Press release
The Global Aluminum Casting Market was valued at USD 48.05 billion in 2018 and is projected to reach a value of USD 97.87 billion by 2026, registering a CAGR of 9.3% during the forecast period, 2021–2026.
Aluminum Casting Market
Aluminum casting is lightweight, offers high dimensional stability for complex shapes and thin walls, good corrosion resistance, good mechanical properties, high thermal and electric conductivity, and retains strength at high temperatures.
In the automotive industry, aluminum casting is important, especially in reference to light metal body construction. Aluminum casting is now widely used in various applications; for instance, in the aerospace industry. Increasing demand for lightweight vehicles and new construction around the globe, due to rapid urbanization and industrialization are some of the key factors boosting the growth of the aluminum casting market. In the automotive sector, the demand for high-end cars with strong and resistant bodies has necessitated the use of effective aluminum casting. Furthermore, the light weight of aluminum casting helps manufacturers during the production process, which has also popularized aluminum casting across the world. Thus, advancements in the automotive sector are expected to propel the growth of the aluminum casting market.
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The Major Manufacturers Covered in this Report:
Olson Aluminum Casting (U.S.), Rajeshi Industries (India), Turner Aluminum Casting Ltd (U.K.), Endurance Technologies Limited (India), Lotrobe Foundry Machine & Supply Company (U.S.), Circlr Gear & machine Company Inc. (U.S.), BrandonIndustries (U.S.), Samco Sales, Inc. (U.S.), P&H Metal Products Corp. (U.S.), CenTec Cast Metal Products (U.S.), Ultraray Radiation Protection (U.S.), Air/Flex Industries (U.S.), AFT Fastners (U.S.), Congress Drives (U.S.), Galvotec (U.S.), American Metal & Rubber, Inc. (U.S.), and MA/aluminum-casting-market/I Group Inc. (Canada).
Years that have been considered for the study of this report are as follows:
History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2021 to 2026
Market Segmentation:
By Process
Die Casting
Permanent Mold Casting
Sand Casting
By Application
Passenger Cars
Commercial Vehicles
Transportation
Industrial
Consumer Products
Aerospace
Regional Segmentation:
North America (The US, Canada, and Mexico)
Europe (Germany, France, the UK, and Rest of the World)
Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
Latin America (Brazil and Rest of Latin America.)
Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)
Additionally, the analysis also delivers a comprehensive review of the crucial players on the Aluminum Casting Market along with their company profiles, SWOT analysis, latest advancement and business plans.
The analysis objectives of the report are:
To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers and industry specific challenge and risks).
To know the Aluminum Casting Market by pinpointing its many sub segments.
To profile the important players and analyze their growth plans.
To endeavor the amount and value of the Aluminum Casting Market sub-markets, depending on key regions (various vital states).
To analyze the Global Aluminum Casting Market concerning growth trends, prospects and also their participation in the entire sector.
To examine and study the Global Aluminum Casting Market size (volume and value) form the company, essential regions/countries, products and applications, background information and also predictions.
Primary worldwide Global Aluminum Casting Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans for the next coming years.
To examine competitive progress such as expansions, arrangements, new product launches and acquisitions on the market.
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