrous Closed Die Forging), By Applications (Automotive, Aerospace, Oil & Gas, Construction, Agriculture, Industrial, Others) And Competitive Landscape

Product Code: ETC004226 Publication Date: Jul 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

United States Cast Forged Market Synopsis

The United States cast and forged market is projected to witness a CAGR of 3.3% during the forecast period (2020-2026). The market growth in the country can be attributed to the rising demand for passenger cars, increasing government expenditure towards infrastructure activities, and the growing aircraft industry. Moreover, technological advancements in production processes are creating opportunities for manufacturers operating in this domain. However, stringent environmental regulations imposed by regulatory bodies are expected to hinder the growth of the US cast and forged market over the forecast period.

Drivers of the Market

Increasing Demand for Passenger Cars ??? Passenger cars have become an essential requirement for transportation purposes among individuals across all countries worldwide due to their convenience factor; henceforth leading to an increase in their sales resulting into a surge in demand for metal components used while manufacturing these vehicles. Thus, with a rise in car sales numbers across major countries such as India and China coupled with other markets like Brazil and Mexico witnessing high demand from domestic consumers is anticipated to propel product segment growth over 2020-2026 timeline thus driving overall US cast & forge market size further ahead during this timeframe. Growing Aircraft Industry ??? There has been extensive development witnessed within aerospace industry which involves several applications requiring highly intricate designs followed by complex machining operations making it almost impossible without employing casting or forging process depending upon its suitability along with other factors involved at play before selecting either of them during manufacturing/fabrication stage thus augmenting product adoption rate significantly thereby stimulating regional US Cast & Forge Market outlook positively going forward till 2026 end

Challenges of the Market

Stringent Environmental Regulations Imposed By Regulatory Bodies ??? As melting down metal emits toxic fumes that pose health risks if not managed properly alongside causing environmental damage due hazardous gases emitted while doing so especially when done through conventional methods being employed since ages makes implementation of stringent rules mandatory by respective governments on usage/adoption of sustainable practices involving recycling options available along with nonconventional ones being employed that could reduce chances of contamination up till some extent although such practices incur higher costs compared against traditional methods hindering regional business expansion trends until certain degree thereby affecting industry profitability ratios negatively over next few years limiting US Cast & Forge Market share accordingly during 2020-2026 timeline eventually

Key Players of the Market

Key Players: Key players present within overall United States cast & forge marketplace include names like Nemak USA Inc., Alcoa Corp., Ramcast Corporation Ltd., Centrifugal Casting Machine Co.

Covid-19 Impact on the Market

The COVID-19 pandemic has had a negative impact on the US cast and forged market. The demand for these products has decreased due to the economic downturn, resulting in reduced production and sales. Furthermore, rising costs of raw materials have increased pressure on businesses within this sector. Companies are also facing problems related to supply chain disruption, as most of these businesses depend upon global imports for their raw materials and components. In addition, some companies have been forced to temporarily close operations in order to limit the spread of the virus. All these factors have significantly slowed down growth prospects for the industry as a whole over 2020 and 2021.

