Press release
Aluminum Casting Market reached US$ 70.5 billion in 2023 and is expected to reach US$ 125.7 billion by 2031, growing with a CAGR of 7.5% | Major Companies are Alcoa Corporation, RYOBI Aluminum Casting (UK) Ltd., Rio Tinto.
Aluminum Casting Market
The Aluminum Casting Market is extensively analyzed in the latest study by DataM Intelligence, delivering a well-rounded assessment backed by reliable statistics, historical data, and strategic insights. This report profiles leading industry players, examining their product offerings, pricing strategies, financial health, and growth initiatives. It offers a clear perspective on market dynamics, competitive landscape, and emerging trends that are set to shape the industry's future.
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Aluminum casting involves molding molten aluminum into specific shapes for applications across automotive, aerospace, and construction industries. The process produces lightweight, durable, and corrosion-resistant components. Innovations such as 3D printing and high-pressure die casting are enhancing product precision and scalability. Aluminum's recyclability and cost-effectiveness drive its widespread use. The shift toward lightweight materials in transportation and sustainability supports market growth.
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.
Aluminum Casting Industry Development:
❁ In 2024, Alcoa Corporation announced a partnership with Nexans, a global cable producer, to supply aluminum produced using the innovative ELYSISTM technology. This groundbreaking process eliminates all direct greenhouse gas emissions from traditional smelting, replacing them with oxygen. Nexans will be the first cable manufacturer to use this sustainable aluminum, marking a significant step toward reducing the environmental impact of cable production.
Research Methodology
Our research methodology combines both qualitative and quantitative approaches to provide you with a thorough market analysis. We begin by gathering data from trusted industry reports and databases (secondary research), followed by primary research through surveys and interviews with key experts. We then apply advanced statistical tools to analyze the data, uncover trends, and assess market dynamics. Additionally, we use market segmentation and Porter's Five Forces analysis to evaluate competition. This approach ensures that the insights we provide are reliable, actionable, and tailored to support your decision-making process.
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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.
This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
Regional Analysis for Aluminum Casting Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
Frequently asked questions:
➠ What is the global sales value, production value, consumption value, import and export of Aluminum Casting market?
➠ Who are the global key manufacturers of the Aluminum Casting Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
➠ What are the Aluminum Casting market opportunities and threats faced by the vendors in the global Aluminum Casting Industry?
➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➠ What focused approach and constraints are holding the Aluminum Casting market?
➠ What are the different sales, marketing, and distribution channels in the global industry?
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Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
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.
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