Steel Investment Foundries Industry - Market Research Report
Industry Overview
This U.S. industry comprises establishments primarily engaged in manufacturing steel investment castings. Investment molds are formed by covering a wax shape with a refractory slurry. After the refractory slurry hardens, the wax is melted, leaving a seamless mold. Investment molds provide highly detailed, consistent castings. Establishments in this industry purchase steel made in other establishments.
Source: U.S. Census BureauMarket Size and Industry Forecast
This research report analyzes the market size and trends in the Steel Investment Foundries industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.
| Historical | Forecasted |
|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|
| Market Size (Total Revenue) | Included in Report |
| % Growth Rate |
| Number of Companies |
| Total Employees |
| Average Revenue per Company |
| Average Employees per Company |
Source: U.S. government financial dataIndustry Revenue ($ Billions)
Industry Forecast ($ Billions)
Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.
Geographic Breakdown by U.S. State
Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Steel Investment Foundries companies in the United States.
Steel Investment Foundries Revenue by State
Distribution by Company Size
| Company Size | All Industries | Steel Investment Foundries |
|---|
| Small Business (< 5 Employees) | Included |
| Small Business (5 - 20) |
| Midsized Business (20 - 100) |
| Large Business (100 - 500) |
| Enterprise (> 500) |
Steel Investment Foundries Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:
- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" company (both public and private companies are included).
| Industry Average | Percent of Sales |
|---|
| Total Revenue | Included |
| Operating Revenue |
| Cost of Goods Sold (COGS) |
| Gross Profit |
| Operating Expenses |
| Operating Income |
| Non-Operating Income |
| Earnings Before Interest and Taxes (EBIT) |
| Interest Expense |
| Earnings Before Taxes |
| Income Tax |
| Net Profit |
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
| Financial Ratio | Industry Average |
|---|
| Profitability Ratios | Included |
| Profit Margin |
| ROE |
| ROA |
| Liquidity Ratios |
| Current Ratio |
| Quick Ratio |
| Activity Ratios |
| Average Collection Period |
| Asset Turnover Ratio |
| Receivables Turnover Ratio |
| Inventory Conversion Ratio |
Products and Services Mix
Product lines and services in the Steel Investment Foundries industry accounting for the largest revenue sources.
| Product Description | Description | Revenue
($ Millions) |
|---|
Steel investment foundries | Included |
Steel investment castings |
Carbon and alloy steel investment castings |
Steel investment castings, nsk, total |
Steel investment castings, nsk, for administrative-records |
Salary information for employees working in the Steel Investment Foundries industry.
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 4% | Included |
| Chief Executives | 0% |
| General and Operations Managers | 1% |
| Office and Administrative Support Occupations | 6% |
| Installation, Maintenance, and Repair Occupations | 7% |
| Other Installation, Maintenance, and Repair Occupations | 6% |
| Production Occupations | 69% |
| Metal Workers and Plastic Workers | 48% |
| Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic | 9% |
| Grinding, Lapping, Polishing, and Buffing Machine Tool Setters, Operators, and Tenders, Metal and Plastic | 6% |
| Metal Furnace Operators, Tenders, Pourers, and Casters | 6% |
| Molders and Molding Machine Setters, Operators, and Tenders, Metal and Plastic | 19% |
| Foundry Mold and Coremakers | 9% |
| Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic | 10% |
| Other Production Occupations | 14% |
| Inspectors, Testers, Sorters, Samplers, and Weighers | 6% |
| Inspectors, Testers, Sorters, Samplers, and Weighers | 6% |
Government Contracts
The federal government spent an annual total of
$346,531 on the steel investment foundries industry. It has awarded 15 contracts to 8 companies, with an average value of $43,316 per company.
Top Companies in Steel Investment Foundries and Adjacent Industries
| Company | Address | Revenue
($ Millions) |
|---|
Included |