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Table of Contents

1. Executive Summary

2. Introduction

2.1. Key Highlights of the Report

2.2. Report Description

2.3. Market Scope & Segmentation

2.4. Research Methodology

2.5. Assumptions

3. United States Cast & Forged Market Overview

3.1. United States Country Macro Economic Indicators

3.2. United States Cast & Forged Market Revenues & Volume, 2019 & 2026F

3.3. United States Cast & Forged Market - Industry Life Cycle

3.4. United States Cast & Forged Market - Porter's Five Forces

3.5. United States Cast & Forged Market Revenues & Volume Share, By Product Types, 2019 & 2026F

3.6. United States Cast & Forged Market Revenues & Volume Share, By Activity Types, 2019 & 2026F

3.7. United States Cast & Forged Market Revenues & Volume Share, By Applications, 2019 & 2026F

4. United States Cast & Forged Market Dynamics

4.1. Impact Analysis

4.2. Market Drivers

4.3. Market Restraints

5. United States Cast & Forged Market Trends

6. United States Cast & Forged Market, By Types

6.1. United States Cast & Forged Market, By Product Types

6.1.1 Overview and Analysis

6.1.2. United States Cast & Forged Market Revenues & Volume, By Product Types, 2016 - 2026F

6.1.3. United States Cast & Forged Market Revenues & Volume, By Light Alloys, 2016 - 2026F

6.1.4. United States Cast & Forged Market Revenues & Volume, By Copper Alloys, 2016 - 2026F

6.1.5. United States Cast & Forged Market Revenues & Volume, By Iron Casting, 2016 - 2026F

6.1.6. United States Cast & Forged Market Revenues & Volume, By Steel Casting, 2016 - 2026F

6.1.7. United States Cast & Forged Market Revenues & Volume, By Miscellaneous, 2016 - 2026F

6.2. United States Cast & Forged Market, By Activity Types

6.2.1. Overview and Analysis

6.2.2. United States Cast & Forged Market Revenues & Volume, By Closed Die Forging, 2016 - 2026F

6.2.3. United States Cast & Forged Market Revenues & Volume, By Open Die Forging, 2016 - 2026F

6.2.4. United States Cast & Forged Market Revenues & Volume, By Rolled Ring Forging, 2016 - 2026F

6.2.5. United States Cast & Forged Market Revenues & Volume, By Cold Forging, 2016 - 2026F

6.2.6. United States Cast & Forged Market Revenues & Volume, By Non-ferrous Closed Die Forging, 2016 - 2026F

6.3. United States Cast & Forged Market, By Applications

6.3.1. Overview and Analysis

6.3.2. United States Cast & Forged Market Revenues & Volume, By Automotive, 2016 - 2026F

6.3.3 United States Cast & Forged Market Revenues & Volume, By Aerospace, 2016 - 2026F

6.3.4. United States Cast & Forged Market Revenues & Volume, By Oil & Gas, 2016 - 2026F

6.3.5. United States Cast & Forged Market Revenues & Volume, By Construction, 2016 - 2026F

6.3.6. United States Cast & Forged Market Revenues & Volume, By Agriculture, 2016 - 2026F

6.3.7. United States Cast & Forged Market Revenues & Volume, By Industrial, 2016 - 2026F

7. United States Cast & Forged Market Import-Export Trade Statistics

7.1. United States Cast & Forged Market Export to Major Countries

7.2. United States Cast & Forged Market Imports from Major Countries

8. United States Cast & Forged Market Key Performance Indicators

9. United States Cast & Forged Market - Opportunity Assessment

9.1. United States Cast & Forged Market Opportunity Assessment, By Product Types, 2019 & 2026F

9.2. United States Cast & Forged Market Opportunity Assessment, By Activity Types, 2019 & 2026F

9.3. United States Cast & Forged Market Opportunity Assessment, By Applications, 2019 & 2026F

10. United States Cast & Forged Market - Competitive Landscape

10.1. United States Cast & Forged Market Revenue Share, By Companies, 2019

10.2. United States Cast & Forged Market Competitive Benchmarking, By Operating and Technical Parameters

11. Company Profiles

12. Recommendations

13. Disclaimer

Tanzania Cast & Forged Market (2020-2026): Market Forecast By Product Types (Light Alloys, Copper Alloys, Iron Casting, Steel Casting, Miscellaneous), By Activity Types (Closed Die Forging, Open Die Forging, Rolled Ring Forging, Cold Forging, Non-ferrous Closed Die Forging), By Applications (Automotive, Aerospace, Oil & Gas, Construction, Agriculture, Industrial, Others) And Competitive Landscape

Thailand Cast & Forged Market (2020-2026): Market Forecast By Product Types (Light Alloys, Copper Alloys, Iron Casting, Steel Casting, Miscellaneous), By Activity Types (Closed Die Forging, Open Die Forging, Rolled Ring Forging, Cold Forging, Non-ferrous Closed Die Forging), By Applications (Automotive, Aerospace, Oil & Gas, Construction, Agriculture, Industrial, Others) And Competitive Landscape

Tunisia Cast & Forged Market (2020-2026): Market Forecast By Product Types (Light Alloys, Copper Alloys, Iron Casting, Steel Casting, Miscellaneous), By Activity Types (Closed Die Forging, Open Die Forging, Rolled Ring Forging, Cold Forging, Non-ferrous Closed Die Forging), By Applications (Automotive, Aerospace, Oil & Gas, Construction, Agriculture, Industrial, Others) And Competitive Landscape

Turkey Cast & Forged Market (2020-2026): Market Forecast By Product Types (Light Alloys, Copper Alloys, Iron Casting, Steel Casting, Miscellaneous), By Activity Types (Closed Die Forging, Open Die Forging, Rolled Ring Forging, Cold Forging, Non-ferrous Closed Die Forging), By Applications (Automotive, Aerospace, Oil & Gas, Construction, Agriculture, Industrial, Others) And Competitive Landscape

UAE Cast & Forged Market (2020-2026): Market Forecast By Product Types (Light Alloys, Copper Alloys, Iron Casting, Steel Casting, Miscellaneous), By Activity Types (Closed Die Forging, Open Die Forging, Rolled Ring Forging, Cold Forging, Non-ferrous Closed Die Forging), By Applications (Automotive, Aerospace, Oil & Gas, Construction, Agriculture, Industrial, Others) And Competitive Landscape

United Kingdom Cast & Forged Market (2020-2026): Market Forecast By Product Types (Light Alloys, Copper Alloys, Iron Casting, Steel Casting, Miscellaneous), By Activity Types (Closed Die Forging, Open Die Forging, Rolled Ring Forging, Cold Forging, Non-ferrous Closed Die Forging), By Applications (Automotive, Aerospace, Oil & Gas, Construction, Agriculture, Industrial, Others) And Competitive Landscape

Ukraine Cast & Forged Market (2020-2026): Market Forecast By Product Types (Light Alloys, Copper Alloys, Iron Casting, Steel Casting, Miscellaneous), By Activity Types (Closed Die Forging, Open Die Forging, Rolled Ring Forging, Cold Forging, Non-ferrous Closed Die Forging), By Applications (Automotive, Aerospace, Oil & Gas, Construction, Agriculture, Industrial, Others) And Competitive Landscape

Venezuela Cast & Forged Market (2020-2026): Market Forecast By Product Types (Light Alloys, Copper Alloys, Iron Casting, Steel Casting, Miscellaneous), By Activity Types (Closed Die Forging, Open Die Forging, Rolled Ring Forging, Cold Forging, Non-ferrous Closed Die Forging), By Applications (Automotive, Aerospace, Oil & Gas, Construction, Agriculture, Industrial, Others) And Competitive Landscape

Vietnam Cast & Forged Market (2020-2026): Market Forecast By Product Types (Light Alloys, Copper Alloys, Iron Casting, Steel Casting, Miscellaneous), By Activity Types (Closed Die Forging, Open Die Forging, Rolled Ring Forging, Cold Forging, Non-ferrous Closed Die Forging), By Applications (Automotive, Aerospace, Oil & Gas, Construction, Agriculture, Industrial, Others) And Competitive Landscape

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