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tions. Industry capacity is 15.3 mil- lion tons with the industry forecast to operate at 73% of capacity in 2015. The U.S. is second in the world


in casting shipments based on ton- nage, following China and ahead of India. Based on the data secured through the “2014 Annual Census of World Casting Production” by


Modern Casting magazine, China shipped 46.2 million metric tons of castings in 2014 compared to 10.47 million metric tons by the U.S. and 10.02 by India. Following the U.S. and India are Japan (5.54 million metric tons), Germany (5.25), Rus- sia (4.2), Brazil (2.74), Korea (2.63), Italy (2.02) and France (1.73).


DUCTILE IRON MARKET SUMMARY Iron Pipe, Fittings, Ingot Molds - NAICS 331511


Short Term Annual Growth Rate (AGR) ‘15-’18 ................................ -2.1% Long Term AGR ‘15-’24 ...................................................................... 0.3%


Metal Valve - NAICS 33291 Short Term AGR ‘15-’18 ..................................................................... 3.9% Long Term AGR ‘15-’24 ...................................................................... 2.5%


Agricultural Implement Manufacturing- NAICS 333111 Short Term AGR ‘15-’18 ..................................................................... 7.7% Long Term AGR ‘15-’24 ...................................................................... 3.9%


Construction Machinery - NAICS 333120 Short Term AGR ‘15-’18 ................................................................... 13.6% Long Term AGR ‘15-’24 ...................................................................... 6.2%


Oil and Gas Field Machinery - NAICS 333132 Short Term AGR ‘15-’18 ................................................................... 30.1% Long Term AGR ‘15-’24 .................................................................... 12.4%


In the following pages, tables depict the breakdown of U.S. casting shipments by select metal and end- use markets with a forecast to 2024. This data is an estimated forecast based on an economic modeling tool and should be used only as an estimate. AFS cannot be held liable for its accuracy.


Pump and Compressor Manufacturing - NAICS 33391 Short Term AGR ‘15-’18 ................................................................... 19.7% Long Term AGR ‘15-’24 ...................................................................... 8.3%


Other Engine Equipment - NAICS 333618 Short Term AGR ‘15-’18 ..................................................................... 9.7% Long Term AGR ‘15-’24 ...................................................................... 4.7%


Automobile and Light Duty Motor Vehicle - NAICS 33611 Short Term AGR ‘15-’18 ..................................................................... 1.7% Long Term AGR ‘15-’24 ...................................................................... 1.7%


Heavy Duty Truck - NAICS 33612 Short Term AGR ‘15-’18 ....................................................................... -1% Long Term AGR ‘15-’24 ...................................................................... 0.6%


TOTAL Short Term AGR ‘15-’18 ..................................................................... 2.1% Long Term AGR ‘15-’24 ...................................................................... 1.9% 2016 Sales Forecast ....................................................... $4,958,980,000


January 2016 MODERN CASTING | 31


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