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The Foundries Global Market Report 2020-30 by The Business Research Company describes and explains the global foundries market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Foundries Global Market Report 2021 covers foundries market drivers, foundries market trends, foundries market segments, foundries market growth rate, foundries market major players, and foundries market size.
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The foundries market report provides an in-depth analysis of the impact of COVID-19 on the global foundries industry, along with revised market numbers due to the effects of the coronavirus and the expected foundries market growth numbers 2021-2030.
Foundries Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global foundries market is expected to grow from $178.64 billion in 2020 to $198.35 billion in 2021 at a compound annual growth rate (CAGR) of 11%. The market is expected to reach $242.9 billion in 2025 at a CAGR of 5%.
The report covers the foundries market’s segments-
1) By Type: Ferrous Metal Foundries, Nonferrous Metal Foundries.
2) By Application: Automobile, Pipes & Fittings, Agricultural Machinery, Electrical Equipment, Machine Tools, Others.
Subsegments Covered: Iron Foundries, Steel Foundries, Nonferrous Metal Die-Casting Foundries, Aluminum Foundries (Except Die-Casting), Other Nonferrous Metal Foundries (Except Die-Casting).
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