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Aluminum Casting Market Is Predicted To Experience Incremental Growth In The Forecast Period 2023-2032
Aluminum Casting Market
Aluminum Casting Market Size, Growth Rate, And Forecast
The global aluminum casting market size grew from $61.39 billion in 2022 to $68.19 billion in 2023 at a compound annual growth rate (CAGR) of 11.1%. The aluminum casting market size is expected to grow to $102.25 billion in 2027 at a CAGR of 10.7%.
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Aluminum Casting Market Drivers
Growing demand in the automobile industry propels the market growth in the aluminum casting market. Currently, more than 50% of individual components in automotive vehicles such as transmission housings and pistons are made of aluminum casting. The global production of automobiles has increased year over year, creating new potential for market expansion around the world.
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Aluminum Casting Market Segments
• By Type: Spinal Cord Stimulator, Deep Brain Stimulator, Sacral Nerve Stimulator, Vagus Nerve Stimulator, Gastric Neuro Stimulator
• By Technology Type: Internal Neuromodulation, External Neuromodulation
• By Biomaterial: Metallic Biomaterials, Polymeric Biomaterials, Ceramic Biomaterials
• By Application: Failed Back Surgery Syndrome, Parkinson's Disease, Urinary Incontinence, Epilepsy, Gastroparesis
• By End-User: Hospitals, Clinics, Home Healthcare, Community Healthcare
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the aluminum casting market.
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Aluminum Casting Market Key Players
Major competitors in the aluminum casting market include Alcoa Corporation, Aluminum Corporation of China Limited, Alcast Technologies, Bodine Aluminum, Inc., Consolidated Metco, Inc., Dynacast, Gibbs Die Casting Corporation, MartinreaHonsel Germany GmbH, Ryobi Ltd., Walbro, China Hongqiao Group Limited, Arconic Inc., and Eagle Aluminum Cast Products.
The Business Research Company's "Global Aluminum Casting Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Aluminum Casting Market Include:
1. Executive Summary
2. Aluminum Casting Market Characteristics
3. Aluminum Casting Market Trends And Strategies
4. Aluminum Casting Market - Macro Economic Scenario
5. Aluminum Casting Market Size And Growth
……
26. Africa Aluminum Casting Market
27. Aluminum Casting Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Aluminum Casting Market
29. Aluminum Casting Market Future Outlook And Potential Analysis
30. Appendix
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