Press release
Strong Growth Ahead: Aluminum Die Casting Market Size To Grow At Arecord 8% Cagr By 2029
The Aluminum Die Casting Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].How Big Is the Aluminum Die Casting Market Size Expected to Be by 2034?
The aluminum die casting market has experienced solid growth, with projections showing an increase from $60.92 billion in 2024 to $66.03 billion in 2025 at a CAGR of 8.4%, driven by wider usage of die-casting components, increased car sales, passenger vehicle demand, industrial expansion, and urban growth.
The aluminum die casting market is expected to grow strongly to $89.97 billion by 2029 at a CAGR of 8.0%, due to EV demand, urbanization, and electronics growth. Trends involve automated casting, simulation tools, CAD integration, and additive manufacturing.
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What Are the Emerging Segments Within the Aluminum Die Casting Market?
The aluminum die casting market covered in this report is segmented -
1) By Casting Process: High Pressure Die Casting, Low Pressure Die Casting, Vacuum Die Casting, Gravity Die Casting, Squeeze Die Casting
2) By Chamber Process: Hot Chamber Aluminum Die Casing, Cold Chamber Aluminum Die Casting
3) By End User: Automotive Components, Pumps And Valves, Industrial Component, Engineering Components, Construction, Packaging, Other End Users
Subsegments:
1) By High Pressure Die Casting: Hot Chamber Die Casting, Cold Chamber Die Casting
2) By Low Pressure Die Casting: Gas Assisted Low Pressure Die Casting, Water Assisted Low Pressure Die Casting
3) By Vacuum Die Casting: Vacuum Assisted High Pressure Die Casting, Vacuum Assisted Low Pressure Die Casting
4) By Gravity Die Casting: Permanent Mold Casting, Sand Casting
5) By Squeeze Die Casting: Cold Chamber Squeeze Die Casting, Hot Chamber Squeeze Die Casting
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What Long-Term Drivers Are Shaping Aluminum Die Casting Market Trends?
The rising demand for automobiles is projected to enhance the aluminum die casting market. With more consumers replacing aging vehicles and favoring SUVs, manufacturers are turning to aluminum die casting for lighter and more fuel-efficient vehicles. In February 2024, the European Federation for Transport and Environment reported that SUV sales topped 1 million in 2023-a 23% increase from 2022. This surge supports the aluminum die casting market.
Who Are the Top Competitors in Key Aluminum Die Casting Market Segments?
Major companies operating in the aluminum die casting market are Aluminum Corporation of China Limited, Alcoa Corporation, Rheinmetall Automotive AG, Arconic Corporation, Nemak SAB De CV, GF Casting Solutions, Amsted Industries Incorporated, Martinrea International Inc., The Bühler Holding AG, Rockman Industries Limited, Ryobi Limited, Dynacast International Inc., Endurance Technologies Limited, Pace Industries, Consolidated Metco Inc., Walbro Corporation, Sandhar Technologies Limited, LaSalle Bristol Inc., Madison-Kipp Corporation, FAIST Group, PHB Corp, Gibbs Die Casting Corporation, Bodine Aluminum Inc., BUVO Castings
What Trends Are Driving Growth in The Aluminum Die Casting Market?
Key players in the aluminum diecasting market are pursuing strategic collaborations to support revenue growth and innovation. In May 2022, GF Casting Solutions, a Switzerland-based company, formed a partnership with Mexico-based Bocar Group to combine their strengths in the high-pressure die casting sector. Their joint efforts focus on developing lightweight aluminum components for the mobility and energy industries, contributing to more sustainable vehicle solutions.
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Which Regions Are Becoming Hubs for Aluminum Die Casting Market Innovation?
Asia-Pacific was the largest region in the aluminum die casting market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the aluminum die casting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Aluminum Die Casting Market?
2. What is the CAGR expected in the Aluminum Die Casting Market?
3. What Are the Key Innovations Transforming the Aluminum Die Casting Industry?
4. Which Region Is Leading the Aluminum Die Casting Market?
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Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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