Global Casting Supply Level
In the U.S., an 8% increase in metal casting shipments is forecast for 2010. Long-term gains of 5.1% per year are projected through 2019.
A Metal Casting Design & Purchasing Staff Report
Metal Casting Design & Purchasing. Most countries reported that production numbers were growing or remaining steady through the fi rst three quarters of 2008 but began to wane in the fi nal few months as industries started to refl ect the global recession. China’s rate of growth slowed in 2008
G
to 7.1%, down from double digit percent- age increases the prior two years. How- ever, its growth still refl ects the world’s largest gain. At 33,500,000 tons produced, China now produces 36% of the total supply of castings worldwide. Brazil, Korea, Poland, Norway and Denmark made gains of 5% or less. Improvements in the economy and
in industrial production in the U.S. in the next two years are expected to spur increases in casting demand. Metal cast- ing sales, which are estimated at $20.8 billion in 2009, are forecast to increase to $22.8 billion in 2010 and rise to $40.4 billion in 2019. Shipments of ferrous castings in the
U.S. are forecast to increase 7%, and ship- ments of nonferrous castings are forecast to rise at an annual growth rate (AGR) of 5.6% (Fig. 1). The next few pages provide a sta-
tus update on the global metalcasting industry, as well as a look at the North American casting forecast in a few key end-use industries.
Fig. 1. Ductile iron casting production is forecast to outpace gray iron production over the next 10 years.
24 Metal Casting Design anD PurChasing January/February 2010
lobal casting production in 2008 held steady at 94.5 million tons, according to the Census of World Cast- ing Production compiled by
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60