This page contains a Flash digital edition of a book.
Industry to See Continued Short-Term Growth


U.S. casting sales are forecast to grow moderately in all metals through 2016, and then flatten out in the long term through 2023. A MODERN CASTING STAFF REPORT


and Trends report published by the American Foundry Society, Scha- umburg, Ill. Tis growth represents a


U


S. metalcasting industry sales is expected to reach $33.51 billion in 2017, according to the 2015 Met- alcasting Forecast


continued recovery from the dramatic recession that began at the end of 2008 and continued through the first part of 2010. After shipping $31.5 billion in castings in 2007, the industry bottomed out at $21.6 billion in shipments in 2009 at the depth of the recession. Te industry began to rebound in 2010 with an estimated growth of 18% from the previous year to $25.46 billion, and this


continued in 2011, when sales reached $29.64 billion. All metals are expected to see sales


growth in the short term. Investment cast steel, aluminum and copper see fore- cast growth rates above 3% from 2014 to 2016, while compacted graphite iron is expected to jump 4.82%. Compacted graphite iron’s growth is forecast to come from the engine,


Ductile iron and aluminum are expected to gain 3% annual growth through 2016.


Titanium, copper-based and other nonferrous alloys are trending upward through 2015.


January 2015 MODERN CASTING | 19


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  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68