Industry Analysis & Industry Trends
The Light Metal Casting industry is small in the United Kingdom, with production volumes by weight representing less than 1.0% of global production. The industry's products are used as components in many engineered products, including automotive and aerospace parts. The industry is domestically oriented and has been adversely affected by weak industrial activity in the United Kingdom over the past five years.
The industry is benefiting from re-engineering in the manufacture of some final products where casting is replacing other metal-forming methods (such as forging, machining from bar stock, or fabricated from metal), as metal casting can offer cost savings to the end user... purchase to read more
Industry Report - Industry Analysis Chapter
The Light Metal Casting industry in the United Kingdom is small by global standards; it accounts for less than 1.0% of global production and less than 3.0% of European production. In 2012-13, the industry is forecast to generate revenue of £486.8 million, up 2.4% on the previous year. Industry revenue is expected to increase by an annualised 3.1% over the five years through 2012-13. However, growth in revenue over this five-year period is partly attributable to selling price increases in response to raw material price increases. In the 10 years to 2012-13, industry revenue is expected to increase at an annualised rate of 0.7%, even though raw material prices increased over this period... purchase to read more