Foundries Market Definition

Foundries refer to a type of plant where machine parts are made by melting metal and pouring it into containers with specific shapes to produce castings by pouring molten metal into Molds that are used in production of different types of metallic products to ease metal manufacturing, reduce cost of operations and produce high strength products. The main types of foundries are ferrous metal foundries and nonferrous metal foundries. Ferrous metal foundries process a variety of alloys for various applications. The foundry types are pure-play foundry and integrated device manufacturers. These are used in automobiles, pipes & fittings, agricultural machinery, electrical equipment, machine tools, and other applications.

Foundries Market Segmentation

The foundries market covered in this report is segmented – 1) By Type: Ferrous Metal Foundries, Nonferrous Metal Foundries 2) By Foundry Type: Pure Play Foundry, Integrated Device Manufacturers 3) By Application: Automobile, Pipes and Fittings, Agricultural Machinery, Electrical Equipment, Machine Tools, Other Applications Subsegments Covered: Iron Foundries, Steel Foundries, Nonferrous Metal Die-Casting Foundries, Aluminum Foundries (except Die-Casting), Other Nonferrous Metal Foundries (except Die-Casting)

The coating, engraving, heat treating, and allied activities market consists of the sales of entities (organizations, sole traders or partnerships) that heat treat metals and metal products, enamel, lacquering, and varnishing metals and metal products, hot-dip galvanizes metals and metal products, engrave, chase or etch metals and metal products (except jewellery, personal goods carried on or about the person, such as compacts and cigarette cases, precious metal products (except precious plated flatware and other plated ware) and printing plates), powder coat metals and metal products, electroplate, plate, anodize, colour, and finish metals and metal products, and/or provide other metal surfacing services for the trade. Establishments in this industry coat, engrave, and heat-treat metals and metal formed products fabricated elsewhere. The main types of coating, engraving, heat treating, and allied activities are metal heat treating, metal coating, engraving and allied services to manufacturers, electroplating, plating, polishing, anodizing, and colouring. Electroplating is the method of plating a metal onto the other by hydrolysis to prevent corrosion of metal or for decorative purposes. The treatment is spheroidizing, stress-relieving, quenching & tempering, and normalizing. The various applications involved manufacturing, automotive, and other applications. The global coating, engraving, heat treating, and allied activities market size is expected to grow from $197.01 billion in 2021 to $204.83 billion in 2022 at a compound annual growth rate (CAGR) of 4%. The coating, engraving, heat treating, and allied activities market is expected to grow to $222.59 billion in 2026 at a CAGR of 2.1%. Laser engraving system technology is being highly used by the companies involved in the engraving, etching and chasing of metals. Laser engraving and laser etching are contact-free, reduce surface damage, are durable, and are safer than toxic solvents, inkjet and acids. Laser engravings are faster than hand engraving, and dot-peen markings. Its applications comprise product labelling and coding in the electronics industry (mobile phones, tablets, etc.), tool construction, and medical technology. Major players in the coating, engraving, heat treating, and allied activities market are Hy-Power Coatings Ltd, Tilton Industries Inc, Rewire Automation Inc, Metex Heat Treating Ltd, and Metal Improvement Company Inc. Asia Pacific was the largest region in the coating, engraving, heat treating, and allied activities market in 2021. North America was the second-largest region in the coating, engraving, heat treating market. The regions covered in the coating, engraving, heat treating, and allied activities report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the coating, engraving, heat treating, and allied activities market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, Vietnam. The global coating, engraving, heat treating, and allied activities market is segmented - 1) By Type: Metal Heat Treating, Metal Coating, Engraving and Allied Services to Manufacturers, Electroplating, Plating, Polishing, Anodizing, and Coloring 2) By Treatment: Spheroidizing, Stress Relieving, Quenching and Tempering, Normalizing 3) By Application: Manufacturing, Automotive, Others Subsegments Covered: Case Hardening, Normalizing, Annealing, Hardening and Tampering, Others, Solvent-Borne Coatings, Water-Borne Coatings, High Solids Coatings, Powder Coatings, Radiation Curable Coatings, Others

The support activities for metal mining (except site preparation and related construction activities) market consists of sales of support activities for metal mining (except site preparation and related construction activities) services by entities (organizations, sole traders and partnerships) that perform support activities for mining and quarrying of metallic minerals and for extraction of metal ores. Exploration for these minerals is included in this market and it includes traditional prospecting methods, such as taking core samples and making geological observations at prospective sites (but not geophysical surveying and mapping services).

