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Aluminum Casting Global Market Key Companies, Revenue Share Analysis, Size Outlook and Forecast 2032 | Alcoa Corporation, Alcast Technologies, Bodine Aluminum, Inc., Consolidated Metco, Inc., Dynacast
Aluminum Casting Market
The Business Research Company's Aluminum Casting Global Market Report 2023 identifies growing demand in the automobile industry propels the market growth in the aluminum casting market. An automobile, often known as a motorcar or a car, is a four-wheeled vehicle that is designed primarily for passenger transportation and is powered by an internal-combustion engine that runs on volatile fuel.
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 Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. 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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Major players in the aluminum casting market are 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.
Growing demand in the automobile industry propels the market growth in the aluminum casting market. An automobile, often known as a motorcar or a car, is a four-wheeled vehicle that is designed primarily for passenger transportation and is powered by an internal-combustion engine that runs on volatile fuel.
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The Aluminum Casting market is segmented -
• By Process: Die Casting, Sand Casting, Permanent Mold Casting
• By End-User: Transportation sector, Building and Construction sector, Industrial sector, Other End-Users
• 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.
The Business Research Company's "Global Aluminum Casting Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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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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