Aluminum Casting Market 2024 Projections, Trends and Forecast 2024 - 2031 | Alcoa Corporation, RYOBI Aluminum Casting (UK) Ltd., Rio Tinto

DataM Intelligence has published a new research report on "Aluminum Casting Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

Get a Free Sample Research PDF - https://datamintelligence.com/download-sample/aluminum-casting-market

The Aluminum Casting market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.

Aluminum Casting is a manufacturing process in which molten aluminum is poured into a mold to create a specific shape. This method allows for the production of complex geometries and detailed designs, making it suitable for various applications in industries such as automotive, aerospace, and consumer goods. The casting process can be performed using several techniques, including sand casting, die casting, and investment casting, each offering distinct advantages in terms of precision, surface finish, and production volume. Once cooled and solidified, the cast aluminum component can be further processed through machining or surface treatment to meet the desired specifications.

Key Developments:

In 2024, Alcoa Corporation announced a partnership with global cable producer Nexans to supply aluminum produced using an innovative technology that completely eliminates direct greenhouse gas emissions typically associated with traditional smelting processes. Nexans will be the first cable manufacturer to utilize aluminum from the pioneering ELYSIS™ process, which replaces all greenhouse gas emissions with oxygen.

In 2023, Rio Tinto revealed plans to enhance its Alma smelter in Quebec, aiming to increase its capacity for producing low-carbon, high-value aluminum billets by 202,000 metric tons. The expansion will incorporate advanced equipment, including new furnaces, a casting pit, coolers, and systems for handling, inspection, sawing, and packing.

Forecast Growth Projected:

The Global Aluminum Casting Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

List of the Key Players in the Aluminum Casting Market:

Alcoa Corporation, RYOBI Aluminum Casting (UK) Ltd., Rio Tinto, Arconic Inc., Dynacast International, Endurance Technologies Ltd., Ryobi Die Casting, Consolidated Metco, Inc., BUVO Castings and Alcast Technologies.

Segment Covered in the Aluminum Casting Market:

By Process: Die Casting, Sand Casting, Investment Casting, Continuous Casting, Shell Molding, Lost-Foam Casting, Centrifugal Casting, Low-Pressure Casting, Permanent Mold Casting) By Alloy (A356, A360, A380, A383

By End-User: Automotive and Transportation, Industrial, Aircrafts, Agriculture, Military and Defence, Building and Construction, Others

Regional Analysis:

The global Aluminum Casting Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

Get Customization in the report as per your requierments: https://datamintelligence.com/customize/aluminum-casting-market

Regional Analysis:

The global Aluminum Casting Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Aluminum Casting Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of Aluminum Casting manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 5 & 6: Revenue of Aluminum Casting in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

Get a Free Sample PDF copy of the report @ https://datamintelligence.com/download-sample/aluminum-casting-market

FAQs

How big is the Aluminum Casting Market?

The Aluminum Casting Market size was USD $ 70.5 billion in 2023. It is expected to reach USD $125.7 billion by 2031.

How fast is the Aluminum Casting Market growing?

The Aluminum Casting Market will exhibit a CAGR of 7.5% during the forecast period, 2024-2031.

Affiliate Marketing Request here: https://www.datamintelligence.com/affiliate-marketing

Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.