The global aluminum casting market is anticipated to reach USD 109.33 billion by 2025, growing at a significant CAGR over the forecast period of 2019 to 2025. A research report on global aluminum casting market offers a complete analysis about the market revenue, segmentation, and market players. The research report also studies competitive developments such as new product launches, agreements, acquisitions and expansions, partnership, in the market. Also, the report integrates a wide analysis of the major industry providers with associated data such as product specification, company profiles, and product picture, sales area, competitors, and manufacturing base. Moreover, the report also examines competitive advances such as expansions, mergers & acquisitions, agreements, new product launches, and research & development activities in the target market.
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Due to the rising people demand for automobiles has hugely grown that is majorly boosting the growth of the global aluminum casting market. In addition, growing demand for consumer appliances, growth in industries, huge investments in construction, electronics, and mining, as well as developing regions are boosting the growth of the global aluminum casting market. However, aluminum is majorly replaced by magnesium as a liquid metal that is one of the major factors limiting the growth of the global aluminum casting market. Across the automotive industry preference of aluminum over steel and iron is the lucrative opportunity for the global aluminum casting market. In addition, huge reserves in the automobiles and infrastructure are generating lucrative opportunities for the global aluminum casting market.
The report also focuses on raw materials and demand analysis with a widespread summary. Furthermore, the global aluminum casting market report also studies competitive advances such as expansions, agreements, mergers and acquisitions, new product launches, and research & development activities in the market. The report provides inclusive market analysis with the help of SWOT analysis, and Porter’s five force model. The global aluminum casting market report offers a comprehensive geographical analysis with major regions such as North America, Japan, Asia Pacific, and others.
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The market is segregated into end use, process, and geographical regions. According to the process, the market is categorized into die casting, permanent mold casting, as well as sand casting. On considering end use, the market is fragmented into transportation, building & construction, industrial, and others. By regional overview, the global aluminum casting market is divided into North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa.
Major providers operating in the global aluminum casting market are Alcoa Inc., Aluminum Corporation of China Limited, United Company Rusal, Gibbs Die Casting Corp, Ryobi Limited, Arconic Inc., China Hongqiao Group Limited, Rio Tinto, Dynacast Charlotte, and Nemak S.A.B. De C.V. among others.
Key players serving the global aluminum casting market include Alcoa Inc., United Company Rusal, Aluminum Corporation of China Limited, Ryobi Limited, Arconic Inc., Rio Tinto, China Hongqiao Group Limited, Dynacast Charlotte, Gibbs Die Casting Corp, and Nemak S.A.B. De C.V. among others.
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Key segments of the global Aluminum Casting market
Process Overview, 2015-2025 (USD Billion)
• Die casting
• Permanent mold casting
• Sand casting
End Use Overview, 2015-2025 (USD Billion)
• Building & construction
Regional Overview, 2015-2025 (USD Billion)
• North America
• United Kingdom
• Rest of Europe
• Asia Pacific
• Rest of Asia Pacific
• Latin America
• Rest of Latin America
• Middle East & Africa
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Reasons for the study
• The purpose of the study is to give a comprehensive outlook of the global aluminum casting market industry
• Aluminum casting are widely used for various end uses owing to their excellent properties and the market is expected to gain traction over the coming years
• With the growing transportation and construction activities in the market, there is a rise in the demand for aluminum casting which is further expected to have a positive impact on the overall market growth
What does the report include?
• The study on the global aluminum casting market includes analysis of qualitative market indicators such as drivers, restraints, challenges and opportunities
• Additionally, the market competition has been evaluated using the Porter’s five forces analysis
• The study covers qualitative and quantitative analysis of the market segmented on the basis of end uses, and type. Moreover, the study provides similar information for the key geographies.
• Actual market sizes and forecasts have been provided for all the considered segments
• The study includes the profiles of key players in the market with a significant global and/or regional presence
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