Aluminum Casting Market May Set New Growth Story 2027 | Alcoa Corporation, Endurance Technologies Limited, Ryobi Limited, dycast Specialties Corporation, Consolidated Metco

Aluminum casting market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with the CAGR of 7.9% in the forecast period of 2020 to 2027 and expected to reach USD 117,899.27 million by 2027. Increasing demand of the HVAC system in commercial buildings is driving factor for the market growth.Casting is the process through which raw aluminum is converted into the products by heating and pouring. The process permits the producer to manufacture parts at a higher and faster rate as compared to any other alloy materials. With the help of casting process the products which are formed has become corrosion resistant, versatile and can be used for wide range of applications.

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The major players covered in the report are Alcoa Corporation, Endurance Technologies Limited, Ryobi Limited, dycast Specialties Corporation, Consolidated Metco, Inc., Alcast Technologies, Ningbo Beilun Create Mould Machine Co., Ltd, Leggett & Platt, Incorporated, Martinrea Honsel Germany GmbH, GIBBS, Dynacast, Reliance Foundry Co. Ltd., Toyota Industries Corporation, LA Aluminum, TPi Arcade, Drahtwerk Elisental W. Erdmann GmbH & Co., Wagstaff Inc., Ningbo Innovaw Mechanical CO.,LTD., Modern Aluminum Castings CO., INC. and Pacific Die Casting Corp.. Aluminum casting market share data is available for Global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Global Aluminum Casting Market By Process (Expendable Mold Casting and Non-Expendable Mold Casting)

By Source (Primary (Fresh Aluminium) and Secondary (Recycled Aluminium)

By Application (Intake Manifolds, Oil Pan Housings, Structural Parts, Chassis Parts, Cylinder Heads, Engine Blocks, Transmissions, Wheels & Brakes, Heat Transfers and Others)

By End-User (Automotive, Building And Construction, Industrial, Household Appliances, Aerospace, Electronic And Electrical, Engineering Tools and Others)

By Country (U.S., Canada and Mexico, Germany, U.K., France, Italy, Switzerland, Spain, Russia, Belgium, Netherlands, Turkey and Rest of Europe, China, Japan, South Korea, India, Singapore, Australia, Thailand, Malaysia, Indonesia, Philippines and rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel and Rest of Middle East and Africa) - Industry Trends and Forecast to 2027.

This aluminum casting market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.

Global Aluminum Casting Market Scope and Market Size

Aluminum casting market is segmented on the basis of process, source, application and end-user. The growth among segments helps you to analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

o On the basis of Process, aluminum casting market is segmented into expendable mold casting and non-expendable mold casting. Non-expendable mold casting is dominating the market globally as most of the products which are produced are from the non-expendable processes like die casting, permanent die casting and others. Further, the cost of the process or technique is low as compared to the expendable mold casting process like investment casting.
o On the basis of source, aluminum casting market is segmented into primary (fresh aluminum) and secondary (recycled aluminum). Primary (fresh aluminum) dominates the global market as the products are made through primary (fresh aluminum) and are in the purest form and do not possess any additive in it which increases their usage life.
o On the basis of application, aluminum casting market is segmented into intake manifolds, oil pan housings, structural parts, chassis parts, cylinder heads, engine blocks, transmissions, wheels & brakes, heat transfers and others. Wheels & brakes is dominating the market globally as they are very cheap and does not require continuous maintenance because the wheels and brakes which are made through the aluminum casting process have the better corrosion resistance as compared to other parts of the vehicles.
o On the basis of end-user, aluminum casting market is segmented into automotive, building and construction, industrial, household appliances, aerospace, electronics and electrical, engineering tools and others. Automotive is dominating the market globally as most of the parts which are used in automotive is used to reduce the weight of the vehicle and fuel consumption and that has been achieved by the aluminum casting products which helps in keeping the vehicles lighter.

Asia-Pacific dominates the aluminum casting market as the China is leader in aluminum casting manufacturing and major leaders are generating revenue from China due to high production and consumption towards the towards the aluminum products. The Asia-Pacific region is expected to grow with the highest growth rate in the forecast period of 2020 to 2027 because of increasing business expansion and awareness among the customers. The Japan is leading the growth of Asia-Pacific market due to major adoption of aluminum casting market as well as adoption of light weight of the material used in vehicles. While the Germany is dominating in the Europe market as the rising usage of light weight material that will accelerate the lighter object in less energy is driving the growth of the Europe market.

Table Of Contents Is Available Here@https://www.databridgemarketresearch.com/toc/?dbmr=global-aluminum-casting-market

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: Market Landscape

Market Ecosystem
Market Characteristics
Market Segmentation Analysis

Part 05: Pipeline Analysis

Pipeline Analysis

Part 06: Market Sizing

Market Definition
Market Sizing
Market Size And Forecast

Part 07: Five Forces Analysis

Bargaining Power Of Buyers
Bargaining Power Of Suppliers
Threat Of New Entrants
Threat Of Substitutes
Threat Of Rivalry
Market Condition

Part 08: Market Segmentation

Segmentation
Comparison
Market Opportunity

Part 09: Customer Landscape

Part 10: Regional Landscape

Geographical Segmentation
Regional Comparison
North America
South America
Europe
MEA
APAC
Market Opportunity

Part 11: Decision Framework

Part 12: Drivers and Challenges

Market Drivers
Market Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Overview
Landscape Disruption

Part 15: Vendor Analysis

Vendors Covered
Vendor Classification
Market Positioning Of Vendors

Part 16: Appendix

List Of Abbreviations

See The Complete Table Of Contents And List Of Exhibits, As Well As Selected Illustrations And Example Pages From This Report.

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Reasons to Purchase this Report

Current and future of global Aluminum Casting market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
Regions/countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report

The report includes the complete segmentation displayed above across all above mentioned countries
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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