Global Aluminum Casting Market, By Process (Die Casting, Permanent Mold Casting, Sand Casting), By E

Published Date: | Report Code : MT1912755

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Increasing demand from the automotive and construction industry for various applications is expected to drive the market growth of the aluminum casting market during the forecast period. 

Casting is a manufacturing process in which a liquid is poured into a mold where the liquid material takes the shape of the mold and then is allowed to solidify. It is used to make complex shapes. Aluminum casting also follows the same principle of casting where aluminum is poured into a mold to form a desired shape.

Segment Analysis: 

There are three types of casting, namely, die casting, permanent mold casting, sand casting.

Die casting is a process where molten aluminum is forced into a mold under high pressure. The permanent mold casting process involves mold and cores. It is a manufacturing process in which molten aluminum is poured into the mold and is allowed to solidify to form a desired shape. It is stronger than die or sand casting.

Sand casting is a manufacturing process for producing aluminum products. This process involves a furnace, metal, pattern, and a sand mold. The metal is melted in the furnace and then poured into the sand mold, which takes the desired shape. It is a very slow process as it takes time during solidification and cooling. It is also economical for small quantities of production.

The automotive industry is one of the largest users of aluminum casting, as it offers a huge market for cast products using ferrous and nonferrous metals and its alloy. It is used at a very large scale in commercial vehicles and motorbikes. The construction industry in Asia Pacific is driving the aluminum casting market in the region.

Key Factors Impacting Market Growth:

  • Growing demand from emerging economies in the Asia Pacific region
  • Opportunities in the market for stakeholders

Regional Analysis: 

The aluminum casting market by region has been segmented by North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and the Rest of the World. North America and Western Europe are major regions for the aluminum casting market owing to diversified demand from end-use industries and competitive scenarios. Some of the major end-use industries in these regions include Automotive, building & construction, industrial, others. These markets have been dynamic in terms of new product developments and related activities. Hence, some of the emerging sub-segments in this market promise high potential in this region. Major countries for the aluminum casting market in these regions include the US, Germany, France, UK, Canada, Italy, and so on. Recent economic slowdowns, trade implications and environmental concerns are some of the key impact factors influencing the market dynamics in these regions. Developing regions including Asia Pacific, South America, and Africa have witnessed key developments in terms of organic and inorganic growth strategies. Global companies have made strategic investments in these regions with favorable production conditions and high demand from end-use industries. China, India, Brazil, South Africa, South Korea, Japan, and others have been some of the key economies in the region. Building & construction, automotive, industrial, others are some of the major industries in the region with strong potential for the aluminum casting market. Middle East promises a strong market potential with demand from countries including UAE, Saudi Arabia, Qatar, and others that are seeking to diversify the economic outlook. Eastern Europe consisting of Russia and Turkey is also estimated as one of the key markets with demand from construction, automotive, industrial, others.

Companies Covered: Alcoa Corporation, United Company Rusal, Gibbs Die Casting Corp, Aluminum Corporation of China Limited, and China Hongqiao Group Limited…

Market Segmentation:

By Process:

  • Die Casting
  • Permanent Mold Casting
  • Sand Casting

By End-User:

  • Automotive Sector
  • Building & Construction Sector
  • Industrial Sector
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Process
    • By End-User
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Process
    • By End-User
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Process
    • By End-User
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Process
    • By End-User
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Process
    • By End-User
  • Rest of the World
    • By Region (South America, Africa)
    • By Process
    • By End-User

Reasons To Buy This Report:

  • Market size estimation of the aluminum casting market on a regional and global basis
  • Unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all possible segments helping every stakeholder in the market

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We provide customization of the study to meet specific requirements:

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