The autonomous mining equipment and vehicles market consists of sales of autonomous mining equipment and vehicles by entities (organizations, sole traders, partnership) that can sense the environment and navigate on the mine haul road surface without any human intervention. Autonomous equipment and vehicles function with minimal human intervention and primarily help in the safe mining and transportation of ores and other materials. The main technologies of autonomous mining equipment and vehicles are surface mining techniques and underground mining techniques. The equipment used is a smart ventilation system, an autonomous hauling truck, pumping stations, an autonomous drilling rig, an underground LHD loader, tunneling equipment, and other equipment. The applications involved are metal mining, mineral mining, coal mining, and others. The global autonomous mining equipment and vehicles market size is expected to grow from $2.6 billion in 2021 to $2.94 billion in 2022 at a compound annual growth rate (CAGR) of 13.1%. The global autonomous mining equipment and vehicles market size is expected to grow to $4.09 billion in 2026 at a compound annual growth rate (CAGR) of 8.6%. Rising concerns regarding miners' safety are driving the growth of the autonomous mining equipment and vehicle market as more autonomous mining equipment is employed to minimize human intervention and thereby reduce accidents. Mining is a dangerous profession with hazards such as fires, flooding, mine collapses, and health risks such as respiratory diseases, hearing loss, musculoskeletal disorders, and heat stress. Introducing autonomous equipment such as robotic loaders, laser sensors, and driverless trucks can help improve worker safety. For instance, mining company Rio Tinto is using 73 driverless trucks in four of its iron mines in Australia to improve worker safety. Therefore, the rising concerns regarding miners' safety are expected to propel the growth of the autonomous mining equipment and vehicles market. Autonomous mining equipment manufacturers are increasingly investing in technologies for electrification of mining equipment to reduce costs and emissions. Mining companies are required to invest heavily in equipment and maintenance to remove exhaust gases and heat generated by underground mining equipment. According to EY, a typical underground mine is ventilated by 500 to 1,000 cubic meters per second of fresh air, and the mechanical refrigeration needed to remove diesel equipment heat has an upfront cost of $30 million to $38 million and annual electricity costs of $0.75 million to $2.2 million. These high investment and maintenance costs can be avoided by using autonomous mining equipment that uses electricity as its source of energy. In June 2020, Caterpillar Inc, a US-based construction machinery and equipment company acquired Marble Robot Inc. for an undisclosed amount. The acquisition is part of Caterpillar’s automation and autonomy strategy and demonstrates its commitment to the next generation of Jobsite solutions. Marble Robot, Inc. is a US-based robot and autonomy technology solutions company. Major players in the autonomous mining equipment and vehicles market are Caterpillar, Hitachi Ltd., Komatsu, Sandvik, and Atlas Copco. The regions covered in the global autonomous mining equipment and vehicles market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the autonomous mining equipment and vehicles market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global autonomous mining equipment and vehicles market is segmented - 1) By Technology: Surface Mining Technique, and Underground Mining Technique 2) By Equipment: Smart Ventilations System, Autonomous Hauling Truck, Pumping Stations, Autonomous Drilling Rig, Underground LHD Loader, Tunneling Equipment, and Others 3) By Application: Metal Mining, Mineral Mining, Coal Mining, Others

Mining  Market Definition

Mining is the process of extraction of minerals, metals and other valuable materials from the earth. The main types of mining are mining support activities, general minerals, stones, copper, nickel, lead, zInc., metal ore, coal, lignite, and anthracite. General minerals include mine construction sand and gravel, industrial sand, kaolin and ball clay, clay and ceramic and refractory minerals, potash, soda and borate mineral, phosphate rock, or other chemical and fertilizer minerals mining. The various processes used for mining are underground mining and surface mining. The different service providers include independent contractors and companies.

