CASTING AND FORGING MARKET
Author: Date: 2016-10-9 14:54:17
About Casting and Forging market
Casting is a manufacturing process in which molten or liquid metal is poured into a mold made of sand,metal,or ceramic,which contains a hollow cavity of the desired shape,to form geometrically complex parts. All major metals can be made into castings and the most common ones are iron,aluminum,magnesium,zinc,steel,and copper-based alloys. Metal castings find application in cars,trucks,planes,trains,mining and construction equipment,oil wells,pipes,toys,space shuttles,wind turbines,nuclear plants,and more. Forging is the process of shaping the metals using compressive forces,which are then further processed to obtain a finished part. There are various types of forging methods such as closed die forging,cold forging,and open die forging.
The Casting and Forging market will grow at a CAGR of 4.84 percent over the period 2013-2018.