2017 U.S. Forecast
Most Markets to See Small Gains
Following an overall down year for casting shipments in 2015, a moderate increase is expected through 2019.
AN MCDP STAFF REPORT U. S. metalcasting industry sales are expected to
reach $32.3 billion in 2019, according to the 2017 Metalcasting Forecast and Trends report published by AFS, (Schaumburg, Illinois). This total shows the industry is recovering from the dramatic re- cession that began at the end of 2008 and contin- ued through the first part of 2010. The industry bottomed out at $21.6 billion in shipments in 2009 at the depth of the recession. The indus- try began to rebound in 2010 with an estimated growth of 18% from the previous year to $25.46
billion, and this continued in 2012, when sales reached $31.19 billion. Sales have flattened in the last
two years but sales should return to the over $31 billion mark by 2017. Almost all metals are forecast to grow
between 1% and 4% from 2016-2019, and all metals are predicted to show an- nual growth up to 2.5% through 2025. T e U.S. metalcasting industry is made up of 1,956 facilities, down
GRAY IRON MARKET SUMMARY
Utility Construction - NAICS 2371 Short Term Annual Growth Rate (AGR) ‘16-’19 .................. -6% Long Term AGR ‘16-’25 ................................................................ -1.9%
Highway, Street and Bridge Construction - NAICS 2373 Short Term AGR ‘16-’19 ................................................................. -1.5% Long Term AGR ‘16-’25 .............................................................. -0.4%
Metal Valve - NAICS 33291 Short Term AGR ‘16-’19 ..................................................................... -1% Long Term AGR ‘16-’25 .............................................................. -0.2%
Machine Tool Manufacturing NAICS 333515 Short Term AGR ‘16-’19 ..................................................................... 2% Long Term AGR ‘16-’25 ................................................................ 0.8%
Agricultural Implement Manufacturing - NAICS 33311 Short Term AGR ‘16-’19 ................................................................... 4.1% Long Term AGR ‘16-’25 ................................................................ 1.5%
Construction Machinery - NAICS 333120 Short Term AGR ‘16-’19 .................................................................... 15% Long Term AGR ‘16-’25 .................................................................. 5.1%
Other Industrial Machinery Manufacturing - NAICS 333249 Short Term AGR ‘16-’19 ................................................................. 0.2% Long Term AGR ‘16-’25 ................................................................. 0.1%
Speed Changer, Industrial High-Speed Drive and Gear - NAICS 333612 Short Term AGR ‘16-’19 .................................................................. 5.7% Long Term AGR ‘16-’25 .................................................................... 2%
Other Engine Equipment - NAICS 333618 Short Term AGR ‘16-’19 ................................................................. 4.3% Long Term AGR ‘16-’25 .................................................................. 1.5%
Pump and Compressor Manufacturing- NAICS 33391 Short Term AGR ‘16-’19 ................................................................ 15.2% Long Term AGR ‘16-’25 ................................................................. 5.2%
Automobile and Light Duty Motor Vehicle - NAICS 33611 Short Term AGR ‘16-’19 ............................................................... -0.4% Long Term AGR ‘16-’25 .................................................................... 0%
TOTAL Short Term AGR ‘16-’19 .................................................................. 2.5% Long Term AGR ‘16-’25 ................................................................ 0.9% 2017 Sales Forecast ..................................... $4,687,120,000
Jan/Feb 2017 | METAL CASTING DESIGN & PURCHASING | 27
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