Major Group SIC 3366 - Copper Foundries

SIC 3366 - Copper Foundries

SIC 33 - Primary Metal Industries
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- SIC 336 - Nonferrous Foundries (castings)
  SIC 331 - Steel Works, Blast Furnaces, And Rolling And Finishing Mills SIC 332 - Iron And Steel Foundries SIC 333 - Primary Smelting And Refining Of Nonferrous Metals SIC 334 - Secondary Smelting And Refining Of Nonferrous Metals SIC 335 - Rolling, Drawing, And Extruding Of Nonferrous Metals SIC 336 - Nonferrous Foundries (castings) SIC 339 - Miscellaneous Primary Metal Products
  - SIC 3366 - Copper Foundries
    SIC 3363 - Aluminum Die-castings SIC 3364 - Nonferrous Die-castings, Except Aluminum SIC 3365 - Aluminum Foundries SIC 3366 - Copper Foundries SIC 3369 - Nonferrous Foundries, Except Aluminum And Copper

Establishments primarily engaged in manufacturing copper (including alloys) castings, except die-castings.

Industry trends:

The copper foundries industry, categorized under NAICS 3366, has been experiencing several notable qualitative trends. Firstly, there is an increasing emphasis on sustainability and eco-friendly practices. Companies are investing in technologies to reduce carbon emissions and improve energy efficiency, driven partly by stricter environmental regulations and rising consumer demand for greener products.

Another trend is the adoption of advanced manufacturing technologies such as automation, AI, and IoT. These innovations are enhancing productivity, reducing waste, and enabling more precise and complex castings. There's also a growing interest in additive manufacturing, which allows for more customization and quicker prototyping.

Moreover, the industry is seeing a rise in demand for higher quality and performance materials, driven by sectors like aerospace, automotive, and electronics which require advanced copper alloy components. This demand is pushing foundries to innovate and diversify their product offerings.

In terms of forecasts, the near future looks promising with steady growth anticipated, especially as global infrastructure projects pick up post-pandemic. However, challenges such as supply chain disruptions, fluctuating metal prices, and labor shortages may pose hurdles. Companies that can adapt by leveraging technology and staying agile are likely to thrive in this evolving landscape.

This industry is comprised of:

Bushings and bearings, except die-castings: brass, bronze, and copper

Castings, except die-castings: brass, bronze, copper, and

Copper and copper-base alloy castings, except die-castings

Copper foundries, except die-castings

Foundries: brass, bronze, copper, and copper-base alloy-except die-

Machinery castings: brass, copper, and copper-base alloy-except die-

Propellers, ship and screw: cast brass, bronze, copper, and

Explore related industries:

SIC 3463 - Nonferrous Forgings SIC 3543 - Industrial Patterns SIC 1021 - Copper Ores

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