Die Casting Market is Valued at $62.87 Billion in 2017 and will reach 93.87 Billion Globally by the end of 2023, CAGR of 6.93%

Marketprognosis.com Publish a New Market Research Report On “Global Die Casting Market - Segmented by Production Process, Application, Raw Material, and Geography - Growth, Trends, and Forecast (2018 - 2023)” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Die Casting Market:

The report spread across 110 pages is an overview of the Global Die Casting Market - Segmented by Production Process, Application, Raw Material, and Geography - Growth, Trends, and Forecast (2018 - 2023). These report study based on the Die Casting Market. It is a complete overview of the market, covering various aspects prevailing market landscape. It accumulates comprehensive information and research methodologies.

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The Global Die Casting Market was valued at USD 62.87 Billion in 2017, which is projected to reach a value of USD 93.87 Billion by 2023. The market is poised to register a CAGR of over 6.93% during 2018-2023.

Rules levied by OSHA and initiatives by NADCA, to improve the technical workforce, are expected to improve the overall production of the die casting market. NADCA is working with several community colleges in the United States to create a die casting farm system. This initiative was undertaken because of the increased automation requirement and the growing demand for highly skilled workforce.

The automobile industry is highly dependent on the Environmental Protection Agency (EPA) regulations, owing to the high emissions of automotive units. The step by the EPA, to raise the mile per gallons standards to 35.5 mpg by 2016 and then 54.5 mpg by 2025, has actually accelerated the die casting industry, as the auto industry concluded that the only way it can get to those mileage standards is by reducing the weight of the vehicles. Aluminum die castings, in many of the power train and engine areas, is the one important way in which the industry can achieve this. This, in turn, is likely to fuel up the industry growth, in the area of structural die castings.

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Regional analysis, Asia-Pacific is the largest market for Die Casting, which globally accounted for over 58% share in 2017. Further growth is imminent in the Asia-Pacific magnesium alloy die casting market for many new start-up companies because of an increasing preference of end users toward lower production costs. Established companies are posing a great challenge in terms of technological, reliability, and quality issues, which is leading to mergers and acquisition signed between smaller and established companies.

Major Key Players:

1 Empire Die Casting Company

2 Nemak

3 Ryobi Die Casting Inc.

4 Sandhar Technologies Ltd

5 KSPG AG

6 Grupo Antolin-Irausa, SA

7 Koch Enterprises (Gibbs Die Casting Group)

8 Dynacast

9 Pace Industries

10 Endurance Group and More…………..

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Die Casting Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Key Findings of the Study

5 Market Overview and Trends

6 Market Dynamics

7 Global Die Casting Market Segmentation, by Production Process Type

8 Global Die Casting Market Segmentation, by Application Type

9 Global Die Casting Market Segmentation, by Raw Material Type

10 Global Die Casting Market Segmentation, by Geography

11 Competitive Landscape

12 Company Profiles

13 Future of the Market

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