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Ferrous Metal Foundry Products in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Ferrous Metal Foundry Products in Canada Market Research Report | NAICS 33151CA | Mar 2014

Heavy metal: High costs of inputs will weigh down on industry revenue

The Ferrous Metal Foundry Products market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 09-14
1.9%
Annual Growth 14-19
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Profit
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Employment
4,583
Businesses
132
Industry Analysis & Industry Trends

The radically spiking prices of key inputs, such as iron and steel, have slowed growth for the Ferrous Metal Foundry Products industry. That growth will continue to slow in the five years to 2019. However, the industry is not expected to go into decline... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Ferrous Metal Foundry Products industry is in decline. Industry value added, or contribution to the overall economy, is forecast to fall at an annualized rate of 2.9% in the 10 years to 2019. Over the same period, Canadian GDP is projected to rise at an average annual rate of 2.4%, indicating that the industry is in significant decline relative to the Canadian economy. As competition continues to increase, particularly from less-expensive imports, industry operators will struggle with lower levels of revenue and profit.

The industry has struggled with decreasing sales over the past decade. Despite modest growth in the 10 years to 2019, industry revenue will remain far below prerecession levels... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Ferrous Metal Foundry Products Industry?

Companies in this industry pour molten iron and steel into moulds of a desired shape to make castings. Companies purchase ferrous metal inputs from iron and steel manufacturers. The industry does not include companies that cast iron and steel they manufacture themselves.

Industry Products
Grey iron foundry productsDuctile iron foundry productsMalleable iron foundry productsCompacted graphite iron foundry productsSteel foundry productsInvestment cast steel foundry products
 
Industry Activities
Manufacturing iron castingsManufacturing steel castingsManufacturing finished iron products


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