Aerospace The commercial aircraft industry remains buoyant with a considerable order backlog for both Boeing and Airbus. China’s import market for aircraft parts and components continued to grow in the same trend as in the previous year.


Industrial Gas Turbines The world market for Industrial Gas Turbines casting sales was slow during 2018, especially influenced by the North American lower sales levels.


Automotive The overall world market for automotive was relatively flat, however the position is somewhat mixed across regions, notably the North American market is down whereas the market in China has shown significant growth. It appears that the world turbocharger wheel market continues to grow.


Other Markets The world sales for the Other Markets sector has shown an increase which is largely due to the sales data reported from the Chinese market.


Industry Outlook for 2019 The overall world investment casting sales are expected to grow through 2019 in line with recent years. As previously mentioned, the commercial aerospace industry remains buoyant and this is anticipated to continue in 2019. The industrial gas turbine market is expected to show growth in 2019, especially reported in the North American data, however sales are not expected to reach previous highs. Previous forecasts from the automotive industry predicted 100 million new cars to be manufactured in 2019, but these figures have now been revised to approximately 85 million which would still represent an industry high. Other Markets should remain at a similar level to 2018.


January 2019 ❘ 15 ®


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