Metal Casting Zone Info Blog

Posts Tagged ‘aluminium castings’

Metal Castings- Techniques and Applications

Metal castings are idea for complicated and intricate designs that are difficult or unviable by other methods. The best part is that it does not involve the various time- consuming steps like machining, forging, and welding. Casting is most often used for making complex shapes that would be otherwise difficult or uneconomical to make by other methods Casting ensures better finish to the products than assembled products and is well suited for a range of metals and alloys.

Sand casting is another type of casting process where molds of sand are used to hold the molten metal. It is one of the most popular methods because of the easy availability of raw materials and cost effectiveness. The molten metal is poured into the cavity made in the shape of the casting to be made. When the molten metal solidifies the mold is broken to remove the castings. These days, chemicals and adhesives are being used to bind the aggregate instead of using the wet sand method because of the low cost factor.

Gravity Die casting is a process in which the molten metal is poured into metallic moulds under gravity without any external pressure, which makes it different from High Pressure Die Casting (HPDC), where the molten metal is  forced into the metal mould under very high pressures. Gravity die casting is used for producing smooth and sharply defined products. This method is well suited for mass production or reproduction, perfect finish and smooth surface. It is faster than other methods like sand casting and the process can also be automated.

Aluminium Castings are popular and versatile techniques for manufacturing semi- or finished products with complicated shapes in industries like automobile and engineering sectors.  Aluminium castings are of two types Ingot casting or Mould casting.  In the former process, aluminium is cast into rolling ingot and wire bar ingot to get semi- and finished products; whereas in mould casting molten metal is poured into specific shaped molds to get products.

The online B2B platforms are great places to get connected with other suppliers and buyers in this product line and also to get updates on international trade fairs, exhibitions and business leads.

Product Description
Industry Risk Ratings Synopsis

This Industry Risk Ratings report from IBISWorld evaluates the inherent risks associated with the Non-Ferrous Metal Casting in Australia industry. Industry Risk is assumed to be ‘the difficulty, or otherwise, of the business operating environment’.

The report looks at the operational risk associated with this industry. Three types of risk are recognized in our analysis. These are: risk arising from within the industry itself (structural risk), risks arising from the expected future performance of the industry (growth risk) and risk arising from forces external to the industry (external sensitivity risk).

This approach is new in that it analyses non-financial information surrounding each industry. Industries are scored on a 9-point scale, where 1 represents the lowest risk and 9 the highest. The Industry Risk score measures expected Industry Risk over the coming 12-18 months.

Industry Definition

This Class consists of firms mainly engaged in casting or forging non-ferrous metals or alloys. The term non-ferrous is used to indicate metals other than iron and alloys that do not contain an appreciable amount of iron. A key market for these firms is the automotive industry, which makes use of a range of aluminium castings.

Report Contents

Risk Overview

The Risk Overview chapter includes sections on Industry Definition and Activities, Industry Risk Score and Risk Rating Analysis. The Industry Definition and Activities section provides a detailed definition of the activities carried out by operators in this industry as defined in NAICS. A list of the primary activities of the industry is also included. The Industry Risk Score section provides the Overall Industry Risk Score as well as the Risk Scores for each of the three types of risk covered that combine to form the Overall Industry Risk Score. These three types of risk are Structural Risk, Growth Risk and External Sensitivity Risk. The Risk Rating Analysis section discusses the underlying factors contributing to the Overall Industry Risk Score.

Structural Risk

The Structural Risk chapter looks at risk arising from within the industry itself and provides a detailed discussion of the industry’s level of exposure to seven key indicators. These key indicators are Barriers to Entry, Competition, Industry Exports, Industry Imports, Level of Assistance, Life Cycle Stage and Volatility of Industry. The Overall Structural Risk Score is a weighted aggregation of these seven key indicators. Each of the key indicators is discussed in detail in this section.

Growth Risk

The Growth Risk chapter looks at risks arising from the expected future performance of the industry. The Overall Growth Risk Score is determined by amalgamating the scores for Recent Industry Growth and Forecast Industry Growth. Detailed analysis is provided discussing the reasons for the growth scores of both.

Sensitivity Risk

The Sensitivity Risk chapter looks at risks arising from forces (sensitivities) external to the industry. The Overall External Sensitivity Risk Score is determined by identifying the most significant (up to 6) external factors and weighting them to represent how significant each sensitivity is to the performance of the industry. Examples of External Sensitivities are Exchange Rates, Interest Rates, Commodity Prices and Government Regulations. There is also a detailed analysis of the affect each of the sensitivities has on the industry, including charts and data tables where appropriate.

Industry Risk and Industry Risk Scoring Methodology

This chapter provides an overview of how IBISWorld defines Industry Risk and discusses the methodology used to arrive at an Industry Risk Score. There is also a table that provides a definition of the seven levels of Industry Risk.

C2733 – Non-Ferrous Metal Casting in Australia
C2811 – Motor Vehicle Manufacturing in Australia
C2812 – Motor Vehicle Body Manufacturing in Australia
C2813 – Automotive Electrical and Instrument Manufacturing in Australia
C2819 – Automotive Parts and Accessories Manufacturing in Australia
C2861 – Agricultural Machinery Manufacturing in Australia
C2862 – Mining and Construction Machinery Manufacturing in Australia
C2863 – Food Processing Machinery Manufacturing in Australia
C2864 – Machine Tool and Part Manufacturing in Australia
C2865 – Lifting and Material Handling Equipment Manufacturing in Australia
C2866 – Pump and Compressor Manufacturing in Australia

Non-Ferrous Metal Casting in Australia – Industry Risk Rating Report