Mining  Market Segmentation

The mining market covered in this report is segmented – 1) By Type: Mining Support Activities, General Minerals, Stones, Copper, Nickel, Lead, And Zinc, Metal Ore, Coal, Lignite And Anthracite 2) By Process: Underground Mining, Surface Mining 3) By Service Provider: Independent Contractors, Companies Sub segmants: Coal Mining Support Activities, Metal Mining Support Activities, Non-Metallic Minerals Mining Support Activities, Potash, Salt, Magnesite, Sulfur, Kaolin, Asbestos, Feldspar, Boron, Gypsum, Talc, Graphite, Baryte, Bentonite, Diatomite, Lithium, Selenium, Perlite, Vermiculite, Arsenic, Diamond, Other General Minerals, Dimension Stones, Crushed Stones, Nickel, Lead And Zinc: Copper, Nickel, Lead And Zinc, Gold Ore, Iron Ore, Silver Ore, Uranium Ore, Vanadium Ore, All Other Metal Ores, Lignite And Anthracite: Coal, Lignite, Anthracite

The metals manufacturing market consists of sales of metals by entities ((organizations, sole traders and partnerships) that operate iron and steel foundries, iron and steel mills, and/or ferroalloy manufacturing businesses, and/or entities that undertake alumina and aluminium production and processing. The main types of metal manufacturing are iron and steel mills and ferroalloy manufacturing, nonferrous metal production and processing, alumina and aluminium production and processing, foundries, and steel product manufacturing. Steel product manufacturing refers to the products rolled, formed, shaped, drawn, extruded, forged, cast, fabricated or processed, or processed by a combination of two or more or such operations, from steel made by the open heath, basic oxygen, electric furnace, Bessemer or other steel making process. The metal types are aluminium, beryllium, bismuth, cadmium, cerium, chromium, cobalt, and other metal types. The various end-users involved are construction, manufacturing, and others. The global metal manufacturing market size is expected to grow from $3,023.2 billion in 2021 to $3,425 billion in 2022 at a compound annual growth rate (CAGR) of 13.3%. The global metal manufacturing market size is expected to grow to $4,542.55 billion in 2026 at a CAGR of 7.3%. Industrial robotics is gaining traction among companies in the metals industry. This is mainly because industrial robotics aids companies in reducing labour costs, improving workplace safety, and driving productivity and efficiency. Industrial robots have widespread applications in the metals industry performing tasks such as material handling, arc welding, spot welding, cutting, and press tending. According to a KPMG report, 42% of executives of global metals companies are willing to invest significantly in robotics. Examples of companies offering industrial robots to metals companies include FANUC, KUKA, ABB, and Motoman. Major players in the metals manufacturing market are Arcelor Mittal, POSCO, Nippon Steel & Sumitomo Metal, JFE, and TATA Steel Group. Asia Pacific was the largest region in the metal manufacturing market in 2021. Western Europe was the second-largest region in the global metal manufacturing market. The regions covered in the global metal manufacturing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the metal manufacturing market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, Vietnam. The global metal manufacturing market is segmented - 1) By Type: Iron and Steel Mills and Ferroalloy Manufacturing, Nonferrous Metal Production and Processing, Alumina and Aluminum Production and Processing, Foundries, Steel Product Manufacturing 2) By Metal Type: Aluminum, Beryllium, Bismuth, Cadmium, Cerium, Chromium, Cobalt, Others 3) By End-User: Construction, Manufacturing, Others Subsegments Covered: Crude Steel, Pig Iron, Ferroalloys, Nonferrous Metal (except Aluminum) Smelting and Refining, Copper Rolling, Drawing, Extruding, and Alloying, Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding, Secondary Smelting, Refining, and Alloying of Nonferrous Metal (except Copper and Aluminum), Aluminum Product Manufacturing from Purchased Aluminum, Secondary Smelting and Alloying of Aluminum, Alumina Refining and Primary Aluminum Production, Ferrous Metal Foundries, Nonferrous Metal Foundries, Iron and Steel Pipe and Tube Manufacturing, Rolling and Drawing

Metal Products Market Definition

Metal products refer to a type of product that has properties including a high melting point, high density and tensile strength, high light reflectivity, malleability, and ductility, as well as strong electrical and thermal conductivity, and is generally formed by processes including turning, drilling, milling, shaping, planning, broaching, and sawing. The main types of metal products are forged and stamped goods, cutlery and hand tools, architectural and structural metals, boiler, tank, and shipping container, hardware, spring and wire products, machine shops, turned product, and screw, nut, and bolt, coated, engraved, and heat-treated metal products, metal valves, and other fabricated metal products. The spring and wire refer to the metal products that are used in home bedding and seating. The metal types are aluminium, beryllium, bismuth, cadmium, cerium, chromium, cobalt, and other metal types. These are used in construction, manufacturing, and other end users.

