Global Aluminum Die Casting Market Overview:
According to the latest report by IMARC Group, titled “Aluminum Die Casting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global aluminum die casting market size is expected to exhibit a CAGR of 4.7% during 2022-2027. Aluminum die casting refers to the process of producing accurate, defined, smooth, and textured-surfaced metal parts. It is lightweight, durable, corrosion-resistant, and more cost-effective than other casting processes. Moreover, as it possesses high mechanical properties, thermal and electrical conductivity, tensile strength, and dimensional stability, it is widely used for producing complex industrial parts.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Aluminum Die Casting Market Trends:
Stringent emission laws implemented by regulatory authorities of numerous countries have escalated the demand for fuel-efficient vehicles across the globe. This represents one of the major factors driving the need for aluminum die casting to replace iron and steel components with lightweight, high-quality components to improve the fuel efficiency of vehicles. In addition, aluminum die casting is used to create windows, cladding, curtain walling, prefabricated buildings, shop partitions, and fittings. This, in confluence with the increasing number of construction activities worldwide, is contributing to the market growth. Furthermore, the increasing application of dense and high-quality products at lower costs in aircraft is anticipated to expand the applications of aluminum die castings in the aerospace industry.
Global Aluminum Die Casting Market 2022-2027 Analysis and Segmentation:
Competitive Landscape With Key Players:
- Alcast Technologies Ltd.
- Alcoa Corporation
- Bodine Aluminum Inc.
- Consolidated Metco Inc.
- Dynacast Deutschland GmbH
- GF Casting Solutions
- Gibbs Die Casting Corporation
- Martinrea Honsel Germany GmbH
- Rheinmetall Automotive AG
- Ryobi Die Casting Dalian Co., Ltd.
- Shiloh Industries Inc.
- Walbro LLC
Breakup by Process:
- Pressure Die Casting
- Vacuum Die Casting
- Squeeze Die Casting
- Semisolid Die Casting
Breakup by Application:
- Body Parts
- Engine Parts
- Transmission Parts
- Others
By End-Use:
- Transportation
- Industrial
- Building & Construction
- Telecommunication
- Consumer Durables
- Energy
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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