by 12% in 2018 and the total output value was 562 million US dollars. It accounts for 18.4% of the total market of colloidal silica shell casting. The growth rate is slightly lower than that of 2017 because of long R&D cycle of high-end casting. However, this kind of casting is expected to maintain a high growth rate in Chinese Mainland.
Automotive Casting China is the world’s largest producer and seller of automobiles. In 2018, Chi- na’s automobile market was changing. Since the second half of the year, the automotive sales volume has decreased compared with the same period of 2017. Figure 1 shows automotive sales by month from 2016 to 2018. The auto- motive casting industry in China Main- land is also affected by the international market. Overall, compared with 2017, the automotive casting industry in 2018 still had an increase, about 11%, and the current output value is 346 million US dollars, accounting for 11.3% of the whole casting market. Growth rate is forecast to fall below 10% in 2019 as a
result of the downturn in the automotive market.
General Commercial Casting In the past 30 years, general commercial castings in Chinese Mainland continues to develop rapidly, forming a complete industrial system and well integrated into the international industrial chain. In recent years, with the intensification of market competition, the increase of raw material and labor costs, the improvement of environmental protection requirements, there is polarization between foundries in this section. Some foundries with high management and technical level and good reputation have won more orders and accelerated growth. According to the statistics of the Investment Casting Branch of China Foundry Association, the output value of backbone foundries increased by 16% on average in 2018. However, some weaker foundries are facing greater operational difficulties. To sum up, in 2018, the general commercial casting increased by 9% compared with 2017, with the total output value of
$2.142 billion, accounting for 70.3% of the market. Growth rate is expected to exceed 10% in 2019. In short, investment casting in
Chinese Mainland is in a stage of transformation and upgrading. The number of high value-added casting foundries is increasing, the output is also going up, and the equipment level and technical strength of foundries are constantly improving. In terms of automobile castings and general commercial castings, foundries are also continuously improving the technology and management level, increasing the added value of castings, and increasing investment in environmental protection and mechanization equipment. Summarizing the market scale of investment casting in Chinese Mainland, the output value (excluding the sodium silicate shell process) reaches 3.05 billion US dollars, an increase of 9.7% over 2017. Figure 2 shows the change of output value in Chinese Mainland since 2012.
JUST RELEASED! New Edition of Atlas of
An Investment Casting Institute Publication
Casting Defects Release This new edition addresses all the potential causes of a casting defect broken down by wax, shell or foundry.
Free to Institute Members. Visit
www.investmentcasting.org.
Investment Casting Institute
Atlas of Casting Defects
Introduction 2
Positive Defect Identifier 3 Negative Defect Identifier 5 List of Defects 57
October 2017
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