Metal Products Market Segmentation

The metal products market covered in this report is segmented – 1) By Type: Forged and Stamped Goods, Cutlery and Hand Tools, Architectural And Structural Metals, Boiler, Tank, And Shipping Container, Hardware, Spring And Wire Products, Machine Shops, Turned Product, Screw, Nut And Bolt, Coated, Engraved, Heat-Treated Metal Products, Metal Valves, Other Fabricated Metal Products 2) By Metal Type: Iron Ore, Copper, Other Metal Types, Zinc, Nickel, Gold Ore, Lead, Silver Ore 3) By End User: Construction, Manufacturing, Other End Users Sub segments: Iron And Steel Forged Goods, Nonferrous Forged Goods, Custom Roll Formed Goods, Powder Metallurgy Parts, Metal Crown, Closure, Other Metal Stamped Goods, Metal Kitchen Cookware, Utensil, Cutlery, Flatware, Saw Blade, Hand Tool, Plate Work And Fabricated Structural Products, Ornamental, Architectural Metal Products, Power Boiler And Heat Exchanger, Metal Tank (Heavy Gauge), Metal Can, Box, Other Metal Container (Light Gauge), Hardware, Motor Vehicle Hardware, Builder's Hardware, Other Hardware, Springs, Other Fabricated Wire Products, Machine Shops, Turned Product And Screw, Nut, Bolts, Heat Treated Metal Products, Coated, Engraved Metal Products And Allied Services To Manufacturers, Electroplated, Plated, Polished, Anodized, Colored Metal Products, Industrial Valves, Fluid Power Valve And Hose Fitting, Plumbing Fixture Fitting And Trim, Other Metal Valve, Pipe Fitting, Ball And Roller Bearing, Fabricated Pipe And Pipe Fitting, All Other Miscellaneous Fabricated Metal Products

The nonferrous metal production and processing market consist of sales of nonferrous metals by entities (organizations, sole traders and partnerships) primarily engaged in smelting ores into nonferrous metals and/or the primary refining of nonferrous metals (except aluminium) by electrolytic methods or other processes. The main types of nonferrous metal production and processing are nonferrous metal (except aluminium) smelting and refining, copper rolling, drawing, extruding, and alloying, nonferrous metal (except copper and aluminium) rolling, drawing, and extruding, secondary smelting, refining, and alloying of nonferrous metal (except copper and aluminium). Secondary smelting will utilize secondary resources to convert or recover lead metal. The process types are smelting and refining, rolling, drawing, extruding, alloying, and other process types. The various end-user industries are automotive, electronic power, construction, and other end-user industries. The global nonferrous metal production and processing market is expected to grow from $1,062.28 billion in 2021 to $1,187.55 billion in 2022 at a compound annual growth rate (CAGR) of 11.8%. The nonferrous metal production and processing market is expected to grow to $1,494.97 billion in 2026 at a CAGR of 5.9%. Global metals companies are adopting and implementing IoT technology to improve their efficiencies and drive productivity. IoT connects people, machines, and services enabling the flow of information and real-time decisions. IoT technology offers benefits such as increased asset uptime, efficient predictive maintenance and faster processing and delivery time. According to KPMG, 72% of executives of global metals companies are willing to invest in IoT technologies. The growing adoption of IoT technology by global metals companies is expected to drive the productivity and growth of the nonferrous metal production and processing market. Major players in the nonferrous metal production and processing market are Aluminum Corp. of China Ltd, Vale S.A, Rio Tinto plc, Anglo American plc, and BHP Billiton plc. Asia Pacific was the largest region in the nonferrous metal production and processing market in 2021. Western Europe was the second-largest region in the nonferrous metal production and processing market. The regions covered in the nonferrous metal production and processing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the nonferrous metal production and processing market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, Vietnam. The global nonferrous metal production and processing market is segmented - 1) By Type: Nonferrous Metal (except Aluminum) Smelting and Refining, Copper Rolling, Drawing, Extruding, and Alloying, Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding, Secondary Smelting, Refining, and Alloying of Nonferrous Metal (except Copper and Aluminum) 2) By Process Type: Smelting and Refining, Rolling, Drawing, Extruding, Alloying, Others 3) By End-User Industry: Automotive, Electronic Power, Construction, Others