Aluminum Casting Market is the process through which raw aluminum is converted into the products by heating and pouring. The process permits the producer to manufacture parts at a higher and faster rate as compared to any other alloy materials. With the help of casting process the products which are formed has become corrosion resistant, versatile and can be used for wide range of applications.This aluminum casting market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets.
Aluminum casting market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with the CAGR of 7.9% in the forecast period of 2020 to 2027 and expected to reach USD 117,899.27 million by 2027. Increasing demand of the HVAC system in commercial buildings is driving factor for the market growth.
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Market Drivers and Restraints:
On the basis of Process, aluminum casting market is segmented into expendable mold casting and non-expendable mold casting. Non-expendable mold casting is dominating the market globally as most of the products which are produced are from the non-expendable processes like die casting, permanent die casting and others. Further, the cost of the process or technique is low as compared to the expendable mold casting process like investment casting.
On the basis of source, aluminum casting market is segmented into primary (fresh aluminum) and secondary (recycled aluminum). Primary (fresh aluminum) dominates the global market as the products are made through primary (fresh aluminum) and are in the purest form and do not possess any additive in it which increases their usage life.
On the basis of application, aluminum casting market is segmented into intake manifolds, oil pan housings, structural parts, chassis parts, cylinder heads, engine blocks, transmissions, wheels & brakes, heat transfers and others. Wheels & brakes is dominating the market globally as they are very cheap and does not require continuous maintenance because the wheels and brakes which are made through the aluminum casting process have the better corrosion resistance as compared to other parts of the vehicles.
On the basis of end-user, aluminum casting market is segmented into automotive, building and construction, industrial, household appliances, aerospace, electronics and electrical, engineering tools and others. Automotive is dominating the market globally as most of the parts which are used in automotive is used to reduce the weight of the vehicle and fuel consumption and that has been achieved by the aluminum casting products which helps in keeping the vehicles lighter.
The major players covered in the Aluminum Casting Market
The major players covered in the report are Alcoa Corporation, Endurance Technologies Limited, Ryobi Limited, dycast Specialties Corporation, Consolidated Metco, Inc., Alcast Technologies, Ningbo Beilun Create Mould Machine Co., Ltd, Leggett & Platt, Incorporated, Martinrea Honsel Germany GmbH, GIBBS, Dynacast, Reliance Foundry Co. Ltd., Toyota Industries Corporation, LA Aluminum, TPi Arcade, Drahtwerk Elisental W. Erdmann GmbH & Co., Wagstaff Inc., Ningbo Innovaw Mechanical CO.,LTD., Modern Aluminum Castings CO., INC. and Pacific Die Casting Corp.. Aluminum casting market share data is available for Global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
MAJOR TOC OF THE REPORT
Chapter One: Aluminum Casting Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Aluminum Casting Market Competition, by Players
Chapter Four: Global Aluminum Casting Market Size by Regions
Chapter Five: North America Aluminum Casting Market Revenue by Countries
Chapter Six: Europe Aluminum Casting Market Revenue by Countries
Chapter Seven: Asia-Pacific Aluminum Casting Market Revenue by Countries
Chapter Eight: South America Aluminum Casting Market Revenue by Countries
Get Detail TOC@ https://www.databridgemarketresearch.com/toc/?dbmr=global-aluminum-casting-market
Key Report Highlights
Comprehensive pricing analysis based on different product types and regional segments
Market size data in terms of revenue and sales volume
Deep insights about regulatory and investment scenarios of the global Aluminum Casting Market
Analysis of market effect factors and their impact on the forecast and outlook of the global Aluminum Casting Market
The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Aluminum Casting Market
A roadmap of growth opportunities available in the global Aluminum Casting Market with the identification of key factors
The exhaustive analysis of various trends of the global Aluminum Casting Market to help identify market developments
Key Questions Answered in Report:
What is the key to the Aluminum Casting Market ?
What will the Aluminum Casting Market Demand and what will be Growth?
What are the latest opportunities for Aluminum Casting Market in the future?
What are the strengths of the key players?
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