Navi Mumbai, India: Market Report on India present the latest report on “Foundry Market in India”, All major metals like iron, magnesium, aluminum, zinc, steel, and copper-based alloys can be used to make castings.

About Foundry Market

A foundry is a workshop for manufacturing metal castings, wherein molten or liquid metal is poured into a mold made of metal, sand, or a ceramic substance. The metal casting comprises a hollow cavity of the desired shape to form geometrically complex parts when liquid metal is poured into it. All major metals like iron, magnesium, aluminum, zinc, steel, and copper-based alloys can be used to make castings. Metal castings find applications in cars, trucks, planes, trains, mining and construction equipment, oil wells, pipes, toys, space shuttles, wind turbines, and nuclear plants.

The analysts forecast the foundry market in India to grow at a CAGR of 10.08% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the foundry market in India for 2017-2021. To calculate the market size, the report considers the revenue generated from the production value of castings manufactured by the foundry market in India.

Technavio's report, Foundry Market in India 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Electrosteel Castings
• Hinduja Foundries
• Nelcast
• Rail Wheel Factory

Other prominent vendors
• Ashok Iron Works
• Brakes India
• Cooper
• DCM Engineering
• Jayaswal Neco Industries
• Kirloskar Ferrous Industries
• Mahindra Hinoday Industries
• Sakthi Auto Components
• Tata Motors (Production Engineering)
• Welcast Steels

Market driver
• Passage of GST bill by parliament.
• For a full, detailed list, view our report

Market challenge
• Environmental issues leading to increasing environmental cost.
• For a full, detailed list, view our report

Market trend
• Increasing investments in foundry market in India.
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

To read the complete report at: http://www.marketreportsonindia.com/industry-mfg-market-research-reports-11711/foundry-india1.html

Related Research Reports: http://www.marketreportsonindia.com/market-research-report/industry-mfg.html?q=Foundry&ipage=&sortby=dd

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