The Foundries Global Market Report 2023, provides comprehensive information on the foundries market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Foundries Market’s Growth:
https://www.thebusinessresearchcompany.com/report/foundries-global-market-report
As per The Business Research Company’s Foundries Global Market Report 2023, the global foundries market grew from $174.07 billion in 2022 to $188.51 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The foundries market is expected to grow to $250.01 billion in 2027 at a CAGR of 7.3%.
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The foundries market 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
Asia-Pacific was the largest region in the foundries market in 2022.
The table of contents in TBRC’s foundries market report includes:
1. Executive Summary
2. Foundries Market Characteristics
3. Foundries Market Trends And Strategies
4. Impact Of COVID-19 On Foundries Market
5. Foundries Market Size And Growth
…
27. Competitive Landscape And Company Profiles Of The Foundries Market
28. Key Mergers And Acquisitions Of The Foundries Market
29. Future Outlook and Potential Analysis Of The Foundries Market
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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